DislikedI don't see the MTF_v5 in the files. Should I be using the SSSbeta 2 or the SSS version 1 EA.
Thanks again,
cwaveIgnored
Keep It Simple Stupid 7 replies
Simple stupid position trading (H4/D1) 119 replies
Stupid Simple: Trying to find a specific indicator 0 replies
Keep it Simple Stupid (KISS) Method 486 replies
Keep It Simple Stupid (KISS) - The next Generation!! 7 replies
Dislikedopted for 2008 hindsight is great isn't it
this is opted for 2008 with 5% risk on eur/usd go from 10000 to 92693
just checked and these settings worked in 07 also. from 01-01-07 to present account go from 10000 to 144406Ignored
DislikedIMO, risk of 5% is too much since the Max DD is 58%. I wouldn't want to see anymore than 30% DD.
TimeFreedomIgnored
DislikedI must be doing something wrong I can't get it to generate maybe I have something wrong in the settings???
cwaveIgnored
DislikedWithout some more complicated programing, manual trading using this system will be preferable to many. That of course is because some like to look at major trends or other indicators before using this or any other system. I personally love EA's because they can help you tweak a system and test it out quickly, removing all emotion and human error. The EA is not bias and doesn't make excuses. I feel they are an invaluable tool. But they are still a tool, not a magic pill and I don't see any honest EA creators that claim they are a magic pill. That being said, I love this system and I love the EA.Ignored
DislikedThe EA obviously catches trades late but i am still tightning the buffers and disabled candle close to see if it would help. It also can't be used except during the London & US markets as the market trends more during those periods.
But if i am correct; this system was originally built with Stoch Dinapoli which was not included or considered in the EA. Please could anyone tellme the reason?Ignored
DislikedHey Femzy......Quote from post # 266 by Wahnone
" Since the Dinapoli Stoch is just there for re-entry, I removed it and replaced it with the Laguerre indicator"
I think he did'nt believe it was necessary, i maybe wrongIgnored
DislikedCould someone please explain to me what the EA or Expert Advisor does? I am guessing it places auto trades for you?
I am still on page 7 of this thread....Ignored
DislikedSure, an Expert Advisor can do many things. MT4 basically allows a great amount of customization in the form of mini programs. These take the form of Indicators, Scripts and Expert Advisors. The EA can be programed to do a lot of things, ranging from giving you a signal that says 'BUY NOW!!' to automatically placing trades for you. EA's are useful for people who know exactly how they want their system to work and want to take the Human error out of the equation. However, EA's do exactly what they are programed to do. Because of this, they will often miss a buy or sell that you may have made for reasons that it's not programmed to anticipate. Example: You see a huge downward trend in the market for the hourly, weekly and monthly chart of a currency pair. The 15 minute chart is trending up. You're watching the news and see that some bad report just came out and your sure the trend will go back down so you sell (or go short). The EA you are using might only be looking at the 15min chart so it thinks that the market is trending up when in reality, it's going down.
This is why we all say to tweak your EA's and know when a good time to use them is. Any given EA may be better suited to a paticular currency pair, or to a Bull or Bear market. If you are not currently in a condition that the EA thrives in, you have a good chance of loosing money.
In short, the EA is a tool. The best 'Expert Advisor' out there is YOU (given that you have put the time and effort into learning the market and it's ways). No EA will make you a millionare. You should not go live with an EA until you have tested it and tweaked it and understood it's interworkings for a long time. (Did I give enough disclaimers?)Ignored