angelicafreeman posted: There is a lot that can be improved in this system. You can work on the strategy and use some better indicators.
To be quite frank...the EA is exactly what I want. There are certain things that I have changed and monitored in order to get things straight. Take Bitcoin for example ya?(in my profile) The settings I had did not work the way that I had intended losing around 15K initially. This was due to me not actually knowing how Bitcoin traded in the Forex market. But, once I figured it out I changed the EA to deal with the way it is. Since then, it is up 17K roughly! And as you will see, it doesn't matter with any volatility of the currency as Bitcoin is LITERALLY CRAZY with the way it moves,...MY EA adapts!
phillipgriffin posted: You can easily work on your system and improve your returns. Try some other strategy like range trading or price action maybe. All the best to you.
I truly appreciate the encouragement! I however already have the settings that I want(results forthcoming haha) but I have changed things to my liking! You will see in my 'Bitcoin' on my profile just how much I have changed things to trade! It was built for GBP, but adapted to EUR as well as the XAU, but I am now incorporating Bitcoin and Ethereum which I made changes for as well. Every currency pair trades different so it takes time to learn how and to change things accordingly.
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.
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Past performance is not indicative of future results.