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For EAOpenClose that I make, target is just only 10pips a day (or u can adjust).
But any way I have no time to try on running account (Demo), what i have been done just only test it on GBPUSD 5M for 1 Month periode and the result looks like so nice.
Thanks for Sharing!
I saw on your live statement many trades were stopped for a loss of 2 or 3 pips. Also some losses stopped for more than 10pips. You mentioned slippage. Was that due to the slippage? Your sl setting was 30pips or so. Do you use time cut?
(i saw your review of SigmaForex on another website. that was horrible! Wish you get your money back soon.)
to be used on M1 or M5 of EURCHF, EURGBP, AUDNZD, USDCAD, USDCHF, CADCHF.
on M1, using MA period 6 and distance from MA = 1 pips.
on M5, use the default settings, MA=16 and distance from MA=2 pips
to be used best on the brokers who has noisy level ATR 3 pips on M1 data.
you may try this EA on broker
scam broker or not, up to each one to check out.
in return, please publish your mt4live or mt4state link here, thanks.
My result on real account on SigmaForex Non Dealig desk account is at MT4Live.com - Share Your MT4 Statements Free
my experience is that 50% of time my limit order get filled with 8 pips worse than limit order price, this is not ok if you scalpe for 2 pips profits, therefore I can not trust the fill price from the SigmaForex NDD account, so I have been running micro lot there. My running of the EA on FXCH (forex-swiss.com) ends up with 200 USD loss, as I made the losses in the process while I adapted the grail2 on the real account to find out how to avoid lock of freeze level 5 pips on the limit orders and how to avoid profits taken 5 pips on the market orders at FXCH.
for the non ECN brokers, their demo data is very different with the real account data, so please realize that your demo forward testing on the market maker brokers does not represent what you will get on the real account.
what is the catch?
When you running this EA on the market maker brokers, this means your profits comes from the Market Makers pocket, not from the Electronic exchange market. The Market maker is make it damm sure you are not goin to getaway with the bigprofits on the real account like the demo account gave you. You and your broker will be happy if you make this type of scalping on the ECN, Non dealing desk, STP type of market.
The original Grail_2 EA modify all the limit orders for every new tick it arrives, this will sank the brokers server, they will block your EA after a while. So I think to hide the limit order logic inside the EA and send only the market order will be a better approach.
There are about 500 sl on your live statement. Most of them got stopped for 1 pip loss! How did that happen ? i can see your stop loss setting is 30 pips.
Thanks in advance!
to be used on M1 or M5 of EURCHF, EURGBP, AUDNZD, USDCAD, USDCHF, CADCHF.
on M1, using MA period 6 and distance from MA = 1 pips.
on M5, use the default settings, MA=16 and distance from MA=2 pips
to be used best on the brokers who has noisy level ATR 3 pips on M1 data.
you may try this EA on broker
scam broker or not, up to each one to check out.
in return, please publish your mt4live or mt4state link here, thanks.
My result on real account on SigmaForex Non Dealig desk account is at MT4Live.com - Share Your MT4 Statements Free
my experience is that 50% of time my limit order get filled with 8 pips worse than limit order price, this is not ok if you scalpe for 2 pips profits, therefore I can not trust the fill price from the SigmaForex NDD account, so I have been running micro lot there. My running of the EA on FXCH (forex-swiss.com) ends up with 200 USD loss, as I made the losses in the process while I adapted the grail2 on the real account to find out how to avoid lock of freeze level 5 pips on the limit orders and how to avoid profits taken 5 pips on the market orders at FXCH.
for the non ECN brokers, their demo data is very different with the real account data, so please realize that your demo forward testing on the market maker brokers does not represent what you will get on the real account.
what is the catch?
When you running this EA on the market maker brokers, this means your profits comes from the Market Makers pocket, not from the Electronic exchange market. The Market maker is make it damm sure you are not goin to getaway with the bigprofits on the real account like the demo account gave you. You and your broker will be happy if you make this type of scalping on the ECN, Non dealing desk, STP type of market.
The original Grail_2 EA modify all the limit orders for every new tick it arrives, this will sank the brokers server, they will block your EA after a while. So I think to hide the limit order logic inside the EA and send only the market order will be a better approach.