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. Its 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.
i'm new registered. But I'm reading here for some days
everything very interessting.
I've registered here, cause I want to learn to create automatic trading systems with MT4. Actual I'm trading with the broker Alpari UK. Does anyone use this broker with this EA?
I am 99% sure the ea will blow up your account due to the lot size.
One thing i have been thinking about is a 1% close all so if the equity is 1% greater than Balance then close all position then start again the next day
What do you think
Could be worth a try.
It will save me babysitting the EA as it has a tendency to open many positions only to find the trend changing and thus finding the EA with a couple of dozen negative trades open.
The other thought I had was stopping the EA from opening more new trades when the free margin gets to a specified level. This is what I do manually. When the trend has reversed and the trades come to TP, the EA could again be allowed to trade. The EA can make money as it has gone from $2900 to $4,200 in for days on 7 pairs. All we have to do is work out a better MM strategy. May be some of the experienced gurus will help in time.
By the way, I can only make it work on any EUR... pair, it will not work on any other pair. Any ideas why that is?
Nik
Could be worth a try.
It will save me babysitting the EA as it has a tendency to open many positions only to find the trend changing and thus finding the EA with a couple of dozen negative trades open.
The other thought I had was stopping the EA from opening more new trades when the free margin gets to a specified level. This is what I do manually. When the trend has reversed and the trades come to TP, the EA could again be allowed to trade. The EA can make money as it has gone from $2900 to $4,200 in for days on 7 pairs. All we have to do is work out a better MM strategy. May be some of the experienced gurus will help in time.
By the way, I can only make it work on any EUR... pair, it will not work on any other pair. Any ideas why that is?
Nik
it will not work on a pair that has either 2 negative swaps or a zero
I test his EA on my Alpari demo accout. I think it works good.
It grows up from 808 today 10am up to 867 4:30pm.
But i don't understand the strategy.... if the swap is positive it open a trade on a new bar. ok. Thats easy.... but why does it buy 4 contracts on every trade?
and how can i control the MM? With 867 on the account it opens trades with a margin about 32 ? It round about 3,5% of the money. I don't understand the stop strategy, too. Some positions go down to -16 (0.01 for one contract - bought 4 contracts > 8 Euro Margin).... the position is open over two hours.... what will happend? Does SWAP sometimes stop the position?
I test his EA on my Alpari demo accout. I think it works good.
It grows up from 808 today 10am up to 867 4:30pm.
But i don't understand the strategy.... if the swap is positive it open a trade on a new bar. ok. Thats easy.... but why does it buy 4 contracts on every trade?
and how can i control the MM? With 867 on the account it opens trades with a margin about 32 ? It round about 3,5% of the money. I don't understand the stop strategy, too. Some positions go down to -16 (0.01 for one contract - bought 4 contracts > 8 Euro Margin).... the position is open over two hours.... what will happend? Does SWAP sometimes stop the position?
PS:It trades on M5 TF....
The mm is a problem but, it is with most EA's the mqh file's are the risk elements 0.02 = 2% and the lot size would depend in the trailing stop which kicks in at the pairs individual Stoplevel have a look on the chart there will be a figure for the trailing Stop then check the pairs stoplevel they should be the same.
you might want to change up a time frame as on a 5 min TF you run the risk of opening 288 positions per day per pair that's if you account can open that many and none close out.
or you can just limit the number of total position with in the EA it is down to you.
The mm is a problem but, it is with most EA's the mqh file's are the risk elements 0.02 = 2% and the lot size would depend in the trailing stop which kicks in at the pairs individual Stoplevel have a look on the chart there will be a figure for the trailing Stop then check the pairs stoplevel they should be the same.
Where can I change the settings with the trailingstop?
Quote:
Originally Posted by Beno
you might want to change up a time frame as on a 5 min TF you run the risk of opening 288 positions per day per pair that's if you account can open that many and none close out.
wich Time-Frame do you suggest?
Quote:
Originally Posted by Beno
or you can just limit the number of total position with in the EA it is down to you.
I've limited the position size to 4 positions... It would better for testing this EA.....
This EA shows in the chart window "Trailing Stop is 20.0000"
Is it possible to edit this parameters?
Cause, in the last minutes there are huge volas.. an the open position for example went up to 3,50.... some seconds later its closed. I look in the history.... Result + 2,10
I think, the huge trailing is the cause... but i'm not shure.....
This EA shows in the chart window "Trailing Stop is 20.0000"
Is it possible to edit this parameters?
Cause, in the last minutes there are huge volas.. an the open position for example went up to € 3,50.... some seconds later its closed. I look in the history.... Result + 2,10 €
I think, the huge trailing is the cause... but i'm not shure.....
PS:
sry about my bad english... I'm working on it
alpari are a 5 digit brokers but the ea has not been adjusted. i will have a look and see if i can change it
Hello,
today I have watch on my trading results of tomorrow. I see that my
profit have a poorer performance concerning Swap. When is swap complicate
with the actually trading-positions? Is that always on a fixed moment?
Or go Swap activ, when I hold active Trades for a certain time?
Have all Brokers equal Swaps?
Is by a good positive Swap, trading possible, when I only make by reason of a swap a trade?
Swap-Trading possible?
Linear Mode
