GBP/JPY Momentum (de RouletteTrader)

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Discusión GBP/JPY Momentum

Sep 18, 2017 at 01:59
Vistas 726
7 Replies
Miembro desde Dec 04, 2010   posts 1557
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
Miembro desde Jan 31, 2016   posts 18
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
Miembro desde Dec 04, 2010   posts 1557
Oct 31, 2017 at 06:11 (editado Oct 31, 2017 at 06:18)
RouletteTrader posted:
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
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.
Miembro desde Jan 31, 2016   posts 18
Nov 01, 2017 at 07:27
aeronthomas posted:
RouletteTrader posted:
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
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.
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.
Miembro desde Dec 04, 2010   posts 1557
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.
Miembro desde Aug 24, 2018   posts 2
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.
Miembro desde Jan 31, 2016   posts 18
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.
Miembro desde Aug 24, 2018   posts 2
Jan 10, 2020 at 15:24
Thank you very much for the prompt response.
Regards, Steve.
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