Thanks CodeMeister for your quick response. I appreciate that testing is somewhat unreliable, but I guess I am just looking for a bit of consistency when testing. And at the end of the day, backtests do give me a pretty good idea if something is ...

MT4 with Accurate Historical Data

A blanket statement saying that all EAs (robots) are rubbish is a little of the mark. There are plenty of traders out there, myself included, that use EAs to help with their trading. I use mine predominately to get a good entry when certain ...

Which forex robot is the best?

I agree with most, that martingale in it's simplest form of just doubling up when a trade turns against you, can and probably will eventually wipe you out. But having said that, I am a fan of the martingale method and have dabbled in it with my own ...

Does the martingale system really work?

I am very curious about the use of martingale in forex trading, so much so, that I did have an EA called FRED specifically built for this. I can understand the negative comments surrounding the use of martingale in trading as I too have blown plenty ...

Martingale EA. Almost can't lose!

Not really knowing much about binary options, but seem to be lately getting hammered with emails about them. One thing I can see that maybe advantageous to anyone that trades these instruments, is that because you know your exact risk before you ...

Binary Options - How not to get stopped out

I have a theory I would like to run by some of you, if you don't mind. If you have been to my website (as in my signature below, and no there is nothing to sell), you would see that I have a strong interest in building my own EAs. Well, I have the ...

Forex Trading Team

Okay guys, I have recently received my third version of the EA and it is now ready for some testing. I have sent an email to all of you that showed some interest in it, including the EA, the 2x custom indicators and some basic instructions. If you ...

Forex Trading Team

Just a bit of an update. I have had my first version of the EA sent to me, and it looks okay after just a bit of hit and miss testing. There are a few modifications required, and I need some clarification from my Programmer re a couple of points. I ...

Forex Trading Team

There are some good replies here with regards to risk, and as many of them stated, each trader is going to have a different style of trading, including money management. You hear of traders stating that you should have a risk/reward of 1:2 etc, or ...

When to break the 2% rule?

MPP; I have no idea what the difference is. I just picked up the QQE Adv one day by accident, read the rules on how to interpret it, and it seemed to make sense to me. It certainly is more effective when used in conjunction with other indicator/s, ...

Forex Trading Team

Thought I'd share the two main custom MT4 indicators I use for a lot of my trading decisions, one the QQE Adv is probably pretty easy to find around the forums etc, but the other, MACD Platinum probably not so. To get an idea how I use them, just ...

Forex Trading Team

Okay the EA process has started. I have received a response from my Programmer, stating she has had a brief look at the overview and the video, and cannot see any problems with coding on what I have presented. She has given me some initial questions ...

Forex Trading Team

I have had a few private comments about the possible trading group, and I thank those that have contacted me. I have knocked up a basic first video for my EA Programmer to have a look at just so she can get an idea of what I am after. You will be ...

Forex Trading Team

salamonp, if you after a very good programmer, then I would highly recommend Christina from Wise-EA. She won't do it for free, but she will do an excellent job with outstanding communication. Just make sure you are clear on what you want and ...

Forex Trading Team

CindyXXXX, I think you maybe right. The problem is though, that even though there appears to be thousands of forex traders around, especially when you go into forums like this, you wouldn't believe how hard it is to find traders in your local area. ...

Forex Trading Team

domenicfx, I probably disagree that a trader has to work alone. I will train the team to a standard where I am happy for them to make individual trading decisions based on the method. More often than not, there will only be one trader actively ...

Forex Trading Team

Thanks for the replies guys. A few did send me private messages or emails via my website, and I will answer those in the next day or so. ATrader1, I probably agree with you to some extent as it was very frustrating the first time I tried it. I think ...

Forex Trading Team