EAs and real accounts - page 11

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aviswana:
Hello,

This forum is very good and helpful.

In my openion, definitely there are systems right in this Forum which will yield more than 10 pips daily on one contract. I mean they can identify entry and exit point to yield more than 10 pips daily. If you like a couple of such EA's that fit your taste, next task would be to stick to it without interfering its operation. I found that to be more difficult. Greed or fear or doubt, whatever it is will interfere and I monkey with the system and endup with loosing day. One need descipline to shut the system after 10 or 15 or 20 pips for the day or session or week, whatever is the planned goal.

So, I think the the wining combination is (I + EA).

Provided one can follow the rules strictly, 10 pips per day is really a treasure. My account is with 1:200 leverage. That means $50 margin to have 1 minilot ($1 move per pip ). So with $10 per day, it is $50 per week, which is 100% on margin requirement. In otherwords, double in 1 week. You can trade 2 minilots next week.

If there are no loosing week, it is over 1000 time $50 in 10 weeks. $50 -> $50,000 in less than 3 months!!!? Something must be wrong. But math says it is possible. Probability may say it is impossible. So there may be a balance. May be we will not double it in 1 week but wait for high probablility setup only and double in 2 weeks. If we are luck we may double it in 3 days, if we trail the profit cautiously after 10 pips are locked in.

Also one may not need to wait till doubling. If one starts with higher initial position, positionsize can be increased after 25% or 50% growth.

Currently I am running Blessing System for over a month using microlot in live acount. It is doing good. My concern is steadyly increasing margin, just to make that one last winning of 15 pips ( I use 15 pips step on EURUSD). If you have enough balance in the account, this method is realy stress-free money trickler. But its doubling time is not short, because of increasing margin. It may be 2months or 3 months.

Just my thoughts. Comments welcome please.

-Arun

Hello Arun,

First of all thank you so much for your great thoughts. Can you plz tell me where I can find Blessing System? I mean the system you are using from few months and its doing well. I hope it will do the same for me for mini account.

Thanks again for everything,

Best Regards,

Kashif.

 
arsenic786:
Hello Arun,

First of all thank you so much for your great thoughts. Can you plz tell me where I can find Blessing System? I mean the system you are using from few months and its doing well. I hope it will do the same for me for mini account.

Thanks again for everything,

Best Regards,

Kashif.

It is in this forum in elite section , with test results and all. Here is the thread:

https://www.mql5.com/en/forum/178070

-Arun

 

I have begun testing of goldenwarrior2b with limited lot size on EURUSD and will be reporting results soon.

 

live trading

hello would like to know if any of you trading some of those eas

on live account , if yes which ea and can you plz show ur results

thanks

 

live

hi dear ,i started trading with a 2,000, at fxdd ,2 days result with frank ea 0.01 lot ,2 pairs

FXDirectDealer

A/C No: 69804 Name: Roberto St-Pierre 2008 June 3, 23:59

Closed Transactions:

Ticket Open Time Type Lots Item Price S / L T / P Close Time Price Commission R/O Swap Trade P/L

2068518448 2008.06.02 19:40 sell 0.01 usdchf 1.0332 0.0000 1.0292 2008.06.03 11:37 1.0292 0.00 -0.02 3.89

2068519728 2008.06.02 20:29 sell 0.02 usdchf 1.0348 0.0000 1.0308 2008.06.03 11:19 1.0308 0.00 -0.04 7.76

2068520370 2008.06.02 21:09 sell 0.04 usdchf 1.0364 0.0000 1.0324 2008.06.03 09:33 1.0324 0.00 -0.08 15.50

2068520392 2008.06.02 21:10 sell 0.01 eurusd 1.5539 0.0000 1.5502 2008.06.03 16:17 1.5502 0.00 -0.08 3.70

2068520414 2008.06.02 21:11 buy 0.01 eurusd 1.5541 0.0000 1.5578 2008.06.03 10:36 1.5578 0.00 0.06 3.70

