randy1953

This site has massive copyrights violations I have sent this letter out to all the forums I am a member at. They steal the hard work of others and profit from it at no cost..read below I am posting this in hope that it will bring the awareness on illegal sites that steal other peoples work. This site is Moderated Message: URL Removed: Promotional I was shocked on this site is every commercial EA for free and every trading system for free including our Max trading. This site gets every single trading tool EAs,manual systems,indicators that are all commercial then decompiles them and runs test on them in the name of sharing. However they are causing a great deal of damage to the developers of these systems, some of them cost over $5000 and every single one is free. Then the byproduct of a site like this is this site Moderated Message: URL Removed: Promotional This is a site where you can buy any EA for $9! FX Boom $1,500 system $20. So where do they get their inventory well they just go free shopping on Please moderators keep this notice up. If you need proof just sign up and go to that forum and you will see everything. Also maybe this will help to save some honest developers a lot of money for at least they know now and could get this site for illegal practices of violations of copyright issues.. So to all the honest traders here please keep this notice alive. If you see it come down for whatever reason maybe a moderator is in with these people who knows then re-submit please.. Something needs to be done with this site. I am lucky I was going to go commercial with my EA but not now. Why pay when you can get it for free. Thank you for your time Randy

You get what you give out.. You 2 remind me of barking dogs it's only after you leave they bark..brave souls you are.. Maybe next time you will learn not to put down something that you know so little about and also it's not nice . I have not said one word here about trading futures and the problems with do so and there are problems but I remained quiet when you supposedly adult people took pot shots at my trading platform,calling almost every broker a bookie etc etc. grow up.. I am out of here for good you will never know what you lost and it suits me fine.. randy

Sorry but it's the way some of you react..you consider 16 % this is a large dd you make me laugh what do you trade maybe marbles?..I came here only to help and was met with all the actions that children have when they do not get their own way..now you can call it what you want..it's really a shame.. I'm not promoting anything here and would appreciate that you stop lying and assuming..just one more nail in the coffin of what I am dealing with here.. Any how I am out of here you do not deserve what I have to give so just make use of what you have..good luck with that randy

lol you sound like my kids but they have a excuse there 8 and 10..you sir just have a hard head you should go back to futures you will never make it in Forex with that attitude. But I make it and do extremely well funny all the things you mention if they were real has no effect on my trading.. randy

I posted about my response on a different thread. I admit I became too defense too quick but it sickens me when traders from a different market feel the need to put down the market I make a living from and they do this out of ignorance not out of research.. When you said most brokers that is close to a absolute . Are you familar with the NPA not NFA but Forex peace army. they do honest reviews of all forex brokers take a look and you will find that most are ok to very good and a few are scams. Anyhow i have my truce flag up now waving at you.. randy

Your NT is screwed up not the broker. I have cross reference many many forex brokers nd at the most you could see 1 to 2 pips.. I have no idea where you guys get this stuff but I can see why you feel like you do you got wrong info simple as that I f I check my broker with Onanda it's right on the money as it should be..I have no idea what your doing and I don't want to learn.. randy

Ok my friend I will accept there was a misunderstanding here and it may have been on my part..sorry if I went off on you I just get so tired of listening to loosers(not you) that all they want to do is find problems and then whine. Your correct BF the more I read what you wrote I do see what your saying and also see why I assume something else.. thanks randy

