$10 to $20806.27 in 5 days

Hi, I atached the buy ea on gbpusd but it do not take any trades. Set file is yours. The fase is smiley.Any help?

Close mt4 and restart
See what message is showing in journal

If you close any trades manually opened by EA it will open trades again when market reach certain range only

Change magic number and restart mt4 again

Demo test started in GBPNZD
$100 deposit
Buy and Sell in two chart
10% SL
100 pips TP
Close all equity $20 profit

It opened first 2 pending orders only in both sides this must be 3 based on EAs input I think the reason is higher spread is 12 in GBPUSD is 3

Second grid may will open 3 orders cause there is gap more than 12 pips between two bundle of grids

Or change default input of
Minimum _Pips_ From_ Price : 5 To 15

Hey, i would like to test our your Ea. Seems logical and only 10$ to lose

Strategy is improved from gambling $10 to start trade with two $10 cent account with 10% SL

It have more chance to win, read strategy in OP

Example :

We open two $10 cent accounts
Account A for sell EA Account B for buy EA
$10 cent account show as $1000

It use 10% SL means when loss $100 close all open trades and continue like that ...

Now we have 20 attempts to win is better than loss $10 in first attempt

This test is just started with live account see myfxbook BUY cent and SELL cent statements

https://www.myfxbook.com/members/NeverGP

Where is the best take profit area ?

It have 10% SL so all the investment will wipeout only if it hit 50 pips SL more than 20+ times until equity reach down to $100

So both sides have 40+ chances to win

1000-100 lot size 0.10
900-90 lot size 0.09
810-81 lot size 0.08
729-72 lot size 0.07
657-65 lot size 0.06
592-59 lot size 0.05
533-53 lot size 0.05
480-48 lot size 0.05
432-43 lot size 0.04
389-38 lot size 0.04
351-35 lot size 0.03
316-31 lot size 0.03
285-28 lot size 0.03
257-25 lot size 0.02
232-23 lot size 0.02
209-20 lot size 0.02
189-18 lot size 0.02
171-17 lot size 0.02
154-15 lot size 0.01
139-13 lot size 0.01
126-12 lot size 0.01
114-11 lot size 0.01
103-

Now we need to target take profit like this

If $1000 loss $100 in buy side same time sell side got $200 profit ( $1200 equity ) then close all trades and start trade again it will happen suddenly within around 50 pips

What if loss $500 from $1000 investment ?

Target must be $600 to recover loss of $500+ $100 profit , continue like this target is not greedy , decent way to recover loss and make 10% profit most of the times

If there is no loss in equity we can target more profit than $100 , my starting target of profit is 200% ( $20 profit from $10 investment ) it need 250+ pips to get it

Don't use Buy and Sell EAs in same account

Somebody is using both EAs in two chart of same account which is wrong here is my test result in same date with investment of $1000

Sell EA only
Profit $2700

Buy EA only
Loss $600-

Sell and Buy together
Just closed without loss
$1000 equity

All the test is completed in GBPUSD's 250 to 300 pips down movement, short trade recovered loss $500 in 150 pips and got $1000 profit in 200 pips and total profit was $2700 between 300 pips while buy lost $600 overall profit is $2100 if use buy and sell in separate accounts but no profit or loss was happened in hedge in same account

So I recommend use two septate accounts for buy and sell it's because EA can calculate equity and percentage of loss correctly to exit before it loss more amount.

This is what happen when GBPUSD move 200 pips with 60 pips SL ( 10% equity )

https://www.myfxbook.com/strategies/...vergpea/199134

How to use EA with Fundamental and Technical analysis to get higher winning ratio

Monday GBP news will release after the London open market will move R1 or S1 before NY

Use buy and sell EAs two accounts at this time and close trades when market reach there

R1 and S2 can expect after the NY open so run EAs again until London close

GBPNZD Test in demo here

https://www.forexfactory.com/never#a...xplorer.182261

Only one problem is is higher spread (12) so day 130 pips trading range can make $50 profit by $1000 investment with lot size $0.10 cent per pip

Min_Pips_from_Price must be more than spread so change default 5 to 15 for GBPNZD like higher spread pairs

Christmas new year vacation market zigzag lasted 1 month my live cent accounts hit 26 times in 50 pips SL ( 10% ) at this time and got some profit yesterday to recover recent loss

Still accounts have $1000 profit in total

I hope market started moving from yesterday

Expecting 1.2955 Down side or 1.3222 to 1.3333 phycological level this week in GBPUSD

I stopped testing in cent account because

1, FF is not allowed to show cent accounts in public trade explorer so it's difficult to explain manually by screen shot

2, myfxbook is showing wrong / unwanted loss based on re deposited amount

I withdraw and deposit profit to loss account to equal equity level is showing as total loss wrongly

I made $1000 cent in both by and sell accounts is only showing in "abs gain"

Sell
https://www.myfxbook.com/members/Nev...l-cent/3965995

Buy
https://www.myfxbook.com/members/Nev...y-cent/3923960

Hi Never,

Could u tell me your 3 pending orders do have same tp or different and as you mentioned you stop doing test in cent ac so are you still testing in genrel ac?

3 pending orders have same TP

If I want to close all I use another EA to close all in xx equity profit

Now I am testing standard account in GBPNZD pair

In my experience we can catch 300 pips movement after 30 consecutive loss without analyze Fundamental and Technical analyse and random buy / sell entry

Winning ratio will increase if we can predict market by using indicators and news movement

Some traders can catch 200+ pips after loss 10 times 50 SL

Example

Equity = $10
Loss ten times = $100
Profit 200 pips = $1000+

I tested this only in cent account just to double equity with small lot size it worked you can see that in myfxbook

thanks for your reply,

idea seems unique could you share your standard account test, moreover how about adding trail sl or adding more positions into wiinning orders or partial closes.

It's possible to add BE and partial close by using TP also it have option to enter market place example 1.3500 buy option to start trading with this option we can place orders by EA only when breakout the level

This all I didn't used ... I am also finding new strategies every day in my own EA because there is many inputs I added when i created it

This week at Thu 30th Jan major news events will release we can expect 200+ pips movement in GBP pairs and Gold

Price action will start today after 30 days vacation ranging sideways market

Hello Mr. Never,

I have been following your thread. Sounds interesting. Could I please get a copy to test on my FXTM demo account first. Also can you provide setfile for $10.00 deposit. Which account type is best suited for your EA? Cents or Standard?

Thanks
Robert