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Forum: Free Forex Trading Systems 07-14-2009, 10:16 PM
Replies: 1
Views: 239
Posted By kent123
How do I use metatrader strategy tester to back test a system

I just wanted to know how I would use metatrader strategy tester to back test a new system. It's a bit confusing for me since its a new concept for me, help would be gladly appreciated.
Forum: Free Forex Trading Systems 07-14-2009, 11:16 AM
Replies: 1,535
Views: 81,623
Posted By kent123
So tony mand your saying by using a 2x to 3x...

So tony mand your saying by using a 2x to 3x target instead of of a 6x the system would be more profitable and would take less loss's, am I correct.
Forum: Free Forex Trading Systems 07-13-2009, 08:25 PM
Replies: 1,535
Views: 81,623
Posted By kent123
So if i get stopped out and i go in the other...

So if i get stopped out and i go in the other direction, I would double my initial target. So like today we got stopped out at break even, and we were targeting 228 on the short trade. So if we did...
Forum: Free Forex Trading Systems 07-12-2009, 07:16 PM
Replies: 1,535
Views: 81,623
Posted By kent123
Ok Lets say I enter short and the trade goes...

Ok Lets say I enter short and the trade goes against me, lets say the ADR is 600 and my target is 300 and lets say the first trade went in my direction 250 pips but then reversed. My question is...
Forum: Free Forex Trading Systems 07-08-2009, 09:05 AM
Replies: 38
Views: 3,521
Posted By kent123
hey gustave, quick question. Lets say you get a...

hey gustave, quick question. Lets say you get a sell signal but it fails and goes into the opposite direction, will you close out the sell order and take a buy order or just wait till next sunday for...
Forum: Free Forex Trading Systems 07-05-2009, 08:21 PM
Replies: 38
Views: 3,521
Posted By kent123
what broker are you with, also does it matter if...

what broker are you with, also does it matter if you use a chart without the sunday candle or does it have to have the sunday candle. Thanks
Forum: Free Forex Trading Systems 07-05-2009, 11:08 AM
Replies: 38
Views: 3,521
Posted By kent123
Do you trade this system with real money or are...

Do you trade this system with real money or are you still demoing for now. Also how long have you been trading it. Thanks for the great info.
Forum: Free Forex Trading Systems 07-05-2009, 12:09 AM
Replies: 38
Views: 3,521
Posted By kent123
What is your win to loss ratio like, say you take...

What is your win to loss ratio like, say you take 10 trades how many would you win and how many would u lose. Am guessing its a system that wins about 70 to 80 percent of the time correct me if am...
Forum: Free Forex Trading Systems 07-04-2009, 05:19 PM
Replies: 38
Views: 3,521
Posted By kent123
Hey gustav taking a look at your four hour...

Hey gustav taking a look at your four hour strategy looks pretty good, do you get stopped out alot with your 50 pip stop loss or does it prove to be sufficient enough. Also what is your win to loss...
Forum: Free Forex Trading Systems 07-02-2009, 12:15 PM
Replies: 38
Views: 3,521
Posted By kent123
Strategy looks really good, thanks. Am gonna test...

Strategy looks really good, thanks. Am gonna test and post results, looked at some past charts and it looks to be really profitable. Thanks a million for these two strategy's.
Forum: Rate my Broker 07-01-2009, 11:51 AM
Replies: 7
Views: 476
Posted By kent123
If there good why do so many people post horrible...

If there good why do so many people post horrible reviews, is it just human nature to blame other people for your mistakes. I know there customer service is pretty good, I've spoken to them a few...
Forum: Rate my Broker 07-01-2009, 10:29 AM
Replies: 7
Views: 476
Posted By kent123
Can I get some more insight on oanda

Hi I've been demoing on oanda for a while now and planning to go live. I've read numerous reviews, some bad some good. Right now am confused, can people who've been with this broker give me some...
Forum: Newbie Island 03-11-2008, 11:34 AM
Replies: 5
Views: 313
Posted By kent123
Thanks guys am gonna read over the candlestick...

