Forex

The data I got from the creator of this robot is leave the Flipin setting alone it is set up perfectly the way it is. The only thing that changes is lot size on a mini account. Depending on the amount of the account. Another thing about this robot is you have to leave it running...... don't turn off the computer.Minimize it and go watch TV,talk to your wife or go to bed. The Idea of a robot is to take the human element out of the equation. Whats the point if you are sitting there raptly
watching the monitor.you may as well do the trading your self
and forget the robot

yeah, the 1 pip stop loss will probably get hit every time.

now, the system does not have a stop loss?? i couldnt sleep at night knowing my trades didn't have a stop loss , but that's just me. one bad trade and it could wipe out an account, you know.

When you have a chunk of cash in your account its easy to be a little more liberal with it. LOL I believe thats how accounts get depleated. Stay diligent and frugal its a good way to grow an account.

I put all Settings back to default...have completed 3 trades
+20/+11/+10 (pips of course)

and have 1 open trade sitting at -160 right now.

What I dont understand is under the default settings it has a T/P of 20, S/L 0, but the Trailing stop is 50...whats the idea behind a 50 Trailing stop w/ a T/P of 20...

Any Ideas ?

To answer your Question...What I dont understand is under the default settings it has a T/P of 20, S/L 0, but the Trailing stop is 50...whats the idea behind a 50 Trailing stop w/ a T/P of 20...

I have no Idea and Ill bet the guy wont tell me. I'm trying to get this robot thing to work on a 1000 account.
Just To see how it does at building it up. I was planing to just set it up and leave it running on an extra laptop I have kicking around.

Hey 4rex17

I am running this on a 300 Demo account right now, so I am tresting w/ with a very very low starting point. (probally too low to actually open a live account) but thats what testing is for I keep it running at my home PC and check it on my PDA during the day. I will keep you posted on how this works for "building" an account.

And I am not going to touch the settings or take any action till I am satisfied with the results or I am at a $0 balance

Hey if you can get this thing trading on a 300 demo account
I want to know how. I'm having a problem getting this thing to even consider a trade at 1000.00 I just fired off another email to the guy asking what to do about this.

are you getting any error messages ?

If you have a 1000 account and keep the lot setting to 1.0 it wont trade (not enought money) so if thats the case switch it to a lower lot size.

It didnt make a trade for me for some time, then I went back to the website, and rather that using the "bundle" download, I downloaded the EA on its own...now its working fine.

Hi, I was having trouble running backtesting with MetaTrader 4. I'm really new to this and am having trouble with finding decent results with the backtester with Metatrader 4 (the recommended platform for trading by FAPS). I was wondering since you said you were successful if you could please give me some pointers? Maybe I'm just doing this wrong or I screwed up the inputs??