2068520471 2008.06.02 21:13 sell stop 0.01 usdjpy 103.96 104.75 103.67 2008.06.03 04:50 104.64 cancelled

2068526907 2008.06.03 04:39 sell 0.08 usdchf 1.0381 0.0000 1.0341 2008.06.03 08:57 1.0341 0.00 0.00 30.94

2068548702 2008.06.03 16:24 sell 0.16 usdchf 1.0447 0.0000 1.0407 2008.06.03 16:31 1.0447 0.00 0.00 0.00

2068548705 2008.06.03 16:24 buy 0.01 eurusd 1.5474 0.0000 1.5511 2008.06.03 16:31 1.5468 0.00 0.00 -0.60

2068548710 2008.06.03 16:24 sell 0.01 eurusd 1.5471 0.0000 1.5434 2008.06.03 16:26 1.5458 0.00 0.00 1.30

2068548724 2008.06.03 16:24 sell 0.16 usdchf 1.0447 0.0000 1.0407 2008.06.03 17:18 1.0464 0.00 0.00 -25.99

2068548949 2008.06.03 16:26 buy 0.02 eurusd 1.5455 0.0000 1.5492 2008.06.03 16:31 1.5468 0.00 0.00 2.60

2068548954 2008.06.03 16:26 sell 0.01 eurusd 1.5452 0.0000 1.5415 2008.06.03 16:37 1.5455 0.00 0.00 -0.30

2068548986 2008.06.03 16:27 sell 0.32 usdchf 1.0463 0.0000 1.0423 2008.06.03 16:31 1.0444 0.00 0.00 58.22

2068549625 2008.06.03 16:31 sell 0.02 eurusd 1.5468 0.0000 1.5431 2008.06.03 16:37 1.5455 0.00 0.00 2.60

2068549630 2008.06.03 16:31 buy 0.01 eurusd 1.5471 0.0000 1.5508 2008.06.03 16:47 1.5447 0.00 0.00 -2.40

2068549986 2008.06.03 16:38 buy 0.02 eurusd 1.5452 0.0000 1.5489 2008.06.03 16:47 1.5447 0.00 0.00 -1.00

2068549988 2008.06.03 16:38 sell 0.01 eurusd 1.5450 0.0000 1.5413 2008.06.03 16:45 1.5436 0.00 0.00 1.40

2068550562 2008.06.03 16:45 buy 0.04 eurusd 1.5434 0.0000 1.5471 2008.06.03 16:47 1.5447 0.00 0.00 5.20

2068550564 2008.06.03 16:45 sell 0.01 eurusd 1.5434 0.0000 1.5397 2008.06.03 17:00 1.5437 0.00 0.00 -0.30

2068550654 2008.06.03 16:47 buy 0.01 usdchf 1.0450 0.0000 1.0490 2008.06.03 17:00 1.0467 0.00 0.00 1.62

2068550920 2008.06.03 16:52 sell 0.02 eurusd 1.5450 0.0000 1.5413 2008.06.03 17:00 1.5437 0.00 0.00 2.60

2068551294 2008.06.03 17:00 sell 0.32 usdchf 1.0464 0.0000 1.0424 2008.06.03 17:18 1.0464 0.00 0.00 0.00

2068551388 2008.06.03 17:00 buy 0.01 usdchf 1.0475 0.0000 1.0515 2008.06.03 22:03 1.0411 0.00 0.00 -6.15

2068551483 2008.06.03 17:01 sell 0.64 usdchf 1.0480 0.0000 1.0440 2008.06.03 17:18 1.0464 0.00 0.00 97.86

2068551521 2008.06.03 17:01 sell 0.01 eurusd 1.5420 0.0000 1.5383 2008.06.03 19:39 1.5439 0.00 0.00 -1.90

2068552546 2008.06.03 17:14 sell 0.02 eurusd 1.5436 0.0000 1.5399 2008.06.03 19:39 1.5439 0.00 0.00 -0.60

