⭐ Polleczko Posted May 25, 2011 Report Share Posted May 25, 2011 Where is the stop loss? Because I have open two usdchf trades since yesterday, and they are right now -130 and -140 pips! Horrible, and no stop loss (0.00000), When does he close this trade, if he never goes into positive profit?? There is no stop loss. If U have two open usd/chf trades in one direction there is something wrong. Try another broker, and run it on default settings. Quote Link to comment Share on other sites More sharing options...
dingueling Posted May 25, 2011 Report Share Posted May 25, 2011 I have also 2 buy USDCHF .Broker Alpari UK. Quote Link to comment Share on other sites More sharing options...
grooter Posted May 25, 2011 Report Share Posted May 25, 2011 my open trades - is there something wrong? 5x USDCHF long 2x USDJPY short 2x GBPUSD long 2x NZDUSD short 2x USDCAD short Quote Link to comment Share on other sites More sharing options...
fxtrader4x Posted May 25, 2011 Report Share Posted May 25, 2011 I have also 2 buy USDCHF .Broker Alpari UK. Hi 50 pips and all here, I have many pairs in the same direction (with different price and time). Additionally: 1. who use it with 1:500 leverage and found right settings? The settings must be INVERS with this leverage! But I cannot find the optimum. The EA closed the orders with loss (because if you have for example sell and buy your orders will be closed mostly all simultaneously with loss because used margin is too low. 2. My EA opens always usdcad sell (even if it should be BUY). What is wrong? And why so USDCAD sit in input twise as cross 7 true and cross 8 true? Thanks a lot in advance Quote Link to comment Share on other sites More sharing options...
fx4_ever Posted May 25, 2011 Report Share Posted May 25, 2011 my open trades - is there something wrong? 5x USDCHF long 2x USDJPY short 2x GBPUSD long 2x NZDUSD short 2x USDCAD short It works in pairs. So, sort them out by open time and see how it was open. That is the reason that there are many same pairs opened, but I bet all same pair did not all opened at the same time. Quote Link to comment Share on other sites More sharing options...
grooter Posted May 25, 2011 Report Share Posted May 25, 2011 two of the USDCHF opened exactly at the same minute. Wondering if they are still tracked, or if I should close something. Quote Link to comment Share on other sites More sharing options...
fx4_ever Posted May 25, 2011 Report Share Posted May 25, 2011 two of the USDCHF opened exactly at the same minute. Wondering if they are still tracked, or if I should close something. In my experience, even though it is exactly same time, it must opened with other pair. ex: it's always even number of trades. 2, 4, 6, 8, 10, etc... My case, I have nzd/usd + usdchf opened at the same time. aud/usd + usdchf opened at the same time, usd/cad + usd/chf opened at the same time. But, depend on your connection to the broker or server connection or whatever reason, one of the orders maybe slightly different time (just few seconds different) or maybe 4 orders opened at the exact same time, thus, it appear to be it opened multiple orders. Just observing from my own experience. grooter 1 Quote Link to comment Share on other sites More sharing options...
fxtrader4x Posted May 25, 2011 Report Share Posted May 25, 2011 In my experience, even though it is exactly same time, it must opened with other pair. ex: it's always even number of trades. 2, 4, 6, 8, 10, etc... My case, I have nzd/usd + usdchf opened at the same time. aud/usd + usdchf opened at the same time, usd/cad + usd/chf opened at the same time. But, depend on your connection to the broker or server connection or whatever reason, one of the orders maybe slightly different time (just few seconds different) or maybe 4 orders opened at the exact same time, thus, it appear to be it opened multiple orders. Just observing from my own experience. Thanks, fx4_ever, the clear answer. But what about the settings with high leverage? Do you have any idea? Quote Link to comment Share on other sites More sharing options...
fx4_ever Posted May 25, 2011 Report Share Posted May 25, 2011 Thanks, fx4_ever, the clear answer. But what about the settings with high leverage? Do you have any idea? I have no idea about that. My settings posted on #89. I have 50:1 leverage and that settings works for me so far. If you have 500:1 leverage, i guess you can up the lot size, but 500:1 leverage has whole different rules by broker vs 50:1. So, you need to work that out for yourself and demo test for awhile and see. Quote Link to comment Share on other sites More sharing options...
grooter Posted May 25, 2011 Report Share Posted May 25, 2011 High leverage does not help at all. If drawdown gets too big it will lead to a margin call, forced close of positions in loss, so system is not balanced anymore. Quote Link to comment Share on other sites More sharing options...
