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Re: DRAGONPIPS

 

I would avoid Alpari(UK) running Dragonpips or any EA that has stoploss orders. I was stopped out of my trade with Dragonpips at 25pips away from the price on Alpari(UK)!

 

The spread on Alpari(UK) suddenly widen to 25pips, hitting my stoploss, but the price did not move!

 

I wrote to Alpari(UK) on the matter and was told that they just follow what the market spread was because they floated their spreads. So what this means is that if due to liquidity problem in the market and the spread go to 100pips, they can eat your stoploss orders even if the price did not move.

 

I am now looking for another broker that has fixed spreads to run the dragonpips EA.

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Re: DRAGONPIPS

 

First time using dragonpips since last night. Here is my results.

 

6836402 2009.08.20 18:00 buy 0.05 eurchf 1.51580 1.51330 1.51767 2009.08.20 21:12 1.51607 0.00 0.00 0.09 1.27

6839788 2009.08.20 20:43 sell 0.04 eurchf 1.51544 1.51837 1.51498 2009.08.21 00:12 1.51547 0.00 0.00 -0.23 -0.12

 

I am doing it live with Forex.com UK.

Trading time is 18 to 3 GMT.

Risk is 25%.

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Re: DRAGONPIPS

 

I can testify to the fact that TADAWUL is terrible if you're trying to compare demo results vs. live results. From what I hear, they apply some kind of a filter on their live feed. If you take any chart in their demo platform and compare it with live ticks, you can clearly see the differences between the two!

 

By the way, their name is just one letter short of being a TAD-AWFUL , hahah! ;-)

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Re: DRAGONPIPS

 

2560943 2009.08.24 19:09 sell 0.20 eurchfjfx 1.51827 1.52093 1.51707 2009.08.24 19:16 1.51795 -1.00 0.00 0.00 6.03

2560991 2009.08.24 19:25 buy 0.20 eurchfjfx 1.51770 1.51457 1.51843 2009.08.24 19:28 1.51812 -1.00 0.00 0.00 7.91

2561518 2009.08.24 21:16 sell 0.20 eurchfjfx 1.51793 1.52064 1.51748 2009.08.24 23:39 1.51772 -1.00 0.00 -0.87 3.96

 

Using Jadefx Demo.

Seems nice.

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Re: DRAGONPIPS

 

Open time Type Size Pair Price S/L T/P Close time Price Comm Taxes Swap Pips Profit

2009.08.20 00:45 sell 4.80 eurchf 1.5163 1.5187 1.5156 2009.08.20 01:00 1.5159 0.00 0.00 0.00 4 180.25

2009.08.20 01:25 sell 4.90 eurchf 1.5164 1.5190 1.5156 2009.08.20 01:44 1.5160 0.00 0.00 0.00 4 183.99

2009.08.20 01:44 buy 5.20 eurchf 1.5160 0.0000 0.0000 2009.08.20 02:26 1.5161 0.00 0.00 0.00 1 48.80

2009.08.21 00:12 sell 5.30 eurchf 1.5159 0.0000 0.0000 2009.08.21 01:38 1.5156 0.00 0.00 0.00 3 149.66

2009.08.24 22:29 sell 5.40 eurchf 1.5183 1.5215 1.5175 2009.08.24 22:30 1.5179 0.00 0.00 0.00 4 203.37

2009.08.24 22:41 buy 5.50 eurchf 1.5177 1.5152 1.5185 2009.08.24 23:47 1.5180 0.00 0.00 0.00 3 155.44

2009.08.24 22:41 buy 5.50 eurchf 1.5177 1.5145 1.5185 2009.08.24 23:50 1.5180 0.00 0.00 0.00 3 155.44

2009.08.25 01:00 sell 5.70 eurchf 1.5182 1.5207 1.5175 2009.08.25 02:04 1.5179 0.00 0.00 0.00 3 161.02

2009.08.25 01:00 sell 5.70 eurchf 1.5182 1.5207 1.5175 2009.08.25 01:55 1.5181 0.00 0.00 0.00 1 53.64

2009.08.25 01:00 sell 5.70 eurchf 1.5182 1.5214 1.5175 2009.08.25 02:04 1.5178 0.00 0.00 0.00 4 214.71

 

My result today.Anyone have new version please share.(This EA so far so good :D :D )

 

My stats.

http://save2009.mt4stats.com/

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Re: DRAGONPIPS

 

This ea is pretty consistence in making profit on eurchf from GMT 2000hrs to GMT 2200hrs. However, there is 1 problem while running live on Alpari(UK).

 

That is when the spread widen to 30pips suddenly for a few seconds, it stops me out and eat my stoploss order even when the price didn't move.

 

So, I have some suggestions to make this ea even better. I hope someone who can write in mt4 program language can help.

 

1) make the stoploss in stealth mode.

2) allow us to change the stoploss values

3) make it auto detect GMT offset. (So that when we share our settings, this time setting can be standard)

4) make it such that for stoploss to be activated, the other price must be Xpips near the stoploss order. eg. If I have a sell at 1.3000, my stoploss is... say 25pips away from my sell entry at 1.3025. In order for my stoploss to be activated, the bid price must be at least 5pips away from my stoploss order. That means the bid price must move up to at least 1.3020 in order for my stoploss of 1.3025 to be activated to close with whatever ask price above the bid price.

