December - Closed (bei forex_trader_33635)
Der Benutzer hat dieses System gelöscht.
December - Closed Diskussion
forex_trader_38021
Mitglied seit May 31, 2011
54 Posts
Nov 02, 2012 at 00:41
hopefully they fix it.
usually before i used to have problems when updating an forex account. i usually use their myfxbook ea and that works fine instead using an ftp setting.
u could use their ea. just an suggestion :)
-Rogelio
usually before i used to have problems when updating an forex account. i usually use their myfxbook ea and that works fine instead using an ftp setting.
u could use their ea. just an suggestion :)
-Rogelio
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 10, 2012 at 06:17
Why is the Equity > Balance:
XE markets is handing out 100% deposit bonuses and as a result the equity > balance at all times, However, Myfxbook records the non adjusted equity for drawdown statistics that you can see in the equity graph.
Why the Closure of EURJPY trades?
The large lots size were from hitting level 14 on EURJPY. The closure of these larger lots are a new feature that I'm working out because Forex Identity handles trades individually. What this means is that we can close any open position manually ( or through coding ) and the Basket TakeProfit will readjust based on the open positions automatically. Therefore there is no harm in closing the largest Lots when their in profit/ when its Friday/ when the Risk is too high / or for any other reason. Once the positions are closed, they can re open again at a later time.
The pros: Larger Lots produce huge profits. Retracements normally do not occur within a day, therefore the EA has opportunities to boost the profits with these larger lots and still have the opportunity to re-enter at the previously entry level
The cons: When larger lots are closed, the Basket TakeProfit is pushed farther away delaying the overall basket close.
New Update coming out this weekend. Stay Tuned.
XE markets is handing out 100% deposit bonuses and as a result the equity > balance at all times, However, Myfxbook records the non adjusted equity for drawdown statistics that you can see in the equity graph.
Why the Closure of EURJPY trades?
The large lots size were from hitting level 14 on EURJPY. The closure of these larger lots are a new feature that I'm working out because Forex Identity handles trades individually. What this means is that we can close any open position manually ( or through coding ) and the Basket TakeProfit will readjust based on the open positions automatically. Therefore there is no harm in closing the largest Lots when their in profit/ when its Friday/ when the Risk is too high / or for any other reason. Once the positions are closed, they can re open again at a later time.
The pros: Larger Lots produce huge profits. Retracements normally do not occur within a day, therefore the EA has opportunities to boost the profits with these larger lots and still have the opportunity to re-enter at the previously entry level
The cons: When larger lots are closed, the Basket TakeProfit is pushed farther away delaying the overall basket close.
New Update coming out this weekend. Stay Tuned.
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 11, 2012 at 11:28
Important Update Today. Please download the latest version from our website
https://www.pipinvestment.com/forex-identity
Your current version will expire in 14 days. Please upgrade As soon as possible.
New Features added.
1.) Order level is now included in the Order Comment for easy reference.
2.) Close All Orders at MaxLevel
3.) Basket Breakeven added at SafeModelevel
4.) High Frequency Trading Mode: Both XE markets and TradeFort are complaining. Please use HFT = 2 for these brokers. Else use 1. By adding this feature, the Messages to the server will be reduced by 4 times.
5.)The whole SafeMode mechanism has been reworked to allow future development and more versatility. Please check out the online manual. Thanks everyone for all the feedback.
https://www.pipinvestment.com/forex-identity
Your current version will expire in 14 days. Please upgrade As soon as possible.
New Features added.
1.) Order level is now included in the Order Comment for easy reference.
2.) Close All Orders at MaxLevel
3.) Basket Breakeven added at SafeModelevel
4.) High Frequency Trading Mode: Both XE markets and TradeFort are complaining. Please use HFT = 2 for these brokers. Else use 1. By adding this feature, the Messages to the server will be reduced by 4 times.
5.)The whole SafeMode mechanism has been reworked to allow future development and more versatility. Please check out the online manual. Thanks everyone for all the feedback.
Nov 12, 2012 at 06:22
It is a bad day for few of my EA, while MT4 upgrades to 445 and many reason.
I use 0.82 and suddenly stop working and it closed all charts( not even one day), I put 0.85 there, It doesn't pick up the old trades with other error messages.
I decide to manual close up my loss basket and come back with this program after 1 month.
