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Download TPC Bot MT5 v3.2

it is just a grid system with an overall risk of 220 bucks per 0.01 lot (on 1K account). Nicely done and runs fine so far.
But if you lift the riks for example 0.02 lot per 1K account you will loose 440$.... If you check the above myfxbook link, this account was around 5k with a lotsize of 0.3, means 30 times 220 bucks!!!
So if the accounts runs into this stop, the setup he choose, is too much overtraded. During the night of the 2th, it was nearly at this point, this is why he withdraw his money.
Everyone can choose for himself if he like high risk ea's, also if the run smooth for a year, but the day will come and blow your account.

Just my perspective, wish you all a good weekend (y)
 
Ischbida said:
it is just a grid system with an overall risk of 220 bucks per 0.01 lot (on 1K account). Nicely done and runs fine so far.
But if you lift the riks for example 0.02 lot per 1K account you will loose 440$.... If you check the above myfxbook link, this account was around 5k with a lotsize of 0.3, means 30 times 220 bucks!!!
So if the accounts runs into this stop, the setup he choose, is too much overtraded. During the night of the 2th, it was nearly at this point, this is why he withdraw his money.
Everyone can choose for himself if he like high risk ea's, also if the run smooth for a year, but the day will come and blow your account.

Just my perspective, wish you all a good weekend (y)
Click to expand...
Could you please check this link

https://href.li/?https://www.myfxbook.com/members/ATCSoftware/tpc-bot-rh/11484695

Is it looking good or risky?
 
kranthikumar.fx said:
Could you please check this link

https://href.li/?https://www.myfxbook.com/members/ATCSoftware/tpc-bot-rh/11484695

Is it looking good or risky?
Click to expand...
this was the link i checked, it is simpple to calculate, if you have an account with 1K, use lotsize of 0.01 you will risk 220 bucks worst case. On this myfxb account was something below 5k assets. This means if you let it run with 0.05 lot on 5k, you will risk 1100bucks. He is letting the bot run with 0.3 lot on 5k. 6 times higher than it should be!!! So calculate by yourself, 30 x 220bucks! will be 6600bucks.

It's a good bot, but you have to follow the plan and not overtrade.
 
Ischbida said:
this was the link i checked, it is simpple to calculate, if you have an account with 1K, use lotsize of 0.01 you will risk 220 bucks worst case. On this myfxb account was something below 5k assets. This means if you let it run with 0.05 lot on 5k, you will risk 1100bucks. He is letting the bot run with 0.3 lot on 5k. 6 times higher than it should be!!! So calculate by yourself, 30 x 220bucks! will be 6600bucks.

It's a good bot, but you have to follow the plan and not overtrade.
Click to expand...
Thankyou. Do you have any good EA?
 
Ischbida said:
this was the link i checked, it is simpple to calculate, if you have an account with 1K, use lotsize of 0.01 you will risk 220 bucks worst case. On this myfxb account was something below 5k assets. This means if you let it run with 0.05 lot on 5k, you will risk 1100bucks. He is letting the bot run with 0.3 lot on 5k. 6 times higher than it should be!!! So calculate by yourself, 30 x 220bucks! will be 6600bucks.

It's a good bot, but you have to follow the plan and not overtrade.
Click to expand...
I dont think it loses 220 bucks with 0.01 dollar chek myfxbook link maximum drawdown 5%
 
V 3.2

I can't answer the other questions at the moment, I've only been asking them for a week. I'm looking for someone who can perform a backtest on MT5.
 
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