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I just tried it out few days, I don't have time to wait for good setup, so I got in early sometime. For EURJPY, where I lost two trades due to SL, it went down and hit my SL, then got backup.
If you have patients and times, i would say this template can make profits. Also, it depends on your greed as well. This is just demo. If I trade real account with setting SL, I am not sure I can make profits, since I don't have a good strategy how to set SL. If you don't set SL, you can win a lot of PIPS in one week, then it will blow your account in one day. I had been there, that is why I stopped trading for many years.
Thanks Xard and Forum for many free indies, sadly I am still not gain any knowledges from him:-)
AndrewAlso Andrew. I know you don't trade full time, but most full time traders don't trade this month.
The market just sucks this time of year.
I know Im not trading right now. Maybe will in Januarary.
Also when it comes to stoploss. Well it just depends on you and the timeframe trading and your experiences.
I won't close a trade unless I know that its not going to do what I thought it was going to do.
Then I close. And I am usually able to tell that in the same range of most stoplosses.
But there has been times when price has come back on me but I still felt like it was still going to go my way and it payed off.
You not trading full time its harder to watch the chart.
But it would be good to setup an alert of some sort to alert you when price is going against you.
Like a simple gann line like the one used in the boss setup.
Gann lines are also useful to give you an idea when price isn't going your way.
Ish
Thank, Ish - Has everyone try this ManagerEafxtr51 6.4 Semi-Manual Ea?
Thanks, Ismael. I need to collect all the necessaries scripts/tools and indies that will help me with part time trading where I don't need to be there all the time. Yes, I am still need my day job to feed my family since I am still newbie:-) Very good advice, Ish.
I guess some of you are already discovered this ManagerEA by fxtr51 from forexfactory. Very good Semi-Manual EA where you can trigger many useful way as I attached here some of screen shots. I just started to learn how to use it, and I will try to test on follow week to see if it works or not.
If someone here had tried it before (version 6.4), please let me know the results. Thanks in advance.
Yes, I managed to set it up in Windows 7 64 bits, it seems to be working, since the market is offline, I can not try to all the features.
As you can see, you can move those buy stop, stop loss and take profits any where you wants, there are some critieria where you can take TP1, TP2, TP3, and BE etc.. There are some EAs that have same feature as this one, but I like this one better because you can close buy/sell orders (by symbol, BUY, SELL or all), and can do buystop, SL and TP etc..
There are some advance triggers where you can set SL/TP by setting rules for MACD and MA. I think it is quite neat for someone like me.
Also Andrew. I know you don't trade full time, but most full time traders don't trade this month.
The market just sucks this time of year.
I know Im not trading right now. Maybe will in Januarary.
Also when it comes to stoploss. Well it just depends on you and the timeframe trading and your experiences.
I won't close a trade unless I know that its not going to do what I thought it was going to do.
Then I close. And I am usually able to tell that in the same range of most stoplosses.
But there has been times when price has come back on me but I still felt like it was still going to go my way and it payed off.
You not trading full time its harder to watch the chart.
But it would be good to setup an alert of some sort to alert you when price is going against you.
Like a simple gann line like the one used in the boss setup.
Gann lines are also useful to give you an idea when price isn't going your way.
IshThanks, Ismael. I need to collect all the necessaries scripts/tools and indies that will help me with part time trading where I don't need to be there all the time. Yes, I am still need my day job to feed my family since I am still newbie:-) Very good advice, Ish.
I guess some of you are already discovered this ManagerEA by fxtr51 from forexfactory. Very good Semi-Manual EA where you can trigger many useful way as I attached here some of screen shots. I just started to learn how to use it, and I will try to test on follow week to see if it works or not.
If someone here had tried it before (version 6.4), please let me know the results. Thanks in advance.
Yes, I managed to set it up in Windows 7 64 bits, it seems to be working, since the market is offline, I can not try to all the features.
As you can see, you can move those buy stop, stop loss and take profits any where you wants, there are some critieria where you can take TP1, TP2, TP3, and BE etc.. There are some EAs that have same feature as this one, but I like this one better because you can close buy/sell orders (by symbol, BUY, SELL or all), and can do buystop, SL and TP etc..
There are some advance triggers where you can set SL/TP by setting rules for MACD and MA. I think it is quite neat for someone like me.That's pretty cool there Andrew. Can you post a link to where we can find out more and maybe even try it out?
Ish
Does anyone know anything about Xard's new setup?
I was only able to find this picture on another forum.
http://i.imgur.com/z2yfO.png?1
Does anyone know what is the indicator in the subwindow?
I was just wondering.
Ish
That's pretty cool there Andrew. Can you post a link to where we can find out more and maybe even try it out? Ish
Stealth TradeManager EA for MT4 @ Forex Factory
Here it is.
Andrew
Xard ChickenSwitch scripts?
xard all chicken switch scripts, closeallprofit....? sendspace link is expired. Anyone can post the scripts? My PC is dead, so I could not take them from my HD until I buy PC components to fix it. Thanks in advance.
Andrew
Does anyone know anything about Xard's new setup?
I was only able to find this picture on another forum.
http://i.imgur.com/z2yfO.png?1
Does anyone know what is the indicator in the subwindow?
I was just wondering.
IshVery simple (KISS) but very powerfull and effectiv
Dan
Very simple (KISS) but very powerfull and effectiv Dan
Really? Powerful and Effectiv you say?
Tell me more......
Ish
Gold is Bullish for weeks?
I need to trade gold:-)
Re Forex Trading
Hi Everyone,
Here is my Forex Trading Setup.
I only use 4hr time frame when trading.
Please note that this setup should not be used on any other time frame.
Download XARD777.rar from Sendspace.com - send big files the easy way
Enjoy!
All the best
Xard777