I use 0.82 and suddenly stop working and it closed all charts( not even one day), I put 0.85 there, It doesn't pick up the old trades with other error messages.
I decide to manual close up my loss basket and come back with this program after 1 month.
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 12, 2012 at 06:38
The issue was fixed within about an hour. Both 0.8.2 and 0.8.5 will work after a Reboot of MT4.
Version 0.8.2 will expire in 14 days, since 0.8.5 is the Latest edition.
0.8.5 will continue to manage all existing trades from 0.8.2 if you use the same setting from 0.8.2
Therefore the TimeFrame and Cycle must be the same as before.
Long Cycle: Cycle = 0
Shot Cycle: Cycle = 1
Mini Cycle: Cycle = 2
Version 0.8.2 will expire in 14 days, since 0.8.5 is the Latest edition.
0.8.5 will continue to manage all existing trades from 0.8.2 if you use the same setting from 0.8.2
Therefore the TimeFrame and Cycle must be the same as before.
Long Cycle: Cycle = 0
Shot Cycle: Cycle = 1
Mini Cycle: Cycle = 2
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 12, 2012 at 06:43
Rickyv101 posted:
It is a bad day for few of my EA, while MT4 upgrades to 445 and many reason.
MT4 Updates ( New Build ) always cause issues. It is best thing to do is delete the AutoUpdate.EXE from the MT4 Directory and avoid any Build Update. If new features or improvements are made, we can later download a Build Release that is NOT in BETA MODE.
Metaquotes likes to use us as their Beta Testers
Mitglied seit Aug 21, 2011
6 Posts
Nov 13, 2012 at 17:48
Are the stats are «adjusted» to reflect that it is a cent account? If the calculation is based on a 125$ deposit, instead of 12,500(cents), everything is biased, right?
Profit factor of 20,45% with a 24,36% DD!? It's the «Holy Grail»!
I'm I missing something here?
Jeff
Profit factor of 20,45% with a 24,36% DD!? It's the «Holy Grail»!
I'm I missing something here?
Jeff
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 14, 2012 at 07:53
@Jeff_Trader Stats adjusted? No i don't believe so. Stats are based on Pips in respect to Profit factor. DD is based on Equity vs balance - bonus.
This is a nano account, so the balance isn't multiplied by a factor of 100 like most cent accounts. On a cent account, you deposit $125 and the balance will look like $12500. This account shows the actual Dollar Value which is nice.
Holy Grail? No such thing in FX unless you have some Arbitrage system making Demo Billions and you can make a withdrawal 😁
This system is Martingale with Dynamic Grid. The setting I'm using are High Risk but can achieve High Reward since I've increased the MaxOrderlevel to > 13
This is a nano account, so the balance isn't multiplied by a factor of 100 like most cent accounts. On a cent account, you deposit $125 and the balance will look like $12500. This account shows the actual Dollar Value which is nice.
Holy Grail? No such thing in FX unless you have some Arbitrage system making Demo Billions and you can make a withdrawal 😁
This system is Martingale with Dynamic Grid. The setting I'm using are High Risk but can achieve High Reward since I've increased the MaxOrderlevel to > 13
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 14, 2012 at 12:17
ForexScam posted:
Balance 125 nano account at XEmarkets
W/100% Credit Bonus.
Baselotsize = 0.01
MaxOrderLevels = 9
SuperCharge = True
SafeMode = 7
SafeModeLogic = 5
ShortCycles = True
PAIRS: EURUSD - GBPUSD - EURCAD - EURJPY - CADCHF - EURCAD --> Also Testing More Pairs
Baselotsize = 0.01
MaxOrderLevels = 14
SuperCharge = 1
UseLogic = 0
SafeModeLevel = 7
SafeMode = 2
SafeModeLogic = 1
Cycle = 0
BigRecovery = 1
HFT = 2
TimeFrame = M1 is best
--> Also Testing More Pairs in Directional use only, like AUDJPY and CADJPY Long ONLY.
I'm also using This strategy on M30 - - GBPUSD - https://www.myfxbook.com/strategies/forex-identity-maxlevel-6/26368
Mitglied seit Aug 21, 2011
6 Posts
Nov 14, 2012 at 13:29
ForexScam posted:
@Jeff_Trader Stats adjusted? No i don't believe so. Stats are based on Pips in respect to Profit factor. DD is based on Equity vs balance - bonus.
