Anyway, that account started with $10000 and over the next 6 weeks had gone down below $8500. This did not concern me because I was not looking for gains on this account. I was looking for problems to show themselves for me to fix. Click the image below to view full stats and trading history...
Now that version 1.07 addresses most of the problems found during this test, I decided to use it on this same account to recover the losses that occured during the test. You can tell when I started using version 1.07 because the lot size is different on the trades. Previous versions placed 10 trades of 0.01 lots. FSaF 1.07 places 3 trades of 0.03 lots. From August 3rd until now (Aug 12) it has recovered about $500.
So hopefully, FSaF will not only recover the original losses, it will provide nice steady gains on the account from here on with (hopefully) little drawdown. Even so, I thought it would be interesting to see how it does. This is why I put that particular account on mt4stats.com.
Wish me luck!
NOTE: Since these tests I discovered another problem with the protective/trailing stop logic that only occurs in some cases when MetaTrader is closed improperly, such as during a power failure or hardware crash. This has been remedied in version 1.08, which should be available either end of August or early September.
2 comments:
This account is now stagnant because my trading computer died and has not been running MT4 for a few days now. When I get back from being out-of-town I will try to revive the computer and get MT4 running again.
Well, I got my MT4 machine up and running and did manage to restore my account balance back to the initial deposit. However, it was partly due to a mistake that worked out in my favor. I had the lot size set too large on one pair and didn't realize it until that pair was traded. So I accidentally gained nearly $800 on that trade when I should have gained about $80. Oh well that's the kind of problem I LIKE having. :-)
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