Recent content by NexusFX

M15 works best. M30 it also works but takes longer to take a trade

Also, another thing to add. With all the current economic uncertainty, be careful with any USD pair. The volatility in the Dollar also not helping the EA. Trending market the EA trades it very well. Ranging markets, it tends to struggle.

Good day All. Hope Everyone is well. With every trading system whether its manual or automated system there will be advantages and disadvantages. We all know in trading, you will at some point, have losing trades. Same applies to EA trading bot. When I stumbled upon this thread on this...

Good day I am not sure. I have not encountered profit maker EA

Good day. Thanks for the info will definitely look into this.

Good day All Trust all is well. Here is some feedback. I have been, running the EA now for 3 months straight on live account. I only allow it to trade GBPUSD, AUDUSD, NAS100. I took out GBPJPY as the volatility of the YEN against the Pound sometimes makes the EA run into heavy draw down. For...

Good day How long has it been like this. Maybe reapply the EA to the chart and see.

Good Day If your fix lot is set to 0.02 and your multiplier is set to 1.11. When the EA opens 1st trade it will be 0.02 lot. When it opens a 2nd trade for the same pair it will be 0.02 x 1.11=0.0222 rounded to 0.03 If you set the multiplier to 20 it means every trade it opens after 1st trade...

Good day @cchong You are correct what is the point of having an EA when you still have to monitor it. At this point in time, I do not let mine run 24/7. I am happy with the profits I make letting it run from 5am until 6pm. I am yet to find an alternative EA that works better in terms of...

Good Day Thanks for the kind words. Yes, now it's all down to long term returns. I have noticed that with AUDJPY and NZDJPY it tends to stay up to 6hrs in drawdown. Then the trade eventually TPs. I added GBPAUD, GBPCHF, GBPNZD. With GBPAUD it went into heavy drawdown. I eventually closed the...

Good day If you go back a few pages, you will see I did an in-depth explanation on my findings on this particular EA. here is the link https://www.forexforum.co/threads/life-changer-ea-full-version.2226/post-172094 I have made few changes to these settings. See screen shot. I have added in...

Good day All Trust everyone is well. So just an update again on this EA. I have been running mine again for just over a month on live account. All settings exactly same as previously posted. Only difference I'm on an 8000USD live account. Yes 8000usd. I knew this EA has great potential and...

Good day All Just an update on this step setting. The EA opened another trade on AudUsd. The 1st trade went 20pips in drawdown. It opened another position. Eventually trade was managed by the EA and closed in profit. So, the step setting from 15pips to 20pips is working really well.

Another thing I just answered my own question. Don't think lower step setting will be of benefit. lower the step setting the more trades it opens to mitigate the risk of the 1st position. slightly higher setting should in theory work much better. So, for example if the 1st trade is open. and it...

Good day I figured out what the step setting is for. if the EA opens one trade. For example, a Buy. Now this trade starts running in a negative. It will open another position when it hits 15pips or 20pips in negative. To start mitigating the risk and managing the position. So what i will be...