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Burger Straddle Script

  • #281
  • Apr 4, 2007 8:43pm Apr 4, 2007 8:43pm
i cant get to trade more than 1 lot.
anyway around this?
  • #282
  • Apr 5, 2007 1:10am Apr 5, 2007 1:10am
Quoting gr8collector
i cant get to trade more than 1 lot.
anyway around this?
lol. Well if there is, no one's posting it in BK's thread. You can contact BK for the license.
  • #283
  • Edited 2:58am Apr 5, 2007 1:39am | Edited 2:58am
Novice traders are adviced to trade small lots. The freeware 0.5 lots should be enough for you. I sure dont like to see you loose $2000 simply because you are too green to trade news or just plain greedy to trade all news.

But if you are a big time trader, trades 100 standard lots, you should afford to hire a progammer write a straddler for you
  • #284
  • Apr 5, 2007 5:48am Apr 5, 2007 5:48am
for those who wanted to get the big lottage script..u guys can PM BK for the license and stuff...

free version only allow u to trade no more than 0.5 lot
  • #285
  • Apr 5, 2007 6:24am Apr 5, 2007 6:24am
every thing went great on pound intrest rate made +27 pips and on cad employment +45 pips thank you bk for the great script and that is on my live acct from interbank fx
MIR
  • #286
  • Apr 5, 2007 6:36am Apr 5, 2007 6:36am
Okay so this morning for the CAD release, I was using two different autoclick services on two different broker platforms (IBFX & FXSOL). Unfortunately, I was requoted on both of them, so no fills.

For those of you straddling, using this script on the CAD trade this morning, did you get filled? If so, what did you get filled at? Also, for those of you experienced straddlers, do you ever get requoted or filled passed your buy stop or sell stop limit orders?
  • #287
  • Apr 5, 2007 6:38am Apr 5, 2007 6:38am
On the cad i got filled at 1.1573
Quoting jeffreytp
Okay so this morning for the CAD release, I was using two different autoclick services on two different broker platforms (IBFX & FXSOL). Unfortunately, I was requoted on both of them, so no fills.

For those of you straddling, using this script on the CAD trade this morning, did you get filled? If so, what did you get filled at? Also, for those of you experienced straddlers, do you ever get requoted or filled passed your buy stop or sell stop limit orders?
MIR
  • #288
  • Apr 5, 2007 6:45am Apr 5, 2007 6:45am
congrats, mniemiec! Maybe I should try it, too

Quoting mniemiec
every thing went great on pound intrest rate made +27 pips and on cad employment +45 pips thank you bk for the great script and that is on my live acct from interbank fx
  • #289
  • Apr 5, 2007 6:52am Apr 5, 2007 6:52am
Quoting jeffreytp
Okay so this morning for the CAD release, I was using two different autoclick services on two different broker platforms (IBFX & FXSOL). Unfortunately, I was requoted on both of them, so no fills.

For those of you straddling, using this script on the CAD trade this morning, did you get filled? If so, what did you get filled at? Also, for those of you experienced straddlers, do you ever get requoted or filled passed your buy stop or sell stop limit orders?
i was filled at 1.1570 and exit at 1.1527 ,very nice trade !!

ps. don't use fxsol for trading the news ,you waste your time with them
  • #290
  • Apr 5, 2007 6:57am Apr 5, 2007 6:57am
Quoting jeffreytp
Okay so this morning for the CAD release, I was using two different autoclick services on two different broker platforms (IBFX & FXSOL). Unfortunately, I was requoted on both of them, so no fills.

For those of you straddling, using this script on the CAD trade this morning, did you get filled? If so, what did you get filled at? Also, for those of you experienced straddlers, do you ever get requoted or filled passed your buy stop or sell stop limit orders?
I got filled at 1.1575 on USD/CAD and out 1.1535 = + 40 pips.
IBFX widens the spread without slippage
FXSol has fixed spreads but with slippage
Autoclicks are good only if you can get filled,otherwise you pay for a service which will be a hit or miss depending on your broker fill.
Straddle work if there is a good deviation, otherwise you get whipsawed for few pips loss.
Name of the game is to win more times than you lose whichever style you prefer.
  • #291
  • Apr 5, 2007 7:21am Apr 5, 2007 7:21am
My advice to you...

