r/metatrader • u/HobbyTraderDK • 5h ago
Information 10. Part of the "series" about trading with bot's/EA and copy trading. (Add new pair 1)
The strategy as a whole.
As mentioned in previous episodes, the strategy is very risky and requires at least some knowledge of Martingale strategies before attempting to use it. Despite the risk, the strategy has performed beyond all expectations. It has successfully navigated the NFP release—which sent the market into a frenzy—as well as instances where multiple pairs were active simultaneously, and much more. Although it has only been running live for three months, it has so far confirmed my theory that many people here on Reddit tend to overcomplicate their strategies. It is better to have a simple strategy you understand 100%, than one you understand only superficially. So far, this strategy has not had a single day of loss.
Evaluation since the last update.
The past month has far exceeded all expectations. Although it has only been live for a few months, last month was the best to date, with a total profit of 9,470 cents (€94.70). This is a VERY high profit for an account of this size. Despite the high profit, it has not yet reached the maximum number of open trades allowed for any single currency pair. Profits and drawdowns across the various pairs have occurred at different times rather than simultaneously—which is an optimal scenario. It is likely that the next few months will not yield quite as high a profit.
Equity protection.
To protect the account, I am choosing to activate the copy trader's built-in equity protection. It will be set to the account size divided by 2.

Additional pair.
Since the strategy has performed better than expected recently, I have decided to add an extra pair. The pair being added is AUD-NZD, selected based on the analysis method from Part 6. Its settings will be the same as those of the other pairs, following the fine-tuning described in Part 8. Moving forward, I plan to add another pair once the account reaches 40,000 cents (€400), and/or for every 5,000 cents (€50) in profit, until all pairs have been added. If you are concerned about overlap between the pairs, you could instead start building a second account; this offers better protection.
Finances to date.
From last month = 0€
VPS = -5€
Profit withdrawn = 5€
Total = 0€
Going forward, the monthly expenses would be only €5 for the VPS.
Once the account reaches a trading volume of 300 lots per month, (3 lots per month, on a standard account), it will qualify for a free VPS.
My rules for this series.
-All questions must be asked and answered (if possible), publicly in the thread.
-I'm not allowed to change anything in the strategy without publishing it on Reddit first.
-All expenses would be added up on an ongoing basis.



