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wibble  
Adnan Iqbal:

:)

Is it Henry, who is throwing 2+2=4 .

😂
pradeepmaxim  

hi

  • Magic Number - Magic number should be unique on same MT4 terminal., does this mean one number for all currency pairs in a terminal or different number for each pairs in a terminal ?

thanks in advance

Pradeep

Henry De Jongh  
pradeepmaxim:

hi

  • Magic Number - Magic number should be unique on same MT4 terminal., does this mean one number for all currency pairs in a terminal or different number for each pairs in a terminal ?

thanks in advance

Pradeep

Hello pradeepmaxim,

give each currency pair a different magic number. (However the SAAD TrendTrackers identify their trades by the currency pair automatically so it would only have to be unique if you have the same currency pair several times on the same account, like other EAs or multiple SAAD TrendTrackers all trading EUR/USD, so if all your currency pairs are unique you don't even have to bother with it, but better safe than sorry I suppose).

Henry de Jongh
Software Developer
https://00laboratories.com/MT4 Trading Signal

pradeepmaxim  
Henry De Jongh:

Hello pradeepmaxim,

give each currency pair a different magic number. (However the SAAD TrendTrackers identify their trades by the currency pair automatically so it would only have to be unique if you have the same currency pair several times on the same account, like other EAs or multiple SAAD TrendTrackers all trading EUR/USD, so if all your currency pairs are unique you don't even have to bother with it, but better safe than sorry I suppose).

Henry de Jongh
Software Developer
https://00laboratories.com/ • MT4 Trading Signal


Thanks Henry for the quick reply 

pradeepmaxim  

Hi Adnan

one suggestion, To increase the profit, Should look at placing more order (BUY/SELL) if signal is still strong holding trailing profit.

What say?


Regards

Maxim

Adnan Iqbal  
pradeepmaxim:

Hi Adnan

one suggestion, To increase the profit, Should look at placing more order (BUY/SELL) if signal is still strong holding trailing profit.

What say?


Regards

Maxim


I already checked it, it may cause frequent drawdown.

pradeepmaxim  

Hi

I have 2 queries  

1.  On trailing profit, Trailing start in pips shuld be less than target pips ? (settings)

2. Can I run SAAD TREND TRACKER and SAAD SCALPER in same terminal ?

Regards

Maxim

11:1
Henry De Jongh  
pradeepmaxim:

1. On trailing profit, Trailing start in pips shuld be less than target pips ? (settings)
2. Can I run SAAD TREND TRACKER and SAAD SCALPER in same terminal ?

Hey Maxim,

give each EA (chart) a unique magic number in the EA settings so they do not interfere with each others trades (the numbers can be anything you want).
Adnan please answer 1: Sadly I still don't understand the trailing profit parameters either...

Henry de Jongh
Software Developer
https://00laboratories.com/MT4 Trading Signal

hainvestor81  
Henry De Jongh:

Hey Maxim,

give each EA (chart) a unique magic number in the EA settings so they do not interfere with each others trades (the numbers can be anything you want).
Adnan please answer 1: Sadly I still don't understand the trailing profit parameters either...

Henry de Jongh
Software Developer
https://00laboratories.com/ • MT4 Trading Signal


Hello there, and thank you all for your comments and help.

Special thanks to Adnan, and this great SaadTT.

I'm working on several pairs and, hopefully, soon, will be able to share the settings I' using with you all. 

At this moment precisely I'm working on the trailing stop feature and how to adapt to each pair's behavior, so maybe I can help from what I understood of it.

Example:

Say SaadTT buys a pair at 1,00 and the trailing profit settings are as follows:

trailing start in pips : 10

trailing stop in pips : 5

From my experience , that means that as soon as the pair hits 1,10, SaadTT will place the stop at 1,05 and will start trailing from there. On the other hand,  if "trailing stop in pips" would be "2", for example, once the pair hitting 1,10, Saad would place the stop at 1,08 and start trailing from there. If the trailing stop would be "9", SaadTT would place the stop at 1,01 and start trailing from there. Meaning the greater the trailing stop in pips is, the farthest to the current price the stop will be. This is why at the moment I'm using trailing start :10, and trailing stop:9, in order to let the pair breath and maybe catch a bigger move.


