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  #3951 (permalink)  
Old 09-01-2009, 10:39 PM
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Red face Can anyone tell me please if 10points3 remembers Lot#

Can anyone tell me please if 10points3 remembers Lot number to open? When 10pts3 is turned off then on, does it forget lot number to open or any other important things? My metatrader is on a V.P.N. It will turn off during the weekend! -Thanks!
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  #3952 (permalink)  
Old 09-01-2009, 11:57 PM
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Quote:
Originally Posted by ialexalex View Post
Can someone tell me

how is it possibile to set the EA to open positions with more lots?

I mean this EA does really work but it opens positions with very small lots, like 0.1 and 0.2
(I tryed of course to set 1.0 under Lots in Inputs, but it still does open tiny lots)

My idea is to deposit 10k Live and set it to open 1.0 lot per trade and see how it can perform in 6 months with EU.

(Do you guys also suggest to shut down this EA during FOMC release and huge news?)
Don't throw your money, remember it's a martingale system. Every martingale system needs to start with the least volumen, even better with nanolots (0.01). Don't be hurry, that's one of the reason why 90% of forex traders lose his/her money.

I don't know which version are you using of 10points3, but as I remember you can set the initial lots ("Lots" variable")
I recommend you to read the whole thread before putting real money on it. And you better going on demo for a couple of months first.

Regards,


Marcel
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  #3953 (permalink)  
Old 09-02-2009, 12:05 AM
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Quote:
Originally Posted by Trader4321 View Post
Can anyone tell me please if 10points3 remembers Lot number to open? When 10pts3 is turned off then on, does it forget lot number to open or any other important things? My metatrader is on a V.P.N. It will turn off during the weekend! -Thanks!
Yes, it always take initial lots, and counts open trades to calculate next lot to open. Be aware that if you (or your broker) close one position, the remaining positions will close automatically, too.

I recommend you to test it on demo first for a couple of months before put it on your real account.

Regards,

Marcel
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  #3954 (permalink)  
Old 09-03-2009, 12:42 AM
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Thanks Marcel!

Thanks Marcel! I was thinking of a 300$ account on IBFX with nano lots instead of demo, If backtesting on IBFX data gives profit like I have from Alpari and Mataquotes. I read Demo accounts do not always close when loosing too much money! On this forum many people seem to do better on demo then live accounts. Suspicious . . .
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  #3955 (permalink)  
Old 09-03-2009, 05:45 AM
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Quote:
Originally Posted by Trader4321 View Post
Thanks Marcel! I was thinking of a 300$ account on IBFX with nano lots instead of demo, If backtesting on IBFX data gives profit like I have from Alpari and Mataquotes. I read Demo accounts do not always close when loosing too much money! On this forum many people seem to do better on demo then live accounts. Suspicious . . .
I think one difference between demo and real is more requoting in real, but its significant if you are a scalper, or if the broker isn't have a good interbank pricing sources, or his client base is too small. But the main difference between demo and real performance, I think is trader's psychology. Fear and greed come into the real game trading.

Otherwise, I don't think 300 bucks is enough even on a micro account on IBFX (it's micro - 0.01 lots - , not nano -0.001 lots) to tes 10points3. I advice to try FxOpen or InstaForex instead, they truly have nanolots - .

I've abandoned to trade with 10points3 - really risky, like any martingale system-, but gave me some knowledge about how to trade right forex (right for me, of course), but I'm now pretty much conservative.

One last advice - NEVER EVER trust backtesting. Backtesting is only to know if your EA is doing their tasks fine.

Regards,

Marcel.
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  #3956 (permalink)  
Old 09-05-2009, 06:41 AM
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Quote:
Originally Posted by marcelcorzo View Post
I think one difference between demo and real is more requoting in real, but its significant if you are a scalper, or if the broker isn't have a good interbank pricing sources, or his client base is too small. But the main difference between demo and real performance, I think is trader's psychology. Fear and greed come into the real game trading.

Otherwise, I don't think 300 bucks is enough even on a micro account on IBFX (it's micro - 0.01 lots - , not nano -0.001 lots) to tes 10points3. I advice to try FxOpen or InstaForex instead, they truly have nanolots - .

I've abandoned to trade with 10points3 - really risky, like any martingale system-, but gave me some knowledge about how to trade right forex (right for me, of course), but I'm now pretty much conservative.

One last advice - NEVER EVER trust backtesting. Backtesting is only to know if your EA is doing their tasks fine.

Regards,

Marcel.
I will be very suspicious of the back testing results, and remove 10pts3 during all large news events too, hopefully avoiding disaster. Good luck Marcel
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  #3957 (permalink)  
Old 09-05-2009, 06:59 AM
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Quote:
Originally Posted by marcelcorzo View Post
Otherwise, I don't think 300 bucks is enough even on a micro account on IBFX (it's micro - 0.01 lots - , not nano -0.001 lots) to tes 10points3. I advice to try FxOpen or InstaForex instead, they truly have nanolots - .
Marcel.
IBFX also has nano-lots. (Cent a pip)
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  #3958 (permalink)  
Old 09-05-2009, 03:58 PM
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Quote:
Originally Posted by IamTHAT View Post
IBFX also has nano-lots. (Cent a pip)
Yes you're right!
I didn't notice that because since they don't allow hedging (due to NFA regulations) I don't trade with them (I've opened an account with them but never credit it)
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  #3959 (permalink)  
Old 09-28-2009, 02:34 PM
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A good Starting Point

Hi There,

I am new to this exciting thread... it has grown far too large to digest quickly.

Can anyone tell me which/where to get the recommended version ?
Also, any set files for the recommended pairs ?

Thanks alot.
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  #3960 (permalink)  
Old 09-29-2009, 06:24 AM
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Here is a resume from NewDIgital:
10points 3.mq4

There are a lots of versions, may be you can pick one of the mentioned post and look at related posts to find a good set.

Regards,

Marcel
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