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(Req) Iris FX


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Posted (edited)

does anyone have the manual?

 

any description of the 3 strategy?

 

 

so far back test shows strategy 1 & 3 is more consistent with small profits. strategy 2 incurs more lost.

 

is the different strategy suppose to be use at certain time of day or situation?

Edited by awsl
  • 2 weeks later...
Posted

Im getting error message for strategy 1 on AlpariUK live acc.

 

2011.04.25 08:40:33 IrisFx_EA EURUSD,H1: invalid takeprofit for OrderSend function

 

What could be the reason?

Posted
Im getting error message for strategy 1 on AlpariUK live acc.

 

2011.04.25 08:40:33 IrisFx_EA EURUSD,H1: invalid takeprofit for OrderSend function

 

What could be the reason?

 

take profit is too close to price.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

Posted
take profit is too close to price.

 

Thx. thats what I see regards the error message..the questionis is how can it be? on Alpari UK demo there is no such error, but on live account?

Posted

alpari demo is their 'fancy' $50k account system. their classic account is not the same as their demo. one of their 'marketing' tricks to put it in the nicest terms.

 

there's a minimum distance that stops must be put away from the price. i cant remember if there's a stealthmode on the EA or not.

 

either way chasing 1 to 2 pip take profits is going to have them slipped away with nothing to show for the trade.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

Posted
alpari demo is their 'fancy' $50k account system. their classic account is not the same as their demo. one of their 'marketing' tricks to put it in the nicest terms.

 

there's a minimum distance that stops must be put away from the price. i cant remember if there's a stealthmode on the EA or not.

 

either way chasing 1 to 2 pip take profits is going to have them slipped away with nothing to show for the trade.

 

I'm aware of this, but here we talking about TP, not the SL restriction... I have to investigate this issue with Alpari tech support

Posted
take profit is a 'stop'. i believe the distance is about 5 pips on alpari.

"It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book."

Victor Niederhoffer (1943–), US hedge fund manager and statistician

  • 1 month later...

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