Discusión FxPapa Expert Advisor

Hi all,

I think this EA is great but has 2 serious flaws:

1. It lacks a good automatic newsfilter (from what I can tell)

2. It lacks good risk management on the client/slave side


Cheers,

San.

San4x, Number 1 I totally agree. I think Number 2 is good, though. And you set your own risk.

   Anchorpoint posted:
   Is it possible to run papa together with other EAs on a MT4 terminal?

yes. I am doing that. If you need many EAs on the same account, you can create 2 instances of MT for the same account.

Unless you have a scalper that deals in seconds, each MT instance should be able to handle 3-4 EAs without problem.

Dear Clients

New update of FxPapa Expert Advisor is ready.

Please uninstall the previous version first.

Please download the new version using Member Area.

Please notice that in the new version you have 2 expert advisors.

Please attach 'FxPapa Expert Advisor 4.1 EURUSD' to EURUSD H1 Chart and 'FxPapa Expert Advisor 4.1 GBPUSD' to GBPUSD H1 Chart.

New Parameters

‐ Use_Fixed_Lot_Size : If you set it to 'true' the EA will open the trades with a fixed lot size.
‐ Fixed_Lot_Size : Lot size to be used if you set the 'Use_Fixed_Lot_Size' to 'true'.
‐ Max_Spread : Max acceptable spread for the pair before opening a new trade.
‐ Hide_SL_TP : Set it to 'true' if you want to hide SL and TP levels.
‐ Buy_Allowed : Set it to 'false' if you don't want the EA to open 'Buy' trades.
‐ Sell_Allowed : Set it to 'false' if you don't want the EA to open 'Sell' trades.

You can set the risk for each pair separately.


Best Regards
Mike
www.fxpapa.com

Got mine install already. Thanks Papa.

thanks papa
I think now is perfect, thanks for fast changing the program based on the user comment. 😄

i did not get the GBP/USD trade (7-11-2012) that is showing on Papas myfxbook. Did any one else get this trade?

MagAccount
yes i got the trade in GBP/USD

Mr FXPAPA,
have you stopped tracking your generic EA ?

Regards
Aref

Hi FXPapa,
Can you give us any ideas on the money management please.
Presuming we trade long and short on both pairs which risk setting should we use?
Will there still be a max of three trades on one pair?
Will there be three trades on both pairs at the same time?

Thanks,
Bigsteve

wow..Good EA 😄

Is anyone having the new version crash the Mt4 platform? I have two MT4 instances running three other EAs each, but when I add FX papa it crashes within the hour, sometimes in minutes... the old version worked fine. 😕

@kentegroup
same problem here with MT4 Build 432.
Have already written to FxPapa but no answer till now.

Kentegroup posted:
Is anyone having the new version crash the Mt4 platform? I have two MT4 instances running three other EAs each, but when I add FX papa it crashes within the hour, sometimes in minutes... the old version worked fine. 😕

divebubble posted:
@kentegroup
same problem here with MT4 Build 432.
Have already written to FxPapa but no answer till now.

Hi

It seems we have to create an update for MT4 Build 432.

Please contact our support and we will let you know when it gets ready.

Regards

The last Mt4 update I have is 419... I thought Mt4 was supposed to automatically update? Anyway, is there any problem using FxPapa with build 419? Thank you.

   rgmann posted:
   The last Mt4 update I have is 419... I thought Mt4 was supposed to automatically update? Anyway, is there any problem using FxPapa with build 419? Thank you.

Hi

We also have the same version as yours.

There is no problem using MT4 build 419.

Regards

   BigSteve posted:
   Hi FXPapa,
Can you give us any ideas on the money management please.
Presuming we trade long and short on both pairs which risk setting should we use?
Will there still be a max of three trades on one pair?
Will there be three trades on both pairs at the same time?

Thanks,
Bigsteve

Hi

Please use default setting.

The EA trades only on 1 pair at the same time.

The money management strategy is still the same as last version.

Regards

Hi,
I am interested to this EA.
Can I use it on Pepperstone-Razor 1:400, 100 $ account ?
Do you suggest to use a VPS?
Have you a refound policy ?
thanks in advance
Giovanni