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Burger Straddle Script

  • #521
  • Oct 13, 2010 6:23pm Oct 13, 2010 6:23pm
Hi Iamboston,

Thanks for the input... I have seen what happens when the spread is too large - it aborts the script and puts some text on the chart along the lines "Spread too Wide"

This I think might have something to do with how I've set up the 5-digit settings or maximum distance between buy and sell... something like that... but I could be way off.

Is there anyone who has successfully set this up on a 5-digit that could perhaps upload their *.set file please?
  • #522
  • Oct 14, 2010 1:33pm Oct 14, 2010 1:33pm
I think I figured it out... It might be just ending normally since nothing major happened within the set time (ie no pending orders filled within so many seconds of news time).
  • #523
  • Nov 5, 2010 5:38am Nov 5, 2010 5:38am
Hey burger
another quick 48 pips this time
Love it too bad only once a month
  • #524
  • Nov 5, 2010 11:29am Nov 5, 2010 11:29am
Quoting aussietrader
Hi Iamboston,

Thanks for the input... I have seen what happens when the spread is too large - it aborts the script and puts some text on the chart along the lines "Spread too Wide"

This I think might have something to do with how I've set up the 5-digit settings or maximum distance between buy and sell... something like that... but I could be way off.

Is there anyone who has successfully set this up on a 5-digit that could perhaps upload their *.set file please?
instead of say 3 as the spread type 30 for 5 digit
  • #525
  • Nov 6, 2010 5:36pm Nov 6, 2010 5:36pm
very early on there was a few post about using this script to do gap trades. I've seen no more talk about it has anyone out there tried and if so what where your settings and results. Here is a pic of EJ last Sunday opened with a 13 pip gap
UJ GJ EJ EU for gap trades
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 37 KB
  • #526
  • Nov 8, 2010 4:12pm Nov 8, 2010 4:12pm
Hi,

Can anyone please tell me how to go about getting the most up to date version of this script so I can start trading it live. It looks like it could help my news trading alot and I can't find where to purchase/get it from.

MM
  • #527
  • Dec 3, 2010 6:19am Dec 3, 2010 6:19am
for some reason the straddle didn't kick in this time on 3 different brokers no less. Sucks could ahve made some nice money

trade context busy errors
No wonder Unemplyment jumped to 9.8
  • #528
  • Jan 7, 2011 5:57am Jan 7, 2011 5:57am
2 out of 3 brokers kicked in for about 110 total pips give or take

Thanks for the pips Burger

I'm I the only guy doing this every month!!!!
  • #529
  • Jan 7, 2011 6:26am Jan 7, 2011 6:26am
dryclean,
Do you trade the major news releases using the straddle script?
  • #530
  • Jan 7, 2011 7:36am Jan 7, 2011 7:36am
Just NFP
  • #531
  • Jan 7, 2011 8:44am Jan 7, 2011 8:44am
Other important news releases are kind of hit and miss as to whether they will move the market. I've had some good results with it trading AUD news releases.

I also follow Henry Liu for news trading. He provides some good info.

http://www.henryliuforex.com/
  • #532
  • Jan 8, 2011 7:32am Jan 8, 2011 7:32am
Quoting dryclean
Just NFP
do you trade on live account or demo? the script does not allowes me to trade on live account.
  • #533
  • Jan 8, 2011 10:01am Jan 8, 2011 10:01am
hmm.. mine does. I trade live, but small positions.
  • #534
  • Jan 8, 2011 11:05am Jan 8, 2011 11:05am
Quoting Cesta
do you trade on live account or demo? the script does not allowes me to trade on live account.
Live
I think you must change settings for your broker add a 0 for 5 digit broker

also change lot to .1 NOT 10.0 unless your got the dosh
  • #535
  • Feb 4, 2011 12:23am Feb 4, 2011 12:23am
Quoting dryclean
2 out of 3 brokers kicked in for about 110 total pips give or take

Thanks for the pips Burger

I'm I the only guy doing this every month!!!!
hey dryclean,

could you tell me which brokers you use ?
Today i'll be testing several, but already I know, that in two cases script doesn't work...(it's running but not placing orders)
  • #536
  • Feb 4, 2011 5:45am Feb 4, 2011 5:45am
Quoting migelus
hey dryclean,

could you tell me which brokers you use ?
Today i'll be testing several, but already I know, that in two cases script doesn't work...(it's running but not placing orders)
sorry didn't get to you before

smartfx and forex4you. You cannot use us brokers need to hedge and no FIFO

Made a quick 60 today loving it
  • #537
  • Feb 5, 2011 12:58am Feb 5, 2011 12:58am
Quoting dryclean
sorry didn't get to you before

smartfx and forex4you. You cannot use us brokers need to hedge and no FIFO

Made a quick 60 today loving it

Hi dryclean,
thanks, I'll try with them, maybe on AUD

Ps: they have spread widening or slippage ?
I was with broker that had none of above, until I traded small amount, later he starts adding slippage.
another problem was, if order starts in gap, was canceled.
Did you have any of this problems?

thanks again :]
  • #538
  • Feb 5, 2011 6:56am Feb 5, 2011 6:56am
Quoting migelus
Hi dryclean,
thanks, I'll try with them, maybe on AUD

Ps: they have spread widening or slippage ?
I was with broker that had none of above, until I traded small amount, later he starts adding slippage.
another problem was, if order starts in gap, was canceled.
Did you have any of this problems?

thanks again :]
have only tried on NFP Friday. Go to the bathroom come back it is done never notice too much . Literally it take Less than a minute for this to trigger and close for me
  • #539
  • Feb 5, 2011 8:51am Feb 5, 2011 8:51am
Quoting dryclean
have only tried on NFP Friday. Go to the bathroom come back it is done never notice too much . Literally it take Less than a minute for this to trigger and close for me

Maybe you use difrent method, what price distance/ TP you are using?
  • #540
  • Feb 6, 2011 11:38am Feb 6, 2011 11:38am
Quoting migelus
Maybe you use difrent method, what price distance/ TP you are using?
the default settings are what i use except I use .1 lot insstead of 10
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