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I understand its pending order but my point is, it gives pending order for 1.5500 and current price is 1.5478 which good price for buy (lower then 1.5500), so its better to buy now instead of waiting for 1.5500 (higher price)?
Thanks for your efforts
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But pending order is placing not for the current price. It's placing for some future price.
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hi newdigital
as u said putting pending orders manually is not difficult and we can trade it manually.i have read the explanation that u posted about the system and all comments in this topic and i have some misssundestandings:
1-attaching the EA:as u said we should attach it on 00:00 GMT or +2 or +3 on the charts.so if we attach the EA not un the mentioned time the orders will be wrong.ok?
2-as all u know diffrent broukers have their own time shift.it would be nice if u would clarify the exact time for calcualting the orders places or attaching the ea.
thanks
mimi
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Mimi,
I am not an author of this EA. I just translated. Tartan created this system to trade manually for MT3. And we see the time in the manual: 21 (or 9 pm). And I do not know anything else about the time anything. Tartan's explanation was simple: if we have 21 in Moscow we have 00:00 GMT. But it is not a true: 9 pm GMT is 00:00 in Moscow.
So I don't know.
Anyway it was mentioned that we should attach this EA once a day. GMT evening. In the same time every day. May be it is the system on breakout some levels, i don't know... if so it is better to do it after the new daily bar was opened (new daily bar opens in different time for different brokers and it is well-known time for any broker).
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Are you saying that every day we have to add the EA to 00:000 time? What time frame did you guys put to get your Stop order? Cause I did mine and nothing showed!...
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Timeframe from M5 to H1. Any. If you are trading on H1 so stop loss should be on H1.
Some people during the conversion this EA to MT4 changed stop loss to 35.
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Please I am completely lost with this system at this time. On North Finance for example what time should it be placed on the chart? Can anyone who understand/speak Russian please explain the parameters such that one can place order manually if need be.
Thanks
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I translated all 3 EAs to the English language. I did not translated some very understandable words:
slip or slippage, stop loss and so on.
"zazor" is shift or clearance.
Why they are using technical term "clearance" (bearing clearance, for example) instead of normal shift - I don't know.