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Results from wednesday started with roughly 850 down from 1060 using a different EA but bounced back. EA is using grid trading though but I did run EA through news trading and not much drawdown that I seen. More drawdown during asian trading session around 500 cents.
Is the position's drawdown really that high? -$171. If it's a grid trading strategy as you said, and the direction is wrong, the account will definitely be wiped out. Did the EA not have a stop-loss?
Is the position's drawdown really that high? -$171. If it's a grid trading strategy as you said, and the direction is wrong, the account will definitely be wiped out. Did the EA not have a stop-loss?
You can use EA as grid or only have one position open. Ea opens on each new candle on chart. So M1 more trades unless you set max 1 trade for grid. You can set max drawdown if you want to.