Phoenix1713006089

Re: JadeFX

Hello..

How many of u guys have live account? Are you sure you money is safe. I think one person running the whole brokerage because every time you call one person attend the phone. Is this possible that one person can run a whole brokerage. Now they have a office in Belize. Please reply if you have any information. Thank you

LOL look into onecorp....many popped up at the same time basically run the same way....

onecorps demo is not even the same as the live account you will open with them...all of these type brokers are a sham

their liquidity providers change all the time

Re: JadeFX

They seem good, but at the same time a little fishy...any input?

question you need to ask yourself about brokers like jade....why would I pay a commission to ANY broker when I can get the same if not better spreads, execution, service and security from another broker and NOT pay commissions?

its really a no brainer..why pay????

Re: The End of Retail Forex in USA?

actually, i forgot one thing. in my opinion, dukascopy--in a country (switzerland) that doesn't even participate in the eu and has it's own currency. this would be, imho, a solid broker that will be shielded from influence of the new leverage regulation. incidentally, if you agree with my opinion or dont, i can offer 50% of your commission with dukascopy which would be deposited back into your trading account. you may pm if you wish.

nice little spam thrown in here among the masses..LOL

Re: The End of Retail Forex in USA?

Here is an article I just saw at Forex Peace Army that is VERY disturbing! EVERY Forex Trader should read this!!! I posted the most important part and a link to the whole article.

 

http://www*forexpeacearmy.com/forex-forum/forex-articles/8342-if-cftc-does-say-goodbye-retail-forex-usa.html 

 

Title:

If the CFTC does this, Say goodbye to retail forex in the USA

 

Important Paragraph:

Hidden away amongst some wonderful regulations to help protect people against many of the more common scams is a little surprise that could spell the end of much retail forex trading at US brokerages.

 

The plan is to set the maximum leverage for US retail forex to 10:1. Just so that we are clear that this is not me slipping a digit, that's Ten to One.

 

I love risk management. I can take make the worst trading decisions in the world and only lose money at an incredibly slow pace. Risk management is a good thing, but this is ridiculous.

 

Just like NFA's anti-hedging and FIFO rules that interfere with stops, this is stripping away the right to make one's own informed (or uninformed) decisions. Some brokers who know that their customers will take all their money out of the USA have found limited ways around the Hedging and FIFO restrictions, but there won't be a way around this. Once again, in order to protect us, the government is taking away all the sharp tools in the shop so that children can play safely around the power equipment.

 

This will provide some limited protection foolish newbies who have been known to instantly wipe out their life savings with a mouseclick, but the world can't be designed to protect every person from every possible mistake. The government's regulatory role in the forex market should be to protect us from fiscal fraud, not from being able to click buy or sell with some leverage.

 

Let's do some math. Suppose you have just over $10,000 in your account. Let's ignore spread for a moment to simplify the math. Under 10:1, you can open only 1 lot. That's $100,000 of an xxxUSD pair. If it goes a few pips against you, then there's not enough money in your account and your broker could give you a margin call. If it goes 50 pips in your favor and you move your SL to breakeven (thus, your current risk is only your profit and nothing else assuming your broker is good at honoring stops) or even to +10 pips (thus locking in $100 profit and having your only risk be $400 of your profit), you won't have enough money to open a second lot (or even a single minilot) if you want to scale into a good position.

 

Using tight risk management as I've described elsewhere (1% of account balance) and a 20 pip stop, you should be able to place a single trade for 5 minilots in a $10,000 account. Under 10:1, you would be able to open (at most) a second position. Even if you have profit locked in, you wouldn't be able to open a third position for this amount.

 

In my opinion, this restriction is both stupid and insane. I wonder what those big brokers that will have less local competition due to the capital requirements will think when even more forex traders move their money offshore. How many US jobs will this cost if it is implemented?

 

What's next? 10:1 leverage on all other commodities?

 

 

What to do

 

It's not a law yet. There's still time to complaint and try to stop this.

