germeten

Does anyone know about this EA or its claims?

 

http://www.forexorca.com/

This one looks most excellent.

 

http://forextoolshop.com/index.php?option=com_content&view=article&id=196&Itemid=40

 

Would someone share a copy, or report their results?

Hi, I just received an email about this:

 

http://www.gridtradingcourse.com/videos/news_max_grid_trading_chfjpy_2/Grid_Trading_CHFJPY.html

 

I've a friend who made big bucks trading the news, moved from the Philly slums to home bought in D.C.; supported his wife & family just working a few hours/day in the morning, before news trading became chic.

 

Some news trading programs look better than others. I like the idea of one that detects price moves and enters the trade automatically.

I get the email:

 

https://order.investorplace.com/?sid=KJ4113&en=3790606

 

They say "10% gains are for wimps, 30% gains are for sissies. Here's how to average 100% gain on every trade you make."

 

My fx broker will be offering binary options soon. Why do I feel all these "opportunities" are sponsored by meticulously dressed carnies? I mean it's like a casino commercial in our state: "Where the winners are!" ...when in fact most people who go to casinos are big LOSERS, until they wise up. If there's a strategy that works and is NOT gambling, in ANY field of investing, I'd like to know!:-S

Manganate is right. Google ECN-STP forex brokers. Thinkforex is my choice.

Here's a tool to hide your stop-loss:

 

http://www.indicatorforex.com/content/hidden-stop-loss-tool-no-more-stop-hunting

http://broker-nightmare.com/

I tried both of the above links and neither works for me. Have they been taken down already? Ziddu doesn't

even exist to my computer, and google/rapidshare can't find it either.

 

(edited 9/29/2010)

Links yesterday worked great; thanks!

Maybe you should try coding it to place a reverse signal 10x the lot size and close the position the moment the first signal closes.

 

That's an interesting idea.

 

I play with settings some more and get my scalper graph in the positive, but trouble is it takes person on extreme roller-coaster to win just a few pips, and even single lot size would be stopped out by a margin call.

 

Robots aside, is there way of programming a buy or sell and close ahead of time, where the pip gains are known and certain? Then I could do as you suggest. Even a few pips could double my account ($500.) which I need to get up there to reach self-supporting income level. I'm learning about pending and limit orders but unsure how to use these to advantage that way. Is there risk in setting these up, a person could still get stopped out? That would be very bad with one's whole nest egg invested.

I was able to bring the scalper settings back into profit again, but it's a hair-raising roller-coaster just for a few pips per trade. I'd like something more unidirectionally certain, (like a passing freight) to invest bigger lot size without margin call, maybe double the account a few times per month, and YES, I realize how risky and totally unrealistic that sounds.

It would be helpful for many to secure copy of this:

 

http://www.automatedtradingsoftware.com/blog/ea-programming/mql4-video-training-course-%E2%80%93-finally-available-to-the-public

You mock me.

I guess i like one minute charts because of my basic impatience to see results. I know that's not a quality for being a good trader tho. To be honest i really don't like the markets any more than I like banks, only realize that's where the money is. I'm not interested in patterns that take time to develop, only single candles. My logic is if you can make money (or at least not lose money) in one candle, the rest will take care of themselves. Too simplistic? Maybe. But my EA concept is simple too. Would someone help me develop it? Thank you all.

 

PS-- Something I forgot to mention. Thinkforex is a STP-ECN broker who gets paid by how much you trade; they don't take positions against traders. Their pip spreads are low, they like robots (even scalpers) and their VPN's are free if you do 4 lots per month, otherwise $40. No I'm not getting paid to say this.

Dear PhiSquared2618;

 

I have only been watching market for maybe a month. I can see mornings are busy-time for Eur/USD and evenings for USD/JPY but beyond that, cannot see any consistent patterns where I trust myself to go in and out for pips. I was hoping a good EA would codify the required nerves and discipline. The authors I've studied so far seem superficial. One spoke about double doji as his favorite signal but i noticed the market never reacts predictably one way or other to this "indicator." Everyone has their styles and philosophies. Personally I like the 1 minute candles. Someone mentioned the "RAT" method that only goes one direction. Initially that's what OCO_visual did, all wins one direction. That tells me there's something to trading with the candle and tight stops close to entry points and incremental trailing stops; that's the only "grail" I need, only wish someone could tell me which EA and what settings to apply. Even a ranging market has enough movement for scalping. Is a waste of time sitting in front of computer unless you enjoy it.

I'm a newbie who needs desperately to learn about settings. My first robot purchase was FTS (Forex Trading Scalper); the author claimed 97% win rate, but when I ran it on live account, the roller-coaster was hair raising waste of time, and default settings on backtests don't show his claimed results. So I fiddle with settings and get attached results. Now this is obviously bad and yet logic says that anything so consistently bad should be possible to reverse, or traded oppositely.

 

[/img]

 

...and then later good AND bad (zig-zag from top to bottom) and finally this:

 

http://imgur.com/uVjw8.gif' alt='uVjw8.gif'>

 

Why do these backtest data change, over a few hours/days, even when no trading?

I see some powerful and consistent undercurrents (even if lose 100%) but don't know how to turn them in my favor. If you can't disclose the entire store, could someone at least nudge me in the right direction? Thanx.@-)

Maybe this already exists? (I have zero coding experience.)

 

Initialize:

 

Delay x (time period(s) from candle open (i.e. seconds, minutes, hours,

days, etc.)

 

(increment setting), i.e. 5 pips from candle open, triggers enter position in

direction candle is moving from candle open

 

TP/trailing stop to opened position (incremental setting) and advancing with price

move. (TP occurs when stop is hit. If candle moves against open, will be

immediately stopped out.)

 

This strategy will get stopped out often enough, but those draw-downs should

be small; hoping the profitable runs will make up for it. (I'm using an ECN broker

with very low spreads.)

 

germeten at graffiti dot net

Hi ekilibrium. I can't private message you because I haven't posted enough on these boards; but

would you share your profitable ea with me? Am always seek the timeless and reliable strategies

for self and others. Thank you in advance. <germeten at graffiti dot net>