What is the difference between addsix_a and addsix_x ?
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Any of my EAs that have x added contain the code that does not allow a trade unless allprevious trades on that pair are winners.. it precludes adding too many trades to a pair that may still be a winner, but has reversed and is on the way to being a loser.
I had a problem with one of my demos: Tadawull doesn' t have 0,01 increment so I' m running 24/7 on my VPS only this Phantom3_01x, Alpari UK, 500:1, MMTU: 0.4, PP: 1.0:
my 01x popped out just now. it took 3 min to close all
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roundrock,
I think we really need to add or change code to get these EA's to close faster. Once you get 20-30 trades open, price bounces around so fast that a winning basket can become a loser by the time all trades are closed. I looked at one of MC's statements and it took 4 min. to close 150 trades. I used a CloseAll script in a little experiment and closed 150 trades in 29 seconds.
roundrock,
I think we really need to add or change code to get these EA's to close faster. Once you get 20-30 trades open, price bounces around so fast that a winning basket can become a loser by the time all trades are closed. I looked at one of MC's statements and it took 4 min. to close 150 trades. I used a CloseAll script in a little experiment and closed 150 trades in 29 seconds.
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There is a 1 second delay to close each trade in MC's EA... I changed this to 100 milliseconds in mine.
I'm sure most of you who have tested have witnessed this before.
Once a trading "session" takes over 4 hours to complete, the chances are very small for it to recover.
I notice the best sessions are under 4 hours (i.e. fast)
I don't know how to take advantage of this, just putting it out there for the rest of you to think over.
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Yup I agree... thats why I try to trade during sessions starting a basket during the first few hours and then let it find the direction... by the end of the session a trend should be established... London seems to have two... ASIAN/LONDON overlap and London to London/NY overlap. I think by choosing your phantom times wisely you can take advantage of this.
1. Optimal MMTU and PP for your own Account Balance and Account Leverage
2. Take advantage of the best session times.
I think we are closer more than ever with your help Jag.
I was also on another thread started by ES Trader just recently [A simple breakout system] where he actually places his breakout trades just before each Forex session close - not on the session opens.
His reasoning is because the big traders want to "wrap up" their trades before the session ends, hence big market movement at around those times.
We can take advantage of his theory as well as the session opens/overlaps.
Yea I read that thread... it seems intuitive to want to close in profit if you have a billion dollars in the pocket... who knows that other sessions will bring.
I'm sure most of you who have tested have witnessed this before.
Once a trading "session" takes over 4 hours to complete, the chances are very small for it to recover.
I notice the best sessions are under 4 hours (i.e. fast)
I don't know how to take advantage of this, just putting it out there for the rest of you to think over.
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by trading session you mean the start of our first order ? then this is nothing to do with US,EU,AS market sessions.
you are saying if it takes more than 4 hours from first order, then most likely it will go slow and add several orders. is that true ? if that is the case then how do we know this cycle will take 2 hrs, 3 hrs, 4 hrs or 1 day , 2 days...
if we start our first order at EU opening or US opening then it will close faster ? one thing for sure most of times the orders placed in AS session are timepass orders, they dont go anywhere except making the broker happy
Thank you very much MetaCoder, i was looking for this kind of system from many months.
I think there is a big experience behind this system of trading, and i'm happy to see this strategy clearly explained.
Thank you again.
