CAD-Trader (Oleh ebnerfred)
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CAD-Trader Perbincangan
Ahli sejak Jan 29, 2011
17 hantaran
Jun 10, 2011 at 07:35
Ahli sejak Jan 29, 2011
17 hantaran
danfx posted:
Hi!
I have the same issues as the threadstarter. CAD-trader opens a million orders on my Oanda-Account. I see the problem has been solved for him. Could anybody tell me what to do to stop the EA sending endless orders ??
Hello,
as you can see at my website www.cad-trader.com, OANDA will not be supported any longer, because it seems, that with their own Metatrader Platform they do what they want and do not use different standards.
Ahli sejak Jun 14, 2010
28 hantaran
Jun 13, 2011 at 07:07
Ahli sejak Jun 14, 2010
28 hantaran
Currently up 225 pips since I started the EA on Thursday (3 trading days). Let's hope this EA continues to do this awesome!
With God, all things are possible!
Ahli sejak Jan 29, 2011
17 hantaran
Jun 13, 2011 at 07:25
Ahli sejak Jan 29, 2011
17 hantaran
fineguywhosnice posted:
Currently up 225 pips since I started the EA on Thursday (3 trading days). Let's hope this EA continues to do this awesome!
Good to hear
Ahli sejak Jan 29, 2011
17 hantaran
Jun 13, 2011 at 07:25
Ahli sejak Jan 29, 2011
17 hantaran
I changed the EA to v1.2 with the default settings now.
Ahli sejak Feb 16, 2010
1305 hantaran
Jun 13, 2011 at 08:32
(disunting Jun 13, 2011 at 08:33)
Ahli sejak Feb 16, 2010
1305 hantaran
I'm kinda wondering why the owner doesn't trade his own EA with real money....... maybe cause it's a very dangerous, grid/price averaging EA?
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Ahli sejak Jan 29, 2011
17 hantaran
Jun 13, 2011 at 08:48
Ahli sejak Jan 29, 2011
17 hantaran
forexma posted:
I'm kinda wondering why the owner doesn't trade his own EA with real money....... maybe cause it's a very dangerous, grid/price averaging EA?
I have the EA also running in my live account, but because I have also some other EAs running and I also trade manually, I do not have it via Myfxbook.
Within the next 1 or 2 weeks I will also open an live account, that is only for the CAD-Trader EA.

forex_trader_23106
Ahli sejak Nov 19, 2010
44 hantaran
Jun 13, 2011 at 18:49
Ahli sejak Nov 19, 2010
44 hantaran
Running on demo now since 6/11/2011 (6 trading days). +486 pips, 90% winners, +34% gain on acct.
Tried to put it on Live account (MB Trading) Found out it wont run on USA based account. Will not allow Hedging! error. It will only place one side of the trade, and continually give "journal errors". Bummer.. May look for non-USA broker who will accept US customers to try on live acct. Especially if demo keeps do this well.
I like the "max_risk_%" feature. It looks at all your open postions and treats them like one trade. If all your open postions get to a certain % draw down, it will close all positons. This is basically your Stop Loss. So keep in mind, set this input to what you can live with as a percentage of your account.
Tried to put it on Live account (MB Trading) Found out it wont run on USA based account. Will not allow Hedging! error. It will only place one side of the trade, and continually give "journal errors". Bummer.. May look for non-USA broker who will accept US customers to try on live acct. Especially if demo keeps do this well.
I like the "max_risk_%" feature. It looks at all your open postions and treats them like one trade. If all your open postions get to a certain % draw down, it will close all positons. This is basically your Stop Loss. So keep in mind, set this input to what you can live with as a percentage of your account.
Ahli sejak May 10, 2010
360 hantaran
Jun 13, 2011 at 18:56
Ahli sejak May 10, 2010
360 hantaran
Insider call this feature on marty/grid EAs the blood, sweat& tears feature 😝
Ahli sejak Jan 29, 2011
17 hantaran
Jun 13, 2011 at 19:20
Ahli sejak Jan 29, 2011
17 hantaran
sgibbs2000 posted:
Running on demo now since 6/11/2011 (6 trading days). +486 pips, 90% winners, +34% gain on acct.
Tried to put it on Live account (MB Trading) Found out it wont run on USA based account. Will not allow Hedging! error. It will only place one side of the trade, and continually give "journal errors". Bummer.. May look for non-USA broker who will accept US customers to try on live acct. Especially if demo keeps do this well.
I like the "max_risk_%" feature. It looks at all your open postions and treats them like one trade. If all your open postions get to a certain % draw down, it will close all positons. This is basically your Stop Loss. So keep in mind, set this input to what you can live with as a percentage of your account.
Do you mean the new version or the old version? I can not see, what should be hedging in this version? If you have 2 limit orders, that are away about 22 pips, what should be hedging there?
If this is really a problem, I will make an update of the EA, so that the limit orders are internaly in the EA and not on the platform.
Ahli sejak Jun 14, 2010
28 hantaran
Jun 13, 2011 at 19:41
Ahli sejak Jun 14, 2010
28 hantaran
I am using the old version and often there are both buy and sell orders open on mine as well. Currently all open orders (3) are sell orders. I will say that sometimes there is only one limit order open instead of two, which I find odd but if i delete that one order then two new ones will pop up; or restarting the platform works also.
With God, all things are possible!

