richdad711 Posted March 21, 2011 Report Share Posted March 21, 2011 alright guys, let just hope it would double my $5 (500 cents) in 10 days... http://www.mt4i.com/users/500percentea musketeer 1 Quote Link to comment Share on other sites More sharing options...
viola1713005998 Posted March 21, 2011 Report Share Posted March 21, 2011 alright guys, let just hope it would double my $5 (500 cents) in 10 days... http://www.mt4i.com/users/500percentea This seems to be another EA, and please tell you how to use. Quote Link to comment Share on other sites More sharing options...
richdad711 Posted March 22, 2011 Report Share Posted March 22, 2011 This seems to be another EA, and please tell you how to use. it's the same EA offered by OP (nak71). you just have to open an account with the broker that gives you $5 welcome bonus. you might have already noticed on http://www.mt4i.com/users/500percentea, account balance from 500cents to 700cents, that's $2 profit and only using that $5 welcome bonus. Quote Link to comment Share on other sites More sharing options...
ramliam Posted March 22, 2011 Report Share Posted March 22, 2011 it's the same EA offered by OP (nak71). you just have to open an account with the broker that gives you $5 welcome bonus. you might have already noticed on http://www.mt4i.com/users/500percentea, account balance from 500cents to 700cents, that's $2 profit and only using that $5 welcome bonus. hey Richdad, can you please explain how you apply the EA's to the chart,there is two EA's. also which TF, regrads ramliam Quote Link to comment Share on other sites More sharing options...
richdad711 Posted March 22, 2011 Report Share Posted March 22, 2011 hey Richdad, can you please explain how you apply the EA's to the chart,there is two EA's. also which TF, regrads ramliam hi ramliam, 1) Open 2 chart for EURUSD M5 2) 1st chart, put ea buy 3) 2nd chart, put ea sell 4) Lots : 0.1 5) Take profit : 10.0 the rest is default. CiDER, manojcosmo, ramliam and 3 others 6 Quote Link to comment Share on other sites More sharing options...
anzeigenmichel Posted March 22, 2011 Report Share Posted March 22, 2011 (edited) hi ramliam, 1) Open 2 chart for EURUSD M5 2) 1st chart, put ea buy 3) 2nd chart, put ea sell 4) Lots : 0.1 5) Take profit : 10.0 the rest is default. _______________________________________________ Hello Thank you for explanation with two charts (EUR/USD M5) this EA started with buy 0.1 and sell 0.1 No Margin, its no loss or profit ?????? Edited March 22, 2011 by anzeigenmichel Quote Link to comment Share on other sites More sharing options...
manojcosmo Posted March 22, 2011 Report Share Posted March 22, 2011 Thanks a lot Rich dad 711 Quote Link to comment Share on other sites More sharing options...
manojcosmo Posted March 22, 2011 Report Share Posted March 22, 2011 I removed the account check, have not tried it myself yet: hxxp://www.multiupload.com/DMEH330IEE Thanks a lot grooter. even I have a ea which only works on 4 digit broker, can u educate it to work on real account and ECN 5 digit broker. My email is [email protected] Quote Link to comment Share on other sites More sharing options...
grooter Posted March 22, 2011 Report Share Posted March 22, 2011 Thanks a lot grooter. even I have a ea which only works on 4 digit broker, can u educate it to work on real account and ECN 5 digit broker. My email is [email protected] Sorry, the removal of the check was really easy, but I'm not a pro in mq4, so I can't really help. Quote Link to comment Share on other sites More sharing options...
richdad711 Posted March 23, 2011 Report Share Posted March 23, 2011 almost 100% roi in just 3 days trading http://www.mt4i.com/users/500percentea musketeer 1 Quote Link to comment Share on other sites More sharing options...
conglo Posted March 23, 2011 Report Share Posted March 23, 2011 (edited) I started this EA as directed yesterday. It only took 24 hours for it to destroy my demo account. hi ramliam, 1) Open 2 chart for EURUSD M5 2) 1st chart, put ea buy 3) 2nd chart, put ea sell 4) Lots : 0.1 5) Take profit : 10.0 the rest is default. Edited March 23, 2011 by conglo Quote Link to comment Share on other sites More sharing options...
mutekki Posted March 23, 2011 Report Share Posted March 23, 2011 (edited) I started this EA as directed yesterday. It only took 24 hours for it to destroy my demo account. Please check the settings, I also started a test last evening and it's going fine. And as we are both on the same forex market EurUsd m5, your results should be the same. For 5 decimal brokers (GoMarketsAU) I adjusted the TakeProfit to 100 and PipStep to 250. I don't know if that is the correct way to do it but for me it works. (oh yes, also leverage 500) Edited March 23, 2011 by mutekki Quote Link to comment Share on other sites More sharing options...
