I came across this expert and tested on a demo account and a small live account and it has performed beyond my expectations and relieved me of a lot of frustration. It has a lot of potential trading the major currency pairs. I welcome any comments.
If you load the ea onto a 30 minute chart and open the ea properties, you can see a list of variables that can be modified. In this version, I see max trades of 2 and use equity stop is set to false. It looks like the 1st variable in the properties is a money management feature and I think will protect the account from a severe loss when there is a change in market movement. I have 0.01 set in the ea properties and I've noticed it will increase lot size in a strong market move. When the market is ranging it doesn't compound the trades for that pair. I'm just a novice trader who has tried 100's of experts and trading systems and this one is ,by far, the best ever tried. I am able to be hands off and not baby sit my trades. Try it on a demo account for awhile and watch how it performs. I hope I've helped a little.
Thank you for your observation and enlightening me of the potential danger in using a martingale system of trading. It's always good to have input from veteran traders to guide us new traders and help steer us away from possible devastation.
I am new to the forum and thanks to whoever admins it. It is much appreciated. Can you please re upload the files for FX Pro 3 as it is coming up as files missing, invalid etc.
Thank you very much