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Pivot Trading EA

  • #1,541
  • Apr 7, 2019 2:47am Apr 7, 2019 2:47am
Quoting forexn00b81
I would be willing to bet your pivot dist is too tight, try 15 or even 20 pips, psar current
I'm not getting any trades either. I thought it might e been the pivot distance but had it at 15 then 20. Thought it might have been no trade at 38 but sure some hit 68. I'm going to reset today for next week but if someone can post a copy of there settings that's working please do. Cheers
  • #1,542
  • Apr 7, 2019 4:23am Apr 7, 2019 4:23am
Quoting hemantpremi
hello there i am new in this thread.. can anybody help me to learn this manually? can anybody tag me where this thread is explained what to do manually.. and also indicator..
Hi.

You need to understand how EA works ...
EA settings
https://www.forexfactory.com/showthread.php?t=773563
https://www.ralgo-ea.com/0-8-explanation/

Master All made for people
You're the only author of everything that's happening to You !
  • #1,543
  • Edited 1:33pm Apr 7, 2019 4:33am | Edited 1:33pm
Quoting forexn00b81
Look up Davits pivots but don't post on his thread if you're new lol
Our EA and Davit's methodology has somewhat diverged,

Eg.
- Davit no longer uses TDI, but our EA still does (and it's still profitable)
- Davit's entries are based on Price Action, we will consider looking into that.
- Davit studies the weekly economic calendar and news releases, our EA does not.
- Our EA has incorporated sophisticated MM techniques, and highly configurable to suit different traders' styles.
- Since it's an EA, it is tireless and can work on more currency pairs on top of Davit's preferred pairs.

but you can still learn the core trading methodology on Davit's thread.

Regardless the differences, the main goal for both systems is still the same -- to milk maximum pips from price reversal swings through the Weekly Fibonacci Pivots.
It's either going UP, or DOWN.
  • #1,544
  • Apr 7, 2019 4:42pm Apr 7, 2019 4:42pm
Quoting WindChaser
{quote} Our EA and Davit's methodology has somewhat diverged, Eg. - Davit no longer uses TDI, but our EA still does (and it's still profitable) - Davit's entries are based on Price Action, we will consider looking into that. - Davit studies the weekly economic calendar and news releases, our EA does not. - Our EA has incorporated sophisticated MM techniques, and highly configurable to suit different traders' styles. - Since it's an EA, it is tireless and can work on more currency pairs on top of Davit's preferred pairs. but you can still learn the...
Cheers man..i went back to check the set up and id missed a seeting in the options lol. All set now so look forward to posting results and trade as they happen.
  • #1,545
  • Apr 7, 2019 5:25pm Apr 7, 2019 5:25pm
Quoting WindChaser
{quote} Our EA and Davit's methodology has somewhat diverged, Eg. - Davit no longer uses TDI, but our EA still does (and it's still profitable) - Davit's entries are based on Price Action, we will consider looking into that. - Davit studies the weekly economic calendar and news releases, our EA does not. - Our EA has incorporated sophisticated MM techniques, and highly configurable to suit different traders' styles. - Since it's an EA, it is tireless and can work on more currency pairs on top of Davit's preferred pairs. but you can still learn the...
Hi guys
What you are doing is beautiful.Keep it up.My philosophy always been do what works!
In trading, you have to be defensive and aggressive at the same time
  • #1,546
  • Apr 8, 2019 11:14am Apr 8, 2019 11:14am
Quoting WindChaser
{quote} Our EA and Davit's methodology has somewhat diverged, Eg. - Davit no longer uses TDI, but our EA still does (and it's still profitable) - Davit's entries are based on Price Action, we will consider looking into that. - Davit studies the weekly economic calendar and news releases, our EA does not. - Our EA has incorporated sophisticated MM techniques, and highly configurable to suit different traders' styles. - Since it's an EA, it is tireless and can work on more currency pairs on top of Davit's preferred pairs. but you can still learn the...

Hello, thank you for teaching me the setup steps;
But I set it up, still can't open your webpage;
I don't know how to get it now;
I really want to use $1,000 to test your EA.
  • #1,547
  • Apr 8, 2019 7:47pm Apr 8, 2019 7:47pm
Quoting kaixinjili
{quote} Hello, thank you for teaching me the setup steps; But I set it up, still can't open your webpage; I don't know how to get it now; I really want to use $1,000 to test your EA.
If you can't access our www.ralgo-ea.com website, I am not sure how I can help you, perhaps you should contact your ISP or government.

If you are looking for the public set files on http://ralgo-ea.com/view-backtest-results/, you will have to join the rAlgo Real Traders Telegram chat group, the password is in the pinned message of that chatgroup. To start, join the rAlgo Pivot EA Entry Group.

Green pips.
It's either going UP, or DOWN.
  • #1,548
  • Apr 11, 2019 4:09pm Apr 11, 2019 4:09pm
Got the new version taking trades. Not many but I only have a few pairs loaded. All positive though so will load more and check the settings as to why only a few opening on the pairs I have it on. Haven't looked at the set files yet as just going by the info on the site.
Attached Image (click to enlarge)
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  • #1,549
  • Apr 11, 2019 5:45pm Apr 11, 2019 5:45pm
I am loving this EA.
Running on demo account across 16 pairs... so far up 20% in a few weeks..

