JL Newbie Thread

[milanese]

Is KISS v3 source code anywhere?

I wanted to convert it mt5 as I know there is no time limitation.

Please advise.

no code is private

[mdx]

Is it possible to buy the source code ?

So I may convert it?

[AGT]

Dude ! The owner of the code is "JLCGarcia" here in the forum ! So ask him man ! :youknow:

But I'm sure you'll get absolutely nothing !

[jlcgarcia]

Hi,

I have received an email that says:

Dear Sir,

First of all; great work on this forum with your systems! Everyone is really keen on your work and does nothing but praise you. I hope you can find the time to read this and don't consider my story as "another failure forex trader".

I've been on the forex market for the last 4 years seeking for the EA that would rock my world. I still have a day job and do not have the time to trade myself (nor have I found a system that requiers less screen-time to combine my regular job). It took me almost 30k in margin calls and spendings to "commercial EA's" to discover that there is none. Even if there is, the broker is going to screw you over in a few months after he discovers how the EA's behave.

I have 1.000 euro left and would love to give it a last go to a recommandation on one of your EA's. I have "FastAndLoud v1" active on my demo and it looks good so far. Though you have more than just the one mentioned and I am guessing that most of your clients are playing around with a bit more money than just 1k.

Could you help me get going by giving me a recommandation? I am more than willing to pay a fee if that could help you in any way.

Although as you can see the sender of the email is not a newbie, I did not know where to include this email. For that, I am sorry if I have not found the adecuate place for answering.

I know that my answer will be very questionable for the senior members of this forum, and even some of them will call me heretic. And for that I am not going to express directly my opinions but to mention two of them I have found in the Internet that express my reasoning very clearly.

First:

Most of the (Forex) ideas are wrong. For example, trading on 5 minutes candels offers more oportunities than trading on one hour candels. There is no neeed to prove it. Yes, it costs more in respect to procentual cost of spread, but, 30 trades are more profitable than 5 trades and are probabilisticaly more equilibrated.

Second:

Trading a new currency pair is like taking a new partner. They have their own unique personality and they are wild in their own special way. By committing to trade one currency pair, you get to know it intimately, just like you would with your partner. With time, you can sense their moods and learn to adjust to their different temperaments. You are in sync and trade in moment with your market of choice. Too often traders (particularly new ones) take a scattergun approach to market selection. They try to trade anything and everything. More currency pairs mean more decisions. And more decisions means greater potential to make mistakes. When you’re learning, you should be searching for simplicity in the decision-making process, and this means doing less not more. Doing more of the wrong thing on more currency pairs is not a recipe for success – it only speeds up defeat.

I am sorry if I have broken someone core values and beliefs; but I am now relieved, because now I only trade the 5 minutes gbpjpy pair.

Regards

José Luis