Ricardo Penders
- CEO al Home Business
- Paesi Bassi
- 567
There are a few things I've invested my time and money in to figure out what works for me to get to where I want to go which is to be financially independent.
If you have been looking for a reliable and honest broker, look no further. I have been trading with FXChoice for a while now and I am extremely happy with their service.
In addition to very competitive trading conditions, their customer support is available 24/5.
If you open a live account with them by clicking on the referral link I have posted below, you will receive a one-time 15% deposit bonus.
1. My Personal sign up link here: https://my.myfxchoice.com/registration/?refer=31562
(use this link if you want to be able to copy exactly what I'm doing on my personal real account)
2. Introducing Broker client sign up link here: https://my.myfxchoice.com/registration/?ib=44802
(use this link if you want me to help you get setup for automatic trading, signals, hosting etc.)
Whenever you use a different broker you need to know that even with all the same indicators, EA and on the same time frame you will NOT have the same results, I know that your 4H chart on the same forex pair as my 4H chart don't even look the same...
I can't stress this enough that it's very important that you're using the same broker as the one you're copying trades from or use scripts, signals, EA's etc. this is why so many traders are losing money when they are using an EA with the values and settings according to the provider and you can see that they are making profits.
MetaTrader 5 is the only thing for me that gives me what I want to help me have the confidence to know when to get into a trade and after that point I needed to eliminate my personal shortcomings with at the top of the list is emotion and knowing when to get out of a trade, that's easy with this platform because I have all that fully automated using an EA that I found to be consistently profitable... Most of the work I'll keep doing manually such as getting into a trade, research of signals looking at the charts with my personal preference of indicators, account preservation, eliminating as many risks as possible such as preventing a margin call, minimal drawdown etc. but that's only because I haven't found the right fully automated EA that gives me profits consistently if at all and I'm not really comfortable to give up that much control knowing that getting the exact same results is close to zero.
One of the best things is that with MetaTrader 5 I'm able to trade without the broker seeing my SL and TP levels or the strategy because all that is automated by the EA and done virtually on my computer, this gives me the edge to be consistently profitable.
To my opinion MetaTrader 5 is the only platform that has it all and is not dependant on one particular broker so I'm not bound to some bullshit I don't want or like... I don't know why but only MetaTrader 5 works for me and it's the only platform giving me the tools to be profitable or set the level to break even taking into account what always goes to the broker on every trade I make, knowing this in a worse case scenario when the market goes completely against what I expected it to do I will turn it around to make a minimal amount of profit and get out, at least I'm not losing anymore using MetaTrader 5.
That's a bit about me and how I came to trading online using the MetaTrader 5 platform, MQL5 community and all the goodies it comes with.
Check out the Script I coded that instantly changes the active chart into a much better usable and readable chart with the necessary indicators to give you an overall look at the market and see the signals lining up, when most of the indicators line up that's giving you the signal to enter a trade... This is what I always change at first on a new active chart because it instantly shows what you need to my opinion.
Here's the link to my Script: https://www.mql5.com/en/code/12006
For general info about my script go to the forum here: https://www.mql5.com/en/forum/37975
For detailed info about my script go to my blog post here: https://www.mql5.com/en/blogs/post/722108
If you have been looking for a reliable and honest broker, look no further. I have been trading with FXChoice for a while now and I am extremely happy with their service.
In addition to very competitive trading conditions, their customer support is available 24/5.
If you open a live account with them by clicking on the referral link I have posted below, you will receive a one-time 15% deposit bonus.
1. My Personal sign up link here: https://my.myfxchoice.com/registration/?refer=31562
(use this link if you want to be able to copy exactly what I'm doing on my personal real account)
2. Introducing Broker client sign up link here: https://my.myfxchoice.com/registration/?ib=44802
(use this link if you want me to help you get setup for automatic trading, signals, hosting etc.)
Whenever you use a different broker you need to know that even with all the same indicators, EA and on the same time frame you will NOT have the same results, I know that your 4H chart on the same forex pair as my 4H chart don't even look the same...
I can't stress this enough that it's very important that you're using the same broker as the one you're copying trades from or use scripts, signals, EA's etc. this is why so many traders are losing money when they are using an EA with the values and settings according to the provider and you can see that they are making profits.
MetaTrader 5 is the only thing for me that gives me what I want to help me have the confidence to know when to get into a trade and after that point I needed to eliminate my personal shortcomings with at the top of the list is emotion and knowing when to get out of a trade, that's easy with this platform because I have all that fully automated using an EA that I found to be consistently profitable... Most of the work I'll keep doing manually such as getting into a trade, research of signals looking at the charts with my personal preference of indicators, account preservation, eliminating as many risks as possible such as preventing a margin call, minimal drawdown etc. but that's only because I haven't found the right fully automated EA that gives me profits consistently if at all and I'm not really comfortable to give up that much control knowing that getting the exact same results is close to zero.
One of the best things is that with MetaTrader 5 I'm able to trade without the broker seeing my SL and TP levels or the strategy because all that is automated by the EA and done virtually on my computer, this gives me the edge to be consistently profitable.
