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My Successful EA (EA Attached)

  • #1
  • First Post: May 20, 2017 5:56am May 20, 2017 5:56am
Hello Everyone,
My story is not much different that your's. Because i am trading from last 6 years and i have been losing a lot of money. Then i found a EA that really work for me. EA is a little strange that close the losses first and then it bring your account balance down. while it keep open the profit trades to wait for long TP. Account balance may go down but account equity increase little by little. This EA really work for me and i am using it from june 2016 and now its already 11 months passed.
I ask you guys to find its strategy because i am unable to understand its strategy that why does it close losses first? and it keep open the profit trades. only sometimes it close the profit trades. Lets find its strategy and lets make it more profitable. I will be looking for your suggestions about it.
For your information.. this EA cannot be backtested. i think its blocked by its provider. But you may try it on forward test on demo account.
Thanks.
Attached File(s)
File Type: ex4 Hedge Grid.ex4   236 KB | 1,057 downloads
  • #2
  • May 20, 2017 7:20am May 20, 2017 7:20am
which pair and time frame for this EA ?
thanks !
  • #3
  • May 20, 2017 7:45am May 20, 2017 7:45am
You know, having a friend working as a broker, seeing the back office, and after watching this video, i don't have much hope for conventional retail trading strategies.

Please watch this video:
Inserted Video


It is time that we realize what we are up against, and who is against us, and why we are loosing so much money all the time.

Most EA's is designed to make brokerage and then to blow up, it is not designed for you to make money. Find a market theory that makes sense for you, then get good rules that you would like to execute that theory, take those rules, automate them, and back test them, build good money risk management into them, and then make a decision to stick to the system during draw downs, because you will have them, no one can be 99% of the time right.

Also, a good system has a average winner bigger than its average winner. The systems that make 5 or 10 pips per trade, but holds onto the -200 pip trades 'hoping' it will return is not a good system.
hope when you are in a winner that it will go to the moon, fear when you are in a loser.

my best regards
  • #4
  • May 20, 2017 8:04am May 20, 2017 8:04am
Following your work. Thanks ans Regards
  • #5
  • Edited 2:52pm May 20, 2017 2:07pm | Edited 2:52pm
Quoting Bluecap
You know, having a friend working as a broker, seeing the back office, and after watching this video, i don't have much hope for conventional retail trading strategies. Please watch this video: https://www.youtube.com/watch?v=L7G0OfJUON8 It is time that we realize what we are up against, and who is against us, and why we are loosing so much money all the time. Most EA's is designed to make brokerage and then to blow up, it is not designed for you to make money. Find a market theory that makes sense for you, then get good rules that you...
Thanks for sharing this vid. I have never seen anything before like this. It was an eye opener about retailtraders vs. professional traders. Everyone here on FF should watch this video. It might be taken offline soon though if the word gets out. (in fact it has been down once already).

 

  1. "...How long does it take to open a trading account? 10 minutes? Sign TOS ("I am happy to lose all my money, and broker is not responsible"). Done. By doing that, a broker, who never met you, is willing to lend you (a total stranger), 100 times of what you put into your trading account..." Think about that for a minute.

  1. "...90% of retailtraders lose 90% of their equity within 90 days. 30-50% of the spread and commision will be used by brokers to find and sign up new retail traders...".

A must-see!

  • #6
  • Edited 6:47am May 21, 2017 5:24am | Edited 6:47am
Antons seminar was really interesting, but...

1) How do we know we wont be bitches of his trading education institute ITPM, all that seminar is telling how unlucky and fucked up are retail traders and only in last 10 minutes Anton quickly suggests to copy Goldman Sachs and go to see his website. I looked into that website which is offering trade courses for 3 000 usd and later suggests to open brokerage account depositing at least 15 000. so how do we know we are not fucked up by ITPM institute spending at least 18 000 just for possibility become successful traders?

2) If you look Antons seminar, it just tells you how hopeless is to be retail trading and all indicators as well as technical analysis is bullshit, because only one right strategy is made by pro investors - monthly multiposition portfolios, trading 80 perc. fundamental and 20 perc. technical (PA) analysis, etc.

