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Free EA 2%-4% profit per Day

  • #101
  • Jan 11, 2016 11:41am Jan 11, 2016 11:41am
Quoting Ace_1
{quote} Yes, I set the bumi for short only and the langit for long only. As you said, maybe it could possibly be the broker is not matching up with the EA as it should. But I really don't know one way or the other. Yes, it would be good if you - and others here also - test the EA on the TradersWay demo account for about a month and then post the results here. In fact, I'd like to see other people post their test results with the EA even if they are using a different broker than TradersWay. I have gotten another TradersWay demo account and I am going...
Ok i will test it on tradersway

Quoting Ace_1
{quote} Yes, I set the bumi for short only and the langit for long only. As you said, maybe it could possibly be the broker is not matching up with the EA as it should. But I really don't know one way or the other. Yes, it would be good if you - and others here also - test the EA on the TradersWay demo account for about a month and then post the results here. In fact, I'd like to see other people post their test results with the EA even if they are using a different broker than TradersWay. I have gotten another TradersWay demo account and I am going...
Ok i will test it on tradersway
  • #102
  • Jan 13, 2016 3:40pm Jan 13, 2016 3:40pm
Hello @ace_1
My tradesway acct till now have positif result
  • #103
  • Jan 14, 2016 6:44am Jan 14, 2016 6:44am
Still positif
  • #104
  • Jan 14, 2016 9:01am Jan 14, 2016 9:01am
Todays Position on Tickmill Broker
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  • #105
  • Jan 14, 2016 11:08am Jan 14, 2016 11:08am
Muppets r not biting
  • #106
  • Jan 14, 2016 1:12pm Jan 14, 2016 1:12pm
If you compound at just 2% a day for one year, starting with $1000 , after just one year you'd have over $272,000.At 3% per day you'd have over 2 million dollars. Why do I think that you definitely do not have an ea that can do this? The words shit, and load of, spring to mind.
  • #107
  • Jan 14, 2016 2:01pm Jan 14, 2016 2:01pm
interesting. let me try the demo first
  • #108
  • Jan 14, 2016 2:28pm Jan 14, 2016 2:28pm
Quoting cultfx
interesting. let me try the demo first
What's interesting?
  • #109
  • Jan 14, 2016 5:10pm Jan 14, 2016 5:10pm
Quoting TheGreatMilenko
If you compound at just 2% a day for one year, starting with $1000 , after just one year you'd have over $272,000.At 3% per day you'd have over 2 million dollars. Why do I think that you definitely do not have an ea that can do this? The words shit, and load of, spring to mind.
I not compounding this.. I do withdraw regularly coz we dont know the in the next day will be our frend or enemy.. You can try on demo if you dont believe it.. And you can reduce the profit if you think this is to risky
  • #110
  • Jan 14, 2016 5:12pm Jan 14, 2016 5:12pm
Quoting cultfx
interesting. let me try the demo first
If you like this ea you can email me at [email protected] to get the live ea
  • #111
  • Jan 14, 2016 5:21pm Jan 14, 2016 5:21pm
Quoting TheGreatMilenko
If you compound at just 2% a day for one year, starting with $1000 , after just one year you'd have over $272,000.At 3% per day you'd have over 2 million dollars. Why do I think that you definitely do not have an ea that can do this? The words shit, and load of, spring to mind.
  • #112
  • Edited 7:23pm Jan 16, 2016 12:54am | Edited 7:23pm
Quoting tomosie
Hello @ace_1 My tradesway acct till now have positif result

I'm sorry for my late reply but I was waiting for the end of this week before posting here. I wanted to see what a full week of results would be on my TradersWay demo account before replying.

This past Sunday night I began using the EA with the eurgbp and eurchf on my new TradersWay demo account. On Tuesday night, while I was asleep, for some reason my computer decided to do a Windows update and my computer automatically restarted by itself and this caused my charts to turn off. Therefore the EA wasn't able to make any trades for about 7 hours Tuesday night and when I woke up the next morning I noticed this and turned my charts on again. I don't know how much this 7 hour interruption affected my bottom line results. Maybe the EA would've done even better or maybe it would've done worse. I don't know. This is why it is a good idea to have a VPS for trading - especially if anyone is trading a live account.

