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Try your Forex Robot with a small deposit, with leverage 1:3000 on ZERO Spread Forex account!


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Posts found: 1,201 to 1,210 of 3,097

1,201

(3 replies, posted in New Forex members start here)

Hi Cherry, hope everything will goes well to you! Start a demo trading first for 2-3 months in profit before do a live trading!

1,202

(1 replies, posted in ► General Forex Talk)

but bro, pips give you profit hmm
how could you ignore it?

1,203

(1 replies, posted in ► General Forex Talk)

i think better focus on Take Profit and Stop Loss. i might be wrong though.

it depends on the risk .

ea u can set high risk which can give out returns up to 100% per month whereas low risk can make profit avg 20-30% per month .

1,205

(1,047 replies, posted in ► FOREX ROBOTS - Upload & Download FREE Forex Robots)

I've posted all of my findings and all of my set files and configuration already throughout the past 3 - 5 pages of this thread.


The problem with backtesting and demo testing that most people don't understand is that you have to compensate for time loss, no actual trade execution, you can't use dual ea's in the tester. etc.. You just have to compensate for all of the things that happen when you actually go live. Keep your eyes open and look at what happens when you are live trading. 


Are your trades too big in low liquid hours ? 

How often does the robot win? 

How close is your stop loss

The tester does not use spread in the history. Even if it says it does, it does not. I can put a 2 pip SL and only get hit 30% of the time. So we have to account for that as well.

Are you trailing and how fast ? 

Are you locking in profit as a jump stop or trail ?

on and on and on... etc.. etc..

You need to ask yourself these questions. Then you can backtest and trade live, safely and easily.

Misty Horivak wrote:
ih10 wrote:

Thanks Misty for sharing the results,
i'm struggling with the RoNz settings; appreciate to share yours




Ronz is for 5 digit brokers. So if you are on a broker that has GBPUSD at 1.24426 then you are on a 6 digit broker. So add one more digit. That digit may be a zero. Fractal pip.

hi again,yes mine is 6 digit, but need your help to share your settings as mentioned in my previous message, i'm not sure if you use target pips to lock profit or you set it to 0

Appreciate...

1,207

(1,047 replies, posted in ► FOREX ROBOTS - Upload & Download FREE Forex Robots)

ih10 wrote:

Thanks Misty for sharing the results,
i'm struggling with the RoNz settings; appreciate to share yours





Ronz is for 5 digit brokers. So if you are on a broker that has GBPUSD at 1.24426 then you are on a 6 digit broker. So add one more digit. That digit may be a zero. Fractal pip.


Ronz works in this manner:


https://mt4talk.com/img/m/9195/58b486bc05eb97.06087458.png



You can only take profit at fractals of pips if you are on a 6 digit broker.

Thanks Misty for sharing the results,
i'm struggling with the RoNz settings; appreciate to share yours
TP=
SL=
Target pips to lock profit=
Profit to Lock=
Trailing method=
Trailing stop=
Trailing Stop Step=

the trick falls within the Target pips to lock, trailing method and the trailing stop and step

on the other hand the idea from Bandar with master/Slave and Misty RoNz if combined will be amazing, i need the worst EA in the market to bring losses, reverse the trades will turn to a win :-).

if anyone has tried an EA that is so bad and caused lot of losses please forward to me i need to test it with the reverse strategy.

In my opinion most of the monitoring are a sell strategy, atleast the ones which shows 10000% profit

1,210

(4 replies, posted in New Forex members start here)

Hello, just signed up as well and looking foward to making some nice profit.

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CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS, IN GENERAL, ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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