Men Lie, Women Lie, Numbers Don't!

Third Screen Strategy - Dr. Alexander Elder

Believe it or not having too much money is actually a real problem that some people have! I hope that many of you here end up with that same type of problem in the very near future Keep up the good work SoccerFan!

Third Screen Strategy - Dr. Alexander Elder

Stompe, I am not updating the Live account here because I have had 3 people in the past 2 weeks alone ask me for personal loans so that they can trade their accounts and then pay me back when they're in profit. So from now on I dont' want to be ...

Third Screen Strategy - Dr. Alexander Elder

The trailing stop is only there due to the programming, I NEVER use a trailing stop. I simply wait for SL or TP targets to get hit.

D1 - 20 EMA & 50 EMA

Yes those are correct. I have taken two live accounts and applied different parameters in order to get a 1:2 risk/reward ratio on all pairs. However, stick with the above for the time being.

Third Screen Strategy - Dr. Alexander Elder

You're welcome Ricky! As always, feel free to post and ask questions at any time but make sure to read first

Third Screen Strategy - Dr. Alexander Elder

Ricky, You need to understand that you are going to severely hurt yourself (and your accounts!) in the long run by doing this. Risk / Reward Ratio 160 Stop Loss & 280 Take Profit = 1:1.75 Risk / Reward Ratio Risk $1 to make $1.75 260 Stop Loss & 320 ...

Third Screen Strategy - Dr. Alexander Elder

I have officially doubled each account balance listed in this thread. #1 in 48 Days #2 in 72 Days Of course equity is MUCH more than current balance due to floating profit I hope everybody else is experiencing similar results, if not, feel ...

Third Screen Strategy - Dr. Alexander Elder

Haha, perfect! I just saw from the first post that there were 956 downloads of the first Third Screen Strategy - D1 MACD EA! Wow! There have been more downloads in other posts so I would say over 1,000 downloads in all...

Third Screen Strategy - Dr. Alexander Elder

I've got the newest EA loaded to all of my charts now so I'll keep you posted. Also, I will update the first post of this thread with correct EA. MACD3SS file is the same right?

Third Screen Strategy - Dr. Alexander Elder

Yep! So a good example would be for a $5k account to trade 0.1 lot sizes for the following: AUD/JPY 4 Positions CAD/JPY 4 Positions EUR/AUD 4 Positions GBP/AUD 4 Positions This would make sure that only 1.6 Standard Lots would be opened at any given ...

Third Screen Strategy - Dr. Alexander Elder

Yep! Money Management is the most important aspect of trading. Of course one would only adjust lot sizes every few weeks at the most but it still needs to be done.

Third Screen Strategy - Dr. Alexander Elder

1 Standard Lot = $10 per Pip What I mean is a total of 1.6 Standard Lots open at any given time on a $5k account. Not per position...

Third Screen Strategy - Dr. Alexander Elder

It all depends on stop loss, pairs, and total open positions. However, a good rule of thumb to me is 1.6 standard lots for every $5k using this strategy. This may be a little too much for some and may be too little for others. I would consider this ...

Third Screen Strategy - Dr. Alexander Elder

Well that's not entirely true due to the fact that most people trade multiple pairs (basket) at the same time. Therefore, when some were losing others were winning... If somebody started trading all 8 pairs at the same time and adjusted lot sizing ...

Third Screen Strategy - Dr. Alexander Elder

What??? Maybe you should do some forward testing with your "thoughts" and try it first before jumping to any conclusions!

Third Screen Strategy - Dr. Alexander Elder

57,239 Total Pips from the 8 pairs back tested and not one pair was negative in terms of pips. Not bad...

Third Screen Strategy - Dr. Alexander Elder

USD/JPY

Third Screen Strategy - Dr. Alexander Elder

NZD/USD

Third Screen Strategy - Dr. Alexander Elder

NZD/JPY

Third Screen Strategy - Dr. Alexander Elder