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elvee4eva

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  1. Like
    elvee4eva got a reaction from newbie0101 in The Ultimate Forex Trading Series - by Jarratt Davis   
    Enjoy
     
    http://sharebee.com/3c17d47c
    http://sharebee.com/f94e12b5
     
    elvee4eva
  2. Like
    elvee4eva got a reaction from Sectorson in Eracash Robot Professional 2015 Can Become The EA Holy Grail, If.....   
    Hi to all.
     
    I have been backtesting and forward testing the Eracash Robot Professional versions 2014 and 2015.
     
    While 2014 version is more profitable than 2015, 2015 is safer and more conservative and more advanced.
     
    I have successfully doubled $100 accounts using only 0.01 i.e. 1 micro lot in just 9 trading days with 2015, while
     
    I achieved the same result with 2014 in just 7 trading days.
     
    Currency pairs tested are
     
    2014 EUR/USD 5 mins Chart
     
    2015 GBP/USD and NZD/USD 5 mins Chart
     
     
    Trading Concepts used by Eracash Robot Professional 2015
     
    1. Breakout Trading in the direction of the trend. ( Take Profit = 10 pips)
     
    2. Pull Back trading, in the direction of the prevailing trend.
     
    3. Incremental scale in, 15 pip gaps on every pullback, with the last scale in having the biggest lot entry/risk,
     
    with the hope that the trend will soon return.
     
    4. Auto Adjusting the take profit level to more realistic levels so as to take profits faster and get out of trouble
     
    quicker, especially when the trend is reversing while making sure that at least a small overall profit is made.
     
    5. Using trailing stop to secure profit already made, no matter how little, especially when the EA is trying to
     
    recover from a huge drawdown.
     
    What this Great EA lacks.
     
    This EA is excellent for both trending and ranging markets, but lacks the ability to handle sudden sharp price reveals. it can handle normal slow and gentle reversals, but it is incapable of handling sudden sharp long spikes in the opposite direction.
     
    Solutions.
     
    1. This EA needs a flexible hedging system that will only be triggered once price reverses to a certain point against the trend or once equity is down to 70%.
     
    Once this happens, if the EA was previously opening BUY orders in this manner
     
    Ist order BUY 0.01 at 1.2575
     
    2nd order BUY 0.01 at 1.2560
     
    3rd order BUY 0.02 at 1.2545
     
    If price drops to , let say 1.2530, this would have resulted to a loss of about -45pips -30pips -30pips = -105 pips.
     
    What the EA needs, is for someone to help us code a Hedging/Reversal Methodolgy, where, The EA begins to
     
    gradually open opposing orders while trying to balance out the loosing positions by closing them one by one.
     
    For example, in the above situation where the EA is already -105 in loss, the EA should quickly close the 1st
     
    order i.e. 0.01 at 45pip loss and open a new order of 0.04 with a 10 pip profit target. If this hits it target, the
     
    loss from the first 0.0.1 would have been neutralised.
     
    Next the EA should open another sell order of 0.04 with a 10pip target and immediately close the 2nd 0.01 order.
     
    After taking profit on the second order, the EA should then close the 3rd order at -70pips loss then immediatlely
     
    open a sell order of 0.08 and aim for a 10 pip profit.
     
    If this last take profit is achieved, then the EA will have successfully recovered from a losing position and is now ready to continue making lots of money in the new trend.
     
    If someone can code this, then this Robot forex professional 2015 will be the greatest Robot ever created.
     
    Note that even with the presence of this shortcoming on the part of this EA, A careful trader can still grow his or her account endlessly in the shortest time possible, by frequently withdrawing his or her profits as soon as they are large enough, so that if the unthinkable happens, the trader would still have benefited greatly.
     
    If this request is implemented, It would mean the end of our collective search for a profitable EA.
     
    Here are the Download Links
     
    [2015 Robot] http://www.megaupload.com/?d=RAPPKWSB
     
    http://rapidshare.com/files/264940561/Robot_Forex_2014_Profesional__Live.rar
     
    Thanks
     
    Elvis
  3. Like
    elvee4eva got a reaction from Sesshoumaru in MTF Fractal Channel Indicator   
    Hi,
     
    I was searching for an MTF Fractal Channel Indicator on google and came across these amazing inicators,
     
    MTF Price Action Indicator (for RadarScreen)
     
    MTF Price Action Gapless Indicator (for Charts)
     
    MTF Fractal Channel Indicator
     
    See Pictures
    http://www.mirrorcreator.com/files/OHRHRNMD/Indicator_Pictures.rar_links
    or
    http://mir.cr/OHRHRNMD
     
    See Videos Here
     
    http://www.customizedtrading.com/ooel/mtf-fractal-channel
    http://www.customizedtrading.com/Trading_Systems/High_Probability_MTF_Trend_Trading_System
    http://www.customizedtrading.com/Trading_Systems/High_Probability_MTF_Consolidation_Trading_System
    http://www.customizedtrading.com/Trading_Systems/High_Probability_Scalper
    http://www.customizedtrading.com/TradeStation_Add_Ons/Computer_Assisted_Trading_Strategy
    http://www.customizedtrading.com/trading-systems/trend-rider-strategy
     
     
    The problem is that they are for Trade Station.
     
