PDA

View Full Version : Question about my forex autopilot! huge loss! :(


Lindgren
09-09-2009, 12:58 PM
Hi everyone

im a 23 year old man from Norway and this is my first post on FPA

Ive purchased the EA an attached it on EURUSD.

It has placed one order, and it has not closed the order for three days. Profit is -192 at the moment, but it is changing between -100 and -200.

The price that my EA purchased at was 1.4578 And takeprofit says 1.4386

Size is 0.10

i dont understand this. can any of you guys pleace be kind to explain why my EA has done this, and mabye give me further advice.

mystikdragon7
09-10-2009, 11:25 AM
Sorry your first trade from FAPS went into the negative. But sometimes FAPS will open a trade and it will go in the wrong direction. It's just he way it goes my friend. FAPS isn't perfect and never will but it can be very profitable. It also depends on your settings you have. You may have to SL set and that's why it hasn't close the tgrade yet. Will you post your setting for me so I can take a look and try to help you?

Lindgren
09-12-2009, 03:53 PM
okey, my account is 250usd

Lots 0.1
lots risk reductor 2.0
max orders 1
max lots 100
stop time 5
aaa 13
bbb 14
take profit 20.0
stop loss 0.0
trailing stop 0.0

start work time and son on is all set to 12

mystikdragon7
09-12-2009, 09:33 PM
okey, my account is 250usd

Lots 0.1
lots risk reductor 2.0
max orders 1
max lots 100
stop time 5
aaa 13
bbb 14
take profit 20.0
stop loss 0.0
trailing stop 0.0

start work time and son on is all set to 12

JMO but I think you should either change you lots to 0 and leave your risk reducer the same, or, put your reducer to 0 and your lot size to .01 or .02. Your account is kinda small the have a lot size of .1, that is why your account is taking a big hit. Also, maybe try changing your aaa to 20 and bbb to 8.

Hope this helps and let me know how that works for you.