I did not use EA ever in my trading because i think most of the EA is false and i also belive that if trader in their trading EA then they cannot learn about this market and ultimately will not be a successful trader at all.
I did not use EA ever in my trading because i think most of the EA is false and i also belive that if trader in their trading EA then they cannot learn about this market and ultimately will not be a successful trader at all.
I think the adjustments are inevitable because robots that are able to think like humans are still light years away making it impossible to come by robots that can trade all market conditions. Maybe Artificial Intelligence will not be long in providing an answer for that.
My favorite pairs are eu and gu. Besides this I was interested about au. But still now I can't made my mind to use any ea for doing trades with these pairs for live accounts. Because I wasn't successful enough in the demo trades with the so called "good" ea's.
when first time robot launched at past time it means when certain robot become high profit it means market movement support this robot then finally profitability not only from robot performance but also from external variables which become holistic variables but when in the next trading robot not exactly can reach better profit because all of external variables change
Never give up, never, never, never (Churchill)
Though I don't trust default EAs or indicators. I tried using this EA on demo but it's not placing any trade it just stand there looking at me.
I believe that almost of EA have strenght in profit reaching because almost of EA in our MT4 terminal are the championship result several years but when they won EA championship may be not suitable for our latest condition now so we need to modify become better setting or adjustable in our trading style to reach better profit
Never give up, never, never, never (Churchill)
I used this MACD EA from our terminal using TF H4 and for GBPUSD pair for swing only because starting position using this MACD EA but TP I modified become 300 pips (default from terminal just 50 pips) and SL I do not used and I only use trailing stop and modified become 200 pips trailing setting in this EA script
Never give up, never, never, never (Churchill)
GBP/USD is bes pair to trade with this one
15m time frame
300-600 pips monthly
Bes to on default
UK server is better one
For my trading i always use it on the default setting and after i enter me into a trade then i manage the same manuall means i remove the EA and then manually handle the trade.
"Take a trading break. A break will give you a detached view of the market and a fresh look at yourself and the way you want to trade for the next several weeks."
yuventius (10-05-2012)
this EA better used in entry position only but sometimes so difficult to set closing profit without we make setting this in the script or better we use trailing stop, and in this script needed to change of TP or SL or trailing setting or not? because if we have 300-600 pips target we should change this script setting because original EA only 50 pips TP
Never give up, never, never, never (Churchill)