by the way, does the 10 ma repaint?
- #3,683
- Jun 1, 2010 3:40am Jun 1, 2010 3:40am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
V8 & v7a i closed manually with a huge -80pips per trade (4 total trades).. I couldnt risk my std acc more..
Geoff, any comments about this horrible thing (4 me)
You don't need me to tell you where you went wrong!
This price action occurs frequently, this is why we have such a big stoploss and
you know as well as I do that when you decide how many orders to place
you must assume the worst, that they could all hit the stoploss!
- #3,684
- Jun 1, 2010 3:42am Jun 1, 2010 3:42am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
by the way, does the 10 ma repaint?
- #3,685
- Jun 1, 2010 3:49am Jun 1, 2010 3:49am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
I have 6 installations of MT4 from various brokers... (yes, I'm a little jazzed about helping Geoff test and develop this EA
One thing I've noticed about all 6 (4 with one broker) is that the backtesting results can vary quite a bit.
After doing a little digging, I found that the amount of historical data available for backtesting varied widely, even after tweaking the settings (Tools -> Options -> Charts Tab -> Max Bars in History to Max (2147483647) and downloading as much data as available (Tools -> History Center -> Forex -> GBPUSD ->...
The tester uses M1 data if it's available.
I understand dukascopy maintain a massive database.
There is a limitation on the file size that can be uploaded to FF, I think it is 1 Meg.
I get the impression that sometimes one broker will trade and another will not but maybe they will even out over time, swings and roundabouts!
Thanks for your support!
- #3,688
- Jun 1, 2010 4:08am Jun 1, 2010 4:08am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
hi Geoff
Basing on your experience, why this night the ea open position only for some people inside the same broker?
now the ea is loosing, hoping it will recover during the day...
On Alpari my live accounts traded but my demo accounts didn't but I know that
Alpari live accounts are "smoothed" whereas their demo accounts are virtually straight through (STP).
I think that GU is being dragged down by the EURO at the moment but I have
got my fingers crossed for a bounce later.
This is why we have a big stoploss!
- #3,689
- Jun 1, 2010 4:14am Jun 1, 2010 4:14am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
Both v7 & V8 open two orders each and both are now sitting at -88.0 on live.
I am thinking now to close it manually to take loss rather than allowing it to run for 140 SL.
I saw both 10 & 197 SMA was down but why it opened a long was a big surprise. I forgot to remove V7 on the live.
Velli
and 22:00 GMT, remember it can be as little as 0.00001 difference!
I think if the EURO stops going down it will release GU to swing back up but I
have been known to be wrong in these matters, frequently!
The 10 SMA is very flat between the 21:00 and 22:00 GMT bars and this can effect how fractals are formed.
On Alpari my live accounts traded but my demo accounts didn't but I know that
Alpari live accounts are "smoothed" whereas their demo accounts are virtually straight through (STP).
I think that GU is being dragged down by the EURO at the moment but I have
got my fingers crossed for a bounce later.
This is why we have a big stoploss!
sorry for this stupid question..: in case it will raise the 0 profit growing up in the afternoon how do the ea will work? it stop to 0 to avoid loss or it try to set a stop loss below the zero point?
thanks
- #3,691
- Jun 1, 2010 4:19am Jun 1, 2010 4:19am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
so you are trusting that it could be a possibility?
sorry for this stupid question..: in case it will raise the 0 profit growing up in the afternoon how do the ea will work? it stop to 0 to avoid loss or it try to set a stop loss below the zero point?
thanks
This price action has happened before and is the reason for the big stoploss, it
may not work this time of course but it has worked out in back testing many times!
- #3,694
- Jun 1, 2010 4:40am Jun 1, 2010 4:40am
- Joined Apr 2009 | Status: Trader | 2,035 Posts
I was sitting in front of both alpari uk live and demo version when trade opened at 23.15 GMT on live. The slope was exactly calculated on both demo and live version. According to this the demo version did not trade whereas the live version traded.
Now we had a option s/l trigger when eurgbp went through 0.8400 which helped a bit to cushion the fall of gbpusd with eurusd making new 2010 lows.
More importantly we moved through the 50% fibonacci support line of EURO lifetime at 1.2134 which gives technically a huge bearish bias.
Of course we know...
I have answered this question before, way back in the thread somewhere.
However, there are two pdf's available here:
http://www.forexfactory.com/showthread.php?t=5966
Thanks Geoff.
- #3,696
- Jun 1, 2010 5:08am Jun 1, 2010 5:08am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Hard to decide what to do here. Take loss now or take potentially
huge loss later..
huge loss later..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #3,698
- Edited 5:11am Jun 1, 2010 5:11am | Edited 5:11am
I agree, the longer this trade is open, the more dangerous it becomes!
- #3,699
- Jun 1, 2010 5:11am Jun 1, 2010 5:11am
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
