Burger Straddle Script

Thanks a bunch! Youre the man!

This seems to work great on currencies, but when I run it on the Dax or the FTSE it places the orders very close to the current price. I'm assuming that the calculations within it have only been coded to cope with currencies?

Can anyone shed any light on this or advise please?

hi, anyone knows how to modify this script to work with 5 digit brokers? also
my broker seems doesn't allow the order to be placed because they are hedged. anyway around this? thanks.

It works fine with 5 digit brokers. Just enter all the parameters with extra "zero".

what type account is suitable for use burger straddle in smartradefx?
Micro? Mini?

I just loaded a new MT4 and uploaded the Burger Saddle Script. But, when I load the script nothing happens. I have loaded it on another MT4 and it works just fine. Any thoughts?

Can use burger straddle with Smarttradefx?

Anybody use it?
how it works?

Hello everybody

Does anybody knows what is the currently price of BK script ?
and what's the restrictions ?

This weird thing constantly happens to me with BSS take profit:

As the price approaches very close to the TP limit, the script automatically moves TP further away..then again and again. So the TP never gets executed. Has this ever happen to anyone with the latest 3i-version? How to fix this?

Hello
in my version the problem isn't exist

send screen with your setting soo maybe i can help you

Thanks for trying to help me out.

Actually, there is something with bid/ask lines..here is the situation (buy stop): when the ASK (red line) approaches and hits the original TP and moves forward script tries to continuously adjust TP to ask-line's current position..so the following bid line, which would close the trade, never get to hit the TP, since it's always adjusted forward away to ask line, for a spread-distance (3-5 pips).

Here are my basic settings (4 digit broker and I do not use set2):

Set 1
BuyLot1 = 1
SellLot1 = 1
StopLoss1 = 100
TakeProfit1 = 300
TrailingStop1 = 150
MaxTrailingStop1 = 999 (to disable it by this)

Set 2
BuyLot2 = 0.0
SellLot2 = 0.0
StopLoss2 = 0
TakeProfit2 = 0
TrailingStop2 = 0
MaxTrailingStop2 = 0

MinDistance = 90
OrdDistance = 90
MaxDistance = 90
MaximumSpread = 120

NewsTime = 8:30
SecStartOrder = 15
SecModifyOrder = 5
SecDeleteOrder = 30
SecTrailingTime = 999 (also to disable it by this)

EnableSound = FALSE
OneCancelOther = FALSE

BSS version 3i. Thoughts/suggestions..anyone? Why would the script even modify TP level..and especially like that?

hello ... I saw this thread: and let me know if you're still running straddle??

I too would like to know if anyone is currently, successfully using the Straddle? I noticed that a couple of the scripts on here are designed for 4-digit brokers, and if you run them on a 5-digit broker (as I am) you get interesting results (in backtest). If you then modify/set the program to run continuously (Straddle&Trail_v31, for example), not just at news time, and calculate position sizes based on account balance, not fixed lot size, the results get even more interesting, ie, ludicrous.

So, what am I missing? Do brokers object to this kind of (scalping) program? I know Alpari UK does not.

I think the program works because it takes small profits all the time and the stop losses are small too.

Anyone have any comments or advice as to why this program, with modifications, would not work in a forward test?

anyone else having a bastard of a time getting this to work live? goes like a freight train on demo, but orders go "poof" and vanish with my live broker.

perhaps i'm using an old version...or i'm missing something imbecilic/being a dimwit.

Hi there,

Firstly I'd like to say this has been a fantastic thread to read and I'm really chuffed to have found it. This script is amazing.

I would just like to enquire as to whether it's possible to have it amended ever so slightly..? BK, if you're still monitoring this thread.. nudge nudge ;o).

I need to be able to choose whether to have the long 'leg' only or short 'leg' only available or both. I know that by having either short only or long only it is no longer a 'straddle' but I need to have trades open at a specific time in one direction or the other and this script is the best out there in the way it handles the process.

If there is anyone out there able to help me with this I'm more than happy to pay for the mod..

BK, you would be the perfect person to do this and I'm happy to pay for your time :o).

Thank you.

Hello. Amazing script. Ive got it working perfectly on 5 decimal currency pairs (add an extra 0) but how do I make it work on 3 decimal currency pairs? (for example USD/JPY).

hello

there is a problem i have. I talked with my broker but it says the script can do this. but i am not sure ?

This happened on today trade on the news AUD retail sales. As you see TP was set above the Sell order. It is impossible normally because MT4 gives INVALID TP SL.

Is it possible under any circumstance? Or it is broker failure ?

here was the order. i was testing the sys

Open TimeTypeSizeItem PriceS / LT / PClose Time PriceCommissionTaxesSwapProfit

2012.05.30 01:30sell0.05audusdm0.978960.980670.980022012.05.30 01:300.980020.000.000.00-5.30

Hi,

i tried the burger straddle in demo with good feelings but i got this error

your license only allows $5 per pip trades.

i know that i have the shareware version, where can i buy a license?


thanks!

Hello every one,

I made 50 pips on e/j whit this method today. It is really a good way of trading.

Thanks BurgerKing. God bless you.