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Simplicity is the Ultimate Sophistication

  • #341
  • Apr 4, 2017 2:21am Apr 4, 2017 2:21am
Quoting grandaevus
{quote} What is your broker? Mine is icmarkets. Max spread is 0.1 pips

Ah, you pay a "comission" instead of a spread then or..?

I use ActivTrades.. avg ~ 0.5 spread on EU

I use them mostly because they got insanely good support, within 24h withdrawal and just feels.. safe? been around since 2001, regulated by the FCA "or whatever they're called".. best broker i've used so far "not trying to sell them to anyone.. just my honest opinion!"
  • #342
  • Edited 2:42am Apr 4, 2017 2:32am | Edited 2:42am
Quoting Timnyman94
{quote} Ah, you pay a "comission" instead of a spread then or..? I use ActivTrades.. avg ~ 0.5 spread on EU I use them mostly because they got insanely good support, within 24h withdrawal and just feels.. safe? been around since 2001, regulated by the FCA "or whatever they're called".. best broker i've used so far "not trying to sell them to anyone.. just my honest opinion!"
Yes you're right. If activetrades eurusd spread is 0.5 and you don't pay any commission, then it's cheaper than icmarkets

In icmarkets eurusd spread is usually 0 or 0.1 but commission is 0.7 pips so your actual cost is 0.1 + 0.7 = 0.8 pips.

But i prefer low spread ecn brokers.

Because, a high spread has a high negative effect on your trades and your strategy.
  • #343
  • Apr 4, 2017 2:39am Apr 4, 2017 2:39am
Green pips for everyone! "except me.. or 1.. :'(" haha
  • #344
  • Edited 3:00am Apr 4, 2017 2:44am | Edited 3:00am
Closed out @ tp. Done for today.
  • #345
  • Apr 4, 2017 2:57am Apr 4, 2017 2:57am
Quoting grandaevus
Closed out @ tp

Good job! the "higher" spread saved you from being stopped out at breakeven xD! sometimes it's a blessing! haha
  • #346
  • Apr 4, 2017 3:05am Apr 4, 2017 3:05am
Quoting Timnyman94
{quote} Good job! the "higher" spread saved you from being stopped out at breakeven xD! sometimes it's a blessing! haha
In fact, not higher but lower spread saved me from being stopped out at breakeven.

Yours should not be stopped either. Are you trading this strategy manually or with an ea?

If using ea, could you please send a screenshot of your external variable settings?
  • #347
  • Apr 4, 2017 3:14am Apr 4, 2017 3:14am
today attached the EA at the chart , then on 9.00 the ea didnt open a trade, open a manual trade.
sell stop @1.0660
TP@ 1.0650
open two trade, first trade TP already,
second trade still in trade move SL　to BE+1

But suddenly the EA open a trade on 1.0650
although the london session time already set at 10:00
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  • #348
  • Apr 4, 2017 3:16am Apr 4, 2017 3:16am
After price has triggered sellstop order and a short order has started to run, price has gone down hit 1.06523, moved up to order open price and then returned back made a new low and closed out @tp.

Is your price feed different than 1.06523?
  • #349
  • Edited 3:44am Apr 4, 2017 3:23am | Edited 3:44am
Quoting grandaevus
{quote} In fact, not higher but lower spread saved me from being stopped out at breakeven. Yours should not be stopped either. Are you trading this strategy manually or with an ea? If using ea, could you please send a screenshot of your external variable settings?
if you want,you can use my referal link https://icmarkets.com/?camp=9995 to open the account in icmarkets, it will give you comission deduction from 7$/lot to 5.5$/lot.

hope it can helps you to reduce the fee.
  • #350
  • Apr 4, 2017 3:27am Apr 4, 2017 3:27am
Quoting zentrader8
today attached the EA at the chart , then on 9.00 the ea didnt open a trade, open a manual trade. sell stop @1.0660 TP@ 1.0650 open two trade, first trade TP already, second trade still in trade move SL　to BE+1 But suddenly the EA open a trade on 1.0650 although the london session time already set at 10:00 {image} {image}
What is your broker? Have you attached the ea before 9:00 or after 9:00?
  • #351
  • Apr 4, 2017 3:28am Apr 4, 2017 3:28am
Quoting grandaevus
After price has triggered sellstop order and a short order has started to run, price has gone down hit 1.06523, moved up to order open price and then returned back made a new low and closed out @tp. Is your price feed different than 1.06523?
\
Nope its the same. i notice when it take profit on my manual trade, the EA open a trade on 10:37.Maybe its because of internet problem?
  • #352
  • Apr 4, 2017 3:29am Apr 4, 2017 3:29am
Quoting zentrader8
today attached the EA at the chart , then on 9.00 the ea didnt open a trade, open a manual trade. sell stop @1.0660 TP@ 1.0650 open two trade, first trade TP already, second trade still in trade move SL　to BE+1 But suddenly the EA open a trade on 1.0650 although the london session time already set at 10:00 {image} {image}
Zen you've attached the ea on 15 minutes time frame. It should be 1h. Never change the time frame while an ea is running.

