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Promised EA system

  • #241
  • Dec 2, 2013 6:50pm Dec 2, 2013 6:50pm
Nano lot trial. Doing good so far.

https://www.myfxbook.com/portfolio/m...au-nano/770216
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-12-03 09_45_54-Mt4-10364758 IBFX AU nano lot with Promised_EA _ Myfxbook.png Size: 22 KB
  • #242
  • Dec 2, 2013 6:54pm Dec 2, 2013 6:54pm
Quoting RisingSun
Nano lot trial. Doing good so far. https://www.myfxbook.com/portfolio/m...au-nano/770216 {image}
Thanks for the link.
Follow me to the Promised Land
  • #243
  • Dec 2, 2013 8:16pm Dec 2, 2013 8:16pm
http://www.myfxbook.com/members/Topp...au-nano/770216

Live Account?
  • #244
  • Dec 2, 2013 9:07pm Dec 2, 2013 9:07pm
i'm encountering problem when running the EA.. during backtest and forward.

here is the screen shot.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 28 KB


ive been reading backread but no luck finding the same issues.

can you pls help me.

by the way starting capital was 50k leverage is 1:500
  • #245
  • Dec 2, 2013 9:09pm Dec 2, 2013 9:09pm
Quoting griswold
i'm encountering problem when running the EA.. during backtest and forward. here is the screen shot. {image} ive been reading backread but no luck finding the same issues. can you pls help me. by the way starting capital was 50k leverage is 1:500
Your account allow 0.01?
Follow me to the Promised Land
  • #246
  • Dec 2, 2013 9:23pm Dec 2, 2013 9:23pm
hmm.. anyway ill tried my other broker I think it works.. the trade comments said "lucas" is this the promised EA?
  • #247
  • Dec 2, 2013 9:26pm Dec 2, 2013 9:26pm
Quoting griswold
hmm.. anyway ill tried my other broker I think it works.. the trade comments said "lucas" is this the promised EA?
Yes.
Follow me to the Promised Land
  • #248
  • Dec 3, 2013 2:20am Dec 3, 2013 2:20am
Hi xlitang,

Would like to get your opinion. Base on below info, do you think the capital is sufficient for Promised EA V2?

Starting capital: USD 5000 (EURO 3600)
Account type: micro account 0.01 lot, 1 pip = USD 0.10
Leverage: 1:400 or 1:500
Quantity pair: 9 pairs as stated in post #1

Thanks
  • #249
  • Dec 3, 2013 3:58am Dec 3, 2013 3:58am
Hello everybody!

Couple of questions about this EA.

- When there are news, how in advance should we turn off the EA? and after the news, when can we turn it on again?

- Is it normal to have 4 or 5 diferente operations open for the same pair? because this is what is happening to me..

- Can anyone explain me the rules for tp and sl, because usually takes profit at 5 pips but ive seen big losses also, does it use trailing stop as well?

Thanks in advance!
  • #250
  • Dec 3, 2013 4:45am Dec 3, 2013 4:45am
Quoting Marck
Hello everybody! Couple of questions about this EA. - When there are news, how in advance should we turn off the EA? and after the news, when can we turn it on again? - Is it normal to have 4 or 5 diferente operations open for the same pair? because this is what is happening to me.. - Can anyone explain me the rules for tp and sl, because usually takes profit at 5 pips but ive seen big losses also, does it use trailing stop as well? Thanks in advance!
If you read the thread, you have already the answers to all of your questions
MT4/MT5 EAs/Indicators/Alerts coder
  • #251
  • Dec 3, 2013 4:57am Dec 3, 2013 4:57am
Quoting sam2vt
Hi xlitang, Would like to get your opinion. Base on below info, do you think the capital is sufficient for Promised EA V2? Starting capital: USD 5000 (EURO 3600) Account type: micro account 0.01 lot, 1 pip = USD 0.10 Leverage: 1:400 or 1:500 Quantity pair: 9 pairs as stated in post #1 Thanks
Hi Mate

Developer states required minimum is $25,000 / 0.01 lots (9 pairs).

A mini account is 1/10 size of standard account.

Therefore, 1/10 of $25,000 is $2,500.

So, you are trading with double the required minimum.

Other factors which will also affect trading is your leverage.

The more leverage the better I guess for this system. (1:500)

This is only a guide of course and does not guarantee success.

Test Test Test!

Hope this helps.

Regards

Spy
  • #252
  • Dec 3, 2013 6:27am Dec 3, 2013 6:27am
Quoting sam2vt
Hi xlitang, Would like to get your opinion. Base on below info, do you think the capital is sufficient for Promised EA V2? Starting capital: USD 5000 (EURO 3600) Account type: micro account 0.01 lot, 1 pip = USD 0.10 Leverage: 1:400 or 1:500 Quantity pair: 9 pairs as stated in post #1 Thanks
Read post #1 you will find the answer.

You need $25K for standard account and $250 for micro account to trade following pairs with at lease 400:1 leverage. Even you just trade one pair you still need $25K for standard account and $250 for micro account:
EURUSD, USDJPY, AUDJPY, AUDUSD, GBPUSD, GBPJPY, EURAUD, NZDUSD, EURJPY. starting lot is 0.01.

for micro account I should say nanao account 1 pip is 0.1 cent.
Follow me to the Promised Land
  • #253
  • Dec 3, 2013 11:36am Dec 3, 2013 11:36am
I'm trying to attach the EA to Alpari mt4 but still got sad face on the chart please help
Mind is the King
  • #254
  • Dec 3, 2013 11:41am Dec 3, 2013 11:41am
Quoting MikiMax
I'm trying to attach the EA to Alpari mt4 but still got sad face on the chart please help
Did you enable live trading?
Follow me to the Promised Land
  • #255
  • Dec 3, 2013 11:44am Dec 3, 2013 11:44am
silly mistake....thanks a lot
Mind is the King
  • #256
  • Dec 3, 2013 11:48am Dec 3, 2013 11:48am
but still does not place any trades....reason?
Mind is the King
  • #257
  • Dec 3, 2013 11:56am Dec 3, 2013 11:56am
Quoting MikiMax
but still does not place any trades....reason?
Any error in the. Log?
Follow me to the Promised Land
  • #258
  • Dec 3, 2013 11:58am Dec 3, 2013 11:58am
nope. nada.
Mind is the King
  • #259
  • Dec 3, 2013 12:06pm Dec 3, 2013 12:06pm
finally working.just restarted mt4
Mind is the King
  • #260
  • Dec 3, 2013 12:18pm Dec 3, 2013 12:18pm
Quoting RisingSun
Nano lot trial. Doing good so far. https://www.myfxbook.com/portfolio/m...au-nano/770216 {image}
What broker you have for nano lot?
Follow me to the Promised Land
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