DislikedAnybody using the Forex Dynamite EA having any success with it. I have it attached to 12 pairs but it has not made any trades.I set it up on Sunday. I would really appreciate if some could help me out. I think it was kmr4uall that made the EA. Thanks.Ignored
BUT I can almost guarantee it will not be profitable, and we should focus on learning Manual.
For one, it is missing some components:
- does not evaluate long-term trend (e.g. D1).
- does not check for good separation on the 5,3,3.
- does not wait for market to move 5 pips beyond close of signal bar -- very important!
- does not avoid news times (lowering Spread limit might help).
- does not look at session/pair liquidity cycles.
- does not evaluate strength of retracement -- in case trend is reversing?
- uses a hard trailing stop, instead of Heiken Matrix.
- I might set ZigZag Length=5 instead of 12, but it would depend on market condition.
For two,
DislikedNo matter how advance the tech gets it can never surpass human ability to think. VIgnored
But maybe this changes soon