Actually your post and the other gentleman posts are far closer to the truth of thing. The other posts well are like kids saying na na na I got you or something stupid.. This is the absolute truth when it comes to doing well with a EA, any EA. You will not hear this from really anyone well maybe a few but it's info that is rare. There is only one way that you will be successful over the long haul with a EA trading your account. You need to treat your EA as a equal partner in all aspects. Just like your EA was another person helping you trade a account. Lets say you have a partner for years well one thing for sure you would know him /her so well that you would know what they would do before they do it right? Well this is the way you need to know your EA . You always need to be one step ahead. This is only the beginning. Picture this your kids who are young and going to school hear the Fire alarm go off in school. What happens first thing that happens are the teachers get hold of there class and lead the kids outside while other teachers stay in the hallway making sure no kid is left behind. What you you think would happen if there were no teachers just kids. My money would be on it becomes Chaos with no direction etc. This is exactly what happens when a person uses a EA like a martingale and gets a large dd. they have no idea what to do, they are froze to the fact that they are helpless and they do the worst thing possible and that is to sit and hope. the end result most of the time is blown accounts. So what I do and I am just beginning a mentors ship program where I will take a few students and show them how they can escape. This is never taught. You have one section of folks who use a EA and never intervene because they think it's scared and just let the thing run and another section that would love to fix the problem but has no idea how. I have created a technique that will give a person the ability and confidence to get themselves out when they have a large dd if not stop will blow there account. Now thaat you know this go back and look at my live chart again. Notice at certain times it dropped quite a bit . Those are the times I tested my system when my account was around a 30% dd. Actually it's not easy to get my EA to have a 30% dd so I needed to wait until it happens. It's not pretty but as you can see the account recovered fine. You tell me how much you think it's worth to know this skill. To know that you can take a good martingale EA or a similar EA that does cost averaging and know that if it gets too bad you can get out of it. I will give you a hint. This type of instructions is worth the price of a hundred good EAs maybe more. When you approach trading a account with a EA like this then and only then can you correctly say that your in control not the EA.. Randy

lol I know that test I know al of them. Did you care to read all the posts in the discussion..No of course not..sorry but it's no wonder why some people never succeed in the trading game. they have not learned how to read yet.. Read first..I will give you a hint maybe 10% of that amount is actually the EA working the rest is manually! The trader tells you that most of his account was trade manually this is why you will have problems trying to understand what is going on when you see those very large equity build ups.. randy

no confusion at all. This is my live testing account where I test my EAs. In the first of the year I had a couple of issues I had to resolved. What you see now if the final result of this and a straight running of my EA from Mar 2..lol it's so funny how some people get jealous of something and want to try to make it not so. Sorry but it so.. randy

Here's the truth no one has a system that will make even 40% per month, month after months for at least a year. When I say no one I am speaking to everyone that is posting about their system, EA etc. If your making 40% per month and every month you can count on that 40 the first thing you do is not to tell the world that you have a system to which your going commercial with. This is plain stupid. You will stop your system from working that way. The second thing at 40% with a $5,000 seed you will become a millionaire at the end of the first year. Everyone that wants to sell a system has already admitted that it does not work by the fact he is selling it. I have my own private EA it does extremely well I would not sell it for $500,000 because I would loose money if that gives you a idea. Randy Here's one of my EAs on myfxbook. It's real money all verified and look at the draw down. I keep it under 20% and it makes very good money. http://www.myfxbook.com/members/MyLiveEA/my-live-ea/22865

I have my own private martingale EA. the first thing you should do is bring down the multiplier to 1.5 it's too high at 2. You also want to code in a option for one direction only this way when you know the market is trending strong you set your EA to only open up trades going with the trend. there are other things you can do but these2 are very important randy QUOTE=bnma;94535]Hi guys, I am looking for help to make this ea (I wrote) better. Basically, I have looked at the FX Pro maker code and saw what it does. I created a very simple version of this ea that uses hedge, trades martingale in a grid fashion but has a disaster stoploss. So the Martingale does not get out of hand. Here's the concept: Right at the initial launch, the EA will create buy/sell order with minimal lots (0.01 or 0.05 depending on broker. But this doesn't matter cause people can do initial 10 lots if they want to). Immediately after placing these orders, it will place pending orders every 5 (or so) pips and doubling up. Each level is the take profit for the order in the same direction but double size. All orders have disster stop loss (User's choice). Here's the grid: ........... ------------------------- Disaster SLs (All Sell orders) Level ... ------------------------- Pending Sell ... Level 4 ------------------------- Pending Sell (0.16 / TP Level 3 / Disaster SLs) Level 3 ------------------------- Pending Sell (0.08 / TP Level 2 / Disaster SLs) Level 2 ------------------------- Pending Sell (0.04 / TP Level 1 / Disaster SLs) Level 1 ------------------------- Pending Sell (0.02 / TP Level 0 / Disaster SLs) Level 0 ------------------------- Buy (0.01 / TP Level 1 / SL Level -1) & Sell (0.01 / TP Level -1 / SL Level 1) Level -1 ------------------------- Pending Buy (0.02 / TP Level 0 / Disaster SLb) Level -2 ------------------------- Pending Buy (0.04 / TP Level-1 / Disaster SLb) Level -3 ------------------------- Pending Buy (0.08 / TP Level-2 / Disaster SLb) Level -4 ------------------------- Pending Buy (0.16 / TP Level-3 / Disaster SLb) Level ... ------------------------- Pending Buy ... ........... ------------------------- Disaster SLb (All Buy orders) If any take profit is hit, all positions are closed (Live and pending). It's up to the user to set this to auto to start again. However, I don't recommend this. It should bet of the user to see how the market is and then let the EA trade when all conditions are good. The thing I am counting on is a slow market (No news, not London or US sessions). This ea will might get killed if there is a big sudden move. In quiet time (I think), there is a very high chance that the price will retrace to the lower level which is 5 pips away to take profit. Please help me make this code better and also find the best time and best currency pair to put it on. I think we will do something really good for all of us. Link to EA: 4shared.com - online file sharing and storage - download Matrix_v1.mq4 Thanks a lot!

