leo23's Posts - Page 34

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 22, 2017 at 14:34

Few settings Update:*****************1.TimeFrame to run the EA has been changed from H1 to M15.2.StopLoss is set as 10 Pips.3.Takeprofit is set as 30 Pips.4.Trailing stop is ignored by setting it to very high value so that all orders will be closed only by stoploss, takeprofit or trend change.The EA users can manually set the settings in the EA or they can contact our support to get the latest .set file.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Aug 22, 2017 at 06:19

Now, Bitcoin is all set to rally for the next target 5000 USD per BTC. But pull back can be still expected till 3700 or even 3500 USD before it hits 5000 USD. Large traders have made enough money by moving their money back and forth from Bitcoin to Bitcoin cash and vice versa within a matter of few weeks.

Can forex trading make you rich ? in General Aug 22, 2017 at 06:18

Forex trading can make you rich if you can survive in the market in long run without loosing everything.

Is stop loss hunting real ? in New Traders Aug 20, 2017 at 06:27

It is very simple. You just need to add one additional line code for closing the trades so that a BUY order will be closed if the Bid price will go below hidden stoploss value in terms of points from the order open price. Same way a SELL order will be closed if the Ask Price will go above hidden stoploss value in terms of points from the order open price. Same way TP can be set for trade close.So instead of directly applying the SL and TP, the EA will close the trades when the hidden SL or TP is reached.

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 20, 2017 at 06:26

We may look into this broker in details in future. For now there are plenty of other options for reliable brokers like Pepperstone, IC Markets, Axitrader, FxChoice, Oanda etc.

Is stop loss hunting real ? in New Traders Aug 17, 2017 at 12:43

All the stop hunting business comes into picture when you are trying to scalp with tight stoploss with few pips, otherwise, if you are using a day trading strategy with a stoploss of around 50 pips or more, then there will not be any such situation at all with almost any regulated broker. Of course, you can use hidden stoploss and hidden takeprofit as well. These hidden SL and TP generally benefits while scalping reverse trend and hence, gives positive slippage.

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 17, 2017 at 09:59

Note that buying the EA is an option for traders to use our system, but selling is not the only option for us to make money. We are traders and make money by trading and not by selling our EA.So you are somewhat correct in saying that "We don't want to sell our robot". Someone has to decide on investing in our system based on the information available to public. If someone is too smart enough, then he should not waste time in searching for a EA or system, he should be able to trade by himself to make money.

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 17, 2017 at 09:58

We checked your profile and all most all the posts are about darwinfx. Are you an affiliate with Darwinfx broker?

Help me i am a newbie in General Aug 17, 2017 at 09:56

@togr I am not referring to EA backtesting. Because EA backtesting is completely different than manual backtesting. Manual backtesting a mechanical system gives a trader the experience to deal in real markets when a similar pattern appears in real market and that's how someone learns and progresses. No forex trader canbe 100% accurate all the time.By the way, trading with an EA has nothing to do with a successful trader, because everything is done by the ea. So all the above steps which I mentioned will be eliminated and you just need to find an EA and backtest it and use it. But I will ca...

Help me i am a newbie in General Aug 16, 2017 at 14:49

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 16, 2017 at 11:34

We just had a quick look on that broker's website and we couldn't find anything significant in that broker compared to other popular brokers. Regarding history of trades, it has nothing to do with broker. It is myfxbook settings and we have kept everything private.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Aug 16, 2017 at 10:22

Bitcoin seems to oscillate around the price range of 4000 USD per BTC. I expect the price to reach 5000 USD within a couple of weeks, but of course there might be pull backs around 3500 USD before it reaches 5000 USD per BTC.Etherium is the next competitor after Bitcoin and there are also so many altcoins rallying to reach near the top 10 coins. Currently, the total market capital is around 135 Billion USD with a 24 hours volume of 5 Billion per day which is of course a very small number compared to 5 trillion a day of forex market.

Trading the cryptocurrencies Bitcoin,Etherium, Litecoin etc.... in Crypto Aug 16, 2017 at 06:03

This topic I am creating to keep on updating about the latest news of cryptocurrencies who love to trade cryptos rather than forex. Finally, Bitcoin has crossed a price level of 4000 USD and now at the time of writing this post, the price is around 4300 USD per BTC which is absolutely insane. Just few weeks ago it was below 2000 USD and so it is a 100% gain in few weeks.We love to trade cryptos because you can simply buy and hold the cryptos in your wallet and there is no question of margin call which generally happens in forex trading if price goes significantly against you. Almost any % gain...