Anyways, here is the dollar result (in U.S. dollars) of my new TradersWay MT4 VAR. demo account for all of last week (except for the 7 hours I mentioned) : I started with a $3000 account and now after a week of trading I have a $3344.49 account -- a net profit of $344.49.

This is certainly better than my previous week when my account started with $2500 and had only $7 left in the account after 5 days of trading. lol. In the previous week (Jan 4th - Jan 8th) I had 8 individual losses that were bigger than any loss Tomosie had in his 16 weeks. But last week with my new TradersWay demo account my biggest loss was only -$32.42. I was glad to see it wasn't nothing like the previous week of huge losses I had. I have no idea what happened the previous week when it had the huge losses that it had. All I can guess is maybe it had to do with trading from my computer instead of a VPS.

As I mentioned previously I am testing the EA with 2 other accounts also. I have a FX Choice Classic demo account of which I am trading the eurusd and usdchf (instead of the eurgbp and eurchf). Last week (Jan. 10 - Jan. 15) this account made a net profit of $537.76. This did better than even the TradersWay account (but my TradersWay acct is using different pairs).

The 3rd account I am testing the EA with is a Tallinex ECN-Micro demo account. Again I am trading eurusd and usdchf (instead of the eurgbp and eurchf). However, the big difference with this account is that I have changed the "Lot Exponent" setting from 1.68 to 0.0. The reason I did this is to remove the martingale aspect of the EA and reduce the risk of the huge losses that basically wiped out my account that I wrote about earlier in this thread. I wanted to test it this way to see how it would do. The result for this account for last week (Jan. 10 - Jan 15) is that it made a net profit of $29.80. I am curious to see if by having the Lot Exponent to 0.0 that if it will in the long run keep the account from being wiped out? That is what I am testing this account for.

Okay, now I want to make some comments about the FX Choice account and the Tallinex acccount. I am considering replacing the FX Choice account with another broker. The reason is because FX Choice has a leverage of only 1:200 - instead of the 1:500 leverage is what I really want. If the account gets wiped out for some reason, then I don't want to use the excuse of "well, I was using an account of 1:200 leverage and maybe that's why it got wiped out". That is why I might change it next week to a broker with 1:500 leverage. I am already using 1:500 leverage with the TradersWay account and Tallinex account, but I don't have it with the FX Choice account because all they offer is 1:200 leverage. Except for that issue, FX Choice is a great broker. Too bad they don't offer 1:500 leverage - something that is needed for those of us that make MANY trades per day & per week.

And the comment I want to make about Tallinex is in regards to their spreads. I really like Tallinex as a broker because they are a high quality broker. BUT, their spreads on their ECN-Micro account is a bit too high for traders that make many trades per week. The average spread of Tallinex on eurusd is 2.8 pips. That is exactly 2 times higher than the TradersWay MT4 VAR. account average spread of 1.4 pips on the same pair (I got this info from the Tallinex and the TradersWay websites). When an EA or a system makes many trades then it becomes even more important to have the lowest spread possible for obvious reasons. If a system makes 500 trades a week and a broker - for example - has a 1 spread versus a 2 spread of another broker, then the first broker can potentially make 500 extra pips per week than the other broker (making the same exact trades) due to the 1 pip difference in the spread. That is why it is so important for an EA that makes many trades per week to have the lowest possible spread. And this is why I am looking closely at TradersWay if I get a live account for this EA.

