Yes, I know that. But I would like to know what is the EA set to take profit at?

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Are you asking a question? started at around 49K

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I am trying on FXCM with a large Demo balance. The EA has opened trades of size 4 lots. What would be the take profit its after? There is 37 trades it opened. Will it be based on 37 * 4 or just the 4 lots itself?

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Have you already thought or tested ways to avoid the perfect zigzag by setting equity targets lower than the 30% possible drawdown?

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Uhm... Sorry I am a bit lost. 1. I have just started trading on demo with 50,000. the EA has put orders of 5 lots of Gold per order is that correct? Could you please confirm what is the equity target the EA is aiming for? 2. Why would it be a 30% ...

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Can you please confirm one calculation. The worst case scenario is loss of spread on all the tears being taken. What is the comparison of this loss in pips/money compared the current setting for equity target. Can you please put both into either ...

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I get what you are saying but the situation I described is conceivable. I think we should also figure out what the EA should do incase all the pending orders have been executed. Depending on the take profit these 30 trades may be enough, it may not ...

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Hi Pipster, I am trying to figure out how this system really works and if it makes some logical sense while I carry on with the testing. If I understand correctly, its take a price p as base line and place sell order and buy orders at certain ...

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I am demoing with FXCM. They have a spread of 5pip. It seems to remain constant. Is that a problems for the pending orders or do we need the pending orders to be spread out further because of the higher pips. I see Scoo mention that his EA fell ...

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So, you have been trading with this EA on live? Can you show your explorer?

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So this is the Holy Grail ! Any other commodities you would like us to try other than GOLD?

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Is this a back test?

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So we don't need to set a TP either?

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Sounds Golden Are you able to post your explorer or MT4 report for the amount of time you have tested. These may help us quickly find logical additions from the Go set.

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I think I am getting the hang of the system and the 15M timeframe seems to suite my personality quiet well. Thank you Udine, mastermind and everyone else for your support. I should start posting charts from my Demo fairly soon. My question now is ...

As simple as possible: 00 level trading

Does the EA Automatically close orders or should that be done manually? Also should the SL be set to true?

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Hi, I am using the SweetSpotGold Indicator to see the 00 level trades. But, for the 15M strategy I would like the 0.50 levels highlighted as well. Can someone point me to that indicator or how SweetSpotGold can be modified. Thanks, K

As simple as possible: 00 level trading

Hi Guys, I am trying to setup the templates and the indicators. When I try to setup the 00 level template using the indicators in post 4 my MT4 crashes when I try and open fourth chart. Upto 3 charts it works fine but when I try to open the 4th one ...

As simple as possible: 00 level trading

Hi can you please share where these indicators are. They are not part of posts on page 1.

As simple as possible: 00 level trading

Fez, Once again thank you for your contributions. Perhaps it would be very helpful if you share some of your actual entries with us so that we have a clearer picture of what exactly worked best for you. Thanks, Kash

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