pcguy007 Posted October 8, 2010 Report Posted October 8, 2010 Has anyone used this? I'm wondering if this is kind of like forex oracle trader hxxp://cgi.ebay.com/Forex-Trading-FX-News-Raider-EA-MT4-Expert-Advisor_W0QQitemZ270644333256QQcategoryZ158906QQcmdZViewItem
⭐ fxknight Posted October 9, 2010 Report Posted October 9, 2010 It looks decent enough except that this developer has very bad reputation so far with the previous released EAs. "Secrets From The Heart " is a name to remember not in a nice way. Perhaps he did something different for a change. Would like to test it anyway if someone is willing to share. Cheers
Stormin_Norman Posted October 9, 2010 Report Posted October 9, 2010 This is how it trades: Looks for the high immediately after the news. When price breaks that high, it opens a position in the direction of that trade. Seems to have a 50 pip TP. No idea what SL it uses. Very selective demonstration of its ability to be consistent. "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician
⭐ musketeer Posted October 9, 2010 Report Posted October 9, 2010 This is how it trades: Looks for the high immediately after the news. When price breaks that high, it opens a position in the direction of that trade. Seems to have a 50 pip TP. No idea what SL it uses. Very selective demonstration of its ability to be consistent. do you mean trading Ross's hook? on the news... better go with 2B... but that is good idea - an ea trading RH and 2B - and run in the news...
⭐ SHOWBABA1 Posted October 9, 2010 Report Posted October 9, 2010 This is how it trades: Looks for the high immediately after the news. When price breaks that high, it opens a position in the direction of that trade. Seems to have a 50 pip TP. No idea what SL it uses. Very selective demonstration of its ability to be consistent. pls share the ea
Stormin_Norman Posted October 9, 2010 Report Posted October 9, 2010 do you mean trading Ross's hook? on the news... better go with 2B... but that is good idea - an ea trading RH and 2B - and run in the news... What do you mean by RH and 2B? "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician
⭐ musketeer Posted October 9, 2010 Report Posted October 9, 2010 What do you mean by RH and 2B? Ross Hook http://www.trade2win.com/traderpedia/Ross_Hook and 2B - reversal http://www.forex-experts.co.uk/acatalog/2b-Reversal-Forex-Trading-Method.html http://daytradingprd.blogspot.com/2009/04/2b-pattern.html
Red_Bull Posted May 7, 2011 Report Posted May 7, 2011 Any update regarding this EA - If someone have it please share it TY -
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