⭐ Polleczko Posted May 25, 2011 Report Share Posted May 25, 2011 Exacly as fx4_ever said... on my Fxpro is always open with other pair. At the moment i've got: -sell usd/jpy -buy usd/chf -buy usd/chf -sell usd/cad Quote Link to comment Share on other sites More sharing options...
Chip4Pips Posted May 25, 2011 Report Share Posted May 25, 2011 my open trades - is there something wrong? 5x USDCHF long 2x USDJPY short 2x GBPUSD long 2x NZDUSD short 2x USDCAD short I don't think anything is wrong; the strategy is currently in DD for me, as well. My open basket at Oanda is: 4x USDCHF long 3x GBPUSD long 1x EURUSD long 2x USDCAD short 2x NZDUSD short 1x AUDUSD short 1x USDJPY short We'll see how it goes. grooter 1 Quote Link to comment Share on other sites More sharing options...
jerrydeng Posted May 25, 2011 Report Share Posted May 25, 2011 If occasionally，my pc run down or network broken, and i restart pc and EA. Has it influence to the EA running? Quote Link to comment Share on other sites More sharing options...
fx4_ever Posted May 25, 2011 Report Share Posted May 25, 2011 If occasionally，my pc run down or network broken, and i restart pc and EA. Has it influence to the EA running? If delta gets up during those downtimes, EA may not be able to open new orders or if your current order reaches TP, EA can't closed. Other then that, I don't see any issues. Quote Link to comment Share on other sites More sharing options...
Chip4Pips Posted May 25, 2011 Report Share Posted May 25, 2011 If occasionally，my pc run down or network broken, and i restart pc and EA. Has it influence to the EA running? This should be easy enough to test. If you have a demo setup on VPS, simply force a reboot and then observe what the EA does in the MT4 terminal window. Does it retain the delta's or recalc them? Does it start opening new positions? That's how to answer your question. I have not yet done this myself. Quote Link to comment Share on other sites More sharing options...
fx4_ever Posted May 25, 2011 Report Share Posted May 25, 2011 (edited) This should be easy enough to test. If you have a demo setup on VPS, simply force a reboot and then observe what the EA does in the MT4 terminal window. Does it retain the delta's or recalc them? Does it start opening new positions? That's how to answer your question. I have not yet done this myself. I've done it many times and I have also set my PC to auto reboot everyday. What I've observe, USD basket comes back up and seem to know where it left off. It remembers the details of already opened orders and displays and trade continue as norm. This is also to be the case on other settings, i.e. lot size, TP, delta, etc. Not that I am suggesting that settings should be changed in the middle of the cycle, but just as FYI. ex: When I changed the delta value in the middle of the trade cycle. It does not affect already open trade, but it will not open new trade unless current (most recent) delta value is met. Edited May 25, 2011 by fx4_ever Chip4Pips and grooter 2 Quote Link to comment Share on other sites More sharing options...
xmorph Posted May 26, 2011 Report Share Posted May 26, 2011 Hi all members I am new in this Forum and I say thanks -> 50pips for sharing the EA and all the replies that you've posted =D> su xmorph Quote Link to comment Share on other sites More sharing options...
paromi Posted May 26, 2011 Report Share Posted May 26, 2011 equity on my demo accounts is 50% , pretty risky Quote Link to comment Share on other sites More sharing options...
forexfx Posted May 26, 2011 Report Share Posted May 26, 2011 equity on my demo accounts is 50% , pretty risky What is your deposit? Lot size? Delta? Take profit? Quote Link to comment Share on other sites More sharing options...
jerrydeng Posted May 26, 2011 Report Share Posted May 26, 2011 this ea is like blessing+hedge. Quote Link to comment Share on other sites More sharing options...
Tiger7F168 Posted May 26, 2011 Report Share Posted May 26, 2011 equity on my demo accounts is 50% , pretty risky You obviously have too high of lot sizes...try .01 for every $500 Quote Link to comment Share on other sites More sharing options...
⭐ Polleczko Posted May 26, 2011 Report Share Posted May 26, 2011 Guys, what was the biggest DD u have seen trading with usd basket and what broker? Mine biggest is now on FXCM broker (delta 300) and about 470pips DD. Quote Link to comment Share on other sites More sharing options...
jerrydeng Posted May 26, 2011 Report Share Posted May 26, 2011 -290DD now Quote Link to comment Share on other sites More sharing options...
Ferenc86 Posted May 26, 2011 Report Share Posted May 26, 2011 This ea do not use stop loss!! Very risky and dangerous! I do not like it if do not use stop loss. Quote Link to comment Share on other sites More sharing options...
Tiger7F168 Posted May 26, 2011 Report Share Posted May 26, 2011 I'm a little over 500 pip DD. Not worried though.... Quote Link to comment Share on other sites More sharing options...
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