Thread reviews

Thank you oshaban. This is a great EA, nobody should complain if they ever try to code a EA.

I hope you dont mind i share some opinion and experience here. Please correct me if im wrong and sorry in advance if someone feel offended.

If you are willing to learn and have a solid knowledge of market movement, you will find your Holy Grail here. Not 100% guarantee(Murphy's law) but highly likely you will achieve your goal with patience and proper mind set.

--Heads up for whom losing with this excellent EA--

ASk yourself question and think about the possibly solution

How to avoid my account blow up?
(Try to think how to survive before earning any profits)
--apply MM to your trading.By
1)start with smaller lots size
2)changing to higher TF so your EA can survive in high volatility market
3) or increase the pip step and PSM when using smaller TF to get more control
4)get to know more about the FX pair you trading. Setting reasonable TP and pip step by knowing the average daily volatility.

How to increase the chance of survive?
--best way to survive is to follow the trend.How?
1)Do your own analysis about market movement. Make sure yourself can identify whether the market is trending or ranging.
2)Able to tell the different between retracement and reverse of market.
3)Able to tell the different between maket trend and market direction.(this will mainly decide what TF you going to trade)
4)Try not to trade both side, you will know why if you the maths.

How to increase the probability of winning?
--make sure yourself understand how the EA work!!
Those EAs work by average down your losing trade and wait for the market to reverse or retrace to make losing trade become profit(with proper Lot Multiplier).

When to start?
1)start the EA when market resume trend(less risk and less profit, you can try negative pip step or PSM under this situation) or
2) start EA when the market start retracement(higher risk, higher profit, only if you are confident that the market is not reverse)

When to stop?
Stop when important news release coming soon or you are not sure about the market movement.

THERE IS NO SETTING CAN FIT ALL TRADER.

You have to find it out by yourself base on:

1)Pairs you wanna trade:
eg,Gold, GBP/JPY with average daily volatility over 100pips, you sure need bigger pip step to survive .

2)TF you gonna trade:
eg,Gold, GBP/JPY , Trade in higher TF so your EA do not open too many trade this can help lower your risk and hence increase survive rate .

3)Account balance
Decide lot size, TF and number of pairs you can trade, that all base on your balance.
eg,Carefully do some maths , ask youself , will you survive if gold retrace 200 to 300 pips?
Although the average volatility of Gold is about 100 to 120 pips daily. It just retraced from 1298 to 1276, about 220pips. We all knows it is a uptrend since it break 1212 level? We may not survive even though we trade with the trend.

Conclusion:
Theres too many to learn about trading.
Just remember EA is a tool to help you trade, in return you have to help the EA decide when to start and stop.There is no EA can work under all market conditon.
know your EA and make it work on its own market conditon.

Once I have been long enough in market, i realise the KING of strategy is Money Management. Survive to Win.

Thanks again ,Oshaban.
wish you all best.