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100 Cents Only
v
Obchodné systémy
Dec 14, 2011 at 09:02
akmal, i notice you did some adjustments to your lot exponential. your positions aren't doublign anymore. what are you using?
Million Dollar Pips
v
Obchodné systémy
Dec 14, 2011 at 07:13
If I had run this on my own computer, latency is about 2200 ms. Which I often get stop out with small loss. My precious vps- forexalive, was also total garbage n I kept getting the "warning" notices in debug. Now no problems
Million Dollar Pips
v
Obchodné systémy
Dec 14, 2011 at 07:08
I think u need to review your broker spread and trade latency. I'm on 2% risk setting- December I am up 23% so far. My modify time is 242-405ms. Spread 0.3 on ECN stp, FIFO.
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 14:26
that's funny. wonder why Q&A session says:Our services are not offered to the resident of the Republic of Cyprus, State of Kuwait, The United States of America and in all other countries where you are required by local laws to trade ONLY with a regulated Foreign Currency Broker.
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 12:50
Jaydee, it seems figfx doesn't allow US citizens either. Anyone know any broker other than FXDD that allow hedging for US Citizens?
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 10:57
btw, i've attached my account to my profile. can view it anyone.
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 10:57
Oh man Akmal... you got Mc-ed! should review the settings now because this week's ADR is higher than last two wks.I'm on TP 10, PS 7, Lotsexp 1.5
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 07:47
The currency pairs traded should only commensurate with account size. Mini lot traders should go no less than $10000 for Ilan 1.45 or 1.47. If you have 3000, disable 2 ilans by setting maxtrade =0 for two of the ilans. Personally, for one of my smaller test accounts, I'm using Ilan v1.6 PipstepRSI. That edition changes from M1 to H1 for 4th position onward, and will double up pipstep from 30 to 60 to preserve capital. My broker's Micro acc charges 2pip for Eurusd.
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 07:39
Akmal, you will probably be happy with my broker. https://fxopen.com?agent=367607. Cents account anything above $1, but less than $3000 otherwise they will auto convert your account type. 500:1 leverage, hedging allowed. But they have a no scalping rule that was not clearly defined. They may have a problem with me running Million Dollar Pips though I'm running MDP on another account of mine.
100 Cents Only
v
Obchodné systémy
Dec 13, 2011 at 04:28
As i mentioned, Akmal had very good luck that he was able to grow his account so much under stable market conditions. Yesterday one my live account i'm testing this with met with a similar calamity which I took evasive measures to stop the EA from opening new trades close largest lot before it went into loss, and manually close the remaining trades one by one when there was a suitable retracement. This way, I was able to limit my drawdown to about 45%. Could have been much worse. That was a $500 account running USDJPY TP 4, Pipstep 5. - didn't expect that on a day of little news, the U...
100 Cents Only
v
Obchodné systémy
Dec 12, 2011 at 12:46
If you're new to martingales, you probably wouldn't want to use this EA at all. It's not for the faint hearted. 1000 imho isn't enough to trade the EURUSD, unless you're running on a Microlot account, then your odds will be much better, and you will be spared of jaw-dropping drawdowns. Use the M1. M15 is too slow and defeats the whole purpose of this. 1000 you should be safely able to run this on USDJPY M1 with no problems, even with TP 4, pipstep 5. Too much big news these days make it dangerous for eurusd, unless your plan is to accumulate capital running it only in Asian...
100 Cents Only
v
Obchodné systémy
Dec 12, 2011 at 02:43
Timing the start of this EA is critical to your success. Akmal's initial settings of TP 4 Pipstep 5 would work well in Asian session but could be deadly once volume opens in London and NY sessions. Upon analysis of the results, he was also fortunate to build up a significant capital from his small deposit since early dec when volume was low. Currently, I would think that his present settings of TP 10, pipstep 30 would keep you in the game much longer.Alternatively, you can still run tp4 pipstep 5 on USDJPY with no large dangers
100 Cents Only
v
Obchodné systémy
Dec 10, 2011 at 01:38
Correct me if I'm wrong. This ilan 1.47 is actually 3 ilan in one? That's why 3 sets of trades?
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 17:00
Akmal, I think i'll follow your pipstep 30, tp 10. seems much safer than the original one.
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 16:48
hmm.. i can't find the trailing stop option in mine.
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 16:11
wonder if there is anyway of reducing the number of sets of trades in one direction.
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 15:42
actually if anyone knows how to program in a trailing stop, this will be like million dollar pips EA except running round the clock.
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 13:57
what's your present pip step and tp. also quite curious to know your starting size. this is a very interesting martingale instead.
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 13:24
any idea what the "money management" option is about? Does yours open 2-3 sets of the same trades? i find that quite worrying in my testing. wonder if its because i set money management = true
100 Cents Only
v
Obchodné systémy
Dec 09, 2011 at 13:24
Thanks Akmal. What's your present TP and Pipstep? Also, how much have u been starting each account with? Wonder how using standard lot 0.01 you are able to build up from $100 without getting MC.
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