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So far the only downside is that it's not uncommon to have more than 9 positions open at the same time. The EA could be set up to filter out certain currency pairs, but you would miss most of the trades if you did that. Most of the trades have lasted 2 - 7 days. So far I'm averaging about 92%, lol... I keep waiting for the bottom to fall out, but like I said, "so far so good"...
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Hi,
Would you mind attaching the ea I would like to test it if you are ok with that. Jeff Quote:
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Right now the EA doesn't auto trade, it just sends instant messages to a desktop alert program that I wrote. I don't use an MT4 broker, so I leased a server and leave the EA running. If I get time I'll see if I can modify it. I had a lot of help coding the EA. I'm not great at mq4 yet. I was planning on forward testing a bit more, then spending some time coding the EA to auto trade for MT4 users. One of the guys over at 4xlounge helped me with the mq4. I'm sure he won't mind if I share it, but I have to ask first to be fair. I'll update this thread later when I have something... ![]()
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Yes the system has been tweaked to death, lol... and now works on all currency pairs, in multipule time frames. It is a "paid" 4Xlounge.com trading system now, but I think they are going to release the GBPUSD 1hr for free to show folks how it works. (that's why I posted the chart shot) The paid members have been using this system for awhile and so have I. The buy/sell signals make it idiot proof (that helps me, lol...) and the risk/reward makes sense now. The old system had bad risk/reward.
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FREE Forex Lessons & Weekly Market Analysis... Last edited by riffster; 03-24-2008 at 06:02 AM. |
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Have they released that GBPUSD 1h yet? If so is there a place to download it or check it out? Thanks! Got your message on the other topic about the power bar indic. Thanks for the compliment on the avitar. Have a good day, fx....... |
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| Technorati Favorites | This thread | Refback | 07-10-2007 04:29 AM | |
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