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Author Topic: FourLeafClover EA from FourLeafClover FX  (Read 64244 times)

Offline Hagerlo

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #180 on: April 08, 2019, 12:55:14 PM »
I contacted the support and thought their answer could be of benefit for others on the forum:

The 'floatingDDBasedExitValue' is specific to the pair to which the EA is attached.  This is the relevant snippet from the manual: "If drawdown based trade exits are enabled then should the floating drawdown of FourLeafClover trades on the current pair reach this level then FourLeafClover will close those trades."

Important to note that the parameter is specific to each pair traded, not the whole account.
Also, they recommended me to select mode3 with floatingDDBasedExitValue set to -13500 for my 20k account with 1:200 leverage.

Offline alaali

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #181 on: April 08, 2019, 03:23:26 PM »
I contacted the support and thought their answer could be of benefit for others on the forum:

The 'floatingDDBasedExitValue' is specific to the pair to which the EA is attached.  This is the relevant snippet from the manual: "If drawdown based trade exits are enabled then should the floating drawdown of FourLeafClover trades on the current pair reach this level then FourLeafClover will close those trades."

Important to note that the parameter is specific to each pair traded, not the whole account.
Also, they recommended me to select mode3 with floatingDDBasedExitValue set to -13500 for my 20k account with 1:200 leverage.

Thanks for the information.

Offline Ruairi OPleurisy

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #182 on: April 13, 2019, 11:00:11 AM »
The last couple of months have been sluggish for me (AUDCAD & USDCAD) but still profitable.  The markets have been in tighter ranges as Reiner noted in another thread.

It may be quieter just now, but the key for me is that this does not equate to losses, just a little less gains!  :D

Online Humble Trader's Fx

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #183 on: April 13, 2019, 12:03:43 PM »
The last couple of months have been sluggish for me (AUDCAD & USDCAD) but still profitable.  The markets have been in tighter ranges as Reiner noted in another thread.

It may be quieter just now, but the key for me is that this does not equate to losses, just a little less gains!  :D

I concur with you, Ruairi OPleurisy. Looking at my widget test on myfxbook, we can see a modest gain with a reasonable dd.  :)


Regards,
HumbleTrader
We humbly approach the Forex Market and take only what is earned through our hard work and intelligence.

Offline mikekitur

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #184 on: May 07, 2019, 04:55:57 AM »
Hi All,

Is it better to have Ecn account or just standard account for this Ea?

Any different in ROI?

Thought to buy this Ea, and not sure if i should register as ecn or not.

Thanks in advanxe

Offline Ruairi OPleurisy

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #185 on: May 07, 2019, 04:27:02 PM »
Hi, I don't think it matters much as this is not a scalper but do choose a broker that has decent spreads on the pairs you are going to trade (AUDCAD spread can vary and be a little higher on some brokers and this is one of the recommended pairs).  You should have no problem with USDCAD spread - the other recommended pair.

Here is a MyFxbook live spread comparison across brokers.  You can filter on pairs / brokers of interest.  I found it a great reference in ther past.  I also had a spread monitoring EA that I think I uploaded somewhere once - will see if I can find that.

Offline mikekitur

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #186 on: May 07, 2019, 04:37:41 PM »
Noted, Thx Mr Ruairi

Offline Ruairi OPleurisy

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #187 on: May 07, 2019, 04:44:47 PM »
I'm sure there was a Tools / Donwloads section here where I put this:
http://www.donnaforex.com/index.php?action=downloads;cat=2 but it seems to have gone  >:(

Have attached the spread monitor (spreadwatch EA) that I have used in the past.  You will need to attach it to demo accounts of brokers you are interested in and it will report on varying spreads for you and you can set specific timeframes of interest - quite nice actually.

Offline mikekitur

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Re: FourLeafClover EA from FourLeafClover FX
« Reply #188 on: May 10, 2019, 06:38:26 PM »
Thx Mr Ruari, I am using IC Market, hopefully the spread are ok :)

 

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