SharePosts by mistificator
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I can confirm this story as I got hit hard at ThinkForex on 30th October, they denied any order modification when MDP fired, and execution for order opening took 5-10 seconds, instead of previously good execution of 600-700 ms. They denied everything (they always do) and refused to adjust for losses that accounted for about 15% account loss.
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DaggerDirk posted:
A word from an insightful insider. Version 3.87 of Metaquotes Trade manager (nicknamed "the slug") was issued to participating brokers on 29 Oct 2011 to defeat MDP and a couple of other lesser known scalpers. It......
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demo haha
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8 order configuration traded 2 times, first batch lost and second won, net positive, 3 order configuration traded ONLY 1 time, all won. Good day.
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There is no ECB today. There is ADP Unemp from US. In rare case it can provoke a trade from MDP
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Oanda MT4 doesn't allow to use trade comments (it changes your comment to the system one once pending order is opened), MDP or any other robot that relies on using trade comments won't have any control of its trades. MDP uses both comments and magic numbers. Once you start trading higher lots Oanda won't permit order modification as well. All is well described earlier in this very thread. Those who don't learn on experience of others must learn on their own.
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Search through the topic, I reported my issues with Oanda like 5 month ago in a high detail
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CBuilder posted:
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Eddie_Morra posted:
Now I got a lot of errors, I guess oanda doesn't like the EA. However, 1 successful trade, hit TP.
Expert-Log: http://pastebin.com/ZPFVzPGv
Journal: http://pastebin.com/6dvL4yJH
I guess I have to change the broker then.
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Hi Eddie, i have started using oanda too, today i got 1 trade that hit the TP too, but 3 trades hit SL at -40 pips each!!! but i am not receiving any errors.
i am very new to MDP, but i guess -40 pips is not n......
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Usually when NFP is on 1st of the month, it's moved for 1 week, perhaps same rule is when NFP is on 2nd of the month too.
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Sure, here is more information: try to find it on calendars this week :D
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it's not an NFP week. NFP is postponed.
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It has nothing to do with leverage. Some brokers use minis as their standards, i.e. 1.0 lot on some brokers equals 10 000 units, not 100 000 units. Leverage will only change the margin required to open a certain trade, not the size of the trade.
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mikono posted:
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crashev posted:
Yes that was funny to associate leverage with lot sizes ;]
It's really amazing that ppl trade forex and still don't know what is the leverage
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Perhaps I didn't put it correctly. Sorry.
You can look into Dan's account here: http://www.myfxbook.com/members/tradinfool/dan-mdp/148717
He......
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