This EA is very similar to Traide Ringer EA. But rathen than using martingale, it just keeps the losing positions until it is reversed. Not good EA. You will see it in the backtest and demo
If you receive such a warning then reduce the pairs, it is nothing to worry about. Don't have the EA opened on 15 pairs, instead use 5 pairs for example. In addition, IC Markets sends a message at 5.000 requests while it will disable your account at 25.000 requests. I am speaking from...
Of course, i forgot to add more details.
Pairs were EURUSD EURJPY AND USDJPY.
Account size was $1000 with 0.01 lots size on each currency running D1.
Multiplier 1.3 and Range around 30.
Settings were changed accordingly as to the market movement but the account blown when EURUSD and USDJPY...
What pairs are you using on your demo? And which is the broker? Also don't believe in backtesting, there are no fees on each trade when back testing. You should count it in. And finally, is it profitable on demo?
Most people have blown their accounts the past weeks with corona. Even accounts with over 100k so please stay away. I have also blown my account with extra extra conservative settings. This is martingale and unfortunately you just postpone the losses.
In fact, the whole company changed the name...
Yes, I think that is what TR is trying to do like hedging but quite often I see screenshots of other people using TR and I see trends and counter trends orders to be both in the buy side, or sell side. Anyone have any manual explaining how the algo works would be gold. Anyone have something to...
Interesting didn't knew about the 2 rings.
As for the problem you see, i think it is safer to keep moving in the same direction as a retracement needs to be made sooner or later. Markets need to breath therefore if you withstand 500 pips per ring for 2 rings for example, then a 200 pips move...
Correct, "show only pair news" must be off, my mistake. I think yes only for EUR and USD it shows news. For JPY you may use JPYUSD pair and attach the indicator. Although i did not added JPY news yet on my EA so not really sure
We have the same, updated version, so something is not right with your settings and I probably know what. Ignore open Trades must be set to True otherwise the indicator will not run on TR. See photo below. Let me know :)
I installed the indicator and it seems to run fine..
Please see images from experts tab today for news related to USD. I have it 30 minutes before and after. Also according to forexfactory it seems to work fine as there were news at 6:00 pm today.
Today EA opened a hedged position (trend and counter) for USDJPY! Did you noticed anything similar on yours? So I think only news is our main concern now. Also I hit weekly goal profit 5% but instructed EA to continue as I am still experimenting.
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