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Learning the Ropes: New Member Seeks Forum Guidance
Hi everybody,
I have joined your forum yesterday.
My trading experience is very short, I have blown many demo account and one real. So I am still learning and haven't find the holly grail yet. I believe your forum is a great help.
Hey guys! First off, welcome to the Forum. About finding that "holy grail," it's all about trial and error, and yeah, blowing a few accounts (demo or real) is part of the learning curve. As for an EA, have you checked out SmartAss Trade? No joke, that's the name! I've had some pretty cool results with it. It's user-friendly and doesn't get all complex on you. I'll drop you a link to it here.
About the SmartAssTrade EA:
https://mt4talk.com/viewtopic.php?id=124
SmartAssTrade EA watches the Forex market for you, decides the best times to enter or exit trades, and even places these trades on your behalf. How cool is that?
How Does It Work?
The EA looks at various indicators and figures out whether it's a good time to buy (go long) or sell (go short).
Once it's got a good hunch, it jumps into action, placing the trades for you. You don't have to be glued to your screen!
It's not just about making trades; it's also about keeping your money safe. The EA sets stop losses (to cut losses) and take profits (to secure gains) based on market conditions.
Cool Features:
Hedging: If one trade isn't doing great, it can open another in the opposite direction to balance things out.
Automatic Adjustments: Depending on how the market's doing, it can change stop loss and take profit levels to better protect your trades.
Want to trade bigger or smaller? Adjust the lot size. Want more or less risk? Tweak the take profit and stop loss settings.
Why Use It?
Saves Time: You don't have to watch charts all day.
Emotion-Free Decisions: No panic or overexcitement here. The EA follows the rules, making logical decisions.
Beginner-Friendly: New to Forex? This EA can be a great way to learn while doing.
Just download the EA file, pop it into your MT4, and you're good to go. It's like installing a new app on your phone!
Profit posts by forum members!
Why don't many people post their daily winning results?
MT4talk PRO members can Turn off MT4talk daily winning result post requirements for $49.99 / month. More info...
Latest profit posts from the Trade Executor EA users.
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Everything you see on the MT4talk website is created by its users, mainly the members of the MT4talk forum.
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MT4talk is an online Forex forum with over 5000 Forex robots and over 3000 Forex indicators uploaded by forum members in the last 10 years, available to download from forum posts. The Uploaded file does not come with support.
The website doesn't sell Forex robots and doesn't provide support for the ones you download. MT4talk offers a PRO membership, allowing you to download unlimited files from forum posts. Even though the site usually doesn't provide support for downloaded Forex robots, if you're new to Forex and need help, you can buy the MT4talk dedicated support membership from the MT4talk forum. The MT4talk Dedicated support subscription is only available for purchase for MT4talk PRO members.
The MT4talk Team also provides an Artificial Intelligence Forex robot called "MT4talk Forex AI Signal - Trade Executor EA" to PRO members. However, this Forex robot is only a bonus and is not included in the original PRO membership.
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We are conducting real-life tests on Forex robots to assess their performance. For certain robots, we may use a demo account to conduct tests, and for other Forex robots, we may use a real Forex account. It's essential to recognize that we are not financial advisors and cannot provide investment guidance. Our objective is to discover effective market analysis solutions through testing various strategies, which could be beneficial to our community.
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.
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