Welcome to Forex-TSD!, one of the largest Forex forums worldwide, where you will be able to find the most complete and reliable Forex information imaginable.
From the list below, select the forum that you want to visit and register to post, as many times you want. It’s absolutely free. Click here for registering on Forex-TSD.
Exclusive Forum
The Exclusive Forum is the only paid section. Once you subscribe, you will get free access to real cutting-edge Trading Systems (automated and not), Indicators, Signals, Articles, etc., that will help and guide you, in ways that you could only imagine, with your Forex trading.
Elite Section
Get access to private discussions, specialized support, indicators and trading systems reported every week.
Advanced Elite Section
For professional traders, trading system developers and any other member who may need to use and/or convert, the most cutting-edge exclusive indicators and trading systems for MT4 and MT5.
Hello this is a poorly designed EA. I am not saying the strategy is bad (although time will tell) but here is what the problem is:
You are paying 2X more spread than you should.
Instead of opening 2 lots in the beginning, open a buystop and sellstop at the SL of each trade.
The 2nd entry in the cycle is unnecessary as those lots could be added to the original buystop/sellstop.
Regards.
Quote:
Originally Posted by lepiricus
Yes, looking at the trading championship page it looks like 22:00gmt a buy and sell are both opened.
For example say you start a trade today at 22:00 gmt, you open a buy and sell at 231.00
Your buy TP is 234.30, sl is 229
Your sell TP is 227.70, sl is 233
It will force your stop to hit on one of them before the TP can be reached on the other. If your stop is hit on the buy (for example) then it immediately opens another sell at that price with the same SL and TP as your 1st sell, that being 227.70 TP and 233 SL. As soon as both those sells hit TP or SL then it resets to open another trade at 22:00gmt.
A guy wouldn't even need an EA for this, it would be a super easy manual system. At least, thats what I can figure out from the account history.
Hello this is a poorly designed EA. I am not saying the strategy is bad (although time will tell) but here is what the problem is:
You are paying 2X more spread than you should.
Instead of opening 2 lots in the beginning, open a buystop and sellstop at the SL of each trade.
The 2nd entry in the cycle is unnecessary as those lots could be added to the original buystop/sellstop.
Regards.
I think you should read from the beginning, I made this EA according to waddah attar strategy on ATC 2007,
and the strategy is open buy and sell at the same time, not open pending orders buy stop and sell stop at the same time..
I also think about pending orders idea, like duyduy said it before you..
but when I saw Dmicr virtual orders idea, that's smart!, although I'm not sure will be better than we make pending orders buystop and sellstop at the same time..
its bad result on 2006
but very good result on 2007.
are u agree? EURUSD
can u improve it?
i thing try 4X if it hit stop lose.
first time hit stop lose. open other open position
second time hit stop lose. 2X open position
3nd time hit stop lose. 3X open position
4th time hit stop lose. 4X open position.
Linear Mode