This is a nano account, so the balance isn't multiplied by a factor of 100 like most cent accounts. On a cent account, you deposit $125 and the balance will look like $12500. This account shows the actual Dollar Value which is nice.
Holy Grail? No such thing in FX unless you have some Arbitrage system making Demo Billions and you can make a withdrawal 😁
This system is Martingale with Dynamic Grid. The setting I'm using are High Risk but can achieve High Reward since I've increased the MaxOrderlevel to > 13
Thank's for the precision. I've realized the the gain/profit is reflecting the «real» amount in $, not in cents... It's relatively particular to see a 3.5 lots transaction with a 25 pips gain having (only) a couple of $ in profit...
Q: Is a 5,000 cents account at 1:1000 with TradeFort is enough to start with ease an reasonable expectancies? Thank's for reply.
Nov 15, 2012 at 23:29
ForexScam posted:ForexScam posted:
Balance 125 nano account at XEmarkets
W/100% Credit Bonus.
Baselotsize = 0.01
MaxOrderLevels = 9
SuperCharge = True
SafeMode = 7
SafeModeLogic = 5
ShortCycles = True
PAIRS: EURUSD - GBPUSD - EURCAD - EURJPY - CADCHF - EURCAD --> Also Testing More Pairs
Baselotsize = 0.01
MaxOrderLevels = 14
SuperCharge = 1
UseLogic = 0
SafeModeLevel = 7
SafeMode = 2
SafeModeLogic = 1
Cycle = 0
BigRecovery = 1
HFT = 2
TimeFrame = M1 is best
--> Also Testing More Pairs in Directional use only, like AUDJPY and CADJPY Long ONLY.
I'm also using This strategy on M30 - - GBPUSD - https://www.myfxbook.com/strategies/forex-identity-maxlevel-6/26368
Are you regularly changing the settings on this account? Have you changed from 9 to 14 levels? Was that based on your increased balance? If we are start with $30 per .01 per pair would we use all of the new settings above other than maxorder=9 rather than 14? Seems you also changed the safemodelogic (5 to 1) and safemode (7 to 2) and make no mention of the safemodelevel in the original settings.
You have EURCAD listed 2x as pairs, should one be USDCAD?
thanks for the info.. your results look great so far.
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 17, 2012 at 16:11
(bearbeitet Nov 17, 2012 at 16:17)
XEmarkets almost blocked my account ( exceeding their 10,000 message calls per day ) with previous setting.
I'll need to update my website and on this discussion with current setting. As a result, Last week I only traded Long on JPY pairs: cad/jpy audjpy And EURJPY was in FreezeMode from the previous week therefore it was waiting for the upward retracement to close the baskets, and then froze again from entering a new buy basket.
The increased MaxOrderLevel was only on EURUSD / EURJPY as I decided to use the bonus. Now that my balance is much greater I'll need to recalculate levels again and decide on setting. ( $30 per 0.01 was based on level 9 )
The safemode is completely revamped from the previous release. Previous 'SafeMode' is now 'SafeModeLevel,' and safeMode is the actual Options within the Safety Feature. Before the 0.8.5 release the SafeMode Value ( 7) engaged all the Safety setting. Now we can choose the Level and the Safety features. --> A lot more CONTROL. Therefore the SafeModeLevel would be 7 and the SafeMode =2
USDCAD Was added last week in SELL Only as well as GBPUSD BUY Only ( 10x risk ) - These are new cycles with Cycle = 1!
SafeModeLogic 5 vs 1 is more restrictive and waits for a longer term trend to develop. Since the markets are still consolidating I reverted back to 1 since its based on smaller trend cycles.
I still have large baskets on all the other traded pairs except EURJPY ( no trades ) and since the Baskets are in high levels, I didn't want to turn on the EA and have XEmarkets block my account. Therefore this last week I started fresh baskets as I mentioned above. The Broker made it quite troublesome for me and I'm trying to make the best of it.
I'll need to update my website and on this discussion with current setting. As a result, Last week I only traded Long on JPY pairs: cad/jpy audjpy And EURJPY was in FreezeMode from the previous week therefore it was waiting for the upward retracement to close the baskets, and then froze again from entering a new buy basket.