 

Before I tell you where to complain, be aware: All comments sent to the CFTC on this topic will be very public. Ranting about government conspiracies won't help. Typing profanity IN ALL CAPS is very tempting in this case, but it won't help. Ten well worded individual letters will carry more weight than 100 copied and pasted letters or even a single petition with hundreds of signatures. I would be honored if you do quote some of this article and/or include a link to it in your complaint, but please also express your feelings in your own words too.

 

According to the rather lengthy (193 pages) document detailing these proposed rules, this is how to complain:

 

 

You may submit comments, identified by RIN 3038-AC61, by any of the following methods:

• Federal eRulemaking Portal: http://www*regulations*gov/search/index.jsp. Follow the instructions for submitting comments.

• E-mail: secretary@cftc*gov. Include “Regulation of Retail Forex” in the subject line of the message.

• Fax: (202) 418-5521.

• Mail: Send to David Stawick, Secretary, Commodity Futures Trading Commission, 1155 21st Street, N.W., Washington, DC 20581.

• Courier: Same as Mail above.

All comments received will be posted without change to U.S. Commodity Futures Trading Commission, including any personal information provided.

 

Please, write something and submit it. Even a few sentences. Focus on what that 10:1 rule will do to your trading. Tell them how much money you may move to an offshore broker. Tell them they are costing jobs. Tell them the really good rules closing registration loopholes won't matter so much if there aren't any US forex businesses left to register.

 

If you come up with any additional arguments against this rule, please share them in this thread.

 

Don't wait. Get started writing now.

I dont see where leverage is a problem if you know how to trade, its overlevereged accounts that get blown out. You will never see a professional trader with the 200...300 and 500:1 leverage they offer the retail market, there is a reason they offer that high a leverage and its not to our benifit as a trader.

Re: Excalibur 3.6

Could you please post a stat regarding this?

nope

You want results, buy this mans EA's. they work

fapturbo would work today as well as it did in the beginning but they sold hundreds of thousands of copies that overloaded servers and crashed brokers when all those orders hit at the exact same time, greed kills EA's not that EA's do not work

he sells 500 only for a good reason

I have my own private EA that works well because it is just that, private, not shared.

the good stuff you wont find here or on any forum on the internet shared freely

I'll give you this from over an 8 month period with all of the EA's from him working together as a basket trade

Average consecutive wins: 13 consecutive losses: 1

Re: [sHARE] Best copier mt4 > mt4

Phoenix,

 

Hy Phoenix, obviously you are quite experienced with trade-copiers. I find it hard to get a good and fast one.

 

Can you maybe offer one or publish a download link?

 

Than you...

tomorrow I will be at computer where it is and will share it

Re: How to close all orders in MT4 ?!?! Imprtant!!

Hi

 

How to use this script? Thanks for your explication in advance.

 

Best regards,

megainvest

drag and drop it on your chart and it will close everything

Re: How to close all orders in MT4 ?!?! Imprtant!!

use this script

*/

#property copyright ""

#property link ""

extern int option = 0;

extern bool BySymbolOnly = FALSE;

extern int magic_number = 0;

extern string comment_text = "";

extern int MaxNumberOfTries = 10;

int g_count_100;

int start() {

CloseAll();

return (0);

}

int CloseAll() {

int l_ord_total_0 = OrdersTotal();

int l_count_4 = 0;

RefreshRates();

switch (option) {

case 0:

g_count_100 = 0;

while (CountOpenTrades(BySymbolOnly, 1) > 0 && g_count_100 < MaxNumberOfTries) {

CloseAllTrades(BySymbolOnly, 1);

RefreshRates();

Sleep(1000);

g_count_100++;

}

break;

case 1:

g_count_100 = 0;

while (CountOpenTrades(BySymbolOnly, 0) > 0 && g_count_100 < MaxNumberOfTries) {

CloseAllTrades(BySymbolOnly, 0);

RefreshRates();

Sleep(1000);

g_count_100++;

