Posts by mkeysor
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[quote]tiag posted: Thanks Trick or Treat For showing how it is no different on other brokers and that it should run on AUDUSD. People this EA is not for everyone, the AUDUSD is showing a sideways market, please make sure you read the FAQ is at www.ichifx.com Note: For trick or treat to do this it means he reversed engineered the EA to break the hardcoding of AUDUSD and SynergyFX. As a developer I don't like software reverse engineered to break the constraints as I don't get paid for the work created. However, in this case Trick or Treat showed how it works. Gevsilent we will be providin......
[quote]muzzamcc posted: Same EA is here on myfxbook, updating properly it seems. http://www.myfxbook.com/members/MRTFX/mrtfx-power-live-synergy/374548 Website here, http://www.mrtfx.com Not sure why both Synergy and this vendor are both providing it but it's free from Synergy and $487 from the vendors page. [/quote] Muzzamcc is correct, the above link is the same EA, but it is updating correctly. But the only way to get the EA is through opening up a funded trading account with Synergy FX. The EA won't work on other servers, it will come up with an error. I know this because I introduce ......
[quote] tenix posted: I can't believe this "professor" is still around. Look at this chart (http://www.myfxbook.com/members/Professor53/professor53-june-15th-edition-ea/328808). He's running some dumb hedge / martingale EA he found on the internet. It made a few good wins but in the end it will blow up his account. Can't wait until he tries to sell this crap. [/quote] Don't be a weiner. Everybody is on here to try to help other traders out, there's no need to attack or belittle someone. Professor do your thing, you'll figure out something that works for you.
[quote] PayPip posted: This is beyond hilarious, what exactly can't you hedge. If I buy a car I hedge that purchase with insurance. If I'm long AUD I can hedge it by going short NZD or by going Long USD or Short any commodity futures, hell Short S&P there are a thousand different scenarios you can do for practicably any trade. Quit being hung up on hedge the same pair lol [confused] [/quote] Some people use EA's that hedge the same pair, that's why the information is useful. Quit being hung up on thinking you know everything.
[quote] dlathrop posted: I hedge and exit my trades in whichever order I like... The CFTC does not allow hedging and U.S. brokers must abide by FIFO. However, a U.S. broker can technically take care of hedging and FIFO in their back office. This allows you to both hedge and exit trades in whatever order you'd like to on the actual MT4 platform. It's fully compliant with the NFA and CFTC. [/quote] dlathrop, which US broker do you trade with? That would be good information for all the US traders that are looking at this. I know FXDD does it in the backoffice, but that's the only one I......
[quote] PayPip posted: A hedge is nothing more than reducing risk with an offsetting investment. You can hedge with any broker. The only thing you can't do is take up opposite potions on the same pair. [/quote] Yes, I understand that. But when brokers talk of allowing hedging or not they are talking about opposite positions with the same pair. I make good side money with an EA and it hedges opposite with the same pair. So US brokers don't work for me, but maybe FXDD. It works on their demo accts.
The only US broker that I know you can hedge with, at least on the demo accts, is FXDD. But they don't call it hedging. Who are these brokers? I know you can't with IBFX.
I would say FinFX is going to be your best choose if you're hedging. That's who I'm with and all my trading involves hedging. There's a few IB's that give rebates for them, Rebates Forex has the best rebate rates, but I haven't looked super hard so I'm not 100%.
[quote] forexproptrader posted: There are several decent USA mt4 brokers available that will allow rebates on your trading volume. Please let me know if you are still searching for one. [/quote] That's true there are several decent USA brokers, but the Professor is looking for the ability to hedge as well, which isn't allowed under Dodd-Frank. But I believe you can with FXDD, they don't call it hedging though and they have it reported different to follow FIFO rules. I'm currently "hedging" on a FXDD demo acct, it might not work when it comes to their live accounts, you'll h......
FinFX does accepts US clients, they charge a 7 commission per roundturn lot ONLY on ECN accounts. Their micro accounts do not charge commission, but the spreads are still very good. This is an awesome broker spread tool myfxbook has: http://www.myfxbook.com/forex-broker-spreads. They offer 200:1 leverage, They allow hedging and EA's. I haven't traded with them for too long because I was with Hot Forex until they said they stopped accepting US clients, but have been really impressed with their customer service. I use a VPS and have great execution, I use Commercial Network Services. Here......
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Indications: Stock futures flat; Fed’s Evans ...(7 min ago)
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