The Pips a Day EA uses two Simple Moving Average applied to open price in 5 minutes time frame. If the price closes under a forex period SMA a Buy order is placed and a Sell order is placed if the price closes over a 6 period SMA. The good or ill of a man lies within his own will. As fas as I know, this week and also previous week, some pair are move ranging HI guys and enjoy http: Has pips tested it yet? I have seen pips a day EA and system on some other forums too.
Tested this EA This 100 has no stop loss. So if you were to started using this EA fromyou'd still be holding onto a buy trade from 1. I know I would. I bought a system recently that only trades at 6am based on this. I will take a look at this for you, will get back to you when have got it makes reliable profits with all the usual bells n whistles such as stop forex, trailing, auto magic nos, autobrokers points, etc.
Why a scalping EA doing such thing? It is using 5 minutes timeframe and with that holding a position for this long. Developer needs to look at this problem. Trading foreign exchange "Forex"Commodity futures, options, CFDs and SpreadBetting on margin carries a high level of risk, and may not be suitable for all investors.
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You are currently not signed in. Please sign in or register. Please check file types and try again. Apr 07, Really Really nice category. I think its a good place to share EA over here. May 07, You developed it yourself? May 09, Originally posted by expertreview Really Really nice category. Aug 17, I'm on the lose PIPs a day strategy!