Well, it's not going to work.
The mandatory magic number reset stops the process.
Onward..
The mandatory magic number reset stops the process.
Onward..
Martingale, Reverse Martingale, Modified Martingale, Maths 1 reply
Semi Martingale Strategy 113 replies
How to calculate forex position sizing / lot sizing 17 replies
Martingale EA - Alternative to FXTradepro 20 replies
SWING Trades using the FXTradepro "LUCKY 7" Progression Sequence 4 replies
QuoteDislikedthis EA was not designed to trade as an automated system and I always Trade with hibernate set to FALSE
QuoteDislikedremember that the EA has not really been tested in a HIBERNATE = FALSE mode as I do not Trade the Strategy that way
DislikedHi Dan. Let me jump on the bandwagon and thank you for your inordinate amount of time and effort to bring us this semi-automated/discretionary system. I’ve just finished going through 27 pages of posts. I’m a newbie to FX but have spent a lot of time with stock and Index trading (with varying degrees of successes and blow outs). I’m currently going through the Babypips.com lessons and have several books I’m devouring.
Do you (or anyone) have any suggestions on the best sites to open a demo account so that I can get my brain around the EA using the MT software? I saw someone was using IBFX. Do they offer a demo account? I’m currently at work and can’t access their site.
Again thanks!
TomIgnored
DislikedHi Tom,
I can recommend Alpari as MT4 broker. They have a never expiring demo account (you have to log in at least once in 90 days) and a very good data feed and reliable servers.
Regards - XaronIgnored
DislikedFXTradepro, you said in post #378
Then you said in post #400
I'm a little confused Do you trade with Hibernate on or off?Ignored
DislikedI'm using a simple strategy that's similar to FXtardepro strategy, i was using this strategy since nov/05 but i was doing mannualy , so goto thanks to Fxtradepro for sharing his ea with us, the strategy that i'm using it's simple i'm only entering on big news that have a range of 40+ pips on the first 30minuts after the news release, an setting the lots as martingale, ie. 1,2,4,8,16,32.. since i'm using this strategy the maximum number of trades that have to be opened was 6trades. It sims riskly but, i use about 0,5%of the margin as initial lot on a mini account so, the results it's like this:
Usually it take 3 trades do close on the tp so it like this that happens, te's take as example an mini aacount with 5K, so lets go to the example:
0.25 closed on sl -10pips -2,50USD
0.50 closed on sl -10pips -5,00USD
1.00 closed on sl -10pips -10USD
2.00 closed on tp +40pips +80USD
total = 62,50USD
it seems that isn't a great result, but 62,50USD it's more than 1% of the account balance. We have abou 4 great news at least on a month that have movs bigger than 40pips, so its abou 4trades that u would do one a month, so ussualy trqade on usdjpy and gbpusd cause of the spread and the range that it haves, i trade only in this 2 at the same time and no more pairs, to limit the risks of the trade, só if u make 4 trades on this 2 pair a month u will to about 8trades monthly and generaty a profit between 4 and 10% of your account balance, i'm ussing this stratey on my live account since nov/05 and that's the results that i'm habing with it, u can test on a demo account to as see by yourself hehehehe.Ignored
DislikedYes, I am aware. I even downloaded your full template, to try and get an idea of when a better time to start the initial entry would be.
I also, attached one of my home built systems (something I tried to discuss about a year or so ago on the forums), which gives me pretty solid entry times using 4 different moving averages. So, I will be using it on a seperate account to decide when to enter the trade, too.
Again, hope to see how it goes.
Adam AbrahamsonIgnored