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Amazing EA (By dominator)
The user has deleted this system.
Amazing EA Discussion
Dec 08, 2015 at 10:51
674 Views
17 Replies
Member Since May 20, 2011
694 posts
Dec 08, 2015 at 11:25
Amazing EA on demo!
Member Since May 20, 2011
694 posts
Dec 08, 2015 at 11:48
no no just trying to help!
Member Since May 20, 2011
694 posts
Dec 08, 2015 at 11:58
OK, looking forward to it!
Member Since May 20, 2011
694 posts
Dec 08, 2015 at 12:07
dominator posted:
Look november statement for the old EA
This is illegible..
Member Since May 20, 2011
694 posts
Dec 08, 2015 at 12:13
ill just wait for a real myfxbook
Member Since Dec 04, 2010
1447 posts
Dec 09, 2015 at 01:47
signs aren't great. Can't understand why anyone using the scam brokerage of FXCH. Many of the scam EAs on this forum (often arbitrage systems with very low duration of trades) use this scam broker that there are many warnings about. Demo is useless for this type of strategy due to slippage with such low trade duration. Will wait to see if a real account appears for a reputable ASIC or FCA licensed broker...
Dec 09, 2015 at 10:49
so you say that cannot be done on live account? why?
i saw videos, recent videos where the similar ea going on real account!
i dont want to trade 10 k lots on real . i am happy with 2 lots maybe or even 1
i saw videos, recent videos where the similar ea going on real account!
i dont want to trade 10 k lots on real . i am happy with 2 lots maybe or even 1
If i want, I can, if i don't want, maybe!
Member Since Dec 04, 2010
1447 posts
Dec 09, 2015 at 11:19
The issue is that EAs like this that have very low trade duration aren't allowed on the slow bucket shop brokers like FXCH (who only allow trades over 7 minutes in their terms and conditions -as they aren't hedging trades with liquidity provider in time. they are B booking your trades). But happy to be proved wrong if we see a real account on a reputable broker. Also don't believe videos you see, often they are on scam brokerages or demo accounts pretending to be real that aren't verified on myfxbook as real accounts. Many similar systems on here currently that the scam sellers are trying to sell for $2,000.
Member Since Dec 04, 2010
1447 posts
Dec 09, 2015 at 12:02
(edited Dec 09, 2015 at 12:05)
the real brokers have slippage which often can wipe out gains when the pip expectancy is so low per trade. But happy to see it run on a reputable broker real account, I am sure many people would love to see that:) This looks more like an arbitrage EA rather than a true scalper as the trade durations are less than 1 second, rounded down to 0 seconds, so in the milliseconds. They take advantage of slower price feeds on less reputable scam brokers who B book trades and aren't ECN. But good luck on getting it to work on a real asic or fca regulated broker:)
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