PIPSTRIDER by F0REX-G0LDMINE

[cnuse]

By taipan's request,1.29 is educated at http://www.4shared.com/file/qv_ujQNz/PipStrider.html. No dll needed.

[anzeigenmichel]

By taipan's request,1.29 is educated at http://www.4shared.com/file/qv_ujQNz/PipStrider.html. No dll needed.

 

thank you very much!

[awsl]

1)Have a question regarding the parameter WaitPips, does anyone know what is the purpose?

 

this is not in the previous user guide, does anyone have an updated version, tks.

 

2) For the parameter DisrupterClose, is it referring to the TP setting after the disrupter is activated?

e.g TP 10 means take profit 10 pips?

[taipan]

1)Have a question regarding the parameter WaitPips, does anyone know what is the purpose?

 

this is not in the previous user guide, does anyone have an updated version, tks.

 

2) For the parameter DisrupterClose, is it referring to the TP setting after the disrupter is activated?

e.g TP 10 means take profit 10 pips?

 

See the goldmine forum about the wait pips on pip$trider v1.29:

 

New TradeRange settings for the AUDCAD are now suggested based on extensive testing and greater profitability. We now suggest TradeRange=15 and ExpandPips=0 and ExpandPips2=0. See the new included "latest" preset file as well as the PDF manual for details on all new recommended settings. The default settings for the EA now reflect the new suggested settings for the AUDCAD.

 

A new AllowLotsBeyondMaxSize setting allows you to turn the function on or off that opens up multiple trades if the EA wants to open a lot size greater than the broker max lot size. It is recommended that this be set to false and that function disabled unless your account is large and you actually need it.

If true, then if the EA needs to open up a trade of 53.50 lots, and the broker max is 50.0 lots, then it will open 2 trades; 1 at 50.0 lots and the other at 3.5 lots. If false, then it will open up a trade of 50.0 lots (if that is the broker max), and will not open additional trades to make up the difference. The EA will do better in periods of extreme price volatility if this is left at false. This function was active in previous versions, but this new setting allows you to turn it off if not needed.

 

A new WaitPips setting allows you to delay open of a trade until the prices move x pips down in the case of a buy trade and x pips up in the case of a sell trade. The default for this setting is 0, which means it is not used, and it is suggested that you leave it at 0, but it is still provided for testing and experimental purposes. If set to anything other than 0, then the EA delays the opening of trades only at the beginning of a new trade sequence. Subsequent trades within each sequence open immediately as they are called for.

 

(As far as the new setting on the AUDCAD, with the martingale disrupter turned off, keep in mind that the martingale disrupter is really needed when you have trades that are 80-120 pips apart, because of the large amount of retracement. It can easily knock 20-40 or more pips off the required retracement. However, if you are using only a 15 pip TradeRange, the disrupter may knock 4-5 pips off of the required retracement. So while it can get you out of a trade sequence a little earlier, in actual fact it is not worth it in comparison to the extra profit you make with it turned off. So that is why we have it turned off. We have tested it both ways, and it actually does better at this low TradeRange with MartingaleDisrupter turned off. The extra risk, if any, is very miniscule. If you are trading a larger TradeRange, then by all means, the Disrupter is necessary and highly recommended.)

 

The new PipStrider 1.27 is available for download, in the Members Area.

 

Thanks are welcome.

taipan

[edatw3]

Dangerous EA