Latka 1st Gear May 12, 2011 Share May 12, 2011 Depends ... Do you knows to read charting? Or are you running your account using Expert Advisor? Cause there are many brokers around the world with very good spreads but negatively many brokers restrict Expert Advisor cause some EA are so pro that it can make atleast 2K/day on scalping EA. Mine own customise EA got blockoff in just 01week after that they discovered my profitable EA. Wasted my 02years effort in doing it. Is there a web site where I can get more info of EA? ↡ Advertisement Link to post Share on other sites More sharing options...
Chemmie78 Clutched May 12, 2011 Share May 12, 2011 Is there a web site where I can get more info of EA? lots of websites selling you systems Link to post Share on other sites More sharing options...
S7rik3R Clutched May 12, 2011 Author Share May 12, 2011 ic...generally long equities shld be better than longing forex... I also trade on commodities, oil/gas and metals. That's why no time to for short trade. Link to post Share on other sites More sharing options...
S7rik3R Clutched May 12, 2011 Author Share May 12, 2011 Is there a web site where I can get more info of EA? EA's are everywhere around USD $99. But the issue is does the EA u purchase makes good money for you? And ofcoz what is the drawdown which is crutial. Link to post Share on other sites More sharing options...
Latka 1st Gear May 12, 2011 Share May 12, 2011 EA's are everywhere around USD $99. But the issue is does the EA u purchase makes good money for you? And ofcoz what is the drawdown which is crutial. But how wud one know if the EA is good and not getting short changed? Which ones u purchased? Link to post Share on other sites More sharing options...
S7rik3R Clutched May 12, 2011 Author Share May 12, 2011 But how wud one know if the EA is good and not getting short changed? Which ones u purchased? Good Question. Many traders invested alot of money into EA's to see the results of how good they performances. So if you are looking into EA's be prepared to spend few hundreds to few thousands just to find the right one for it. And as for what EA I use, I read the charting and analyse according and make my personal EA. But I use it On/Off as good EA will only works on Only specific pair or two. If someone sells you a EA and tells you it works on all pairs, I will say be prepared to "Burst Your Account". Reasons : All the pairs have totally different Daily Hi/Low averages. Example : GBP/USD - Hi/Low Averages 1200-1600pip and USD/JPY - Hi/Low Averages 600-900pip. From the example is obvious that the calculations is totally different. My trading strategy and methods is complicated which is not just MACD, Fibonacci, RSI and so on. Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 12, 2011 Share May 12, 2011 Depends ... Do you knows to read charting? Or are you running your account using Expert Advisor? Cause there are many brokers around the world with very good spreads but negatively many brokers restrict Expert Advisor cause some EA are so pro that it can make atleast 2K/day on scalping EA. Mine own customise EA got blockoff in just 01week after that they discovered my profitable EA. Wasted my 02years effort in doing it. Can share with us which broker did that to you, so we boycott them. Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 12, 2011 Share May 12, 2011 are u using a local broker? dont think local brokers have MT4 Some local brokers already offering MT4 on the websites. Link to post Share on other sites More sharing options...
Sunlight 1st Gear May 12, 2011 Share May 12, 2011 Some local brokers already offering MT4 on the websites. can i know which local broker offer MT4? Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 13, 2011 Share May 13, 2011 can i know which local broker offer MT4? GFT, and Oanda websites? Link to post Share on other sites More sharing options...
