DislikedAbout 90% of my trades with IC Market closed with positive or no slippage. You must be new to trading (or writing EA) if you are not familiar with how manage or reduce slippage.Ignored
- #22
- Jul 31, 2022 11:59pm Jul 31, 2022 11:59pm
Here's another video that illustrates how brokers (in this case IC Markets) make your hard earned money disappear like magic. Watch the floating equity on the lower left suddenly change from 164 to 128 in less than 1 second due to closing of trades.
ohyeah,
As a matter of interest, I see that you have a bunch of hedged trades in your video. The normal method of closing is very inefficient for closing hedged trades. You should look to use OrderCloseBy function rather. I don't care for hedge trading as it is a ridiculous strategy but I post this here for information.
Look at the attached screenshots. I ran a simple test where I had 10 lots of GOLD(XAU) long and 10 lots short, so fully hedged. The equity in the account at the start of closing was 48 178. After closing(using OrderCloseBy), the equity had increased to 48 342.
I am not a video guru, so I can't get the video file small enough to post here but it is available. I have also attached the script that I created for using OrderCloseBy. Just note that it is a rough script and does not cater for different symbols or unhedged trades but you can experiment with it.
As a matter of interest, I see that you have a bunch of hedged trades in your video. The normal method of closing is very inefficient for closing hedged trades. You should look to use OrderCloseBy function rather. I don't care for hedge trading as it is a ridiculous strategy but I post this here for information.
Look at the attached screenshots. I ran a simple test where I had 10 lots of GOLD(XAU) long and 10 lots short, so fully hedged. The equity in the account at the start of closing was 48 178. After closing(using OrderCloseBy), the equity had increased to 48 342.
I am not a video guru, so I can't get the video file small enough to post here but it is available. I have also attached the script that I created for using OrderCloseBy. Just note that it is a rough script and does not cater for different symbols or unhedged trades but you can experiment with it.