}

break;

case 2:

g_count_100 = 0;

while (CountPending(BySymbolOnly) > 0 && g_count_100 < MaxNumberOfTries) {

CloseAllPending(BySymbolOnly);

Sleep(1000);

g_count_100++;

}

break;

case 3:

for (l_count_4 = 0; l_count_4 <= l_ord_total_0; l_count_4++) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (OrderMagicNumber() == magic_number) {

if (OrderType() == OP_BUY) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Violet);

if (OrderType() == OP_SELL) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Violet);

if (OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

break;

case 4:

for (l_count_4 = 0; l_count_4 <= l_ord_total_0; l_count_4++) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (OrderComment() == comment_text) {

if (OrderType() == OP_BUY) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Violet);

if (OrderType() == OP_SELL) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Violet);

if (OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

break;

case 5:

for (l_count_4 = 0; l_count_4 <= l_ord_total_0; l_count_4++) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (OrderProfit() > 0.0) {

if (OrderType() == OP_BUY) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Violet);

if (OrderType() == OP_SELL) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Violet);

if (OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

break;

case 6:

for (l_count_4 = 0; l_count_4 <= l_ord_total_0; l_count_4++) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (OrderProfit() < 0.0) {

if (OrderType() == OP_BUY) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Violet);

if (OrderType() == OP_SELL) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Violet);

if (OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

break;

case 7:

for (l_count_4 = 0; l_count_4 <= l_ord_total_0; l_count_4++) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (TimeDay(OrderOpenTime()) < TimeDay(TimeCurrent())) {

if (OrderType() == OP_BUY) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Violet);

if (OrderType() == OP_SELL) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Violet);

if (OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

}

return (0);

}

void CloseAllTrades(int ai_0, int ai_4) {

for (int li_8 = OrdersTotal() - 1; li_8 >= 0; li_8--) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (ai_0 && OrderSymbol() != Symbol()) continue;

if (OrderType() == OP_BUY) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_BID), 5, Violet);

if (OrderType() == OP_SELL) OrderClose(OrderTicket(), OrderLots(), MarketInfo(OrderSymbol(), MODE_ASK), 5, Violet);

if (ai_4 && OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

void CloseAllPending(int ai_0) {

for (int li_4 = OrdersTotal() - 1; li_4 >= 0; li_4--) {

OrderSelect(0, SELECT_BY_POS, MODE_TRADES);

if (ai_0 && OrderSymbol() != Symbol()) continue;

if (OrderType() > OP_SELL) OrderDelete(OrderTicket());

}

}

int CountPending(bool ai_0) {

int l_count_4 = 0;

for (int l_pos_8 = OrdersTotal() - 1; l_pos_8 >= 0; l_pos_8--) {

OrderSelect(l_pos_8, SELECT_BY_POS);

if (OrderType() > OP_SELL) {

if (ai_0 && OrderSymbol() == Symbol()) l_count_4++;

else

if (!ai_0) l_count_4++;

}

}

return (l_count_4);

}

int CountOpenTrades(bool ai_0, int ai_4) {

int l_cmd_16;

int l_count_8 = 0;

for (int l_pos_12 = OrdersTotal() - 1; l_pos_12 >= 0; l_pos_12--) {

OrderSelect(l_pos_12, SELECT_BY_POS);

l_cmd_16 = OrderType();

if (l_cmd_16 == OP_BUY || l_cmd_16 == OP_SELL) {

if (ai_0 && OrderSymbol() == Symbol()) l_count_8++;

else

if (!ai_0) l_count_8++;

} else {

if (OrderType() > OP_SELL && ai_4) {

if (ai_0 && OrderSymbol() == Symbol()) l_count_8++;

else

if (!ai_0) l_count_8++;

}

}

}

return (l_count_8);

}

Re: EA's that ony work on demo accounts

Phoenix,

Your point is not crystal clear.

Would you mind to explain what you meant saying EA works on demo and doesn't work on live account?

There are hundreds of reasons why it could be that performance on demo and live is different so please give more details in your post so people can understand you correctly.

