200 ema on the M15 is the most important thing in FX

Kolachi Method

Are you already trading live with the EA or still on a demo account?

As primitive as automated Renko

90% of this volume is generated by currency speculators.

Do You Know Any Millionaire or Multimillionaire Forex Traders?

Off course there are millionaire and multi-millionaire traders. $5.3 trillion dollars a day is traded in the foreign exchange market. No one of them is going to open a thread on forexfactory to tell that they have made a million. Because they invest ...

Do You Know Any Millionaire or Multimillionaire Forex Traders?

TP4 SL10 is a very bad RRR. TP5 SL10 with a BE function, after bar close would be better in my opinion But we can test both.

As primitive as automated Renko

Why no SL to BE function? There will be much more stoplosses without this function. Take a look at this chart from GBPUSD on 16 september. All this retracements would not have get a TP and would turn into a losser without BE function.

As primitive as automated Renko

I usually don't trade Renko charts, but it's interesting. The strategy of mr Matomi is not totally clear for me yet. But let's wait for the EA. This is the chart including the wicks. Exactly what you say not all orders would be executed.

As primitive as automated Renko

Did you already try this strategy in bad market circumstances? How does the strategy perform during these days? If your tp for the day is 40-50 pips. And you lose 70-100pips in a day, you need 2 winning days to recover. In my opinion the losing days ...

As primitive as automated Renko

This EA should not be that difficult for a coder

As primitive as automated Renko

Yes before live trading the EA has to work 100%. When the EA is working we can try to backtest it over the past months.

As primitive as automated Renko

Try this thread: url

As primitive as automated Renko

Have you thought about choppy days? In this trending days it's very easy to hit the daily target. But when it's choppy after how many losses we stop for the day? I think when you hit -70 pips you should stop for the day. -70 will be reached after 3 ...

As primitive as automated Renko

What is your broker time?

bagXpert's strategy is here

Well done! Can you show your entries on your MT4 template?

bagXpert's strategy is here

Subscribed! Looking forward to the EA Calculation: When you have an account balance of 1200 euros. You trade 0.1 lots. With 7 losses in a row you blow up your account. I think it's more safe to max multiply 4x, when you lose this one as well start ...

As primitive as automated Renko

Something else about the Zero Sum Game Yes, probably this is the biggest difference between Forex and a poker tournament. Each moment we have fresh new liquidity added to the markets. What about the program of the ECB and other central banks? Every ...

Who is making profit in the forex market?

Can you explain this?

Who is making profit in the forex market?

Hmmm.... are u sure about this? If this brokers really do this they will quickly end up with 0 clients. I think a broker is more happy with a trader who makes consistent profit on the long term. Everytime a trader opens a position they get the ...

Who is making profit in the forex market?

The 10% of potential postive sum. Does this include transactions in other markets? For example: A European pension fund wants to buy shares from a company in the US. To buy the shares the fund has to change € into $. After a couple of years the ...

Who is making profit in the forex market?