EA
Posts: 27
Member since: 01/04/2015
Any good EA for hedging or scalping ? any reccomendations would be nice
Posts: 14
Member since: 02/04/2015
Well i don't know of any scalping ea's but I trade with Ironfx and my account manager told me of a new mirror product they have and an ea that allows me to hedge. Im using it and it's quite good. It's a mirror ea, so whatever happens in one platform, the opposite will automatically happen in the other one. It's quite good, easy to install and simple to understand.
Posts: 14
Member since: 02/04/2015
I was speaking with my account manager at Ironfx and he informed me of a reverse martingale EA that works perfectly with the mirror EA. Basically what this does is, every time you close one of your trades in profit it doubles up your initial investment on your next position. If you use this with the mirror EA it opens your positions in the second platform automatically, so it's perfect for hedging. If you are looking for a good hedging EA you should check it out.
Posts: 27
Member since: 01/04/2015
Yes Jack i have been also informed for this EA but havent put it in use yet. Have you used it enough is it as good as they say ?
Posts: 1
Member since: 13/04/2015
IronFX has good EA and you can even maximize your trading potential and it's good for hedging. My account manager advise me to use it and seems to work. Try it and let us know your exprerience.
Posts: 14
Member since: 02/04/2015
Originally posted by KolarfxYes Jack i have been also informed for this EA but havent put it in use yet. Have you used it enough is it as good as they say ?
Yes, I have used it. It works nicely with the mirror EA. It automatically opens a position with a stop loss and take profit in my first account and I have it working with the mirror EA that will then automatically open the opposite direction position in my second account with a stop loss and take profit also. It's very good and reliable. I can't see any faults on it as of yet.
Posts: 27
Member since: 01/04/2015
Good is there any minimum deposit amount? i think you get bonus too right ?
Posts: 14
Member since: 02/04/2015
Yes you do get the bonus. That's what I did and it works very well. Im making a sure amount of profit so far. It is working perfectly with the bonus. I don't really look at minimum deposits because that basically means you aint serious about trading and that you just want to try things. I make a deposit good enough for me to have the opportunity to gain a substantial return. Im not really suure what their minimum is, maybe you should speak with them and Im sure they will help you.
Posts: 9
Member since: 01/04/2015
Indeed a serious trader makes a good deposit to gain a substantial return. What usually happens when you are new trader you avoid to expose enough and you keep your deposits on a low balance. I have heard good reviews for the mirror EA and it seems that your trading potential get maximized.
Posts: 27
Member since: 01/04/2015
I have to say i tried their mirror account and it is an awesome option, i wonder why they didnt came up with this earlier?
Posts: 14
Member since: 02/04/2015
My account manager just called me and spoke to me about a double copier ea and how it has a good chance to get approximately 14% return per trade. Imagine if you get 5 successfull trades a month, this can make it to a 70% return on my initial investment. Obviously there are risks which will not allow me to get a 70% return but this new strategy is quite good. Basically you have 3 accounts and if the market moves by a certain amount of pips in the same direction then positions in two of the accounts will close or be stopped out and I will get profit on the one account where the position is left open. Have you guys heard of this ea?