I am new to trading.. Should I get a robot? in New Traders Aug 13, 2017 at 06:26

@mlawson71 That is a good article. Of course, auto trading has many advantages over manual trading, but that doesn't mean simply buying any ea will make profit.Sooner or later everything in the world will be automated and will be controlled by super intelligent artificial intelligent machines and so when forex trading is already automated and hence, definitely automation in forex trading will progress further. Just need to keep learning.We are working on an Artificial Intelligent robot written in MQL5 and sooner or later we may publish a account in our profile. There is no marketing involv...

Can forex trading make you rich ? in General Aug 13, 2017 at 06:15

Forex is like any other business. So if you know how to do run the business, then you will make money out of it, otherwise, not. It has various scopes or levels starting from:1. Banks2.Forex brokers3.Hedge funds4.Affiliates5.Independent traders6.Fund managers7.Investors8.Programmers on Forex. So you have to find or choose which level you fit into and do proper research on it before putting your money. The entire money 5 trillion dollar a day forex market money is distributed in all these 7 levels everyday.But mostly when we utter the word forex, immediately it comes into mind as forex trader a...

Anyone Using Bitcoin Brokers? in New Traders Aug 09, 2017 at 06:28

We are now mainly focusing on Cryptocurrencies and hence, we do proper research before posting here. The information which we posted was not wrong.You can see what happened on August 1st. There was no actual split of coin. It simply means a group of traders decided to create a new chain from the existing chain of BTC using same source code. That's all. That's why everyone who saved their private keys and kept their BTC in hard wallets got same amount of BCC as well. But in case if a real hard fork would have happened, the actual BTC value would have divided by 2 having two different co...

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 04, 2017 at 11:41

For those who want to use the system and those who are using the system, here is a list of key features of the robot:1.The robot uses key febonacci levels for trade entries and redraws the levels automatically on price level change or trend change.2.It exits the trades based on stoploss, trailing stop or by trend exit3.It can be used in any number of currency pairs.4.It can be used in any timeframe since it is based on Febonacci levels. It can be used in higher timeframe as a day trader or it can be used in lower timeframe as a scalper5.It uses both hard stoploss as well as hidden stoploss and...

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 03, 2017 at 06:36

@L3CAP You might be knowing about mt4 and mt4 broker dealers, but probably you know or don't know that once a mt4 account is accessed through either investor password or login password, the last login IP is detected and once someone gets the IP address of a VPS, he can do almost anything if he is good enough in technical knowledge of computers and networking.We don't want to stretch on this point, because it doesn't have any value for now, because we are trying to find out the cause of the mt4 problems by monitoring few account performances and this account is one of them and hence...

Febonacci Forex Robot V 2.5.2 in Trading Systems Aug 01, 2017 at 09:58

If anyone is interested to subscribe to the signals of this system, then make a comment here in this system thread. If at least 50 traders will show interest in this system to copy the trades, then we will make it available in signalstart. The reason 50 is because many traders might have multiple myfxbook accounts just to post comments and many of them simply may join and leave the signals after few days. So we don't want to waste our time and money in joining signalstart. So once 50 comments from 50 serious traders will be here in this thread showing interest to copy trades of this system...

Anyone Using Bitcoin Brokers? in New Traders Aug 01, 2017 at 06:27

It is not an actual hardfork as being discussed and had a long debate on this. Rather the new coin Bitcoin cash(BCC) is just another altcoin out there, but it uses the exact same code and same transaction history of the Bitcoin. It is being done by a group of BTC miners just for their own benefit from mining fees. Since BTC source code is opensource and hence, any group having large amount of BTC can copy it and claim to have a new coin. But it can't be called a real hard fork.In real hard fork the total number of coins will be divided in to 2 types of coins in each wallet. Here it is oppo...

EURUSD	1.05404	GBPUSD	1.26328	AUDUSD	0.64683
USDJPY	154.72	USDCAD	1.40769	USDCHF	0.88794

Posts by leo23