What do you think about EA KAIN?

[frederic]

My USD CAD won on Alpari in at midnight [00.01]

[iwjw]

Also got hit on u/cad for the second time this month

I will let it run but with reduced risk from 10% to 2%

On an other account u/cad was a winner because Kain opened the trade 4mins earlier and 4pips lower

[xxl205]

sorry to hear guys ... but I would have been hit, too ... was sitting it and decided to go with very small profit this time ... lucky me. I think I will give USDCAD same chance as iwjw just said, as it is still in profit as seen for itself overall.

[acosma]

luckly I lowered usdcad and usdjpy to 1% on liteforex account so usdcad hit sl but I only lost 5$, other pairs still to 30% risk ;-), while on alpari uk eakain seems to work well on usdcad.Now I even lower them to 0.1 fixed lot on liteforex cent account.

[vikram88]

Hit Stop loss again today

Thinking of stopping it

[expat1967]

Hi All,

 

I was hit too, but at least not a SL. Well, I think lets keep our heads up and look forward and how we can make EAKain even better and saver. Following the Megadroid N1 thread with great results, I think we could improve an other Scalper quite significantly while adding a Newsfilter to Kain similar to MD N1. That might give us the chance to Kain over the full range of pairs as it is supposed and not limit it down left and right.

 

Your concerns/ideas?

 

My programming skills are a bit rusty so... Who can help?

 

Cheers

[iwjw]

Maybe someone can enlighten me, but I don't understand the hype about a newsfilter

Kain starts trading after NY close and the market should have found a consensus how to deal with the news until then

Otherwise you could still switch off Kain for that trading day

[proprietario]

malefic usd cad.....two stops in two weeks...:-(

[expat1967]

Maybe someone can enlighten me, but I don't understand the hype about a newsfilter

Kain starts trading after NY close and the market should have found a consensus how to deal with the news until then

Otherwise you could still switch off Kain for that trading day

 

You might check the Megadroid N1 Thread http://indo-investasi.com/showthread.php/7081-NEW-Megadroid-N1

 

The newsfilter will block the EA trading for a certain time while news have been or going to be released. News might drive/influence certain trends on some pairs, thus scalping might be risky after or towards such a news release.

 

E.g. Kain would have not get the USDCD trade yesterday, while high impact news was released on USD if set to filter e.g. 600/600 min before and after release.

 

Cheers

[sammy]

-48 loss USDCAD :-( last nite

[shivadp]

avoid high volatility with this EA...

[iwjw]

avoid forex with this EA...

(just kidding)

how do we know whether post/pre market session will be volatile or not?

[expat1967]

avoid forex with this EA...

(just kidding)

how do we know whether post/pre market session will be volatile or not?

 

The range of the US Session might be the indicator for that. Previous was pretty high (80pips) on USDCAD and the market shows high volatile.

 

Cheers

[iwjw]

I'm still not convinced that any filtering/avoiding will improve the long term performance of Kain

Leave it as it is and time will tell

Only thing to be adjusted might be risk setting on individual pairs in accordance to the performance

[hawkfx]

I think is time to switch to default GMToffset, and no -1

[Chip4Pips]

I think is time to switch to default GMToffset, and no -1

 

You might be right. Sure seems like it has gotten quite turbulent for this one lately, across multiple pairs.

[expat1967]

I am taking Kain offline at least for this week. Anyway, I was left with EURCHF and USDCAD only. EURUSD I took off already prior as MD seems managing trades much better e.g. at least breaking even/small profit while Kain was loosing on parallel trades.

 

Cheers

[yaron222]

so dont work with uscad wor only with eurusd i got good result with that pair & i work only with hem

[iwjw]

got a -40 on e/u closed manually

Don't think e/u comes back to entry 1.2877 before SL would have been hit

[xxl205]

Last night was ok, 2 trades for me on USDCAD and EURCHF, both green pips. I don't know what to do these days ... feels a bit fishy at the moment. One day you have much volatility, on the other day it is too low ... *sighs* well, show must go on. I tend to use MegaDroid again, too ... has anyone used MD XE 1.2 N1 edition, and if yes on what pairs ? there are soo much different versions around at the moment.

[Guest hftlh]

tried it today. didn't open any trade.

[derox]

has anyone used MD XE 1.2 N1 edition, and if yes on what pairs ? there are soo much different versions around at the moment.

 

i read the whole megadroid thread last month and it seems so that theozaki is the master for md. he is using 1.01ee with manual news filtering. i think 1.01ee N1 for automatic news filtering will be the right choice. i wrote the best settings on a paper. pm me if you want the settings, 'cause thats not the right thread. peace

[ryujeans]

got a -40 on e/u closed manually

Don't think e/u comes back to entry 1.2877 before SL would have been hit

EURUSD trade closed at -30 pips on FXDD live.

[girlie]

today got 1 sell trade on eurusd and closed with 7 pips profit.. there was not a single trade for usdcad so i guess i must have modified spread limit to 4 for it.. hahaa! for now better stick to megadroid 1.21 for long term capital appreciation!!

[iwjw]

got a -40 on e/u closed manually

Don't think e/u comes back to entry 1.2877 before SL would have been hit

 

Looks like Kain knows better than me when to stay in a trade...