Again you do not know what your talking about and it shows. At least when I go into a forum of traders other than Forex I try to be a bit humble as I know they would know more than I since they trade it. But you sir know nothing about the Forex market, you get on the bang wagon with the old wise tales and BS about the Forex market. And anyone that is a real Forex trader can see it a mile away. Like i said unless you can be a little open in that mind of yours you should keep those comments to yourself . They simply do no good. There are many spot Forex brokers that are legit,regulated , that have excellent liquidity providers etc. Your money is safe. Now I will admit the industry is not well regulated and if your stupid enough to go with a broker that is a bucket shop you only have yourself to blame. There are plenty of honest good ones out there. The US sucks for trading it's a horrible country these days and just because it's regulated more you think it's a better place to trade? Anyhow nuff said you guys have your little stories, personally I think your just jealous of the Forex industry and pissed that you don't know how or not a good enough trader to make money at it. You do not see me or other Forex traders jumping on your trading do we? good luck with that randy

OMG you still do not get it. I give up have your little story it's ok.. Maybe sometime in the future when you think your able to listen to someone besides yourself you would do what I suggested. which is to get a broker with fast feeds no latency issues and do everything your saying is the problem and see..when all of a sudden all the things your complaining about have gone away.. Now what you may be trying to say here is the actual way you execute a order with the MT4 is slower than other platforms but this is not at all how you began this conversation sometime ago . You got on this thing that entry was so terribly slow and your simply wrong. Once you know the little tricks it's very fast so the only other part of this that could be causing you to say such a thing is latency issues,bad connection and data feeds. Your just not accustom to a MT4 platform you use it like a beginner and wonder why it's so slow when it's not at all it's the operator. I am not sure why but many traders have this idea that Forex trading is not real trading and therefore have to try to attack it in every possible way. The truth is if your good enough and smart enough to trade the Forex markets your return will be far greater than stock,futures etc. It's fairly easy in Forex if you know what your doing to take a $10,000 seed account and keep trading it as it compounds and become a millionaire in less than a year. It's not that hard to do if your good..you do not have this in other markets, just the 24/7 trading makes a world of difference. Forex market is always trading 7 days a week it never stops except on holidays. Your broker may close on Friday but not the trading.. But your story is harmless..enjoy your day randy randy

You make it sound almost like a handicap to use a EA. Reading what you wrote it does seem that you have little Forx experience. I would bet maybe futures are your thing. No disrespect but your talking about things that do not work in spot Forex. I know I said this before but it''s NOT the MT4 at all it's the connection but most of all it's the data feed from the broker. If for example you go and trade with a real ecn broker with raw feed you will see your entry in almost warp speed . I think what happened to you is you used other platforms like Trade station and saw that the entry was much cleaner and fast. However it only seem that way probably I would bet you did not take in account of the broker that you traded with. So you figure it must be the MT4 because trades station was so much faster when in truth it was the broker raw feed. I don''t lie and when I tell you that there is a big difference with brokers,data feeds etc you can take that to the bank. Any platform can only do as well as the data feed and connections. It's that simple. Go ahead and try a ecn broker with MT4 and see. Once you see that its much faster your platform theory goes out the window. Happy trading Randy

