Updates on testing FXCOREGOLD V9 EA:
Not bad at the moment. Daily profit 1.51% with a drawdown 19.67%. Will need to wait much longer (a few more weeks or more) in order to see what the real result would be roughly like.
Settings:
Account: FBS Cent account
Deposit: $10 (It is shown as $1000 in cent account but actually it's only 1000 cents in value)
Leverage: 1:1000
Time Frame: H1
Currency Pair: XAUUSD
Settings:
Use Preset "1K(0.1%FixStartLotMax13)".
Below is is a screenshot of my latest test result. On top of that, I have also attached my own preset file just in case if anyone is interested, do feel free to try it on your own or even modify or change any of the parameter settings as you wish to at your own risks. I think there is no such thing as a "perfect" setting. I guess everyone would just need to find settings that work well for yourself and also able to keep you safe in the long run.
Furthermore, as according to my own opinion, I think the minimum balance required to trade safer with this EA is $1000 with standard account or you could also use $10 with a cent account. Any balance lower then that would surely put yourself in greater risks and honestly I don't think that anyone would survive in the long run. For your info also that not every broker offer cent accounts. Therefore please do check with your broker on this matter. If they don't have any cent accounts to offer you, then I guess you have only two options as follow:
1. Switch your broker and choose another broker that do offer cent accounts.
2. You would have no choice but to use this EA with $1000 or more for your own better safety.
Second thing to be safer is try to use a large leverage as much as possible. Again not every broker would offer large leverages for trading so please check with your broker on what leverage sizes they have to offer. The larger your leverage is, the safer you would be with a possibly lower drawdown percentage achieved.
Okay I think that's all for my sharing about testing this EA (FXCOREGOLD V9). Wish everyone the very best in your trading journey. Take care and God bless
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