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Posts by 196300

Dr Bill Finch 5 Min in Trading Systems Jan 04, 2021 at 21:32
The tp is $1.30 for 1st and 2nd trades
Dr Bill Finch 5 Min in Trading Systems Jan 04, 2021 at 21:29
I don't use stop loss and tp is standard in settings
Dr Bill Finch 5 Min in Trading Systems Jan 04, 2021 at 21:26
I would regard it as a long term strategy
Dr Bill Finch 5 Min in Trading Systems Jan 04, 2021 at 21:25
I'm not using stop loss as in back testing it lost using them. The TP is standard.This EAs worst point is it can hold on to trades for years. You need a big deposit at least 10gas it can have drawdowns (losing trades)of around $4000
Dr Bill Finch 5 Min in Trading Systems Dec 08, 2020 at 20:53
It runs with set TP but no stop loss. These are adjustable in the settings. Back tests showed using stop loss it loses. Its a long term strategy and makes money every day but can have around $2000 in unclosed trades for up to a year or more. As you know there is no perfect EA.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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