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Skandar
11-29-2008, 09:46 AM
Hello!
I'm new to this forum so I thought I might say hi!

I've been going over alot of different settings for FAP and I'm currently running Earl's setup for back-testing... However.. Everytime (and this is for other settings as well) the back-test is finished I always endup with "close at stop" and a huge loss.. Is this normal?

I started to back-test with $429 as this is my current amount in my live account.. I wanted to see how it would perform.. It went very good, I came up to $1617 but as I said, at the close at stop it went -1496.94

My settings are:
Lots 0
LRR 10
Max orders 1
MaxLots 1
aaa 20
bbb 8
TP 20
SL 0
Trailingstop 0
Spangator 0.9
SlipPage 3
rest is deafult

mystikdragon7
11-29-2008, 09:12 PM
It seems something is wrong with your LLR, MO, and ML. Looks like you're actually only trading one lot at a time at 1.0. 1.0 lots will kill your account with a balance so low like that. Are you using a micro or mini account? Also, having a LLR set at ten and only having a ML of 1 is kinda defeating the purpose. Try bring the ML up to at least 5 if you are only going to trade one trade at a time.

Skandar
11-30-2008, 04:34 PM
You think theese settings are good for a low balance account like mine? Currently I'm at $429

mystikdragon7
11-30-2008, 10:27 PM
Try back testing with a lower LLR and maybe play around with your ML and see what you get.

Lorenco
12-02-2008, 02:26 AM
Try lower LLR before your profits disspear ,remember the first rule - dont be greedy