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As you might have noticed (with 3 active orders on one particular day few weeks ago) I've been tweaking the ARSP.
I changed the logic a little, so as a result we should see more trades every week, and sometimes even multiple trades every day.
ARSP is still FIFO compliant. It also remains compliant with new no hedging regulations.
Note that most of the time only ONE order will be alive.
Nevertheless I suggest you use brokers that have internal solutions to this - like FXDD in US (where I have my live and demo accounts based), or Alpari UK (althought since they introduced dynamic spread during night session they are not premium broker for scalping no more).
Ok, im going to try it again on my small Alpari US live account. When i tried it few weeks back there were few orders opened and i was getting error saying something about FIFO, so it seems it tried to close last trade 1st. I will try it and report back. Thanks for reply and info.
It seems that my modifications of the algorithm, do in fact allow some overlapping trades.
So, FOR NOW consider signal not FIFO compliant.
I will create a new signal that will do just one trade per day, and hopefully it will be approved within few days.
From today, a new signal Advanced Reverse Signal Processing NFA Compliant ia available!
With recent NFA regulations regarding FIFO and Non-hedging, and my recent tweaking (aug 15-20) of the algorithm to trade more frequently, my crown jewel signal ARSP (Advanced Reverse Signal Processing | Rent a Signal) is now non-NFA compliant.
As a solution, I created a simpler version of (new) ARSP algorithm. This one will honor all the NFA rules, and will only have ONE active trade at any time. (this way, there will be no hedging, and no problem with closing first orders first)...
It works with any broker, regardless of your base currency and country.
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If you want better results, I suggest you find yourself a forex broker that has internal solutions to NFA rules (FXDD is the only one I am aware of in US) or open an account with non-US brokers (CBFX.uk, Alpari UK, Alpari Russia...) and use Advanced Reverse Signal Processing | Rent a Signal ...
i am live with you can you please contact me my email is jim123456@inbox.com thank you i just want to ask about the new ea and when you contact me put the headline trading so i will know it is from you
1. it is a bad idea to post your email address in public forums (spam people will get it and your email box will be filled with crap)
2. you can ask anything ARSP and ARSP NFA related here in this thread.
3. if you absolutely need to ask something in private - use a PM (private message) function of this forum.
thanks,
Jaka
p.s. as you have seen ARSP got two bad trades in a row last week. this is due to my agressive settings and goal to have more trades... I am revising a take profit target of robot, so such excessive negative trades should be prevented in future.