hi guys, i need expert advices and comments on the following EURUSD settings on Robominer Pro…
For past 60 months, the historical high and low is 1.6038 and 1.1640 respectively… which means total of 4398 pips.
If i set Robominer Pro to trade the pair at trade range 9 pips, which is a total of 489 instances (4398/9) with the center as 245, how safe will my account be if i start off with a $2000 USD balance and it is using 1:200 trading fixed lot at 0.01?
Will my account able to weather through and if not, how fast will the $2000 be wiped out?
does the formula (X times X+1)/2 apply? if it does apply, do i only calculate on the half of 489 instances which is 245 only as only one half can occur? Either buy or sell?