Now, new version of this EA is released.
The new version is even much better and safer than No Sleep EA the original one.
You can get FREE version of this EA if you googling for No Sleep EA-2023
Good luck to all ...
Hello ...
Settings and account capital and type could lead to bigger DD if not used properly.
Here are the factors and effect on results ...
Time Frame ... The higher time frame used lead to lower DD and lower profit.
PipStep ... The higher PipStep used lead to lower DD and lower profit...
Please refer to my first post where I wrote ...
"So, use your own settings that you feel comfortable with as I can't take settings responsibility."
It is really important to get used on the account and reach the best settings that matches your requirements.
Also, why you open a demo account...
Thanks Memnon for explanation ...
Please keep it as a rule, trading in December, specially the second half always having higher risk than other periods of the year.
So, always it is be safer to prevent trading that period of time or much lower your risk if you can't stop trading :)
The rule is that as much profit is big, in return you will get more DD.
More DD means higher risk ... So, it is better to withdraw profit from time to time.
About your trading plan, if your account is standard type, this is high risk !.
First of all, why you trade 2 pairs in the hardest time to trade in the year ?
I mentioned that you trade only one pair ... Right ?
Did you increase the time frame or stopped the EA once you noticed there is a clear trend?
What cautions you did ?
What settings you used ?
Saying just like that...
Always, best TF is H1 ... If market is tough, trendy or having big news, just change to the H4 or D1 if time to open next H4 is about to due ...
You just need to try it on demo and sore sure you will easily will feel the rhythm of your account and how it goes.
No. It is not a private withdrawal. It is local management inside the broker (XM) ... Don't worry about it ... Just changing the account from XM server to XM-Global server ... Same Balance/Equity are exist :)
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