ForexRobotTrader by Steinitz (Metatrader Expert Advisor) | HAS MTF EA v2.2 – Friday, August 10 I had to close positions because I was getting close to a margin call. I close 3 loosing positions – USDJPY for $99.98, GBPJPY for $217.84 and NZDUSD for $132.40. I wanted to stay true to the EA but I needed to pull the trigger and kill some trades, at the time my equity was down around $200 (about 85% DD). By closing the positions I hope to live another day and keep testing the EA with it’s new and upcoming features. No, I’m not happy about this but it had to be done. While closing my trades I turned off the EA for the following pairs: GBPJPY | GBPCHF| USDJPY and plan to turn off some more if the equity comes back a little. After such a shattering day our equity did climb, okay crawled back to $362

As always keep checking my LIVE statement this is being updated every 5 minutes at: http://minnelli.com/forex/mystatement1.htm

Closed Trades:
Today: 3 for -$430.58
Week: 5 for -$410.51 – had to close 3 trades due to margin getting very very tight.

Open Trades:
13 Trades Open for -970.19 Yesterday was -$587.22

Summary:
Balance: $950.99 – old balance was $1381.57
Equity: $362.37 (74% Drawdown from high of $1381)

Weekly Summary
Date From – To = End Equity/Start Equity(Pct) | Trades Balance +/- Profit
*June 25 – June 29 = $1006.33/1000 (.6%) | 21 Trades -16 win 5 loss closed all trades in Ver 1.1
July 1 – 6 = $1054.69 /1006.33 (4.8%) | 17 Trades $1074.93 +68.60
July 8 – 13 = $1127.33/1054.69 (6.8%) | 16 Trades $1178.64 +103.71
July 15 – 20 = $1198.69/1127.33 (6.3%) | 19 Trades $1284.43 +105.79
July 22 – 28 = $493.00/1198.69 (-58.8%) | 10 Trades $1341.00 +56.57
July 30 – Aug 3 = $604.75/493.00 (+22.6%) | 3 Trades $1361.50 +20.50
Aug 5 – 10 = $362.37/604.75 (-40.0%) | 5 Trades $950.99 – 410.51
*starting balance on June 25 was $1000

Settings: Default Settings TF 1/6 | Lots=.02 and .03 on low risk | MM=false | Mini=false | Micro=true
12 pairs: AUDCAD | AUDNZD | AUDUSD | CHFJPY | EURCHF | EURGBP | EURJPY | EURUSD | GBPUSD | NZDUSD | USDCAD | USDCHF
.03 lots: AUDUSD | EURCHF | EURGBP | EURUSD | USDCHF
Removed on Aug 10 – GBPJPY | GBPCHF| USDJPY

http://www.forex-tsd.com/steinitz-method-scalping-method-ea.html