I don't understand the whole idea of this thread.

Please explain in simple words your point.

Which exactly difference you meant and how your proposal can help to overcome this difference. That would be much appreciated here. Thanks.

Not sure how to be much simplier than whats posted :-/

I read all the time how people say they demo an EA and it makes money in a demo account yet when they put the same EA on a live account it does not make money.

There are many brokers whose demo and live platforms are very similiar and if the above is the case then just leave the EA on a DEMO account and use a MT4 copy tool to copy the trades to a live account. If the platform is a bare install then slippage is minimal and you will see on a 5 digit broker half a pip to 1 pip is all.

So if you have an EA that is making money on demo, leave it there and copy the trades. I have done this so I know it works with my own EA...it will work on a live account but why let the brokers even see it and have a shot at it when demo to live works just fine

Re: [sHARE] Best copier mt4 > mt4

all MT4 copy tools work basically the same and have the call function to the same place from the same place

the trick is a bare install of the master and slave platforms and you can get any one of them to take trades in milliseconds

why bother with one that does not work when there are so many that do??

Re: EA's that ony work on demo accounts

Or you could just decompile the EA, replace all IsDemo() calls with TRUE and run it on a real account.

you completely missed the point :-/

it has nothing to do with the EA being ONLY for demo or the coding to stop it from working on live

many EA's are made for live accounts but dont work live but do work on demo

I read again and again in here about EA's that will only work on a demo account but not a live account.

If this is the case then why not just take the same EA place it on a demo that it DOES work on, open a live account with the same broker and use an MT4 copy tool?

Of course this will only work if the demo feed and the live feed from the broker you are using are similar as is the case with many brokers out there.

Some demo feeds and live are not even remotely close.

You then have the small problem of a disconnect but there are brokers whose demo feeds rarely disconnect

There are also many demo and live from same broker that are not even close so do your homework.

If you are using the same broker with a bare install of both and using them only as transfers platforms it works extremely well with little slippage. The added advantage here is that the broker never see's the original trade from the demo because they do not track or keep tabs on the hundreds of thousands of demo accounts out there.

Trust me it works so before you yap about the disadvantages or slam the idea test it first. ;)

Re: How Long You've Been in Business?

you do not have an option for over 4 yrs. It has been 6 yrs fulltime now

Re: MT4 Copy Tool

it doesnt work as posted

Re: Show US Your BEST scalping EA on Live account!!!

my own personal EA I had made

Re: Show US Your BEST scalping EA on Live account!!!

http://phoenixx.mt4stats.com/

FxPro is the broker

Re: pivot point calculation

i do not use the standard pivots in forex I use fibopivots

Also as mentioned 5PM ESt does work best so set your fibs time offset to the brokers for this time

The difference between the traditional Standard Pivots and "FiboPivots" is that the S1, S2, S3, R1, R2, R3 levels with Fibopivots are calculated as offsets from the Pivot line by multiplying the prior day trading range ("R") by Fibonacci numbers. The base Pivot line for both methods is calculated the same. I find that price seems to respect Fibopivot lines in Forex (especially the Yen pairs) moreso than the Standard Pivots. Stock prices seem to more closely respect Standard Pivots. The differences between the two methods can be seen in the following code that calculates both:

double R = yesterday_high - yesterday_low;//range

FiboPivot_P = (yesterday_high + yesterday_low + yesterday_close)/3;// Standard Pivot

FiboPivot_R3 = FiboPivot_P + (R * 1.000);

FiboPivot_R2 = FiboPivot_P + (R * 0.618);

FiboPivot_R1 = FiboPivot_P + (R * 0.382);

FiboPivot_S1 = FiboPivot_P - (R * 0.382);

FiboPivot_S2 = FiboPivot_P - (R * 0.618);

FiboPivot_S1 = FiboPivot_P - (R * 1.000);

StdPivot_P = FiboPivot_P;

StdPivot_R3 = (2 * StdPivot_P) + (yesterday_high - (2 * yesterday_low));

