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Its nice to read all of your posts here...!
Last week i did made the EA of this system, but so far the results was bad, especially when the running price signal was ranging around the COTL line...
Do anyone has an idea to minimizing the false breakout which was happened when my EA take the entry signal? since the SL were very close (the system suggests 6pips + spread only...)
Any comments and improvements are welcome....
Regards,
Ferdi.
hi, Ferdi
i' ve the same problem when signal ranges around COTL line, i am thinking to change sl (8), or using indicator with small-period that indicates direction, or change broker with small spread.
I think website puts the best case scenarios on the trades. I am getting knocked out of the trades left to right most of the time before it goes either direction. I know I am following the rules all the way. This is very disappointing to me.
Jtre.
You are right! I try to following the rules and almost of my trade hit stoploss. They puts the best case scenarios and not inculded spread that why result look damm good
Thank to listen to me.
Cha.
This looks like another scam - why would anyone be selling a business that earns £40,000 in 6 months for a minimum of £8,000?
Let's do some simple maths:
£40,000/26 weeks (i.e 6 months) = £1,538.46 per week
£1,538.46 x 5.2 = £8000 i.e in around 5 weeks and 2 days the seller would have earnt the min value that they are putting the business on sale for.
So the question is, if you had this business that was raking in the amount of money that this seller claims, would you put it on sale for a minimum of £8,000 or wait 5 weeks to make that money yourself?
My guess is that the money has now dried up since word has got around the many forex forums that the people who bought this system think it is junk and that the seller does not post correct results on thier website! So, this seller is trying to squeeze the most out of this "opportunity" and trying to scam one more person for a big amount of money. This is what I believe at present.