S7rik3R Clutched May 13, 2011 Author Share May 13, 2011 Can share with us which broker did that to you, so we boycott them. Alpari US, Alpari UK (They blockoff Profitable EA Especially Scalp EA under M5) cause I only needs 03hrs to make almost USD $2K. And once they realise your account profits so fast, they send a tracking file to ur account platform similar to Virus like to Jam all your transaction in ur account. You Cant Trade, You Cant Execute. Email Them And Call Them They Ask Me Re-Install The Platform Which I Did But They Say They Will Look Into It Until My Account Burst Then They Contact Me. "Sir, You Do Not Have Sufficient Fund In Your Account " ... WTF !! So Stay Away From Alpari UK, Alpari US GPGT Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 13, 2011 Share May 13, 2011 Alpari US, Alpari UK (They blockoff Profitable EA Especially Scalp EA under M5) cause I only needs 03hrs to make almost USD $2K. And once they realise your account profits so fast, they send a tracking file to ur account platform similar to Virus like to Jam all your transaction in ur account. You Cant Trade, You Cant Execute. Email Them And Call Them They Ask Me Re-Install The Platform Which I Did But They Say They Will Look Into It Until My Account Burst Then They Contact Me. "Sir, You Do Not Have Sufficient Fund In Your Account " ... WTF !! So Stay Away From Alpari UK, Alpari US GPGT Originated from Russia, they are one market-maker notorious for slippages/requotes on other forums/reviews. One reason I have look high and low for forex broker. It seems many/most oversea brokers have notorious reputation/practices. ECN brokers only interested in institutional/real big clients. We just are sqeezed aside. Link to post Share on other sites More sharing options...
Sunlight 1st Gear May 14, 2011 Share May 14, 2011 GFT, and Oanda websites? ok. will check out. as far as i know, Singapore dont allow MT4 Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 14, 2011 Share May 14, 2011 ok. will check out. as far as i know, Singapore dont allow MT4 That was what I heard from one of the forex school around here, too. MAS does not allow MT4 here. But some websites are offering MT4 here? MT4 no market depth/liquidity shown. Both GFT and Oanda are pestering me to sign up with them these few days. CMC, DBSEFX and KimEng also no market depth/liquidity shown on their platforms. I am wondering if feasible to apply your EA each day on a different broker to avoid their detection and isolation? Someone was trying to sell EA programme for USDJPY to the local traders, last year. Perhaps it was the presentation that I did not believed it could work. Oanda only one with currency coorrelation on thier website. Is this useful? Link to post Share on other sites More sharing options...
S7rik3R Clutched May 17, 2011 Author Share May 17, 2011 (edited) That was what I heard from one of the forex school around here, too. MAS does not allow MT4 here. But some websites are offering MT4 here? MT4 no market depth/liquidity shown. Both GFT and Oanda are pestering me to sign up with them these few days. CMC, DBSEFX and KimEng also no market depth/liquidity shown on their platforms. I am wondering if feasible to apply your EA each day on a different broker to avoid their detection and isolation? Someone was trying to sell EA programme for USDJPY to the local traders, last year. Perhaps it was the presentation that I did not believed it could work. Oanda only one with currency coorrelation on thier website. Is this useful? As far as I know, No programmers will wanna spend so much time on doing EA for USD/JPY for mass copy distributions. Why? Just look into the chart for daily Hi/Low and you will know why I mention that. Even for me, I would rather spend time on GBP/USD. Edited May 17, 2011 by S7rik3R Link to post Share on other sites More sharing options...
Good-Carbuyer 1st Gear May 17, 2011 Share May 17, 2011 As far as I know, No programmers will wanna spend so much time on doing EA for USD/JPY for mass copy distributions. Why? Just look into the chart for daily Hi/Low and you will know why I mention that. Even for me, I would rather spend time on GBP/USD. Does EA works only on a standard lot each deal? Link to post Share on other sites More sharing options...
S7rik3R Clutched May 17, 2011 Author Share May 17, 2011 Does EA works only on a standard lot each deal? Nope all EA can works with lot size setting example : Fix Lot or calculated depending on your fund in the account and ofcoz the market situation that the lot is use. (Only Applies If You Have It Activated) Link to post Share on other sites More sharing options...
Ithunk 1st Gear May 17, 2011 Share May 17, 2011 yes alot of it is on good foresight....it is extremely profitable if done correctly ↡ Advertisement Link to post Share on other sites More sharing options...
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