but, the EA don't have the feature of entry a new buy/sell order after a win.
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DislikedHi, i used the ea for usd/jpy pair. i used the price entry option . I set a sell order at a certain price and select false for initial order long in your ea. the ea come out with the message ready for the next tick. But after the next tick is in place, it come out with the message, price is out of range and the order is disabled. Any idea what have went wrong? My timeframe is 15mins.
ThanksIgnored
Dislikedbut, the EA don't have the feature of entry a new buy/sell order after a win.Ignored
DislikedFX,
Thanks for posting this. I'll definitely help you test it further. Let me know if you would like me to post results...I will start Tonight when the market opens and run the EA at my own discretionary entry style. I think I have an idea of when to run the EA.............thanks again...
Feel free to Post any results....and you are Welcome !
P.S. What will happen if I set the EA to only take long's or short's? I'm thinking more along the lines of adding a 2nd level strategy feature in terms of hedging this method....
I have never tried the EA this way. Not sure if it will work or not. This sounds like grid trading to me.Ignored
DislikedYes, please continue with this method guys, so that I can make money of (from) you. Remember, for every winner out there(,) there is a looser (loser). As I see things, I and others (others and I) are going to win a lot of (from) you guys who are going to use the above system.
Good luck with it!Ignored
DislikedI may not agree with this method completely, but this has to be one of the poorest constructed responses around. Perhaps you would like to offer the same level of proof as the author of the thread did... Otherwise it is impossible to take this post seriously.Ignored
DislikedYes, please continue with this method guys, so that I can make money of you. Remember, for every winner out there there is a looser. As I see things, I and others going to win a lot of you guys who are going to use the above system.
Good luck with it!Ignored
DislikedPlease accept my sincere Thank You Dan.
May God Bless You and Your Family, Always.
Sorry for not contributing. I'm just a newbie and english is not my native.
Simple Question: What Modification would you suggest if the BROKER
is Charging $70 Commission and taking 10 spreads on Four Major Cuirrency?
Thanks To All Members,
Rene
PhilippinesIgnored
DislikedPlease accept my sincere Thank You Dan.
May God Bless You and Your Family, Always.
Sorry for not contributing. I'm just a newbie and english is not my native.
Simple Question: What Modification would you suggest if the BROKER
is Charging $70 Commission and taking 10 spreads on Four Major Cuirrency?
Thanks To All Members,
Rene
PhilippinesIgnored
DislikedPlease accept my sincere Thank You Dan.
May God Bless You and Your Family, Always.
Sorry for not contributing. I'm just a newbie and english is not my native.
Simple Question: What Modification would you suggest if the BROKER
is Charging $70 Commission and taking 10 spreads on Four Major Cuirrency?
Thanks To All Members,
Rene
PhilippinesIgnored
DislikedDefinetly find a new broker....right away.
What a rip off.
in your profile you say you prefer IBFX. but that does'nt sound like their policies...who are you trading with?Ignored
DislikedHi, I would like to know how much is the Return Of Investment of your method yearly.
thxIgnored
Disliked.......The problem with most people wanting to get into Trading the FX Market is that many think they can Trade for Living starting with very Small Accounts. Perhaps some can. I have not been able to accomplish that. True, I am not boasting about 1% a day or more as many systems claim, however, in any other Market annual returns of 50%-100% would be considered fantastic........
DanIgnored
Disliked......I think you will find this method will return exceptional profits if you get your entry part of the strategy plan correct.
Reason:
1/ Dan has already stated that he is doing between 4-10 trades per week using this method. This seems very realistic to me.
2/ He also stated that he averages a close in profit after 8 trade sequences of his martingale risk management system. This also sounds very realistic to me.
So at 8th close he will make $190 per trade and if you assume an average number of trades per week as 7 (half his range mentioned above) = $1330 per week.
This equates to $69,160 per annum!!!!!
Now if you are a risk freak you may choose to trade this approach with a 400:1 leverage which means you will need $47,525 per standard account.
This gives you a net return of 145% per annum.
If you choose to trade this approach with a 200:1 leverage which means you will need $63,900 per standard account.
This gives you a net return of 108% per annum.
If you choose to trade this approach with a 100:1 leverage which means you will need $96,650 per standard account.
This gives you a net return of 72% per annum.
Please explain why you consider these as 'modest' returns.....???
PS All this information has been provided by Dan.... when you piece it together like this, I think his trading plan and returns are excellent.Ignored
DislikedHi..
I already attach the ea to my chart. Already have smiley face in right corner
But it won't open trade...
it said errorIgnored