Depends, an overly-optimised robot is not good.

It can. But you should not place your mq4 in the folder. Because if you compile with the latest MT4, you cannot use. If you compiled using the older version, then you can still use the ex4 file in the latest version of MT4.

This post has been edited by forexcoder: Feb 23 2014, 05:18 PM

From my perspective, EURUSD is losing momentum, I would wait for tomorrow and will probably short. GBPUSD is ranging. Very likely to be bearish. Waiting for the breakout.

One month 20%, very nice profit. I wish I could get 20% every month with manual trading too.

By the way, has anyone heard of traders in the banks. Some people say that there are Forex and Commodities traders at Bank Negara. Do they really exist in banks in Malaysia?

This post has been edited by forexcoder: Feb 27 2014, 04:23 PM

Anyone knows anyone working there? I am curious about their salary. If they are really good, why are they still working there.

Do you mind sharing what strategy you used. Just tell the general idea of your strategy if you are not ready to share fully.

Very impressive equity curve. But it looks like you are using a martingale strategy. Do you mind telling what trading strategy you are using.

Is that what you do.

If the previous trade you entered long, then the price moved down, after the trade is stopped out, you would go short. Am i right?

Money management is very important. You should have a strategy which gives you win:lose ration of at least 1:1. Ratio of 2:1 or higher would be better. Like the system I have, it's 1:1. So, let's say I risk 5% of my equity. If I win, I should get 5%. Assuming I trade everyday, 5 days a week, 20 days a month. I lost 5 trades and won 15 trades. In this case, I made 10x5 = 50% monthly. These are just examples. Whether or not you could achieve that is a different matter.

EDIT: Reward:Risk

This post has been edited by forexcoder: Mar 1 2014, 01:10 AM

This is annual return or the total return? If total, how long was that?

How can I be sure that my EA is not copied from the VPS? How do you give assurance?
The pricing is good by the way.

75%++ a month is a lot. You can make 1 million in one year with 2000 deposit, If the profit is consistent. Can I invest with you?

I see, in that case should be okay.

I personally dare not to trade with market makers. I only trade with ECN brokers. However, market makers like Oanda is reliable. You don't really need much capital to open up an ECN broker. So, choose an ECN broker.