Lol people that do not trade Forex place comments like that.. To you who used the word SCUM you should be old enough to know that one size does not fit all and you do not paint with such a broad brush. I make money everyday probably more than most trades here trading futures and my Broker has always been good , honest, no stop hunting etc. It's not on the above list but should be the name Broco trading. randy

Ahh I see great thanks for letting me know.. randy

Thanks but where do you see this? Normally it's on my message window but it's not there? randy

Here you go it's fairly large because they do not allow attachments here.. Multi-purpose trade manager – instructions for use Your answer is in number 2 which I highlighted for you. This great EA probably has many options your not familiar with. I know it did for me. Enjoy Randy This ea supervises open trades and offers these facilities for: selected individual trades; groups of trades linked by a common magic number or comment; or all trades . Moves the stop loss at appropriate intervals – to breakeven, jumping stop, trailing stop. Offers the option to hide the stop from the broker; likewise the take profit. . Close all open trades when the upl reaches a set target; this can include pending orders. . Part-closure (50%) when the price reaches a set target. . Hedge-trade opening for trades that are going bad. . Equity protection: close all open trades when upl hits a specified level. By default, all options are set to 'false', so the ea will do nothing until you choose some options. I am a reasonable amateur software writer, play and teach a mean piano but am a rubbish writer, so sorry if any of this fails to make sense. The easiest way to get used to the ea's features is to set up a demo account and open simultaneous buy and sell trades for a dozen or so pairs, and leave them to cook for a few hours, so that some of the trades move into profit. After a few hours, load the ea onto a chart, make your selections and watch it work. I have tested this ea on Alpari UK's MT4 platform, so I know it works on this; I have no idea what it does when used on the platforms provided by other brokers, so do test it on demo first. I coloured the previous paragraph to draw attention to it. Here it is repeated for those who have difficulty with colour: I have tested this ea on Alpari UK's MT4 platform, so I know it works on this; I have no idea what it does when used on the platforms provided by other brokers, so do test it on demo first. The ea goes in the Experts folder or your MT4 folder. Put “Remove stop losses” in the Scripts folder. Use this whilst you are playing with the ea – drag the script onto your chart and it will cycle through the open orders and set all to sl's to 0. Here is what to do: Choose your 'management style' Here is where you tell the ea what to look for, by setting one or more of the following to true: 1) ManageByMagicNumber: tells the ea to manage trades with the same magic number. Using different magic numbers on different charts allows you to use the ea to manage trades placed by different trade-setting ea's and scripts. The default is my default, so change it to suit yourself. 2) ManageByTradeComment: tells the ea to manage trades with the same comment as the ea. 3) ManageByTickeNumber: tells the ea to manage a single trade, identified by the number in the 'Order' column of the trade terminal. 4) ManageThisPairOnly: tells the ea to manage all trades for the chart into which it is installed. You can also use it with one of the previous three to achieve accurate monitoring of an associated group of trades. Do not try to use it with more than one, or the ea will not function. 5) ManageAllTrades: take care with this setting. If enabled, it will monitor all open trades, overriding anything you enter in the previous settings. Only set it to 'true' if none of your open trades require individual care and attention. Choose your 'management facilities' By default, all options are set to false, so the ea will do nothing until you set one of them to true. Use these options in combination with those in 'management style' to get the ea to manage individual or group trades and move stop losses in the way you want. None of the default settings are recommendations. They are the numbers I am using in my own trading, or are ridiculous figures for safety when you first use the ea. Stop Loss Manipulation 1) Break even settings: set a break even stop loss after the price reaches the setting in BreakEvenPips. You can use this in conjunction with the Part-closure routine (details later), as well as a stand-alone routine. . BreakEven: set to true to enable this facility. . BreakEvenPips: the number of pips you want the market to move in your favour before setting the stop loss to the order entry price, ensuring the trade cannot turn into a loss. . BreakEvenProfit: will add this to the stop loss to a buy order, subtract it for a sell order. My default of 2 pips means the sl is set to break even + 2, ensuring a minimum of 2 pips profit. Set it to 0 if you do not want this feature. 