Just so you guys know, I have been having some serious problems with MT4 this week. Not being able to connect, not being able to backtest...etc. So I am trying to figure that stuff out. As soon as I do, I will post any trades if they were taken. ...

My EA, put to the test

Here is the 10% risk backtest from 1/1/2006 to 10/15/2006 Graph image Report image Thanks, andersenws

My EA, put to the test

Just thought I'd keep you guys updated. There were no trades taken yet today, although I am thinking there will be one this evening or during the night. I will post the 10% risk backtest later tonight. Thanks, andersenws Balance is still $5040.27

My EA, put to the test

An EA, or Expert Advisor, is simply a trading system hard coded into a computer program, which can then automatically trade for you. It is a part of MetaTrader 4, which is a free program that I guarantee will improve your trading. I suggest you read ...

What is an EA?

Ok, I have ran some more tests with varying risk levels, and it appears that itme is correct (which I suspected all along). A higher risk level would suit this system better, for higher profits over the long run. However, I tried to make this ...

My EA, put to the test

My second trade just closed, so I thought I'd post that. The swap ate a little of the profits, but it was another winning trade. Trade image So far, so good. 2/2 = 100% 21 pips 0.8% profit I do not believe there will be any more trades tonight, ...

My EA, put to the test

Thanks for the support guys. Itme, the Risk:Reward is variable, but only on the reward side. From what I learned in the "Best Way to Choose Exits" thread, I decided to implement an exit strategy that will take profit at 10 (most of the time), or if ...

My EA, put to the test

Thanks David. I thought maybe if I posted the report in "report" form, it would add some authenticity, but I guess not. BTW, I do not expect this EA to turn into a million dollars by the end of the year. I do not expect it to turn into 100K by the ...

My EA, put to the test

I didn't know it would happen this soon. andersenws

My EA, put to the test

I know, I was thinking about entering the contest, but I hadn't worked out a MM plan yet, and it just wasn't to the point where I wanted it. I'm pulling for Hendrick, though. Hopefully, FF can bring home the title! andersenws

My EA, put to the test

Thanks twinchell, I especially appreciate your help in my "Best Way..." threads. Here are the backtest results, after adjusting 2% risk to 4%: Graph image Report image Thanks, andersenws

My EA, put to the test

Thanks for the support, itme. My EA is just my trading rules coded into a computer program. 100% mechanical. Now I thought I'd post a backtest report for all to see, so I've attached the summary and graph. It is based on 2% risk per trade, which ...

My EA, put to the test

Wow, I really didn't expect to get that response. Sorry guys, I come in peace. All I was trying to do in saying that is keeping the freeloaders away. Maybe you guys just gave me the "amazing" force I needed. I have received a great deal of ...

My EA, put to the test

Just thought I'd let you know my demo is moving now. andersenws

MT4 Demo account, please help

Here is a list of all MT4 brokers. I do not see forex.com on there although I would confirm that with them. andersenws

MT4 Demo account, please help

The broker you are using may not be open for trading yet. My MT4 demo is also not moving. If it is still not moving in an hour or so, then I would be concerned. Otherwise, just wait it out. andersenws

MT4 Demo account, please help

Efex what I meant by "hijacked" is that this thread started as just you and maybe one other person posting. Now at least twenty different people have posted in your journal, which should really be only you writing. It has turned from a journal into ...

Apply a 28 Levels Financial Plan to Forex and convert $10 to $10,000

It has improved my trading immensely. It includes a strategy tester (even though some claim it is not reliable), indicators, drawing tools, all for free. Plus, you can download past data from Alpari, which I couldn't get from my broker. Bottom line, ...

MetaTrader 4