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If you can create a concrete rule for entry and exit, I will code your strategy into an EA for tests. An EA will follow the rule tight enough to ensure the effectiveness thereof.
Unfortunately, I am a new member and cannot attach any files or post any link. I must write the name of the EA so you can go to MT4 Market to search. Products in MT4 Markets are reliable because they need to pass may validation tests of the Market to ensure that they work (at least doing the...
I have read lots of advice about trading, trends, reversals, breakouts, etc., and most of them lead me to failure.
Finally, I think that the most important things in studying the charts are the seconds and minutes charts. And I get the strategy that can make money in most tests.
It is posted...
No pain no gain; risk and reward go together. This is true in Forex Market. You must study, do researches, be familiarized with one or two currencies and stay fast with them, be very good with indicators, and get ready to take some risks. I am sure it will give you the comparable reward.
If you...
It is not difficult to increase remodelling backtest quality. I have made it to 75% and sell it for 10.000 USD. If you have time, why don't download the demo version and test for yourself?
My advice is: when you hear about an effective expert advisor, always ask for demo version to backtest it yourself. If it is ok in brackets, rent it for one month (for about 10-20 USD) to test in demo account or real account. If all is fine, rent for more months until you find it entirely...
After researching, I have found that more than 90% of retail traders lose their money in forex trading. Why does this happen? I have seen that most of them try to play safe following the so-called guidelines that more than 90% of retail traders follow.... and then... they fail.
Finally, I have...
Any EA that promises gigantic profit is a scam. Think about it. If it can really make such a huge profit, what is the point of selling it?
An EA that can help make 40% profit a month is very very good, let alone 100% or 1000000%.
I run across the same issue. I think that if a position in a direction loses money, the same position in the opposite direction would earn money. But when I implement it, it still results in loss... It seems that the market knows where our stop-loss is and hunts it before going in the some...
What is the problem here?
I used an algorithm to test a strategy. I placed several positions in one direction, and the result was a huge loss.
I thought that the same positions in the opposite direction would make huge profit.
But when I placed them in the opposite direction, the result was...
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