leo23's Posts - Page 33

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 07, 2017 at 06:18

@AmDiab Please note that cryptocurrency trading is completely different than forex trading. So never try to margin trade or day trade cryptocurrency using a forex broker. The best way to make money from cryptocurrencies in long run is to buy the cryptocurrencies and keep it in a hardware wallet by exchange trading. Of course, no one has to follow my advice and this is just my personal opinion that cryptocurrency should be traded only in exchange trading mode and not through margin trading due to high volatility and you can easily get stopped out no matter whatever is your stoploss since it var...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 06, 2017 at 14:51

Programming updates for this week:--------------------------------------------1.The performance of the EA programming has been improved by replacing the double data types by int data types of multiple variables used in the internal programming of the EA. This will help to process the entries and exits faster and will consume less memory.2. Also, few additional pieces of codes which are not used in the entries or exits were removed which will improve the speed of execution of the trades.3.Now, the EA can be used with multiple pairs other than the major pairs. For that few additional logic has b...

Best Broker for a Newbie in New Traders Sep 06, 2017 at 14:51

Obviously, everyone has to check whether the broker is regulated or not, whether the broker supports your trading style or not etc.But 2 additional important things I will point out here:1.Never deposit a large amount of money to a broker account at first without going through a complete cycle. I mean first deposit a small amount which you are okay in loosing, then trade with small lots and then, withdraw the entire amount and monitor how fast and easily the entire process goes on from which you can get an overall idea of the broker's operation in back end. If they are hesitant in the with...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 06, 2017 at 12:58

Yes, you are correct. Many people just ignore Bitcoin assuming this as another virtual currency like perfectmoney owned by a company and people don't realize the difference between virtual currency and cryptocurrency.Rather than just a currency, Bitcoin is the biggest and first example of a new technology by which money can be decentralised and not having any control by any particular government which is a very good thing for everyone. Following and imitating Bitcoin now hundreds of other cryptocurrencies are developed and now used as well, but only in specific countries and specific compa...

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 04, 2017 at 10:10

We were unable to respond to some of the emails in this weekend since we were busy with some other stuff and now, we have responded to all emails to users who contacted our support for last 2 to 3 days.By the way, very soon in a couple of weeks we are going to add few more accounts of our clients under fund management and we will make those accounts public. Anyone who is interested for fund management also can contact our support. If you are willing to subscribe to the signals through signalstart of this particular EA, then you can post a comment here. If we receive at least 50 comments from u...

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Sep 03, 2017 at 06:54

Finally, Bitcoin has hit 5000 USD per BTC as I posted in my previous post. Of course, a pull back has happened after it hit the 5000 USD resistance. Now, 5000 USD will act as a support and I expect Bitcoin rate of increase to be accelerated at much higher rate in coming weeks with much higher range of daily volatility. It may vary around 1000 USD per day when it will cross 6000 USD or more. By end of this year 2017 I expect the BTC price to be at least 10,000 USD per BTC if not higher. But it can be as high as 12,000 USD per BTC as well by end of December 2017.

Febonacci Forex Robot V 2.5.2 in Trading Systems Sep 01, 2017 at 09:46

Few programming updates:-----------------------------------1.The logic using the sleep() function to pause between consecutive trades has been improved so that it can work fine when more than one trade from multiple pairs will be closed at the same time and it can still pause each currency pair individually.2. The spread comparison for 4 digit broker was enabled and so the spread comparison should work fine for both 5 digit and 4 digit brokers equally.3.These updates should be automatically updated upon next mt4 restart for all the users who are using our ea.

Can forex trading make you rich ? in General Sep 01, 2017 at 09:43

Forex trading can make you rich if you take forex as business and any business can make you rich if you know how to do it. But if you think forex as a job where you expect to get paid same salary at the end of every month, then in contrary it will take some money every month from you from your losses while trying to achieve the same. If you think forex as gamble, then instead of making you rich forex can make you poor.

Who can help me to trade? in General Aug 31, 2017 at 14:35

In forex trading every time you place a trade it is similar to solving a problem in an exam and hence, if you have done enough practice in home similar type of questions before attending the exam, then chances of you finding the solution is more likely. Similarly if you have done enough practise on past data using your forex trading system, then chances are there that you will succeed in forex using your system. But if you have only read before the exam, but not done any practise, then even if you know everything you may fail in exam. Same way even if you know everything about forex, you will ...

