Sequoia mt4

I was very sceptical when I first looked at Sequoia. The backtest results were just too good and in my experience almost all EA's showing this quality of backtest results either have manipulated backtests or simply cannot deliver in live trading. However I was intrigued that the EA seemed to be stable across such a wide range of currency pairs and in the end my curiosity led me to rent Sequoia for 1 month to thoroughly test it out. The seller Yvan was responsive and helpful and handled my extreme scepticism with good grace. Well here we are, 1 month later and I have bought the full version of the EA. That should tell you all you need to know... It's expensive, but I think this one is a keeper. I will update this review after 1 month of trading on a real account. But at the moment it definately gets 5 stars

Very Good Profitable EA

Quiero contartarme con el vendedor he alquilado SEQUOIA y tengo unas dudas

　I can not give a star it loose on real trade

Hi, dear trader :) I just bought this +++ SEQUOIA +++, BECAUSE :)) according to testing on opened prices only on H1 TF, longer AND short term results are VERY INSPIRING :)) on practicaly every currencie pair. Which means that a SEQUOIA has SOME SPECIAL UNIVERSAL TRADING LOGIC :)) Mybee it performs better on wider RANGING PAIRS, HOWEVER IT WORKS VERY GOOD ON TRENDS ALSO :)) I''m testing A LOT of EAs and ... THIS ONE, IS SOMETHING SPECIAL :)) Now, this is an automatic tool, or should I say an automatic FX SNIPER MACHINE GUN :)) Which means that it fires a short burst, depending on your desires, of course, at some SPECIFIC PRICE EVENT. It will HOLD, WAIT for it, ... then BOOOM :)) +++Taking very nice pips from the market :)) +++ You can leave default settings and it will work VERY NICELY :)) Play with SEQUOIA in a tester first, of course, to SEE its CAPABILITIES :)) +++ IF YOU ARE LIKE ME :)) +++ , YOU WILL LOVE IT, FOR SURE :))) But... :) ARE YOU like me ?

So, this is an UPDATE, the Sequoia is working PERFECTLY, as expected, ... however a trader should be selective, wise and not too greedy :) Because price algo is not really predictable ALL the time, and we SHOULD PREVENT, that OUR GREED in BAD DAYS does NOT take away all those profits, that were made in NICER DAYS :) KEEP THIS ALWAYS IN MIND, PLEASE :) GREED and IMPATIENCE causes to allow EA placing more and more trades and bigger lots. Try to make MORE profits with MORE PIPS , NOT bigger lot sizes, which causes also bigger DD ! :)

That bigger lot sizes produce MUCH BIGGER profits too, OF COURSE :)), BUT !!! ONLY !!! +WHEN+ things finnaly goes in the right direction ! Right ? :))

How to do that ? ... Well, one very simple step IS : Alow an EA just ONE trade in series and place ONLY 0.01 lot size.

A trader must understand that cannot expect a price to always go nicely up and down, and also that all pairs will have the same liquidity.

That is just NOT the REALITY.

So, since a VOLATILITY : UP and DOWN movement IS a FUNCTION of LIQUIDITY !!! , a trader should find such pairs, that has a little LESS liquidity and therefore LESS NOISE !!! :) therefore little NICER-MORE SMOOOTH MOVEMENT !!!

And out of ALL THOSE pairs try to select the BEST ONE(S). TRY TO SELECT NOT MORE than JUST 3 pairs, if possible(smaller DD) AND they should have NO SAME CURRENCIE TOGETHER !!!

Like AUDUSD , GBPJPY and EURCHF, for example only !!! NO CURRENCIE IN COMMON !!! :) see ? :)

This is a one proper diversification and THIS WILL ALSO HELP YOU TO MINIMISE DRAW DOWN- DD.

Depends from you, what your RISK and GREED level is :))

THAT has NOTHING TO DO with the EA, EA DOES WHAT IT DOES, but WHERE IT PERFORMS ITS WORK, CAN GREATLY EFFECTS on the FINAL results !!! IT'S JUST NOT THE SAME, +++WHERE+++ YOU PUT IT TO WORK :)

ALL THE COMPLIMENTS TO THE CHIEF YVAN MUSATOV :)

VERY NICE WORK :))