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Forex Forum → Forex Strategies → small account suggestions about generator, monte carlo, etc.

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Posts: 5

Topic: small account suggestions about generator, monte carlo, etc.

Hello, I am testing FSB and I am trying to make it work with a small account (2000 usd)

I am trying to generate some strategies on several pairs (one EA for all forex majors), the initial account for each EA is

500USD

Cannot generate profitable EA to send to work on a meta trader account, If I try to set Stop Loss to 20 pips, the generator takes forever to find nothing...

Is there any suggestion of how to set the generator parameters for this scenario?

Thanks in advance.

divarak

Re: small account suggestions about generator, monte carlo, etc.

The Generator is able to find strategies for such an account. Please try to reset the  Generator setting and the Acceptance criteria. Be sure you have at least 20000 data bars also. Try first without SL and TP. If it works, you can try with different SL ranges.

Please note that FSB Pro uses SL and TP in points. It means that most probably you have to set SL = 200 points to have 20 pips.

Re: small account suggestions about generator, monte carlo, etc.

a suggestion may also be to use minimum lot size

I have used 300 account size to start with for many years.

once I get some results that look good, I start to make adjustments.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

4 (edited by GD 2020-04-01 10:08:53)

Re: small account suggestions about generator, monte carlo, etc.

Popov once had a good idea to minimize risk if using portfolio e.a.
How i.e. to trade Long if Long exists by a previous trade etc.

In any case FSB pro and EA studio are good tools to go in the game.
Then you can improve the use of EAs by using your ability and experience.
There so many ways to have a portfolio and protection ideas.
You just need EA which at most possible they can win.

Of course other traders have other approaches...
I have both tools but I like more FSB pro. Others prefer Studio EA.

Re: small account suggestions about generator, monte carlo, etc.

GD wrote:

to trade Long if Long exists by a previous trade

Could you please elaborate in terms of "translate" this to FSB?

I couldn't find some reference about what you write on the forum sad

Thanks in advance.

Posts: 5

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