Quote:
Originally Posted by theleviathan
I'm finding alot of EA's aren't working with forward testing, yet backtests work fine. It's generally a problem with brokers increasing spreads during the hours that the EA's would trade, mostly scalpers.
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As I mentioned in my last post, Forex Cyclone places its T/P point at 14 pips. As I am pretty new to FOREX trading, allow me to defer to experienced traders and experts. Is a T/P of 14 pips considered scalping? My gut instinct tells me no. Correct me if I am wrong.
". . . during the hours that the EA's would trade . . ."
Forex Cyclone does not appear to have any set pattern regarding which hours it trades. It has no input setting to prescribe trading hours. All of the trades in my demo appear to be opened at random times. So Forex Cyclone must open a trade whenever its parameters are met, regardless of what time of day it is. I do know from my demo that at any given time, Forex Cyclone has either zero trades or one trade open . . . never more than one, and as a believer that too much trading will destroy your account, I like that.