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EA is currently used on ECN (IcMarkets True ECN and Traders way ECN) accounts. EA has been doing well so far. It was not enough time to say that EA will still be profitable.
Please remember to run EA first on your demo account VPS 1-3 ms.
Is this EA giving good results long term or short term only?
Backtesting may be good but what about forward testing?
Hi K.Lipp have 2 days running ea in real account icmarkets true ecn and open 5 orders = all win .
Have one question, in backtest 99% have 93% succes orders but 1 trade lose = 50 $ aprox with 250 € balance :s . how much is stop loss for u set? Thanks and sorry my bad english
The idea that using a methodology that suits your personality is an essential component of trading success also helps explain why most people lose money using trading systems they bought. Why is that true? Is it because most trading systems don’t work on data not used in their development? I am not implying that.Actually, I have no idea what percentage of trading systems sold to the public provide a market edge. But even if I assumed that more than 50 percent of the systems sold would be profitable if applied as instructed, I would still expect over 90 percent of the buyers of those systems to lose money trading them.
Why? Because every trading system, regardless of the strategy employed, is going to hit periods when it does poorly. Now, if you buy a system, by definition, it has nothing to do with your personality or beliefs.In many, if not most, cases, you won’t even have any idea what drives the system’s signals. Consequently,the first time the system hits a bad period, you are not going to have the confidence to stay with the system,and you will stop trading it. That is why, invariably, most people who buy systems will end up losing:
They will stop using the system when it goes through a bad period, and they won’t be there when the system recovers.
u can tru this on scalpers paradise fx profit.ex4 which was available on this site sometime few months ago. u can tru this on scalpers paradise fx profit.ex4 which was available on this site sometime few months ago
Hi all, great to found and join this forum. hopefully i can get some useful information here to improve my trade to profitable trade. thanks
Looks like tons of information for Forex members. Myself, I am a new member from Canada. Still learning so I am not much help.
Cheers to everyone.
Cheers to you bro, i am new too so i hope learn a lot from this site, i need more time to share good staff
Hi I am using this expert for two weeks and it is a great thank you to have this work available to me I put the test results
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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.
Disclaimer - No representation is being made that any Forex account will or is likely to achieve profits or losses similar to those shown on backtests in this forum. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. All information on this forum is for educational purposes only and is not intended to provide financial advice. Any statements posted by forum members about profits or income expressed or implied, do not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold the MT4talk team and forum members of this information harmless in any and all ways.