I've been checking out this Firebird EA, even though I don't use EAs, I heard some people have had a lot of success this way. I also heard some people blew up their accounts this way. Then I had a thought...
It is supposedly over 90% accurate if you let all the trades play out. It has a negative "float". That's what I call negative net asset value. Why not make the negative float into profit? Every time this thing gives a sell signal, buy! Every time it gives a buy signal, sell! I'm talking like run it on a demo and use it as an indicator to manually execute the exact opposite. Then use the exact opposite s/l and t/p, and when it starts "floating", take all the profits! I'm going to try this out in a sub account with like $100, I'll keep you all posted...
It is supposedly over 90% accurate if you let all the trades play out. It has a negative "float". That's what I call negative net asset value. Why not make the negative float into profit? Every time this thing gives a sell signal, buy! Every time it gives a buy signal, sell! I'm talking like run it on a demo and use it as an indicator to manually execute the exact opposite. Then use the exact opposite s/l and t/p, and when it starts "floating", take all the profits! I'm going to try this out in a sub account with like $100, I'll keep you all posted...
"The time to act is when others show signs of tire." --W.D. Gann