Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
I used Fukinagashi recommendation because he was the EA coder and have good luck with those parameters. This is for v6. I am having very good result. I only lose 1 out 12 trades (avg) and the lost is very minimal in a lot of cases.
Good question and: no, i changed the timeframes a bit. What I do is that all 3-4 days I monitor & backtest (short term) how starter is doing in the timeframes M15,M30,H1 and I usually switch to the best.
My standard parameters remain the same, SL:35, TS: 0, TP:10, only the timeframe setups I re-analyze.
ATM I have quite a funny setup. For example I found out that USDJPY and GBPUSD is doing very well in these timeframes. So despite all understanding of the advantage of diversification I trade USDJPY on M15 and M30 and H1.
(and before you ask: yes, these are quite some, it takes a while until my MT is started and it takes quite some resources, especially considering that I have a few other experts running on my system, like Hans123Trader. So on my live-trading system I dropped all indicators, to cater for that issue, and the computer is dedicated only for that. All programming, testing and development I do on another Computer)
I believe in the need to make this analysis a continuos project. That is the same reason why I actually stopped using another version of starter (i am not going to say which, since I don't want to indirectly attack the author, which I really appreciate). I just saw that it continuosly created losses and failed in backtesting, so i dropped it besides all what I thought about it. Its something like the poor-men-versiion of the survival of the fittest
I have edit this code make by david for me i want you to backtest it and tell me what you think about it and tell me which currency is best to trade for and the time frame i have upload the one's i test tell me what you feel about it
It's so important to show actual results of your live account I can't even begin to say. People are selling their EA's based only backtests or live demos for hundreds of dollars! I can't believe that! It's crazy!
I am proud to say that the OmegaEA has made it to the Top 100 in the IBFX contest already this month! For the Month of June already we're at #93 place with 15% return. This is two months in a row now we've made it to the Top 100. I'm looking to have up to 25% return for the month!
I am showing live REAL results audited and proven at InterbankFX.com
If you can dial down the leverage of your EA and not get super greedy it's actually not hard to make cash in the forex market!
.. If you find an EA that makes 100% return in a week you can be assured that there's a highly possibility that you will lose 100% of your account in a week! This is not how hedge funds work!
Dial down the greed, dial down the leverage.. making 20% return a month without crazy drawdowns is great for your wallet and still let's you sleep at night.
Cheers
__________________
Metatrader 4 - EA Live and Demo Hosting Solutions http://www.omegasupreme.com & Omega Trading Blog!
[/IMG]
balance $1k
Linear Mode
