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Originally Posted by gdreporter
Hi all
I need the working settings for a real mini account with interbank fx.
The ea is working well on the demo account but don't won't to trade in the real account.
MiniMe Can you help me. (I'm located on GMT-4)
Kindest Regards
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The week is not over to post the results, but overall this week the EA lost around 1400 on a 10,000 account. however I was able to make money using the EA on the real miini account.
I am not a magicians but I study the charts and develop a feeling of where the trend is going then set the EA to sell only or buy only.
Remember on the begining of the week when I said the GBPJAP and USJAP are to be sold only.I posted that eariler on 605 then removed the link as it did not belong here.
ISAKAS CS by Kuskus_Osentogg ( see the time of the post just after that with less than 1 hour the US/JAP and GBPJAP starts to go down,and this is not the first time
Trading signals and recommendations
I am not using any majic tricks, all I do is study the market and I seek no one advice but my self, and the US/JAP and GBP/JAP are one of my fav pairs to trade.
I posted this originally on another site but some crazy guys insisted that the GBP/JAP & US/JAP were going up, and advising traders to buy...clamaing he has 12 years of trading experiance, we all know that forex was set for public only in 1996 and thats 11 years, once I reliazed there is no point in advising people from that level I withdraw.
which brings me to a very good point here that
most of the traders are losers ( sorry ) and they search the net for advice trying to find a hint on where the market is going, Guys this is not options not stock market. Forex were made for techinical traders... when it comes to trading, seek no ones advice or help but your self... you have to learn how to read the charts and develop the feeling where the trend is going. the main tools for techinical tradres are really simple and to apply them it takes less than 5 min, for my trades I use
1- Trend lines ( on High time frames, starting from monthly and end up on daily)
2-Fib level ( on weekly and daily) - S&R levels
3-Bolinger bands ( daily and 4H)
4- Sometimes candles formation
5- Moving average.
6-News
EA is a tool to help trading it should not be your trading tool.
A trader has to learn how to trade manualy then set the EA to trade in the direction of his trades.
I found that there are EAs for ranging market, EAs for trending market, EAs for break of a trend, then knowing your charts you can set the appropriate EA for that day to work for you.
I still have good hope for the DIN EA, but I would not recomend any EA for a new trader, or lets put it like that I would not recomend any EA to be left trading by it self.
I have put the setting for the v2.4 mini IBFX account on a zip file, put the EA on the chart then load the setting ( after you save the file in the c:\programe files\Mt4\experts\presets)
Regards,
Alan
Free Tip of the day

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if you see a pair that solds or buys rapidly and then recovers slowly or lets call it tries to recover that means that this pairs is still going in the orginal strong direction, cause the recover is based on 1- feb ret.(S&R) 2-an attempt to cut losses 3-taking early profits.
For a trend to be broken look at the break point and see the volume if there is big volume that is a ture break if the volume is small then that is a false break
Newdigital has made this thread
The top tenets of mechanical trading as the Sticky thread on the
EA download section for a reason ... I hope all new traders read it first