2) Jumping stop loss settings: this will jump the stop loss by JumpingStopPips when the price moves in your favour by that number of pips. Many traders consider this to be a better option than a straight trailing stop. The first time this option is triggered by the market price, it will set the stop loss to break even. After that, it will increment the sl by JumpingStopPips every time the market moves sufficiently in your favour. This routine incorporates settings to part-close a percentage of the profits every time the sl jumps. . JumpingStop: set to true to enable this facility. . JumpingStopPips: the number of pips to jump. For example, my default of 300 works like this: • Market price hits order open price + 300: moves sl to break even. • Market price hits order open price + 600: moves sl to + 300. • Market price hits order open price + 900: moves sl to + 600. . AddBEP: adds BreakEvenPips to the break even if set to 'true'. . JumpAfterBreakevenOnly: use this in cooperation with BreakEvenSettings to manage longer-term or positional trades. If set to 'true', this will force JumpingStop to wait until the sl has been moved to breakeven before operating. . HideJumpingStop: this hides your 'real' jumping stop from the broker when set to true. . PipsAwayFromVisualJS: the number of pips away from the stop shown in the trade you want your real stop. For example, you want a real stop loss of 200 pips and an emergency trade stop of 400, so you set: • JumpingStopPips = 400. • PipsAwayFromVisualJS = 200. . ----part-close settings---. PartCloseEnabled: set this to 'true' to enable the routine. . Close_Lots: this is the amount of the trade you wish to close at each jump. . Preserve_Lots: this is the amount you want to leave 'on the table'. The ea will only close down the amount of the trade you specify in Close_Lots if there is more than this setting left to close. For example, suppose you have a 1 lot trade. You want: . The jumping stop to move the sl every 20 pips profit. . Lock in 2 pips profit at the first jump. . 0.2 lots of the trade closed at each jump. . 0.4 lots of the trade left on the table to follow the move until tp or a retrace hits your stop. These would be your settings: . JumpingStop: true . JumpingStopPips: 20 . AddBEP: true (and set AddBEP to 2 a little higher up) . JumpAfterBreakevenOnly: false . PartCloseEnabled: true . Close_Lots: 0.2 . Preserve_Lots: 0.4 3) Trailing stop loss settings: works like the conventional trailing stop you can enter into the MT4 platform. Set TrailingStop to 'true' to use this facility, then enter the trail distance into TrailingStopPips. . TrailAfterBreakevenOnly: set this to 'true' to tell to EA to start trailing only after breakeven. Use this in conjunction with BreakEven. . HideTrailingStop: this hides your 'real' trailing stop from the broker when set to true. . PipsAwayFromVisualTS: the number of pips away from the stop shown in the trade you want your real stop. For example, you want a real stop loss of 200 pips and an emergency trade stop of 400, so you set: • TrailingStopPips = 400. • PipsAwayFromVisualTS = 200. 4) Instant trailing stop loss settings: this will start moving the stop loss as soon as the market moves in your favour. It will set a sl at InstantTrailingStopPips if there is not one already in place, otherwise it will act on the existing sl. I cannot imagine a use for this, and wrote it only to satisfy myself that I can. . InstantTrailingStop: set this to 'true' to use this feature. . InstantTrailingStopPips: the number of pips to trail. . StopInstantTrailAfterBreakEven: set to 'true' to disable this feature as soon as the trade has achieved breakeven. 5) Hidden Stop Loss: this allows you to hide your stop loss from the broker. You send an emergency stop loss with the trade, say at twice the stop you actually want; you do this in case your platform and your broker serve lose contact just at the time the market moves massively against you. Then you tell mptm what your 'real' stop is. This setting works only on the stop you send with the trade and is not affected by hidden stops in other functions such as Jumping Stop; these have their own 'hide' settings. . HideStopLossEnabled: set this to 'true' to turn on this feature. . HiddenStopLossPips: the number of pips you want for your actual stop. 6) Tightening Stop Loss: if set to true, this feature increases the jumping\trailing stop pips when the market reaches 50% and 80% of your take profit. Please note, there is no 'idiot proofing' in the code, so daft entries will render this feature useless. . UseTigheningStop: set to true to use this feature. . TrailAt50Percent: the pips to trail when the market gets to within 50% of your profit target. . TrailAt80Percent: the pips to trail when the market gets to within 80% of your profit target. 