_rdb_The Best Free EA - Page 12

ihipro · #**111** (**permalink**) 12-15-2008, 12:16 PM

Quote:

Originally Posted by DireX

You just blew it for all the people who are making it forex. Just to feed people with no knowledge.They don't even know when Asian market open time is or worst don't even know how to set up EA. You just gave out about 60000 copy in few days. Now if every one win what do broker do? most of you probably don't even know cuz you don't know any thing about forex other then some one give you some thing that make money.WHAT THEY WILL DO IS RAISE SPREAD. If you just keep it to your self you probably be making it to the beach right now. Now no one is gonna make a penny

Here is some piece of education for you who don't know about forex.

How Market Makers Work
Market makers "make" or set both the bid and the ask prices on their systems and display them publicly on their quote screens. They stand prepared to make transactions at these prices with their customers, who range from banks to retail forex traders. In doing this, market makers provide some liquidity to the market. As counterparties to each forex transaction in terms of pricing, market makers must take the opposite side of your trade. In other words, whenever you sell, they must buy from you, and vice versa.

The exchange rates that market makers set are based on their own best interests. On paper, the way they generate profits for the company through their market-making activities is with the spread that is charged to their customers. Spread is the difference between the bid and the ask price, and is often fixed by each market maker. Usually, spreads are kept fairly reasonable as a result of the stiff competition between numerous market makers.

look this up in forex text book you might get it.

That just petty much mean this EA and this forum = 8pip spread/trade to try to make money in 15pip range.

Actually, You are very very fear with YourLucky EA. Leave us here to support mr. _rdb_ developing this EA. And seek other thread to express your opinion about the market or broker.
According to me, what happens in the market is a challenge. And we must accept the challenge.
Keep fear for your own.

mgs1f · #**112** (**permalink**) 12-15-2008, 12:29 PM

Quote:

Originally Posted by silumancumi

nice result!!
but mine opens no trade at all since this morning.
I'm using IBFX demo with $3000, setting as given by rdb.
My other EA's ran well without any problem.
Do u know why??

Trades in asian hours only so you will not see trades until this afternoon.

silumancumi · #**113** (**permalink**) 12-15-2008, 12:43 PM

Quote:

Originally Posted by mgs1f

Trades in asian hours only so you will not see trades until this afternoon.

i put on asian hours which comes every morning here in indonesia. no trades in "trade session".

4051fx · #**114** (**permalink**) 12-15-2008, 12:52 PM

Quote:

Originally Posted by shabane1

thanks friend

whats the best setting now?

which is better in performance? your luck fxopen OR your luck rdb

I think the best is your luck rdb, and default setting is the best i think!

4051fx · #**115** (**permalink**) 12-15-2008, 12:54 PM

Quote:

Originally Posted by silumancumi

nice result!!
but mine opens no trade at all since this morning.
I'm using IBFX demo with $3000, setting as given by rdb.
My other EA's ran well without any problem.
Do u know why??

I don't know what is your meta problem, but for me this ea run properly in any metatrader platform. I use instaforex, liteforex, fxpro, alpari, fxdd, and other. I think you must update your metatrader to latest version.

silumancumi · #**116** (**permalink**) 12-15-2008, 12:57 PM

Quote:

Originally Posted by 4051fx

I don't know what is your meta problem, but for me this ea run properly in any metatrader platform. I use instaforex, liteforex, fxpro, alpari, fxdd, and other. I think you must update your metatrader to latest version.

thx om, i'll try.

zomg · #**117** (**permalink**) 12-15-2008, 01:51 PM

Quote:

Originally Posted by DireX

You just blew it for all the people who are making it forex. Just to feed people with no knowledge.They don't even know when Asian market open time is or worst don't even know how to set up EA. You just gave out about 60000 copy in few days. Now if every one win what do broker do? most of you probably don't even know cuz you don't know any thing about forex other then some one give you some thing that make money.WHAT THEY WILL DO IS RAISE SPREAD. If you just keep it to your self you probably be making it to the beach right now. Now no one is gonna make a penny

Here is some piece of education for you who don't know about forex.

How Market Makers Work
Market makers "make" or set both the bid and the ask prices on their systems and display them publicly on their quote screens. They stand prepared to make transactions at these prices with their customers, who range from banks to retail forex traders. In doing this, market makers provide some liquidity to the market. As counterparties to each forex transaction in terms of pricing, market makers must take the opposite side of your trade. In other words, whenever you sell, they must buy from you, and vice versa.

The exchange rates that market makers set are based on their own best interests. On paper, the way they generate profits for the company through their market-making activities is with the spread that is charged to their customers. Spread is the difference between the bid and the ask price, and is often fixed by each market maker. Usually, spreads are kept fairly reasonable as a result of the stiff competition between numerous market makers.

look this up in forex text book you might get it.

That just petty much mean this EA and this forum = 8pip spread/trade to try to make money in 15pip range.

6000 people with this EA that is not guaranteed to work in future just like it had problems in 07 VS all these millions of forex participants and hundreds of brokers. SOmehow im not worried. This is drop in the pool. Maybe you should take a chill pill and not slash your wrists just yet. By the way, have in case you haven't noticed, spreads have been raised across the board including EG long before this EA came into picture. Trading EG in asian session is nothing new and tons of people done it before this EA came into picture as well.

sam123 · #**118** (**permalink**) 12-15-2008, 04:44 PM

For those of you who tried to run on IBFX and it did not open trades.
Try to run it on 1min.
I am not sure it's by the rules of the creator, but I ran it on 1min and it gave me great results.

zzforex · #**119** (**permalink**) 12-15-2008, 05:47 PM

yes same issue here

there is no 22hr on monday

session starts at 00 on monday

so EA is set on 22-3 it misses session

it wont start until tuesday

maybe time codes need fixing so you can start and stop any time of the day

like start session 22 > for X hours

or somthing ?

_rdb_ · #**120** (**permalink**) 12-15-2008, 05:58 PM

Hi all,

This code that I use in the script to limit the trading time :

//==============================================
bool IsTradeTime() {
if (OpenHour < CloseHour && TimeHour(TimeCurrent()) < OpenHour || TimeHour(TimeCurrent()) >= CloseHour) return (FALSE);
if (OpenHour > CloseHour && (TimeHour(TimeCurrent()) < OpenHour && TimeHour(TimeCurrent()) >= CloseHour)) return (FALSE);
if (OpenHour == 0) CloseHour = 24;
if (Hour() == CloseHour - 1 && Minute() >= MinuteToStop) return (FALSE);
return (TRUE);
}
//==============================================

I'm sorry because it was not to answer the other question, I hope another friend here can help.

@ Ihipro & 4051fx
Thank you so much, you are a very good friend to me.