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New EA MillionTrader EA - from the developer of Milliontrader

Hi neji63,

Some initial observations- I can see why it is considered thrash! - the signal on default settings back paint some 15 bars ago making it one of the most delayed signals ever. So it has to be set on the major swings ie high time frames for it to eke out profits. The signals look very good on paper due to the back painting but unless something is done in the settings to optimise it well, the default settings will not lead to very good results- in fact losing money. Hence we need optimisation and good set files for specific pairs.
Looking forward to your posting about the good EA.

Yep you nailed the problem brother .....

Yet there is a way to profitably use the indicator even on low time frame combining it with other trend following indicators .....
 
Looks good trading tool,
works in exotic trading pair are so high risk, however trading software looks perfect to make a good performance.
 
Yep you nailed the problem brother .....

Yet there is a way to profitably use the indicator even on low time frame combining it with other trend following indicators .....
Hi Whale,

Care to share what your "way to profitably use the indicator even on low time frame combining it with other trend following indicators "? That will be really useful. Thanks
 
Hi Whale,

Care to share what your "way to profitably use the indicator even on low time frame combining it with other trend following indicators "? That will be really useful. Thanks

Yes I will just let me finish some tests .....
 
This version is working fine
Use frame 30m , 1 h , 4 h only
Do not change the name expert or indicator
Instructions are attached from the expert programmer in a pdf file
 

Attachments

This version is working fine
Use frame 30m , 1 h , 4 h only
Do not change the name expert or indicator
Instructions are attached from the expert programmer in a pdf file

Unfortunately the EA is seemingly broken and doesn't open any trades ....
 
This version is working fine
Use frame 30m , 1 h , 4 h only
Do not change the name expert or indicator
Instructions are attached from the expert programmer in a pdf file
What broker are you using? What type of account? Standard, Cents, Raw,Zero Spread or ECN?
 
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