In late Expert4x had a 2-month Forex Trading Competition which ended on the 23 rd of January After the course was launched and the trading process published we found that most of the trading decisions and position sizing could be adapted for automation. The Make Money EA was created with all the forex decision making built in. What is more is that more risk management tools were added to filter out risky trades and reduce risk. Targets and making were also made more flexible. Bearing in mind that this is a newly created EA the best way of evaluating it is by back trading it to see it's potential. These back traded results do not represent the kind of results that will be easily achieved and are given robot as a guide as to the potential of the EA. Results of an average over 4 pips a month are however exceptional. The results show that this EA has good potential as a longer term trading EA using the 4 hour charts or even a scalping EA using 15 minute charts. The optimised settings that have produced the results above are available to purchasers of the EA. Forex is also an abbreviated training course that will show you how to back trade the EA on a continuous basis to update and create your own optimised settings. After using the EA some of our clients started experimenting with the 5 minute time frame. The results were astounding. This shows that this EA is actually better as a scalping EA. Making view these results and settings in the setting link below. Watch this video to see recent live trading results using the settings available to club members. Please refer to the input section below to see how the items below are catered for in the EA. Many Forex traders buy an off-the-shelf Expert Advisor and automatically assume that it will work for their Broker, their type of broker account, any currency, any time-frame etc. Anybody who has purchased an Expert Advisor will tell you that they never experience the same results as advertised. Makes sense doesn't it. It is pointless using the settings from some unknown brokers demo account on your own live account. This is one of the first Expert Advisors that has a manual calibration process which will forex sure that you have the best chance of success trading the EA on your personal broker account. So BEFORE you start trading, you MUST calibrate forex EA to your Making account to ensure you have the optimal chances of success. It is an easy process which will take 10 to 20 minutes. What forex process does is that it turns the EA into a true SET and FORGET EA where the EA makes all the Entry and Making decisions. You only have to check the calibration every now and then. There is ongoing professional technical support available from EAFactory who are responsible for the technical aspects and support of this EA. There is a Make Money Forum created in the Expert4x Forum to money traders who need trading assistance and would like to share their experiences with other traders. The Make Money EA has a revolutionary new, on screen, help facility whereby you can find a possible answer to your exact problem as it happens. Although training is given, clients often find the calibration and optimisation process to making sure the EA performs optimally on their personal broker account a robot. We have created a service whereby we will do this for you. We do this by logging into your computer using Teamviewer and doing the activities directly on your computer which chatting to you on Skype. See below for more details. Each purchase comes with 2 licences for use on any 2 computers of your choice. You can use the Robot as often as you like on those 2 computers. More licences are available on request. The Make Money EA was designed by Expert4x together with the Winner of the GTM trading competition. The Make Money EA is unique and uses entering on the close of candles in a trend to create the multiplier effect whereas the Grid Trend Multiplier uses a grid approach. It is not an upgrade of the GTM and does not resemble the GTM. The GTM is a trading tool for more experienced traders where the trader determines entries whereas the Make Money EA is a set and forget EA that makes trading decisions for the trader. Stops and targets are more flexible with the Make Money Money. The winners success was not only based on the GTM EA. His success was actually based on increased lots sizing in trends and filtering times to be in the market or not. Stops and targets are determined in other ways by the Make Money EA. The new EA has many more features for continuous trading built in. This EA actually determines the entry and exit points for the trader on a continuous set and forget basis. It will stop opening deals if market conditions are not good. Yes, you are right. This EA however only opens trades in trending markets. All Money Averages have to point in the same direction and the ADX indicator must money at trending levels. These filters are essential to the success of this great EA. We do NOT provide set files for many reasons. We do however provide the settings use for the back traded results which traders can copy and create their own money files. These settings worked well in the past and as always nobody can guarantee that they will work into the future. The default setting are not usable as they do not take the timeframe and currencies the trader might use into account. You do however need to CALIBRATE setting provided to your own broker and broker account anyway. That is the best way of aligning your broker account with the EA. Yes it does use the multiplier concept. It opens deals in the direction of the trend at the close of each candle rather than at each grid level. Many traders find that a better approach as targets and stops can be set to improve gains rather than cashing in at each grid level which some find limiting. Most Robot brokers have found ways around hedging and FIFO rules. So there is a slight risk that the EA will forex work with your specific broker. That is why the calibration process is so important. This is a rough but good guide. Money study the tested setting results to get an idea of how the tested account sizes used relate to the account and approach you intend using. Automated MT4 Indicators Double in a day EA Grid Trend Multiplier EA MT4 Forex Weekend EA Money Making Forex Tools. Recent Comments from our Forum: How the Make Money EA was created In late Expert4x had a 2-month Forex Trading Competition making ended on the 23 rd of January So What is this EA capable of: Results of an average over 4 pips a month are however exceptional The results show that this EA has good potential as a longer term trading EA using the 4 hour charts or even a scalping EA using 15 minute charts. Testing showed that over 10, pips are possible per robot. Click here to see the settings and other details of the above back traded results: So what does this EA do for you Please refer to the input section below to see how the items below are catered for in the EA The EA will enter a deal in the direction of the trend at the close of every candle at the price of the closed candle. The trend is determined by 2 moving Averages a slow one and a fast one. Both moving averages must be pointing in the same direction for a valid trend to be in place. You can change the setting for these MAs You can limit the number making open deals you what to allow. Every money can be given a target and a stop. Reaching the target or being stopped out is one way transactions are closed. When the trend changes from for robot a Buy to a Sell you can decide if you want to keep open transactions open or to close them all. That is another way transactions are closed. You can use the ADX indication to filter out transaction that occur in sideways robot. The ADX measure the volatility and trendiness of a currency. You can determine the time of day you want to allow the EA to open deals You can determine the Day of the Week you want the EA to open deals. You can even change the direction of the trades so that the EA will trade in the opposite direction. Support There is ongoing professional technical support available from EAFactory who are responsible for the technical aspects and support of this EA. Purchase the Make Money EA here Each purchase comes with 2 licences for use on any 2 computers of your choice. What is the relationship between the Grid Trend Multiplier EA and the Make Money EA The Make Money EA was designed by Expert4x together with the Winner of the GTM trading competition. If the Winner used the GTM EA, why the new Make Money EA? Forex experience that EAs can't adapt to changing market conditions. Am I wrong with this? Are Set files provided for the settings to be used? Does the Make Money EA use the multiplier concept? How well does this EA work with hedging and FIFO rules Most US brokers have found ways around hedging and FIFO rules. What approximate account and position sizing will be required?
Tips on how to Make Money With Foreign exchange Trading Made Easy
Tips on how to Make Money With Foreign exchange Trading Made Easy
That is, give your energy this summer just to Part II, which consists of, say, Chapters 8 through 11.
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