If I do get a live account then I don't know for sure when that will be. For now I will keep on testing. I don't know if I will keep posting my results each week or just wait until the end of each month to post my results. But one way or the other, I will keep everyone informed. I still want to very much see others here try out the EA on a demo account and post your results from time to time - whether you post your results at the end of each week or the end of the month.
"Dream big and dare to fail." - Norman Vaughan
  • #113
  • Jan 16, 2016 2:35am Jan 16, 2016 2:35am
Quoting tomosie
{quote} If you like this ea you can email me at [email protected] to get the live ea

thank you i just sent you an email
  • #114
  • Jan 16, 2016 9:14am Jan 16, 2016 9:14am
Quoting Ace_1
{quote} I'm sorry for my late reply but I was waiting for the end of this week before posting here. I wanted to see what a full week of results would be on my TradersWay demo account before replying. This past Sunday night I began using the EA with the eurgbp and eurchf on my new TradersWay demo account. On Tuesday night, while I was asleep, for some reason my computer decided to do a Windows update and my computer automatically restarted by itself and this caused my charts to turn off. Therefore the EA wasn't able to make any trades for about 7...
Wow thanks for your review based on several broker.. Its mean a lot to me.. Coz there is somebody say bad but not having test first
  • #115
  • Jan 16, 2016 9:25am Jan 16, 2016 9:25am
Quoting Ace_1
{quote} I'm sorry for my late reply but I was waiting for the end of this week before posting here. I wanted to see what a full week of results would be on my TradersWay demo account before replying. This past Sunday night I began using the EA with the eurgbp and eurchf on my new TradersWay demo account. On Tuesday night, while I was asleep, for some reason my computer decided to do a Windows update and my computer automatically restarted by itself and this caused my charts to turn off. Therefore the EA wasn't able to make any trades for about 7...
Wow thanks for your review based on several broker.. Its mean a lot to me.. Coz there is somebody say bad but not having test first
  • #116
  • Jan 16, 2016 5:59pm Jan 16, 2016 5:59pm
Quoting cultfx
{quote} thank you i just sent you an email
Ok thanks
  • #117
  • Jan 17, 2016 12:16am Jan 17, 2016 12:16am
Tomosie, I have a question. Do you temporarily turn off your EA when there is a big economic news release (such as the Non-Farm Payroll, or bank interest rates announcements, etc)? Or do you let you EA continue to run regardless of the importance of a economic news release?
"Dream big and dare to fail." - Norman Vaughan
  • #118
  • Jan 17, 2016 3:59am Jan 17, 2016 3:59am
Quoting Ace_1
Tomosie, I have a question. Do you temporarily turn off your EA when there is a big economic news release (such as the Non-Farm Payroll, or bank interest rates announcements, etc)? Or do you let you EA continue to run regardless of the importance of a economic news release?
i too have the same question
  • #119
  • Jan 17, 2016 7:27am Jan 17, 2016 7:27am
Quoting Ace_1
Tomosie, I have a question. Do you temporarily turn off your EA when there is a big economic news release (such as the Non-Farm Payroll, or bank interest rates announcements, etc)? Or do you let you EA continue to run regardless of the importance of a economic news release?
No i didnt.. Coz when nfp come price will move up and down like crazy.. This thing bring positif result during minus floating cos the minus will be wipe out and price close on positif result (base on past action) but if you wanna play safe you may consider yo turn off the ea
  • #120
  • Edited 4:02pm Jan 17, 2016 3:48pm | Edited 4:02pm
Quoting tomosie
{quote} No i didnt.. Coz when nfp come price will move up and down like crazy.. This thing bring positif result during minus floating cos the minus will be wipe out and price close on positif result (base on past action) but if you wanna play safe you may consider yo turn off the ea
Okay, thanks for the answer. I had another question that I forgot to include in my last post. And that question is: Do you exit your trades at the end of each week before the market closes? Or do you let the trades carry over into the weekend until the market opens again on Sunday? (Here in the United States it the market opens each Sunday. I don't know if it opens on Sunday or Monday in your country). In other words, do you ever exit trades for any reason (or turn off your EA for any reason) or do you let your EA run 100% of the time - including immediately when the market opens at 5:00pm EST on Sunday?
"Dream big and dare to fail." - Norman Vaughan
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