Pedro Miranda
Pedro Miranda
I don't believe trading is a productive activity for society.
For me, trading is a way of escaping the capitalism by joining the capitalism, in its very heart.

My stats on real accounts and demo accounts (mainly automated trading):
http://goo.gl/u8xrvm
Pedro Miranda
Pedro Miranda
Another silly grid / martingale EA? No... Just bitcoin prices...
jey son
jey son 2018.03.21
:D
Pedro Miranda
Pedro Miranda
Seems like a good Asian Session strategy:
https://www.mql5.com/en/signals/181438
Pedro Miranda
Pedro Miranda
Reasons why tick scalpers very rarely (not to say never) work on Metatrader 4:

1 - Metatrader looses (misses) from 30% to 40% of real market ticks (because it is too slow to process them) leaving with much less information and a considerable delay while trading.


2 - Metatrader 4 doesn't have Depth Of Market information, leaving us only faith on stats while opening a position. We don't know if there is a wall of pending orders on the other side of our trade.


3 - Big investment companies have developed million dollar HFT systems that are simply great arbitrage machines, chasing all stops in the market, and we can't compete with that if we are not millionaires and if we can't develop our own system. Furthermore those HFT systems are trained to recognized players in the market. If we start gaining consistently and with big lot sizes, the HFT will detect us and start to profit on us. They have enough margin to make the market move in small percentages.

4 - If someone ever develop a tick scalper that work on MT4 and start selling the EA, very quickly the market will be invaded by tons of similar orders, and the liquidity of the market won't be as great as before the EA became popular.
Pedro Miranda
Pedro Miranda 2016.01.18
Just to add some conclusion do my thoughts. Metatrader 5 would be an alternative for Tick scalpers, since it offers DOM, also Metaquotes have managed to reduced tick losses to zero on MT5, and now they even offer a bridge to Graphcial boards processors, which would allow us to make real HFT EAs with MT5.
Boon Wah Lim
Boon Wah Lim 2016.01.18
Good analysis Pedro. Looks like its time to take MT5 tickscalper EAs more seriously
Cornelis Duiker
Cornelis Duiker 2016.07.13
Nice Post Pedro..
Pedro Miranda
Pedro Miranda
Anyone knows a broker offering MT5 for COMEX / CME? Please let me know! I really want to trade with a centralized market. I am tired of Forex craziness. I need a stable, fair ambience... where I can control slippage and so on. ECN is shit.
Pedro Miranda
Pedro Miranda
I have been coding some MT4 and MT5 EAs, and to make simple tasks happens we need to code dozens of lines. My last EA had more than 1000 lines, since I need to code an entire new function for everything I want to do. Today I just discovered EasyLanguage. In less than 100 lines I did code the same strategy as would take 1000 lines in MQL4/5... Metaquotes could also implement a library of functions to make it easier for us. I know, there are a lot of great articles in the community. But having a library of the most used functions would be great. Like TrailingStop and BE functions. Money Manager (Lotsize) functions. Date and time limitators functions would be a start. But many others can be implemented, whcih would saver hours and hours and hours of programming.
Khurram Mustafa
Khurram Mustafa 2016.01.05
and what is that language?
Pedro Miranda
Pedro Miranda 2016.01.05
It is a Language created by Tradestation, and used in other softwares like Multicharts, OEC Trader (OpenECry) and maybe some others. Even a non programmer could make a strategy in minutes.
Pedro Miranda
Pedro Miranda
That was a hell of a NFP!!! I did a lot of pips straddling the News! Uhuuu!
Pedro Miranda
Pedro Miranda 2015.11.06
26 pips slippage on my TP... but who cares when we make 47 pips of profit in 10 seconds?
Pedro Miranda
Hat eine Bewertung über den Entwickler hinsichtlich des Auftrags BolingerBand Simple Strategy abgegeben
Pedro Miranda
Hat eine Bewertung über den Entwickler hinsichtlich des Auftrags Dual-Currency to Multi-Currency abgegeben
Pedro Miranda
Pedro Miranda
We are back to 2013! The biggest WTF of the last 5 years, maybe of the decade. Lol... hopefully I was lucky today and got positive in all accounts I traded.
Pedro Miranda
Pedro Miranda 2015.08.24
I did more than 500 pips today. Kind of cool... Feeling like a big opportunist.
Pedro Miranda
Pedro Miranda
Revolution is about to begin! I found my holy grail. And it's simpler than you can imagine!
Just fucking awesome.
Pedro Miranda
Pedro Miranda 2015.06.20
10K in 1 million in only 6 months!
Pedro Miranda
Hat eine Bewertung über den Entwickler hinsichtlich des Auftrags Remote Authentication abgegeben
Pedro Miranda
Pedro Miranda
Forex Stay seems sensational to me:
https://www.mql5.com/en/signals/89867
Osiris
Osiris 2015.03.30
they are now the hottest thing in MQL
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