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Transformers is pure MARTINGALE and it's a matter of time to blow the account. Don't mess with martingale!!! It's a rule for all of us. Just take a closer look at the trade, don't be blinded by the profits on demo. Ask yourself why the forward test are only for month or two.
Very wize advice !
Look how realistic this 994 full lots trade is :
Just curious how your ea is handling the repainting issue with the cog indicator?
Regards,
Jeff
well we dont try to work around it. we just used the rules EXACTLY like they were printed. well except for the second trade entered. i did not want to get into that. i think it has to do with his settings in that template and how he takes his trades. i tried manually before and it did not look like this because i use the default for the COG lines. we only use sweetspots, and those special COG settings. no other indi is used. it is basically a price action EA. hopefully a good one.
__________________
Keep your enemies close and your stops closer
Good luck but I have a feeling the repainting will be an issue sooner or later.
Regards,
Jeff
Quote:
Originally Posted by hazelj80
well we dont try to work around it. we just used the rules EXACTLY like they were printed. well except for the second trade entered. i did not want to get into that. i think it has to do with his settings in that template and how he takes his trades. i tried manually before and it did not look like this because i use the default for the COG lines. we only use sweetspots, and those special COG settings. no other indi is used. it is basically a price action EA. hopefully a good one.
if you look at the last bar before you enter a trade and it is making lower lows/higher highs, then this shouldn't be a huge problem. other people traded this manually and it works really good. but it's what the price is doing when the conditions are met is what makes the EA work the way it does. you have to see which way the COG is pointing and only trade those times stated on USD pairs except the nzd/usd or else what you say may happen will happen.
__________________
Keep your enemies close and your stops closer
This EA has made > 1,400 % PROFIT in just 40 days !!!
USD 100,000 > USD 3,000,000 in just 2 months !!!
Total return : 1,468.1% [Net profit as a percentage of gross deposits]
Banked return : 1,468.4% [Banked net profit as a percentage of gross deposits]
Per day : 9.0% [Compound daily return leading to total return]
Per week : 53.7% [Compound weekly return leading to total return]
Per month : 508.9% [Compound monthly return leading to total return]
I was wondering if someone could help me program an EA?
What I am looking for is to have the EA buy every pip below the market for a desired amount.
For instance, in this Buying example, lets assume the market is 1.47074
*I open up my ea & I manually click the check box for the options of buy or sell. I click buy! I type in the first price to buy at 147071 as a limit.
*Lastly I manually type in a number that describes how many limits. I type 10. - I have an option in the check box that states the size. I will enter 1.00 but I would like this changeable.
* So now the EA is set up to create 10 buy limits at every pip below the market for instance:
At this point in time we assumed the market came down from 1.47074 and went all the way down to 1.47067. This means that we have been filled for 5 longs at 1.47067
*I would also like another box on the EA that asks for the spacing between the pips. I will be able to put any number that I chose in this. What this will do is change the spacing for the request as follows: