Best strategy - is the strategy the rules you learned and follow totally at 100% for make no mistakes when you psihology dies during manual trading and nerves... this is why most of traders choose Semi-Automated Strategies that do 90% of all job in MT4 (follow rules - not let you put bigger lot...
hi ! can you explain what you mean here:
Don't risk more than 5% of your margin per single trade.
and does it depends from leverage? bigger leverage = less margin !
and here :
Never trade to compensate for your losses.
But what if quality of signal all time give you SL that less in pips as...
i tried and developed 10 EAs based at different correlation strategies... all not good and blow accounts by stop losses..
if seriously for me Correlation not exist and cant work all time. It can work some period in plus - but after this 2 pairs can go total negative trend opposite your opened...
LOL interesting story about Verified and Regulated kitchen )) this why i never wanted trade Oanda - i know lots of members that had same problems from time to time with them
if we wanted or could update it we would updae it and continue trade at this accounts. It was investor accounts that wanted to test with us and code their strategies. Develop period finished they took robots and trade this accounts by them self - we do not have access to this account to trade...
i believe best way to start is to find Economic Calendar and watch how forex Pairs Jumping during economic News . And understand that forex pair are only Fractions like EUR/USD and 2 currency figting with each other inside that mathematic Model
EUR/GBP = EUR/USD / GBP/USD for example...
vertex is New platform for trading - better then mt4...i have tested this platform...looks interesting....need to try code something there. nice thread!
you really believe that correllations working? any real results ?
i tried to code 5 different robots based on different correlation ideas ... similar to your indicator...not profitable at totol auto, correlation work some period then fundamental killing this in 5-10 minutes
all indicators based at History , If you believe that history will repeat and your indicator also are NONREPAINT - continue to believe )) but target or market let you believe in something notflexible to blow your acc or make you open several wrong entries with losses and make you start recovery...