    It will be excellent if someone could create an MT4 version of these super indicators for us.
     
    Thanks
     
    Elvis.....
     
    # See Below is some Info from their website
     
     
    The real secret "edge" in trading is made up of three things:
     
    (1) Price Action or Market Flow (multiple time frame price action/ market flow is even better)
    (2) Time Segmented Volume
    (3) Support and Resistance (multiple time frame support and resistance is even better)
     
    Price Action is the prime important fact and Volume is second to price action. Price and Volume combined create Support and Resistance on every trading chart. These
     
    three all important aspects of trading, Price Action, Time Segmented Volume Action, and Support and Resistance are the real trading "edge".
     
    For #1 which is Price Action (Market Flow), I use the MTF Price Action Gapless Indicator to show "real time" Price Action on 8 time frames at once.
     
    For #2 which is Volume Action, I use the Time Segmented Volume Normalized to see behind the "Wizard of Oz's Trading Curtain" to understand real trading volume action.
     
    For #3 which is Support and Resistance, I use the Fractal Channel Indicator and MTF Fractal Channel Indicator.
     
    The MTF Price Action Gapless Indicator
     
    Imagine the trading "edge" of knowing the Price Action from eight different time frames in one very visually effective MTF Price Action Indicator. This is exactly what
     
    this Indicator shows.
     
    This indicator allows a Trader to use a short time frame trading chart, like Tick, 1 min or 5 min trading charts, to reduce the entry stop loss risk and yet
     
    effectively trade the Price Action based on multiple higher time frames all the way up to the Daily time frame. This is a very powerful way to reduce your Stop Loss
     
    Risk amounts while getting bigger profits from understanding all the higher time frame Price Action. This is much more effective than constantly flipping between
     
    multiple different time frame charts while you are trading.
     
    The Fractal Channel Indicator displays this "real time" identification of Price Action and Volume Action that traders call Support & Resistance.
     
     
    Many traders operate under the delusion that a multiple line moving average ribbon is a multiple time frame indicator, but it really is a single time frame indicator
     
    using multiple different lookback (LAG) settings. A multiple line moving average ribbon tells you absolutely nothing about any other time frame. They are just multiple
     
    lag indicators.
     
    Correlating multiple time frames will stack the odds in your favor regardless of the trading style you use. This MTF Fractals Indicator makes using multiple time
     
    frames (MTF's) of Support & Resistance so visually simple that you will want to add MTF analysis to all of your trading. MTF analysis will provide you the "edge" you
     
    are looking for no matter what your trading style is.
     
    Traders commonly use lots of "potential" Support and Resistance indicators such as floor trader pivots, moving average lines, etc. All these indicators show
     
    "potential" support and resistance areas, but only Price Action and Volume Action will show if these "potential" lines prove to be support or resistance. Whereas the
     
    Fractal Channel Indicator shows actual real time support and resistance without all the "maybe" nonsense.
     
    Trading tends to involve an overwhelming amount of information. Why confuse the process by using "MAYBE" support and resistance indicators like floor trader pivots,
     
    moving averages, etc. Simplify your trading by only dealing with the "real time" Fractal Channel support and resistance indicator.
  4. Like
    elvee4eva got a reaction from mcgene4x in The Final EA (Good For Trends, Range, Spikes and Reversals)   
    Hi
     
    I have come up with an idea that will end our search for a profitable EA.
     
    If this system is coded into an EA, This will definitely Be the elusive holy grail.
     
     
    This EA must combine the most Profitable Concepts in Forex Trading.
     
    This EA must have the following characteristics.
     
    1. Multi Time Frame Trending Analysis 5mins 1hr and 4hrs
     
    2. Trend Following.
     
    3. Small or Smart Take Profit Targets of 10 - 30 pips ( Based on Position of the nearest Pivots Support and Resistance and Envelopes)
     
    4. Range Trading : Pull Back Trading on the 5 mins Chart (scale In)
     
    5. Smart Hedging (For the purpose Equity Recovery)
     
    6. Smart Reversals.
     
    7. Breakout Trading
     
    8. Smart Stop Losses ( Only to be used during equity recovery)
     
    9. Gradual Closure of losing positions ( Based on condition of 1hr MACD and 1hr Stochastics)
     
    10. Trailing Stop to Secure over all profit.
     
    11. Gradual removal of Risk from a trade.
     
    12. Hidden Take Profit and Stop loss levels.
     
    13. High Win Rate
     
    Important Indicators
     
    1. Auto Pivot Support and Resistance with Mid Levels.
     
    2. Envelopes
     
    3. All MACD
     
    4. All Stochastic
     
    5. Trend Channel ( on 1hr Time Frame)
     
    6. 21 EMA
     
    7. 233 EMA
     
    8. Non Lag MA
     
    9. Stochastic RSI Oscillator
     
    10. Channel - drawn on the 1hr time frame
     
    11. FDM Trend Power
     
     
    hxxp://www.4shared.com/file/nAw4_a2j/Ultimate_Forex_EA.html
     
     
    My Trading Insights
     
     
    1.The Best EAs are Trend Following EAs.
     