Attached Image (click to enlarge)
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keep up the great work and thank you!
Enter Signature
  • #1,550
  • Apr 12, 2019 4:20am Apr 12, 2019 4:20am
Sorry if it's answered, but I have to ask. With $1000/0.01/pair balance recommendation, does it means that if I have $1000 balance I can use EA on just one pair, or I can use EA on how many pair I want but use 0.01 lot per pair?
  • #1,551
  • Apr 12, 2019 4:37am Apr 12, 2019 4:37am
Quoting dman7800
I am loving this EA. Running on demo account across 16 pairs... so far up 20% in a few weeks.. {image} keep up the great work and thank you!
Are you using default .set files? Thanks.
  • #1,552
  • Apr 12, 2019 9:56am Apr 12, 2019 9:56am
Quoting majamivice
Sorry if it's answered, but I have to ask. With $1000/0.01/pair balance recommendation, does it means that if I have $1000 balance I can use EA on just one pair, or I can use EA on how many pair I want but use 0.01 lot per pair?
For now we recommend trading the EA using Demo account to understand how the EA works.

But yes, if you have $1000 balance, use it on 1 pair only, and trade only 0.01 lotsize, this is our safest and official recommendation.

Of course the EA will still work if you have $1000 balance but decide to trade it on 10 currency pairs, but you are taking a huge risk and your account will most certainly face a stop out (SO) or margin call (MC) in one of the days -- We understand some are "gambler traders" who do not mind taking high risks, if so please trade at your own risk, but when your account run into troubles, please do not blame the EA. (Analogy: You buy a sedan car and the car manufacturer tells you this car can only be driven on normal roads, but you took the car for 4WD cross-country tours, and the car broke down -- you can't blame the manufacturer for not making the car strong enough for 4WD cross-country conditions.)

Lastly, if you have low balance abut want to trade more pairs, consider use a CENT or MICRO account. Once you have spend enough time trading the EA, you will soon figure out the best/safest margin on how many pairs can the EA trade over x amount of balance.

Green pips.
It's either going UP, or DOWN.
  • #1,553
  • Apr 12, 2019 11:06am Apr 12, 2019 11:06am
Quoting WindChaser
{quote} For now we recommend trading the EA using Demo account to understand how the EA works. But yes, if you have $1000 balance, use it on 1 pair only, and trade only 0.01 lotsize, this is our safest and official recommendation. Of course the EA will still work if you have $1000 balance but decide to trade it on 10 currency pairs, but you are taking a huge risk and your account will most certainly face a stop out (SO) or margin call (MC) in one of the days -- We understand some are "gambler traders" who do not mind taking high risks, if so please...
Thank you for your answer.
  • #1,554
  • Apr 12, 2019 11:39pm Apr 12, 2019 11:39pm
Does this EA have a stop loss mechanism in which when price goes beyond 100R/S, it starts closing positions in an incremental manner? What happens beyond 100R/S exactly?

Davit said it is not efficient to close all positions once there, but to slowly close positions because market sometimes makes a reversal for a chance to recover the losses and sometimes profit.
  • #1,555
  • Apr 13, 2019 4:59am Apr 13, 2019 4:59am
Weekly_08.04/12.04
Attached Image (click to enlarge)
Click to Enlarge Name: rPT_08.04.12.04.jpg Size: 517 KB
You're the only author of everything that's happening to You !
  • #1,556
  • Apr 13, 2019 5:22am Apr 13, 2019 5:22am
When i try to download set files,site ask password i entered my user password but it didn't worked,
https://www.ralgo-ea.com/view-backtest-results/ can i know how to download it, Thank You
Failure is not failure if you learn from it...
  • #1,557
  • Apr 13, 2019 8:36am Apr 13, 2019 8:36am
Quoting suneth2
When i try to download set files,site ask password i entered my user password but it didn't worked, https://www.ralgo-ea.com/view-backtest-results/ can i know how to download it, Thank You
Did you read the webpage in full?

There is a paragraph on that webpage which says “The set files are available in a password-protected webpage on this website, the password is shared in the rAlgo Real Traders Telegram chat group (to start, you can join the rAlgo Pivot EA Entry Group on Telegram app)”
It's either going UP, or DOWN.
  • #1,558
  • Apr 13, 2019 8:42am Apr 13, 2019 8:42am
Quoting S.Wladimir
Weekly_08.04/12.04 {image}
Which settings do you use and how many pairs do you trade with this EA?
Because for me the result of April is $17 of close profit and +/- 100$ of pending loss. 28 pairs, defaut settings, $1000 demo account.
Guppy re-invented All Time Return: 83.3%
  • #1,559
  • Apr 13, 2019 9:07am Apr 13, 2019 9:07am
How to set up a black swan event how to set up a wind control?
  • #1,560
  • Apr 13, 2019 12:32pm Apr 13, 2019 12:32pm
Quoting 8tango
{quote} Which settings do you use and how many pairs do you trade with this EA? Because for me the result of April is $17 of close profit and +/- 100$ of pending loss. 28 pairs, defaut settings, $1000 demo account.
Hi .
https://www.forexfactory.com/showthr...7#post12199207
You're the only author of everything that's happening to You !
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