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About the scam brokers, yes its the horrible part in the financial market. I do not know how the people continue to give cards over the phone and believe that someone else will make money and profits for them.
Thank you Svet, for the topic, I hope more people will reach to it, before they are burned.
For me, even the brokers with high spread are scammers. I had a student who sent me the statement with the GBPJPY Strategy from the Top 5 Forex Strategies with losses and in the same time with us it was profitable. After we compared the statements we saw that his spread was 12-14 pips…and even he was pausing on news and all was done properly, the balance was negative.
I really suggest everybody to make a good resurch before taking any actions to open live accounts.
Thank you for the good words George, with the last results you sent. Me in the detailed statement, I think you are already much above your loses :) good job!
Hello guys,
The course was updated. We have create news from The Forex trading software company – there will be 14 days free trial for EA Studio as well! :)Yes guys, that is a bad thing and the worst is many potential Forex traders give up because they lost money with scam brokers. But this is in every industry to have bad and good companies. Here the experience is horrible, simply because we trade with our money and not any stocks,real estates etc, that’s why in mental point of view is the worst to loose the hard earned, saved money with these brokers.
Hello traders,
Thank you George. The courses are updated and we have prepared two new courses! One will be for manual trading and the other one with fully automated system – 10 ea fx will be included!
The courses will be visible by the end of the week.Thank you Ali,
I am sure you will have good results since you are dedicated.
Also having FSB Pro will make you professional and independent
Regards
Hello Ali,
Can you please send me the log file from your MetaTrader to see if there are some mistakes.It is possible that there were no signals for entry as well
Regards,
Just make sure to use as much History bars as possible from your broker. On M1 you can go to the maximum of 200 000, which is a good number. The more data you have, the more robust strategy you will create.
Depends exactly how you use the EA Studio. Do you go for fully automated trading or you pause on news? If you pause on news you should stay with the low time frames – from M1 to H1, and if you don’t, you an try H4 and D1.
What you can do is to create couple of strategies on each time frame, export them, test on Demo first and see which one works best for your trading style.The course Portfolio of Forex Strategies will be updated this mounth with more details about the new tools.
Dear traders. There are two updates in EA Studio.
1. There is the validation. With this tool you are able to bring back old strategies, collections and even folders with strategies and collection and it will update with the recent historical data. Of course you need to have first to update the data. That saves us a lot of time now, so the old collections are just like new – optimized and tested with the robustness tools.
2. The second is the Trading Session. Now from settings you can set up the closing hours of your broker:
http://s1.postimg.org/mydw560jj/screenshot_360.png
Please have in mind that this will affect to all strategies and not to a single one. Also if you change the broker, make sure you correct it and go over the validation to update with the historical data and the closing hours from the new broker.Dear, the Pope, we will update it for sure. We were just waiting to see if this will be the final version. It is actually a very nice tool and it saves a lot of time to update ea fx, collections or even whole folders. Also there is update in the setting with EA Studio. Now is possible to set the weekend closing hours. Please read more about it in a EA Studio topic.
George, the Pope is pretty much correct with that. I have just created such a Strategy and actually it has a pretty nice results. I will see if I can improve it a bit more and I will come back to you and share. Have in mind that such a Forex Strategy will cost you a lot of spread so you need to trade it in a very low spread broker.
Yes we need to. Its quite a huge illusion to put an ea fx on the platform and not to touch it with months.years and to expect profits. Each ea fx needs to be updated with the recent market volatility. Specially when we expect a country to rise the interest rates or to lower them, all ea fx connected with the currency of that country changes dramatically.
