If you want to download Forex robots, you must register or login to your MT4talk account first.
Become an affiliate of MT4talk.com and earn a recurring commission.
- Earn a 50% commission on every sales you generate.
Join the MT4talk partner program at https://a.paddle.com/join/program/29759
TIP: If you embed this forum topic into your website, you can also add the affiliate link as 1x1 pixel Iframe into your site.
In the above iframe change the link "https://your-affiliate-link.com" to your actual MT4talk affiliate link.
TradeWise : Truely Free Forex Signals from a Professional Trader
Hi all :)
Here's a message from the founder :
Hello and welcome to TradeWise
All my life i have been trading harmonic patterns like Gartley, Butterfly, Crab, Bat, Shark and Cypher. I have always been fascinated about the perfect movements in the charts and it took me about 15 years to understand every move in the chart.
After about 10 years of trading only harmonic patterns only, i set a new challange.
How to find the EXACT turning point of a harmonic pattern with 100% precision. Is that possible?
It took me about 5 years to achieve this but i finally understood and found out where the market turns and why.
I am discovered few custom levels on the fib retracement tool, which help me to find out the retracement of a trade with 100% precision. The levels will not be disclosed because there is a much complex algorithm behind them.
I will be mostly trade using pending orders and the risk/pattern will be maximum 10% for each pattern.
Every pattern has 2 possible entry points (EP1 & EP2). Sometimes i will be trading both EPs, sometimes only one, depending on the analyses but the DD should never exceed 10% for the entire pattern.
EP - Entry Price
BE - Break even
TP - Take profit
SL - Stop loss
What does “Risk” mean?
Every pattern is given a risk % based on multiple parameters. This is the risk i will be taking when trading this pattern. Its your decision what risk you want to use.
Higher percentage, higher probability for that pattern to complete. The maximum risk i will be taking for the best pattern will be 10% of my account.
How many trades will be each week?
It depends on the market. There will be weeks when we will wait from monday to thursday and no pattern will be formed. Then on friday we will have a lot of trading. If you want to follow this strategy, you need patience. We will wait and trade only the patterns that show highest potential. So please do not ask me questions like “Do we have some trades today?, Anything today?”. IF YOU HAVE NO PATIENCE, PLEASE DO NOT FOLLOW THIS STRATEGY
How long will you keep the positions open?
When we detect a pattern we calculate the lot size, TP & SL. Once we get filled, we will wait until we hit our TP. In some cases we might close partially earlier and wait for a better price, then trade the same pattern again. There were cases where i traded the same pattern 10 times as long as it reached the EP
What timeframe do you trade?
I only trade on 4H and 1D chart
Will you keep positions over the weekend?
I will try not to. Also i will delete all the pending orders on fridays
What broker do you use?
I use IC Markets and i have True ECN account. If you want perfect copy, please use ECN account.
What do you trade?
AUDCAD, AUDJPY, AUDNZD, AUDUSD, CADJPY, EURAUD, EURCAD, EURUSD, EURNZD, EURJPY, GBPAUD, GBPCAD, GBPJPY, GBPNZD, GBPUSD, NZDUSD, NZDCAD, NZDJPY, USDCAD, USDJPY
If the signals are so good, why do you give me them out for free?
Well, is not entirely free. In return for the signals, i would like you to contribute in growing the channel together (https://t.me/trade_wise).
I will set weekly targets and if the target is not reached, i will stop posting signals. Your job is to make sure we hit the targets.
NOTE: The MT4talk Forex robot tester team testing Forex robots on FXOpen broker!
You may want to open an FXOpen account to get the same test result!
MT4talk is a User Generated Content website. All content uploaded to MT4talk by our users (MT4talk forum members) is User Generated Content.
All User-Generated Content shall be for information purposes only. While MT4talk shall endeavor to provide you with accurate information on its Website, MT4talk shall not be responsible for the accuracy or reliability of User Generated Content. As such you agree to access the Website and use the Services at your own risk. You shall be solely and exclusively responsible for all User Generated Content you upload or post on the Website. You hereby grant MT4talk (i) an irreversible, non-exclusive, royalty-free and fully-paid, worldwide license to reproduce, distribute, publicly display and perform, prepare derivative works of, incorporate into other works, and otherwise use and exploit your User Generated Content, and (ii) the right to include the User Generated Content on the Website. You hereby irreversibly waive any claims and assertions of moral rights or attribution with respect to your User-Generated Content.
Only open source forex trading software used to automate online trading decisions/signals (“Forex Trading Robots”) shall be uploaded by you onto the Website. MT4talk prohibits the uploading of copyrighted, hacked or illegal versions of forex trading robots on to the Website. MT4talk may remove any copyrighted hacked or illegal versions of forex trading robots from its Website and may close your Member Account (defined below) should you upload copyrighted, hacked or illegal versions of forex trading robots on to the Website. Forex Trading Robots that have been uploaded on the Website, may undergo a simulated back-test on an actual forex account by our tester team, solely for the purposes of providing you with a starting point for your own back-test and for educational purposes only.
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 or the MT4talk EA Tester Team 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.
Affiliates Disclaimer - The site may contain links to affiliate websites, and we receive an affiliate commission for any sign up that trade by you on the affiliate website using such links. Our affiliate partner includes the following: FXopen, FBS, LQDFX, MyForexVPS, KickEX.