Many of you wondering why FractalWizard has not open positions after several days... some of you also wonder if you do not set up the EA correctly.
First, FractalWizard do not open position everyday, it need to wait until there is fractals pattern at EUR chart.
Second, follow Ck forward testing below:
http://www.ckowyong.com/blog/statements/fractalwizard/statement.htm
These are what Ck wrote about my EAs:
FractalWizard EA : this much anticipated EA has been put into action this morning. you can see the LIVE forward-test statement by going to the “live statements” above. Lin has also updated fxhope.com a fair bit. most interesting is the “settings” page… where he explains exactly how FractalWizard should be used. he reveals a lot about the risk & reward information about trading this EA, which is i think priceless! he also covers the strengths & weaknesses of the EA… which makes understanding and reiewing the EA so much easier. it’s likely the best documented Expert Advisor i’ve seen to-date… which i think many would agree.
PointBreak EA is busy doing it’s pyramiding and averaging… it’s a fast and furious trader… and since it’s a longer-term strategy, we’ll need a bit more time to really appreciate what it’s trying to do. i’m running the forward-test on 2 brokers, IBFX and FXDD. and since FXDD demo accounts do not allow micro-lots, i had to increase the capital amount to $1,000,000 (intended to use $100,000… but clicked the wrong number by mistake) to allow it to run on FXDD. according to Lin, a $100,000 demo on FXDD should do the trick.
Saturday, December 22, 2007
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