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Basket 14 EA System

  • #1,281
  • Oct 22, 2010 1:38pm Oct 22, 2010 1:38pm
See for yourself the version:
Phantom14_Add_02_taz TP10
extern double MaxMarginToUse = 0.4;
extern double Lots = 0.1;
extern double ProfitPct = 1.3;
extern double MaxMiniProfit = 1000.0;
extern double MaxStdProfit = 10000.0;

extern int MagicNumber = 777666;

best regards
vienna
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  • #1,282
  • Oct 22, 2010 1:44pm Oct 22, 2010 1:44pm
MetaCoder or Frazer,

The "Bailout" input in the EA;

When set to true, what exactly will happen?
Will the EA stop entering new positions,
but will monitor the open positions and close them
at the time the specified profit% is reached?

Thank you
  • #1,283
  • Oct 22, 2010 1:55pm Oct 22, 2010 1:55pm
Quoting vienna
See for yourself the version:
Phantom14_Add_02_taz TP10
extern double MaxMarginToUse = 0.4;
extern double Lots = 0.1;
extern double ProfitPct = 1.3;
extern double MaxMiniProfit = 1000.0;
extern double MaxStdProfit = 10000.0;

extern int MagicNumber = 777666;

best regards
vienna

Very nice, vienna. The lower entry pips and higher profit percent seem to be working very, very well.

I have not seen ActiveTrades on any of the lists of brokers who will or will not accept US clients. Do you happen to know if they will or not?
Frazer
  • #1,284
  • Oct 22, 2010 2:10pm Oct 22, 2010 2:10pm
activtrades do not accept us clients
  • #1,285
  • Oct 22, 2010 2:18pm Oct 22, 2010 2:18pm
Quoting tazmaan
activtrades do not accept us clients
taz, you seem to be very knowledgeable in this area. Do you have any recommendations for offshore brokers with small spreads and 500:1 leverage that still accept US clients?
Frazer
  • #1,286
  • Oct 22, 2010 3:29pm Oct 22, 2010 3:29pm
I am going to be going with tadawulfx. 500:1, decent spreads, and very quick deposits/wd's as I know quite a few ppl who have been trading there awhile.
My buddy has an ib link you can use, any kickback he might get goes to his daughter's scoliosis fund, so if you're interested pm me and i'll give it to u. doubt I can post it here.
  • #1,287
  • Oct 22, 2010 3:36pm Oct 22, 2010 3:36pm
After a few of us trading some of these EAs for a couple of years it might be hard finding a broker that allows EAs.
Open to new approaches.
  • #1,288
  • Oct 22, 2010 3:39pm Oct 22, 2010 3:39pm
Quoting frazerd
taz, you seem to be very knowledgeable in this area. Do you have any recommendations for offshore brokers with small spreads and 500:1 leverage that still accept US clients?
Aren't US traders now unable to open offshore fx accounts?
Open to new approaches.
  • #1,289
  • Oct 22, 2010 3:47pm Oct 22, 2010 3:47pm
Quoting vienna
See for yourself the version:
Phantom14_Add_02_taz TP10
extern double MaxMarginToUse = 0.4;
extern double Lots = 0.1;
extern double ProfitPct = 1.3;
extern double MaxMiniProfit = 1000.0;
extern double MaxStdProfit = 10000.0;

extern int MagicNumber = 777666;

best regards
vienna
vienna, I wonder if you can test on tadawul?