Thanks guys am gonna read over the candlestick thread and let you know how am doing.
Forum: Newbie Island 03-10-2008, 05:18 PM
Replies: 5
Views: 313
Posted By kent123
I know it lags, this is how i set up my trades I...

I know it lags, this is how i set up my trades I position size my trade. I only risk 2 percent on any given trade. I set a stop about 50 pips away, I noticed that you might make a huge profit but you...
Forum: Newbie Island 03-10-2008, 04:33 PM
Replies: 5
Views: 313
Posted By kent123
Building a system need some help

Hi everyone I've been trying to build a system around moving averages. I use the moving average cross for my buy and sell signals, I use a 5 ema and a 13 ema on a daily chart. I am working on adding...
Forum: Forextown 03-03-2008, 11:33 AM
Replies: 7
Views: 810
Posted By kent123
Oanda offers micro accounts, well I wouldn't call...

Oanda offers micro accounts, well I wouldn't call it a micro they just let you trade what ever you want. The only thing their leverage only goes up to 50:1, thats good though for a newbie. It kinda...
Forum: Newbie Island 03-02-2008, 10:07 AM
Replies: 4
Views: 316
Posted By kent123
Stop loss's are very important, a stop loss will...

Stop loss's are very important, a stop loss will preserve your capital when you are wrong. We as traders have to understand that we will never be %100 right, so using proper money management and...
Forum: Rate my Broker 03-01-2008, 08:30 PM
Replies: 4
Views: 982
Posted By kent123
I have an account with oanda, they seem pretty...

I have an account with oanda, they seem pretty honest and reliable to me. I looked around and most comments I found on them were positive, and they are a registered broker. Their spreads seem pretty...
Forum: Newbie Island 02-27-2008, 11:07 PM
Replies: 14
Views: 1,489
Posted By kent123
Hey guys am not a full time trader but i plan on...

Hey guys am not a full time trader but i plan on becoming one soon. Am 21 so i got lots of time to learn this stuff if i want to make a living from it. I just wanted to say for the people wanting to...
Forum: Newbie Island 02-17-2008, 07:25 PM
Replies: 11
Views: 692
Posted By kent123
who trades with oanda on here

I've been doing some research on oanda does anyone use them as their broker. Are they any good or are they out to make traders lose. The reason i ask this is because i went over to forexbastards.com,...
Forum: Forextown 02-10-2008, 12:27 PM
Replies: 266
Views: 25,007
Posted By kent123
Well i learned the basics and i continually...

Well i learned the basics and i continually refresh now and then. I also try to learn different strategies and see how they work and see if they fit my lifestyle. Mostly all the strategies on forums...
Forum: Forextown 02-09-2008, 04:57 PM
Replies: 266
Views: 25,007
Posted By kent123
Am 21 and doing pretty good with forex so far.

Am 21 and doing pretty good with forex so far.
Forum: Free Forex Trading Systems 02-08-2008, 10:02 AM
Replies: 392
Views: 62,466
Posted By kent123
Does this strategy work on any pair. And what are...

Does this strategy work on any pair. And what are the best pairs you've found that work well with this strategy. Also can you give me an estimate as to how many times this strategy works opposed to...
Forum: Free Forex Trading Systems 02-07-2008, 10:21 AM
Replies: 392
Views: 62,466
Posted By kent123
Hi guys, I was testing this system with the...

Hi guys, I was testing this system with the eur/jpy works amazing on the daily time frame. I just had one question it says to set stop loss at a 100 pips, and when your first target is hit move it to...
Forum: Newbie Island 02-05-2008, 11:50 PM
Replies: 7
Views: 1,519
Posted By kent123
um yeah, if i want to gamble ill go to a casino....

um yeah, if i want to gamble ill go to a casino. I came here to make money, this new program will have a lot of newbies losing a lot of money. I don't see any way how this is gonna help a trader.
Showing results 1 to 25 of 38

 
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