CAD-Trader (By ebnerfred)
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CAD-Trader Обсуждение
Участник с Jan 29, 2011
17 комментариев
Jun 10, 2011 at 07:35
Участник с Jan 29, 2011
17 комментариев
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.
Участник с Jun 14, 2010
28 комментариев
Jun 13, 2011 at 07:07
Участник с Jun 14, 2010
28 комментариев
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!
Участник с Jan 29, 2011
17 комментариев
Jun 13, 2011 at 07:25
Участник с Jan 29, 2011
17 комментариев
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
Участник с Jan 29, 2011
17 комментариев
Jun 13, 2011 at 07:25
Участник с Jan 29, 2011
17 комментариев
I changed the EA to v1.2 with the default settings now.
Участник с Feb 16, 2010
1305 комментариев
Jun 13, 2011 at 08:32
(отредактировано Jun 13, 2011 at 08:33)
Участник с Feb 16, 2010
1305 комментариев
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."
Участник с Jan 29, 2011
17 комментариев
Jun 13, 2011 at 08:48
Участник с Jan 29, 2011
17 комментариев
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
Участник с Nov 19, 2010
44 комментариев
Jun 13, 2011 at 18:49
Участник с Nov 19, 2010
44 комментариев
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.
Участник с May 10, 2010
360 комментариев
Jun 13, 2011 at 18:56
Участник с May 10, 2010
360 комментариев
Insider call this feature on marty/grid EAs the blood, sweat& tears feature 😝
Участник с Jan 29, 2011
17 комментариев
Jun 13, 2011 at 19:20
Участник с Jan 29, 2011
17 комментариев
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.
Участник с Jun 14, 2010
28 комментариев
Jun 13, 2011 at 19:41
Участник с Jun 14, 2010
28 комментариев
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
Участник с Nov 19, 2010
44 комментариев
Jun 13, 2011 at 22:58
Участник с Nov 19, 2010
44 комментариев
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
Участник с Nov 19, 2010
44 комментариев
Jun 13, 2011 at 23:04
Участник с Nov 19, 2010
44 комментариев
FXPro, I have no idea what your post even means? please say what you mean not in code language.. Thank you😎
Участник с Sep 24, 2010
7 комментариев
Jun 15, 2011 at 18:25
Участник с Sep 24, 2010
7 комментариев
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?
Участник с May 28, 2011
8 комментариев
Jun 15, 2011 at 19:31
Участник с May 28, 2011
8 комментариев
i have 2.1 default settings except for Increase Lots at True. 80+ pips on my live micro, one week!
Участник с Sep 24, 2010
7 комментариев
Jun 15, 2011 at 19:56
Участник с Sep 24, 2010
7 комментариев
ah, Im using v 1.1 bought off ebay for 5 USD...!
Участник с Jun 14, 2010
28 комментариев
Jun 15, 2011 at 20:01
Участник с Jun 14, 2010
28 комментариев
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!
Участник с May 10, 2010
360 комментариев
Jun 15, 2011 at 20:56
(отредактировано Jun 15, 2011 at 20:59)
Участник с May 10, 2010
360 комментариев
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...
Участник с Sep 24, 2010
7 комментариев
Jun 15, 2011 at 21:49
Участник с Sep 24, 2010
7 комментариев
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?
Участник с Jan 29, 2011
17 комментариев
Jun 15, 2011 at 21:55
Участник с Jan 29, 2011
17 комментариев
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.
Участник с Sep 24, 2010
7 комментариев
Jun 16, 2011 at 10:20
Участник с Sep 24, 2010
7 комментариев
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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