my question is hows the results on a ranging market?
thanks
Ignored
Good question, we will know know soon enough.
Obviously this is a strong strategy for trending markets.
But these are the things to watch out for, market times, trending or not trending, etc.
We shall see...
can i suggest bill williams indis,i love his methods,one of the reasons i downloaded mt4 in the first place,i read his books,bill is oen of those guys that actually make money out of their trading systems then give it out ,not like most,hes old now,but very successful,i read in his book he created an ea on his alligator system,works great
I agree. They can be a big distraction. Like too many people all talking at once. Noisy. Each has his own opinion and insists he is right and they hardly ever agree. Kind of like politics. Vote for me. I'll give you what you want. Make you a real winner. If you believe it you're already a loser.
Take with a grain of salt, as they say...
Oh but traders love their indis, with flashing lights and bells, sometimes I see charts with so many indicators I can't even see the prices action..
I like to consult macd 21,100,9, wood pivots, the 200ema and the 20 sma and sometimes obv and bb bands. More than that I know I'm losing it.
I've tried and tried to get the inverse ea trades consistently profitable and it is the weirdest thing how a couple of pips difference caused by the spread when the inverse trade is taken can make such a big difference. I can't seem to get even the worst ea to be profitable in inverse. Even at as high a rate as 70% loss with equal stop and limit. It's really bizarre..
But if you want to post the file for the loser I can give it a spin...
Looks to be too good to be true.
Only thing is little worrisome about security issues for installing.
It is fantastic idea.
But is still being developed. The log shows he is fixing bugs almost daily.
The latest being a "dangerous security issue".
Maybe to keep watching it's development...
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Membership Revoked
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Joined Sep 2010
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indeed it does look too good,in my mt4 the awesome oscillator goes broke in a year,in their one it just goes up,but its hard to make ea's with them,looks easy but its complicated as hell.nd the ea settings keeps adjusting,
