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Showing posts from June, 2018

Is mql5 expert advisors scams? Are Expert Advisors scams sold in market place?

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https://www.mql5.com/en/forum/34067 It is a bunch of same EA sellers in combination with buyers' complaints.... what we see on every other site. Should they not be 'guarding' their website from such sales. Can't they make it mandatory to have a  LIVE FORWARD ACCOUNT , plus a  SIGNAL , for every EA seller as long as the product stays in the market? Discussions on products sold and signals are banned  and not allowed on mql5 site. https://www.mql5.com/en/forum/172166 IS  FOREX IS A SCAM? - WHY TRADERS LOSE MILLIONS TRADING FOREX AND USING WEALTH GENERATORS MQL5.COM    IS  FOREX IS A SCAM?   95% of traders lose money THEY END UP AS TEACHERS  on forums 95 % of traders lose; a Google search below confirms this. Just do a search on Google with  95% of traders lose psychology , 95 % of traders lose money .They end up on forums as teachers to new traders   , 95% losers  hang around trading forums, and forums are infested with

mql5.com blind leading the blind dishonesty stinking fxcm banned

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How much misinformation is posted in the internet ,books,analysis, quack forums, seminars etc etc etc?Just imagine 20,000 trading books, there is only one road from A to B ,yet traders are bombarded with 20,000 maps, one indicator does the job yet there are over 5,000 indicators on mql4.com site.If a driver had 5,000 indicators, he would not not which direction to take, in his very simple journey. TRADING FORUMS ARE ESSENTIALLY THE BLIND LEADING THE BLIND It feels like internet forums (such as trade2win and others) are full of people who take trading seriously, they come across as knowledgeable and like they know what they're talking about. But in reality, they don't have much of a clue and don't make any money in the markets. The problem with forums is that "consensus opinions" are built up among the community (eg. X book is good, Y strategy is correct) and anyone who deviates away from such opinions are labelled as trolls. So this creates an echo chamber of

Why do 99% of eas or most trading robots (EAS) fail on mql5.com site ?

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An  Expert Advisor , also known as an EA or automated FX trading software, is in fact a mechanical trading system written in MQL4 programming language which has been developed to automate trading activities on the MT4 platform. Why do most trading robots fail? Most eas are sold, not used by he developer.They fail because, they may not be scam, or if these eas on mql5 site are scams, it has to be proven, they fail  because they are made for trading in the past data. Many people optimise EAs so that they get the best results using past data. This is shooting an arrow into a wall and then drawing the target around the arrow. This can't be done in real time, so they fail in the future. To understand this take a look at youtube videos on factory robots,  robots in mercedes factory, robots  in bmw factory.Do a google search  as follows, click  and observe how many robots are used to make a car, then apply logic to market conditions for trading.There are twenty differen

EA-trader developer of profitable expert advisors for real accounts

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EA-trader Regular Contributor Posts: 302 Registered:  ‎31-03-2018 Profitable eas expert advisors for automated trading/automated spread betting.These are being used at I G Index. https://community.ig.com/t5/General-Trading-Strategy/Profitable-eas-expert-advisors-for-automated-trading-automated/td-p/27111 EA trader is a developer of safe and profitable expert advisors for fully automated trading. EA trader made his first EAS about 15 years ago.He has now developed many profitable expert advisors, including the  ATM EA. https://community.ig.com/t5/General-Trading-Strategy/Where-can-I-buy-ATM-EA-making-80-a-week/m-p/24257#M1627 What are Expert Advisors? Expert Advisors (EAs) are programs that run on the MetaTrader platform, used to monitor and trade financial markets using algorithms: finding opportunities according to set parameters, then either notifying you or opening a position automatically. And once your position is open,

nvp correlation expert advisor $99 on trade2win using stochastics price action indicator

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Expert advisors can be coded for $99  at mql5 to be sold on trade2win https://www.mql5.com/en/job tradenet trading system Meir Barak is not a forum scammer or a forum education scam artist. http://reviews-trading-educator-mentor.blogspot.com/2017/10/reviewsmr-charts.html Stochastics price action indicator THE PROFESSIONAL'S INDICATOR I am going to show this indicator, the stochastics, it is freely available on all IG platforms.The stochastics indicator is also a price action indicator.It is compared to the price indicator, posted in the chart below. Stochastic is used by professionals and bank traders.They use it on daily and 4 hour charts.There are less false signals on 28/6/10 settings Please take this free knowledge and wisdom from the thread, to improve your trading.Ignore the charlatan  non constructive nonsense posted in this thread. The technical analysis is already available on the free charts provided by IG.The stochastics indicator is alr

James 16 group expert advisor for price action trading

http://profitable-expertadvisors.blogspot.com/2018/06/expert-advisors-to-test-intraday-forex.html James 16 free education on price action candles can be made into a Expert advisor by having an ea  coded at mql5 site EA will open trades at hourly bar close hourly bar :10:00 //candle signal hourly bar = close of 10:00 bar.............see alternate signals for ea design stop loss 200 take profit 100 input string CloseTime="20:00";//trade closed everyday at 20:00, if  time is 00:00  trade will close on friday at 19:00 extern int StopLoss=100; extern int TakeProfit=100; input string StartTime1="10:00"; if start time is 00:00 it will test all hourly candles input tipp TypeOfTrade=Buy;//tests buy .........................if sell it will test sells candle time frame : H1/M30 /H4/DAILY //  H0  WILL TEST COMBINATION OF CANDLES alternate candle formations will be changed in ea :there are hundreds of other formations I  use,i have them ready in followi