To my opinion MetaTrader 5 is the only platform that has it all and is not dependant on one particular broker so I'm not bound to some bullshit I don't want or like... I don't know why but only MetaTrader 5 works for me and it's the only platform giving me the tools to be profitable or set the level to break even taking into account what always goes to the broker on every trade I make, knowing this in a worse case scenario when the market goes completely against what I expected it to do I will turn it around to make a minimal amount of profit and get out, at least I'm not losing anymore using MetaTrader 5.
That's a bit about me and how I came to trading online using the MetaTrader 5 platform, MQL5 community and all the goodies it comes with.
Check out the Script I coded that instantly changes the active chart into a much better usable and readable chart with the necessary indicators to give you an overall look at the market and see the signals lining up, when most of the indicators line up that's giving you the signal to enter a trade... This is what I always change at first on a new active chart because it instantly shows what you need to my opinion.
Here's the link to my Script: https://www.mql5.com/en/code/12006
For general info about my script go to the forum here: https://www.mql5.com/en/forum/37975
For detailed info about my script go to my blog post here: https://www.mql5.com/en/blogs/post/722108
Ricardo Penders
So I'm still using the utility EXP-ASSISTANT and I left my last trade active through the weekend, I would never do that before I discovered this automated assistant.
Now that I'm better educated and know when to get into a trade and with this utility I have a lot more confidence trading anything I want because it will get me out of the trade at the right time which is something I can't do by myself because there are too many things influencing me and too many signals to keep track off which is humanly impossible for just one person.
Now with this utility I haven't lost anymore, all trades I entered last week and this week were profitable or at least got me to break even which is awesome, I can't believe it myself that this utility can be the holy grail to trade profitable all the time.
Here's the link to the awesome free to use utility - https://www.mql5.com/en/market/product/4477
And below I've attached an image of my active workspace to show you how I've set the utility on the 1H USDCHF chart for the one active trade to buy 0.01 lots using the information coming from the indicators I'm using and the news messages on this pair.
Now that I'm better educated and know when to get into a trade and with this utility I have a lot more confidence trading anything I want because it will get me out of the trade at the right time which is something I can't do by myself because there are too many things influencing me and too many signals to keep track off which is humanly impossible for just one person.
Now with this utility I haven't lost anymore, all trades I entered last week and this week were profitable or at least got me to break even which is awesome, I can't believe it myself that this utility can be the holy grail to trade profitable all the time.
Here's the link to the awesome free to use utility - https://www.mql5.com/en/market/product/4477
And below I've attached an image of my active workspace to show you how I've set the utility on the 1H USDCHF chart for the one active trade to buy 0.01 lots using the information coming from the indicators I'm using and the news messages on this pair.
· 2
Ricardo Penders
2019.08.21
Two hours into the trade I'm already profitable again so it's looking good
Ricardo Penders
I just started using an automated assistant called EXP-ASSISTANT which is free and it helped me within half an hour to close my first order I opened manually on my real account...
Here's the link to the Utility - link:https://www.mql5.com/en/market/product/4477
Installation was straight forward, I didn't have to make any changes to it and worked out of the box, the only thing I needed to do is to make sure that Automated Trading is on, put in the values I want it to do for me automatic so I can leave after I opened a new order manually which is what I want.
I'm very impressed with this utility and now I wish that I started using it earlier.
Below I've attached a screenshot to show you how I'm using it and on which chart and the 1M chart is just open for me personally to have an extra indicator to enter the trade on the 1H chart where I'm using the utility to figure out everything else fully automatic, I can tell you it takes away all thing I normally worry about and I'm now confident enough to leave my computer after I opened one or more trades.
Here's the link to the Utility - link:https://www.mql5.com/en/market/product/4477
Installation was straight forward, I didn't have to make any changes to it and worked out of the box, the only thing I needed to do is to make sure that Automated Trading is on, put in the values I want it to do for me automatic so I can leave after I opened a new order manually which is what I want.
I'm very impressed with this utility and now I wish that I started using it earlier.
Below I've attached a screenshot to show you how I'm using it and on which chart and the 1M chart is just open for me personally to have an extra indicator to enter the trade on the 1H chart where I'm using the utility to figure out everything else fully automatic, I can tell you it takes away all thing I normally worry about and I'm now confident enough to leave my computer after I opened one or more trades.
· 2
Ricardo Penders
Check out my Script I made to give you an Instant Edge as a Trader
25 ottobre 2018, 06:26
MetaTrader Script gives you an instant edge over the standard chart If you live in Europe and you want to trade online you must use a brokerage which is IFSC Regulated otherwise you just can't trade online, I highly recommend you to use the one I'm using for years already which is FXChoice When I...
· 1
295
Ricardo Penders
Whatever people say about Bitcoin it still is highly volatile and there are enough opportunities to earn big...
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1294
1
Ricardo Penders
Codice pubblicato Script and Template for Market Analysis
Script to apply my template to all charts opened.
2670
Ricardo Penders
Post pubblicati Inspired by the article about Neural Networks and made an EA based of that.
I'm working on a very complicated EA now it has Artificial Intelligence using a Neural Network with OpenCL and it's self-learning...
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1075
6
Ricardo Penders
I'm a first time user on this platform and I'm busy to make myself familiar with the software and the MQL5 community. So if anyone has some tips or willing to share some examples with me on how to make a custom self learning expert advisor using the neural network your welcome to leave your comment here. Thanks.