familiar with Euro X2? Scalping EA

[forexea]

What currency pair, and what time frame is this EA most successful with in your opinion?

Thanks

Originally Posted by bluto

As I had mentioned in an earlier post, this EuroX2 EA is an exact ripoff of the freely available 10Point3 EA obtainable at most Fx forums as well as it's home site @ FxS Forex - Scripts - Home. I've attached a version for you here that has a nice little dynamic stop tweak. To do what you want to do, simply attach it to a chart, enter your settings, and make sure to set the "ReverseCondition" flag to a value of 1 and.....Presto! The EA will place trades countertrend to whatever the signals are. Enjoy.

[Raju]

Originally Posted by bluto

As I had mentioned in an earlier post, this EuroX2 EA is an exact ripoff of the freely available 10Point3 EA obtainable at most Fx forums as well as it's home site @ FxS Forex - Scripts - Home. I've attached a version for you here that has a nice little dynamic stop tweak. To do what you want to do, simply attach it to a chart, enter your settings, and make sure to set the "ReverseCondition" flag to a value of 1 and.....Presto! The EA will place trades countertrend to whatever the signals are. Enjoy.

Thank you Bluto for posting 10points 3_dynamic_stop.mq4 expert advisior. With no changes to it whatsoever, today I backtested it on EURUSD 1H chart in my demo account with a starting balance of $10,000 for a continuous randomly choosen period of six months and I have attached its Balance/Equity Graph. It does look good from the perspective of negligible drawdowns.

Raju.

[Melpheos]

Originally Posted by Raju

Thank you Bluto for posting 10points 3_dynamic_stop.mq4 expert advisior. With no changes to it whatsoever, today I backtested it on EURUSD 1H chart in my demo account with a starting balance of $10,000 for a continuous randomly choosen period of six months and I have attached its Balance/Equity Graph. It does look good from the perspective of negligible drawdowns.

Raju.

look in the code, this beast is a doubler... This means that one day, i will fail... (except if you have a equity of 100k and start with .01 lots )

[4xmyworld]

Forex is my world thats what the nickname tells.
Nice to be here and hope to have plenty of pips along the way.
Bye

[bunglungchingdong]

Martingale EA's they keep doubling down until your broke.
Stay away from them you could split those trades over several different EA methods on several different pairs so when one is losing the other is winning.
They good to sell because they make profits for first few weeks and looks good but then oh no to many positions not enough capital and kerplunk.
Like putting all your money on the black in roullette.

[Big Daddy]

Originally Posted by bluto

As I had mentioned in an earlier post, this EuroX2 EA is an exact ripoff of the freely available 10Point3 EA obtainable at most Fx forums as well as it's home site @ FxS Forex - Scripts - Home. I've attached a version for you here that has a nice little dynamic stop tweak. To do what you want to do, simply attach it to a chart, enter your settings, and make sure to set the "ReverseCondition" flag to a value of 1 and.....Presto! The EA will place trades countertrend to whatever the signals are. Enjoy.

[Big Daddy]

I am currently using the EuroX2 EA and i was up about $40,000 on a $100,000 account, but then lost $90,000. No stop losses.
if i would have stayed in the market, it eventually rebound with the dollar getting stronger. I was scared to loose all my capital.
What is the best way to have a stop loss in the system or do they have better programs out there that can make great returns???

[X.Oden]

You're automatically losing by running a martingale. Hate to say. It will do wonders for a bit until huge market spikes. Then, you'll lose every fast profit you'll ever gain. What you can do is include stops every 5 positions or so, but you'll get stopped out frequently with large drawdowns.....its a losing strategy.

Originally Posted by Big Daddy

I am currently using the EuroX2 EA and i was up about $40,000 on a $100,000 account, but then lost $90,000. No stop losses.
if i would have stayed in the market, it eventually rebound with the dollar getting stronger. I was scared to loose all my capital.
What is the best way to have a stop loss in the system or do they have better programs out there that can make great returns???

[Big Daddy]

what EA would you suggest???

I know they must have some reputable companies who want to help a person like me succeed in the Forex market....

[easyforexmoney]

pls help me out first of all this is the site 3100% on FOREX : AUTOMATED TRADE SYSTEMS for MetaTrader4. FREE Demo! | MAIN i already have their auto money1 and eurox2 robot who else has tried the others can you share it here with us.
i am already back testing this first two to see how it goes thanks