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06-04-2009, 08:45 AM
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Senior Member
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Join Date: Oct 2007
Posts: 138
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Quote:
Originally Posted by aurigafx
As far as I can see from the order management shown, there won't be possible to hedge orders anymore.
Also running different eas could result in a complete mess.
Just imagine if you have an ea working on a daily strategy and another working on the same pair on 5m timeframe. On a retracemen of d1 the 5m will close the position (if of the same size).
Am I getting it right?
If so, that's another great gift to brokers (witch are mt clients)!!!     (only 4 images allowed!)
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code a litle bit more and use magic numbers
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06-04-2009, 08:55 AM
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Member
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Join Date: Jul 2008
Posts: 42
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Quote:
Originally Posted by mudar
code a litle bit more and use magic numbers
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??????????
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06-04-2009, 01:34 PM
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Senior Member
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Join Date: Oct 2007
Posts: 138
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Quote:
Originally Posted by jet
Point me to a third party verified forex trading strategy with several years of live track record and shut me up. People like to think that forex trading is simple, but it is hardest. Stocks and futures are easier because you have skewed statistics to one side. Anyway, I would love to be proven wrong. PLEASE prove me wrong.
The only one I know of is the 2007 MT4 championship winner. His strategy quite complicated. He says this himself in his interview.
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Hey man ! if you are not making profit and forex is super hard for you, it does not mean is the same for all of us !
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06-04-2009, 01:50 PM
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Senior Member
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Join Date: Oct 2007
Posts: 138
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Quote:
Originally Posted by aurigafx
Flaming is never constructive at all.
I apologize if I got you wrong and eventually over reacted.
Still, the complaining on hedging is not clearly on NFA decision (we cannot do anything about it, can we?) but on the fact that mt5 is banning hedging completely, NFA on no NFA, and all brokers will surely switch to mt5 as soon as it will be avolilable, I bet on this. And this just buders me "a little" given the approach to automated trading I tried to explain and that I'm hardly implementing since years (still a long way to go to reach my goal and soon I'll have to change everthing  . Can I be a little annoyed?  ).
Talking about giving up trading, I'm not thinking about it at all. I'm trading from 1996 and trading for a living since 2000 (with all evidence with some success if I'm still alive  ).
On forex, I always used hedging to "work on" a long term position in the sense I tried to explain. If I'm on a weekly position, I always try to optimize it trading short term retracement letting the weekly position untuched. So far so good.
Even on future trading I've separate account for position trading and short term/intraday trading (no hedging allowed there!).
You are right, absolutely. We will find the way around this problem.
I myself just have to become a better coder. Never said or even thought to give up or surraunder.
As for your "informal" status at FF, no, I'm not aware of it. I used that expression ironically becouse of your quoting some ff member.
By the way, I was just trying to express my opinion on the matter, nothing else.
Everything is ok for me and I'm still interested in your opinion on my approach, whatever it is.
Regards
Rob
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JUST CHANGE YOUR STRATEGY !!
There are plenty good and profitable strategy just in this forum which are not using hedging. Maybe is time for your to look for an other profitable strategy.
The end of hedging is not the end of trading !!!
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06-04-2009, 02:01 PM
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Member
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Join Date: Jul 2008
Posts: 42
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Quote:
Originally Posted by mudar
JUST CHANGE YOUR STRATEGY !!
There are plenty good and profitable strategy just in this forum which are not using hedging. Maybe is time for your to look for an other profitable strategy.
The end of hedging is not the end of trading !!!
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You quoted all my message, but it seems like you did not spend a second to read even one word of it.
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06-04-2009, 05:56 PM
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Junior Member
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Join Date: Nov 2008
Location: Castellanza (Italy)
Posts: 3
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Hedging and multitradingsystems
For Lenar:
Dear Lenar,
when I heard that in MT5 every orders on the same pair will be melt in one I didn't believed it. Becauso for me and a lot of traders it is a non sense.
Now, we have more than one strategy that works on the same pair (using different Magic Number!). In the MT5 will be possible again or orders, like a melt result, will have a new ticket and 0 magic number ?
We are using hedging stategies and these methods permit us to omit the stop loss. Our EAs doing so gains a lots. In MT5 will not be possible ?
If the unique limitation to mantain separate orders is the need to manage stock and futures I believe that is enough to add a market constraint or to introduce a oveload of the OrderSend function, specific for that market.
The ours needs are to continue with the our EAs (result of expensive efforts) and add new functionalities and not to turn back or avoid the existents.
The need to recompile the EAs and Indicators is not so traumatic, but please, don't melt the order management. It is a wrong thing!
I have talk with some broker and everyone say me that for trading stock and forex I need two separete account. If it's true it is very simple to resolve the order management problems: if I trade with OTC account the order mantains old management way, i I trade on regolated market I need to use new OrderSend function that will be management with new management way.
Thanks for all you have done till now!
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06-05-2009, 07:02 AM
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Member
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Join Date: Jul 2008
Posts: 42
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Quote:
Originally Posted by Dainesi
For Lenar:
>cut...
The ours needs are to continue with the our EAs (result of expensive efforts) and add new functionalities and not to turn back or avoid the existents.
The need to recompile the EAs and Indicators is not so traumatic, but please, don't melt the order management. It is a wrong thing!
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Amen, my friend, amen!
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06-05-2009, 01:02 PM
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Junior Member
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Join Date: Nov 2008
Location: Castellanza (Italy)
Posts: 3
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Quote:
Originally Posted by aurigafx
Amen, my friend, amen!
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And now ... all together: alleluja!!!
I hope more we are to claim and more possibilities will be to push MetaQuotes to drop down the new order management idea.
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06-05-2009, 01:20 PM
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Senior Member
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Join Date: May 2006
Location: In the trading room !
Posts: 875
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Quote:
Originally Posted by Dainesi
And now ... all together: alleluja!!!
I hope more we are to claim and more possibilities will be to push MetaQuotes to drop down the new order management idea.
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Are you serious ?
Do you think metaquotes take care of forums ??????
LOOOOOOOOOOOLLLLLLLLLLLLLLLLL

__________________
Picasso is the best !
Last edited by Big Joe; 06-05-2009 at 01:26 PM.
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06-05-2009, 04:31 PM
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Senior Member
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Join Date: Oct 2005
Location: Netherlands
Posts: 138
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Quote:
Originally Posted by Big Joe
Are you serious ?
Do you think metaquotes take care of forums ??????
LOOOOOOOOOOOLLLLLLLLLLLLLLLLL

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Of course not, but why they have a big success on retail FX where many brokers use they platform? They are now removing one of the main the reasons of this success.
When brokers start to loose client base because of MT5 (and I am no doubt that this happen, as getting rid off multiply strategies support on a single account is IMHO shoot in the foot) then there probably a new solution pop up as the nature don't like emptiness. There was a trading before metatrader there will be trading after it.
They should look on Microsoft, you can till run on Vista legacy code dating from 80. Find some obscure application, and no problem. Removing back wards compatibility with MT4 code is not very wise decision. If Microsoft did that today there would be no Microsoft.
There is no point discussing this with Metaquotes as we are not direct clients of them and they don't care. Brokers would not care about Metaquotes when retail clients start to move to another platform neither. Competition enough and I hope someone out there is already preparing for a big cake.
__________________
Lot of pips in black.
Searching for professional MetaTrader programming service? Try http://www.mqlservice.net
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