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But to be safe the EA needs to place a hard stop -- a protective stop -- on the broker's server.
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Thank you for your help,
PistolDave
Hello, During the last 24 hours I saw in this thread almost 3 freinds or "freinds" who deal with writing down "A HARD STOP".
I think it is a very bad idea. I think that some of the brokers's self programs include a function for stoplosses hunting, and it does not metter if the stoploss is 100 pips up/down, you will see a spike , and RDB's code overcomes that function, so they are now in a very big problem.
Do not try to write down a HARD stoploss even it is 100 pips up/down. The chart will arrive it.
Hello, During the last 24 hours I saw in this thread almost 3 freinds or "freinds" who deal with writing down "A HARD STOP".
I think it is a very bad idea. I think that some of the brokers's self programs include a function for stoplosses hunting, and it does not metter if the stoploss is 100 pips up/down, you will see a spike , and RDB's code overcomes that function, so they are now in a very big problem.
Do not try to write down a HARD stoploss even it is 100 pips up/down. The chart will arrive it.
Even FAPTURBO, one of the best EA out there, use STOPLOST. I never had the sentiment that FXDD has never try to hunt my stop. But I know that many little bucket shop DID IT( the one were you open an account with 25.00$). The best way to kill your account is to let the EA fixed the stoplost on the run. If you go to bed and the connection failed for 6 hours, then the trend reverse against you and you'r done. Mayby I'm wrong.
I have read through the entire thread twice and am still somewhat confused. Seems like I'm not the only one. Please, I am not looking for a handout, just a simple honest answer would be appreciated.
Is there a difference in the EA input properties for a broker using 5-digit quotes? I am planning to run on FXCM-live.