    2.Price spends 80% of the time in Ranges and 20% of the time in trends
     
    3.Price Pulls back more time than it actually trends.Causing pull backs is how the brokers make their money. This is also how Martingale EAs trade.
     
    4.Trending EAs make money during Trends, Spikes and Breakouts but lose it during Ranges.
     
    5. Ranging or Martingale EAs Make lots of money during Ranges but blow accounts during Trends.
     
    6. Best type of market analysis is MTF i.e. Multi Time Frame Analysis.
     
    7. Placing a stoploss is giving your broker a chance to hunt you and make easy money.
     
    8. Placing a Hegde trade is smart way to recover from draw down.
     
    9. A smart trader knows that it is almost impossible to get the first entry right, so he opens his first order with the smallest lot size possible, knowing
    that price will always pull back to give him a much better price to open another other in the same direction as the previous order. This way, he keeps his risk low and greatly increases his chances of a profitable outcome. I learnt this from watching martingale EAs trade.
     
     
    Trading Set Up
     
    1. Open a 5 mins chart of EUR/USD or GBP/USD and select the Ultimate EA Template.
     
    2. Move the chart to the 1hr time frame and draw a channel. Move the chart back to 5 mins
     
     
    Note:
     
    A. 1hr = Main Trend
     
    B. 4hr = Future Trend
     
    C. 5 mins = Trigger Chart for Normal, Breakout and Pull Back Trading.
     
    Scale in on every 13 Pips Pull Back on the 5mins stochatics, Stoch-RSI and MACD 3,6,3. While making sure that all trade positions are opened in the direction of the 1hr time frame as shown by the 1hr Stochastic 6,3,3 and 1hr MACD 8,16,7.
     
     
    3. Analyse The Market.
     
     
     
    Open a Buy Order if:
     
     
     
    A. Ihr MACD is above Zero line and angling up
     
    B. 1hr Stochastic is above 20 and angling up
     
    C. 5 mins Stochastic is above 20 and angling up
     
    D. StochRSI Oscillator is angling up
     
    E. Price is atleast 15 pips below the nearest pivot level or envelope or channel line.
     
    F. FDM trend power arrows on the 1hr and 4hr are pointing up.
     
     
     
     
    vice Versa for a Sell.
     
     
     
     
    Trade Management.
     
    1. We open 1st Buy with 0.1 at 1.2100 and take profit 1.2115
     
    2. Price starts playing tricks as usual and immediately pull back to 1.2087 (i.e 13 pips away), we quickly open a 2nd Buy with 0.1
     
    3. if price returns to 1.2100, and we make 10 or 11 pips, we quickly close the 2nd Buy and continue to monitor the market.
     
    4. if price pulls back again to 1.2087, we open another Buy with 0.1 just as we did before and repeat the process.
     
    5. if price pulls back to 1.2074, we open 3rd buy with 0.1
     
    6. if price recovers to 1.2074, we close the 3rd buy at 10 pip profit and continue to monitor the market.
     
    By quickly taking our profits at 10 pips, we are gradually reducing our overall risk while still increasing our equity.
     
    This will help us avoid huge draw down if things go wrong, and this is what martingale EAs never do. This because their programming is not flexible enough.
     
    7. if price continues to go against us after opening a 3rd buy and risking 0.3 we will look to see if the 1hr MACD and 1hr Stochastic still support the trade. If they still support the trade then we wait for the market to return in or favour.
     
    8. If the 1hr MACD and Stochastics are now changing direction and price have broken through the trend line, We quicky place a Sell Hegde of 0.4lots and go into Equity Recovery Mode.
     
     
     
    Equity Recovery Mode.
     
     
    The Objective of Equity Recovery is to get out a bad trade with all our money plus a tiny overall net profit.
     
     
    Once we place the Hedge of 0.4, if the market continues to sell, we will be closing the buy orders 10 pips away from each other until we have closed all of the buy orders.
     
    Once our eqiuty recovers to what it used to be before the bad trade occured, we close all open orders and Continue with our normal trading method.
     
     
    Note that once th 1hr MACD and 1hr stochastic Channges to a new direction, prices usually moves at least 40 pips and this is enough for you to recover your equity.
     
     
     
    If price reverts back to Up, immediately after you open the sell hedge with 0.4, simply place a new buy trade of 0.2 and begin to close off the sell hegde 0.1 evey 10 pips up until you have recovered your eqity , then immediately close all open trades.
     
     
    Final note: Use 0.01 for every $100 and 0.1 for every $1000.
     
    For easy trade management, trade only one pair at a time.
     
    You can make at least 15% of your overall equity every trading day with this wonderful method.
     
     
    Now here you have it
     
     
    It is now time for a good programmer to code this for us into an EA so that we can really begin to enjoy Forex trading
     
    Elvis
  5. Like
    elvee4eva got a reaction from fxshare in The Final EA (Good For Trends, Range, Spikes and Reversals)   
    Hi
     
    I have come up with an idea that will end our search for a profitable EA.
     
