Hi Z,
just use the beta version from post #86 http://www.forexfactory.com/showpost...2&postcount=86 as I do for my Euro account.
Regards,
Oliver
Z
Mart,
I have an other idea the L2+ column has got dollar signs in it at the moment and i love the basket shortcut in it too. but is it possible to place the chosen basket settings in this column so at a glance i go see where i am and see if i have placed a pip or cash choice on that pair. no matter how many trades i take per pair.
just an idea this feature works great, there is nothing wrong with it. it's just a display thing.
JTH
Mart
yes you are right it is a demo and i am just trying to push the envelope allot to see what the limits are.
JTH
With those, GBPUSD, EURUSD, EURJPY, and EURCAD just to name a few would have blown your account in the last 3 months.
I have been trading the NB system for about 5 months including 2 months demo. I would trade it demo like you trade it in real life. Just my $2 dollars.
None of my business how you trade, but I hate to see people go broke off of a great system.I use about 500.00 per currency per pair for a micro or .10 cent lots.
So, if I am trading 22 pairs, that is 11K required to trade 1 ten cent lot (.01 micro) in my account on each pair starting lot.
I still don't understand Bob's .1 per 10K or whatever as is it per pair, per how many pairs, etc.. We all trade different pairs etc..
We are our own best indicator.
thanks JTH for the reply I do use the right click drop down for TP that feature is sweet, what I am trying to do is set the break even part of it.
So i see a 1 for dis, and 2 for candle but still trying to figure that out.
It looks like if I set a break even number then I also have a trailing stop and would want to seperate these two.
I am in central US and most of my order I place during Asia and like to have a break even set before I go to bed so say I want my stop to be a break even when price goes 40 pips in my favor I would like to know...
NOTE: this system works only when there is ONE order open on a given chart. When 2 or more are opened, the system switch to the basket mode.
TS_Mode:
0 - off
1 - trailing by pip distance from price (regular way to trail), see TSmode1.TrailingStop and TSmode1.TrailingStep parameters
2 - trail by candle,see TSmode2.CandleT parameter)
TS_SetBreakEvenAt (in pips):
In all mode (0-off, 1-dist and 2-candle) this is the number of pips price must be in profit over order open price to set SL to BE.
Set this value =0 to disable this feature
TS_LockPips (in pips):
When TS_SetBreakEventAt is reach, SL is set at BE+TS_LockPips
Then if you set TS_SetBreakEventAt=20 and TS_LockPips=5, then as soon as profit reach 20 pips, SL will be set at 5 pips over orderopen price
TSmode1.TrailingStop (in pips):
When TS_Mode = 1, this value specify after how much profit pips to start the trailing of SL. When this value is reach, SL is set at BE.
TSmode1.TrailingStep (in pips):
When difference between Price and TSmode1.TrailingStop greater than or equal TrailingStep, SL is set to SL+TrailingStep.
Example:
TrailingStop = 40
TrailingStep = 10
Means that when price reach 40 pips in profit, SL is set at BE.
When price reach 50 pips, SL is set to BE+10 pips
When price reach 60 pips, SL is set to BE+20 pips
and so on...
TSmode2.CandleTrailing
Active when TS_Mode=2
For a buy: this mode set the SL to the low of the last CandleTrailing candle.
For a sell: this mode set the SL to the high of the last CandleTrailing candle.
Example: CandleTrailing = 1
Means that at each new candle (for a buy order for example), SL will be set at the low of the previous candle.
CandleTrailing=2, SL is set at the low of the second previous candle.
TS_StartAtTPlevel
Each takeprofit mode has 3 levels of takeprofit.
This parameter indicate at which level should the trailing mechanism start.
If you want to trail starting at level 1 (take profit 1), then set this value to 1 (default is 3).
It's now up to your imagination to think a setup that will fit your needs
Hope that helps
Mart
I have made a mistake this morning and just want to let you know.
It's a stupid error and if you can avoid doing it, you'll save a couple of $$.
I was at my third LEVEL on GBPCHF this morning. L3 + L1 were pratically breakeven (a small loss), then I have decided to close L1 and L3 and let L2 active.
Now, it's fine to do it, but do it in this order please:
Close L3 first (your positive order) then close L1 after and not the inverse!!
I have closed L1 first, then the manager automatically recalc a new breakeven line for L2 and L3. With this new line, L3+L2 was in profit (more then breakeven) then the manager close both orders
God!!! Result: I took L2 as a loss bigger than my wish... grrrr The more frustating is that I did the same with my EURCHF trades a couple of minutes before but I did it in the good way...
Anyway, I'm still up with profit this week and still positive on the pips side too. It cost money to learn hehehehe
Just don't do this mistake.
Cheers
Mart
It's a stupid error and if you can avoid doing it, you'll save a couple of $$.
I was at my third LEVEL on GBPCHF this morning. L3 + L1 were pratically breakeven (a small loss), then I have decided to close L1 and L3 and let L2 active.
Now, it's fine to do it, but do it in this order please:
Close L3 first (your positive order) then close L1 after and not the inverse!!
I have closed L1 first, then the manager automatically recalc a new breakeven line for L2 and L3. With this new line, L3+L2 was in profit (more then breakeven) then the manager close both orders
God!!! Result: I took L2 as a loss bigger than my wish... grrrr The more frustating is that I did the same with my EURCHF trades a couple of minutes before but I did it in the good way...Anyway, I'm still up with profit this week and still positive on the pips side too. It cost money to learn hehehehe
Just don't do this mistake.
Cheers
Mart
