Most Forex traders lose all their money.
Using the robot posted here in trading Forex does not guarantee success.
Trading this robot could lead to serious financial loss.
Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
This is not a set-and-forget ea; there is no such thing and anyone who tries to claim there is, is either stupid or lying. This ea requires frequent manual intervention.
At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
To trade this robot, you have to understand:
How to use EA's.
Strategy
Very simple: The ea will buy when the color changes to green and will close when the color changes to red, when red the ea will directly open a sell trade, easier then this it can`t be! I`m testing this on renko box5 but it will also work on different boxes.
This is almost the same as a strategy i used a few months back, only i used a normal m5chart with ma5 shift2 as filter and synergybars. U can read the thread here wich was created by my dear friend Magft
http://www.stevehopwoodforex.com/phpBB3 ... ?f=5&t=221
EA inputs
You will find descriptions of many of the inputs in the attached Shell User Guide. This covers most of the widely used, generic inputs. Since the shell EA code contains so many more options that the strategy calls for, the OOTB settings are not necessarily consistent with the strategy and may not even make sense. After sufficient testing we may come up with meaningful OOTB settings. Until then, be sure to review them.
Sharing with FF
Feel free to upload the EA to FF, once we've achieved a level of stability.
I have done a lot of back test and the results are pretty promising, we have added alot of options in the ea, but i`ve set most off them to false, because it looks to me that the options do not help.
In conclusion
Let the bug reports begin! And lets make this thing work for everyone