    If this system is coded into an EA, This will definitely Be the elusive holy grail.
     
     
    This EA must combine the most Profitable Concepts in Forex Trading.
     
    This EA must have the following characteristics.
     
    1. Multi Time Frame Trending Analysis 5mins 1hr and 4hrs
     
    2. Trend Following.
     
    3. Small or Smart Take Profit Targets of 10 - 30 pips ( Based on Position of the nearest Pivots Support and Resistance and Envelopes)
     
    4. Range Trading : Pull Back Trading on the 5 mins Chart (scale In)
     
    5. Smart Hedging (For the purpose Equity Recovery)
     
    6. Smart Reversals.
     
    7. Breakout Trading
     
    8. Smart Stop Losses ( Only to be used during equity recovery)
     
    9. Gradual Closure of losing positions ( Based on condition of 1hr MACD and 1hr Stochastics)
     
    10. Trailing Stop to Secure over all profit.
     
    11. Gradual removal of Risk from a trade.
     
    12. Hidden Take Profit and Stop loss levels.
     
    13. High Win Rate
     
    Important Indicators
     
    1. Auto Pivot Support and Resistance with Mid Levels.
     
    2. Envelopes
     
    3. All MACD
     
    4. All Stochastic
     
    5. Trend Channel ( on 1hr Time Frame)
     
    6. 21 EMA
     
    7. 233 EMA
     
    8. Non Lag MA
     
    9. Stochastic RSI Oscillator
     
    10. Channel - drawn on the 1hr time frame
     
    11. FDM Trend Power
     
     
    hxxp://www.4shared.com/file/nAw4_a2j/Ultimate_Forex_EA.html
     
     
    My Trading Insights
     
     
    1.The Best EAs are Trend Following EAs.
     
    2.Price spends 80% of the time in Ranges and 20% of the time in trends
     
    3.Price Pulls back more time than it actually trends.Causing pull backs is how the brokers make their money. This is also how Martingale EAs trade.
     
    4.Trending EAs make money during Trends, Spikes and Breakouts but lose it during Ranges.
     
    5. Ranging or Martingale EAs Make lots of money during Ranges but blow accounts during Trends.
     
    6. Best type of market analysis is MTF i.e. Multi Time Frame Analysis.
     
    7. Placing a stoploss is giving your broker a chance to hunt you and make easy money.
     
    8. Placing a Hegde trade is smart way to recover from draw down.
     
    9. A smart trader knows that it is almost impossible to get the first entry right, so he opens his first order with the smallest lot size possible, knowing
    that price will always pull back to give him a much better price to open another other in the same direction as the previous order. This way, he keeps his risk low and greatly increases his chances of a profitable outcome. I learnt this from watching martingale EAs trade.
     
     
    Trading Set Up
     
    1. Open a 5 mins chart of EUR/USD or GBP/USD and select the Ultimate EA Template.
     
    2. Move the chart to the 1hr time frame and draw a channel. Move the chart back to 5 mins
     
     
    Note:
     
    A. 1hr = Main Trend
     
    B. 4hr = Future Trend
     
    C. 5 mins = Trigger Chart for Normal, Breakout and Pull Back Trading.
     
    Scale in on every 13 Pips Pull Back on the 5mins stochatics, Stoch-RSI and MACD 3,6,3. While making sure that all trade positions are opened in the direction of the 1hr time frame as shown by the 1hr Stochastic 6,3,3 and 1hr MACD 8,16,7.
     
     
    3. Analyse The Market.
     
     
     
    Open a Buy Order if:
     
     
     
    A. Ihr MACD is above Zero line and angling up
     
    B. 1hr Stochastic is above 20 and angling up
     
    C. 5 mins Stochastic is above 20 and angling up
     
    D. StochRSI Oscillator is angling up
     
    E. Price is atleast 15 pips below the nearest pivot level or envelope or channel line.
     
    F. FDM trend power arrows on the 1hr and 4hr are pointing up.
     
     
     
     
    vice Versa for a Sell.
     
     
     
     
    Trade Management.
     
    1. We open 1st Buy with 0.1 at 1.2100 and take profit 1.2115
     
    2. Price starts playing tricks as usual and immediately pull back to 1.2087 (i.e 13 pips away), we quickly open a 2nd Buy with 0.1
     
    3. if price returns to 1.2100, and we make 10 or 11 pips, we quickly close the 2nd Buy and continue to monitor the market.
     
    4. if price pulls back again to 1.2087, we open another Buy with 0.1 just as we did before and repeat the process.
     
    5. if price pulls back to 1.2074, we open 3rd buy with 0.1
     
    6. if price recovers to 1.2074, we close the 3rd buy at 10 pip profit and continue to monitor the market.
     
    By quickly taking our profits at 10 pips, we are gradually reducing our overall risk while still increasing our equity.
     
    This will help us avoid huge draw down if things go wrong, and this is what martingale EAs never do. This because their programming is not flexible enough.
     
