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Pair: GBP CAD
Timeframe: H1 Only
Indicators:
BB BAND 20,2
RMI 14,5
Price Action : Inside Bar
Long entry RMI INDICATOR AT OVERSOLD AREA below 30 level
Price in lower BB band with big bearish candle followed by a inside bar
Short entry RMI Indicator at overbought area above 70-85 level...
30% per week in forex is more then unbelievable return . Anythign more then 5% month is not easy to maintain for long term.
I do not thing it is possible. May i know your account balance and lot size .
These are martingale EA. i personally used this EA. with 1000 USD real account.. yes it earned me quiet a lot for few days more then i expected. but suddenly with market move 1 side it started to show 30-60% Draw down. i was scared. then i backtested it and i saw many times in last few years...
Pair : GBP USD GBP CAD (ONLY)
TIME FRAME: D1 ONLY
Take Profit : 80 Pips to 150 Pips
Stop Loss : as per chart and analysis
Indicator used:
5 SMA (Simple Moving Average)
BBBAND 20,2
RMI (14,5)
TDI RT CLONE (default settings)
Sell setup
Price was on Upper BB Band
Price fall or cross below...
Brother these are martingale EA or grid averaging type ea. this type of EA believes that market will not move against you more then 500 Pips.. and increase lot size and trade.. any abnormal move like in 2017 or 2014 will crush your account..
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