@jebonen and coldfusionpower
I think you both got some misunderstanding about TC super EA no matter family v9 or v32.
I not sure is it you both got read thru the forum o not. But i can tell that, this EA is super high risk, luckily you both havent try it on real yet.
Here is something i can explained.
The EA is open trade something like this, 8 long, 16 short in same time. It using the hedging system to function this EA. If you using a real money, USD 500 and trade wif USD 0.10 per pips. It can swipe out your account within one day for GJ.
For family v9. The default configuration is suppose like this. Open IBFX, using the smallest pip value, USD 0.01 per pips, we need around USD 1000 as capital to let it function correctly and generate profit.
Why use IBFX to test it? Bcoz it is design for IBFX. IBfx allow a trader to have 1000 trades open at the same time. But some only allow 200 - 300 open trades.
This EA is able to open up to 600 trades at one times. Tat y a USD 1000 is needed as a capital. It does generate a secure profit. But is very high risk.
This is my point of view. I will post up my setting on demo by monday.
Juz watch out, there is people have been using this EA wif capital USD300, but using pips value USD 1.00 per pips. His account swipe off within two days bcoz tak tahan dengan hedging strategy yang digunakan.
Added on June 20, 2008, 7:26 pmFurther explanation :
TC said to use IBFX mini account, but IBFX mini accont is just like fxmalay micro account.
IBFX mini - 0.01units is USD 0.01 per pips
Alpari mini - 0.01 units is USD 0.10 per pips
There is some difference over here. So his setting is only suitable for IBFX to run thru. IF we nid to test it on other company, need some time to adjust the settings abit.
TC recommend to use USD 650 as a capital to start up this EA wif trade 0.01cents per pips. It does generate a great profit according to TC. But according to electricsaver, the EA does a bad week over NYP weeks.
Note: This is an high risk EA. Plz do not take it into real b4. It is a bit too high risk portfolio.
Sorry, if i sound a bit too keras over my post. Cause terlalu letih. I need to sleep now guys, tak tahan already. Sorry jebonen and coldfusionpower, i sound abit terlalu keras, sorry ya...
Added on June 20, 2008, 7:55 pmErm. Again is me.
If wanna forward testing it. Nid to test the Margin call level for this EA.
Example :
I assumption that USD 1000 needed to trade 0.01cents per pips wif TC EA
Then we try open up IBFX wif USD 10000 demo to trade 0.10 cents per pips. See whether it will kena Margin Call or not.
If you wish to have a look on electricsaver forward testing result. You can get it over here. But i'm not sure the setting he is using.
http://trendchaser.org/forum/phpBB3/viewtopic.php?f=27&t=244Even we need to test if we trade the units based on fixed units / based on % on balance, it will resulting whether the account will get MC or not. Still thinking....
This post has been edited by mphpopular: Jun 20 2008, 07:55 PM