Metatrader EA live trading for 3 duck system?

mindset

Member
73 0
Does anybody run the 3 duck system on meta trader using it as an automated expert advisor for live trading so you can sit back and let this strategy make profit for you?...
 

johnzxr

Junior member
25 3
mindset,

you asked the same question I was thinking of asking....interested in any repsonses...

I doubt it could be implemented sucessfully as fully automated, I think the trader still needs to make the call on the entry (and exit) points and the decision to close to the trade if it's going badly. I appreciate these could be automated, but not sure how many profitable trades you would get this way.
 

Stuart14

Well-known member
313 2
If you are day trading do you really want to do it whilst you are away from the screen?

Probably the easiest solution i imagine would be to do the work manually, find your ideal entry points and then set alerts. If the price gets close you can then make the call then.

You don't have to take every single opportunity.
 

Victor90

Well-known member
251 5
btw, do anyone know if this works on bonds and shares becuse it just says currency. :)
 

azizan8

Newbie
4 0
Mindset,

U're definitely right. No one in this world will sell the profitable working EA so far. All of the seller are scammers. To be safe, sit in front of your PC. Hit and run.
 

Victor90

Well-known member
251 5
Mindset,

U're definitely right. No one in this world will sell the profitable working EA so far. All of the seller are scammers. To be safe, sit in front of your PC. Hit and run.
Well, im sure there are some EA that are profitable and working (maybe not 500pips per day, but still). The thing is those who have a EA that makes money dont sell it, that would be stupied. Thats why all the "5000pips a day" EA is scams. (n)
 

trendie

Legendary member
6,233 1,007
Well, im sure there are some EA that are profitable and working (maybe not 500pips per day, but still). The thing is those who have a EA that makes money dont sell it, that would be stupied. Thats why all the "5000pips a day" EA is scams. (n)
off-topic I know, but...

got an email from TrendSignal with the header "did you make 250 pips yesterday trading cable" (referring to Tues (June 17th)) !

Firstly, it implied there was something special about their system, when in fact cable just had a straight, no-nonsense, unambiguous drop after news, and a bit of a bounce.
Secondly, it implied given the same circumstances, nobody else could have got as much.

Absolutely HATE it when these people do these things.
Waiting with baited breath with a "only made 26 pips today" email from them.

(am I posting too much again?)
 

tantra

Member
53 0
is there an automated system which follows the three ducks trading system? If their is not, I am sure we could put our heads together and create one!
 

HW07

Member
78 3
As i know 3 ducks is "just" an indication of a potential setup and used as part of a system, isnt it?
 

FseXy

Newbie
6 0
I am thinking of integrating the 3 ducks into a trade system I developed, it could actually work well in some automated trade systems. If you already use systems based on good price action with good exit points then you are onto a winner. I have a free EA I downloaded that just made 5,000 pips this week, so for those that hate automated trading, you are truly missing out on safe consistent trading, the profits just get bigger during the market condtions we have now with bigger moves....
 

SandyW

Well-known member
356 6
I am thinking of integrating the 3 ducks into a trade system I developed, it could actually work well in some automated trade systems. If you already use systems based on good price action with good exit points then you are onto a winner. I have a free EA I downloaded that just made 5,000 pips this week, so for those that hate automated trading, you are truly missing out on safe consistent trading, the profits just get bigger during the market condtions we have now with bigger moves....
Any chance you could let us have the link to the free one you downloaded. Or let me have it by a PM on here?

I have tried so many EAs that do not live up to the claims that I am almost giving up on the idea. One problem is that the scalping type get blocked by the FX brokers. I just know it must be possible to trade EAs successfully, but how to find the solution?
I trade a breakout system manually which is working a treat, and I would love to automate it. I use MT4 but haven't a clue about coding. I would like to find someone who would be up to doing that for me. But of course it would be best if I learnt to code myself!
 

Victor90

Well-known member
251 5
I am thinking of integrating the 3 ducks into a trade system I developed, it could actually work well in some automated trade systems. If you already use systems based on good price action with good exit points then you are onto a winner. I have a free EA I downloaded that just made 5,000 pips this week, so for those that hate automated trading, you are truly missing out on safe consistent trading, the profits just get bigger during the market condtions we have now with bigger moves....
Was those 5000 pips backward or forward testing? Was it a demo or a live account? :sneaky:
 

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