EA Pros X5 a lost strategy
After using EA Pros X5 for 3 weeks I'm in a such situation: I won +$273.93, which looks pretty good. But the open orders continuously goes down with my revenue. For example at that time when I gained around +$100 the open orders were at -$160. Now at +$273.93 the open orders are -$560. The worse part they are continuously increase. I don't know what to do. I feel like in a week or two my account will bankrupt. This app won't make you money.
Update after one week:
Continuing my last message. After one week as I supposed I lost all my capital. Verified, the open orders drains your capital much faster then your gained capital. I would advise nobody to use this EA. This guy from EA Pros is deceiving you with history graph of winnings. I saw somewhere in a comment advising to activate `UseEquityStop` and `TotalEquityRisk`. I did it, and these parameters start drain my capital much faster then before. For example if you have TotalEquityRisk = 40, when your open orders will reach -40%, around 50% stupidly will be closed at the maximum loss. There are no strategies to protect your capital. I saw lock orders are made in a percentage of 0.01 to 0.10 of loosing orders. So imagine when you have one open order with -$500 this EA locks it with an order of a approximate gain $2.
