FLIP FLOP EXPERT ADVISOR(EA)
BY FOREX PRICE ACTION EXPERT PAUL LANGHAM
From the desk of Paul Langham
Forex Trader With Over 30 Years Experience In The Banks
Presents his Flip Flop Expert Advisor
"Introduction to the Flip Flop Breakout Strategy EA"
Please tell me some more about the Flip Flop EA!
Flip Flop London Session Breakout Expert Advisor
If you have been trading FX for any length of time, you will almost certainly have heard of the London open.
London is the biggest FX market in the world and the objective of this EA is to take advantage of the momentum and volume which enters the market like clockwork from 8AM UK time every working day of the year.
The Flip Flop Breakout EA detects the strength of the potential break out and enters the market in the direction of the trend, it trades unil the day's direction has been established and will always be in any big move should it happen.
The Flip Flop Breakout EA follows strict money management rules and stops out as soon as the direction of the day's trend is changing adn then goes with that new direction
Unashamedly we do not pay SWAP fees, as we close out before the roll over period at the end of the New York Day
Unlike most of the EA's on the market which trade the open London, it holds on to winning trades, looking to snatch every last drop of profit that the market is prepared to give us. There are no pre set take profit points.
If you are new to FX, then please drop me a line for more explanations if you would like to.
Running Expert Advisors For Profit
Most people over egg their expectations when considering automated trading as they look or and expect hundreds of percent profit per year per EA that the run.
Whilst nothing is impossible - especially in FX - the chances of mainiting these types of percentages over the long term are quite slim and attempting to find out if you can do it will normally result in one or more blown accounts.
Nobody should be risking their account via over leveraged automated trading, it isn't necessary to do so. If you follow some simple and logical ideas you will better understand that you have more chance or higher percntage wins by trading multiple EA's for lower percentage gains. That is what automatic FX trading is all about. Using automation to diversify and create a portfolio of winning strategies.
MyFXBook Results
I will be adding several accounts to Myfxbook with slightly different starting dates and slightly different leverage and slightly different combinations of EA's. They will be posted here.
Features that ensure the EA is solid
Creating a winning EA is not easy, for every ten EA's that I create around eight of them go straight into the bin.
Below I have listed some of the reasons why this is a solid EA and should continue to prove itself over the long run.
- Runs most days 5 days a week but only when the odds in our favour
- Uses intelligent thinking to avoid days most prone to be whipsaws
- Follows trend following principles, cuts losses short and lets' profits run
- Uses sold breakout tecniques to ensure the best trades are always taken
- Insists on good breakout momentum before entering a trade
- Ensures a good risk to reward ratio by quickly stopping out when proven to be wrong
- Trades the most liquid and heaviliy traded FX pair on the planet EUR/USD
Frequently Asked Questions
What will I receive if I purchase the London Session Breakout EA?
Incluided in the package you will receive the following items:
- The London Session Breakout Expert Advisor which is suitable for running on your brokers Metatrader platform
- The business descripion document which exaplains how the EA works, the logic behind it and the parameters which must be applied in order to set it up
- A process flow diagram which explains how the EA will react at certain times of the day and process which it will follow during the opening and closing of trades...
What about if I'm new to trading or automated trading?
If you are new to trading this is not an issue, as I will be presenting things in a very easy to understand no-nonense style within my documentation andI am here to help if you ANY questions.
Can I buy with Paypal?
Absolutely, just purchase from this landing page by clicking in the 'Purchase Now' button below.
What are the next steps how can I get going ?
Simply finish reading this page and click the purchase now button, this will take you to the PAYPAL page awhere you can once, once payment is received you will be redirted to the Exact Trading FX London session breakout strategy sign up page which will allow to receive the EA and documentation.
Can you let me see an example of the type of profit it is possible to make with an FX algo?
Yes for sure, just look on this page at some of the examples.
Can anyone become an automated FX trader?
Yes, anyone can learn the skills necessary to set things up the way they need to be, to guarentee sucess. Obviously the EA will do the work, you just need to set up your Metatrader platform correctly and set up the parameters which i will give you correctly.
How much money can you make running algos and building FX trading systems
How much money you bring to the table will dictate how much money you can generate as income. My own strategies look to trade very conservatively. The idea should be to mix and match multiple strategies to create a portfolio. Remember 30% from a handful of strategies combined per year is huge compared to what you can earn on a bank deposit account.
How much money can I make?
How much money you depends on three elements:
- The amount of money you put in your trading account.
- The leverage you apply to your account
- The performance of the EA.
Examples Of How The London BO EA has Performed in the Past?
Flip Flop EUR/USD 5 minute time frame short start
Flip Flop EUR/USD 5 minute time frame long start
Flip Flop EUR/USD 30 minute timeframe
Flip Flop EUR/USD 30 minute timeframe longer start
There is a lot to learn about FX automated trading strategies. One of the most over looked is to create a method which provides a curve which is realistic but has faults. A curve where "everyone is at" and which resembles a straight 45 degree line will almost ceratinly fail as the big money will find it. I prefer staying under the radar with wonky looking equity curves which increase nevertheless over time.
I maintain that 5 to 10 percent per year per strategy with a handful of strategies is the right starting point for people who are serious about trading. Contrary to popular belief FX can be profitable but the right sort of strategies have to be applied to it.
The motor can be fine tuned once the comprehension of the markets is there. The possibilities are endless to mix and match types of strategies, pairs and timeframes.
The London session using a method like Flip Flop is a great place to start.
What About Brokers Which One Do You Recommend?
Choosing the right broker can be a minefield for the uniniiated. I have found that true ECN broker IC Markets are about as good as you get when you balance costs against service.
As they are GMT+2 you can set your EA up as I set mine up as I also trade with them.
How about VPS machines ?
It is important to get at the front of queue what ever your trade size and whatever your trading strategy. Using a good VPS machine will help you in this respect. Make sure you select the correct machine located right newt to your brokers machine.
CNS can help with this as they are experts in Forex VPS machines.
Be sure to check out their latency chart here.
Ready To Get Going?
Please sign up using the button below and I look forward to welcoming you to the world of automated Forex trading
The EXACT TRADING
"Flip Flop Breakout Expert Advisor(EA) version 1
The EA will be sent after payment
Share this page with your friends...
Disclaimer
EXACT TRADING BVBA ("Company") is not an investment advisory service, nor a registered investment advizor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options futures or forex); therefore, you should not invest or risk money that you cannot afford to lose.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY, SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Testimonials appearing on this site are actually received via email submission. They are individual experiences, reflecting real life experiences of those who have used our products and/or services in some way or other. However, they are individual results and results do vary. We do not claim that they are typical results that consumers will generally achieve. The testimonials are not necessarily representative of all of those who will use our products and/or services. The testimonials displayed are given verbatim except for correction of grammatical or typing errors. Some have been shortened, meaning; not the whole message received by the testimony writer is displayed, when it seemed lengthy or the testimony in its entirety seemed irrelevant for the general public.