conglo Posted March 23, 2011 Report Share Posted March 23, 2011 My demo was on GoMarkets as well but I used the defaults. I'll try your settings and give it another go. Thanks. Please check the settings, I also started a test last evening and it's going fine. And as we are both on the same forex market EurUsd m5, your results should be the same. For 5 decimal brokers (GoMarketsAU) I adjusted the TakeProfit to 100 and PipStep to 250. I don't know if that is the correct way to do it but for me it works. (oh yes, also leverage 500) Quote Link to comment Share on other sites More sharing options...
fx4_ever Posted March 23, 2011 Report Share Posted March 23, 2011 (edited) Thanks a lot grooter. even I have a ea which only works on 4 digit broker, can u educate it to work on real account and ECN 5 digit broker. My email is [email protected] Try this one. should work. it's working on Oanda, which is 5 digit and ECN format http://www.4shared.com/file/xZPqHFzW/buy-sell-5digit.html Edited March 23, 2011 by fx4_ever musketeer, CiDER, delfin20 and 1 other 4 Quote Link to comment Share on other sites More sharing options...
musketeer Posted March 24, 2011 Report Share Posted March 24, 2011 (edited) Try this one. should work. it's working on Oanda, which is 5 digit and ECN format http://www.4shared.com/file/xZPqHFzW/buy-sell-5digit.html so, it is for 4 and 5 digits brokers :) and for sure it will blown the acc in (mini) trend Edited March 24, 2011 by musketeer Quote Link to comment Share on other sites More sharing options...
Forexpro1713006044 Posted March 24, 2011 Report Share Posted March 24, 2011 Be careful with this EA guys ! Looks like nak71 blew the account hxxp://earobofx.mt4stats.com/ Quote Link to comment Share on other sites More sharing options...
Skygod Posted March 24, 2011 Report Share Posted March 24, 2011 Maybe the 1:500 leverage was a bit of overkill. Running well on my 5 digit account (1:100) although I haven't altered the pipstep frorm 25. Could someone tell me what the pipstep does? Quote Link to comment Share on other sites More sharing options...
richdad711 Posted March 24, 2011 Report Share Posted March 24, 2011 Maybe the 1:500 leverage was a bit of overkill. Running well on my 5 digit account (1:100) although I haven't altered the pipstep frorm 25. Could someone tell me what the pipstep does? Pipstep is the number of pips away from your previous open trade. Once it is hit, it will open a new trade. for example... 1. the EA open a buy trade @ 1.2000 and it goes against you by 25pips which is @ 1.1975. 2. EA will then open a new trade @ 1.1975 and if it goes against you against by 25pips which is @ 1.1950 3. it will open another trade @ 1.1950 and the list goes on... Quote Link to comment Share on other sites More sharing options...
conglo Posted March 24, 2011 Report Share Posted March 24, 2011 (edited) I changed settings accordingly and have opened a new demo account. The new demo results thus far dictate that I would never trade this on a live account. It's just another grid. Grids self-destruct, it's only a matter of time. My demo was on GoMarkets as well but I used the defaults. I'll try your settings and give it another go. Thanks. Edited March 24, 2011 by conglo Quote Link to comment Share on other sites More sharing options...
Skygod Posted March 24, 2011 Report Share Posted March 24, 2011 Thanks Richdad, I can see the EA averaging up or down about every 3 pips. I can see how 25 pips with 11 trades open could lead to a huge drawdown, I think I will stick with my 2.5 pipstep Quote Link to comment Share on other sites More sharing options...
freddy Posted March 24, 2011 Report Share Posted March 24, 2011 Martingale or "martiny-grail" will ruin you one day or another. Seems always nice on demo and if you get lucky you will think you made it, but greed will let you "in" the market and one day..... you will awake with an empty account. If you want to make money, you need at least a R/R of 1 and a bit more of 50% of winning trades. Otherwise you are gambling. Don't want to seem rude, but alas this is the old truth! musketeer 1 Quote Link to comment Share on other sites More sharing options...
richdad711 Posted March 24, 2011 Report Share Posted March 24, 2011 100+% after 4 days live cent trading... http://www.mt4i.com/users/500percentea huuu, taipan and musketeer 3 Quote Link to comment Share on other sites More sharing options...
hanumanth Posted March 24, 2011 Report Share Posted March 24, 2011 I have been running this Ea from past 4 days. It's performance is good. At least $1000 with 1:500 is must to trade with 0.10 lot. Thanks Hanumanth Quote Link to comment Share on other sites More sharing options...
musketeer Posted March 24, 2011 Report Share Posted March 24, 2011 100+% after 4 days live cent trading... http://www.mt4i.com/users/500percentea it is good... until ... one day if you can make it survive January 2010 for example... I will find another month :) unfortunately :( Quote Link to comment Share on other sites More sharing options...
CiDER Posted March 24, 2011 Report Share Posted March 24, 2011 (edited) Does it exit losses quickly? musketeer nice video! Did you try that on a real account? Edited March 24, 2011 by CiDER Quote Link to comment Share on other sites More sharing options...
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