Why don't you use trailing-stop? It won't be a problem if you have 24/7 Internet access. As to how big is your trailing-stop, you have to check your manual backtest result. Look at every trade where price runs way over your target profit, find the ...

Any pin will do?

This is just as you ask, "which food is the best?" if you look to others for answer, you will look forever and find none. Because 10 people may choose one single food as the best yet thousands others choose different tens of food. Just as you search ...

Most profitable Trading System?

Or, if he/she decides to go on with mini account, stop whining about customer service. As long as the broker treat you "fair" (no special spike where no other brokers have it, not playing around with your order, something like that), and you can ...

Brokers with great customer service

Hi, Jay, I don't know where this fit your "rambling," of if it is fit at all. But this is why I blew up my account some years back. Trader is (or must be?) the most forgiving person on the face of this earth. If you loose, let it go. The first ...

What I learned this week

Backtest it further, and don't be surprise if you found some months where your account is wipe out by this system.

Daily Breakout 500% yearly return

Right on, Mr. Green. And, David, I don't mean to undermine your situation or anything. But here's my situation: 4 years ago I blew up my account at the same time I lost my regular source of living. My first child was a month away from schooling. My ...

I blew up my account

Really? Never face that kind of response though my account just a nemo in the sea of fishes.

Hotspot

And what's wrong with it, O Mighty One?

OANDA Discussion

Connection problems, yes, but probably Internet access in my own country. Server down... I don't know. Slippage...never. But that's not what make me concern. This is my concern: Both ATC and Alpari use lot as well as units in trade, where 0.1 lot is ...

OANDA Discussion

Read Dictionary in Metaeditor, for types of order, then change OrderSend() accordingly. You can do it yourself. Easy.

Can you change this EA?

Depends on your own country's banking service. And whether you use the same bank as your broker or not.

OANDA Discussion

Tried that strategy a couple of years back. US$5,000 slipped out of my pocket in a flash. So, good luck.

Make minimum 2grand each trade!!!

Correct. But you also gain more. Say if you have a system with risk:reward ratio 1:1, one trade per day, and 60% to 80% win on average every month, will you hold on to that thought even after a couple of years trading?

Calculation confused, please help

Sorry, I got to spend the whole day trying to digest what's leverage and margin according to babypips.com, and compare calculation in it with my own strategy. Mind you, but 2 things: 1. Babypips.com talking about leverage with scare tactic in mind, ...

Calculation confused, please help

Then you should have patience and perseverence. Google it. There's too many EA for that which are free, and you'll find the one you're looking for if you patience and persevere enough.

EMA cross EA

Good luck, then. For searching the right system alone is not a less daunting task. And when you do find it, there might be another problem. Not all system can be automated (Like 4H MACD by Philip Nell, for example). Even if it does, there will be ...

Do You Make Money purely by using an EA

Yes, and I'm lucky to find this thread. To the rest: sorry to chip in.

4 Hour Strategy (MACD)

MT4 indicators shows a limited lines (7 or 8) per indicator. You want to put two pivot in different time frame in your chart, you have to use two indicators. So, basically, you're asking the impossible. Better look for other indicators that suits ...

Dear sir i need your help.

Thank you — Wow, thanks for the advices, guys. Guess I'll give this system some time more. Again, thank you.

4 Hour Strategy (MACD)