EA Straddle&Trail - used for news event trading

HI all,

I manage to search this Straddle & Trail EA from


http://codebase.mql4.com/4246

Its working module is to open two OCO ( One Cancels Other ) pending buy and pending sell orders minutes before a news event. Definitely you need to manual input the news event time as this EA is not that perfect up to that level.

It is expected forex price will either jump up/jump down drastically after a

Freeware for Building and Testing Your Forex Strategy

Hi all, I just found a website for building and testing your forex strategy. It is http://forexsb.com

I already installed two free softwares offered in the website. First is Forex Strategy Builder, second is Forex Strategy Tester. I not yet have much time learn how to use it but it seems very good. Somemore it is free. It is worth give it a try.

Forex Money Management

The main idea of the whole trading process is to survive! Survival is the first task, after which comes making the money.

above sentences are very meaningful. i got it from internet

However,sometimes greed surpasses logical thinking. not many of us can control our greed,including myself. Last time i suffered losses due to greed when using forex transporter

Survive first then only think about

Forex technique - Bollinger Bands

For technical analysis, there are lots of indicators for usage. Among the most common and basics are Moving Average, MACD, etc

I would like to share using Bollinger Bands.




For Bollinger Bands, it consists of three line - upper bound/band, mid bound/band, lower bound/band

The logic behind these 3 lines are - the upper bound indicates overbought state where a correction will be expected and

I have started trading live forex account

Hi all,
I have managed open a live micro account with GCMFX and started trading. I chose leverage 1:400. And i trade using 0.01 lot

which means for each 0.01 lot, required margin is 100,000/400 x 0.01 = USD$2.5

I use AutoPilot to auto trade. The EA uses 200 pips takeprofit and doesn't set any stoploss. However, i will monitor the market trend and will close the trades if feel impossible to

1000% gain in one month time in Forex

Hi all,

Don't be cheated by the title "1000% gain in one month time in Forex". It was not achieved by me. I only achieved 60% gain at my demo account at the moment.

The 1000% gain was achieved by some other gurus. You can view the result at
http://www.myfxbook.com/contests

Anyway, bear in mind that is demo account. In demo account, people dare to take maximum risks to gain maximum profits. I

The contest account is doing well, 30% profit in 18 days

HI all,

The contest account is doing well using AutoPilot

From 1st Nov till today, the account has earned 30% profits. Anyway, this will not be the final result.

I had manually closed some orders as I believe the market goes against these orders.