Okay,

I stopped the Z12 demo and manually closed all the trades at FXCM. I downloaded the newest Zorro update. I set the ini settings to:

NFA=1
FXOnly=1
Phantom=0
MMax=100
Weekend=2
Verbose=2
Comma=0
Mute=0
Broker Patch=3

I set the Mode slider to 2 and pressed Trade.

Did I do everything correctly? (I think so, except not certain about "Phantom" setting)

Also, the "hedge=4" I referred to is covered by the Mode slider being set to 2, is that correct?

thanks,

I think its enough to set NFA=1. The mode setting is only for reducing market exposure and needing less capital.

Hmm?

jcl, it's demo money, so capital isn't an issue. What settings will be most profitable, or is there any difference since I set NFA=1 ?

( also would you clarify for me how my Zorro non-S version utilizes with the $50,000 demo account. I've always been unsure about how that works. Does Zorro just act as if I have $7,000 in the account?)

thanks,

It hasn't begun trading yet. Sundance, did it take a while for yours to begin?

I can't remember it that exactly but it took 1-3 days for the first trade.

The settings look ok for Z5. Mode 1 earns the most money, mode 2 has the least exposure and mode 3 the least risk. All modes work with or without NFA.

Since two weeks the EUR/CHF makes only minimal moves. Z5 does not enter trades in this situation, as it bears the danger of a fast breakout and a high drawdown. It will resume trading when the EUR/CHF curve is back to normal again.

Thanks for the explanation. I'll set it to mode 1. I'm glad to get the chance to try Z5.

Yeah jcl at the moment Z5 isn't very exciting to look at. *gähn*