The Scalper EA & Vengeance EA (By Kookoo)
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The Scalper EA & Vengeance EA Discussion
Nov 24, 2011 at 15:29
Member Since Aug 18, 2010
62 posts
Many thanks Kookoo.
1) Is this EA for sale and if so where can one find more information on it?
2) Do you have any other test data for this EA on a live account?
3) Do you do the code work yourself or was this coded by a third party?
Thank you
Wayne
1) Is this EA for sale and if so where can one find more information on it?
2) Do you have any other test data for this EA on a live account?
3) Do you do the code work yourself or was this coded by a third party?
Thank you
Wayne
It's amazing what you can accomplish if you don't care who gets the credit.
forex_trader_34364
Member Since Apr 18, 2011
239 posts
Dec 18, 2011 at 07:43
Member Since Apr 18, 2011
239 posts
WayneO posted:
Many thanks Kookoo.
1) Is this EA for sale and if so where can one find more information on it?
2) Do you have any other test data for this EA on a live account?
3) Do you do the code work yourself or was this coded by a third party?
Thank you
Wayne
This EA is Martingale with 6-15 % monthly income , you don't need to pay for experts like this , you can find lots of EA like this through internet search.
as you know Martingale are doom , beware kookoo watch out , use small lots and activate the EA on trend , for example change EA option to only buy on uptrend and only sell to downtrend .
Dec 18, 2011 at 13:09
Member Since Apr 04, 2011
66 posts
Hi Bijan - by definition a martingale strategy increases the lot size (traditionally double) to cover losses made on a previous order. The EAs on this account do not do that. The scalper EA works by placing pending limit orders at a fixed lot (currently 0.08) size on a couple of pairs. There is no increasing of lot size. I t has a dynamic SL and TP. Vengeance EA places up to 8 orders of the same lot size (currently 0.01) this has a fixed SL and a dynamic TP. Please read the below link for more information on martingale strategy. It is a good idea to check the order history of accounts to see if they use a certain strategy or not, before making comments.
https://en.wikipedia.org/wiki/Martingale_%28betting_system%29
https://en.wikipedia.org/wiki/Martingale_%28betting_system%29
forex_trader_34364
Member Since Apr 18, 2011
239 posts
Dec 24, 2011 at 09:04
Member Since Apr 18, 2011
239 posts
Kookoo posted:
Hi Bijan - by definition a martingale strategy increases the lot size (traditionally double) to cover losses made on a previous order. The EAs on this account do not do that. The scalper EA works by placing pending limit orders at a fixed lot (currently 0.08) size on a couple of pairs. There is no increasing of lot size. I t has a dynamic SL and TP. Vengeance EA places up to 8 orders of the same lot size (currently 0.01) this has a fixed SL and a dynamic TP. Please read the below link for more information on martingale strategy. It is a good idea to check the order history of accounts to see if they use a certain strategy or not, before making comments.
https://en.wikipedia.org/wiki/Martingale_%28betting_system%29
Hi
I am Sorry For my Comment , i did not study the history too much .
i have this EA now , i am not sure if its the same or not.but its pretty amazing
again i am so sorry for my comment , that was totally unprofessional.
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