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EURUSD H1 MHG BREAKOUT

by b0mbercypher

EURUSD M15 GOLDFINCH

by b0mbercypher


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REDEYE EA- PROFITABLE EA

Topic: REDEYE EA- PROFITABLE EA

Please Check this ea
it makes u more money without loss
so guys enojoy with this ea

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RedEye.ex4 21.91 kb, 63 downloads since 2018-07-12 

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Thanked for the post: Taposki99, jozmik

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Re: REDEYE EA- PROFITABLE EA

Thank you for support we are looking for more in future

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Re: REDEYE EA- PROFITABLE EA

what is the best TF and does it work on any pair?

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Re: REDEYE EA- PROFITABLE EA

Do you have any live results?
With your experience with it so far, what TF or pairs have you found it works best?
Thanks.

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Re: REDEYE EA- PROFITABLE EA

rockersvijay86 wrote:

Please Check this ea
it makes u more money without loss
so guys enojoy with this ea

Please what is the trading system of this EA? Is it a martingale or purely price action?

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Re: REDEYE EA- PROFITABLE EA

The EA trades the quiet hours of the day (or night) depending on the case.
smile

It is not a Martingale system, but it averages a couple of positions in order to close a basket when the market goes against the first position.
The entry is proportional to the available equity, so a little attention is warranted on setting that up properly.
Also, the timezone setting is key, since it's used to figure out when the day starts and the hours it has to trade based on that time mark.
In most cases, the exit is clean and in profit, unless something crazy happens and the mess is harder to clean, so to speak.

On an FBS Standard account leveraged 1:500 it managed to triple it in about 6 months.
The EURUSD H1 test looks like this:

https://mt4talk.com/img/m/8935/5b4cdb8d71f497.26744400.png

Good luck!

Post's attachments

RedEye EURUSD H1 6m 1K l500.set 1.5 kb, 6 downloads since 2018-07-16 

RedEye.ex4 21.91 kb, 7 downloads since 2018-07-16 

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Posts: 6

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