The increased MaxOrderLevel was only on EURUSD / EURJPY as I decided to use the bonus. Now that my balance is much greater I'll need to recalculate levels again and decide on setting. ( $30 per 0.01 was based on level 9 )
The safemode is completely revamped from the previous release. Previous 'SafeMode' is now 'SafeModeLevel,' and safeMode is the actual Options within the Safety Feature. Before the 0.8.5 release the SafeMode Value ( 7) engaged all the Safety setting. Now we can choose the Level and the Safety features. --> A lot more CONTROL. Therefore the SafeModeLevel would be 7 and the SafeMode =2
USDCAD Was added last week in SELL Only as well as GBPUSD BUY Only ( 10x risk ) - These are new cycles with Cycle = 1!
SafeModeLogic 5 vs 1 is more restrictive and waits for a longer term trend to develop. Since the markets are still consolidating I reverted back to 1 since its based on smaller trend cycles.
I still have large baskets on all the other traded pairs except EURJPY ( no trades ) and since the Baskets are in high levels, I didn't want to turn on the EA and have XEmarkets block my account. Therefore this last week I started fresh baskets as I mentioned above. The Broker made it quite troublesome for me and I'm trying to make the best of it.
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 17, 2012 at 16:20
Jeff_Trader posted:
Q: Is a 5,000 cents account at 1:1000 with TradeFort is enough to start with ease an reasonable expectancies? Thank's for reply.
I wouldn't use TradeFort at all. This broker is blocking accounts almost every day and often on days when accounts go into drawdown. Spring cleaning in November is what it sounds like. There's an interesting discussion over at donnaforex about this broker.
I'd use XE markets with minimum $150usd
Nov 17, 2012 at 16:26
(bearbeitet Nov 17, 2012 at 16:26)
thanks for the update. I've been having grief all week with XEM as there servers keep going offline and causing my terminals to freeze with the message invalid account. A reboot of the terminal is required to resolve the issue and get connected again. Have to check the vps every so often to make sure my terminals remain connected.
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 17, 2012 at 16:34
Me too. same issues. Have any ideas for this.
I think we can do a IsCOnnected test, and if it fails, use a windows handle to close the platform , and use a RestartAfterCrash App to reopen mt4, however, I've noticed we still need to go through the Login process again.
I think we can do a IsCOnnected test, and if it fails, use a windows handle to close the platform , and use a RestartAfterCrash App to reopen mt4, however, I've noticed we still need to go through the Login process again.
Nov 17, 2012 at 16:40
I use the app from mt4i yoyo do exactly that. Problem is when it reboots you need too manually help with the login process since the previous login attempts resulted in invalid account. I also get emails from my 4x trader tools.
I'm supposed to get a call on Monday from a top xem manager so I will be giving him an ear full. Several ppl are reporting this same issue and xem is blaming customers.
I'm supposed to get a call on Monday from a top xem manager so I will be giving him an ear full. Several ppl are reporting this same issue and xem is blaming customers.
Nov 18, 2012 at 06:06
(bearbeitet Nov 18, 2012 at 06:15)
I have to stop testing 'Forex Indentity' and other EA for awhile, Because both XEMarket and trade fort are bad now, XEM, all EA have invalid accounts badly problem. Trade Fort is even worst, My sister doesn't know computer well, so I helped her to set up her account (I told her not to take any bonus and she did) in my house because of same IP address problem, They still labeled me ' Scam their bonus', They took my earned bonus money away and Lock all my money up unless I finish trading 225 full size lots. ( Remember they are doing ramdom accounts blocking, How can I finish 225 full size lots trading without losing money?)
forex_trader_33635
Mitglied seit Apr 08, 2011
26 Posts
Nov 18, 2012 at 07:09
XEmarkets problems are much more recent and we're trying to see how XE markets handles our concerns.
TradeFort is blocking accounts that send more than 3000 messages to their servers a day without notice ( very unethical ) while XEmarkets are contacting customers before blocking accounts, however XEmarkets has begun disconnecting our accounts through Server IP changes which Logs us out of our accounts and we have to manually Log back in. ( Also unethical).
Keep in mind that Cent Brokers are MarketMakers and must ''in house our trades''. They can not offset their risk by sending our orders to the open market (ECN). As a result, the broker MUST Play games to prevent us from making money. As we are experiencing.
