You seem to have a very nice EA on you account! Did you develop it yourself? Would you mind sharing it, or letting me know where to find it? 😁
If this would be a real account, would you still trade 1 lot on a $2000 account? 😱 I guess the EA must close the open trades very quickly if the market moves in the wrong direction. It seems to be closing the open trades if they are -1 pip, right?
Hello Jeff Using Mt4 and simply testing the new Money Management feature to be sure it works before taking it live again, also have it taking from 2 to 15 pips per trade when possible. A few new features also being tested on this one before giong live.
Thanks Chris. Now to iron out the bugs in it and take it live once more. PIp lock is interferring with the Trialing stop or it might take even more pips. Just a modification error between the Breakeven - Trailing stop and the pip lock feature. Hope to have it resolved soon. Hopefully in the New Year. To Success Bernard
pc8multifx posted: trade holding time between 3 s and 18 seconds??? LOL
I would like to see which broker on real live account allow this on the long run...
Actually there are a few brokers, but when a person starts to disclose this information then all the scalpers out there tend to open accounts with that broker and , well we all know what happens then.
I do not run this program on a live account by itself, but rather run it with several of my other programs to ' hide' if we can call it that , these quick scalps. Normally I have 20 or more trades running at any given time, smaller lots and if they stay open for any length of time, it really does not matter, they make their smaller profits as time goes on. Some close out the same hour or the same day and some stay open for several days. Again they are only there to ' hide' if we can call it that , these quicker trades, which normally trade much larger lots, as the success rate is very good , near 92% and the drawdown is nothing to even look at.
I also do not run it day and night. Rather I determine what I want to make in a given day, allow it to run, and then simply turn it off , and allow other programs, to initiate trades and either win, or lose a few.
The profits from this program have always compensated any losses, when they occur form the other programs, so losses as I mentioned normally do not raise a real concern on my part.
I have only sold five copies and we all trade with the same restrictions, so we do not ' wake ' up the brokers we use.
If we simply ran it day and night it would be a ' red ' flag to any broker, for sure, and they would most likely close down our accounts.
Is is unfortunately not for sale, and the few that I have released it to, are long term members of my support forum, and we have a mutual trust that no one will ever share the program, recompile it and re sell it or other foolish ventures. Working together we have made a fair profit, not a fortune, and continue to do so.
I have found in testing live that many brokers are there that the program will trade on, but if let run for pure greed, then the broker tends to place a re-quote script on the account, and thus kills the mythology, of how it works to begin with.
The problem with many good programs, and they are out there , is that they are sold and or shared with simply too many traders that want it all today, and forget that tomorrow is just around the corner, and as such manage to kill the program before it ever has an change to prove that it can run on a long term basis.
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