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Old 2010-07-29, 03:01 PM   #469 (permalink)
pipdetector
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My Trading Journal


Trading Live with:
Pipstrider and Megadroid
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Quote:
Originally Posted by rsmereka View Post
Looks really good,

When you say that you will finish the demo, are you going to proceed with a live/real money account?

In regards to Pipstrider, what does Forex Goldmine recommend? I have to say that I am very uneasy with this EA.

I took a look at your MyFXBook page and noticed some GBPUSD trades. Which EA do these belong to? As I understand it Pipstrider trades only AUDCAD...right?

Rick
Pipstrider can trade any currency pair. Goldmine team recommends AUDCAD, but on the demo I used AUDCAD and CHFJPY, they seem to have similar characteristics and they seemed to work quite well. GBPUSD are occasional manual trades that I test on this account.

I have been using Pipstrider on a real account. So far it yielded ca 12% in one month. I used PS only on this pair and I have not used MD on this account yet.

Another use for Pipstrider is to ride trends (you set it to buy or sell only), the martingale + disrupter seem a good way to get out of the trend if it weakens or changes. I am testing this with other currency pairs.
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