you can simple Forward test ?
Hi,What is the minimum investment required and what type of account needs to be opened, I mean cent or pro or ecn or any other to work with this ea.
Been away for a while, doing PB stuff.
Try on demo first. Use M5 or M15 with a wider pending distance is more balance that using M1, which has too many trades that will lose due to real world slippage (which is inevitable for any real A-book brokers).
Feel free to play with the pending distance and in real world practice you probably want to widen the stops a bit more (yes you'll end up with more quantity of losing trades but you also get far better quality exits due to a more reasonable volatility breathing room). Quantity vs quality; lay it out on a spreadsheet and it should be more clearer.
You'll need a non B-book account (ECN types), if you're going to trade fixed lots at 0.01 highly recommend you do with at least $500 USD. Important: Use brokers that do not limit your pending order distances. Spreads should not be >0.3 pips on majors, and comms should ideally be as low as possible. (USD 7 per lot is a bit too high)
As per above message quote: "USD 7 per lot is a bit too high". Find out from the broker their cost first, either from website or from direct client support.hi.
so do u think pepperstone account is sutable ?
I have downloaded this EA and have been running it for a couple of days now, but it hasn't taken any trades? Do I need to change the "usetimefilter" value to "False"? I just wanted to test this on a demo account top see what this EA does?
I am using the "55555555.set" as the basis of the settings.
I have also change the "gap" value from 10 to 5 hoping that it would trigger a trade, but I I have no open trades. I can see a lot of 'buy stop' and 'Sell stop' on the MT4 but no open trades?
Any ideas on which values to tweak?
Can you share set you use?Hi Alan,
The EA is not very resource intensive. It simply need a fast internet connection with low hop and low ping to the trading server. If you can turn on your desktop 24hrs without turning off and fulfil the speed condition, you do not need a VPS.
Even if you subscribe to VPS, simply go for the cheapest you can find.
You do not need to stop trading before any news.
What you need to do is to close all pending orders at Friday before market close, and turn off the EA once each week. Restart the EA after market opens on Sunday/Monday.
please send me your set plsHi Sentimental,
I speak some Japanese too (and Korean and other languages) which I studied in University during my free time. I took 5 years to complete a 3 year degree as I used by credit to bid for many courses out of my major, which is Political Science.
Unfortunately I cannot type Japanese here else Peachy will slaughter me.
Such is life. It is very normal. I started working since 14 to support myself and family, I've done those jobs before and I know those unmotivated people just want to get paid on every month end and don't care about anything else. Perfectly understandable for most people.
15k is quite a sum. Don't lose it.
You can try $10 with the EA.
Attached is a post from my facebook demonstrating what a small sum can do within a day.
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