You should google a little bit before posting. These awards are neither invented nor auto-awarded. They exists and other borkers have received them as well. If this is to be taken seriously or not when choosing a broker is another question. FBS ...

Bogus Forex award or legit?

Not sure, but brokers don't allow triangular arbitrage. Let's wait and verify. My guess is that some trades will be cancelled on real accounts.

Three Pair Hedging/Arbitrage Strategy for Free

I missed this one completely. Do many news of low importance make an important event? I noticed that 3 medium news don't change anything, but this one, 7 of low importance makes a difference. This is confusing.

News trading discussion - continuation

I am still on demo, so I can't say anything except the only solution is to not trade the news . I've read that slippage can be 20, 40 or even more. Maybe there is a way to reduce slippage but in all cases we have to deal with it and expect lower ...

News trading discussion - continuation

Hello! I developed my strategy using this: url I've choosen Donchian Channel to find where I place the stops. In the first minutes after the new, my stop losses are very large. They are narrowed after 10-15 minutes. TP depends on the symbol. It is ...

News trading discussion - continuation

I suggest you check the number of orders. I have the same function in a script and it never close all orders at once. Try this in your LockInProfit(): int c=0; while(OrdersTotal()>0) && c<20) { CloseAll(); c++; } Variable c makes sure it does not go ...

my LockInProfit() and CloseAll() fail to close everything

Excellent question. I'm curious too. Actually, for instance on a USD new, I trade all USD pairs, except some like USDRUB, which seem not affected. This is not very efficient as I must divide the risk equally, and some pairs are very affected, some ...

News trading discussion - continuation

You show that you know how to calculate compound interest, but to be realistic, your worksheet must take two things into consideration: 1) Lot size and number of positions is limited by the broker, so at some point the account growth becomes linear. ...

Can someone become Retail Forex Millionaire - myth/hype/dream

The fact is that the probabilities of blowing the account tomorrow or in the next hour are exactly the same as those of the long term.

Does the martingale system really work?

Hello, I'm actually thinking about a similar strategy, so your topic sounds very interresting. I'll go directly to your last point. I came recently to the conclusion that, because you expect to exit with a profit when the pairs re-correlate, it is ...

Highly correlated pairs and standard deviation

Sorry, this is too big.

Need help to convert simple MQL4 indicator to MQL5

I don't have any experience on that, but what I read is that until 100-200 lots there is no problem. Supposing max lot is 50, we can expect to place 4 to 8 times 50 lots, which won't be executed at the same time but if latency isn't a big problem, ...

Would Oanda Cancel My Account if I Doubled it Every Month?

You can't double your account like that, even if your trades are successful, for two reasons: There is a maximum lot size for each symbol and a maximum lot size per day, so your curve will become linear eventually. Your curve will also flatten from ...

Would Oanda Cancel My Account if I Doubled it Every Month?

This is an EA, of course can be backtested. Use the .set on GBPUSD M1 for a start.

Correlation style traiding

Yes its mql5. Considering what you want to do with the 4th pair, mt4 won't do. The idea is to move this EA to an indicator for buy/sell signals, which could be used on any pair. The option "all symbols" of mt5 will be useful to tell us which pair ...

Correlation style traiding

I think I get the idea why you open all three in the same direction. I made an EA which gave me the following conclusions: - MA(10) or any other period/timeframe has no effect. Just less trades. - As the pairs are correlated, my intuition is that we ...

Correlation style traiding

This sounds correct. We should long GBPUSD and USDJPY and short GBPJPY in order to hedge correctly. I like this strategy.

Correlation style traiding

On two EAs I made, Ive been able to compare different ways of setting lot sizes and martingale is not the best at all, despite it is not the worst. I've found that anti-martingale (dividing lots after consecutive losses) gives same results with of ...

Does the martingale system really work?

Problem is that the opposite situation is also possible. I was long on London Stock Exchange, a nice winning position. But I neglected SL, which was kept very wide. So, my demo account lost 57% overnight. I should have made it very tight. Lesson ...

Trading without stop-losses