What's new

Recent content by mjkidd27

  1. mjkidd27

    Explaining How Risk % is Calculated

    Ok, that was my understanding too. And for the most part, the bot has been opening trades with what would appear to be a 1% position. However, lately it has seen a significant jump in position size which does not correlate to a 1% position size based on balance. My balance is currently at...
  2. mjkidd27

    My Personal Back Testing Results for GBPUSD M30

    Do you need me to send screenshots?
  3. mjkidd27

    Explaining How Risk % is Calculated

    Yes, I understand the Lot Size needs to be set to zero, and it has been. I'm not looking to limit trades, just trying to understand the calculation it uses to determine lot size when Risk% is used. Like I said, I have a 1% set but my equity was around $18,000...so why it was taking on a lot size...
  4. mjkidd27

    Explaining How Risk % is Calculated

    @Chris are you able to explain why the bot when set to 1% risk% would be trading a .56 lot size on an account that holds a balance of $26,000 and equity of $18,000? It doesn't seem to me to be calculating the lot size correctly based on 1% of risk.
  5. mjkidd27

    My Personal Back Testing Results for GBPUSD M30

    @David @Vinz @Chris Is there any reason why Admin is not reviewing and approving my posts in this thread? I have 5 posts starting back on 2/29, 3/6, and 2 posts on 3/26 that have not been approved. If there is a reason why that I should know about, please let me know. Would you please go back...
  6. mjkidd27

    My Personal Back Testing Results for GBPUSD M30

    Here is a screenshot showing one of them...
  7. mjkidd27

    Profitable Settings and Backtesting?

    Try OX Securities...I'm liking them! You can hedge and no FIFO rules for US based traders!
  8. mjkidd27

    Best Back Tester for US Accounts

    I've heard from @Vinz that they are in full test mode right now and are targeting to release V2 this quarter. I haven't heard about any of the new improvements or features either, just that it's coming soon!
  9. mjkidd27

    Explaining How Risk % is Calculated

    @Chris Thank you for the reply. A few follow up Q's...1) Is it calculating based on balance or equity? It appears to use equity. 2) Does the bot take into account the current Margin Level %? In other words, if the margin level is low and therefore the account is stressed out (ex. say around...
  10. mjkidd27

    Understanding the algorithms behind Galileo FX trading bot

    @Vinz I tagged you in a couple of the posts that have been waiting for a long time to be reviewed. I had tagged David but have never heard anything back. Ty for looking into this.
  11. mjkidd27

    Understanding the algorithms behind Galileo FX trading bot

    Hey @Vinz I have been trying to get a hold of David to review several posts of mine and they still remain under review for weeks on end. They are simply tracking the great results I've been seeing and sharing my thoughts and recommendations with the forum; I'm not sure why they would not be...
  12. mjkidd27

    Explaining How Risk % is Calculated

    @David can you explain the details of how Risk % is calculated and if the bot will limit entering new trades as Margin Level % begins to get stressed at <200%?
  13. mjkidd27

    Best Back Tester for US Accounts

    Nice @VietTraderX !! I'm a fan of OX Securities and have had no issues with them!
Back
Top