Never Ever Give Up!
Let It Be Known, Resistance Against Price Normalization 5 replies
BELLA SYSTEM. Let's try it, let's improve it! 118 replies
Let's discuss the price action when big players enter or exit the markets! 0 replies
"let's go where the price goes" simple ea request - please 0 replies
Can anybody have ideas why price goes down very quickly in that two days! 13 replies
Dislikedkiscan, pl help me understand the system again
1. lets say you start EA and buy at 1.35 with sl 30 pips, place buy stop order at 1.3530 with 30 sl and sell stop order at 1.3470 with 30 sl.
2, now price goes to 1.3530, move prev trade to BE. close all open orders. place again a buy stop order at 1.3560 with 30 sl and sell stop order at 1.35 with 30 sl
3. repeat step 2 for every 30 pips move in any direction
4. in brief at any stage we will have only 1 buy stop order at 30 pips above the current price and 1 sell stop order at 30 pips below...Ignored
DislikedHuge drawdowns no matter how nice the EA will wipe you out within 1-3 months. I would suggest trying to learn to trade price action in conjunction with money management. I don't recommend a website or want to make money off of any one of you folks, but one thing I have learned in my 10 plus years of trading is that EA's do not work consistently....ever!!Ignored
DislikedHuge drawdowns no matter how nice the EA will wipe you out within 1-3 months. I would suggest trying to learn to trade price action in conjunction with money management. I don't recommend a website or want to make money off of any one of you folks, but one thing I have learned in my 10 plus years of trading is that EA's do not work consistently....ever!!Ignored
DislikedNow THIS is wisdom! EA's will NEVER make money, no matter how good the system or method. An EA will ALWAYS kill the party.
This system should only be tested manually, find out if it can be profitable if traded manually, without dumb robots, and then see how it goes for you.
I can't tell you how many good systems that EAs have ruined, this one here might be included.Ignored
DislikedI think this system is best traded with an ea which executes the orders.
And manually exiting when desired % of profit or number of pips is reached.
Pipseeker and pipchaser, which ea did you use ? Speedtrain ?Ignored
DislikedNow THIS is wisdom! EA's will NEVER make money, no matter how good the system or method. An EA will ALWAYS kill the party.
This system should only be tested manually, find out if it can be profitable if traded manually, without dumb robots, and then see how it goes for you.
I can't tell you how many good systems that EAs have ruined, this one here might be included.Ignored
Dislikedhi, dreamliner.
this EA for itselves, isnīt a trading system.
if you read the entire thread, i recomend this EA for put and manage the orders and for possible exits.
i donīt recomend this for use it alone.
use it whit your own method of trading, if you lose whit your trading sistem you lose whit this EA, but if you win whit your system whit this EA, you can multiply your benefits.
this is symple.
backtest for this EA are only to see how it works.
in this week in the EU whit a downtrend of 400 pips (backtest)
the golden 3 EA double...Ignored
DislikedThanks for the clarification. Yes some EAs work when it trends. The creators of those EAs then advertise that EA all over the Internet, showing that during a 400 pip downtrend the EA tripled the account...."
Ignored
DislikedDoubt that, it's likely others viewing the site and taking and repackaging and selling on their own and sometimes the don't even repackage it....Ignored
Dislikedyour mpas isn't profitable, you just delay the result by playing the 'blame it on the ea' game and try to force ppl to trade it manually.
At least choose a system that isn't so totally non-discretionary if you are going to hide behind the ea is at fault game next timeIgnored