Last update for now. After such a good run of +2463 pips, looks like the run away trend has got mine- which we knew would happen...well it's not margin called yet but unacceptable DD for anyone I'd say if this was a live account. I guess some sort ...

Sterling Challenge 1

You would have still been in the big short trade on IBFX from what I see, trade would have been entered as a reversal on the 28th from 1.5252, would be still sitting on around 380-400 pips now. I won't post a chart because IBFX charts confuse things ...

4H 5EMA System

I was thinking most Ea's usually use the broker time, and Forexflash states in the first post that he uses fxpro and they are GMT+2 hours.

Panther system

Zima, This Chart may help explain what may be hard to see on Sterlings.

4H 5EMA System

HI Forexflash, Thanks for posting, looks great, Just wondering, I'm assuming the 8am to 8pm is your broker time? If so what is it in GMT for those who want to use on other brokers of different times.

Panther system

Yeah I noticed that but it was just a problem with the demo, it looks like they were changing over from 5 to 4 digits on the demo as well, the market watch had 4 digits but the actual price quotes I was seeing were 5 digits. I opened a live account, ...

First Australian MT4 broker?

Hi Sterling, Any chance you could post what I have written in Red into the rules, I did post this many posts ago but I think you may have forgotten, myself and a few others were a bit confused by this at the time, so the extra clarification was good ...

4H 5EMA System

You could download the demo from alpari-us.com if that is what you mean?

4H 5EMA System

You can use Alpari uk or Alpari-us to follow the trades, they both have the same candle time. Personally I prefer to use Alpari US in demo as it has 4 digit pricing which is less confusing, Sterling uses that as well I believe.

4H 5EMA System

I started mine 17 days ago when it first was posted the original default on GBPUSD. $5000 account. 1 Mini lot $1.00. As of right now- +2078 pips = $2078.00= 41.5% profit. $7078.68 balance Max floating loss ever seen- 841 pips/$. Hasn't come close to ...

Sterling Challenge 1

I've been demo trading it on Go Markets Australia recently and the last 2 or 3 times we entered on Alpari and got stop out at a loss, the Gomarkets entries caught the trend and profited quite well- So I can really see where using 2 different timed ...

4H 5EMA System

If your go over the rules you will see we only put in the reverse trade order after the candle that triggered the order you are talking of has finished, for now while said candle is forming you only have a stop loss, and if the stop loss is hit the ...

4H 5EMA System

Not sure about the spread, I wouldn't think it would be fixed but would appear pretty stable on the target spread they say most of the time, like most brokers, will see. I don't actually have account with them yet, but will be opening an account ...

First Australian MT4 broker?

Exactly, I think the most confusing aspect for people who first read these rules is the fact the reversal bar is called "the reversal bar" and then we have the "reversal trade" which sometimes has nothing to do with a reversal bar haha But naturally ...

4H 5EMA System

Got some good news from Go Markets Australia, First of all they are changing the the live accounts back to 4 digits from 5 digits, already done now but the demo will follow. and The live account you can actually trade .05 lots 50 cent per pip ...

First Australian MT4 broker?

I'd say he is talking about the source code of his EA which you used a decompiler on and then posted his code here for everyone to download against his wishes, looks like that post has *mysteriously* disappeared. Can't be 100% sure it was you ...

Sterling Challenge 1

Of course yes, I wasn't thinking of that as I didn't have a trade in on my chart at the time.

4H 5EMA System

Sterling/ Hiranya Thanks for the confirmation, yes I missed the open this morning so didn't know the exact point we entered again. Good to know that when two consecutive setup bars have the same high or low the most recent becomes the new point for ...

4H 5EMA System

Sterling and for those using Alpari, Right now we are long from about 1.4942 right? With SL sell stop at about 1.4836. I've misssed out on the last few trades and todays open being busy/sleeping etc... Just checking.

4H 5EMA System

My results for 2 weeks default are + 1518 pips Max floating DD has been -841 pips. It was rare to get much DD but it does happen. I'm stopping this one now as I want to give the new version a try on EURGBP.

Sterling Challenge 1