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for non-us, i like broco investor4 (my last broker), nord markets and varengold. those are STP/ ECN except varengold, they are STP/NDD but charge commissions like PFG in the USA.
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Keep your enemies close and your stops closer
The best timeframe is 15min to 1H. I am useing the 15min. Please note that the Hans123trader System use the CET time zone inorder to work. If you don't use that time zone then it will not work. Go to http://www.strategybuilderfx.com/for...39&page=1&pp=8 and read every post because this system is very tight but it has proven itself to make money like the starter system.
i am very happy to join this site. i hope this site will give me a lot information .
thanks
[quote=mrwobbles;280351]From 10,000 to 55,000,000 all in two weeks. All closed on one day. Would've made a nice Christmas present.
I understand what you did here, but it all depends on what indicators you used to reach this approach.
As I noticed on your 4H chart, I can tell that you are using some strong levels of main moving averages with sub levels + Stoch + Bollinger band + some arrow indicator shows the direction of the trend. Maybe you used other indicators, but that's all I can see.
so, I believe that your scalper is based on mainly these movements, and not to exceed the bollinger band, and if it did, then whenever it stops you start selling all the way to mid bollinger band level.
well, it is smart somehow.
And thanks by the way for sharing your results and ideas.
Think I've got it working more regularly now, still gives fantastic returns thou. Here are two results one starting with £500 and the other starting with £50k. What do you think?
Thanks, my challenge is simple, i dont just like wen people down play anything just because it has not worked for them, i am not angry but i have seen it all over this forum.
another issue with the martingail system is to always push the RESET button, once one can build a profitable martingail, reset must be part of the whole process, i have tested a lot of martigails and one of my discoveries is always reset, i have made so many live discoveries and thats just one of it. If After a set equity target close all trades and start again, but thats just one of the inputs i have discovered in life trading, i will update more as i go on and i want to still learn more also as i am not a pro in this yet anyway.
Quote:
Originally Posted by KaMpeR
You may not be a Pro, but that is good advice for people that trade martingales.
I know that David has worked on a system like this in an EA before, so I will leave him to comment on the logic and why it does or does not work in an EA.
Manually it works fine, but as an EA, I seem to recall there were issues?
Cheers
Wayne
Sorry for the late reply. I've been busy with other stuff. I would agree with the reset, and its already built in . The truth is, 1 unexpected mistake/market sentiment change without your notice, thats it you're done. Trade it small, trade it safe. Use your margin wisely. Take profit when its needed. Avoid any stupid mistakes like putting a different EA trading on 1 account, that will definitely screw up the money management. I did that, and it wiped out all my profit once on January, and it took me about 5 months to make it back to what does it originally looked like. Enclose is trading report for your reference. Take note there is 4 stupid GBPUSD trade I've accidently placed some other EA on it. By the time I noticed it, its already too late.
Regards,
David
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"All through time, people have basically acted and reacted the same way in the market as a result of: greed, fear, ignorance, and hope. That is why the numerical formations and patterns recur on a constant basis." - Jesse Lauriston Livermore
Profitable EA for mini account
Linear Mode