    7. if price continues to go against us after opening a 3rd buy and risking 0.3 we will look to see if the 1hr MACD and 1hr Stochastic still support the trade. If they still support the trade then we wait for the market to return in or favour.
     
    8. If the 1hr MACD and Stochastics are now changing direction and price have broken through the trend line, We quicky place a Sell Hegde of 0.4lots and go into Equity Recovery Mode.
     
     
     
    Equity Recovery Mode.
     
     
    The Objective of Equity Recovery is to get out a bad trade with all our money plus a tiny overall net profit.
     
     
    Once we place the Hedge of 0.4, if the market continues to sell, we will be closing the buy orders 10 pips away from each other until we have closed all of the buy orders.
     
    Once our eqiuty recovers to what it used to be before the bad trade occured, we close all open orders and Continue with our normal trading method.
     
     
    Note that once th 1hr MACD and 1hr stochastic Channges to a new direction, prices usually moves at least 40 pips and this is enough for you to recover your equity.
     
     
     
    If price reverts back to Up, immediately after you open the sell hedge with 0.4, simply place a new buy trade of 0.2 and begin to close off the sell hegde 0.1 evey 10 pips up until you have recovered your eqity , then immediately close all open trades.
     
     
    Final note: Use 0.01 for every $100 and 0.1 for every $1000.
     
    For easy trade management, trade only one pair at a time.
     
    You can make at least 15% of your overall equity every trading day with this wonderful method.
     
     
    Now here you have it
     
     
    It is now time for a good programmer to code this for us into an EA so that we can really begin to enjoy Forex trading
     
    Elvis
  6. Like
    elvee4eva got a reaction from halcyonn in The Final EA (Good For Trends, Range, Spikes and Reversals)   
    Hi
     
    I have come up with an idea that will end our search for a profitable EA.
     
    If this system is coded into an EA, This will definitely Be the elusive holy grail.
     
     
    This EA must combine the most Profitable Concepts in Forex Trading.
     
    This EA must have the following characteristics.
     
    1. Multi Time Frame Trending Analysis 5mins 1hr and 4hrs
     
    2. Trend Following.
     
    3. Small or Smart Take Profit Targets of 10 - 30 pips ( Based on Position of the nearest Pivots Support and Resistance and Envelopes)
     
    4. Range Trading : Pull Back Trading on the 5 mins Chart (scale In)
     
    5. Smart Hedging (For the purpose Equity Recovery)
     
    6. Smart Reversals.
     
    7. Breakout Trading
     
    8. Smart Stop Losses ( Only to be used during equity recovery)
     
    9. Gradual Closure of losing positions ( Based on condition of 1hr MACD and 1hr Stochastics)
     
    10. Trailing Stop to Secure over all profit.
     
    11. Gradual removal of Risk from a trade.
     
    12. Hidden Take Profit and Stop loss levels.
     
    13. High Win Rate
     
    Important Indicators
     
    1. Auto Pivot Support and Resistance with Mid Levels.
     
    2. Envelopes
     
    3. All MACD
     
    4. All Stochastic
     
    5. Trend Channel ( on 1hr Time Frame)
     
    6. 21 EMA
     
    7. 233 EMA
     
    8. Non Lag MA
     
    9. Stochastic RSI Oscillator
     
    10. Channel - drawn on the 1hr time frame
     
    11. FDM Trend Power
     
     
    hxxp://www.4shared.com/file/nAw4_a2j/Ultimate_Forex_EA.html
     
     
    My Trading Insights
     
     
    1.The Best EAs are Trend Following EAs.
     
    2.Price spends 80% of the time in Ranges and 20% of the time in trends
     
    3.Price Pulls back more time than it actually trends.Causing pull backs is how the brokers make their money. This is also how Martingale EAs trade.
     
    4.Trending EAs make money during Trends, Spikes and Breakouts but lose it during Ranges.
     
    5. Ranging or Martingale EAs Make lots of money during Ranges but blow accounts during Trends.
     
    6. Best type of market analysis is MTF i.e. Multi Time Frame Analysis.
     
    7. Placing a stoploss is giving your broker a chance to hunt you and make easy money.
     
    8. Placing a Hegde trade is smart way to recover from draw down.
     
    9. A smart trader knows that it is almost impossible to get the first entry right, so he opens his first order with the smallest lot size possible, knowing
    that price will always pull back to give him a much better price to open another other in the same direction as the previous order. This way, he keeps his risk low and greatly increases his chances of a profitable outcome. I learnt this from watching martingale EAs trade.
     
     
    Trading Set Up
     
    1. Open a 5 mins chart of EUR/USD or GBP/USD and select the Ultimate EA Template.
     
    2. Move the chart to the 1hr time frame and draw a channel. Move the chart back to 5 mins
     
     
    Note:
     
    A. 1hr = Main Trend
     
    B. 4hr = Future Trend
     
    C. 5 mins = Trigger Chart for Normal, Breakout and Pull Back Trading.
     
    Scale in on every 13 Pips Pull Back on the 5mins stochatics, Stoch-RSI and MACD 3,6,3. While making sure that all trade positions are opened in the direction of the 1hr time frame as shown by the 1hr Stochastic 6,3,3 and 1hr MACD 8,16,7.
     
