Recent content by JoeyWheelers

Just drag it to your MQL\Experts folder. Always back test and forward test for your intended pair.

It is complicated. I just thought of making this thread to see if we can pull knowledge together from some here who have experienced it. The thing that intrigued me is that someone I chatted made lots of money with it with zero risk and zero detection from brokers. He mentioned he has been...

Well, banning isn't the only thing. I've read some posts and confirmed them to be true in forexpeacearmy: Some complained that ALL of their profits have been denied by the broker. According to the broker, they have detected that the said traders are using an arbitrage software. In fact, some...

So far, these 2 are the most popular arbitrage software available in the retail market that I found: DAAS Arbitrage Western Pips P7 Anyone has experienced using these?

I know about dealing with inefficiencies and fast execution times but I didn't know about triangular arbitrage existed. How long have you been doing this? And I reckon you are subscribed to an expensive but fast internet plan?

Interesting. Could you tell us more? Like, how much capital did you lose and whether you were able to earn it back? Did you already quit entirely?

According to statistics - Forex day traders with a good strategy can make a 5-15% return on their portfolio every month. While it is true that you can start with $200 (you can even start less than that), would you think that 15% (assuming you trade very very well) of that monthly would be...

You can't unfortunately. It is the law in the US that you can only trade with US based brokers.

Actually I tried it - it didn't work. Also, I noticed the settings of the EA is exactly that of Blessing EA. Even the results of the backtests are not far off as I backtested Blessing a lot about 3 years ago. It seems this was just tweaked a little bit internally and then rebranded and sold...

Hi Everyone, I would like to know how many here trades arbitrage? And I would like to know if the info I get from all around are true or false. 1. A lot of brokers are clamping down on those using arbitrage software and banning traders and not paying out. 2. Arbitrage is a lot of trial and...

This is true. It is called having a skin in the game. If you have invested money in education - you are more liable to make it work and hence you become more engaged.

Have you tried to backtest it for S&P or will it work with it?

I don't think so. I was on a losing streak before and I love trading. I was already about to give up at that time. But read some "conspiracies" around the web about broker manipulation. Then I changed brokers and realized it was not really my fault afterall.

I was in Oanda before. So, are you profitable? I was 3 years with Oanda - winning some, but losing a lot more. I was about to quit trading because of the trauma and belief that trading may not be for me as I always fail. As a last ditch, I made one of my strategies into an EA - to trade...

Free VPS ain't that good. Google VPS is free but a bit slow. Others - don't bother as other people can connect to your server and steal your EAs, etc. InterServer is very good for me so far. Servers9 is good only if you take Japan VPS but their New Jersey servers sucks. VPSServer is also...