FxPapa Expert Advisor (by FxPapa) Statistiques en bref
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FxPapa Expert Advisor Discussion
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Alec

Membre depuis Jul 24, 2011  91 messages Alec Apr 29 2012 at 20:05
Yeah, thanks Fabio :)

Alec

Membre depuis Jul 24, 2011  91 messages Alec Apr 29 2012 at 20:18
Hello FxPapa,

I was making some calculations, the other day, and got the strong impression the SL/Max. Drawdown is 200 pips. Is this correct?

Regards

FxPapa

Membre depuis Nov 26, 2011  136 messages FxPapa (FxPapa) Apr 29 2012 at 22:06

   Alec posted:
   Hello FxPapa,

I was making some calculations, the other day, and got the strong impression the SL/Max. Drawdown is 200 pips. Is this correct?

Regards


Dear Alec

The distance between the orders is not always the same but it's about 60 pips most of the time so you are correct.


Regards

http://www.fxpapa.com
BigSteve

Membre depuis Nov 23, 2010  48 messages BigSteve Apr 30 2012 at 00:36
Hello I am really new here and installed FXPapa last Thursday.
I have the EA installed on two separate broker's MT4's and on one here and there I see 'Error 721'
Anybody have a clue what this code means?
I really like the way FXPapa works its trades and looking forward to it.

lxboston

Membre depuis Sep 21, 2011  38 messages lxboston Apr 30 2012 at 00:48
Hi BigSteve

I would not worry about that message, it comes and goes.

Do you see 'Successfully connected to the FXPapa server?'

Brains always tell it how it is, while balls get it done.
BigSteve

Membre depuis Nov 23, 2010  48 messages BigSteve Apr 30 2012 at 01:29
Yes it does say connected to the server.
I appreciate that you have helped me, thank you lxboston, and have a nice week!!

jcarre

Membre depuis Nov 10, 2009  11 messages jcarre Apr 30 2012 at 10:34
Hello FxPapa,
The duration of my last trade on EU was only 23 m instead of 58 m on your account.
I though trade closures were triggered by the server and therefore trades were supposed to close at the same time for all the clients accounts. What could explain the above difference in closure time?

FxPapa

Membre depuis Nov 26, 2011  136 messages FxPapa (FxPapa) Apr 30 2012 at 13:31

   jcarre posted:
   Hello FxPapa,
The duration of my last trade on EU was only 23 m instead of 58 m on your account.
I though trade closures were triggered by the server and therefore trades were supposed to close at the same time for all the clients accounts. What could explain the above difference in closure time?



Hi

FxPapa closes the trades in 2 situations. First is when the trades touch the TP level and the second is when it receives the close order from our server.

Your trade has torched the TP level (about 8 pips) before our server sends the close order. This happens because of difference between your broker's and our broker's tick data.

Regards

http://www.fxpapa.com
CBuilder

Membre depuis Feb 29, 2012  26 messages CBuilder Apr 30 2012 at 13:36

   FxPapa posted:
   
   jcarre posted:
   Hello FxPapa,
The duration of my last trade on EU was only 23 m instead of 58 m on your account.
I though trade closures were triggered by the server and therefore trades were supposed to close at the same time for all the clients accounts. What could explain the above difference in closure time?



Hi

FxPapa closes the trades in 2 situations. First is when the trades touch the TP level and the second is when it receives the close order from our server.

Your trade has torched the TP level (about 8 pips) before our server sends the close order. This happens because of difference between your broker's and our broker's tick data.

Regards


so this means now that the EA no longer self closes the positions based on the 10% equity loss? i.e. your server will be calculating the 10% equity loss and when it is matched, it will send close signals to the clients.

that was my suggestion in an earlier post to be able to achieve closer results to your account, did you update the EA to work in that way?

thanks for the great EA

FxPapa

Membre depuis Nov 26, 2011  136 messages FxPapa (FxPapa) Apr 30 2012 at 13:46

   CBuilder posted:
   
   FxPapa posted:
   
   jcarre posted:
   Hello FxPapa,
The duration of my last trade on EU was only 23 m instead of 58 m on your account.
I though trade closures were triggered by the server and therefore trades were supposed to close at the same time for all the clients accounts. What could explain the above difference in closure time?



Hi

FxPapa closes the trades in 2 situations. First is when the trades touch the TP level and the second is when it receives the close order from our server.

Your trade has torched the TP level (about 8 pips) before our server sends the close order. This happens because of difference between your broker's and our broker's tick data.

Regards


so this means now that the EA no longer self closes the positions based on the 10% equity loss? i.e. your server will be calculating the 10% equity loss and when it is matched, it will send close signals to the clients.

that was my suggestion in an earlier post to be able to achieve closer results to your account, did you update the EA to work in that way?

thanks for the great EA


Hi

FxPapa closes the trades automatically when they reach to SL level(10% by default). It doesn't need our server order.

FxPapa may close the orders before they touch the TP or SL level if it gets the close order from our server.


Regards

http://www.fxpapa.com
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