TradeFort is blocking accounts that send more than 3000 messages to their servers a day without notice ( very unethical ) while XEmarkets are contacting customers before blocking accounts, however XEmarkets has begun disconnecting our accounts through Server IP changes which Logs us out of our accounts and we have to manually Log back in. ( Also unethical).
Keep in mind that Cent Brokers are MarketMakers and must ''in house our trades''. They can not offset their risk by sending our orders to the open market (ECN). As a result, the broker MUST Play games to prevent us from making money. As we are experiencing.
forex_trader_32776
Mitglied seit Mar 28, 2011
1008 Posts
Nov 18, 2012 at 07:25
Great Questions below!
I changed Cycles =1 to Cycle = 0 !Does the EA still control the positions from Cycle = 0?
No, Once you change to Long Cycle, the Older positions will wait until Retracement to close out basket. You can always change back to Cycle = 1 to manage the short cycle. Or add another chart with same TimeFrame and same settings but have Cycles = 1 and Cycles = 0 on the two charts.
Right now the DD-basket on EURJPY includes 8 orders. I guess due to the strong move against the positions the SafeMode kicked in and the EA didn�t open the ninth order anymore. Under what circumstances the EA may open the ninth short-position for that basket?
The 9th Trade will only Enter once the Trend has changed into a DOWN Trend, This is how the SafeMode feature works. It will change the logic to prevent More positions from opening in wrong direction.
I would like to close the Short cycles and start using Long Cycles, What should I do?
I would Turn On Freeze Mode, Continue Using Cycle = 1 and Let the Robot manage the positions until the baskets are closed out. And while this is happening , I would start a New Basket in Long Cycles on a New Chart.
Should I increase the MaxOrderLevel from 9 to maybe 12 or 14?
Yes, You can do this as well. This is what I did on my official account. However it adds more risk and could also increase the Profit once the basket closes out. I would start at 11 and Let the EA work with that setting before increasing to Higher Levels. You can always increase the Levels later and do so gradually.
Should I take a Loss or Wait for TakeProfit?
You can Turn SafeMode to 3 and the Basket will Close at BreakEven but I would wait to close at profit unless you reach higher levels and your account can not sustain the open drawdown.
What is Better? SafeModeLogic 5 = Long Term Trend. While 1 = short term trend. Is 1 better or riskier ?
Riskier , Additional Order will Enter sooner. By using 5, the EA will wait until the longer term trend shifts.
I changed Cycles =1 to Cycle = 0 !Does the EA still control the positions from Cycle = 0?
No, Once you change to Long Cycle, the Older positions will wait until Retracement to close out basket. You can always change back to Cycle = 1 to manage the short cycle. Or add another chart with same TimeFrame and same settings but have Cycles = 1 and Cycles = 0 on the two charts.
Right now the DD-basket on EURJPY includes 8 orders. I guess due to the strong move against the positions the SafeMode kicked in and the EA didn�t open the ninth order anymore. Under what circumstances the EA may open the ninth short-position for that basket?
The 9th Trade will only Enter once the Trend has changed into a DOWN Trend, This is how the SafeMode feature works. It will change the logic to prevent More positions from opening in wrong direction.
I would like to close the Short cycles and start using Long Cycles, What should I do?
I would Turn On Freeze Mode, Continue Using Cycle = 1 and Let the Robot manage the positions until the baskets are closed out. And while this is happening , I would start a New Basket in Long Cycles on a New Chart.
Should I increase the MaxOrderLevel from 9 to maybe 12 or 14?
Yes, You can do this as well. This is what I did on my official account. However it adds more risk and could also increase the Profit once the basket closes out. I would start at 11 and Let the EA work with that setting before increasing to Higher Levels. You can always increase the Levels later and do so gradually.
Should I take a Loss or Wait for TakeProfit?
You can Turn SafeMode to 3 and the Basket will Close at BreakEven but I would wait to close at profit unless you reach higher levels and your account can not sustain the open drawdown.
What is Better? SafeModeLogic 5 = Long Term Trend. While 1 = short term trend. Is 1 better or riskier ?
Riskier , Additional Order will Enter sooner. By using 5, the EA will wait until the longer term trend shifts.
