New bot i am working on

[linux_usr]

i know what your all thinking. the market can invert. range , trend etc and my results will change over a period of time but be running bot nets for a few years and this looks special



changed m1 to custom levels and getting some good returns. The above results are from gold m1. Position 1 lot
Look at how it can buy and sell. The times are out of sync UK time by 2 hours. magic 1 is M1, 5 M5.
I will keep this updated if things still looking good later tonight . a full day trading gold on m1. fully automated

 

[linux_usr]

it uses its own SL TP but i have also have a HARD SL of 75 points. Now reduced to 50
look how it came back from the 1400 loss. which was the HARD SL. reduced now to 50 points. just getting the risk management soughted

Post automatically merged: Nov 14, 2024

 

[Mikexilo]

Whats the ea you are using?

 

[linux_usr]

The one Im getting ready to sell on mql market place but i cant get a code to sell stuff on there but i think i found out why. i need a bolt on to receive international texts on 02 and gif gaff. already bought new chip still did not work but once i add a bolt on should work. gonna sell the bot as a EA and as a strategy. Envid gonna send you some cash if i get any sales. Ill show you my account once the signals are up and running

 

[linux_usr]

running your bot

Mikexilo​

on the m1 see what happens but generally there better stuff than using the stochastic algorithm. remember what i said its all about risk management . get to know the ATR its invaluable to scalp, swing. takes care of all risk management . SL and TP as you can multipy for TP or just run rr 1:1 or even run SL at 0.75 ATR value. remember to add spread to the that, especially if scalping or trading bitcoin

 

[Mikexilo]

running your bot

Mikexilo​

on the m1 see what happens but generally there better stuff than using the stochastic algorithm. remember what i said its all about risk management . get to know the ATR its invaluable to scalp, swing. takes care of all risk management . SL and TP as you can multipy for TP or just run rr 1:1 or even run SL at 0.75 ATR value. remember to add spread to the that, especially if scalping or trading bitcoin

How were your results?

 

[linux_usr]

use time frames as ATR. so set ATR to 1 but chose a timeframe for it. maybe h4 ATr for h1 trends. 1:2 etc are harder for TP. 1:1 works well but need good strike rate but its lot easier to get a winner/ wait for impulse moves and ride the tiger with m1 atr 1:1 RR if scalping. "I think ive said enough" hehe

Post automatically merged: Nov 15, 2024

your bot hasnt enter a trade yet on m1. been running a good half hour to 1

 

[linux_usr]

if intraday or swing always always use TP it helps you to ride the trend and deal with the psychology better. trust me it works but demo it for 1000's of hours use prop firms to add psychology to your trading. this is how you will one day become profitable. even if you demo and do prop challenges for some years it will mold you. demo for experiance and prop for adding psychology experiance

 

[linux_usr]

reason psychology is hard in trading is because .... the market accumulate, consolidates (manipulation) stop loss hunts then distribute. distribution you will see as waves. impulse wave. use bots for entry as it helps your psychology. machine code (the market) reeks havoc on your psychology. so try machine code (the market) against machine code (bots) with good risk managemnt . and ATR is the very best

 

[linux_usr]

but scalping manually using conflunces for bias direction with rr
1:1 enter during the impulse move . can be golden zone fib, lower border equidistant or what ever is very powerful

Post automatically merged: Nov 15, 2024

scalping all you need is gold. forget the forex its lame and if you insist on it. you have already failed

 

[linux_usr]

if you stick to these rules trading gold at position size 3 lots. all you need is a few wins a day out of numerous impulse moves on m1. lot easier than you realise. then building the account will be bit hard but you will get there if you follow these rules. don't over leverage

Post automatically merged: Nov 15, 2024

so if at 3 lots. DO NOT MOVE YOUR STOP LOSS NO MATTER WHAT. EXCEPT THE LOSS. WINNING TRADES ARE NOT FAR OFF.