7) Add a missing Stop Loss: these settings allow you to enter manual trades without having to calculate the stop loss for yourself. This is a bit of a blunt instrument and the SL's entered are not totally correct. Better than nothing, though, and you can do the fine-tuning for yourself. . AddMissingStopLoss: set this to 'true' to use this function. . MissingStopLossPips: the Stop Loss in pips. 8) Add a missing Take Profit: these settings allow you to enter manual trades without having to calculate the take profit for yourself. This is a bit of a blunt instrument and the TP's entered are not totally correct. Better than nothing, though, and you can do the fine-tuning for yourself. . AddMissingTakeProfit: set this to 'true' to use this function. . MissingTakeProfitPips: the Take Profit in pips. 9) Hidden Take Profit: this allows you to hide your take profit from the broker. You send a distant take profit with the trade, say at twice the tp you actually want; you do this in case your platform and your broker serve lose contact just at the time the market moves massively in your favour. Then you tell mptm what your 'real' tp is. . HideTakeProfitEnabled: set this to 'true' to turn on this feature. . HiddenTakeProfitPips: the number of pips you want for your actual stop. Basket trade management This is used to help manage a basket of trades, for traders using systems such as those described at FF by ES and trader101. Remember to set either ManageByMagicNumber or ManageByTradeComment to 'true'; also set ManageThisPairOnly and ManageAllTrades to 'false'. Remember to place the ea on a volatile chart – mine goes on gbpjpy. 1. ManageBasketTrades: set this to 'true' to manage a basket of trades. Setting this to 'false' turns off all the features in this section. 2. Basket take profit settings . BasketClosureTP: set this to true to tell the ea to set a whole-basket take profit. . BasketTPinDollars: set to 'true' to TP at your chosen dollars' profit. . BasketDollarTP=100000; . BasketTPasPercent: set to 'true' to TP at your chosen percentage of the account balance. . BasketTpPercentage=1; . AutoCalcBasketTPasPercent: when set to 'true', the ea calculates the basket tp based on your percentages in: . FourToSevenTradesPercent: basket of up to 7 trades. . EightToTwelveTradesPercent: basket of 8 to 12 trades. . ThirteenPlusTradesPercent: 13+ trades. 3. Basket stop loss settings: works in the same way at the take profit settings. Just remember that this is not a 'hard' sl. It is stored in a variable that will be lost to the basket if the ea becomes disconnected from the trades for any reason. 4. Basket jumping stop settings: these settings allow you to operate a jumping stop loss on the entire basket of trades. Again, this is not a 'hard' sl. . BasketJumpingStop: set this to 'true' to enable this feature. . BasketJumpingStopProfit: the Dollar amount at which you want the jump to start. For example, you want a jumping stop at every $1 of profit: • Profit = $1 sets jumping stop to $0. • Profit = $2 sets jumping stop to $1. • Profit = $3 sets jumping stop to $2. . BasketAddBEP: Set this to 'true' to lock in the profit you set in BasketBreakEvenProfit. . BasketBreakEvenProfit: profit, in Dollars, that you want to lock in when the ea sets the jumping stop at breakeven. . DisableBasketJumpStopAfterBE: set this to 'true' to disable the jumping stop once break even has been set. This is how you can use the jumping stop routine simply as a break even function. 5. Basket trailing stop settings: works just like any trailing stop, but on the whole basket of trades. . BasketTrailingStop: set this to 'true' to set up a trailing stop. . BasketTsAtProfit: set this to the profit in dollars at which you want the ea to start trailing. For example, you want to start trailing at $10 profit, so you would enter 10 in this box. . BasketTrailPercent: this is the percentage of the profit that you want to lock in. The default is 75%; this would lock in $7.50 of the example in the previous paragraph. 