I did not received my PointBreak EA

January 6, 2008

I have been waiting my PointBreak Expert Advisor and I can’t find any download link.

Answer:

You need to send me your Live account number, I will then code the PointBreak expert advisor lock to your live account.

If you are not ready to trade using Live Account, you can download the expert advisor for demo account: click here.

If you change your broker, you can email me later. I will code another for you.

Posted by gagahlin | Filed Under PointBreak FAQ 

How to stop PointBreak to open another Cycle ?

January 6, 2008

If you need to stop PoinBreak Expert Advisor to open another cycle:

  1. Open PointBreak Expert Advisor parameter:
  2. Set Enable_C1 to false
    Set Enable_C2 to false
    Set Enable_C3 to false
    Set Enable_C4 to false
    Set Enable_M1 to false

PointBreak EA still continue until the current cycle close with another profit then stop.

Posted by gagahlin | Filed Under PointBreak FAQ 

How PointBreak Calculate Lot-size ?

January 6, 2008

Standard Account:
For Very Conservative Setting: Every $10,000 PointBreak will open 1 micro lot-size.

For Modarate Setting: Every $5,000 PointBreak will open 1 micro lot-size.

Note:1 micro lot-size = 0.01 standard lot-size.

Mini Account:
Very Conservative Setting: Every $1,000 ointBreak will open 1 nano lot-size.

Moderate Setting: Every $500 PointBreak will open 1 nano lot-size.

Note:1 nano lot-size (mini micro) = 0.001 standard lot-size.

Some broker do not allow open mini account, only standard account. Others broker do not allow you to open micro lot-size.

You need to check your broker.

Posted by gagahlin | Filed Under PointBreak FAQ 

How much minimum deposit to run PointBreak EA ?

January 6, 2008

The most important things to run PointBreak EA is the reservation of your capital.

The EA has a Risk Setting to protect you from overtrading.

And I always recommend to start PointBreak EA using demo account for 1-2 months. If you want to use Live account, start using Very Conservative Risk Setting first.

The Minimum requirement for Standard Account:
1. Very Conservative Setting: $10,000.
2. Moderate Setting: $5,000.

For Mini Account:
1. Very Conservative & Moderate Setting: $1000.

After you get around 20% profit in Equity, you can move to higher risk.

Posted by gagahlin | Filed Under PointBreak FAQ 

My PointBreak demo is not trading at all.

January 6, 2008

My PointBreak demo is not trading at all. Moreover, it gives me the message that there are not enough funds in the account to trade with the selected risk level.

Answer:

Some brokers like FXDD do not allow open micro lot-size on their Demo account, only on their Live account. Try open demo account bigger, example: $100,000. PointBreak EA should work.

Don’t worry this requirement only for their demo account only, not their Live account.
But most of MT4 broker will allow you to open micro lot-size at their Live account.

Unless your broker do not allow you to open a micro lot-size in their Live account and you do not want to start using PointBreak EA using $100,000, you need to find another MT4 broker to run PointBreak Expert Advisor.

Posted by gagahlin | Filed Under PointBreak FAQ