I only test ea no sleep on demo for one week, it is hard work to read 100 pages in forum and understand every setting.
Here is what i learned:
- use ea only for London day session 9 hours
- only turn on one direction for strongest vs weakest pair for strongest trends
(for example gbp is strongest, usd is weakest, only long positions on gbpusd)
- pipstep must be negative number for example -8
- watching it means i can use bigger lot size
- enter pair when trend starts (for example ema14 cross ema50)
- close pair when trend ends ( for example 1 hour ema 14 is broken)
- you must know the market structure and know which pair strong and which pair is weak
- i don´t use it in ranging markets, only in trending
- still a lot of testing ))
- it means it can not be used at night full automatic, only manual during the day for your selected pairs under your supervision ))
- my current settings for only manual best trending pairs :
0.03 lot, tp5, pipstep -4, psm 1.4, lotmultiplayer 1.5, slippage 3, max trades 7
-many people believe that this ea is not working, if you believe is not working it never will ))
- author will get a good karma for sharing his hard work ))