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Thanks teldon. I am going to test your settings on the GBP/JPY pair (my fave) and post back the results. I already started messing around with other settings live so I can't post from a fresh account, but what I'm going to do is simply post saying if after I implemented your setting the EA started to perform better.
Although I think Next Trade being set to 18 is not going to do with GBP/JPY as that pair is a real mover if you know what I mean. Maybe something over 25 may be good. I'll try it with 18 however and see where it leads. Cheers. |
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Quote:
Whan i will be at home i will try to see if i must change my settings. These are my detailed statements since the beguinning of TFX try(i just avoid my name and the number of my real account). |
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Working on this option right now.
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Teldon, I tried your settings on both GBP/JPY & EUR/JPY and had no success. The EA basically loaded itself with a huge loss and seemed like it was getting nowhere.
Anyone have any suggestions as for setting to be used with the cross pairs? |
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can you post your statement please
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I was going to but I started testing another EA on the same account and the results are now contaminated. I think though the lesson for me was that the Next Trade for these two pair needs to be a lot higher than 15 or 18.
I'm thinking of sticking to less volatile pairs like the eur/usd or maybe gbp/chf, eur/chf, etc. On that note has anyone found a somewhat profitable setting for this EA? Last edited by allinvain; 01-29-2008 at 02:10 PM. |
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Found something strange in my live trading (version 1.4 this time) in GBPJPY.
This morning (9:33) EA open a 0.01 buy at 212.25 with NextTrade at 100 pips and SL of 10% and TP of 1 % the At 14:35 EA open an other buy trade of 0.02 at 213.35. At 14:48 EA close with profit my first trade (0.01) at a price of 213.40. Ea only closed this trade not the second trade ?! At 15:08 EA open a sell trade (0.03) at 212.35. I am surprise that EA open the second trade (0.02) at 213.35 and not at 213.25 --> i choosed a slippage of 8 pips not 10 ? I am more surprise that the TP was only for one trade and didn't close all orders. Do you know why wolfe ? |
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One of the things I've noticed is that we get further and further away from the goal as more positions are opened as each adds another "spread" to the floating loss which makes the job of catching up progressively harder as price then needs to move much further in a given direction without a reversed entry to have any hope of closing the series.
Not sure how best to overcome this issue but it will blow up the account at some point if left unchecked. This is especially a problem with wide spread pairs like GJ. I've tried using a very small lot increment and this does help but the account will still blow at some point. Thinking caps on, guys! |
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