50 pips best trading system ever... - page 5
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Just share my experience....2 years a go i trade with my friend in real account n use this system, (blessingfx create by mr.rifovalas) we trade in GBP/USD our equity is $500 n always start with 0.1 lot, for first month we make a good pips everyday like a fix income n we very happy but in next month someday GBP/USD turning down for 550 pips and just in a few hours our account is blow up actually we have to inject our deposit but we don't, so a pips we create for a month is blow up just in a few hours and now we never use this system again.
My suggest is if you dont have a "strong" psychology...never use this system but if you have a"strong" psychology n a big deposit...you can try to use this system.
Just my opinion....peace
Hi! Manju,
Could you share your system with us ?. Teach us how to trade.
Regs
Satya
Hello Nagamanju, thanks for the money making machine. i can say it's a very good, reliable and profitable system. but it's a little bit confusing or maybe i don't understand it yet.I will try to read it over and over again to catch the terminology. I will be glad if you can help me to grow on it.
regards.
Eki.
Just share my experience....2 years a go i trade with my friend in real account n use this system, (blessingfx create by mr.rifovalas) we trade in GBP/USD our equity is $500 n always start with 0.1 lot, for first month we make a good pips everyday like a fix income n we very happy but in next month someday GBP/USD turning down for 550 pips and just in a few hours our account is blow up actually we have to inject our deposit but we don't, so a pips we create for a month is blow up just in a few hours and now we never use this system again.My suggest is if you dont have a "strong" psychology...never use this system but if you have a"strong" psychology n a big deposit...you can try to use this system.Just my opinion....peace
With $500 account to trade 0.1 lots? You must be greed kamikaze? You wouldn't blow your account with 0.01 lots for sure. Secure account for 0.01 lots (micro) is $ 1.000, for 0.1 lots (mini) is $3.000 and that's all for trading one pair! It is like go to casino with $10 expect to make $1.000! Must have a big fortune but we don't count on fortune in Forex trading but on common sense.
Act according to how much equity do you have! Compound and if enough then rise the lot's size.
Hermes777
Am attaching the EA, i wrote based on the attachment. I also made a small change in risk based lot size calculation. My code usually have very little bugs, i wont say its bug free. In my backtests, it is showing good positive results for some month. It is also blown my account in some month. Since its a kind of martingale type system, there is no gurantee for our investment. Enjoy friends.
Hi,
I have tested this ea with very good results but the thing is that because of spread the BUY TRADES need to have 30 pips TP while the SELL TRADES should keep the 20 pips TP
Also It would be great if there would be a function which can make changes with the sequences in case of GAP
for example if there is a GAP after 0,4 position the next one should not be 0,8 but according to the GAP's size following the 20 pips sequence - let's say 0,16 if the gap's size is more than 30 pips after 0,4 position
please let us know if you can code this to the ea