StdPivot_R2 = StdPivot_P + (yesterday_high - yesterday_low);

StdPivot_R1 = (2 * StdPivot_P) - yesterday_low;

StdPivot_S1 = (2 * StdPivot_P) - yesterday_high;

StdPivot_S2 = StdPivot_P - (yesterday_high - yesterday_low);

StdPivot_S1 = (2 * StdPivot_P) - ((2 * yesterday_high) - yesterday_low);

Re: I NEED HELP WITH FIBONACCI

here look at this, it basic but looks like thats all you need right now

well it looks like I can upload a pdf so send me a PM with your email and I'll send you a couple PDF's to help you out

Re: Would it be good if there is independent information for EA

one way you can deal with this problem is to use a copy software, I see people saying that so and so EA will work on demo but not on a real account and thats just bullshit.

 

take the same EA and run it from a demo account with MT4 copy software and it works just fine, broker never knows how or what you are doing and the lag is only 1 sec or so..problem solved

Hey,, the lag can be up to 3 minutes between demo and live.. You should monitor the time values better..

what happened to that EA you telling us about.

I thought you were gonna post it.

http://www.indo-investasi.com/viewtopic.php?f=36&t=4212

guess this has been answered already about the sharing where you ask before :-/

and as to demo live feed lag

I am talking copy software here and have used it quite extensively and can tell you it works with about a 1 sec lag. You also need to know your broker and test test test.

so for everyone that say an EA works on demo but not live.......copy the signals to your live account, it works I have done it and hosted many managed EA's for others this way on my server. Problem solved

Re: ROBOMINER

it goes well. until *BOOM*.

ah cmon you mean to say a DD EA wont work? it will blow accounts sooner or later? please say it aint so :-ss

no EA that has not controlled risk will ever last

20% DD and thats a good thing?? @-) anything over 10% DD in my book is risky but hey maybe you guys have deep pockets. ^:)^

Re: ROBOMINER

a DD system is a good thing? LOL thats what one avoids in trading not looks for in a system.

Re: ROBOMINER

hey Phoenix. what happened to that EA you telling us about.

I thought you were gonna post it.

http://www.indo-investasi.com/viewtopic.php?f=36&t=4212

sorry but it will not be made public property, it is hosted VPS and signals can be copied but thats the best you will get from this EA.

Re: FIFO Rule

there are many offshore brokers that are good

.... most of the brokers in the USA are bucket shops anyhow, why anyone would open with them to begin with is only because they do not know better, once you see their tactics if you have not moved offshore you deserve whatever happens to you and any rules they impose

Re: ROBOMINER

If ya cant trade sure as hell dont put an EA on your account. ANY EA, you may get lucky but if you cannot trade how can you know if the EA can trade?

much of any trading is discretionary and that cannot be programmed into an EA. :-S

Re: ROBOMINER

Robominer & GT-Shadow are very good EA for patient people imho.

the problem is if the pair we tade with this EA break the histarical low and high (like eurgbp did with gridweaver)

anyway audnzd and eurchf should be more "stable" but.. we never know..

a question for Robominer and GT user.. which setting are you using now? rangestart, traderange and instances I mean..

and on which basis do you change it?

Thank you verymuch

Eu/Chf will soon be headed north so many of the EA's that are now trading it and having good success because it has been in a tight range for quite sometime will not be doing as well in the near future. ;)

you cannot just buy and EA and let it run on your account unattended, thats what they tell you but the truth is they can be much more profitable if you as a trader "helped" them with user intervention now and then. :o

Cmon, when you see an EA take a trade you know is gonna hit big DD from your own charts, do you just let it go into DD or do you stop the EA and take the hit or do you hedge or take the trade in the other direction? :-?? There is no way I will let an EA trade my acccount 100% on its own, thats how accounts get blown........watch them, watch your charts and intervene when needed, dont let a trade go into BIG DD when all it takes is a click to stop that from happening.

this EA has blown many an account and people have just watched it do so..amazing [-O< :