DislikedHi Sonic,
Please see attached, it opened a AUD/CAD sell trade when there is no signals. Lost $400. Maybe there is a bug? But we are getting there!
Thanks!Ignored
sonic
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DislikedHi Sonic,
Please see attached, it opened a AUD/CAD sell trade when there is no signals. Lost $400. Maybe there is a bug? But we are getting there!
Thanks!Ignored
DislikedI think V2.1 just opend 4H TF trade on BUY AUD/USD 8~9 hours ago!!Ignored
DislikedI am reading this book called steve bigalow candlestick trading!!!!
U can read here too...
http://books.google.com/books?id=x0p...mbnail#PPR7,M1
anyone know any ways to acquire ebook version of it???
sonicIgnored
DislikedCiao Sonic i see u r here well wut do u think we can do something to upgrade ozsystem or wut i just saw ur PM well i downloaded you new indicator which based on oz N ADX well i tried adx b4 the prob that adx give a trend strengthens for short and long price move thats it so if we can try price actioon strategy to filter oz and adx signals it 'll be gr8 wut do u thinkIgnored
DislikedHi Sonic,
Please see attached, it opened a AUD/CAD sell trade when there is no signals. Lost $400. Maybe there is a bug? But we are getting there!
Thanks!Ignored
DislikedI sonic,
This morning I saw that a GbpJpy trade was closed at SL -80 causing a lost of almost 400$ (Demo), and it made think of something.
Every such a loss will erase much of our profit and bring a huge draw down in our account, because profits are gained in 0.10 lot at 30 pips steps, while the lost could be 0.5 lot at 80 pips step.
I think that we don't really gain anything of risking 0.5 lots as we never take profit of more than 0.10 lot (unless we close the trade manually).
I want to suggest an idea for changing the RR to a much better one (IMO).
Start the trade with 0.10 lot (SL 80 TP 30). if it goes back, we lose 80 pips at 0.1 lot. if it goes in our direction, at 30 pips profit open a new trade with 0.10 lot (SL 30 TP 30) and bank the current one. repeat the process every 30 pips.
This way, the max loss will be 0.1 lot X 80 pips, instead for 0.5 lot X 80 pips now.
The profits will remain the same, but the possibility of a big lost will vanish.
I know it may require to re-write the whole code, but I think it worth it.
What do you say ? I will make a table comparing the methods later and will post it here.
Thanks,
Dani M.Ignored
DislikedBro Dani.
GBP/JPY was in SELL siganl on H4 TF?? using sonic v2.1??
I don't think so...
http://i27.tinypic.com/1zxw3md.gif
Anyway..will read ur suggestion with care..btw...I think it is brillant idea..I need some 1 help on coding!!
example
Open (a) 0.1 lot with TP 50 , SL 100
Once +50 pips of (a), close (a) and open (b) 0.1 lot with TP 50 , SL 50
Once +100 pips of (a), close (b) and open (c) 0.1 lot with TP 50 , SL 100
Once +150 pips of (a), close (c) and open (d) 0.1 lot with TP 50 , SL 150
Once +200 pips of (a), close (e) and open (f) 0.1 lot with TP 50 , SL 200
Is it correct??
sonicIgnored
Dislikedin future we won't worry about loosing few trades as we will get more and more winning ones.
about the new sonic indicator, better to get less trades then getting more loosing trades..Ignored
DislikedMy first ever trade using v2.1 H4 TF on BUY AUD/USD @ 0.9549
+30 pips .... and SL move to BE now!!!
what a gd start!!!
sonicIgnored
DislikedToday the EA doesn't open yet any position. Now I have it on 15, 30, 60, 240min and daily time frame and the time filter is false (0 to 16), if your EA had open any position, please let me know. Thanks in advance. 09:18 (GMT)Ignored
Dislikedhi guys,
i dun see the maths here....
u obviously get more profit when u do the five lot....coz ur intial pips wer compunded. If you added new position, it means, with every 30pips increment you will drop another 30pip for e remaining lots, the implications are large. Plus u pay broker extra pips for every position closed and re-opened. doesn't make sense at all.
below i have made a small example,
if you trade 5 lots,
at 30pips lot 1 will bank you $30
at 60pips lot 2 will bank you $60
at 90pips lot 3 will bank you $90
at 120pips lot 4 will bank you $120
at 150pips lot 5 will bank you $150
You tally at abt $450 wo comms
But if you do 1 lot setup
at 30pip u bank 1 lot make $30, open new pos and pay 2pips comm/spread means u bank $28.
at 60pip u bank 1 lot make $30, open new pos and pay 2pips comm/spread means u bank $28.
u get the drift?
regards,
jestIgnored
Dislikedusing ODL??
t EA never open trade or only today?? I think ur find name mite b wrong!!
check..ur folder
sonicIgnored
DislikedAfter I posted that message, the EA opened many positions, but I believe the EA on 15 min TF, it isn't a good idea, it can be a good idea if the TP is only about 10 or 15 pips.Ignored
DislikedAfter I posted that message, the EA opened many positions, but I believe the EA on 15 min TF, it isn't a good idea, it can be a good idea if the TP is only about 10 or 15 pips.Ignored