I asked Alpari (UK) about this and they said "we will not be banning hedging".

Proposal to phase out Hedging

RSI > 80 and RSI < 20

overbought/oversold

I have also coded in the following change(s)... if(Bid > Var5 + (Pips * Point)) { if(iRSI(NULL,0,14,PRICE_CLOSE,0) < 40) { myOrderType=1;//SELL } } if(Bid < Var5 - (Pips * Point)) { if(iRSI(NULL,0,14,PRICE_CLOSE,0) > 60) { myOrderType=2;//BUY } }

Nanningbob 60x90 EA

You should avoid any pairs where the spread is > 100 (5 decimal).

Nanningbob 60x90 EA

Modifying the 60x90 gives some good results for 2 weeks tester.

Nanningbob 60x90 EA

I will be trading using the following modification this week.... EURUSD & USDJPY TP=100 SL=500 MA=55 PIPS=150 TF=15M Levels=3 Multiplier=2 Will post my results on Friday. Good Luck All!!!

Nanningbob 60x90 EA

They will do the same.

Proposal to phase out Hedging

My point is that some EA's will constantly hedge a pair, buying and selling until a overall profit is achieved. Yes, you can just go long or short and let the trade ride but if you get the direction wrong then you have no position in the market. You ...

Proposal to phase out Hedging

Yes, but if you buy 3 and sell 2, then you are not flat.

Proposal to phase out Hedging

His EA doesnt open Buy and Sell at the same time. It waits for a certain market condition to be met before entering the opposite trade.

Proposal to phase out Hedging

I am aware of one individual (no names) who's Neural EA uses a 100k account to grid/hedge 8 currency pairs using micro lots. The system does place buy/sell on same pair with startling results/profits. Having said that, he wont give me a copy of the ...

Proposal to phase out Hedging

All brokers will go down this route.

Proposal to phase out Hedging

The idea is that all the main brokers will go down this route.

Nanningbob 60x90 EA

Care to post the indicators ?

FxMatixPro - 5M Intraday

Also, forex-crack have a get out of jail free card... "We will decompile any .ex4 MT4 file free of charge on the assumption that the work/code is your own, copyright infringement is against the law" Also, i think they are based somewhere in Russia, ...

PowerSM Semi-Martingale EA Trades

rapidshare network, over 3,000 downloads so far. The problem is that forex-crack website will decompile any .ex4 for free.

PowerSM Semi-Martingale EA Trades

Are you aware that the PowerSM source code is freely available on the net ?

PowerSM Semi-Martingale EA Trades

Yes, grid, hedge are basically the same. Some brokers do not allow hedging of same symbols. i.e. you cant long and short the same pair otherwise they will close one of them automatically. Besides allot of EA's have been built around grid or hedge ...

PowerSM Semi-Martingale EA

Isnt that just the same as the old buy/sell grid ??

PowerSM Semi-Martingale EA

The source code to PowerSM is freely available on the net.

PowerSM Semi-Martingale EA