GBP/JPY Momentum (By RouletteTrader)
The user has made his system private.
GBP/JPY Momentum Discussion
Sep 18, 2017 at 01:59
571 Views
7 Replies
Member Since Dec 04, 2010
1557 posts
Oct 28, 2017 at 06:36
I notice the current open trade didn't close when it reached negative 125 pips like the SL for all previous trades? Why is the SL now 250 on this open trade? did the robot automatically increase the SL or is this a manual adjustment? cheers
Member Since Jan 31, 2016
18 posts
Oct 29, 2017 at 08:07
Hi Ozzie, you are not seeing the whole picture. The initial stop-loss is always 250 pips but it has never hit it so there is no record of that in the trade history. The 125 pip stops you see in the trade history are the trailing stop after the trade moves well into profit. It's the last recorded stop-loss so that's what it shows. It says '250 Stop-Loss' in many places on the sales page: https://roulettetrader.com/gbpjpy-momentum
Member Since Dec 04, 2010
1557 posts
Oct 31, 2017 at 06:11
(edited Oct 31, 2017 at 06:18)
RouletteTrader posted:okay I understand now thanks for the explanation. Although on the other hand when I look at trade analytics for the closed profit trades why do some say it went positive over 300 pips, and yet closed around the 125 pips. If TP was 125 pips how can a trade go positive 300 plus pips and close at around 125 pips? Cheers much appreciated. I have purchased the 3 robot pack to start and will start trades soon.
Hi Ozzie, you are not seeing the whole picture. The initial stop-loss is always 250 pips but it has never hit it so there is no record of that in the trade history. The 125 pip stops you see in the trade history are the trailing stop after the trade moves well into profit. It's the last recorded stop-loss so that's what it shows. It says '250 Stop-Loss' in many places on the sales page: https://roulettetrader.com/gbpjpy-momentum
Member Since Jan 31, 2016
18 posts
Nov 01, 2017 at 07:27
aeronthomas posted:That's not possible. A 125 pip profit target is set the moment each trade is opened and it never changes. Whatever analytics you're looking at are wrong or you're misreading it.RouletteTrader posted:okay I understand now thanks for the explanation. Although on the other hand when I look at trade analytics for the closed profit trades why do some say it went positive over 300 pips, and yet closed around the 125 pips. If TP was 125 pips how can a trade go positive 300 plus pips and close at around 125 pips? Cheers much appreciated. I have purchased the 3 robot pack to start and will start trades soon.
Hi Ozzie, you are not seeing the whole picture. The initial stop-loss is always 250 pips but it has never hit it so there is no record of that in the trade history. The 125 pip stops you see in the trade history are the trailing stop after the trade moves well into profit. It's the last recorded stop-loss so that's what it shows. It says '250 Stop-Loss' in many places on the sales page: https://roulettetrader.com/gbpjpy-momentum
Member Since Dec 04, 2010
1557 posts
Nov 01, 2017 at 10:33
it must be a myfxbook mistake then, if you look at the last column for the trades where it has the blue / red graphs it shows the progression of the trade and it shows maximum and min pips while the trade was opened, entry percentage accuracy and exit percentage accuracy etc. you may want to ask myfxbook about it, as could be confusing for potential purchases. cheers thanks for your explanations.
Jan 10, 2020 at 09:25
Hi RT, there seems like a few months the EA wasn't trading. Was that deliberate? Overall looks like a solid system. Going by myfxbook and your website data. Could you tell me how many times a month on average it is supposed to trade?
Thank you.
Thank you.
Member Since Jan 31, 2016
18 posts
Jan 10, 2020 at 14:33
Hi Steve,
The Momentum EA requires large moves to trigger a trade so it does not trade during low volatility, which can happen for a few weeks or even months at a time. If you see a month without any trades, this is why. It sits patiently while it waits for the big moves.
The Momentum EA requires large moves to trigger a trade so it does not trade during low volatility, which can happen for a few weeks or even months at a time. If you see a month without any trades, this is why. It sits patiently while it waits for the big moves.
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