Any body try forexgale EA

Originally posted by illiterate

Are u talking abt forexgale EA statistics? From where u got this data?

http://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257

i think is recovering the lose trade...

my only concern are about its drawdown...and lots are getting bigger and bigger...

Originally posted by index1php

 

Originally posted by illiterate

 

Are u talking abt forexgale EA statistics? From where u got this data?

 

 

http://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257

 

i think is recovering the lose trade...

my only concern are about its drawdown...and lots are getting bigger and bigger...

Well... this high drawdown is caused during few days which is an alarming thing. It means that this EA can make bigger losses in very short period. It decids its lots randomly. Sometimes it uses micro and most of the times it uses bigger lots (0.3 to around 0.5). Maybe it chooses lots according to strength of a trend. Lot is not much of concern. Main flaw in its strategy is bigger drawdown.

Originally posted by Champ

 

Originally posted by index1php

 

 

Originally posted by illiterate

 

Are u talking abt forexgale EA statistics? From where u got this data?

 

 

http://www.myfxbook.com/members/fxgale/forex-gale-strategy-2/139257

 

i think is recovering the lose trade...

my only concern are about its drawdown...and lots are getting bigger and bigger...

 

 

Well... this high drawdown is caused during few days which is an alarming thing. It means that this EA can make bigger losses in very short period. It decids its lots randomly. Sometimes it uses micro and most of the times it uses bigger lots (0.3 to around 0.5). Maybe it chooses lots according to strength of a trend. Lot is not much of concern. Main flaw in its strategy is bigger drawdown.

 

It may have good growth in the end. But its method of trading is riskier. Maybe a little tweak in strategy can solve its problem of high drawdown.