Ok this is risky, but I need advice. I opened an indiegogo page to help me fund some of the development of this EA seeing that I am received requests and PMs from everywhere for a lot of setting changes and enhancements. I appreciate it, but it is a ...

Simple High Profit low Drawdown Triangular Arbitrage

@mr.brown simple math yes ... Starting to get complicated to build it into an EA, but still a lot of fun @rogelio11 Thanks for the broker roge. Keep in mind I build this EA just as a test and testing exclusively using a broker called ...

Simple High Profit low Drawdown Triangular Arbitrage

@kosmo I understand. thanks.

Simple High Profit low Drawdown Triangular Arbitrage

@subheadseven You do have a point there. $100 will be about $1000 in one year if all goes well. $40 x 12 for the vps=$480 Therefore I need $580 at least to do this for one year and it still need to run another 8 months to get to the $10,000 stable ...

Simple High Profit low Drawdown Triangular Arbitrage

@tunera You are correct. Or at least I also think so so I taught the EA to also thinks so. @kosmo Thanks kosmo. You are right Just do not try it using this EA as it is hardcoded for 0.01 lots. But I would love to try it. What broker do you ...

Simple High Profit low Drawdown Triangular Arbitrage

@jacktrader1 WOW you have got a 500:1 leverage. NICE Unfortunately metatrader 4 does not have the ability to test multiple currency pairs at once. Therefore I only backtest using metatrader 5 and then convert the MT5 exclusive coding using ...

Simple High Profit low Drawdown Triangular Arbitrage

@kosmo. Thanks, but this strategy is not very effective below $1000 on a 200:1 leverage. I suggest $10,000. Might be better on a higher leverage so I will find another higher leverage broker to test it later. Still. $10 + $40 per month for VPS. Is a ...

Simple High Profit low Drawdown Triangular Arbitrage

@shiva I just removed the leverage limitation, but keep to 200:1 until I can test it with another broker also. Will work on the user spreads. What is good spreads for those 3 pairs ? I used myfxchoive's pro account. It is an ENC commission account ...

Simple High Profit low Drawdown Triangular Arbitrage

@subheadSeven There are 2 EA groups. The one that says "avoid Fridays" will not open trades on Fridays. Otherwise they are the same. The EA that avoid Fridays will have a smaller drawdown of about 18% at worst, while the other one will get stopped ...

Simple High Profit low Drawdown Triangular Arbitrage

@subheadseven What do you mean "not suitable on Friday"? This system works well on Friday, but is bad for your health if there is a big weekend gap and a weekend gap in the wrong direction can cause you to hit the 25% stop loss, BUT as said it is ...

Simple High Profit low Drawdown Triangular Arbitrage

@skg3007 Thanks for the advice, but @mr.brown is right in that you need a fast connection to the broker you use. I used to use a vps connected directly to myfxchoice and it was fantastic, but it bled me dry financially.($40) One day maybe I can do ...

Simple High Profit low Drawdown Triangular Arbitrage

@mr.brown I really appreciate your input. I was thinking the same thing about 3 programs running the same time, but I will do that at a later stage seeing that there is a lot of other potential problem that need programming first. As for the VPS. ...

Simple High Profit low Drawdown Triangular Arbitrage

@mr.brown Yes I suspect double and triple is included, but swap is a minor amount to the profit. As for the size calculation. I leave the calculation the same for the run of the position, but I do recalculate once a position is closed and a new one ...

Simple High Profit low Drawdown Triangular Arbitrage

@mr.brown Thanks for the input Not sure I understand correctly, but here goes. I actually bargain on the price changes. If the price never changed then I would make no profit or loss for that matter, except for the spread, swap and ...

Simple High Profit low Drawdown Triangular Arbitrage

@Waddah I might calculate it wrong, but I do the following : GBPJPY = lotSize GBPUSD = lotSize USDJPY = lotSize * GBPUSD @HurryK I know yes and would love to test it. I am busy testing it on a demo account, but I have got a 400ms lag ...

Simple High Profit low Drawdown Triangular Arbitrage