As promised. Updated Setup. Added AUDNZD
AUDUSD: Direction None. Grid 99, TP 139
CADCHF: Direction Long. Grid 74, TP 75
AUDCHF: Direction Long. Grid 79, TP 75
NZDCHF: Direction Long. Grid 49, TP 99
AUDJPY: Direction Long. Grid 74, TP 75
NZDUSD: Direction Long. Grid 74, TP 75
NZDCAD: Direction Long. Grid 55, TP 85
AUDNZD: Direction Both. Grid 76, TP 99. All Filters to true (ie NOT default)
NZDJPY: Direction Long. Grid 76, TP 99
To be discontinued on 15 November. New Signal XM Micro Signal using same specs will be started this week (probably Wednesday).
The only difference is it will be on a new version 'Little Feet V3.1'. It is similar, but it is a little smarter in trade selection.
This better trade selection (skips certain trades in a grid on major volatility falls (or spikes against the trend), allows some extra profit per pair, and also reduces drawdown. But we are only talking about 1-2 % per pair extra...
Bad news... With my move to Australia I submitted my new proof of residence and XM Europe has asked me to close my XM accounts as they will not service Australia. I need to withdraw my funds, and reopen accounts with the XM subsidiary in Australia. Start again.......
Unnecessary work... and simple, although complicated by the fact there is a subscriber, and his/her funds are as important as mine. My Rules!
I have some weeks to sort this out to ensure there will be NO collateral damage...
I was asked the question about DD today. Yes... this EA will have a floating loss for most of its time. As a rule, I'd expect this DrawDown to be around the 10-20%, peaking to 40%, perhaps 45-50% DD on a bad day. This happened in the first week, partially because bad configuration on one Chart.
During times we can expect a floating profit, but a floating profit on one chart will be camouflaged by floating losses on other charts.
So yep, sorry, you will nearly always see an equity line...
End of this month I'm moving to a different country. This is why VPS's are so fantastic. All you need is remote access. However, even though this allows for business as usual, my response time to answer any questions could be a day or two.
I have kept the EurGbp (EG) pair. But decided to reduce exposure by 70%.
After we reach 100% equity gain (should be Mid-September) we will
-> 1. Add UsdCad (UC) pair. This will also be with limited exposure.
-> 2. I will increase the...