10points 3.mq4 - page 165
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What does ToHourTrade do? Should I not set it to 24 so it trades 24 hours?
So to keep SL low I should keep Maxtrades, Pips and Initialstop low, correct?
What does ToHourTrade do? Should I not set it to 24 so it trades 24 hours? So to keep SL low I should keep Maxtrades, Pips and Initialstop low, correct?
For stop loss & pipstep & take profits, thats totally up to you to discover. So far I stick to maxtrade=5 or 6. Trading hour only applicable when Agressive_Mode=false. When running under conservative mode, it will not trade the entire NY(ultra high volume) & NZ(ultra low volume) session, only start looking at suitable trading signal after the Tokyo session. That is how I dodge the NFP & FOMC.
Regards,
David
Ok thanks and for some stoploss protection I'm going to try MaxTrades=4, pips=14, secureprofit=5, initialstop=1.
What? Which sudden move you referring to?:D
Regards,
DavidLooks like it took $1437 worth of profit today trading 30 lots total. That's a margin of $30,000.00 on a regular account with 1:100 leverage. Need a pretty hefty account for this.
Looks like it took $1437 worth of profit today trading 30 lots total. That's a margin of $30,000.00 on a regular account with 1:100 leverage. Need a pretty hefty account for this.
Well, you should read carefully on my statement. Its rather safer than any martingale system so far!
8101751 2007.03.07 15:15 buy 3.10 eurusd 1.3143 1.3052 1.3171 2007.03.07 21:25 1.3171 0.00 0.00 0.00 868.00
8085763 2007.03.07 09:32 sell 3.10 eurusd 1.3123 1.3214 1.3095 2007.03.07 15:15 1.3142 0.00 0.00 0.00 -589.00
8101032 2007.03.07 15:03 sell 6.20 eurusd 1.3141 1.3214 1.3113 2007.03.07 15:15 1.3132 0.00 0.00 0.00 558.00 lossing trade, close off due to trend change
8069789 2007.03.07 06:14 buy 3.00 eurusd 1.3132 1.3041 1.3160 2007.03.07 09:32 1.3124 0.00 0.00 0.00 -240.00
8084179 2007.03.07 09:09 buy 6.00 eurusd 1.3114 1.3041 1.3142 2007.03.07 09:32 1.3123 0.00 0.00 0.00 540.00
8056275 2007.03.07 01:12 buy 3.00 eurusd 1.3139 1.3048 1.3167 2007.03.07 06:14 1.3131 0.00 0.00 0.00 -240.00
8061256 2007.03.07 03:29 buy 6.00 eurusd 1.3121 1.3048 1.3149 2007.03.07 06:13 1.3130 0.00 0.00 0.00 540.00
Never got up to MaxTrade3 for the entire day. Take note. I have buy and sell in the same day. Its close and reverse function, not hedging.
Regards,
David
kool, i was just trying to get an idea of daily market exposure or magin used etc.
kool, i was just trying to get an idea of daily market exposure or magin used etc.
Here is some recommendation for Martingale based EA. It applied to all besides the entry sucks system. I'm sure most of them are efficient, such as Bluto's Goblin, its a very good candidate.
MaxTrade not more than 7, because you're going to burst your account during monster trend
Make sure your initial lot size(margin) is 1% of your account balance based on leverage 1:100 ONLY!
eg Account Balance= 1000 * 1% = 10 dollars
Initial lot size should be 0.10 on IBFX micro account or 0.01 on FXDD
These setup are always the big time survivor.
Regards,
David
Test Results
Attached are the files showing my test results from 6 March (2 days).
It was a flat day yesterday but V12 was still able to collect some bucks
My settings etc. are posted to here.
Nfp
Well it looks like I will be trading through the NFP afterall.
Previously I had posted that I would have to access my platform remotely because I would not be at my PC prior to the announcement. I have been able to access the platform but not the Expert Advisors. The Experts tab at the top of the page is off and when trying to access the EA's properties it indicates no advisor so even if I close down the trades chances are that they will reopen again from the advisor on my original log in.
I can see the trades and history but that is as far as I can go and I am not logged in read only.
Oh well if the NFP ruins the demo account I can always start off again.
John
Well it looks like I will be trading through the NFP afterall.
Previously I had posted that I would have to access my platform remotely because I would not be at my PC prior to the announcement. I have been able to access the platform but not the Expert Advisors. The Experts tab at the top of the page is off and when trying to access the EA's properties it indicates no advisor so even if I close down the trades chances are that they will reopen again from the advisor on my original log in.
I can see the trades and history but that is as far as I can go and I am not logged in read only.
Oh well if the NFP ruins the demo account I can always start off again.
JohnLOL leave the Aggressive_Mode=false do the job. I think it can handle it. But for your combo account...
Regards,
David