5. Immediate closure of all basket trades: use this with great care. . BasketCloseImmediately: set this to true to close all trades straight away. You will get a message box asking for confirmation. Remember to turn this option off as soon as the trades are deleted. Forgetting will do no harm, but the repeated confirmation requests will drive you nuts. 6. Trade expiry settings: this is intended for use with ES 4h relative strength basket trading. Note that the ea takes no notice of the upl; if you tell it to close trades after a set period of time, that is what it will do, so the position is likely to close at a loss. . TradesWillExpire: set this to 'true' to tell the ea to close the basket of trades after the period in TradesWillExpireMins. . TradesWillExpireMins: the period of time, in minutes, the ea will allow to pass before closing the basket – default is 210 minutes, as three and a half hours seems like a suitable time but experiment for yourself. Global order closure settings This offers the facility to close all open positions when the trading profit reaches your target. By default, the settings are all either false or ridiculous profit targets for safety. The settings are: 1) GlobalOrderClosureEnabled: set this to 'true' to enable this feature, 'false' to disable. 2) IncludePendingOrdersInClosure: will close pending orders if 'true' but will ignore them if 'false'. 3) ProfitInDollars: set this to 'true' if you want the ea to close all orders at a set USD profit, then set DollarProfit to the figure you want. The default of 100,000 is for safety. 4) ProfitAsPercentageOfBalance: set this to 'true' if you want the ea to close all orders when your trading profit reaches your chosen percentage of the account balance, then set PercentageProfit to the percentage you want. The default of 10,000 is for safety. Hedge Trade Settings The idea behind this is to allow you to 'hedge' a losing trade by opening an opposite- direction trade, instead of using a conventional stop loss. You set the robot to send hedge trades with a take profit, of your chosen percentage lot size of the original, at your chosen pips steps. For example, the original trade is 1 lot. My hedge trade might be 50% of that, to kick in at -50(0) pips (HedgeAtLossPips), with a tp of 30(0) pips, to be sent every -10(0) pips (HedgingIncrementPips). This part-hedge is designed to allow some easing of drawdown when a trade goes bad, whilst still allowing it breathing space from time to time, in the hope that it will eventually turn around and head back towards profitability. When a hedge trade is triggered, the EA removes the stop loss and take profit from the original trade. If the hedge subsequently hits its tp, then the robot moves the tp of the original trade to breakeven. If the market then resumes in favour of the trade and it eventually hits this BE tp, then the overall profit is that of the hedge trade. 1) HedgeEnabled: set this to 'true' if you want to use this feature. This has to be a value greater than 0, or this routine will not work. 2) HedgeAtLossPips: this is number of pips you want the first trade to fall before the ea opens a hedge. 3) HedgeLotsPercent: the percentage of the original trade size that you want to hedge. The default is 50%. 4) HedgingIncrementPips: the step in pips that you want hedging to follow. This setting tells the ea to prepare a second hedge trade this number of pips away from the opening price of the first one. The first hedge can hit its tp and the original trade can have some 'breathing space' in the hope that it will eventually return to profit. 5) HedgeTradeStopLoss: stop loss for the hedge trade. Set this to 0 for no sl. 6) HedgeTradeTakeProfit: take profit for the hedge trade. 7) CloseAtBreakEven: if set to 'true', this tells the robot to close both the original trade and an open hedge if the combined upl reaches breakeven. The EA makes a basic attempt to avoid hedging when the market is merely retracing against your trade, rather than the trend changing. I might be able to improve on this in the future, so leave the "Trend filter choices" defaults in place for now. Note: I am not recommending this as a trading strategy, just making the feature available because I am experimenting with the strategy. Take a few seconds to imagine the complications that can arise before using it; even better, demo trade it for a while and find them for yourself. The position could quickly become quite complicated. Shirt Protection Settings "Losing your shirt" is a slang expression to describe losing everything - money, home etc. Here, it applies to a margin call. 1) ShirtProtectionEnabled: set this to 'true' if you wish to enable this feature. 2) MaxLoss: set this to the dollars loss at which you want the ea to close all open trades (it will leave pending orders in place). For example, imagine you have an account with a balance of $1,000. You can stand up to 80% upl but no more. You would set MaxLoss to -800. MaxLoss must be a negative number. Really important point: This routine should be irrelevant to you. If you think you might need it, they your trades are over-leveraged and ridiculously risky. Re-examine your trading techniques.

