Why don't they take the pips away from the champions? - page 5
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Well then, all the pipers go through the rules. They have a profit of 3 pips or more )))). But then the purpose of the stopslips is unclear. The rules say that EURGBP stops on EURGBP are from 4 pips. That's more than the spread. But as it turns out, it is possible to set a TakeProfit of 3 points, which is less than a StopLevel but exceeds the spread. How is it all related, is not clear?
Or should we calculate Stop Level + Spread? Or may we set a profit from spread to stop loss? Then why are there restrictions on stop levelling, if it does not work? Please, explain! I do not understand anything ))))
Leonid, have a look at my journal and see how a stop loss limit works.
Leonid, have a look at my journal and you will see how the stop levelling restriction works.
The rules say that EURGBP stops at 4 pips. You have a TakeProfit of 3 pips. Why? Why do you write it in the rules, from 4 pips? It's not clear to me. I did not find any explanation of this phenomenon in your journal. Or is TakeProfit not taken into account?
Automated Trading Championship 2008 Rules
Appendix 1: Contract specifications
hedging
Limit & Stops
EURGBP
Euro vs Great Britain Pound
100 000 EUR
1 000 EUR
500 EUR
2
4
Under the terms of the Championship, each Expert Advisor must correctly take into account the settings of financial instruments without any strictly defined parameters. Spreads and minimum pull-back from the market price can dynamically change depending on the market conditions. During periods of high volatility, before and during news hours, there might be problems with trade execution or modification of existing orders.
The rules state that the EURGBP stop loss should be 4 pips. You have a Take Profit of 3 pips. Why? Why do you write it in the rules, from 4 pips? It's not clear to me. I can't find any explanation of this phenomenon in your log.
Leonid Hello, Limit & Stops level = 4 this means 4-2(spread)=2 minimum TP = 2
Leonid Hello, Limit & Stops level = 4 this means 4-2(spread)=2 minimum TP = 2
Yes, but then it is equal to the spread? TP=Spread=2 Right?
Leonid, give me your inbox. I will explain everything. I don't want to do it in front of everybody.
A bribe? )))
Yes, but then it is equal to the spread? TP=Spread=2 Right?
Leonid, can I start by saying hello too.
No, TP=Spread=0
A bribe? )))
>> Well, suit yourself.
Leonid, let me start by saying hello too.
No, TP=Spread=0
Hello Vladimir! Sorry I did not say hello at once, it slipped my mind)))
Why ТР=Spread=0 and not ТР=Spread=2? But in any case Renat wrote -
Yes, trades with: 0 <= profit <= spread
As you wish.
Hello Pavel Vladimirovich!
I do not understand what is secret here? Why should only I know and not everyone here? )))) There's nothing secret, really. ))))