another 100 pips today..

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DislikedIs anyone using the EA and showing profit? Seems as though the EA is placing orders, but not executing the trades. Maybe I have it set up wrong.
TIA.
CarolIgnored
DislikedNicotina, Billbss, and rest of great mates of this thread. As I promised I am working on the backtest of this system, I will post it as soon as possible. One of the member mentioned that we should consider the year of 2005 and 2006 to make sure that the system will work well in the future. I can say that 2005 had a very tough market due to many ranging days. There was some losing months there, The 100 TP was very hard to be achieved through many trades, the 50 TP target was much better to score. Dont want make you guys exicited so much, I will get it done as soon as possible, u make the judgement
My point is to professional traders to provide much more effective money managment to make this system much more powerful, what I mean is that some days the profit is very high and some others is less that the usual daily taget. The question is how to run and manage this system to make it more efficient by maximizing the profit & minimizing loses just like any other business (THIS HAS NOTHING TO DO WITH GREED!!). Would love to hear thoughts and ideas of course after the permissin of Mr. Nicotina
Good luck every one,
bkIgnored
DislikedHi all..
Great system, thanks to Nicotina and others. A few EAs posted in this thread, can you suggest me one EA with the setting. Thanks a lot..Ignored
DislikedHi Folks, I downloaded and installed the EA, the problem is I can not get it to show up on my Metatrader Navigator section where the EA's are displayed. I think the problem has something to do with the fact that it is a mq4 file, the ex4 files seem to show up and work no problem.
Is there an ex4 version, or is there anyway to get the mq4 version up and running.
Thanks
Wonder
Ignored
DislikedI think you're wasting your time with the EA.
I tried it a couple of nights.
The first night, it appeared to open the orders at the appropriate times, but it opened them 9 or 10 pips above the trigger.
The next night it didn't open anything.Ignored
DislikedHi Bllbss,
I have a question for you.
If we say buy stop with 50 SL and try twice and sell stop with 50 SL and try twice, this technicall means all 4 can trigger and fail.
Does it mean our risk ration is 200 pips to 100 pips?
I am not counting both triggering and completing 100pips bothways, of cousre.
Thanks much
TradeSTarIgnored
DislikedYou only let yourself get stopped out twice. It doesn't matter whether they are longs or shorts or both.
The most you can lose in a day is 100 pips.Ignored
DislikedOh you mean If I get stopped out twice on the long side, I also close the short side sell stop as well, even though it is not yet triggered and move on to the next day?
ThanksIgnored