Disliked{quote} Great work mate! Yes I believe the entry should have been the previous candle, which was the first candle to open above the 5EMA, but you did well!Ignored
Winners add to winning trades!
There is no Magic Moving Average - You need only one 1,114 replies
Demo contest only - 20 pips TP and 20 pips stop - Any TF 51 replies
I lose 40 pips and win 6 to 10 pips... 17 replies
Need Script/EA can only generate Magic number 5 replies
spread on GBP/JPY @ alpari is 12 pips intead of 7 pips they claimed to be 6 replies
Disliked{quote} Great work mate! Yes I believe the entry should have been the previous candle, which was the first candle to open above the 5EMA, but you did well!Ignored
Disliked{quote} I am using stops and loss management as well. I don't plan to lose more than 5% a day until I build the account to a reasonable level. Then I will adjust lower and start shooting for only 2-3% profits for the day, with 1-2% losses. Once I get there, I"ll hit either the 2-3% and stop, or the 1-2% Loss and stop. My goal is to eventually get to where I need to make one or two trades a day, and be done. My original plan was to make a strict 10% a day, again, just to grow the account to a more reasonable level) And double my money every 10 days....Ignored
DislikedAnother 5p today so now 4 from 5. Although I did enter a little late instead of immediately at opening of that 4th red candle and missed the best of a 50p move. Still I got my 5p in less than 10 minutes which is great! {image}Ignored
Disliked{quote} You have entered a short trade where the price is above the ema200 which would be incorrect but good luck anyway. Post 144 is spot on. Cheers!Ignored
DislikedI am enclosing an updated trading EA with a number of adjustments. Trades will be rejected 1. If RSI does not indicate appropriate movement with last 10 bars. 2. Average trading range is too small 3. Wrong side of moving averages. if the pre set Stop Loss is left at 0 then Stop Loss is calculated as the end of the range of the candle on the opposite side of the short EMA If the difference between the current price and the Stop Loss is less than 5 pips then the trade is also rejected. Be aware of large stop losses that are set by the candle difference...Ignored
Disliked{quote} I am using stops and loss management as well. I don't plan to lose more than 5% a day until I build the account to a reasonable level. Then I will adjust lower and start shooting for only 2-3% profits for the day, with 1-2% losses. Once I get there, I"ll hit either the 2-3% and stop, or the 1-2% Loss and stop. My goal is to eventually get to where I need to make one or two trades a day, and be done. My original plan was to make a strict 10% a day, again, just to grow the account to a more reasonable level) And double my money every 10 days....Ignored
DislikedOk. I have changed the EA. If you leave the Lot Size at 0, Money management will be set by Equity and Maximum Risk percentage. If you set the Lot Size manually, Lot Size will remain as pre set. {file}Ignored
DislikedOk. I have changed the EA. If you leave the Lot Size at 0, Money management will be set by Equity and Maximum Risk percentage. If you set the Lot Size manually, Lot Size will remain as pre set. {file}Ignored
DislikedI am enclosing an updated trading EA with a number of adjustments. Thanks to TK5 for a great idea! {file}Ignored