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Re: Qui-Gon Kagi post# 120979

Sunday, 08/11/2013 1:47:56 PM

Sunday, August 11, 2013 1:47:56 PM

Post# of 140146
BTW..I do see EAs that make profitable trades but they seldom have an auto TP function..so what happens is they go in profit nicely then fall back to close at a loss.One problem is if for example its an MA cross EA its not intuitive enough to do anything but what programming calls for and cant see that crosses on sideways movements can only result in losses..if angle of rise is at least 30 degrees or greater on the cross then the trade has a good shot to be profitable..but if angle is shallow as in consolidation then the crisscrosses will bleed the account.As I said tho..I believe scalping EAs are entirely possible by taking just a few pips at a time and repeating over and over during the major parts of trading day.Another thing about EAS is IMO they should be shut down and disabled for trading unless there are major markets open..I would never let one run in off times with no real liquidity.

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