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There are many robots which attempt to profit, but in reality it is a very hard endeavor. There are many things that the human eye can see and identify, such as Support and Resistance levels and Patterns. It is very hard for an EA to calculate all these factors and to create a solid decision...

Trading In The Zone - Mark Douglas

Very impressive. Care to share with us?

Interesting thread. What's for sure: don't use martingale-based EAs, unless you really have nothing to do with your money. Martingale is mathematically proved to destroy your account. Even if it happens slowly.

Only long trades? That is very weird. Short trades tend to profit more, as it is easier for the market to go down than up (it is a proven fact). Anyway, I'm downloading it - we'll see how it works.

Great indicator, thanks for sharing. Good for identifying S&R Levels.

MACD indicator, with colors to indicate direction + Alert when a cross is happening. Download it here Download MACD Alert Here Good Trading!

Money Management is not as important. Simply risk constant percent of equity on a single trade and you'll be just fine. If you have a good trading system, the simplest money management will suffice.

Don't forget that scalping kills your account ON SPREADS ONLY! Spreads can accumulate to vast amounts of money, money you must earn in profits in order for scalping to pay off. Also, signals from technical indicators in 5M-15M timeframe are substantially weaker than in 1H-4H timeframe.

This moving average is the fastest ever, put it near any other MAs and you'll see the difference. Download it here Download FastMA Here Good Trading!