Firozfx
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A good ea to reverse trade
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Hi
I'm looking for an ea that consistently looses pips. Say less than 30% winning trades. So that I can reverse it. Not a scalper. Average trade of say -10 pips.
Any suggestions?
1 I see is Pro forex Robot
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how to set reverse trade ?
I was thinking the exact same thing. There are literally 1000's of poor performing ea's. Surely we can come up with a few that open losing trades constantly more than winning trades without martingale.
If the script can have a reverse option inserted it could be profitable, Thoughts!!!
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Hey San4x.
My broker has a minimum of $100k on a demo account. I use it coz my live manually traded account is with them, same spreads and rates.
Chop of the zeroes = The max drawdown was $100. And margin requirement was somewhere around $40 with the large drawdown. The account was well in survival if it was live on $1000
Late afternoon run for the weekend. drawdown increased to 600 pips. Have to now decide to leave them open for the weekend or close now. And at 1 stage it was up about 13% in equity (Assuming it was $1000), profit $130. On a live I would have monitored it every hour but I hadly checked in on it.
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Isn;t it obvious that the above account will get blown up. Small deposit from the beginning. Any ea needs equity to handle drawdowns.
Here is my $100K demo account. To me this will work on a $1000 live account with 0.01 lots. No need to be greedy.
http://www.myfxbook.com/members/firozlim/avacablerun/62053 - 1510 pips on 3 charts in 4 days
I am running Cablerun v3 on Eurusd and Gbpusd on 1hr Tf to test compatability.
Cablelankan_muruku_teknomage on USDCHF on 1hr Tf.
Currently about 110 pips in negative on open trades but can close this and still make 1400 pips in the week
Summary
304 pips on Usdchf
844 pips on Gbpusd
362 pips on Eurusd.
I will run it for a few more weeks before I turn it onto live account with the best performer.
The most drawdown I saw was around 1000 pips in total. About 100 dollars. Nothing to worry about even on a $1000 account. Of course the live will only have 1 chart initially.
Watch this space
Free EA, Stoch Power Scalper v5.2, 26247 pips gain in 4 days
in MetaTrader Expert Advisors
Posted
Its here
http://www.forexmt4.com/PlumCrazy/