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Burger Straddle Script

  • #161
  • Mar 28, 2007 11:13am Mar 28, 2007 11:13am
Quoting PipStar
It says 'Cancelled by Dealer' so to me it looks like the order was cancelled by your broker. Could be interesting to know which broker this is.
That would be NorthFinance. This comment means that there's not enough money to cover the position. For all new northfinance users. 2 tips:
1. To calculate required margin, you do the following. For example, nzd/usd is trading at 0.7650. So you take the rate and multiply it by contract size and divide it by leverage.ex: 0.7650x10000(1mini lot which is 0.1 on the platform)/200(default leverage 200.1 at northfinance)= 38.25$
2. The maximum leverage for nf is 500.1 but you have to ask for it by contacting them, the default leverage is 200.1.
  • #162
  • Edited 11:45am Mar 28, 2007 11:32am | Edited 11:45am
Quoting aminhakim
That would be NorthFinance. This comment means that there's not enough money to cover the position.
Dude, my broker aint North Finance. It's UGMFX. Plus, I was only risking at most 4% of my account.


Quoting BurgerKing
Interesting.. perhaps, this broker dont want news traders. I am hearing the same with 1world.

You better call and ask with your broker why it was deleted... please post your reply as well..

Just asked them. See what they say. There's nothing in the contract about not allowing news trading. Also, this is part of an email I received from them before I opened an account with them, I asked them about scalping, their response in blue:

------------------------

a) Do you allow scalping?

Yes we do allow scaping


b) What are your spreads like during news releases?

Our spreads are fixed even during news time.

-------------------------


Anyway, I will wait for their response, and let everyone know what they say.
  • #163
  • Mar 28, 2007 1:22pm Mar 28, 2007 1:22pm
Quoting turbo_electric
Dude, my broker aint North Finance. It's UGMFX. Plus, I was only risking at most 4% of my account.
Just assumed it was nf since I had many mt4 accounts and they were the only ones to display that message.
Just trying to help that's all.
  • #164
  • Mar 28, 2007 1:25pm Mar 28, 2007 1:25pm
I tried this on my FXDD demo account this morning on euro and gbp. There was a short spike up on cable, which I thought was the actual release, so I closed the trade manually- a couple of seconds later it did another spike up...if I had realized what was happening I could have caught those pips too- probably doubled my profit.

I know it's nearly irrelevant information because it was on demo- but I was glad just to see I could make the script work on the first try.

Thanks a lot BK- I'll do a couple of more demo trades to make sure I have it down- then I'll go live.

p.s.- I left all of the settings at default, except I changed SecStartOrder to 45.
Attached Image
Is your SL my TP?
  • #165
  • Mar 28, 2007 4:53pm Mar 28, 2007 4:53pm
Something to be added VERY soon!
Attached Image
  • #166
  • Mar 28, 2007 4:53pm Mar 28, 2007 4:53pm
Hey BK!

I justed wanted to thank u for this wunderful piece of software ..its really awesome...thank u verý much and may freedom bless ya !
  • #167
  • Mar 28, 2007 6:06pm Mar 28, 2007 6:06pm
Hi BK

I was trying to use the script on the NZ current account Q/Q (new time 10.45PM- GMT+0 )learlier but to my surprise the yellow clock is not longer sync with the GMT+0 time....it is indicated as 22.45 but PC clock is set in GMT+0.It worked perfectly last night

Please advise. Thanks!
  • #168
  • Mar 28, 2007 6:10pm Mar 28, 2007 6:10pm
Hi BK

Attached document for your reference.
Attached File(s)
File Type: doc timezone.doc   163 KB | 478 downloads
  • #169
  • Edited 6:38pm Mar 28, 2007 6:20pm | Edited 6:38pm
MT4 just released build 203 - WHICH supposedly fixed the Time Bug..

I dont know if it is related to your problem...
ie, when MT4 was bugged, BurgerStraddleScript forcedly fixed that.. but now MT4 is fixed, i dont know if the fix by BurgerStraddleScript unfixed it.. LOL..

Please bear with me as I investigate this..

TSK, its confirmed that the Time bug was fixed and Burgerstraddlescript fix is unfixed..


MT4 has fixed the Time problem..
I run a pool asking whether to use Local Time or GMT... seems like a deadlock..
Hmm... Perhaps I will use Local Time for the next release seeing that TIME is now fixed with MT4-build 203...
Its more intuitive for experts and novice alike to use Local Time.
  • #170
  • Mar 28, 2007 6:36pm Mar 28, 2007 6:36pm
Hi BK

Is it possible to have both options of local and GMT time? Hope it is not too much of work for you for this request.