Always Straddle and Autoclick in the same time

Advantages:
If You got requota So Straddle will do the job (thats exactly what happens with me today)

Disadvantages:
if there's no strong deviations your straddle 'll Hit and u can loss

Solution:
Straddle and use autoclick in the same time, if autoclick No Trade
Try to remove your Straddle Asap.



Quoting jeffreytp
Okay so this morning for the CAD release, I was using two different autoclick services on two different broker platforms (IBFX & FXSOL). Unfortunately, I was requoted on both of them, so no fills.

For those of you straddling, using this script on the CAD trade this morning, did you get filled? If so, what did you get filled at? Also, for those of you experienced straddlers, do you ever get requoted or filled passed your buy stop or sell stop limit orders?
Charting Markets into the Future...Mﾇ者問ぎﾂ･.
  • #292
  • Apr 5, 2007 7:45am Apr 5, 2007 7:45am
I made the most of my profits straddling regardless of actual data results.

Sure a bad dev will end with a loss; but more of the chances, you WIN.

-10 pips
+15 pips
-10 pips
+15 pip
-10 pips
+15 pip
-10 pips
+15 pip
-10 pips
+15 pip
-10 pips
+15 pip

total up up up. you get the picture

Bottom Line: just be consistent. Dont tell yourself, "I lost, no more news trading". then all of a sudden the next 5 trades were big winners. My plan is to always have enough money to trade x number of lots to trade 5 news straight win or loose.
  • #293
  • Apr 5, 2007 9:22am Apr 5, 2007 9:22am
you're becoming a good advertiser BK. A little bit more and you'll be as good as felix.
  • #294
  • Apr 5, 2007 11:25am Apr 5, 2007 11:25am
Hi mniemiec

Great results on GBP Interest rate

May you kindly share with us the currency pair you traded and the script's setting..

Thanks!

Quoting mniemiec
every thing went great on pound intrest rate made +27 pips and on cad employment +45 pips thank you bk for the great script and that is on my live acct from interbank fx
  • #295
  • Apr 5, 2007 11:54am Apr 5, 2007 11:54am
My Trading Using BK Script....
Attached Image
Charting Markets into the Future...Mﾇ者問ぎﾂ･.
  • #296
  • Apr 5, 2007 11:59am Apr 5, 2007 11:59am
Quoting MaXeY
My Trading Using BK Script....
What do the X & Y axis represent? X = days, Y = Pips?
  • #297
  • Apr 5, 2007 12:02pm Apr 5, 2007 12:02pm
Y= $$$
X= No idea !

Quoting jeffreytp
What do the X & Y axis represent? X = days, Y = Pips?
Charting Markets into the Future...Mﾇ者問ぎﾂ･.
  • #298
  • Apr 5, 2007 12:05pm Apr 5, 2007 12:05pm
Quoting MaXeY
Y= $$$
X= No idea !
So if Y = $$$

How long did it take your gains to get up in the $900's. Did you start at $0 or in the $400's as the chart says.
  • #299
  • Apr 5, 2007 12:09pm Apr 5, 2007 12:09pm
I started 500$,
started using BK Script from 3-4 weeks


Quoting jeffreytp
So if Y = $$$

How long did it take your gains to get up in the $900's. Did you start at $0 or in the $400's as the chart says.
Charting Markets into the Future...Mﾇ者問ぎﾂ･.
  • #300
  • Apr 5, 2007 12:47pm Apr 5, 2007 12:47pm
Quoting mniemiec
every thing went great on pound intrest rate made +27 pips and on cad employment +45 pips thank you bk for the great script and that is on my live acct from interbank fx
I set up the script on the GBP/$ for the Interest Statement, along with the USD/CAD Employment. Both launched fine, but the GBP must have retraced enough the hit the trailing stop. ($10 loss). The CAD was a lot better. No whipping around. Made $128 when it hit the TS. Both trades were setup
identical using 8 mini lots along with 8/8/8 for the distance.
I am afraid there are going to be some wild whipsaws tomorrow on the US Employment release. I am going to setup the straddle probably at least 15 pips.
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