FxNewbie
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Posts posted by FxNewbie
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Welcome Tomas, I hear what you are saying but believe me the replies you are getting above to your question are genuine and heartfelt. EA's can make a little then they will lose a lot before you realise. It has happened so many times for me that I am scathing of any EA sold on these unsolicited emails I get every day. If you want to stick with EA's there are forums like TSD where members offer their efforts for no cost and several are better than most of the $97 variety. And you get to see the trading rationale so you can predict when a trade set up is forming.
I suggest you trade only on Demo account for at least 3 months and when you think you have learned enough start on a micro account only with leverage not greater than 1:100. Micro accounts are great. Work up to Classic and Pro accounts when you've built your trading capital up several-fold - but you will then see Micro accounts are best after all.
Last tip - read many posts and recommended e-books until it is all familiar to you. There are many surprises ahead and the _only_ way to succeed at Forex is to become informed and proficient. I have lost a lot more than I have made but only now am I clawing back towards break-even. And I am only now positive and optimistic now I have found such good forum as here.
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I am looking closely at Combo_Right. It was the detailed write-up that attracted my interest because the author was explaining how to "train" the EA using back-testing. Just using default settings was excellent. It is a scalper and takes 5 pips and quits. Yesterday it didn't miss a beat - a long string of small profits, but overnight there were some losses - always small, but negated the earlier profits :-(. I can learn from this to only have it working while I am about (and not sleeping). I'm only trading on a demo account with it.
I am doing the RockyMunda manual BB_MACD system and evaluating other stuff when I am able. I think RockyMundas system is great and am quitting for the day when I make x.
If I do find a promising EA I will alert the forum. I like the sharing of information here on this site. It is a good site.
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I was looking for documentation for setting of an EA and found this link. There is a lot of materials here.
hxxp://xxx.ea-performance.c0m/
Some of these EA's are outstanding - I am trialing a few on demo account and although only a few hours I am impressed. Worth looking at.
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Hi Rockymunda. I'd like to thank you for alerting me/us to your BB_MACD system. It would be great if you could upload your template as I have been trying your system out though I have only got SD down to 0.25 as 0.05 seemed to be overlapping all the time. Kudos to you for sharing.
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Hi Craven. Thanks for this. I see it has a large dll file with it. Is this an issue?
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I subscribed to his earlier venture into signals (he called it TradeCloner then). I lost $$$ and asked for my money back after about 3 weeks. I got the signals Cloning service fee back but lost several hundred Euros in bad trades copied across to my account. I lost my appetite to keep with them.
I was curious when I saw he has started yet another trade cloning service. I can only presume his earlier one failed completely and most people bailed out like I did.
I like Vladminir but I have zero confidence in this service and will not try this new-name cloning service again. I would be keen to hear this new one is better so please keep us updated.
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What i have read and learned is unless you know the trading rules an EA is using for initiating and exiting a trade (plus all the trade management stuff in between) it is a blind leap of faith to buy and use _any_ EA. I have also learned it is very unwise to unleash any EA onto a real $ account until forward tested for some time. If you know the trade rules about what setups are required, you can anticipate an EA to open a trade and then the EA is likely to do it. I have bought many of these commercial EA's and have only lost money on them. The exception was FAP Turbo but only when it first came out - it went steadily downhill since version 23. You really can't beat manual trading following a predetermined set of criteria ... but then this can be automated... so there are some good EA's out there but I know not where :( too.
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I found a copy of speak.dll here. Apparently MT4 dropped this feature in Build 188. I hope this helps.
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Thank you a lot from me too. I appreciate
Can someone explain how to say thanks by a button that does this? I see no "Thanks" button :(
(REQ) Aigera Indicator
in MetaTrader Indicators Request
Posted
hxxp://www.forexisbiz.c0m/showthread.php/3597-Aigera-Mirror
An indi with these settings can be collected here: hxxp://www.multiupload.c0m/EIMM9S2LNK
Use your MT4 RSI if you follow the system or get one with alerts. I think its an excellent set up.
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