Dear thank you very much
Dear thank you very much
I am 100% agree with your post.Within in a year 11 month you win but only one day your total balance will be blown.
Please use risk percentage not fix lot size
uchimi I shared my EA and Set file, you need only to read my lasts postsI never make a secret of my work
There is no risk percent, please look at the image. The template has no such settings. I tried it too. It only has fixed lot. I guess you're missing it for another ea. Pleasw help fix it sir. coffee is on the way sir.
yess.... need to agree on this one. cons of martingale are someday when the trend change it will blow your acc depends on your money if you have tons of money maybe it will survive but if you have only small capital of money it will be blown in other hand pros of martingale is you can make a lot of money in short time.
I agree we need with STOP LOSS
Yess.... but here's the thing about SL wee need to put the sl lower/below SnR if not it will be wasting of money because the price will hit the SL before it will be bounce again (pullback), idk if Mr. Tanaka can do it
Good Lucki hella agree with this one. my advise is if you want to use ea please BT (with 99% data) first after that FT 1 month second you still need MM idc you using the best ea that cost 1000000$ u still need MM (example you have 100$ and you using 1 lot well say goodbye to your 100$)
Usually, the issue is not in the EA itself, We must understand the price action, Forex is nothing but Money management in a stressful condition, I wonder why people rely 100% on the EA. It is very important to understand the logic behind an EA after that you can utilize it. I notice many novice traders when they see a few attractive candles they open their position without knowing the price action. this traps them into losses. I believe in manual trading which I do from the last 7 years with good results. I am using some of the EA only on small account starting from 20$ or 50$ if the EA double the original balance in two weeks I withdraw the original money and then putting it on VPS which covering at least my kitchen expenses. If you cant withdraw the original money in two/three weeks then forget about that EA. monitor the set and mistake of the EA and try a better set. One of the most important thing in using an EA is choosing the right broker with the lowest spread and zero commission. It will increase the winning chance by 20%. Personally, I use https://tinyurl.com/yyu6hgya which work great for me. The basic purpose of an EA is to automate your own logic as nobody can afford to sit in front of computer 24hours. Happy Trading with No Tension
Hi Miguel, your indicator is actually the HMA indicator with period = 80. Please check and compare it yourself. Hence, just use any existing HMA EAs that are already developed by Mr Tanaka.
Let's be realistic here, instead of just making comments. If you win with an EA for 11 months, my dear if you blow your market strength in a month, then you are not a forex trader.Money management is always the key, greediness is mostly our vise in this game...