Personally, I prefer GMT+0...
  • #171
  • Mar 28, 2007 10:46pm Mar 28, 2007 10:46pm
I had the same issue with the NZD news that i setup the to trade (5:45pm CDT). The order was deleted as soon as I entered it.
I did the forced upgrade on MT4 then tried a simulated run 3 time in DEMO mode.
Setting the NEWS TIME to GMT, it worked each time.
Going to give it a run again with tomorrows news releases.

PS...I allway prefer GMT to be the standard..
  • #172
  • Mar 29, 2007 2:43am Mar 29, 2007 2:43am
Quoting jimbo61
I had the same issue with the NZD news that i setup the to trade (5:45pm CDT). The order was deleted as soon as I entered it.
Yep, precisely what happened to me. Check your comments to see if it says, "cancelled by dealer."

Quoting jimbo61
I did the forced upgrade on MT4 then tried a simulated run 3 time in DEMO mode. Setting the NEWS TIME to GMT, it worked each time.
Going to give it a run again with tomorrows news releases.
It works fine in demo mode. In fact, it works fine live, outside news hours as well. It's just like 1 sec before the news, or 1 pip from being filled, bang - order closed. I got a reply email from UGMFX who said they are looking into it. Will keep you updated.
  • #173
  • Mar 29, 2007 6:59am Mar 29, 2007 6:59am
Quoting turbo_electric
Yep, precisely what happened to me. Check your comments to see if it says, "cancelled by dealer."





It works fine in demo mode. In fact, it works fine live, outside news hours as well. It's just like 1 sec before the news, or 1 pip from being filled, bang - order closed. I got a reply email from UGMFX who said they are looking into it. Will keep you updated.
I only said "Canceled" on both orders..not Canceled by Dealer.
I am going to run it at the 7:30 new release today and see if it works. If not I will contact IBFX about this. Had this happen a couple time last nigh on other trades too.
  • #174
  • Edited 7:34am Mar 29, 2007 7:03am | Edited 7:34am
Quoting jimbo61
I only said "Canceled" on both orders..not Canceled by Dealer.
I am going to run it at the 7:30 new release today and see if it works. If not I will contact IBFX about this. Had this happen a couple time last nigh on other trades too.
I dont know what you people are experiencing and I could not help without seeing what happened..

I appreciate if you can do a video capture 10 seconds before news and 5 seconds after orders were "removed"... This would greatly help me know what you or the broker did..

Its working fine here. You and I are using the same Script version. So I expect the same thing with you as well (albeit the download version is limited to $10 per pip trades on Live and unlimited for Demo).

Im still working on the News Feed feature... attached is the actual result from the US GDP news.
Attached Image
  • #175
  • Mar 29, 2007 7:40am Mar 29, 2007 7:40am
Quoting BurgerKing
I dont know what you people are experiencing and I could not help without seeing what happened..

I appreciate if you can do a video capture 10 seconds before news and 5 seconds after orders were "removed"... This would greatly help me know what you or the broker did..

Its working fine here. You and I are using the same Script version. So I expect the same thing with you as well (albeit the download version is limited to $10 per pip trades on Live and unlimited for Demo).

Im still working on the News Feed feature... attached is the actual result from the US GDP news.
Will do the vidseo capture later on.
The 7:30 USD GDP release was initiated but aborted due to SPREAD TOO WIDE. I adjusted the spread in the settings on the EUR/$ for 6 pips (IBFX normal runs at 2 pip)
  • #176
  • Mar 29, 2007 7:47am Mar 29, 2007 7:47am
i managed to get out +3pips on my live interbank fx acct thanks bk
MIR
  • #177
  • Mar 29, 2007 7:57am Mar 29, 2007 7:57am
That looks pretty cool BK !

Quoting BurgerKing
Im still working on the News Feed feature... attached is the actual result from the US GDP news.
  • #178
  • Mar 29, 2007 8:12am Mar 29, 2007 8:12am
Quoting jimbo61
Will do the vidseo capture later on.
The 7:30 USD GDP release was initiated but aborted due to SPREAD TOO WIDE. I adjusted the spread in the settings on the EUR/$ for 6 pips (IBFX normal runs at 2 pip)
6 Pips MaximumSpread and IBFX was wider than this?

Thats x3 already and they are wider than that?

Last time I traded at IBFX, they dont widen spread this much.. Lucky I got out before they widen this much.
  • #179
  • Mar 29, 2007 8:55am Mar 29, 2007 8:55am
I am use fxgts (fxsol) platform, can i be able to load BK script or only in MT4 platform.. help much appreciated... thanks
  • #180
  • Mar 29, 2007 9:33am Mar 29, 2007 9:33am
Quoting atobev
I am use fxgts (fxsol) platform, can i be able to load BK script or only in MT4 platform.. help much appreciated... thanks
Only MT4
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