Handy link: http://www.tadawulfx.com/public/trad...x-account.html
Open to new approaches.
  • #1,290
  • Oct 22, 2010 3:56pm Oct 22, 2010 3:56pm
if you want it tested on tadawul, its one of the brokers that has a .05 minlot and .05 minlotstep. so it gets tricky.
And yes, if you believe you should be free to make your own choices and not our idiotic government choosing for you, you can open an account wherever u choose
There is a long list of brokers still allowing us clients, who don't abide by the stupid CFTC and feel no need to follow their rules since they are not governed by them
By that's more than enough ranting as far as that's concerned lol
  • #1,291
  • Oct 22, 2010 3:58pm Oct 22, 2010 3:58pm
I haven't seen anything that prohibits offshore trading. I believe that there is no law against it, YET. CFTC seems to be trying to stop it by getting the offshore brokers to cooperate with them. There are many offshore brokers who are cooperating and not allowing US clients, but there are still many who are still accepting us apparently.
Frazer
  • #1,292
  • Oct 22, 2010 4:01pm Oct 22, 2010 4:01pm
If someone can recommend good MT4 brokers that still allow US traders, I'm all ears. Forgive my ignorance in this area as I've been focused on trading strategies and coding for so long.
The money is there to be taken, we know how to do it, but we need a level playing field.

In exchange for help and guidance in this area I'll be the best little EA coder you ever saw.
Open to new approaches.
  • #1,293
  • Oct 22, 2010 4:04pm Oct 22, 2010 4:04pm
Looking at the list provided here, http://forums.babypips.com/224843-post273.html, Uni-FX (UK) looks like a good choice. If anyone has any experience with them I would appreciate some feedback.
Frazer
  • #1,294
  • Oct 22, 2010 4:09pm Oct 22, 2010 4:09pm
Quoting Pluto2
MetaCoder or Frazer,

The "Bailout" input in the EA;

When set to true, what exactly will happen?
If Bailout is set true, the EA will do NOTHING.
Open to new approaches.
  • #1,295
  • Oct 22, 2010 4:11pm Oct 22, 2010 4:11pm
Quoting frazerd
Looking at the list provided here, http://forums.babypips.com/224843-post273.html, Uni-FX (UK) looks like a good choice. If anyone has any experience with them I would appreciate some feedback.
Thanks frazerd. Thank you TONS.

Now my friend, it's time to wrap up this long long R&D road we've been on and cash in.

If I can find a broker where the live trades work as on Collective FX, and I can have decent leverage (100:1 will do), and no dumb fees, I'm off to the races.
Open to new approaches.
  • #1,296
  • Oct 22, 2010 4:30pm Oct 22, 2010 4:30pm
supposedly collective thinks they are exempt from the leverage changes. at least that's been their stance all along. Did something change? As far as I've heard, if you are with collective you don't need to change a thing (hedging, fifo, leverage still the same).
  • #1,297
  • Oct 22, 2010 4:34pm Oct 22, 2010 4:34pm
Quoting MetaCoder
If I can find a broker where the live trades work as on Collective FX, and I can have decent leverage (100:1 will do), and no dumb fees, I'm off to the races.
I'm with you MC and maybe a little ahead of you. I went live with GoMarkets about 3 weeks ago, thinking they were going to continue to deal with US clients - WRONG. I have just closed that account and withdrew my funds with a 15% profit. The money is back in my bank account and I'm looking for the right place to put it now.
Frazer
  • #1,298
  • Oct 22, 2010 4:40pm Oct 22, 2010 4:40pm
try http://www.axistrader.com.au/but one can still use alternate basket method and ibfx but modify basket numbers eg as i do eg http://my.jetscreenshot.com/demo/20101022-jlw6-296kb

ok manual trade but its easy to do for youguys this is an example of basket trades using alternate eg amigos core 5 ect

so one can make great profit without eas or brokers problems

realively easy so with your eas modified to adapt to market changes you can still make nice money

best regards hopethis helps

from BRIAN
  • #1,299
  • Oct 22, 2010 4:41pm Oct 22, 2010 4:41pm
Quoting tazmaan
supposedly collective thinks they are exempt from the leverage changes. at least that's been their stance all along. Did something change? As far as I've heard, if you are with collective you don't need to change a thing (hedging, fifo, leverage still the same).
Collective FX charges fees to trade with them.
Open to new approaches.
  • #1,300
  • Oct 22, 2010 4:42pm Oct 22, 2010 4:42pm
Is it possible to have a basket close with a loss of more 2% ? I mean just when market close half an hour before, the EA have closed all trades with a big loss. Maybe the market has moved so quickly that for closing 18 trades with a 0.5% profit turns in 2% loss at the end ?
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