Discussion - page 4

 

I am looking at the trades and have funny idea. This idea is the following. We may estimate the market direction and trading signals according to the leading EAs openning the orders. Because these leading EAs are operating by different timeframes. So we may say "buy" or "sell" exact at the time.

 

Newly Joined

Hi Newdigital,

I joined today Elite Section, but sorry to say completely lost don't know from where to start and how to test EA, I downloaded Envelope 0.65 and applied on USDEUR but there is no indicator. Are EA not indicators? where are the rules to trade these EA also?

Can you please explain how to test or study these EA for complete newbies like me.

I would appreciate your help.

Thanks

 

Some members confused and asking where to start.

Start with "Weekly Performance" thread, then with "Weekly Leaders" and "Total Leaders" thread. Try to find EAs (one or two) which you like. Then go the EAs section in this elite forum: for example if you selected Envelope so go to this thread. And try to follow your EAs according to the trades, discussions and so on.

Besides you should have you own MM. It means try to estimate the future possible losses and profit and may be you need two EA instead of one to trade (it depends on your own MM and how often the particular EA is trading etc).

Usually experienced traders are asking about the losses more than about the profit. If they selected some EA for the real trading they are glad to see more losses on demo testing with this EA.

 
laserjet:
Hi Newdigital,

I joined today Elite Section, but sorry to say completely lost don't know from where to start and how to test EA, I downloaded Envelope 0.65 and applied on USDEUR but there is no indicator. Are EA not indicators? where are the rules to trade these EA also?

Can you please explain how to test or study these EA for complete newbies like me.

I would appreciate your help.

Thanks

EA is Expert Advisors. Place it in /experts folder.

And read these posts how to start https://www.mql5.com/en/forum/172968

Besides the Codersguru lessons are very good as well http://www.metatrader.info/ or you may find some infor in Codersguru development courses https://www.mql5.com/en/forum/general

 

Best Broker??

Hello! Everyone,

Can someone tell me which is the best broker that uses MT4 (good for EA based trading) with no dealing desk and immediate trade execution? Also has good leverage and mini accounts (micro accounts not important).

Thank you.

 
FX-Hedger:
Hello! Everyone,

Can someone tell me which is the best broker that uses MT4 (good for EA based trading) with no dealing desk and immediate trade execution? Also has good leverage and mini accounts (micro accounts not important).

Thank you.

We have this thread https://www.forex-tsd.com/forum/commercial-talks/65-mt4-brokers-metatrader-brokers

 

Tomorrow I will finish the weekly analysis for several EAs (and for STI EA as well).

 

Mandarine (with 100 profit level) did two trades which were closed today:

- GBPUSD with 100 pips in profit; and

- EURUSD with 100 pips in profit as well.

Scalp_net is doing the good job on EURUSD once again (see image).

StepMAExpert_v1.1_mod is doing good (look at the image).

Files:
1_7.gif  35 kb
2_5.gif  39 kb
 
FX-Hedger:
Hello! Everyone,

Can someone tell me which is the best broker that uses MT4 (good for EA based trading) with no dealing desk and immediate trade execution? Also has good leverage and mini accounts (micro accounts not important).

Thank you.

You can also contact Ryan Best rbest[at]tradingintl.com to get setup with a broker who meets the criteria that you want.

 

Downloadlinks

Hi guys,

I am new to elite.

But I have one suggestion to make.

Would it be possible to post the actual download link for covered EA in the first post of every EA thread?

Thanks.

Reason: