NightChannelTrader讨论

When will it be available?

Same question. Is it available to purchase?

Hello, many thanks for your interest in NCT.
Please follow on our website : https://www.steadyonfx.com
Regards

Carlo

Same question. Is it available to purchase?

Yes it is now ready for purchase. Same pricing as Number One, here is the link:

https://www.steadyonfx.com/index.php/products/night-channel-trader-nct/

   Anchorpoint posted:
   Yes it is now ready for purchase. Same pricing as Number One, here is the link:

https://www.steadyonfx.com/index.php/products/night-channel-trader-nct/

Hi many thanks, it's true.
😄

Does this EA has a SL,already hit DD more than 10%,still holding the postion ,if GU continue goes down,when will this system stop loss,or will never until blow out

Does this system have an emergency stop?

No indication of basic risk control given on the website.

Yes, there is a maximum DrawDown value, when the value is reached all order are closed or NCT will send an hedge order to freeze all (the user can choice).

Now floating drawdown is close to 35%. That is a lot, how deep will it go before it closes out positions?

Hello Anchorpoint, this ea, like all ea, has a Money Management that can be freely set by the user.
I've set this ea for maximum trading risk and (obviously) maximum gain.

This is not an hedge fund, this is an expert advisor.
This is an example of how can trade this expert advisor.

You can run it at 1/4 of risk, you will get 1/4 of gains and you will receive 1/4 of drawdown.

A guy on our forum said that he knows another expert advisor that works better, with more gain and less risk.
Well, he can trade with that expert advisor.

This running copy of NCT has a setting with 55% of maximum drawdown, after that drawdown he will send an hedge order.
😄

Hello Carlo, does this system is in hedge now ?
Why the drawdown is not displayed ?

Thanks

Hello Fabio, the drawdown is shown in 'Info' + 'Stats' panel.
The value shown is : 55.37%
It could send the hedge order if the price goes down further.

A no-stop loss strategy will FAIL ONCE.. It is a universal truth in forex...

Hi Positiveday,

During this time of GBP/USD trending, can this EA trade only at the direction of the trend?

Tks,

Graphics stops updating after 11 of May, not good ...

   Fabio posted:
   Graphics stops updating after 11 of May, not good ...

Hello Fabio, seems you have some problem reading MyFxBook data.
The update is done frequently, as needed from MyFxBook.
See 'Info' + 'Stats' , at the end of the pane, you will see the last update time of data after the 'Updated : '.
😄

   jsintl posted:
   Hi Positiveday,

During this time of GBP/USD trending, can this EA trade only at the direction of the trend?

Tks,

Yes, it can trade only in trend direction.
😄

no mater what you trade grid or martingale it will always will get you sooner or later,

46% DD it's to much,the problem with EA's they don't have emotions,

i don't see this EA diffrent then GridMeUp or cable run etc,

Human trader was cutting lost fast,

i wish everyone good luck.