New Multi Lot Scalper - page 5
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
I just ran a quick backtest of this EA. I know backtesting isn't very accurate in MT4, but I just wanted to see what this thing could generate. I was following the development of this EA on the Yahoo MT group for a while, but forgot about the idea.
Results are very impressive with a 56.49% modeling quality. The results went back to the beginning of this year. The only thing I find strange is that in the last couple thousand trades, account equity has not grown. The balance has been around $750k since the middle of June. You could see the equity curve continue to grow at a steady pace for almost the entire year and then just go flat.
Obviously, an EA like this would require some special money management. The best idea I have heard so far is to pull equity out of the account after it grows a certain percent. For example, once you triple an account, you pull out your original investment. If I turn $5k into $15k, I pull out $5k. I then have $10k in the account. When I turn that $10k into $30k, I pull out $10k. I then have $20k in the account. This would prevent you from losing all of your money.i think it is limited to 50 lots
News
My latest News is: this EA is Great, but not on all brokers!
on Northfinance i get wrong trades the opposite from MIG.
example:
if MIG BUY eur/usd
NORTHFINANCE SELL eur/usd ... this is very strange any ideas why this is happening?
MIG always good results and on NF its very bad...
Thx for helps
My latest News is: this EA is Great, but not on all brokers!
on Northfinance i get wrong trades the opposite from MIG.
example:
if MIG BUY eur/usd
NORTHFINANCE SELL eur/usd ... this is very strange any ideas why this is happening?
MIG always good results and on NF its very bad...
Thx for helpsWell it is bad also on interbankfx. Makes significant gains, then loses all
within a short time.
scalping is good for very volatile broker
maybe
One of the previous statments was from Interbank FX. What borkers is everyone using?
My latest News is: this EA is Great, but not on all brokers!
on Northfinance i get wrong trades the opposite from MIG.
example:
if MIG BUY eur/usd
NORTHFINANCE SELL eur/usd ... this is very strange any ideas why this is happening?
MIG always good results and on NF its very bad...
Thx for helpsHello everyone again i use this Today too it makes me 3000$ profit again in MIG,
in Northfinance lost 3000$
is it because the Timezone from Northfinance is different???
Hello everyone again i use this Today too it makes me 3000$ profit again in MIG,
in Northfinance lost 3000$
is it because the Timezone from Northfinance is different???try to make the EA to trade the oposite way of MIG
maybe works
I see you guys say not to trade at certain times. Do you mean when certian news is announced you should stop all trading?
Also, could someone briefly explain a little question I had about the code.
If TP is set at 10 what does "secureprofit" mean?
If the SL is set at 100 why is there a trailing stop of 5?
what does AccountProtection = 1 OrderstoProtect = 13 mean?
Timezone data doesnt matter correct?
Do you stop trading during news announcements?
Has any1 tried this system live yet?
Do you have to keep the trading platform open 24 hours a day?
Thank you for your help!
i think that EA is riskier, i am testing since yesterday
Y..I agree.
I've been testing it as well.
This EA is definitely risky...