ntynamoo Posted March 9, 2011 Report Posted March 9, 2011 Look at this statment, Is it possible? And what is the name of this EA? http://www.mt4i.com/users/m1234
r_a_u_l Posted March 9, 2011 Report Posted March 9, 2011 (edited) yes it is possible it looks like Seikou 2.5 or 4xGreed 1.6 or even 1.7 best regards raul p.s. all these EAs work like a charm in demo :) Edited March 9, 2011 by r_a_u_l Freddie and ntynamoo 2
Guest David1713006337 Posted March 10, 2011 Report Posted March 10, 2011 Listen to this long time forex trader... to date, no EA has ever proven to be continuously profitable in all market conditions. Second observation ... if an EA was continuously profitable in all market conditions, you wouldn't see the EA being sold, the programmer would keep the system and make money trading instead of spending all of their time trying to market it. Ask yourself...if you developed a remarkable EA that made constant money day after day, would you quit trading and market same? Hint: learn a manually traded forex system and start trading on your own instead of chasing something that doesn't exist my friends.
SpacyTrader Posted March 10, 2011 Report Posted March 10, 2011 Look at the trades- it's making one pip on GBPJPY in one second. That is only possible without a spread. There are brokers that don't have a spread but then they charge equivalent commissions- so that 1 pip win on GBPJPY would actually be a much bigger loss.
r_a_u_l Posted March 10, 2011 Report Posted March 10, 2011 not completely true... :) it is possible to take 1-2 pips in 1 second arbitrage EA does not rely on any indicator, works in any condition... etc, etc... :)
SpacyTrader Posted March 10, 2011 Report Posted March 10, 2011 not completely true... :) it is possible to take 1-2 pips in 1 second arbitrage EA does not rely on any indicator, works in any condition... etc, etc... :) Problem is just about all the trades are open and closed in one second. I really doubt that's possible if the account had spread factored in.
r_a_u_l Posted March 10, 2011 Report Posted March 10, 2011 example -- seikou EA 2.5 extern rapidtrade = true; try it
SpacyTrader Posted March 10, 2011 Report Posted March 10, 2011 example -- seikou EA 2.5 extern rapidtrade = true; try it Have you tried it and it works consistently ? Then you must be a millionaire right ? :)
TradR Posted March 10, 2011 Report Posted March 10, 2011 Thread Name = Is it Possible? Answer = NO... This is not possible, in this particular case, because, it's alice in wonderland data feed, I'm talking about FXCH... It would definitely be a demo account on FXCH, a total waste of time, trying to use arbitrage on that broker, since we know it's a scam bucket shop broker... tomislav 1
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