Hi everybody! I am running this EA for first day on demo, and it gained almost 100%. All I need for this scalper is broker with 1 pip. Is there any broker with 1 pip? I found Sigmatrader, but reviewes for this company are really bad :(
Hi Profijet Sorry there is no decent broker out there with 1pip spread on EURCHF, and stay away from Sigma. I guess this EA is ISEA or the grail from MQL4 website ... This would indeed be a great EA if you could find a honest broker with 1 pip spread on EURCHF, no slippage and no requotes
Looked myself a few months ago ... no luck, maybe someone else has found one
LOL! - Don't even think about it! - NO Broker maintains a fixed 1 pip spread. Even the best ECN's fluctuate as the banks Bid/Ask shift. Good call Robert - The ISEA Demo dream machine LIVES!! - Realworld slippage will KILL YOU trading scalpers.
Going for 5 pips GREATLY increases the chance of hitting a StopLoss and it means that you'll have to widen stops just to hang around long enough to get to 5. EURCHF/EURGBP only has a 50-60 pip daily range. so trying for 5 (a 10% move) is VERY risky for this pair. 1 or 2 pips can be hit just by the market bounces of normal trading - outside of that you're playing with FIRE!!
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Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
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