 

This will prevent brokers who take advantages of the sudden wide spread from the mkt to eat out stoploss orders during those quiet market time when the price didn't even move.

 

Any programmer out there want to help?

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Re: DRAGONPIPS

 

save2009, Can you please post settings/version/broker?? thanks

 

here is my results with the settings you posted in the beginning... eur/chf - alpari UK - v3 universal

 

2009.08.24 21:28 sell 0.20 eurchf 1.51813 1.52133 1.51722 2009.08.24 21:41 1.51777 0.00 0.00 0.00 4 6.78

2009.08.24 21:35 sell 0.10 eurchf 1.51810 1.52130 1.51722 2009.08.24 21:41 1.51778 0.00 0.00 0.00 3 3.01

2009.08.24 21:35 sell 0.10 eurchf 1.51812 1.52132 1.51722 2009.08.24 21:41 1.51777 0.00 0.00 0.00 4 3.29

2009.08.24 21:35 sell 0.10 eurchf 1.51816 1.52088 1.51722 2009.08.24 21:41 1.51786 0.00 0.00 0.00 3 2.82

2009.08.24 21:35 sell 0.10 eurchf 1.51816 1.52136 1.51722 2009.08.24 21:41 1.51780 0.00 0.00 0.00 4 3.39

2009.08.24 22:16 sell 0.20 eurchf 1.51808 1.52066 1.51722 2009.08.24 22:35 1.51777 0.00 0.00 0.00 3 5.84

2009.08.24 22:17 sell 0.10 eurchf 1.51811 1.52131 1.51722 2009.08.24 22:33 1.51781 0.00 0.00 0.00 3 2.83

2009.08.24 22:19 sell 0.10 eurchf 1.51811 1.52131 1.51722 2009.08.24 23:30 1.51780 0.00 0.00 0.00 3 2.92

2009.08.24 22:19 sell 0.10 eurchf 1.51815 1.52135 1.51722 2009.08.24 22:33 1.51781 0.00 0.00 0.00 3 3.20

2009.08.24 22:21 sell 0.10 eurchf 1.51815 1.52135 1.51722 2009.08.24 22:33 1.51784 0.00 0.00 0.00 3 2.92

2009.08.24 22:47 sell 0.10 eurchf 1.51848 1.52066 1.51741 2009.08.24 22:48 1.51814 0.00 0.00 0.00 3 3.20

2009.08.24 22:50 sell 0.20 eurchf 1.51817 1.52066 1.51741 2009.08.24 23:18 1.51786 0.00 0.00 0.00 3 5.84

PIPS TOTAL: 39

Closed P/L: 46.04

 

http://corrupt05dp.mt4stats.com/

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Re: DRAGONPIPS

 

sorry i've a question

 

should i use it lonely in MT4 or it's work with other EAs? because it doesn't trade for me on live but surprisingly when i make backtest it does trade!!! :huh: :-??

 

anyone knows what should i do?! i'm also live with MDpro and BankingFx and Genius, is there any conflict between Dragon with these EAs?!

tnx for any help in advance :)>-

LAL: Laugh At Life

it's too short to be sad..

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Re: DRAGONPIPS

 

2570751 2009.08.25 18:00 buy 0.20 eurchfjfx 1.51759 1.51439 1.51890 2009.08.25 19:53 1.51790 -1.00 0.00 0.00 5.84

2571353 2009.08.25 19:38 sell 0.10 eurchfjfx 1.51772 1.52019 1.51694 2009.08.25 22:34 1.51763 -0.50 0.00 -0.44 0.85

2571441 2009.08.25 19:53 sell 0.20 eurchfjfx 1.51786 1.52110 1.51694 2009.08.25 22:34 1.51760 -1.00 0.00 -0.87 4.90

2573408 2009.08.26 00:23 sell 0.10 eurchfjfx 1.51794 1.52044 1.51711 2009.08.26 00:30 1.51762 -0.50 0.00 0.00 3.01

2573442 2009.08.26 00:23 sell 0.10 eurchfjfx 1.51782 1.52114 1.51711 2009.08.26 00:30 1.51748 -0.50 0.00 0.00 3.20

2573747 2009.08.26 00:54 buy 0.10 eurchfjfx 1.51756 1.51500 1.51796 2009.08.26 01:43 1.51765 -0.50 0.00 0.00 0.85

 

Wow.... EurChf is cool.

Running Jadefx Demo. From 1800Hrs to 0300Hrs, 50% Risk

Still got 2 more trades opened.

 

Tonight, Will test with EU from 1800Hrs to 2300Hrs. Backtest seems good at this time.

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Re: DRAGONPIPS

 

nicholasmead this post was at the bottom of the previous page, unsure if this is what you are after?

 

 

Cheers Bud, dont know how I missed it X_X . I've been demoing v2 with good results, what are the main differences with v3. So far just been testing eurchf on fxdd demo acc. 22 thru 1 risk 40. I think this EA has a lot of potential.

 

regards

 

N

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