something very odd just happened..... — i have The Beast running on a demo and a live account. On my demo account (which has been running without incident since the end of April), a GBP/CHF trade was in full recovery (1.2.6). I had lots of ...

Sixths trading - an EA by macman, Bob and Steve mk 2

The difficulty is that you can't be sure which way the market is going to go, or, more importantly perhaps, when it will correct itself after a massive move. The scale of news that might arise in relation to USD could rival 2008 in terms of effect. ...

Sixths trading - an EA by macman, Bob and Steve mk 2

there may be trouble ahead..... — Given the current situation in respect of a potential debt default by the US, I've started shutting down TB on all pairs on my live account. I'm currently tied into USD/CAD and USD/JPY, both long and in ...

Sixths trading - an EA by macman, Bob and Steve mk 2

A phenomenal amount of work has gone into this EA. Are you not recommending it for live trading on the basis that you occasionally have to intervene to close profitable trades? No EA is "set and forget". I've been trading this live (along with many ...

Sixths trading - an EA by macman, Bob and Steve mk 2

The difference is very simply: fxozgirl is using a much higher lot size than is considered optimal for The Beast. I'm making about the same returns as you (15%), and I'm using $0.20 per pip on a $4k balance (limited to a max of 5 pairs and all the ...

Sixths trading - an EA by macman, Bob and Steve mk 2

I also have a live account with Go Markets and find them to be pretty good. Execution is lightening quick most of the time (I use a UK VPS), but best of all is their Mt4 Iphone app. It's free and pretty handy for quickly checking things/cancelling ...

Reversi: a dynamically calculated x-candle reversal EA by Steve Hopwood

Actually, you would be surprised. I've had periods of up to a couple of weeks where the floating DD on my main account has hung around 2-3% and there has been barely any realised DD, so it's quite possible that fxozgirl is trading $0.10 per pip and ...

Sixths trading - an EA by macman, Bob and Steve mk 2

Something is not quite right here. If 0.01 lots on your account = $0.01 per pip, and you're limiting to 5 pairs, I can't see how you could be hitting 175% growth in 2 weeks I trade $0.20 per pip on a $4k account with pretty much the same ...

Sixths trading - an EA by macman, Bob and Steve mk 2

I'm loving this one already Steve I'm having a bit of difficulty getting my tired brain to set up the trailing stop for recovery trades and the jumping stop loss though. 1. I currently have Recoverytrailingstop set to TRUE, yet it doesn't seem to ...

Reversi: a dynamically calculated x-candle reversal EA by Steve Hopwood

Here you go: http://www.alpari.co.uk/en/trading_platforms/metatrader4/download.html To be honest though, it's still worth trying to understand why you are getting the error message, for many reasons: it can help Steve identify if there are any ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

Are you just using the default lot sizes in the EA? I think I may know what the problem is (I use FinFx). You often get that error when the EA and the brokers lot size doesn't "match", for example and EA that is designed to put a trade in of 0.01 ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

firstly: which broker are you using? which account type (micro/mini/standard etc)? is it ECN? what lot sizes are you using?

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

wowsers...... EUR/AUD and EUR/USD and USD/JPY all in heavy L3 recovery. Quite a scary sight when the price moves in the wrong direction with recovery at its limits! That said, I've currently got 6 pairs trading (pretty much all of which are in ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

The Beast (May 2011 Results) — Hi Guys, I've attached my MT4 statement containing my May 2011 results. Looking good! 17.5% profit for the month. Average floating DD has been between 5-10%. $3,000 account with 0.02 lot size.

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

No worries mate It won't matter how many times you read it, you'll still find stuff the next time that you missed last time round! There's quite a lot going on in the strategy and EA, so it takes a while for it all to sink in. Just give it time ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

I hope you take this advice in the context that I'm offering it (i.e. the interests of harm reduction!), but the scoobs/kiwi filters are probably about the most basic function of the EA and are clearly described in the user manual and thread. Do you ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

Recent developments in The Beast include filters which, regardless of the number of pairs and different currency crosses, will only allow a certain number and type to be traded at any one time. For example (this is all in the manual by the way): ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

There is no consensus in forex. If there was, the markets would never move. The Beast is hugely successful. It makes profits without breaking a sweat in all but the most extreme of circumstances (i.e. earthquake/nuclear meltdown in major ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here

With the greatest of respect, I don't think you're understanding what "random" means. You've just given an example of a "random" entry which is a either a buy or sell, calculated by reference to the historical movements of the pair. That's not ...

Nanningbob V5 auto-trading robot. Newbies, fearlessly ask your basic questions here