jm2110

There is no possible way a system that only takes positions in one direction and never liquidates losses will not eventually destroy your account. TMT has solid theory behind it....FGT does not.

Had similar thing happen to me when first started with VPS.

 

Bill to give you confidence that it is now working correctly after you have opened a D1 chart run a backtest on your vps over the last couple of days and you will (hopefully!) see that it now doesn't pick up a trade yesterday.

If you look at your journal Bill at 7.150 on your demo and on vps you will see that today was a day where the ADR filter should have prevented a trade but I am guessing on the vps the adr value was returned as 0.0000. This is because the adr logic requires a d1 history and on your new vps if you have never opened a d1 gu chart then the ea had no history to look at . If you open a d1 chart on vps and leave it open this should prevent this happening again.

 

Here is a classic example of why you should continue updating here daily as it is a good cross reference for all and together we can share advice so please reconsider your decision to stop.

Rather than worrying about gmt offsets and summer time etc etc the easiest way to work out the correct time is that the standard FMT entry time always equates to 6.30 am in London....ie just as the first traders are sitting down at their desks. If your broker is gmt + 1 then yes that currently equates to 7.30 on your server but it gets confusing because London time is not always gmt time so best just to have a London clock on your pc and compare your server time (in the market data window ) vs that.

Hi Bill, I looked at your strategy tester results and just have a question on trade entry time. I thought I was fairly sure your brokers (name listed on report) server time is gmt + 1 ? Therefore if you were following a standard FMT strategy (6.30 am London) because current London = gmt shouldn't your entry time with your brokers server be centered around 7.30 am ?

 

I may have misunderstood your server time or you may intentionally be entering an hour earlier than FMT which is great if it tests well but the question is really just so I can confirm that my interpretation of the entry time is correct?

 

Also in the strategy tester report it mentions a 2hr expiry of signal parameter, I presumed this meant that after this period of time the trade would close regardless of where the market was at the time but in the message above you said you were in a trade for many hours. Does this mean you aren't using this parameter in live or do I misunderstand what this parameter means?

Thanks