I can get almost any material ..On Wyckoff These are available for downloading. The Day Trader's Bible - Or.. My Secrets of Day Trading in Stocks Hank Pruden - The Wyckoff Method - Analyzing Price and Volume Movement Using Mass Psychology. Wyckoff by the Action-Sequence Method: An Effective Way to Teach and Learn Technical Market Analysis Randy

Thanks it''s a real shame that this forum does not allow attachments. They really limit you here. FF is so much better. randy

I do scalping and I make a profit. However I use something that really helps me a lot. when I was scalping and having to manage every trade you know enter, place stops,trailing stops, take profits etc that takes time. Now days all I need to do is enter the trade and my multipurpose trade manager takes care of everything else faster than snapping your fingers. since I use this trade manager I stayed in profit. It's highly programmable. You can even have it jump a stop loss if need be. If your scalping without something like this then your really foolish to continue on doing all of it yourself cuz your at a big disadvantage like I was.

Interesting thread I forgot I was a member here but was reminded today by receiving a email from here giving me the MAX trading system pitch. Does it work well not any better than a lot of free manual systems and you don't need to pay $2000! Okay back to this thread. I have been trading for just over a year now. It's my income and I trade full time the Forex market spot retail. I trad for a long time going from one manual system to another one of the reasons I took the above mentioned course. However I was not successful. I never lost much because I had good mm right from the start but I never made much either. then I got into automated trading and found the place I belong. I spent a good deal of time playing around with every kind of EA I could find. What I ended up with was if I wanted a EA that would continue to make me good profits I would have to write one and I did. Long story short since November last year I have made a solid 20% per month. It may not seem much but you do the compounding on a $10,000 seed and you will soon see it's a lot of money. I take half of the balance out which goes into my other $10,000 seeded account that I never touch it's just there if a terrorist blows up the white house of something and my account blows. Happy trading Randy

I wrote you a long message and then a light went off and now I understand what you mean. Yes I will admit the actual order entry can be a problem for some. It simply does bother me because when I enter a trade I am not a scalper and I looking to get more than 10 pips from the trade. This is why I place the entry order on deviation 2 or 3 pips and it gets done instantly. However if you find a platform with a broker that gives you what you entered as all the time in the Forex market it's a lie they will take that back from somewhere else. thinks a about it for a sec it does not take a lot of brain power to see how fast the Forex market can move. It can move 10,20,50 pips in a millisecond. If the brokers always had to give you what you entered as they would not be in business too long not because they are bookies but because of how fast the market moves.. Happy Trading Randy

Thank you for this I agree with most of it. However you sound a bit like big brother when your talking about MT4 which is also a trading platform and the most popular one today would actually giver the IRS your trading information from a overseas broker. This is simply incorrect the broker has no obligation to give such info or ant info to the IRS. I believe your also incorrect by saying Tradestation because in effect your saying a platform for trading actually has a brain and can be asked to do this. It's just a vehicle for trading purposes? I do agree with you that you need a trust I do agree that this has to be set up prior to any trouble in the UA Lastly rule number 5 is simply illegal. The reason why lawyers do not know this part is if they get caught doing a transfer as such they will go to jail. You cannot transfer assets once the IRS has you. This is why it's so important not to have anything registered in your own name. The trust should not have you name on it. The bank account you use should not have your name on it. You should have 2 separate trusts with the money going into the first trust and then transferring into the second trust. I do not have the time here but it's in the tax code if set up properly money that has been through 2 trusts when it comes out is NOT taxable. Happy trading Randy