2068552694 2008.06.03 17:18 sell 0.01 usdchf 1.0458 0.0000 1.0418 2008.06.03 17:49 1.0442 0.00 0.00 1.53

2068552717 2008.06.03 17:19 buy 0.02 usdchf 1.0459 0.0000 1.0499 2008.06.03 22:03 1.0411 0.00 0.00 -9.22

2068553024 2008.06.03 17:27 sell 0.04 eurusd 1.5452 0.0000 1.5415 2008.06.03 19:39 1.5439 0.00 0.00 5.20

2068553227 2008.06.03 17:30 buy 0.04 usdchf 1.0443 0.0000 1.0483 2008.06.03 22:03 1.0411 0.00 0.00 -12.29

2068553766 2008.06.03 17:49 sell 0.01 usdchf 1.0437 0.0000 1.0397 2008.06.03 20:31 1.0421 0.00 0.00 1.54

2068555688 2008.06.03 19:39 sell 0.01 eurusd 1.5437 0.0000 1.5400 2008.06.03 22:07 1.5455 0.00 0.00 -1.80

2068556782 2008.06.03 20:30 buy 0.08 usdchf 1.0427 0.0000 1.0467 2008.06.03 22:03 1.0411 0.00 0.00 -12.29

2068556857 2008.06.03 20:32 sell 0.01 usdchf 1.0419 0.0000 1.0379 2008.06.03 20:39 1.0402 0.00 0.00 1.63

2068556989 2008.06.03 20:38 buy 0.16 usdchf 1.0411 0.0000 1.0451 2008.06.03 22:04 1.0411 0.00 0.00 0.00

2068557009 2008.06.03 20:39 sell 0.02 eurusd 1.5453 0.0000 1.5416 2008.06.03 22:07 1.5455 0.00 0.00 -0.40

2068557086 2008.06.03 20:39 sell 0.01 usdchf 1.0399 0.0000 1.0359 2008.06.03 20:52 1.0399 0.00 0.00 0.00

2068557161 2008.06.03 20:44 sell 0.02 usdchf 1.0415 0.0000 1.0375 2008.06.03 20:52 1.0399 0.00 0.00 3.08

2068557610 2008.06.03 21:00 buy 0.32 usdchf 1.0395 0.0000 1.0435 2008.06.03 22:04 1.0414 0.00 0.00 58.38

2068557611 2008.06.03 21:00 sell 0.04 eurusd 1.5469 0.0000 1.5432 2008.06.03 22:07 1.5455 0.00 0.00 5.60

0.00 -0.16 240.61

Deposit/Withdrawal: 0.00 Credit Facility: 0.00 Closed Trade P/L: 240.45

Open Trades:

Ticket Open Time Type Lots Item Price S / L T / P Price Commission R/O Swap Trade P/L

2068554086 2008.06.03 20:25 sell 0.01 usdjpy 105.11 0.00 0.00 105.11 0.00 0.00 0.00

2068556616 2008.06.03 20:52 sell 0.01 usdjpy 104.96 0.00 0.00 105.11 0.00 0.00 -1.43

2068557299 2008.06.03 21:25 sell 0.01 usdjpy 104.80 0.00 0.00 105.11 0.00 0.00 -2.95

2068557372 2008.06.03 20:53 sell 0.01 usdchf 1.0396 0.0000 1.0356 1.0423 0.00 0.00 -2.59

2068558855 2008.06.03 22:04 buy 0.01 eurusd 1.5460 0.0000 1.5497 1.5444 0.00 0.00 -1.60

2068558864 2008.06.03 22:04 sell 0.02 usdchf 1.0409 0.0000 1.0369 1.0423 0.00 0.00 -2.69

2068558921 2008.06.03 22:08 sell 0.01 eurusd 1.5457 0.0000 1.5420 1.5446 0.00 0.00 1.10

0.00 0.00 -10.16

Floating P/L: -10.16

Working Orders:

