Originally Posted by mikon12

John,
thank you very much for your hint.

Unfortunately this cannot be the cause of the problem.

I have a mini InterbankFX live-account.
There the symbols have the "m" attached.
EURUSDm for example.
I have the 10points3 running with 0.1 lot-size ( 10 cents per pip ) and it works perfectly.
It has no problems with the symbol.

Then I have the 10point3 running at FXDD (micro, which allows 0.01 lot-sizes) and it again works with lot-size 0.1 but does not work with lot-size 0.01.
It opens the first position with 0.01 , then it is not able to double the position when necessary. It is like a dead rat.
When the first position reaches tp, the position is closed with the profit.
Then it opens a new position with 0.01 lot-size and is dead again.

I have no idea why this happens.

Originally Posted by mtaboneweb

I felt it was also important to mention that I have never gone over 4 trades on the EUR/USD although I did make the changes to SecureProfit and OrderstoProtect to insure a greater profit when they closed with more than 2 positions. What was happening is that by default OrderstoProtect is 3 and when you reached a 3rd position it would be looking to get out with 10pt SecureProfit. My changes to these settings allows me not to panic until I have hit the 4th (less frequent) position and then even when that happens try for 14pts instead of 10.

The USD/CHF just brought my account balance down in a live scenario and has been rising very nicely since the changes and running only the EUR/USD. Also, I never turn off the software. I have never manually closed trades. Anything that happens is allowed to happen regardless of reports, news, the weekend, etc. This may sound dangerous to some and I guess someday it may be but these events all cause the market to actually move rather than flat lining for hours/days. In my opinion, so far, I look forward to these times and has actually helped the market to move enough to close some trades (with a profit every time so far). So far, even if it goes slightly in the wrong direction and opens a 2nd, 3rd, 4th, position it has always backed off a bit before continuing which is where I make a bigger profit because of more trades in larger amounts unless it is 4-6 which is more modest. I don't get upset if it opens 2-3 because I know that the profit will be larger and I still have room/time to close.

Here is an update I just ran which shows 3 open positions that may go to 4 but if it sinks enough it will be a decent profit at 3 trades. The lot sizes are screwed up because I was testing the MM after the 1st position was already open and it seemed like no matter how low I went it would not start below 0.30 lots. Right now I am starting at 0.24 which is right where I want to be. I will have to experiment more.

Thank you to everyone for all the support, information, teamwork, etc. I feel far better with this EA and setup than I have with anything else I've tried in the past 12 months and it's all automatic in 1 piece of software. I have written well over 100 variations of scripts for Intellicharts using almost every indicator available and many combinations with great results thru back testing but always fell apart in a live situation. The idea of opening a double position each time you go in the opposite direction to give you another chance and secure a profit at the same time seemed crazy to me at first but it really does work. The person who originally wrote this EA is the one who greatly deserves my thanks and also to everyone else who has contributed.

Originally Posted by kentashiburo

If you set it to 0 you will have no stoploss whatsoever.
Stop loss can be deducted:

if
PIPS=X
MAxtrades=Y
then StopLoss= (X+1)*y,

Pips=5
MAxtrades=5
Stoploss = (1+5)*5=30

kt

Originally Posted by kenari05

i am a believer of this EA... i think you will make a success when the setting is right..i mean in the long run...

what is the latest EA posted in order to open 0.02 and 0.04 for micro?

Originally Posted by kenari05

thanks so much dude....i managed to get it right...i am now running it to my real account usd1,000 and now profit +120. i have my own setting to trap the market. now looking good.

it has a lot of potential. i have tried to set stop loss, but the result without stop loss is far more tremendous...

what is the function for startyear, start month, endyear,endmonth,endminute???

i think for those using ex4 file, is that the dateline for them able to use?

Originally Posted by furious_angel

i made contact with the author of this ea.. and asked him to share a little more about the mm setting..
here is the response i recieved..


mm means money management, and is used to calculate the initial Lots for the
first order to open.

If mm is equal cero, then the EA will use the value of the Lots parameter for
the first order.

If mm is equal to one, then the first order lots size will be calculated based
on the account balance size.

This value is related with the next 2 parameters:

risk=12
AccountType=1

If you increase risk the lots sice value will increase.

Account type is to indicate if you has a micro/mini or normal account:

AccountType=0 Normal account
AccountType=1 Mini account
AccountType=2 Micro lots account

Regards
Alejandro Galindo

i am hoping that this will enable better control.

Originally Posted by kenari05

thanks so much dude....i managed to get it right...i am now running it to my real account usd1,000 and now profit +120. i have my own setting to trap the market. now looking good.

it has a lot of potential. i have tried to set stop loss, but the result without stop loss is far more tremendous...

what is the function for startyear, start month, endyear,endmonth,endminute???

i think for those using ex4 file, is that the dateline for them able to use?