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- 24 Results (23 Replies , 1 Comment )
- davegan replied May 23, 2017
Short entry after a long (too long probably) red candle. Facing an unexpected "hidden" support around 124.60. Zooming out the 1min TF, you can see the reversal point. Breakeven exit
- davegan replied May 22, 2017
Very few pips for a quick trade. Bearish trend, with dragon and MM200 showing a good slope, retrace to the dragon and after a red candle with volume I took a short trade. Target the Daily pivot
- davegan commented Mar 3, 2015
The news are important only because they increase volatility, but not suitable to forecast the direction of the market.
- davegan replied Feb 23, 2015
Hi guys, here's my statement on MGT1.1, only EU, 0.01 size, demo account. I was looking for very conservative settings (10,6,0.01,1.2,1.0,true,true,10): the reward is a very low DD, a nice equity curve and good profits. image It starts from 6, ...
- davegan replied Feb 3, 2015
Be careful, "step" is the (minimum) distance in pips for the EA to open a new position. The number of trades open has no limit (your account is the limit, of course...). You can manually adjust the value setting "auto step" to false, otherwise you ...
- davegan replied Jan 27, 2015
I don't really think that trading such a size with a 500$ account means "minimize risk". But, if you are so kind to explane your view, I'd be very glad to learn something new (rhyme! )
- davegan replied Jan 27, 2015
Oui, Aldo, certainement. Je l'ai installé sur un VPS
- davegan replied Jan 24, 2015
Agree. We also must evaluate the right value of Multilot factor trend change: 1.2 (same) or more? And it's obviously crucial to stop the EA before important news: a news can create a strong trend and this is an undesirable event when we trade a grid ...
- davegan replied Jan 20, 2015
Same message on my VPS. But it seems that all is working properly
- davegan replied Jan 20, 2015
I find the new version 1.1 very interesting. The autostep feature is very useful: I used to set a too small level of step, increasing the level of risk. The EA is running in six pairs on VPS with good risults. Let's see what happens this week, full ...
- davegan replied Jan 16, 2015
I have a small account with Alpari. No losses from the rise of the swiss franc but this broker has closed all my open position. Client's money are in a segregated account so I think there will be no problems when I'll decide to withdraw. But this ...
- davegan replied Jan 12, 2015
In my opinion this is the problem with the new version. It's far better to have the opportunity not to use the community trend feature: the trader could trust more on himself personal analisys. So in the 1.1 version is not possible to trade every ...
- davegan replied Jan 11, 2015
Sekhbet, you are testing with classic low quality data that we can found on every broker. You tested three months with 124.644 bars and 4.896.970 ticks. My data (one month test, May 2014) have 1.074.413 bars and 34.616.699 ticks. Big problem here if ...
- davegan replied Jan 10, 2015
Be careful. I downloaded your pdf and I realize that the quality of your data is unacceptably low. This is the risults of your test image And here a sample of one of my test with dukascopy data (every tick) image You can't rely on test based on ...
- davegan replied Jan 10, 2015
A question: do you decide to go long (or short) or let the EA to make the decision? I have no backtested yet, I must say. With these systems is crucial trading according to the main trend. It's sooooo important. So without community trend detection ...
- davegan replied Jan 9, 2015
Yes, you are right, but this is not my favorite way to deal with a martingale EA. A psicological bug in my mind: I'm not confortable with the wipe of an account even if I have planned it.
- davegan replied Jan 9, 2015
Exactly, manual intervention. In my little experience if you let go a martingale system without manual inervention, if necessary, you can say adieu to your account, sooner or later When I have huge drawdown, or when I prefer to close all position ...
- davegan replied Jan 7, 2015
Yes, thank you Erebus, I knew this script, but, you will agree with me, if this feature was built within the EA, it would be a good thing
- davegan replied Jan 7, 2015
Dear GoogleTrader, a very useful feature in a new EA version, could be the possibility to close all open position with one click. Thank you very much
- davegan replied Jan 6, 2015
We all know that the trend and its strength are extremely important to choose the right pair to trade:so why not use the relative strength of currencies. Right now the (hourly) strongest currency is the USD and the weakest is AUD. So the best pair ...