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Yes, now people are starting to realise that MetaQuotes is not for retail traders, it is designed to give MT4 brokers all the tools they need to take your money from you in one form or another. That is why they {the MT4 brokers} pay $50,000 - $100,000 to Metaquotes to use MT4. It has been like a true money machine to them.
The more people start to realise and move away from MT4, the better in my opinion. It is best to find a honest broker and not one that is intent on taking all of your money!
===
after I read this post
I realise that even if you have successful strategy from demo trade
have to be very careful -- when you use it for REAL account
and since human got reaction time of 10 to 15 min
while 90 sec, is the rule that your broker won't allow you TO SCALP
i.e. during long quiet , then sudden break-out --=- you should NEVER scalp or even enter into trade, until noisy (non quiet ) singal appear again
=== got a REVERSE theory ===
say , you are human , and don't have any EA
and you scare of FAST movment, and ALL time high and low
and make the assumption that you could make a CONSISTENT daily LOSS of 100 pip lost during every day daily trading
--- can we do REVERSE trading
i.e when you try to trade in 1 direction, the you bet on the opposite direction, but you wait a while first, before your intended trading direction (that was always wrong) finish it or become die-out first, then you do REVERSE trading
-- you may use LIMIT ENTRY order for setting up a LEVEL to trade while noticing the first SUPPORT or first resistance of Pivot chart
------ will this REVERSE TRADING strategy ever work ?? anyone try that on any platform before, what is the result
==> can it be the absolute value of a negative number, turn every negative into positive ???
@anima: ECN broker like, atc brokers, collectiv fx, oanda, mbt.
I also was live with AL trade, hehe, forget it for EAs! (for fast scalping you need a good broker!)
@anima: ECN broker like, atc brokers, collectiv fx, oanda, mbt.
I also was live with AL trade, hehe, forget it for EAs! (for fast scalping you need a good broker!)
bye, AT
Hi at120, Thanks your replay.
Yes,2pipsforex live was so late about settle time.
I guess they have setting some delay time for this kind of EA.
and AL trade live wasn't work ANYTHING for this EA.
(Other EA can work.)
so...what do you think, which broker live is Fastest and good for this EA?
I got this EA for GBPUSD M5 from a friend of mine arabian.
Did great results in the beggining, but have some kind of boot that always suddenly brake the account.
Use martingale but I see potential on it, so I'm sharing.
If someone brake the code we can develop it.
If someone get good results, please share "the secret".
Waiting return my friends.
Kindly.
Hi, this is mq4 file, can someone to improve this EA?
Linear Mode
