FX Trading Elite!
Friday, February 1, 2013
100 Pips Daily Scalper Free Download
FX Trading Elite!
Monday, January 21, 2013
Multi Ilan Auto V 3.3 & 3.4 Free Download
Ilan is martingale type EA that can make a lot of money very quickly, but will eventually blow your account. Becareful with all versions of Ilan please!!Works best on any ranging currency pair.
Saturday, January 19, 2013
EA Euronis Free Download
The new version is able to trade adviser at the cross pairs, not only in normal mode, but replacing the warrant directly on cross pair (eg EURGBP) for a couple of orders through the dollar (EURUSD and GBPUSD) in certain proportions and directions. As a result, most dealing centers, we obtain the result in the spread mode "in the dollar, lower than the spreads on cross pair that trade makes available a maximum of 6 cross-pairs: EURGBP, EURCHF, GBPCHF, EURCAD, GBPCAD, CADCHF in normal mode, and through the dollar (CrossOverMode).
Kangaroo EA Free Download
Its entry signals are supposedly based on retracements of the underlying AUDUSD trend, at which point the EA attempts to open a scalping trade with a take profit target of 20 pips and a stop loss of 60 pips. As the market starts heading toward the SL of the position, new trades are opened at different levels while the TP is moved closer to the market. In the end, if TP is hit, it still brings about 20 pips worth of profit at the initial lot size. This begs the question: what happens when it hits SL? The answer to that is not easy because of the distance between orders, but in a nutshell you get a drawdown. The EA manual has a rule of the thumb to calculate it: multiply the configured risk by 4 to calculate the potential drawdown (in percent) resulted from such a situation. From what we will see in the backtests below, this seems to hold true.
Edit: the profit target is adjusted by the spread so I initially thought it was lower. In fact, it’s 20 minus your spread.
It should be noted that the EA takes spread into account when setting its SL & TP, so the lower your AUDUSD spread, the better the EA will perform. This will probably lead to quite a lot of differences from broker to broker, but as can be seen from my backtests below, it seems to work with spread 3 about as well as with spread 2. Bottom line is that the better your spread, the faster the trades are closed and the lower the chance of the EA hitting a stop loss.
I’ve witnessed several occasions where the EA took hedged trades, so it doesn’t look very friendly to the NFA rules. Then again, I’m not very friendly to the NFA rules either and I don’t know any trader or broker who is. You can probably run it on a broker that enforces the NFA rules in their MT4 terminal, but you will likely miss trades now and then.
It should be noted that the EA does not trade very often. While there are usually around 2 trades per week (by “trade” I mean position, each such position having up to 6 trades), I’ve seen weeks without a trade. Most positions are typically closed within 24 hours, but I encountered quite a few situations where the trades were held open for 2-3 days. There is no concept of a “trading session”: positions are opened around the clock, with the notable exceptions of Fridays and early Mondays.
The EA runs exclusively on AUDUSD, at least for now. It’s unclear whether it will run on other pairs, but an article on the developer’s website seems to indicate a future competition for that.
Tom's EA Free Download
Unlike most robots, which were created to extract as much money from traders as possible) Tom’s robot software (which we lovingly call ‘Tom’s EA’ was created to extract as much money from the FOREX markets as possible on behalf of anyone who uses it. Until now, Tom has never made this software available. Fortunately, Dustin Pass and Tom have teamed up, and Tom has agreed to make his software available to traders around the world for a limited period of time. If you would like to test Tom’s EA software which trades for you, then you will have that opportunity soon.
Keep your eye on your email inbox for that opportunity.
FX Euro Blaster Free Download
Forex Rebellion Free Download
Let me tell you a story. This will be the short version, but believe me, I have cried a few tears in my time. I know what it feels like to have no hope and no future. Anyway, I had been working hard for a long time, too long it seemed. I owned a very small, one man t-shirt print shop. The hours were long and the weeks seemed longer. Often, especially in the summer, I was working 16 hour days, 6 days a week. The money wasn't good enough to hire anybody, although I tried on several occasions. It always turned out to be more of a headache than a help.
The printing machinery I used wasn't very good and could never handle the hard work for very long. I always ended up working way too hard on my own. Because of the workload, I missed a lot of my young children’s lives. I was around, but never often enough. It was always a problem to attend school plays or even family functions. I love camping but I could never get enough time to take my kids on a trip - what a waste!
Anyhow, the long hours did provide a little money that I could invest with. I figured it could be a way out of the mess I was in. It was then a friend suggested an investment company that had terrific returns, so with basically no research, I invested my very hard earned money.
You guessed it - after a couple of months, the company went belly-up, taking my hard earned money with them.
It was a good scam. In the beginning it did make really good money, that's what drew me in, I was getting really excited about the whole thing. The way they made these phenomenal returns was by trading the Forex market. The problem was that they couldn't sustain the results. In the end I lost everything.
This got me wondering how hard it would be to build a real system that could sustain real results..
I started the long journey into the world of Forex trading. As overwhelming as it was in the beginning, I finally got a handle on it. I hooked up with a few really good traders who put me onto the right path and I was off like a racehorse.
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