So all in all seminar is interesting but very discouraging for retail traders and agitating for signing up with ITPM, which is suspicious to my mind, but everyone thinks for himself, its just my opinion.
Resistance is futile. Volatility will be assimilated.
  • #7
  • May 21, 2017 9:25am May 21, 2017 9:25am
Quote
1) How do we know we wont be bitches of his trading education institute ITPM, all that seminar is telling how unlucky and fucked up are retail traders and only in last 10 minutes Anton quickly suggests to copy Goldman Sachs and go to see his website. I looked into that website which is offering trade courses for 3 000 usd and later suggests to open brokerage account depositing at least 15 000. so how do we know we are not fucked up by ITPM institute spending at least 18 000 just for possibility become successful traders?

The point is not the trading education, but that we should know what we are up against. Also that the so called "educators" has a conflict of interest and that they promise us a dream and sell it to us, but none of them make money from trading. These trading educators's conflict of interest is that make commissions on our trades.

I think trading is doable for someone to make money, but don't think you will make 10 000 a month, when you deposit 5000. With trading you should have a long term goal, and keep the risk low, hit ratio is overrated.

Also the A book B book concept is true, and that 90% of traders lose all their money eventually, and those brokers literally make your money that you lose by taking on the risk.

NB. Is all brokers bad and evil - NO! We need them, and they need us, but we as retail traders, need to wake up and smell the coffee. The reality is, it can be done, but the system is not build for us to win..

best regards
  • #8
  • May 21, 2017 10:35am May 21, 2017 10:35am
Quoting Bluecap
You know, having a friend working as a broker, seeing the back office, and after watching this video, i don't have much hope for conventional retail trading strategies. Please watch this video: https://www.youtube.com/watch?v=L7G0OfJUON8 It is time that we realize what we are up against, and who is against us, and why we are loosing so much money all the time. Most EA's is designed to make brokerage and then to blow up, it is not designed for you to make money. Find a market theory that makes sense for you, then get good rules that you...
This is what I've been looking for. Thank you very much for sharing this with us.
  • #9
  • May 21, 2017 3:04pm May 21, 2017 3:04pm
Quoting Bluecap
You know, having a friend working as a broker, seeing the back office, and after watching this video, i don't have much hope for conventional retail trading strategies. Please watch this video: https://www.youtube.com/watch?v=L7G0OfJUON8 It is time that we realize what we are up against, and who is against us, and why we are loosing so much money all the time. Most EA's is designed to make brokerage and then to blow up, it is not designed for you to make money. Find a market theory that makes sense for you, then get good rules that you...

Don't waste time on the Anton video... Lecturing some facts doesn't mean anything. Whoever he works for are just sharks to take your hard earned money.
  • #10
  • May 21, 2017 4:13pm May 21, 2017 4:13pm
thanks for share robotrater. what pairs and timeframe do you recommend?

ps i dont know why this is has been moved to trading journals when you have shared an EA. anyways

Quoting Robotrater
Hello Everyone, My story is not much different that your's. Because i am trading from last 6 years and i have been losing a lot of money. Then i found a EA that really work for me. EA is a little strange that close the losses first and then it bring your account balance down. while it keep open the profit trades to wait for long TP. Account balance may go down but account equity increase little by little. This EA really work for me and i am using it from june 2016 and now its already 11 months passed. I ask you guys to find its strategy because...
  • #11
  • May 21, 2017 6:32pm May 21, 2017 6:32pm
Quoting Bluecap
You know, having a friend working as a broker, seeing the back office, and after watching this video, i don't have much hope for conventional retail trading strategies. Please watch this video: https://www.youtube.com/watch?v=L7G0OfJUON8 It is time that we realize what we are up against, and who is against us, and why we are loosing so much money all the time. Most EA's is designed to make brokerage and then to blow up, it is not designed for you to make money. Find a market theory that makes sense for you, then get good rules that you...
Mate, I'm glad I'm not the only one who knows this but try telling people here they Never listen and the cycle continues.
having a friend as a broker is gold . What other information did he reveal ?
  • #12
  • May 21, 2017 11:57pm May 21, 2017 11:57pm
Quoting blamshakk
thanks for share robotrater. what pairs and timeframe do you recommend? ps i dont know why this is has been moved to trading journals when you have shared an EA. anyways {quote}
TimeFrame H1 and pairs. EURUSD, GBPUSD, AUDUSD, USDJPY, USDCAD, USDCHF and AUDUSD... You may use all pairs in the same time or maybe even one pair. As you like. But by default inputs you may use all in same time. and it usually double your account in a month.

