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
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But maybe this changes soon
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