Forex Trading 2018- TA/FA- Setups and discussion, page-4912

  1. 2,131 Posts.
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    Hi Mason

    Good work with your EA, that's a pretty good slope.
    I have only being building EA's for 4 months so I am just a newbie at this game so maybe pay no attention to my advice. I am just suggesting that you may want to consider using a multiple trade entry system to add profitability to your H4 63 simple system.

    In my short period of building EA's, I am obsessed with adding small take profit targets with immediate re-entry. I am obsessed with increasing the size of the following trade to attempt on hitting that target amount at cost of a large draw down. For me I want that target amount which is around $30 for H1 charts up to $80 for Day charts. I will add 5 or 6 trades just to hit that bloody target. It seems to work a treat for me. I want small take profits because when the market pulls back 30 - 50 pips, I want to be able to seize those pips in addition to the first entry signal of the simple average moving system. That how the above EA works basicly.

    Sorry if my words take away from a good looking EA you have created. Let us know how your improvements go.

    Did I say I am obsessed ?
    On the chart above, it took 1058 trades in 3.5 weeks - but produced $1K profit a week ( only in Demo )
    Last edited by RickM: 08/12/18
 
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