The 100 Pips a Day EA uses two Simple Moving Average applied to open price in 5 minutes time frame. If the price closes under a 7 period SMA a Buy order is placed and a Sell order is placed if the price closes over a 6 period SMA.
Printable View
The 100 Pips a Day EA uses two Simple Moving Average applied to open price in 5 minutes time frame. If the price closes under a 7 period SMA a Buy order is placed and a Sell order is placed if the price closes over a 6 period SMA.
in many time you can not make 100pip per day from one order that happen if the day inculde important news so if you want make 100pip or more pip must be follow the fundemantal analsys and economic clander but you can not get 100 pip from indectores per day
well i think its not easy to get 100 pips per day ... i know that its not impossible but it is difficult .. so far i haven't done it .. i have just almost earn 50 pips so far ... but i really would like to know that who can earn 100 pips per day .. is there any person who can do it ?
For how long time did you tested it? I haven't got any backtest data about this strategy. It is very interesting, that you use 2 different SMA for the sell and buy positions. How long did you us it?
---------- Post added at 11:32 PM ---------- Previous post was at 11:30 PM ----------
I also can earn 100 pip a day, but not every day. There is only 2-3 weeks in every 2-4 months when it is easy to reach day by day.Quote:
Originally Posted by forex_lover
Sometimes its depend on our capital to hold the margin, if 100 pip normally your stop loss will be around 50 pip, if scalping i am target almost 30 pip per day , else i set entry + 1 pip. To get 100 pip per day , not possible , but it was depend on market it self.Quote:
Originally Posted by hemaa
Really? A SMA 6 & 7 crossover on 5m time frame produce a helluva lot of crossovers. None reached 100 pips in between. Do you homework, pal.Quote:
Originally Posted by khaladaktr
if i am able to make 100pips daily then i leave my job and will doing my forex trading.
In my view making 100pips daily is really big task that can not be achived by new trader like me. if we want it then there is need to trade with all pair.
This method is a method using by myself in the fore market and I got good profits in the last years.Main operating idea is mainly short-term and even the ultra-short-term operation adhere to the daytime operation, not positions overnight..........
This methods is a method using by myself in the for-ex market and I got good profits in the last years.Main operating idea is mainly short-term and even the ultra-short-term operation adhere to the daytime operation, not positions overnight.
u can make 100 pip per day easy how?
u can make only 20-30 pip easily in one pair and do that for 3-5 pairs
all pips u want to make depends on the profits on all pairs
if we backtest the intersection between indicator and high school are very good, but on the other hand when facing real market it will be seen lagging, suggestions sya use SMA as major trends and guidance not only as a buy or sell signal because it is a repaint and lagging, add RSI OR Bollinger bandsQuote:
Originally Posted by digger_jim