I need to highlight that the max. DD on the shown backtest was -$65.83 with an initial deposit of $100, which translates to -65.83% max. DD, which would have been the report's actual max. DD result in case the backtest had been started on the day of ...

Safe EA_ThanksGOD

Thanks for you comment. It sounds interesting. Could you please give/show us an example? Do you cost average if the price moves against your position? If yes, what method do you use for it?

My view on trading

Agree with OP. An additional fact: the 5% who can trade profitably collects only 10% of the funds lost by the 95%... In other words: 90% of the lost funds goes into the pockets of the brokers and market makers (although usually they are the same). ...

My view on trading

I have Googled it and found a modified MQL4 version of MyPiramid_V08c EA here: https://www.mql5.com/en/job/34942 According to the related info only the following option was added: "invert trades" = True/False, although I could not find it among the ...

WinningSolution System-EA

Above mentioned "MyPiramid_V08c" EA's backtest results - with default settings - from 2012 with $10k deposit are shown below. Max. Absolut DD was $6378, so REAL max. Relative DD would be -63.78%, assuming that the backtest had been started just ...

WinningSolution System-EA

A backtestable version could help to enlighten the potential "dark side" of this strategy.

Price Action Trader EA

That's not a problem, I can post them. But only the successful ones...? Here are the first 3 (there were more but I was not at my VPS all day and initially I have messed up the TP/SL settings): AUDJPY: image GBPUSD: image NZDJPY: image

As complicated as necessary: Highest Open / Lowest Open Trade

Excellent job, SwingMan! Thanks! Would you consider using an automatic pending order option (True/False) in the EA? (Eliminating the "human factor" would allow to explore what this strategy is REALLY capable of.)

As complicated as necessary: Highest Open / Lowest Open Trade

I am sorry to hear about it, but not surprised. I wish you had read my comments 2 posts above. I have seen hundreds(!) of scams on MyFxBook and FF over the past 5 years, and whenever I have the time I try to pinpoint them. But they are just too many ...

AutobreakoutPRO High Accuracy

....and the EDGE is the deep pocket...

My Trading System - Tai

Nobody said it was a scam. Neverthless, statistical results - and especially backtest results - can be tricky...

A profitable EA, finally...

Well, "Valienty" or "Fx-Signalprovider" does not reveal much about identity, so the explanation is kind of "soft". Nevertheless, it would be encouraging to see how much "skin" the "signal provider" has in the game. Having $100 on the account is not ...

Earn 10-15% Per Month Forex Signal *Myfxbook Verified*

The shown -25.78% max. DD is tricky. Why...? Because the max. absolute DD is -140.26 USD with an intial deposit of $150 USD. In other words: if the backtest had been started on the day of the max. DD, then the Relative DD would have been 140/150 = ...

A profitable EA, finally...

It seems that the strategy is "evolving", as previously the rules were different (Post No.12): Martingale situation. 1.Draw a based candle.(Aqua) 2.Entry when next candle close 2-1 Up for buy Down for sell.(Yellow) 3.Chart turns to sell situation. ...

My Trading System - Tai

Even finding a fixed spread broker does not guarantee avoiding their "virtual dealer plug-ins" and "HUUUUGE" slippages. Moving the strategy to the centralized and highly regulated Futures markets might be an option... But again, it would require an ...

My Trading System - Tai

Unfortunately MT4 backtest methods are based on simulated ticks, however, with this strategy the M1 mode should be just fine. Real tick data are available only for the Futures markets as far as I know. P.S. Due to occasional need for high ...

My Trading System - Tai

Yes, you are right. The starting deposit was $100k and the profit was $24k over a 5-year period, i.e. about $5k yearly ROI which translates to approx. 5% per year and about 0.4% per month.

My Trading System - Tai

It might just turn out to be the first "Holy Grail Martingale" on ForexFactory with a tolerable -6.60% max. DD as shown in the displayed backtest... Congratulations! For how many years has it been backtested to see the occurances and impacts of ...

My Trading System - Tai

You could open a separate commercial section thread for "charity donations" for the EA...

EA required using Livelli indicator made 600 pips

Read this FF thread (especially the opening post): url OR Just have a look at this screenshot from the above thread: image

Does anyone make money out of Forex Trading?