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NightChannelTrader (By positiveday )

The user has deleted this system.

NightChannelTrader Discussion

socalengineer
Apr 12 2012 at 17:36
33 posts
When will it be available?
quangmach
Apr 15 2012 at 06:48
15 posts
Same question. Is it available to purchase?
positiveday
Apr 17 2012 at 06:15
51 posts
Hello, many thanks for your interest in NCT.
Please follow on our website : https://www.steadyonfx.com
Regards

Carlo
In hoc signo vinces
Mohamed Talaat (egy4x)
Apr 22 2012 at 10:54
3 posts
Same question. Is it available to purchase?
Anchorpoint
Apr 22 2012 at 12:03
77 posts
Yes it is now ready for purchase. Same pricing as Number One, here is the link:

https://www.steadyonfx.com/index.php/products/night-channel-trader-nct/
positiveday
Apr 22 2012 at 23:10
51 posts

   Anchorpoint posted:
   Yes it is now ready for purchase. Same pricing as Number One, here is the link:

https://www.steadyonfx.com/index.php/products/night-channel-trader-nct/

Hi many thanks, it's true.
😄
In hoc signo vinces
fx_raptor
May 23 2012 at 06:53
27 posts
Does this EA has a SL,already hit DD more than 10%,still holding the postion ,if GU continue goes down,when will this system stop loss,or will never until blow out
peterbr
May 24 2012 at 09:12
3 posts
Does this system have an emergency stop?

No indication of basic risk control given on the website.
"Never argue ... give only results" Benjamin Disraeli 1804-1881
positiveday
May 24 2012 at 19:30
51 posts
Yes, there is a maximum DrawDown value, when the value is reached all order are closed or NCT will send an hedge order to freeze all (the user can choice).
In hoc signo vinces
Anchorpoint
May 30 2012 at 19:34
77 posts
Now floating drawdown is close to 35%. That is a lot, how deep will it go before it closes out positions?
positiveday
May 30 2012 at 20:09
51 posts
Hello Anchorpoint, this ea, like all ea, has a Money Management that can be freely set by the user.
I've set this ea for maximum trading risk and (obviously) maximum gain.

This is not an hedge fund, this is an expert advisor.
This is an example of how can trade this expert advisor.

You can run it at 1/4 of risk, you will get 1/4 of gains and you will receive 1/4 of drawdown.

A guy on our forum said that he knows another expert advisor that works better, with more gain and less risk.
Well, he can trade with that expert advisor.

This running copy of NCT has a setting with 55% of maximum drawdown, after that drawdown he will send an hedge order.
😄
In hoc signo vinces
Fabio
Jun 01 2012 at 09:59
5 posts
Hello Carlo, does this system is in hedge now ?
Why the drawdown is not displayed ?

Thanks
positiveday
Jun 01 2012 at 10:18
51 posts
Hello Fabio, the drawdown is shown in 'Info' + 'Stats' panel.
The value shown is : 55.37%
It could send the hedge order if the price goes down further.
In hoc signo vinces
winnerforex
Jun 01 2012 at 17:15
162 posts
A no-stop loss strategy will FAIL ONCE.. It is a universal truth in forex...


jsintl
Jun 01 2012 at 17:39
155 posts
Hi Positiveday,

During this time of GBP/USD trending, can this EA trade only at the direction of the trend?

Tks,
Fabio
Jun 01 2012 at 20:35
5 posts
Graphics stops updating after 11 of May, not good ...
positiveday
Jun 01 2012 at 21:55
51 posts

   Fabio posted:
   Graphics stops updating after 11 of May, not good ...

Hello Fabio, seems you have some problem reading MyFxBook data.
The update is done frequently, as needed from MyFxBook.
See 'Info' + 'Stats' , at the end of the pane, you will see the last update time of data after the 'Updated : '.
😄
In hoc signo vinces
positiveday
Jun 01 2012 at 21:58
51 posts

   jsintl posted:
   Hi Positiveday,

During this time of GBP/USD trending, can this EA trade only at the direction of the trend?

Tks,

Yes, it can trade only in trend direction.
😄
In hoc signo vinces
RPP123
Jun 01 2012 at 22:14
45 posts
no mater what you trade grid or martingale it will always will get you sooner or later,

46% DD it's to much,the problem with EA's they don't have emotions,

i don't see this EA diffrent then GridMeUp or cable run etc,

Human trader was cutting lost fast,

i wish everyone good luck.
Fabio
Jun 04 2012 at 15:03
5 posts
no problem reading myfxbook Carlo,
simply you have stopped graphics update at 16 of May 2012

Cheers
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