Hello Lazy Traders!
It seems to be VERY IMPORTANT to set the GMT offset very, very correctly.
Dear Alex, I am sorry about my bad comments. But you could explain it a litte more carefully, HOW IMPORTANT GMT offset can change between profit and loss. I used the standard settings and GMT offset was set to +2. But the different to my broker is 0 (zero)
I found a post on Myfxbook ( you should attach to your instructions or manual) , changed the GMT offset setting accordingly and now your EA is making profit.
I let it run on EUR/USD, USD/JPY, AUD/USD, EUR/GBP, GBP/USD, USD/CAD, USD/CHF.
Here is the post the helped me out:
"On your MT4 click on VIEW, MARKET and check the time there. This is your
brokers time.
Than check this link:
http://www.timeanddate.com/time/zones/gmt
See the GMT time now.
The difference is your GMT offset."
It is that easy !!! Why did nobody tell me before, Alex???
Happy Trades!
Yours Oks