100 pips - page 14

[Tmac__]

teldon:
please attach the EA

I just took his text and compiled it in MT4

[Jussi]

100 pips limits

Dont drive it over the limits.. You need to know your account limits,leverage etc.. If you only drive it on max leverage,and on over limits,it well crash and burn..If you stop it at news time,and twice more it recharge your limits..

Stop time 1h.

I use it on 4 main currencys: USD-EUR,GBP-USD,USD-CHF,USD-JPY.

0 loss so faar!

Jussi

[auto]

Just a Tool

Jussi:
Hi. I am using a very effektive EA called 100 pips a day.. It makes in live account very high profit (70-120%/day) ..

Only problem is to shut down the program ..

It has about 500-650 open orders,and only way to stop it is to close all order manually one by one, and wait to price is correct for a close..

So is there anyone who have a idea,how to close the new orders,i well be

very thanksfull!!! I attach the EA here..

A few suggestions here ..

1) This version has bugs.. ExistPositionsneeds to be corrected .. like this - https://www.mql5.com/en/forum/173318/page7.

2) If you do not watch this EA, it will blowyour acc. It just fades the MA.

BUT, you can still make it work.. as follows ..

1) First decide what is the max you can lose in a day.

2) Not decided, go to 1.

3) Then getup early .. during Asian session start to Europe open.

4) Start the EA manually on ranging pairs .. check in 5 Min that MACD is oscillating.

5) When the profits accumulate to 100 pips .. your day is over.

6) When the losses cross your limit, your day is over.

7) Begin with 0.1% lot size .. increase it on every 10% profit.

8) Bottomline - you still have to work hard for every penny. No short cuts.

Now the juicy part .. the buggy EA can be veryprofitable ..

1) It will open a trade in everytick !

2) The trades accumulate very fast.

3) So you can get 100 pips in a very small time!!

4) It can also go against you - so choose Quiet market & Ranging Pairs

5) Maybe someone can modifyto make new trade with a small PipStepto make it more reasonable and in both direction based on signal.

So as you see .. there is nothing special in the EA - it's just a fast clicking tool. Power lies within you to select the trading time & pairs. And follow the equity stoploss discipline.

Let loose the trader within you.

Goodluck

[Jussi]

5000 Trades at time..

I usually use it to trade 5000-10 000 trades at time. I have stop watch it,becost with my schedual to turn of EA 3-5 times a day,it recharging you credit limits.

And when you start again,its starts from 0..

EA eats up your limits if you dont turn it off.

You can use it up to 3-4 days/24h day without a problem..

And sometimes problem can come at the first 6-7h trading..

I got a crash result i demo account when EA doing 200% profit in 6 hours..

In real account you dont have same problem,becost brookers server usually cant execute all trades in same speed as EA want it..

So that it self slow it down..

But its good setup alarms on eventually surprises..

So faar so good..

Cheers:Jussi

[auto]

If you add MaxOrder,PipStep and TimeDelay .. you can blow at your own speed

And yes .. a AccountTracker will help you to analyse which sessions are more profitable.

[Jussi]

Stop loss

Anyone tested stop loss 1000 to 100 or less?

Any code for to limit free margin and equity?

Cheers: Jussi

[auto]

Hi Jussi,

How was the dd today? Big moves in EU sessons.

regards.

[Jussi]

Hi Auto!

Yes is ok here .. Stop the machine for a time, when the drop comes.. Demos runing crazy.. This shown only that dont leave it alone.. Good alarm and stop system is allways good to have.. Lucky i just stop when first drops come .. After that i have not started again .. Runing demos and see what happening..

[kjhfdgjfhdghdf]

Post the source or no one can help fix it or make it better.

Posting ex4 is useless.

static:
Even if it did work, you would be lucky to find a broker which allows that style of trading.

FXDD don't complain I use scalping EA's open and close hundreds of orders in few mintues.

[Jussi]

Record so faar!

I put in some more currancys and get hugh record on one day..

More than 10 times profit in one day!! In close it get some drop,but anyway,this is very Good!!

Summary:

Deposit/Withdrawal: 0.00 Credit Facility: 0.00

Closed Trade P/L: 1 029 535.54 Floating P/L: -165 993.22 Margin: 733 750.00

Balance: 2 029 535.54 Equity: 1 863 542.32 Free Margin: 1 129 792.32

Details:

Graph

Gross Profit: 1 059 835.24 Gross Loss: 30 299.70 Total Net Profit: 1 029 535.54

Profit Factor: 34.98 Expected Payoff: 641.46

Absolute Drawdown: 0.00 Maximal Drawdown: 29 272.00 (1.46%) Relative Drawdown: 1.46% (29 272.00)

Total Trades: 1605 Short Positions (won %): 880 (100.00%) Long Positions (won %): 725 (95.03%)

Profit Trades (% of total): 1569 (97.76%) Loss trades (% of total): 36 (2.24%)

Largest profit trade: 4 172.00 loss trade: -1 449.60

Average profit trade: 675.48 loss trade: -841.66

Maximum consecutive wins ($): 1193 (641 608.04) consecutive losses ($): 35 (-29 272.00)

Maximal consecutive profit (count): 641 608.04 (1193) consecutive loss (count): -29 272.00 (35)

Average consecutive wins: 523 consecutive losses: 18

Cheers: Jussi