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December - Closed (による pipinvestmentbot )

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December - Closed 討論

Jayman007
Nov 15 2012 at 23:29
142 投稿
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.

ForexScam
Nov 17 2012 at 16:11
1008 投稿
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.


ForexScam
Nov 17 2012 at 16:20
1008 投稿
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

Jayman007
Nov 17 2012 at 16:26
142 投稿
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.

ForexScam
Nov 17 2012 at 16:34
1008 投稿
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.

Jayman007
Nov 17 2012 at 16:40
142 投稿
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.

Rickyv101
Nov 18 2012 at 06:06
69 投稿
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?)













pipinvestmentbot
Nov 18 2012 at 07:09
26 投稿
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.




Jayman007
Nov 18 2012 at 07:14
142 投稿
Hopefully XEM will provide adequate resolution to this recently occurring issue. I am monitoring the situation very closely and will report back one way or the other.

ForexScam
Nov 18 2012 at 07:25
1008 投稿
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.

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