About Jitterbug EA, I got email from someone, ask me why do i use LITE FOREX for live account.
Jitterbug EA is martingale EA. Every martingale EA need high margin and high leverage and need broker that can open smallest lot.
Jitterbug EA is kind of locked profit EA. For Example:
Jitterbug EA open Buy EUR/USD on 1.5600 and price up 15 pips. Jitterbug EA open sell on 1.5615. So 15 pips profit is locked.
Example for margin consumed when locking.
When Open Buy consume 1x margin. Then Open Sell don't need any margin. So in locking only consume 1x margin.
FXDD
1. Minimal lot size is 0,01, The price movement is $0,1 (10 cent) per pips.
2. 1:200 Leverage.
3. Locking consume 0x (zero) margin.
This is the best broker if u like locking without martingale.
IBFX mini account
Deposit $1000 appear $1000.
1. Minimal lot size 0,01 lot, The price movement is $0,01 (1 cent) per pips.
2. 1:400 Leverage.
3. Locking consume 1x margin.
Lite Forex cent account.
Deposit $1000 appear 100.000 cent.
1. Minimal lot size is 0,1 lot, The price movement is $0,01 (1 cent) per pips.
2. 1:500 Leverage.
3. Locking consume 0.5x (half) margin.
So because of this criteria, I choose Lite Forex.
But disadvantage of Lite Forex : I experience 2 times server down since April.
Although Lite Forex payback the loss caused by the downtime, but it really make me mad. Fortunately, Jitterbug EA is not effected
If after up, the price is in Jitterbug direction, it's profit.
If after up, the price is contra Jitterbug direction, and maybe 50-100 pips. Jitterbug EA will open next level of martingale.
My balance is up since last week, but I close all profit position because of Non Farm Payroll news today.
This is my live statement graphic using Jitterbug EA since April.
You can download my live statement dated 3 July 2008
Thursday, July 3, 2008
Best Broker for Jitterbug EA
Labels: Jitterbug EA
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2 comments:
Where can i download this EA
Hi anonymous, I already post it in the comment area in previous Jitterbug post.
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