     
    3. Analyse The Market.
     
     
     
    Open a Buy Order if:
     
     
     
    A. Ihr MACD is above Zero line and angling up
     
    B. 1hr Stochastic is above 20 and angling up
     
    C. 5 mins Stochastic is above 20 and angling up
     
    D. StochRSI Oscillator is angling up
     
    E. Price is atleast 15 pips below the nearest pivot level or envelope or channel line.
     
    F. FDM trend power arrows on the 1hr and 4hr are pointing up.
     
     
     
     
    vice Versa for a Sell.
     
     
     
     
    Trade Management.
     
    1. We open 1st Buy with 0.1 at 1.2100 and take profit 1.2115
     
    2. Price starts playing tricks as usual and immediately pull back to 1.2087 (i.e 13 pips away), we quickly open a 2nd Buy with 0.1
     
    3. if price returns to 1.2100, and we make 10 or 11 pips, we quickly close the 2nd Buy and continue to monitor the market.
     
    4. if price pulls back again to 1.2087, we open another Buy with 0.1 just as we did before and repeat the process.
     
    5. if price pulls back to 1.2074, we open 3rd buy with 0.1
     
    6. if price recovers to 1.2074, we close the 3rd buy at 10 pip profit and continue to monitor the market.
     
    By quickly taking our profits at 10 pips, we are gradually reducing our overall risk while still increasing our equity.
     
    This will help us avoid huge draw down if things go wrong, and this is what martingale EAs never do. This because their programming is not flexible enough.
     
    7. if price continues to go against us after opening a 3rd buy and risking 0.3 we will look to see if the 1hr MACD and 1hr Stochastic still support the trade. If they still support the trade then we wait for the market to return in or favour.
     
    8. If the 1hr MACD and Stochastics are now changing direction and price have broken through the trend line, We quicky place a Sell Hegde of 0.4lots and go into Equity Recovery Mode.
     
     
     
    Equity Recovery Mode.
     
     
    The Objective of Equity Recovery is to get out a bad trade with all our money plus a tiny overall net profit.
     
     
    Once we place the Hedge of 0.4, if the market continues to sell, we will be closing the buy orders 10 pips away from each other until we have closed all of the buy orders.
     
    Once our eqiuty recovers to what it used to be before the bad trade occured, we close all open orders and Continue with our normal trading method.
     
     
    Note that once th 1hr MACD and 1hr stochastic Channges to a new direction, prices usually moves at least 40 pips and this is enough for you to recover your equity.
     
     
     
    If price reverts back to Up, immediately after you open the sell hedge with 0.4, simply place a new buy trade of 0.2 and begin to close off the sell hegde 0.1 evey 10 pips up until you have recovered your eqity , then immediately close all open trades.
     
     
    Final note: Use 0.01 for every $100 and 0.1 for every $1000.
     
    For easy trade management, trade only one pair at a time.
     
    You can make at least 15% of your overall equity every trading day with this wonderful method.
     
     
    Now here you have it
     
     
    It is now time for a good programmer to code this for us into an EA so that we can really begin to enjoy Forex trading
     
    Elvis
  7. Like
    elvee4eva got a reaction from fxeasy5 in Eracash Robot Professional 2015 Can Become The EA Holy Grail, If.....   
    Hi to all.
     
    I have been backtesting and forward testing the Eracash Robot Professional versions 2014 and 2015.
     
    While 2014 version is more profitable than 2015, 2015 is safer and more conservative and more advanced.
     
    I have successfully doubled $100 accounts using only 0.01 i.e. 1 micro lot in just 9 trading days with 2015, while
     
    I achieved the same result with 2014 in just 7 trading days.
     
    Currency pairs tested are
     
    2014 EUR/USD 5 mins Chart
     
    2015 GBP/USD and NZD/USD 5 mins Chart
     
     
    Trading Concepts used by Eracash Robot Professional 2015
     
    1. Breakout Trading in the direction of the trend. ( Take Profit = 10 pips)
     
    2. Pull Back trading, in the direction of the prevailing trend.
     
    3. Incremental scale in, 15 pip gaps on every pullback, with the last scale in having the biggest lot entry/risk,
     
    with the hope that the trend will soon return.
     
    4. Auto Adjusting the take profit level to more realistic levels so as to take profits faster and get out of trouble
     
    quicker, especially when the trend is reversing while making sure that at least a small overall profit is made.
     
    5. Using trailing stop to secure profit already made, no matter how little, especially when the EA is trying to
     
    recover from a huge drawdown.
     
    What this Great EA lacks.
     
    This EA is excellent for both trending and ranging markets, but lacks the ability to handle sudden sharp price reveals. it can handle normal slow and gentle reversals, but it is incapable of handling sudden sharp long spikes in the opposite direction.
     
    Solutions.
     
