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Burger Straddle Script

  • #481
  • May 11, 2007 8:07am May 11, 2007 8:07am
Quoting MaXeY
some of my friends traded 19 lot lost huge money, and he got huge slippage.
Were they placing limit or market orders?
  • #482
  • May 11, 2007 8:15am May 11, 2007 8:15am
Quoting jeffreytp
Were they placing limit or market orders?
I'm chatting with MAXEY now. I believe they were straddling
  • #483
  • May 11, 2007 10:56am May 11, 2007 10:56am
I got +22 pips, I was being conservative. Thanks again to you and BK for all your hard work in helping our "pip harvesting"

Quoting MaXeY
DEV: 24K
Move: 45pips

Got: +24pip

hope all did good !
  • #484
  • May 13, 2007 2:49am May 13, 2007 2:49am
is there any way to reduce slippage when straddling ??? if so i assume this could be incorporated into the staddle script.

Does anyone know ??

et
  • #485
  • May 13, 2007 11:51am May 13, 2007 11:51am
Quoting etrader35
is there any way to reduce slippage when straddling ??? if so i assume this could be incorporated into the staddle script.

Does anyone know ??

et
What broker is slipping you?
  • #486
  • May 14, 2007 4:21am May 14, 2007 4:21am
Quoting jeffreytp
What broker is slipping you?
to be honest, I have not experienced slippage on any MT4 demo brokers only, yet to choose a reputable live one for news events. My experience with GFT gives bad memories that's all, they used to hang on to trades until you are at a loss, or fill you at the peak....unjustified.

et
  • #487
  • May 15, 2007 7:37pm May 15, 2007 7:37pm
Quoting etrader35
to be honest, I have not experienced slippage on any MT4 demo brokers only, yet to choose a reputable live one for news events. My experience with GFT gives bad memories that's all, they used to hang on to trades until you are at a loss, or fill you at the peak....unjustified.

et
That is my experience exactly with GFT. Last news trade indicated a SELL order and it was not filled until the price had dropped 22 pips. The price never dropped any lower and, in fact, was retracing by the time the fill happened.
  • #488
  • May 16, 2007 5:42am May 16, 2007 5:42am
Quoting orion70
That is my experience exactly with GFT. Last news trade indicated a SELL order and it was not filled until the price had dropped 22 pips. The price never dropped any lower and, in fact, was retracing by the time the fill happened.
I used to think this way, please follow this link, I think it will change your attitude towards brokers:

http://www.forexfactory.com/showthread.php?t=7484
Without women, money would have no meaning - Aristotle Onassis
  • #489
  • May 16, 2007 11:08pm May 16, 2007 11:08pm
A great thanks to you BK for your great work!



I start to test it on "Core CPI" today 11:00GMT (CAD).

Which pair is the most accurate for this news? EURCAD? USDCAD? AUDCAD? Else?

Is there a guideline for understand which pairs are better for any particular news? It will be great and helpfull for me!
MT4/MT5 EAs/Indicators/Alerts coder
  • #490
  • May 16, 2007 11:23pm May 16, 2007 11:23pm
Quoting FerruFx
A great thanks to you BK for your great work!



I start to test it on "Core CPI" today 11:00GMT (CAD).

Which pair is the most accurate for this news? EURCAD? USDCAD? AUDCAD? Else?

Is there a guideline for understand which pairs are better for any particular news? It will be great and helpfull for me!
Hello FerruFx ..

If u'll trade Canadian news .. then my advice is to always trade with EURCAD , it moves much better than USDCAD , try it .. it's a good pair .

Happy Trading .
Salam .
  • #491
  • May 16, 2007 11:54pm May 16, 2007 11:54pm
Quoting coolhell
Hello FerruFx ..

If u'll trade Canadian news .. then my advice is to always trade with EURCAD , it moves much better than USDCAD , try it .. it's a good pair .

Happy Trading .
Salam .
Thanks Salam for your quick reply.
MT4/MT5 EAs/Indicators/Alerts coder
  • #492
  • May 17, 2007 2:36am May 17, 2007 2:36am
your sell was Market order or limit order ?

Quoting orion70
That is my experience exactly with GFT. Last news trade indicated a SELL order and it was not filled until the price had dropped 22 pips. The price never dropped any lower and, in fact, was retracing by the time the fill happened.
Charting Markets into the Future...MǎҖ€¥.
  • #493
  • May 17, 2007 6:03am May 17, 2007 6:03am
Nice 20 pips on USD/CAD just now.

Once again, excellent work BK!!
  • #494
  • May 17, 2007 6:04am May 17, 2007 6:04am
Just witnessed a spread of 17 pips from broker for this set up on the CAD
Without women, money would have no meaning - Aristotle Onassis
  • #495
  • May 17, 2007 6:07am May 17, 2007 6:07am
Quoting mattfx
Just witnessed a spread of 17 pips from broker for this set up on the CAD
what broker?
  • #496
  • May 17, 2007 6:10am May 17, 2007 6:10am
Quoting jeffreytp
Hi Burger,

I had a [Invalid S/L or T/P] problem two days in a row. Yesterday on the EURCAD, today on the USDCAD. I set my settings and loaded the script. It looks fine on my chart. The price wasn't fluctuating during the time the chages were supposed to happen. My info is below. What could be going wrong? I have no problems with the GBPUSD.
This happened again to me on the USDCAD today. Any suggestions from anyone? Could it be broker specific? What brokers are people having no issues with for the CAD releases?
  • #497
  • May 17, 2007 6:20am May 17, 2007 6:20am
ABORT: SPREAD TOO WIDE!

What a shame: IBFX spread 22 on EURCAD
MT4/MT5 EAs/Indicators/Alerts coder
  • #498
  • May 17, 2007 6:35am May 17, 2007 6:35am
Rather than mention the name of this broker I would like to survey the range of spreads at news time, from various brokers. Did you happen to see your broker spread at the time of news realease. I understand that they all rely on interbank feeds, so maybe we can see which brokers are just plain bankrupt when we all hit the triggers simultaneously ? just a thought....
Without women, money would have no meaning - Aristotle Onassis
  • #499
  • May 17, 2007 6:59am May 17, 2007 6:59am
Quoting mattfx
I understand that they all rely on interbank feeds, ....
None of the retail brokers have real interbank feeds. They have now removed these words 'interbank feed' from their website since they have been spanked by the NFA for misleading advertising.
  • #500
  • May 17, 2007 9:09am May 17, 2007 9:09am
Quoting coolhell
Hello FerruFx ..

If u'll trade Canadian news .. then my advice is to always trade with EURCAD , it moves much better than USDCAD , try it .. it's a good pair .

Happy Trading .
Salam .
Hi coolhell,

When there is import canadian news I trade it. But most of the times I got a bad fill on the USDCAD. So I got today: A stop sell order at 1.1024 got filled at 1.1007..

In your reply you advise FerruFX to trade EURCAD because it moves better. My broker is GFT and the spread on EURCAD 8 pips. So I was wondering you also get better fills on EURCAD, or are just the moves better?
My experience with gft is that the fills on GBPUSD & EURUSD are better than on the USDCAD. What are your experiences with your broker?
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