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it looks like this EA is only designed for GBPUSD. Use TF M30 with MA 14 or use TF 4H with MA 20. Can be run 24 hours a day and can be used in any news headlines. but history does not show trading losses so I am very happy to see this. I'd rather have a lower profit than see a loss too.
Nothing can secure your investment in forex than risk and money management. If you use expert advisors and are very disadvantaged in terms of money management, you might end up deleting your trading account. and if you trade with a Manual or automated trading system, all you need to do is on your top list when you trade is Risk and Money Management, number two is the trading system.
In my view, scalping is not for new traders, they even use robots. For scalping, a trader needs very advanced technical skills and also awareness of the nature of the market and the time when scalping becomes possible, so don't try it early in your trading career, you can consider this after one year of trading. and what you need is a Good system that gives you perfect entry and exit using a 15 minute time frame. Before you can work using EA for the trading system
looking for trading robots can indeed be done through trade forums that always provide convenience to traders with the aim that when we look for robots we can get a multifunctional robot because only by relying on robot performance means we will get double the profit. and I just want to share the results of my Forward Test on a demo account; it seems TOP GUN EA (but with a slight twist) with running 24/5 since October 8; 2013 can give good results too; Please see the detailed statement below:
Please see the Lucky factor; the minimum standard for a Profit Factor of 1.5 is good but TOP GUN EA has a high Profit Factor (4.12); the second is that the drawdone is only 1.51%.
if you want to try the test again, open the metatrader, click view, click strategy testers and then a window will appear at the bottom,
You can choose EA, time period, date to test, and property to edit EA.
I suggest you try it on a demo account first, after you are sure you can try it on a real account.
To add an EA to a trade, you click on the navigator button, so a window on the left will appear, select an expert advisor, it will be like a folder and your EA appears, drag the EA to the 1 hour gbp / USD chart time period in Tokyo open so the time will to 00:00. it will make a trade in 1-2 hours, but if not, it will not make a trade. it only makes trade when EA is sure about trading. After dragging and removing the expert advisor, click the EA button, so from red to green. There will be a smiling face on the right smile like
I use expert advisors or forex robots because I have emotional problems during trading. I usually suffer from greed problems during trading which makes me suffer from margin calls. so I tried using a forex robot to control my transactions and I think forex robots are not profitable so I don't use forex robots, in my opinion manual trading is the best
maximum people use robot in forex trading. but i am against it. main to manual trading ko he like kerta hon. main Robot strategy say satisfied nhe hon. apny apna experience shear ky hai may bi yah app ko useful lagta ho but main asy use nhe kerta.