Geoff
OK forget the last post I ve sorted it out now.
Cheers
ab1
OK forget the last post I ve sorted it out now.
Cheers
ab1
- #5,622
- Jun 27, 2010 4:52am Jun 27, 2010 4:52am
As a new comer, I must say this is a fantastic thread. I enjoyed reading every page of it.
Since there are many editions of the EA can someone points me to the latest EA. I plan to open a live account with FXCM (UK) with 7K$ to get the free VPS and let this wonderful EA runs forever
Thanks...
Since there are many editions of the EA can someone points me to the latest EA. I plan to open a live account with FXCM (UK) with 7K$ to get the free VPS and let this wonderful EA runs forever
Thanks...
- #5,623
- Jun 27, 2010 5:07am Jun 27, 2010 5:07am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
I have looking on line for reviews, ratings or recommendations for a VPS.
I'm sure there a lot of you here that use one.
I started live last week with the EA and want to make sure it keeps running.
I been demoing with the Geoff"s EA for a little while am going with the real deal $ and looking for a reliable VPS.
I'm sure there are others here that are thinking of the same thing.
Sorry to take up your time and not talking about Geoff's terrific EA.
Hope everyone having a good weekend and hope the pound keeps going up when it opens after the weekend.
Good...
- #5,624
- Jun 27, 2010 5:15am Jun 27, 2010 5:15am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
As a new comer, I must say this is a fantastic thread. I enjoyed reading every page of it.
Since there are many editions of the EA can someone points me to the latest EA. I plan to open a live account with FXCM (UK) with 7K$ to get the free VPS and let this wonderful EA runs forever
Thanks...
- #5,628
- Edited 9:11am Jun 27, 2010 9:08am | Edited 9:11am
As a new comer, I must say this is a fantastic thread. I enjoyed reading every page of it.
Since there are many editions of the EA can someone points me to the latest EA. I plan to open a live account with FXCM (UK) with 7K$ to get the free VPS and let this wonderful EA runs forever
Thanks...
I'm a long time customer with FXCM, they are fine with their classic Trading Station 2.
But, listen, don't even think about using MT4 with FXCM and the free vps since the feed, the quotations, the execution simply suck. I've tried it!!
Just get a good vps, and I strongly suggest ucvhost.com, which I've used and I can swear they are the cheapest and the best, and then open an account with a goof MT4 provider, there are some and you'll get good opinions online about who is more reliable.
EA are not easy and if you have a bad MT4 provider they will be even less easy to manage. I'm not an EA user right now, but I know something.
Good luck
Max
- #5,630
- Jun 27, 2010 10:52am Jun 27, 2010 10:52am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
Great stuff Max.
Very much appreciated. I'll have a look at ucvhost.
- #5,632
- Jun 27, 2010 10:58am Jun 27, 2010 10:58am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #5,640
- Jun 27, 2010 11:52am Jun 27, 2010 11:52am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
I think sky just wants others to be careful...especially with EA's. he has been most critical when others have posted their own settings which dont necessarily agree with geoff's.
everyone should be critical of ea's. most people lose a bunch of money with them, including myself.
i have never used any other person's settings other than geoff's. i only changed the tp's. so far, excellent results. i think one more week on demo and i go live baby.
so, most of us here have a desire to help others. some others are spies from brokers and those that...
when he jumps on someone for overtrading he is, no doubt, remembering his
own mistakes in the past.
Many people have said to me that 140 stoploss per order is too high, why
can't they use say 50 instead, well all I can say is that the stoploss was
arrived at by long tedious testing and optimising to give the "best" result.
A stoploss of 140 is essential to get the results that we are getting and, if
anyone is not comfortable to lose 120, 280 or 420 pips (1, 2 or 3 orders)
should look again at their lot size and change it to a size where they are
comfortable.
I use the 2 order option because I am not comfortable to lose 420 pips at
my prefered risk level and I assume that any order will lose 280 pips, which
I am comfortable with at my lot size.
I am sleeping when the EA places its trades but I can sleep well because I
am comfortable with the size of the potential loss!
You notice I have not mentioned the potential profit, this is secondary to
my mind, I make sure that the potential loss is right for me, any profit is
really just a bonus!