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EA 500% in ten days


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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.

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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

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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 by anzeigenmichel
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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 by conglo
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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 by mutekki
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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)
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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 by fx4_ever
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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...

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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 by conglo
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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!

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