CAD-Trader (By ebnerfred)
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CAD-Trader Discussion
Member Since Jun 14, 2010
28 posts

forex_trader_23106
Member Since Nov 19, 2010
44 posts
Jun 16, 2011 at 22:40
Member Since Nov 19, 2010
44 posts
Caution: If MM = False and you choose your own lotsize, then it appears SecuritySL is not in effect. i.e. it will not close your losing positions at desired % loss.
I currently have 8 open sell positions on and earlier today was -25% open drawdown on account balance and all positions are still open. This is with a setting of 20% SecuritySL.
I currently have 8 open sell positions on and earlier today was -25% open drawdown on account balance and all positions are still open. This is with a setting of 20% SecuritySL.
Jun 16, 2011 at 22:56
Member Since May 28, 2011
8 posts
pips 11
MM true
lot size .01
maxspread 8
win per trade 12
risk 4.5
securitySL 50
increase lots true
number of trades 3
increase factor 1.5
ok now i remember i changed 'number of trades' to 3 and 'increase lots' to true, that's it. -hope this helps
MM true
lot size .01
maxspread 8
win per trade 12
risk 4.5
securitySL 50
increase lots true
number of trades 3
increase factor 1.5
ok now i remember i changed 'number of trades' to 3 and 'increase lots' to true, that's it. -hope this helps
Jun 19, 2011 at 04:16
Member Since Jan 29, 2011
17 posts
sgibbs2000 posted:
Caution: If MM = False and you choose your own lotsize, then it appears SecuritySL is not in effect. i.e. it will not close your losing positions at desired % loss.
I currently have 8 open sell positions on and earlier today was -25% open drawdown on account balance and all positions are still open. This is with a setting of 20% SecuritySL.
If you have MM = false, then also SecuritySL should work. It does for my account.
Jun 20, 2011 at 07:38
Member Since Jan 29, 2011
17 posts
sgibbs2000 posted:
Yes I run the old version. True it technically is not a hedge until there is 2 open trades going in opposite directions.
However, US brokers consider it a hedge just by placing opposite orders at the same time on the same pair and therefore automantically cancel one side the of the trade. Thus only leaving either a buy limit or a sell limit. The new US regs also did away with bracket trading for news breakouts, ect. since those types of trades had 2 pending orders on the same pair as well.
If there was a way to make the limit orders internal like you mentioned above, I believe this would make the EA US compliant.
That would be great.
Thanks ebnerfred.
I have a version now, that should work for MBTrading, because I hide the limit orders now.
Can you send a mail to [email protected] with your Plimus reference, that you got when you bought the EA, then I will send the version for MBT to you.

forex_trader_29148
Member Since Feb 11, 2011
1768 posts
Jul 20, 2011 at 13:26
(edited Jul 20, 2011 at 13:26)
Member Since Feb 11, 2011
1768 posts
any update on it?

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