Remember that account balance may go down. but account equity will increase for sure..
  • #13
  • May 22, 2017 4:30am May 22, 2017 4:30am
Quoting Robotrater
{quote} TimeFrame H1 and pairs. EURUSD, GBPUSD, AUDUSD, USDJPY, USDCAD, USDCHF and AUDUSD... You may use all pairs in the same time or maybe even one pair. As you like. But by default inputs you may use all in same time. and it usually double your account in a month. Remember that account balance may go down. but account equity will increase for sure..
Hello,


Running full time?
  • #14
  • May 22, 2017 4:44am May 22, 2017 4:44am
How do your EA works? Explain it so that others can also take advantage of it.
Before it goes fails....
  • #15
  • May 22, 2017 10:15am May 22, 2017 10:15am
Quoting Pip-Miner
{quote} Mate, I'm glad I'm not the only one who knows this but try telling people here they Never listen and the cycle continues. having a friend as a broker is gold . What other information did he reveal ?
He said that most of the traders has a VERY high hit rate, like they are right 90% of the time, BUT they lose money because there losers is way bigger than their winners. He also thinks the reason why they have such a high hitrate is because they don't close the losing trades, they somehow hold on to it.

He said that trading is not for everyone, and he is not afraid to tell that to some people.
  • #16
  • May 22, 2017 10:21am May 22, 2017 10:21am
This thread is a con
The EA lists a website that built the EA
I went to the website and it sells this EA and another one
It says you can register to try both EA's for free so I registered, I then got an email saying they no longer do free trials and you have to pay
I don't think so, what is it with these snakes, just another thread selling crap!!
  • #17
  • May 22, 2017 10:25am May 22, 2017 10:25am
Quoting TradeGraph
{quote} Don't waste time on the Anton video... Lecturing some facts doesn't mean anything. Whoever he works for are just sharks to take your hard earned money.
Facts is a truth you can base reality on, atleast he is not afraid to call a spade, a spade. Whether he is selling a trading course or not, what he is sharing is the truth. You can either be open and receive it, and learn something by it, OR, you can chose to ignore it, and fall into the same trap.

This truth, can change the industry for retail traders. The sharks out there is the market lecturers who promises a lifestyle as traders, but who has no track record, nor real trading experience.

My story - i love trading, i am enjoying every moment of it. I started out working for a company who did trading courses, lecturing and mentoring these courses as 'professionals'. Giving people the hope of the dream to one day be "financially independent", until i outgrew the company and learned so much by trading, that i realized, what we are doing is not the right thing, so i resigned, and moved on.

It is now been almost 4 years later.

Having a brokerage account is necessary, but just be realistic about it, and find a mentor who is actually doing it full time with a track record.
  • #18
  • May 22, 2017 10:27am May 22, 2017 10:27am
Quoting schoe
This thread is a con The EA lists a website that built the EA I went to the website and it sells this EA and another one It says you can register to try both EA's for free so I registered, I then got an email saying they no longer do free trials and you have to pay I don't think so, what is it with these snakes, just another thread selling crap!!
@schoe, check the video i posted....

There is some good threads on Forex Factory... just keep searching
  • #19
  • May 22, 2017 5:15pm May 22, 2017 5:15pm
Quoting Pip-Miner
{quote} Mate, I'm glad I'm not the only one who knows this but try telling people here they Never listen and the cycle continues. having a friend as a broker is gold . What other information did he reveal ?
I have several close friends who are working at FXCM, Pepperstone. And in high position
This is not investment/trading advise. Will not hold accountable for loss
  • #20
  • May 22, 2017 5:17pm May 22, 2017 5:17pm
Quoting Bluecap
You know, having a friend working as a broker, seeing the back office, and after watching this video, i don't have much hope for conventional retail trading strategies. Please watch this video: https://www.youtube.com/watch?v=L7G0OfJUON8 It is time that we realize what we are up against, and who is against us, and why we are loosing so much money all the time. Most EA's is designed to make brokerage and then to blow up, it is not designed for you to make money. Find a market theory that makes sense for you, then get good rules that you...
Please could tell us what is conventional and contemporary trading style?
This is not investment/trading advise. Will not hold accountable for loss
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