Open a seperate 1h chart. Attach the ea with default settings except commisssion. Change it to 0.55
  • #353
  • Apr 4, 2017 3:39am Apr 4, 2017 3:39am
Quoting grandaevus
{quote} Zen you've attached the ea on 15 minutes time frame. It should be 1h. Never change the time frame while an ea is running. Open a seperate 1h chart. Attach the ea with default settings except commisssion. Change it to 0.55
ah i see, so i should change it to 1h?
it gives different when i attached to 15 m and 1 h?
  • #354
  • Apr 4, 2017 3:45am Apr 4, 2017 3:45am
Quoting zentrader8
{quote} ah i see, so i should change it to 1h? it gives different when i attached to 15 m and 1 h?
Absolutely. Since your strategy says look the high / low of the candle that opens 2 HOUR before London opening , i wrote the code of ea to work on 1h chart.
  • #355
  • Edited 3:58am Apr 4, 2017 3:47am | Edited 3:58am
Quoting zentrader8
{quote} if you want,you can use my referal link https://icmarkets.com/?camp=9995 to open the account in icmarkets, it will give you comission deduction from 7$/lot to 5.5$/lot. hope it can helps you to reduce the fee.
Frankly, i've been deciding to change the platform and move to ctrader or mt5 from mt4
  • #356
  • Apr 4, 2017 4:20am Apr 4, 2017 4:20am
Quoting grandaevus
{quote} Frankly, i've been deciding to change the platform and move to ctrader or mt5 from mt4
i see. actually i prefer ctrader rather than mt5.
if you use my link and open c-trader account, it also will give you commision deduction 8% on c-trader account.

Hope it can helps you
  • #357
  • Apr 4, 2017 7:10am Apr 4, 2017 7:10am
Quoting grandaevus
{quote} In fact, not higher but lower spread saved me from being stopped out at breakeven. Yours should not be stopped either. Are you trading this strategy manually or with an ea? If using ea, could you please send a screenshot of your external variable settings?
Manually.. once price hit xxx i moved it manually to +1, having 0.5~ spread stopped me out on the retracement then it went back down ;p but meh.. i'm happy anyhow.. seeing the "system" working! need to finetune it just!

BTW Zen!

where did you come up with the 10 pip TP and 15 pips SL? i mean.. why not 15-15, or 10-10 or whatever? why just those exact numbers?
  • #358
  • Apr 4, 2017 7:30am Apr 4, 2017 7:30am
Quoting Timnyman94
{quote} Manually.. once price hit xxx i moved it manually to +1, having 0.5~ spread stopped me out on the retracement then it went back down ;p but meh.. i'm happy anyhow.. seeing the "system" working! need to finetune it just! BTW Zen! where did you come up with the 10 pip TP and 15 pips SL? i mean.. why not 15-15, or 10-10 or whatever? why just those exact numbers?
Charts show bid prices.

For short orders, you should use ask price.

Please try the ea, it will do all these calculations.
  • #359
  • Apr 4, 2017 7:46am Apr 4, 2017 7:46am
Quoting grandaevus
{quote} Charts show bid prices. For short orders, you should use ask price. Please try the ea, it will do all these calculations.

I'm having a hard time trusting EA's xD but might be worth a shot since i'm not always awake at 7 ;p haha


The h1 chart with the EA on it, i can't change my chart timeframe at all there? always needs to be at h1?
  • #360
  • Apr 4, 2017 8:14am Apr 4, 2017 8:14am
Quoting Timnyman94
{quote} I'm having a hard time trusting EA's xD but might be worth a shot since i'm not always awake at 7 ;p haha The h1 chart with the EA on it, i can't change my chart timeframe at all there? always needs to be at h1?
Yes, just open a seperate 1h chart, attach ea on this cart, change external variable settings if necessary.

Most important setting is LondonSessionOpeningTime.
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