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 29, 2017 at 12:34

Users Update:-----------------Recently we found that our support email rediffmail doesn't seem to be reliable for regular email conversation and it may be due to temporary problem with our particular rediffmail address or a permanent problem with rediff, but many times we have found that the emails land up in junk and sometimes we don't receive emails from clients who contact us to our rediffmail address. Also, many times the emails are getting bounced back for our replies. So we want to update all that we generally respond to emails within 24 hours and if you have contacted our suppor...

Looking for a mentor in Experienced Traders Aug 29, 2017 at 10:19

I don't remember any direct website links or names whom I can refer because it has been more than 8 to 10 years when I switched from manual trading to auto trading. During those days I used to search and I found some good source from internet which helped me a lot.So I am sure if you keep searching on google you can find too. But I hope you understand what a mentor is supposed to be. In my understanding he must be trading for a living in his own live account using his own manual trading system. Again, he must be having the ability to explain and transfer the knowledge to his followers to d...

Metatrader programming in Programming Aug 28, 2017 at 13:53

Yes, you can't get the values directly in MT5 similar to MT4. For accessing the values of almost all indicators you need to first use a handle to first copy the indicator values and then, you need to use "CopyBuffer" function to copy the data for all candles. You can search the usage of Copybuffer function and you can find the answer what you are looking for. Also, help is available in the MQL5 editor.

Looking for a mentor in Experienced Traders Aug 28, 2017 at 06:11

You need to do a little more research directly on Google to get a mentor instead of trying only on this site. You can find a plenty of them and you need to choose the right one for you based on your psychology. Many mentors who are generally successful traders offer some trial free courses before someone joins their paid training course. You can decide accordingly.

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 27, 2017 at 10:34

You are not pointing out anything here when we already replied to the previous posts,rather you are just trying to bring attention towards your profile so that people will contact you and you can offer your products. And what kind business you have when you said "it is our business" and who are you? Do you think yourself as the website owner by creating a profile named "scambuster"?? Such tactics don't work for attracting clients, so better go somewhere else.Finally, it is not a place to promote business and we think you better know that already. That's why you are ...

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 25, 2017 at 10:58

@scambuster You have no business here in our thread. Looking into your profile name and profile having no system in profile and you created this myfxbook profile to comment and criticise other systems and most probably you are having another myfxbook profile to sell your own products. So you should better try some other tactics to sell your products not by commenting on other threads. We don't need your trust and we don't want you to buy our EA. . This account will not be verified as mentioned in previous posts.

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 24, 2017 at 13:53

for sell

Can You Help Me With This EA in Programming Aug 24, 2017 at 06:24

A small correction to the above post, the price information should be copied using "CopyRates"

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 24, 2017 at 06:23

Trading using the Febonacci levels works great in an average trending market where the price bounces back most of the times on key febonacci levels before continuing with the trend. That is exactly our Ea is based upon.So many times it looks very nice to watch the price move on chart when the price moves exactly from the key febonacci levels without much retracements or drawdowns.The EA can easily handle the major news events since it uses both static as well as dynamic stoploss. Also, using Febonacci EA can be a great tool to trade as a scalper in small timeframe in small price ranges. But th...

Can You Help Me With This EA in Programming Aug 24, 2017 at 06:23

You should catch MA value in a handle and then, compare it with Candle price.priceInfo[-1].close should be replaced by PriceInfo[1].close provided if you have sorted the elements using "ArraysetAsSeries()" as well as copied the price information using "CopyData"You should do a little search for the exact sample code or I may post it in my next post.

Help me i am a newbie in General Aug 23, 2017 at 06:41

I would like to point out 5 key points to improve your trading results significantly irrespective of whatever your trading style is:1.Risk per trade: Never place a trade which you can't accept it to be a loss. Once you entered the trade, you should 100% accept that you are fine in loosing that trade, otherwise, don't place that trade or reduce the lot size. As a thumb rule which many traders will say don't risk more than 1% in one trade.2.Don't over trade: This is the most common thing many successful traders will tell and many unsuccessful traders will ignore. It simply means ...

EURUSD	1.05422	GBPUSD	1.26324	AUDUSD	0.64692
USDJPY	154.523	USDCAD	1.4084	USDCHF	0.88746

Posts by leo23