New EA Myfkbook Forex Sentiment indicator & EA
- Thread starter winidecorw
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me the same
ok but DD must be control it's logic, the key to consistent profit it's the profit more than Loss, it's for this reason i ask if you have same Trade than me ...Normal to have a drawdown.
We don't live in paradise
wallywonka
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Needs some entry filters, like limit orders or reverse candle or RSI/Stochastics.
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This is my review for this thread:
Very interesting idea
Very interesting idea
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Please could you update the EA so that it prints on chart the last time the myfxbook data was updated?
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Hi!
The data IS updated in the first 5 minutes every hour
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Ok, thanks!
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No, but if you restart the EA it will update instantly. The problem with this is that Myfxbook has a limit of connections per IP to the market sentiment page.... you can try it by connecting and reloading multiple times with the browser. There comes a time when the website does not load and you only get a message that you have reached the limit.
If this happens, the EA will not be able to read the data and all the bars will be 100% (It is not recommended for this to happen)
So it can be dangerous....
john w dufour
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I ran the Forex Setiment Trader EA for the last 4 days with good results. Profits this week beginning on Wednesday were Day 1 - $120 (half day), Day 2 - $149, day 3 - $457 with the highest drawdown being $278. Ran it on a demo 50K Account using Blueberry Markets broker. What I did to run it was add a closeallprofit EA on another chart. Whenever it got to $60 it automatically closed the trades. I'll continue to run it this way next week to see the results.
Thank you for your update. I like your idea of closing all profits at a certain threshold. What lot size did you use to achieve the profits mentioned? What pairs did you use? Also, did you go with the sentiment or against the sentiment?
I set up the EA late and could only test it for one day. I tested on 20 pairs and "Against the Sentiment" using 0.10 lot on a $5000 demo account. My result of one day of testing is $46.
I set up the EA late and could only test it for one day. I tested on 20 pairs and "Against the Sentiment" using 0.10 lot on a $5000 demo account. My result of one day of testing is $46.
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john w dufour
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I did the following symbols: XAUUSD, USDCHF, NZDUSD, UCAD, ACAD, UJ, GU, and EU all "with the sentiment" they were all buys. .25 lots on a 50K demo account.
your setting is default ?
Yes, follow sentiment.
Thank you