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EA-trader

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  1. EA-trader

    How to Scam on a Forum

    You made a mistake 4 Forex factory are vetting posts before admin allow me there as loozer
  2. EA-trader

    How to Scam on a Forum

    Every scam on private trading forums is controlled by the admin, every post is vetted by forum owners , every solicitation for funds is permitted only by admin on forums. Every private trading forum I know of has had some skullduggery going on. The people who make money on private trading forums are the admin.They are not setting up these sites for giving members a free lunch.
  3. Trading skills is like having the skills of a heart surgeon , trading skills required are very difficult.Not every doctor can do heart surgery with skill, in the old days anybody used to try to do heart surgery with knives , there was a special name for these doctors who did not have the skills.
  4. Secret is how and when to apply it correctly Systems work , if they are good Indicators work , if used correctly, EAS robots work , if they decent Signals work if they are based with fundamentals . A hammer can't do the job of a screw driver, but it takes years knowing when to apply what tools in trading, since all(99.99 %) trading books are beautifully written to sell the road map to the trading gold , but written by people who failed to make an income from it. You need to be a skilled user of tools.
  5. EA-trader

    Pipmaster forex professional's system

    a picture says a thousand words, when a trader is looking at a chart , he can see the 50 possible set ups for the one trend. This is also a hindrance because we tend to end up overtrading and emotional trading, we are humans. When it comes to bots , one robot can not do the same job, one robot can be programmed only to trade a few set ups.You should take a look at robots in BMW or Mercedes factory, you will see thousands of them, not one robot. 200 pips profit from a professional system that trades several times a year, not everyday.The sun does not make hay everyday.
  6. EA-trader

    Pipmaster forex professional's system

    + 150 PIPS profiton both eur usd and gbp usd.So far , so pipmaster must make money. It also works as trending indicaqtor on dow and dax
  7. EA-trader

    Pipmaster forex professional's system

    Pipmaster sells after a rejection on the hourly /4 hourly charts , in the direction of the major trend. It has made a 100 pips so far, pipmaster makes pips , sl moved
  8. EA-trader

    Pipmaster forex professional's system

    If you go to the newdigital world forum, they will provide you with almost 50 beautiful and fancy indicators, made from the same idea i.e a moving average. They all do the same thing, Still waiting for some value added technical input, like you are more likely to be chopped out on a single moving average, counter weekly trend line. Now let us talk trading Pip master works , like I said shorts only.If i had traded long I would get chopped out.
  9. EA-trader

    Pipmaster forex professional's system

    It was not case of deliberately misleading anyone. I never saw that moderation, it may just have been grammar , punctuation etc The majority of the post is still there. From a topic of a trend trading indicator, as usual forum discussions go, this indicator discussions required some egos . Could we get back to the technical discussions on the moving average indicators, because this bickering is wasting every reader's time.If you are not a trader, but a forum administrator , you have different interests. I am a trader, I am looking at using this indicator, I am spending my quality time , putting the indicator and other indicators on several different charts of various different instruments.
  10. EA-trader

    Pipmaster forex professional's system

    Please get your facts correct before posting false statements om I G forum.The moderator on earnforex never edited the post, so please check your facts.The full unedited 2 post are sill there on earn forex, you can compare it with the edited post at I G. As regards the mql5 forum posts , I was merely helping a new trader , who was getting a lot of trend chop outs and false signals, after that mql5 postings I decided to make this pipmaster indicator, with 5 moving averages. Here is the false and fake signals dilemma , that most intraday forex price action traders face.The trend corrections on the higher time frames are seen as trends on on the lower time frames , thereby giving many false signals.So I just posted one decent indicator to reduce fake signals. To suggest this is not a trend strategy/indicator , that should not be discussed on I G , is an insult.
  11. There is something very good about this indicator, that people don't realize. Unlike a normal moving average indicator, this one incorporates a volatility increase input , into the reading of the indicator.It is easier to filter out trends from fakes moves , by adding volatility increase over the period of the indicator readings. In trend prices tend to be more volatile, if it was not more volatile , there is no serious trend. So the stepma metatrader indicator is a quite good because of the following code. StepSize (in points) is average noise or average volatility for the certain quantity of bars ( BarsNumber=0 for full history ).
  12. EA-trader

    Pipmaster forex professional's system

    What is the difference between pipmaster, it is only 5 moving averages trend following system available on pro- real time or on IG's metatrader templates.How different is it from different types of trend following. Every trend trader is probably using it anyway, in a different form, it can be applied on any instrument. We can also discuss great trend traders like famous turtle trader , who eventually lost millions from trend trading and was eventually sued.The marketers hype up trend trading , but they never talk the truth and reality of trend trading failures , people like covel who don't trade for a living , but write books and sell seminars i.e their only source of income.They learn trend trading from books.We can talk about trend trading failures go who into hiding , after losing on trend trades . We can also talk about the patterns of trend traders, who stop singing about trend trading , in ranging choppy markets, when their trends are failing into ranges. 80 % fail at trend trading the forex , forex is least suitable for trend trading, yet new traders fall into illusions of trend trading, with the hype of trend trading.We can discuss this , why they are influenced into forex trend trading , when it rarely trends. This is also about trend trading strategies of forex traders, commodity traders, crypto currency trend traders who are just merely singing about trend trading yet their methods are unknown. I was only showing a trend following method for forex, called it pipmaster, trying to get a discussion.We can also discuss Covel's illusionary methods, he can't make a living from it , so he sells books and seminars.
  13. EA-trader

    Pipmaster forex professional's system

    Arrows mean at those levels a)look for rejections of price from the highs , to go short, so price must have fallen to show a rejection. b)Price makes no attempt to reverse, read price behaviour c)Price makes lower lows. The success rate of each short depends on the behaviour of short term price, the easiest stress free method is to sell put spreads on options.If trading fundamentals I place the shorts with wide stops and walk away for a week and do nothing.Stop loss level is above ma on daily charts above mas.
  14. EA-trader

    Pipmaster forex professional's system

    Hi Casey I have seen your chart. Apply trades as per first post, in line with interest rates expectations, I see a totally different picture, because interest rates expectations started last november or earlier.I would not have applied long positions. You have mixed the two sets of indicators, from two different threads, to confuse yourself.The stepma has yet to be fully tested on forward testing for repainting, over the next month.The back tests are promising. I have been trading in the direction of the fed expected interest rates expectations.I really see it differently. I have seen earlier versions of the stepma and pipmaster, for many years , I use to to 40 different combinations of set ups and indicators. The stepma thread also says , there is option of no need to trade , when there is flat horizontal lines.I don't see what you see because my trading is selective and only shorts on the far right of the chart.Even in a chop it is breaking even or better. The uptrend chop is for random traders.The pipmaster does not repaint.
  15. If people don't like this indicator , they don't have to take it .The moderators can remove them and define clear rules for not posting them .They should disable the ability to upload mql files in the future. Anyway this indicator is better than a lot indicators, it kept giving me better results, compared to simple moving averages, on back tests on eur/usd,gbp/usd. dow and dax.Maybe it repaints. The indicator is available on google search for StepMA_v9.mq4 .Just play around with the settings , you will find the same results as pipfinite , with a few long term weekly trendlines.
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