Kwok Fung Chan
Kwok Fung Chan
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10+ years
experience
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products
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Kwok Fung Chan
Added topic Lowest commission Zero spread ECN broker for high frequency scalping
I am going to buy an EA that scalps, sometimes it wins with less than a pip. Around 3000 trades a week. With few micro-pips winnings, which zero spread broker has the lowest commision? Or I can't even make money on that few micro-pips with commision
Kwok Fung Chan
Added topic Backtesting in MT4 finished with no trade
I bought a number of ea and when I try to backtesting it, it just finished with no trade were made with 99% modeling quality. It happened to three of my EAs, but with the built-in EAs like the MACD it has no problem. I'm using Mt4 build 765
Kwok Fung Chan
Added topic Same broker: standard V.S. ECN account
My broker offers standard and ecn account. Are there any disadvantages to switch from trading ECN to standard account? Because I have an Expert advisor that doesn't support ECN account
Kwok Fung Chan
Added topic Calculate the maximum risk % i can safely trade for an EA base on its statistics
i am new to forex and I have bought an EA online. If I want to grow my account faster, what is the maximum risk I can safely trade for this particular EA: It has a win ratio of 72%, average wins of 28 pips and average lost of 28 pips also
Kwok Fung Chan
Added topic Forex newbie want to grow my account fast
I was a binary option trader but now switched to real forex. I feel that forex trading is very different than binary option trading. i want to grow my account fast because i quitted my job due to health problem. And since I don't have a strategy to
Kwok Fung Chan
Added topic Should I trade forex
I was a binary option trader. But have not been successful at all. Now i am switching to real forex trading. My questions are: Is it really 95% of forex traders keep loosing money? Is it hard to earn money consistently in forex trading? I've learnt a
Kwok Fung Chan
Added topic This Bollinger bands indicator with alert need some recode
I can only enter integer into the Deviations box. If possible please draw an arrow on the chart please, Red for put and Green for call. thanks Here is the indicator: bollitoucher.mq4
Kwok Fung Chan
Added topic Lot size of trading signal
let say the signal author trade a fixed lot size of 0.01 and he has a balance of $100 in his account now. If i have $100000 in my account do i still trade only 0.01
Kwok Fung Chan
Added topic An EA cheated the backtester? Biggest scam in my forex life!
I test more than 3000 EAs and i never came across something like this. I know EAs can be very different in real world than in backtest because of slippage and spread, most of these are short term trader. But I found a long term swing trader that uses
Kwok Fung Chan
Added topic Can Stoploss stop weekend-gap?
If i place a trade and a stoploss with it on Friday , what will happen on monday if the weekend gap goes over my stoploss
Massimo Ferretti
Massimo Ferretti 2016.12.20
If the Monday open is over/under your stop loss, the Stop loss is reached, but be carefully because in these conditions often you can lose more that Stop loss, due to slippage and/or the increasing of spread near open. Recently I have published an interesting Indicator that trace for every currency the actual and the maximum value of spread during day. This product is
https://www.mql5.com/en/market/product/19663.
Bye Massimo Ferretti.
Kwok Fung Chan
Added topic Maximum allowed drawdown with 100% stopout level broker?
As title, how do i calculate the max drawdown
Kwok Fung Chan
Added topic Which indicator can show Maximum number of orders allowed to open at a time?
I want to know the Maximum number of orders I can open in my account at a time. Octafx replied me there is no limitation, I need to verify it
Kwok Fung Chan
Left feedback to developer for job Fixing an old mq4 EA code to make it work
Kwok Fung Chan
Added topic Mt4 terminal does not auto update
I am stuck at build 950, all of my mt4 installations are same. After upgrading to windows 10 it has not updated once
Kwok Fung Chan
Added topic EA that trade .ex4 indicator signal
I need an ea that can trade ex4 indicator signal. My indicator have output buffer and draw arrows . can someone please tell me where i can find an EA like this