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Real constructive post... Nothing stopping you from creating your own EA. It's the strategy and method which has value, not necessarily the EA. If you can't see that then it's time for you to move along.

We want to avoid long trends without any retracements so the best instrument to start with would be EURGBP because it ranges up and down a lot. The next best would be EURCHF.

Download the new one here. url

When will this extended EA expire? Can you explain why there is an expiry date please?

Don't jump the gun. We haven't heard from PipbeastFX yet. See what he has to say about the expiry.

Be very careful on live accounts. No new orders will be placed and take profit levels won't be moved. If the EA is set to expire, the expiry date should be always printed to the screen to give traders time to plan their exit from trades. At the ...

Not good... Move to commercial section?

Instead of saying "my broker", can you guys please name the brokers for the benefit of other traders? I can tell you that IC markets AU has the best execution on a live account that I've ever experienced, and I've used a lot of brokers over the ...

What instrument were you trading and what settings were you using. What's the account balance?

$3.50 each side. $3.50 Open + $3.50 Close = $7.00

EURJPY. Look at the great range from November to mid December. Stop trading when the strength lines break out of their range.

I've been thinking about how to stay out of trending markets, and I think I've worked out a way. Have a look at the below chart. The indicator at the bottom is a currency strength indicator. Download it from here: url Each day, check the currency ...

My vote is for spike detection. When there is a spike, stop adding new trades. Or option to hedge when a spike is detected.

EURGBP Lots: 0.04 Exponent: 1.2 Maximum Lot: 0.5 Total Lots: 1.0 Take Profit: 4 pips Back test was from 2nd Jan - 25th Jan 2018

Encorep202 is right when he says that: The other reason the back test fails at completion, is that the strategy tester closes all open positions at the end. So you have a large floating loss which is closed when the data series finishes. This large ...

We really need a news spike filter. AUDCAD average 1 minute bar size is less than 10 pips high. News comes out and the price spikes. We don't want to add any new trades against the trend. It blows the account. For example: If 1 minute bar size > X ...

This is from my ICM live MT4 account. I don't trade Gold, but it looks like it should be about -$5.88 / 100oz image

It's just an observation regarding risk, but the problem with 3 initial sell trades is that if we set a lot size such as 0.04, we are immediately 0.12 lots deep. Then when it moves 3-5 pips away, it adds another 3 trades at 0.06, which totals 0.30 ...

Tonight it's been opening 3 x sell trades whenever the EA starts a new set...