Expert advisor problems faced on live accounts | Forex Factory

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Expert advisor problems faced on live accounts

  • #1
  • First Post: Aug 17, 2018 2:29am Aug 17, 2018 2:29am
Live accounts can get a lot of problems like missing stop loss and take profit targets

when down trend is triggered , after uptrend , no stop loss or tp is entered

It happened on 3 separate platforms

All three platforms had this context is busy

0 11:14:56.699 415_ds_grid_1000ic5 US30(£),M15: Try = 1 : too frequent requests
2 11:14:56.793 415_ds_grid_1000ic5 US30(£),M15: open #17450985 buy stop 0.10 US30(£) at 25690.1 ok
0 11:14:56.793 415_ds_grid_1000ic5 US30(£),M15: Downtrend
0 11:14:56.902 415_ds_grid_1000ic5 US30(£),M15: Error of modifying ticket#17450985 : too frequent requests
0 11:14:57.340 415_ds_grid_1000ic5 US30(£),M15: Error of modifying ticket#17450985 : too frequent requests
0 11:14:57.777 415_ds_grid_1000ic5 US30(£),M15: Error of modifying ticket#17450985 : too frequent requests
0 11:14:59.309 415_ds_grid_1000ic5 US30(£),M15: Try = 1 : too frequent requests
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  • #2
  • Aug 17, 2018 8:57am Aug 17, 2018 8:57am
Quoting loozers
Live accounts can get a lot of problems like missing stop loss and take profit targets when down trend is triggered , after uptrend , no stop loss or tp is entered It happened on 3 separate platforms All three platforms had this context is busy 0 11:14:56.699 415_ds_grid_1000ic5 US30(£),M15: Try = 1 : too frequent requests 2 11:14:56.793 415_ds_grid_1000ic5 US30(£),M15: open #17450985 buy stop 0.10 US30(£) at 25690.1 ok 0 11:14:56.793 415_ds_grid_1000ic5 US30(£),M15: Downtrend 0 11:14:56.902 415_ds_grid_1000ic5 US30(£),M15: Error of modifying ticket#17450985...
You shouldn't be modifying an order you just placed. You should be sending the correct SL, TP, Expiration with the order itself. There is no upside in placing an order then instantly modifying it.
  • #3
  • Aug 17, 2018 9:08am Aug 17, 2018 9:08am
Quoting Nicholishen
{quote} You shouldn't be modifying an order you just placed. You should be sending the correct SL, TP, Expiration with the order itself. There is no upside in placing an order then instantly modifying it.

It is a grid EA with about 20 orders in advance, thanks ,I will speak to coder.
  • #4
  • Last Post: Aug 17, 2018 12:14pm Aug 17, 2018 12:14pm
Quoting loozers
{quote} It is a grid EA with about 20 orders in advance, thanks ,I will speak to coder.
If your coder is using SL/TP on pending orders with a grid strategy then they are wasting your money two ways: 1. You are going to be paying spreads and commissions that you shouldn't be (you're lining the broker's pockets) and 2: You're paying your coder for code that lines your broker's pockets.

The only time it's acceptable to use SL/TP on a grid is if you're lazy-trading and you want to setup a manually placed grid for the week, walk away from it, and come back to check it at the end of the week. The only other time it's used is when you know you're throwing money away but you don't care because your intentions are to defraud someone else, like an investor or a signal subscriber.
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