[LIVE] P2000 EA ver 1 - (HLM) diskuse

Hi There,
Tell me more about this EA. Is it for sell?

Thanks,
Ariel

Hi, it is not for sale. However, you can copy the trades using Autotrade.

Hedging EA: Design to Profit from the Market whichever direction it goes

Methodology: M5 TF with BB Band on High, Mid or Low band entry over Higher TF with Trade Management condition hard coded in.

Analogy: EA trigger buy/sell orders base on M5 Placement of Price Action over Higher TF.

Friday exit: Manual closure of all open trades after European market on Friday if overall trades for the week is in profit. To prevent any news over the weekend from affecting the trades.

Sounds like a very smart EA. How can I autotrade on live account, it says coming soon?

The Autotrade is still under going testing in the BETA stage. No way to tell when the live account will be ready.

You can track the forum discussion on Autotrade here.
https://www.myfxbook.com/community/general/myfxbook-autotrade/509295,1#?pt=2&p=1&o=509295

Ok, thanks and keep me posted whent to autotrade will be available.

arieldutchess posted:
Ok, thanks and keep me posted whent to autotrade will be available.

You can now open a live account with myfxbook autotrade.
Currently the broker is FXCM with no spread markups.

For more details, please refer to:
https://blog.myfxbook.com/

April seems to be harsh on you. But there is still hope...Good luck !

hi, do you use hard stop losses, in case there is a negative big spike for some unforeseen reason, can we discuss over skype or email, we manage funds and account protection is crucial. thanks sam

Hi,
congratulations for your results?
are you also on zulutr?

Thanks

results!

How can I evaluate whether an EA is basically suitable to invest, if I do not know its strategy?
I do not mean in detail, but at least if it is e.g. a System which buys against the market and waits till the positions are positive!
I dont want a system which buys against the market and suddenly the account is empty ;-)

What i would also like to know about a system:
-does it have a protection mechanisms, such as maximum drawdown or maximum daily loss etc.!?

So how can I evaluate the systems here, the data of the last trades or the drawdown until today is certainly not enough to do a larger investment!

samnz: Yes, it is currently using a hard stop loss of 100pips (its not using a hidden stop loss). Whether it is a hard stop loss or not, when a negative big spike comes, no one can escape. You can email to [email protected]

wolverine82: It is not on zulutrade. It is currently launched in autotrade only.

automatedtrading: This EA does not hold on to the positions indefinitely till the positions are positive. You should have noticed there is a stop loss of 100pips.

I recommend that you trade 0.01 lots for every $1000 balance. No, it does not implement a maximum drawdown or maximum daily loss on my end. But it is a good suggestion to myfxbook autotrade to allow such controls at the user end. You can choose to wait till the data is sufficient for you to evaluate the system.

nice results .. but i am sad that u close one of eur-jpy
09.04.2013 10:55 09.04.2013 18:19 EURJPY Buy 0.02 128.97100 - 128.87000 10.0 pip
it is still going up ...
is that from the strategy to close and let another active on market ???

Hi,

I am following your system live, just wondering why open a long and a short? Why not wait until you want to go long or short later, is there any difference?

Thanks

Freddy

Top Forex Signals:
This trade was closed based on a trailing stop loss.

Nordhoff:
P2000 is a Hedging EA which create Buy/Sell Orders of Currency Pairs whichever direction the market is moving. As we known the market Range and Trend according to News, Events, Sentiment and Technical Correction. It will not be easy to enter the market correctly all the time even for the very best trader in the world. P2000 is designed to survive the 70 to 80% during the ranging market and finally cash in on 20% of Trending market.

Fxtrading@SG (chewfx) : Thanks for reply>>>

ok thanks for the clarification, i just started following this week so good luck!

do you have a long term backtest ? what is the average p/l longer term, and the max and average DD ?

We don't have a backtest.