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Mostly 3 indicators are enough for 1 chart. If you put more, it won't be useful anymore and it could make your trades worthless

Guys, Every EA is dangerous if you don't know how to operate and don't know the algorithm behind it. That's why the brokers have demo accounts to test EA's out and learn about them so that you can use it to your advantage. Stop saying this EA is dangerous please. Test it, learn it and make...

Hmm... A friend of mine has it too. Could it be that you got it from telegram from Easypiece?

I agree with you mate. There's money to find in forex but don't expect to get a return of 30-40% if you can't accept drawdown of 30% and up. To win big, you need to accept to risk big

Read the thread

No problem. We're here to help each other

I don't think that it will change. The margin percentage will grow exponentially with lot size. So basically if you're using a 10k deposit with a lot size of 0.1 the margin percentage will be the same as when using 0.01 lot on a 1k account. The only thing that could be triggered is a bigger...

Sorry to say that but it seems that you don't understand how an EA works. It is a tool and not a genie who will make you rich in a second. First test an EA on a demo account. Never take the sayings for granted. If you don't understand the algorithms of a EA and don't know how they operate, then...

OK, could you give your EA for test? I'm testing EA's for a hobby and always share my findings. Did it with thunderbird V10 as well (you can check the general thread from thunderbird V10) I don't believe in BT, FT and strategy test. I prefer to test on real demo account and analyze it from...

The EA is profitable over the long run, no doubt about that, but you need to keep a close eye to it and manage the EA. From time to time, you will have to stop the EA till your floating orders get closed or else be prepared to get a margin call

What I mean is, on telegram, the Rollo dude claims that you can make a return of 400% in 1 week with a initial deposit of $100. Based on my testing, you can't have a return of 400% in 1 week with a small deposit of $100 due the margin building up. I initially started with 6 charts on a demo...

Report test day 2. As yesterday, the EA closed some trades in profit, but also 1 in loss. Total earned on those 2 days with closed orders is $23 with 0.01 lots. System stays the same, for every order closed, 2 others are opened bringing the margin higher and higher. Today I turned off the EA so...

You're referring to the strategies right? You have hedging, grid, scalping, martingale, swing... Too much to name them all lol

This is why I don't do bt, ft or strategy test. I prefer to test in real circumstances lol

Results of testing day 1: On a demo account from 1k, the EA made $5 profit by closing two orders at tp. Other orders are still running. When 1 order closes in profit, the EA opens directly another order in both ways on the same currency. So the orders are build exponential and this could be a...

To make sure that an EA that is using martingale is profitable, you need to take small tp's. I'm using a tp of 30-40 pips max

I'm testing it on a demo account. I'm not into bt, ft and strategy test due the possible market changes and volatiles

Posting, claiming that it is a good and profitable EA but when asking info, the thread poster suddenly vanish

You can migrate to the IC (EU), which has a good financial regulation but you should be happy with a maximum leverage of 1:30

The Seychelles don't have a strict monitary policy like in Australia. So when the broker is getting broke, your funds are less well protected than when you're an Australian citizen. Also, a lot of scamming companies are located on the Seychelles, so this already shows that it is a tricky place...