Seeking good EA

Looking for ea bestforexsniper?
Is anybody have?
Please let me know.

thanks

I am testing a martingale system in my EA because statistically over the past 4 years of backtesting on 3 pairs it averages 1 consecutive loss. The worst it has done is 5 consecutive losses. I am in the process of forward testing.

So, if my martingale incorporates the possibility to cover 9-10 consecutive losses, it will hopefully be awhile before I blow my account.

DoubleTrap, what kind of system are you using the martingale on? 1m or 5m scalper?

Hey guys if you would like to check out a decent trading system that actually works go to FX Auto Trader They allow you to try the demo free for 30 days, latest results posted for April, 2009.

The EA works on the hourly timeframe with the pair gbp/jpy, so you have to attach it to a hourly chart. It only accomodates 4th decimal pricing for now. All settings are as is, you don’t need to change anything. It must be traded on a mini account, using lotsize 1 mini lot with minimum equity of $5000 or 1 micro with minimum equity of $1000.

This is clearly an EA based on the Martingale strategy, i.e. doubling the lot size after each loss. Look at the statement to see for yourself.
This is hardly a “decent” trading system unless you want a margin call :wink:
I’d stay away from this EA and go take a relaxing walk at a local zoo spending your money on food for the giraffes.

Not necessarily true, if those guys could make, say, $50.000 in a few months by selling their EA, they would probably not have gotten that same amount of profit by just using their system.

I run my account on a combination of EA’s:
-fapturbo
-fxdroid
-fxmaestro
-ea shark
-ea griffin
-some self made EA’s (might even start selling one of those ;))
-some free sytems
-still testing a new one (mercuryfx)

hey can somebody help me im very new to this but i do ok with the adx indicator as my buy signal and the heiken ashi as my sell signal. How do i go about creating a EA using both of these.

Right now i run Thunder to scalp eurgbp, eurocross_d02 to scalp eurchf, and soon i will put stat_euclidian_metric EA to trade EurUsd in my live account. All are free Expert.

friendster.com/photos/6532533/1/470960195
Friendster - HaLMaN TiNg AnD’s Photos - Latest Profit

See latest info,latest real account and backtest NO LOST…

Latest result, deposit usd5000,profit usd150 per trade, 15 days trading, 16 times straight profit, NO LOST…
just use 5% from deposit and 30 pips profit average everyday…

Which ea do you using?
thanks

Hey,
How to get this free expert?
Please let me know,
thanks

The EA I coding by myself…
Average profit 50% - 100% every month…

I think I have tell you the link. Just browse it, you will find it.
Regards.

hi…can you give me your profitable EA?

Hi
So are you going to sell this EA or how can one get it?
How long you using it? Or do you have only 15days history?

I have been through the pages on this thread and this post and the following ones by [B]o990l6mh[/B] are by far the best ones on this thread.

[B]Why?[/B]

Because they speak the truth.

The new traders here, lacking trading maturity and skills, will not listen and run to what they see as quick riches - the EA.

We veteran traders desperately need these newbies!!

[B]Why?[/B]

Because we need a ready supply of funds providers so that we can take those funds off them!! :stuck_out_tongue: :stuck_out_tongue: :stuck_out_tongue: :smiley:

[B]And you are the sucker who purchased them all !![/B] :stuck_out_tongue: :stuck_out_tongue: :stuck_out_tongue:

I run my account on a combination of EA’s:

-some self made EA’s (might even start selling one of those ))

So you admit that you cannot trade!!?

Who would want to buy your rubbish?

Ahhhh…another sucker!! :stuck_out_tongue:

I start using this EA since 2008…
If interested email me personally

funny, all this talk about blowing accounts with EA’s and i haven’t blown an account. it’s about knowing how to use an EA and you’ll only know how to use them if you know how to trade in the first place. i have bought 3. I trade six pairs total and they all have different strategies for diversification so they don’t all do the same thing and loose all at the same time. If any new people are going to buy an EA for complimenting their manual trading, do some research. make sure they have some type of forward statement and read that statement carefully to understand what type of strategy is being used and whether or not you have enough money in your account to survive whatever type of draw down occurs.

Is this right or should I take a walk @ Serpentarium?

5% of the $5000 is $250.
you used 5 lots per trade
and made $150 per 30 pips, thus 1 pip = $5
therefore, your leverage is 10 assuming a 100k contract size.
so, in the statement you posted you used 10% [not 5%] of the deposit per trade.

Furthermore, a few points to consider:
SL of 400 pips, @ $5 per pip, max loss is $2000 per trade.
TP of 30 pips, @ $5 per pip, max win is $150 per trade.

I guess the real question is -> are there any open trades that are just “hanging” there? [possibly waiting to hit SL]
What’s under the “Trade” tab? :wink:

Finally, this report is not convincing. No, really -
Anybody [yes, even I] can open 20 random trades with a SL of 400 and [TP of 30] and expect 16 of them to hit TP within 2 weeks - no magic here.
But I would not be surprised if the “Trade” tab showed the remaining 4 open trades that are just sitting there @ -$1000 each. There is this difference between Balance and Equity.
This is why they invented the “Save as Detailed Report” option in MT4, so that these “stealth” losers won’t fool people. And even then… just edit HTML and put what you want in there…

You decide for yourself, but I am off to watch tigers in their fake habitat.
:wink:

The simple fact is that these EA’s may well make you quite a lot of money in the short term.

But in the long term, as the character of the trading changes, they will cause you to lose more than you gain.

The sum total of your endevours will be…

1 - a loss overall in your money.

2 - a waste of time.

However, I cannot tell the newbies this.
It is like talking to a brick wall.

The school of hard knocks is the only thing that will teach them!! :wink: :wink: :stuck_out_tongue: :stuck_out_tongue: