senan Fuchedzhiev / Profile
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senan Fuchedzhiev
Hello Traders, happy to report that I have found an EA that is really good and does not require any human input, you do not even need VPS. Live account for since Jan 9, 2021 up to now has made 1050 Euro with 10% drawdown. Check it out. In MQL Market - Blazar EA. Thanks
senan Fuchedzhiev
Hi traders, have you heard of LucidFX trading-Momo. Check it out. You might like it. Thanks.
senan Fuchedzhiev
Hello Traders, I am very happy to say that after looking into the MT5 EA's sold here in the MQL community, I found one EA that stands above all other and it fits my style of trading. Its called "Blazar" I recommend checking it out and testing it to see if you will find it so profitable and interesting as I have done. Its already running on my real MT5 account for 2 weeks. Price of the EA is reasonable as well.
senan Fuchedzhiev
Hello Traders, some brokers are starting to deny new accounts in MT4 and so that signals the end of MT4 platform all together. It is a priority to move to MT5 at some point on your terms and conditions and not to wait until your broker make you a deadline which probably will not work for you and/or it will not suit you. So think about this in advance before its too late.
senan Fuchedzhiev
Hello Traders, Happy New Year. For all my friends I am happy to report that I have stopped using a Hedge EA but now I have found a new EA that has very good rate of win trades, trades only 1 order at a time and it is offered here in the MQL, I will refrain from making a recommendation yet as I have the EA run for less than 2 weeks but I will keep you updated on the progress. Seems promising.
senan Fuchedzhiev
Added topic Backtest in MT5
When I run the an EA in backtest M5, the TP of the open orders changes from specified TP -7.9 pips to 20 pips and changes back and forth. Why is that? Thanks
senan Fuchedzhiev
On a second thought, brokers that do not change margins are the better brokers, because to say that brokers are good is like a oxymoron, for my trading strategy it impacts my balance greatly. I do not promote brokers, but I have to say that ActivTrader is alright, with less exceptions than other brokers, it has faults do not get me wrong. Thanks.
senan Fuchedzhiev
Hi Traders, I did not trade for a week to avoid the changing of the margin requirements for the US elections and now it seems that most brokers will not change the requirements, well that's it. But its not all bad, actually it is for the best. This activity if changing margins is broker related they create this to minimize their loses, its good that this practice is extinct now. Thanks.
senan Fuchedzhiev
Traders, do not forget the increased requirements for open positions or lowered margins for upcoming US-Election. Brokers for sure will make changes, its only a matter of time.
senan Fuchedzhiev
For most of us who still learning how to trade and make it in the Financial world without loosing our shirts, there is hedging. The EA that I use with hedging is profitable for 2 years now. What do you use?
senan Fuchedzhiev
Good Afternoon Traders, Reality check--Spoke to a Banker yesterday that told me that his personal EA wiped out his trading account due to volatility in the past 5 months. The aim of the robot was to make 10% profit per month. My EA is doing just fine making not enough % per month but I am OK. Do not fall for the hype of Big Profit EA's that will last a very short time and will loose your money. Keep it safe.
senan Fuchedzhiev
As a profitable trader for 3 years even with small profits, I have gained confidence that no one can preach and teach. I have also experienced a broker failure and my money not being returned to me, so if you have experienced anything like this write me, I can give you some advise and let you know what you can expect. No one told me this before hand. Thanks. Trade safely.
senan Fuchedzhiev
Hi Traders, EUR/USD volatility was high, lets see if this will last from now on. Anyone try to use the EA I recommended, as I use it to do my trading?
senan Fuchedzhiev
Hi Traders, volatility has gone up, which might be a good thing. Just keep that in mind. Personally I have restricted my trading only from Monday to Thursday. Thanks.
senan Fuchedzhiev
Hello Traders, After Brexit, do the EUR/USD and GBP/USD will not trade/move in the same direction as they have been? Anybody has any thoughts? Thanks
senan Fuchedzhiev
Hello Guys, Anyone know anything about how long is MT4 platform will be in existence yet? Have you heard any updates on this from your brokers? Thanks.
senan Fuchedzhiev
Good Day Traders, holidays are past now and I did not see any spikes, gaps or fat fingers Price Action during the low participation period. I guess its time to start trading again. Keep in mind the NFP coming up this Friday and 31st Jan, 2020 -- BREXIT. Try to be patient and not get caught up trading GBP pairs during around that time as brokers might increase the margin requirements, as they have done in the past to off set their own risk to you. Thank you.
senan Fuchedzhiev
Hello Traders, I thought to share my views on a good broker that I have been able to trade well, use EA, hedging, make a small profit and been able to withdraw my funds from without any issues is ActivTrades. FCA regulated. That is not the only broker but my choice. Also the EA that I use to make a small profit is Loss/Recovery Trader Premium, which you can purchase here from the MQL5.com web site. I use the hedging option. It has variety of options to start the trade and this is the only way to trade as the markets are unpredictable. Just test a lot, make sure you cover all the basis, make sure you know, what to do and what you can expect in any unforeseeable situations and calculate the risk well. Do not skip this last step, as it is the core of all lost accounts. Soon I will mention also another EA that trades the same as well, which you can also purchase here from the MQL5.com Thank you.
senan Fuchedzhiev
Hi Traders,
So far again, the only profitable strategy remains a system with some sort of hedge. Now on top of everything else we need to worry about brokers going out of business!!! Unbelievable. Is it possible to make money in this environment at all?
So far again, the only profitable strategy remains a system with some sort of hedge. Now on top of everything else we need to worry about brokers going out of business!!! Unbelievable. Is it possible to make money in this environment at all?
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