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. Its 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.
The problem I canīt get over is between 13-10-04 and 05-11-04.
I know itīin the past, but EU as gone up more than 5000pips and PM16 keeps opening sell orders and crashes.
I tried everything, but canīt change the sell orders to go long on this time.
Like I said itīs in the past, but without overcoming this prob., PM16 is dangerous to use, cause anytime same might happen (in a week go up or down a few 1000īs pips and PM16 doesnīt react to changes...)
So far mine is failed only one pair what was aud/usd.
All others will work nicely on backtests. with reverse on, lots with 0.01 steps and micro account on. Indeed having less risks will equal less profit but it better than wiping your account.
I have done only one year backtests so i dont go back to 2004.
I find 2004 situation to repeat himself very unlikely.
What i would recommend is that on live or demo account if u use pm, u should also follow the economical calender and major news. If something threatens with major movement then turn EAs down for a few days and close all orders.
You can also have Loss management on like told on last pages. At least it closes all orders and after that you will have around 50% of your balance left to start all over again and youll most likely end up with nice profit still.
Personally I grew quite fond of the TMA option in 15_5 so I dint really care for that deletion, but the addition of the profit target increase is wonderful.
I would like to see TMA return along with the addition of NonlagMA and Stochastics
Im not a big fan of the curent indicators - but overall this is a wonderful EA IMO
I have set up the myfxbook stats now for demo account witch is running pmv16 on 12 pairs with different settings. None of them has no SL or TP. All running profit target 3. Account is 10K itfx demo and running microlots aswell.
Risk level for each pair is 1.
I know that 12 pairs is most likely too much to handle with 10k account but i wanted to see, how it handles in real life. Sofar its been properly running all pairs like 4 days. The largest equity has so far been only 9600 so not even close of threatening with account wipe. Still. only few days running.
I made the stats page public. So you can follow it from link
Sry about wrong link, didnt check it myself. This above was working for me even if i logged out.
With signalcopy i had problems. It just uploads one time and on next times it gives an error each time. No matter what i did and no matter witch account i used.
Anyway. 22.8% up. I added 3 more currency pairs yesterday. Lets see how far i can push it
PM16 --October 2004
)
Linear Mode
