Don, this is the best system I have ever used. I call this my (ATM) system, Automatic Teller Machine.
30 Minute EUR/CHF. I added a 5,13,2 Macd to the bottom.
30 Minute EUR/CHF. I added a 5,13,2 Macd to the bottom.
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DislikedDon, this is the best system I have ever used. I call this my (ATM) system, Automatic Teller Machine.
30 Minute EUR/CHF. I added a 5,13,2 Macd to the bottom.Ignored
DislikedWhat settings are you using? I have set up the ea on two different platforms and it keeps posting losing trades on one and the other it won't open any. Would you mind sharing?Ignored
DislikedOops, make that 13 winning trades in 6 hours with no losses.
Attached is my MT4 chart.
This is a very easy system to learn and use. Send me a PM if interested.
Many Pips!Ignored
DislikedThanks. Cannot find Don on the Members List. Suggestions under which login/avatar he goes?Ignored
DislikedSystem drawsdown and loses money, waste of time and money.Many saying they make money is just the sellers.Ignored
DislikedI'm not a seller and don't believe in EA's, and have never corresponded with Don up until the time I ordered. This EA was recommended to me so I bought it and started it on Sunday afternoon.
Yes, I went with no stoploss (demo acct.)
Yes, the drawdowns were huge and I wrote a pm to the person who recommended it saying basically "wth".
But, 14 hours later, almost every one of those trades is now closed at a profit. 8 wins in a row on 8 pairs is not bad for the first day, especially considering I haven't studied this system, didn't read the instructions and don't know what most of the EA settings even mean.
You really can't get any lazier than that, unless the EA had been totally free, which it almost is.
Will I use it on a real account? I doubt it. I don't like drawdowns, and, had I had a stop I could live with, many or most of those 8 would have hit it.
So how will I use it? Right now the plan is as follows:
1. Study and understand the HAS fully.
2. Let the EA continue to run on demo.
3. Study the trading system and fully understand it.
4. If it makes sense after the above steps, and if the crazy thing is still winning every trade, then what I will do is watch for a huge drawdown on a position, watch candlestick patterns for my entry, and take that trade in my real account, assuming that the EA will eventually get its 12 pips, and I'll catch that plus the amount of the drawdown.Ignored
DislikedI haven't kept track of all the max drawdowns, but a couple were over 100 at least once, others were 70 - 80 or thereabouts. When I wrote the aforementioned email, I had 5 open trades, total dd was 334 pips.
Also, I corrected my earlier post - there are 12 consecutive wins in the first 30 hours, T/P is at 12 pips. I need to really understand this whole thing, it's worth the time to look into it, and the EA is certainly worth 50 bucks.Ignored