forex_trader_23106
Ahli sejak Nov 19, 2010
44 hantaran
Jun 13, 2011 at 22:58
Ahli sejak Nov 19, 2010
44 hantaran
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.
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.

forex_trader_23106
Ahli sejak Nov 19, 2010
44 hantaran
Jun 13, 2011 at 23:04
Ahli sejak Nov 19, 2010
44 hantaran
FXPro, I have no idea what your post even means? please say what you mean not in code language.. Thank you😎
Ahli sejak Sep 24, 2010
7 hantaran
Jun 15, 2011 at 18:25
Ahli sejak Sep 24, 2010
7 hantaran
Wow I just started this EA a couple days ago, talk about bad timing!.
I'm practically wiped out on an account of 250 GBP! Down 80% in 2 days! on default settings.
what settings are you using ebnerfred to get the results you are getting?
I'm practically wiped out on an account of 250 GBP! Down 80% in 2 days! on default settings.
what settings are you using ebnerfred to get the results you are getting?
Ahli sejak May 28, 2011
8 hantaran
Jun 15, 2011 at 19:31
Ahli sejak May 28, 2011
8 hantaran
i have 2.1 default settings except for Increase Lots at True. 80+ pips on my live micro, one week!
Ahli sejak Sep 24, 2010
7 hantaran
Jun 15, 2011 at 19:56
Ahli sejak Sep 24, 2010
7 hantaran
ah, Im using v 1.1 bought off ebay for 5 USD...!
Ahli sejak Jun 14, 2010
28 hantaran
Jun 15, 2011 at 20:01
Ahli sejak Jun 14, 2010
28 hantaran
Hey NKDurrani, you should not have drawdown like that. Clearly you are waaaaaaaaaaaay too agressive. I am currently down only 1% on my account with the current settings:
Pips 15
Max spread 4
win per trade 12
risk 5
increase lots FALSE
number of trades 5
those are the basic settings that you need!
I started the EA on June 9th and I'm currently up 7% and my max drawdown has been about 5%.
Pips 15
Max spread 4
win per trade 12
risk 5
increase lots FALSE
number of trades 5
those are the basic settings that you need!
I started the EA on June 9th and I'm currently up 7% and my max drawdown has been about 5%.
With God, all things are possible!
Ahli sejak May 10, 2010
360 hantaran
Jun 15, 2011 at 20:56
(disunting Jun 15, 2011 at 20:59)
Ahli sejak May 10, 2010
360 hantaran
It will not prevent you to get one day a heavy loss or even a MC. Just make some serious backtests before risking real money...
Ahli sejak Sep 24, 2010
7 hantaran
Jun 15, 2011 at 21:49
Ahli sejak Sep 24, 2010
7 hantaran
Hi fineguywhosnice , what about MM, on or off? and Lot size?
I had a 250 gbp account size, so what would you put lot size to?
I had a 250 gbp account size, so what would you put lot size to?
Ahli sejak Jan 29, 2011
17 hantaran
Jun 15, 2011 at 21:55
Ahli sejak Jan 29, 2011
17 hantaran
NKDurrani posted:
Hi fineguywhosnice , what about MM, on or off? and Lot size?
I had a 250 gbp account size, so what would you put lot size to?
Hi,
you bought an illegal version of the EA on Ebay. Do you really think, that this works like the original version?
I saw some illegal versions of the EA on the market, but they are not correctly decompiled at all.
Ahli sejak Sep 24, 2010
7 hantaran
Jun 16, 2011 at 10:20
Ahli sejak Sep 24, 2010
7 hantaran
ok ebnerfred, I have just bought the official version from your site.
Can you tell me the settings you use to achieve 200% in 3 months on your account?
Can you tell me the settings you use to achieve 200% in 3 months on your account?

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