    1. This EA needs a flexible hedging system that will only be triggered once price reverses to a certain point against the trend or once equity is down to 70%.
     
    Once this happens, if the EA was previously opening BUY orders in this manner
     
    Ist order BUY 0.01 at 1.2575
     
    2nd order BUY 0.01 at 1.2560
     
    3rd order BUY 0.02 at 1.2545
     
    If price drops to , let say 1.2530, this would have resulted to a loss of about -45pips -30pips -30pips = -105 pips.
     
    What the EA needs, is for someone to help us code a Hedging/Reversal Methodolgy, where, The EA begins to
     
    gradually open opposing orders while trying to balance out the loosing positions by closing them one by one.
     
    For example, in the above situation where the EA is already -105 in loss, the EA should quickly close the 1st
     
    order i.e. 0.01 at 45pip loss and open a new order of 0.04 with a 10 pip profit target. If this hits it target, the
     
    loss from the first 0.0.1 would have been neutralised.
     
    Next the EA should open another sell order of 0.04 with a 10pip target and immediately close the 2nd 0.01 order.
     
    After taking profit on the second order, the EA should then close the 3rd order at -70pips loss then immediatlely
     
    open a sell order of 0.08 and aim for a 10 pip profit.
     
    If this last take profit is achieved, then the EA will have successfully recovered from a losing position and is now ready to continue making lots of money in the new trend.
     
    If someone can code this, then this Robot forex professional 2015 will be the greatest Robot ever created.
     
    Note that even with the presence of this shortcoming on the part of this EA, A careful trader can still grow his or her account endlessly in the shortest time possible, by frequently withdrawing his or her profits as soon as they are large enough, so that if the unthinkable happens, the trader would still have benefited greatly.
     
    If this request is implemented, It would mean the end of our collective search for a profitable EA.
     
    Here are the Download Links
     
    [2015 Robot] http://www.megaupload.com/?d=RAPPKWSB
     
    http://rapidshare.com/files/264940561/Robot_Forex_2014_Profesional__Live.rar
     
    Thanks
     
    Elvis
  8. Like
    elvee4eva got a reaction from cesar1713006275 in Eracash Robot Professional 2015 Can Become The EA Holy Grail, If.....   
    Hi to all.
     
    I have been backtesting and forward testing the Eracash Robot Professional versions 2014 and 2015.
     
    While 2014 version is more profitable than 2015, 2015 is safer and more conservative and more advanced.
     
    I have successfully doubled $100 accounts using only 0.01 i.e. 1 micro lot in just 9 trading days with 2015, while
     
    I achieved the same result with 2014 in just 7 trading days.
     
    Currency pairs tested are
     
    2014 EUR/USD 5 mins Chart
     
    2015 GBP/USD and NZD/USD 5 mins Chart
     
     
    Trading Concepts used by Eracash Robot Professional 2015
     
    1. Breakout Trading in the direction of the trend. ( Take Profit = 10 pips)
     
    2. Pull Back trading, in the direction of the prevailing trend.
     
    3. Incremental scale in, 15 pip gaps on every pullback, with the last scale in having the biggest lot entry/risk,
     
    with the hope that the trend will soon return.
     
    4. Auto Adjusting the take profit level to more realistic levels so as to take profits faster and get out of trouble
     
    quicker, especially when the trend is reversing while making sure that at least a small overall profit is made.
     
    5. Using trailing stop to secure profit already made, no matter how little, especially when the EA is trying to
     
    recover from a huge drawdown.
     
    What this Great EA lacks.
     
    This EA is excellent for both trending and ranging markets, but lacks the ability to handle sudden sharp price reveals. it can handle normal slow and gentle reversals, but it is incapable of handling sudden sharp long spikes in the opposite direction.
     
    Solutions.
     
    1. This EA needs a flexible hedging system that will only be triggered once price reverses to a certain point against the trend or once equity is down to 70%.
     
    Once this happens, if the EA was previously opening BUY orders in this manner
     
    Ist order BUY 0.01 at 1.2575
     
    2nd order BUY 0.01 at 1.2560
     
    3rd order BUY 0.02 at 1.2545
     
    If price drops to , let say 1.2530, this would have resulted to a loss of about -45pips -30pips -30pips = -105 pips.
     
    What the EA needs, is for someone to help us code a Hedging/Reversal Methodolgy, where, The EA begins to
     
    gradually open opposing orders while trying to balance out the loosing positions by closing them one by one.
     
    For example, in the above situation where the EA is already -105 in loss, the EA should quickly close the 1st
     
    order i.e. 0.01 at 45pip loss and open a new order of 0.04 with a 10 pip profit target. If this hits it target, the
     
    loss from the first 0.0.1 would have been neutralised.
     
    Next the EA should open another sell order of 0.04 with a 10pip target and immediately close the 2nd 0.01 order.
     
    After taking profit on the second order, the EA should then close the 3rd order at -70pips loss then immediatlely
     
    open a sell order of 0.08 and aim for a 10 pip profit.
     
    If this last take profit is achieved, then the EA will have successfully recovered from a losing position and is now ready to continue making lots of money in the new trend.
     