Ticket Open Time Type Lots Item Price S / L T / P Market Price

2068554084 2008.06.03 18:00 buy stop 0.01 usdjpy 105.44 0.00 0.00 105.11 GridMACD-1012360-60

2068558098 2008.06.03 21:25 sell stop 0.01 usdjpy 104.66 0.00 0.00 105.08 GridMACD-1012360-60

A/C Summary:

Previous Ledger Balance: 2 108.47 Floating P/L: -10.16

Closed Trade P/L: 240.45 Total Credit Facility: 0.00

Deposit/Withdrawal: 0.00 Equity: 2 338.76

Balance: 2 348.92 Margin Requirement: 30.00

Available Margin: 2 308.76

Best Regards

Accounts Department

Please report to us within 24 hours if this statement is incorrect. Otherwise this statements will be considered to be confirmed by you.

 

thanks

 

EAs reaction with Micro accounts (Cent-based)?

Dear Fellows,

after demotrading for some months with different EAs

and brokers I want to start two or three Micro accounts

with real money ( start with 50 / 100 $ each).

Here is what I want to know:

Will the EAs which I want to use on this Micro accounts on cent basis

react the same way as on accounts with full USD basis?

Micro accounts (like I understand atm) :

50 USD = 5000 cent numbers shown in account

100 USD = 10000 cent numbers shown in account

> Will there be difficulties when using such accounts with EAs?

> What brokers will be best for this matter ?

PLEASE will someone give advise and help from own experience?

Please no advice from demo trading...

Thanks so much 4 Your help in advance !!!

Rolf

 

Live Cents Account

My name is Salvo Novello, from Italy.

I am also very interested in trading LIVE with the Mq4 Expert Advisors.

In my opinion one of the best free EA is StepMAexpert_1.42tf for gbpjpy (and eurjpy) 30 minutes chart.

At the moment I am using Lite Forex -www.liteforex.org- that allows me to trade dollar cents (so the equivalent of 100 and 1000 usd lots) with the same features of standard account. I fund the account by moneybookers (credit card). They are reliable and serious (today they even refunded me and deleted the trade after a feed problem that created an abnormal 750 pips spike for few seconds).

Little disadvantages are that moneybookers funding is at the moment manual, so you have to sent them an email after funding with the details and wait few hours. Another disadvantage is that order is sometimes filled with few pips against you. But the spread is never increased even during news release.

I really suggest them since you feel like you are trading great accounts, but risking 100 times less !!

---------------------------------------------------------------

dott. Salvo Novello - translator

--->> translation <<---

visit my translation agency website if you need language services

 
greyowl:
Dear Fellows,

Here is what I want to know:

Will the EAs which I want to use on this Micro accounts on cent basis

react the same way as on accounts with full USD basis?

Micro accounts (like I understand atm) :

50 USD = 5000 cent numbers shown in account

100 USD = 10000 cent numbers shown in account

> Will there be difficulties when using such accounts with EAs?

> What brokers will be best for this matter ?

PLEASE will someone give advise and help from own experience?

Please no advice from demo trading...

Thanks so much 4 Your help in advance !!!

Rolf

Will the EAs which I want to use on this Micro accounts on cent basis

react the same way as on accounts with full USD basis?

---Yes, $10 pips or .01 pips are pretty much the same. Its all about what you carry between your legs.

---I don't have much problem with brokers as I do disconnects. You can ' change your bars counted and I also use the print function in the ea from stopping the computer from sleeping.

---Brokers --- I would say most are pretty good. I don't like the big spread brokers (obviously) WHC you can trade stocks and commodities but it has some connectivity limitations.

You seem pretty new to be going live. You may want to start small - the market can be tricky. If I were you I would start with interbank and alpari us or another place that offers smaller lot sizes. You pay a higher spread but I don't really notice spreads in my trading unless your in the gb/yen or an off currency.

 

Thanks!

Dear Friend,

have MANY Thanks for Your answer, which helps me a lot...

Or may be more lots...

Best wishes

Rolf

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