User
Write something
What video's would you like to see?
What video's would you like me to put together for you? Understanding drawdown? How virtual stop loss works? Risk vs reward? The difference between manual trading and automatic trading? Breakeven and travelling stop loss settings? Something else? Let me know what would help your understanding of the EA.
Magic Box EA
Here's a look at the profits over the last 7 days using the Magic Box EA.
Magic Box EA
Decided to pause it for now
After a few weeks of changing settings to try to suit the day my decision to stop using the auto trader was a difficult one. Account has trending down the whole way lost about $900 from $2300 account. By no means a catastrophic loss but only heading in one direction. Me personally I don’t see how it produces profit unless you use the virtual stop loss. If anyone else is having positive results except for Glenn it would be great to hear from you.
New Trailing option being tested
I'm currently testing a new trailing option. The previous candle's wick. It's well suited to Gold M1 specifically. The previous candle's wick represents a genuine price rejection point, making it a more meaningful SL location than an arbitrary R-distance. The practical advantages over R-based trailing: - Adapts to volatility automatically. On a volatile candle the wick trail gives more room, on a quiet candle it tightens naturally - Structurally meaningful. SL sits behind a real price rejection rather than a fixed distance - Can trail much tighter on strong moves. If candles are small with small wicks, the trail tightens faster than 0.2R would All other components can still work with it. So for example you use Immediate Trailing Stop loss to lessen risk, it hands off to breakeven Stop loss (using your defined inputs), and then let the wick trailing take over as it moves further into profit.
1
0
New Trailing option being tested
1-30 of 41
powered by
Gold Trading Bots
skool.com/gold-trading-bots-2132
Automated Gold trading on MT5. Lock in profit while you sleep. Risk management. Latest results: $2500 to $100,000! Live trading results shown daily.
Build your own community
Bring people together around your passion and get paid.
Powered by