    If someone can code this, then this Robot forex professional 2015 will be the greatest Robot ever created.
     
    Note that even with the presence of this shortcoming on the part of this EA, A careful trader can still grow his or her account endlessly in the shortest time possible, by frequently withdrawing his or her profits as soon as they are large enough, so that if the unthinkable happens, the trader would still have benefited greatly.
     
    If this request is implemented, It would mean the end of our collective search for a profitable EA.
     
    Here are the Download Links
     
    [2015 Robot] http://www.megaupload.com/?d=RAPPKWSB
     
    http://rapidshare.com/files/264940561/Robot_Forex_2014_Profesional__Live.rar
     
    Thanks
     
    Elvis
  9. Like
    elvee4eva reacted to craven in NEW Never Bef0re 5een F0rex 5y5tem - 1OOO+ P1P5 @ M0nth   
    Description:
     
    cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=220622877484
     
     
    How to receive this file:
     
    1. Leave me 'Thanks' on this post.
    2. PM me your email address.
     
     
    Why does it have to be done like this?
     
    Reason being, for privacy purposes.
     
     
    To the Moderators of this forum:
     
    If there is a problem with the way I am conducting this transaction, please let me know and I will cease conduct.
     
     
    KIND ATTN DEAR MEMBERS:
     
    THE SYSTEM IS AVAILABLE FOR DOWNLOAD IN THE THREAD. PLEASE READ THE THREAD. PLEASE DO NOT IMMEDIATELY GO TO THE LAST PAGE AND POST UR EMAIL REQUESTING THE SYSTEM TO BE SENT TO YOU. ALL THAT WOULD DO IS ATTRACT EMAIL COLLECTING SPAM BOTS, INCREASE TRAFFIC AND SLOW THE SITE DOWN.
     
    MANY THX FOR YOUR KIND CO-OPERATION
     
    Herman
  10. Like
    elvee4eva got a reaction from edw123 in The Ultimate Forex Trading Series - by Jarratt Davis   
    Enjoy
     
    http://sharebee.com/3c17d47c
    http://sharebee.com/f94e12b5
     
    elvee4eva
  11. Like
    elvee4eva reacted to VFL920 in Learn Forex Live   
    Here are Advanced Indicators and templates, Enjoy!
     
     
    http://www.4shared.com/file/1WvZ6-hQ/Advance_Indicators.html
  12. Like
    elvee4eva reacted to johnkhoogw in Learn Forex Live   
    Not sure if this is the one you looking for.
     
    http://www.4shared.com/file/r1tyZati/indicators.html
  13. Like
    elvee4eva reacted to VFL920 in Learn Forex Live   
    Elvis,
     
    All the custom indicators are in disk 4. Just play the disk as the others and after it open into the browser, you go to download indicators session then just right click and "save as" to save all the indicators down.
    I will try to get the advance indicators for you guys, but for now everything is included in the disks
  14. Like
    elvee4eva got a reaction from enjoy39 in The Ultimate Forex Trading Series - by Jarratt Davis   
    Hi,
     
    After having seen alot of forex courses, I regard Low Risk High Reward Trading Strategies by Vic Noble and Jarratt Davis as the most detailed, best explained and easiest to understand and implement forex trading course ever. My only problem with it, is that I can't seem to wait for the set ups form before jumping into trades, since I love quick and frequent scalp trading.
    After reading the sales page of The Ultimate Forex Trading Series, I believe that I have found the one and only forex course that could make me and everyone esle consistently profitable.
     
    Here is a part of the sales pitch
     
     
    What's missing in your Forex trading? Are you lacking consistency and confidence with your decision making and execution? Are you chasing systems and strategies without much success?
     
    If this is you then you are a developing trader and you are not alone. The vast majority of traders are developing traders without realizing it. They believe that an understanding of fundamental and technical knowledge are all they need to become profitable.
     
    But predicting the Forex markets with fundamental and technical tools can often be challenging even for the most seasoned traders. While understanding fundamentals and technical knowledge are essential for trading, the difference between Developing Traders and Pro Traders is that Pro Traders have an accurate picture of what trading really is. Most amateur traders are really gamblers because they lack a systematic approach of putting the odds in their favour. They have no idea on how to create the "WINNING EDGE" that is the difference between successful and unsuccessful traders.
     
    To check out the sales page, visit
     
    hxxp://www.forexmentor.com/tradingedge/
     
    It will really be great if someone gets this for all of us.
     
    Thanks in Advance.
     
    elvee4eva
  15. Like
    elvee4eva got a reaction from Diesel 10 in The Ultimate Forex Trading Series - by Jarratt Davis   
    Enjoy
     
    http://sharebee.com/3c17d47c
    http://sharebee.com/f94e12b5
     
    elvee4eva
  16. Like
    elvee4eva got a reaction from pinoccio in The Ultimate Forex Trading Series - by Jarratt Davis   
    Enjoy
     
    http://sharebee.com/3c17d47c
    http://sharebee.com/f94e12b5
     
    elvee4eva
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