That leads to the question I wanted to ask to Adnan.

If trailing start in  pips is 10, and trailing stop in pips is 12 on the above example, would SaadTT understand that once the 1,10 is hit it should place the stop at 0,98 and start trailing from there?

Once again, thanks to Adnan and all of you helping to improve this great system.

I hope very soon to be able to share my experience using SaadTT, and that will be helpful to you  as well.

Regards

Hainvestor

Adnan Iqbal  
hainvestor81:


Hello there, and thank you all for your comments and help.

Special thanks to Adnan, and this great SaadTT.

I'm working on several pairs and, hopefully, soon, will be able to share the settings I' using with you all. 

At this moment precisely I'm working on the trailing stop feature and how to adapt to each pair's behavior, so maybe I can help from what I understood of it.

Example:

Say SaadTT buys a pair at 1,00 and the trailing profit settings are as follows:

trailing start in pips : 10

trailing stop in pips : 5

From my experience , that means that as soon as the pair hits 1,10, SaadTT will place the stop at 1,05 and will start trailing from there. On the other hand,  if "trailing stop in pips" would be "2", for example, once the pair hitting 1,10, Saad would place the stop at 1,08 and start trailing from there. If the trailing stop would be "9", SaadTT would place the stop at 1,01 and start trailing from there. Meaning the greater the trailing stop in pips is, the farthest to the current price the stop will be. This is why at the moment I'm using trailing start :10, and trailing stop:9, in order to let the pair breath and maybe catch a bigger move.


That leads to the question I wanted to ask to Adnan.

If trailing start in  pips is 10, and trailing stop in pips is 12 on the above example, would SaadTT understand that once the 1,10 is hit it should place the stop at 0,98 and start trailing from there?

Adnan: Yes Correct, It will identify profit in negative then.

Once again, thanks to Adnan and all of you helping to improve this great system.

I hope very soon to be able to share my experience using SaadTT, and that will be helpful to you  as well.

Regards

Hainvestor


Dear Hainvestor,

Yes, correctly defined behavior of trailing in SaadTT. It is designed internally to calculate all to handle accumulative profit of all opened trades. For your specific question please find answer above in different colour.

Adnan Iqbal  
Henry De Jongh:

Hey Maxim,

give each EA (chart) a unique magic number in the EA settings so they do not interfere with each others trades (the numbers can be anything you want).
Adnan please answer 1: Sadly I still don't understand the trailing profit parameters either...

Henry de Jongh
Software Developer
https://00laboratories.com/MT4 Trading Signal



Hi Henry and Maxim,


Hainvestor, helped me above to explain. :)

Henry De Jongh  
Adnan Iqbal:


Hi Henry and Maxim,

Hainvestor, helped me above to explain. :)


OH SURE! You just too lazy to answer it yourself, waitin' on others to do it for you! :P

But thank you Hainvestor81 for your detailed answer, that makes a lot of sense! Now we can finally play around with that setting a little bit.
Still Adnan you should consider updating the manual of SaadTT to prevent this same question in the future.

Henry de Jongh
Software Developer
https://00laboratories.com/MT4 Trading Signal

Adnan Iqbal  
Henry De Jongh:

OH SURE! You just too lazy to answer it yourself, waitin' on others to do it for you! :P

But thank you Hainvestor81 for your detailed answer, that makes a lot of sense! Now we can finally play around with that setting a little bit.
Still Adnan you should consider updating the manual of SaadTT to prevent this same question in the future.

Henry de Jongh
Software Developer
https://00laboratories.com/MT4 Trading Signal

I am working on it to publish. It will be available soon.
wibble  
Hi. Does anyone use auto lot size? I'm not and am sticking to Adnan's rule of thumb but I am curious if anyone uses it and how it is working out for them? 
pradeepmaxim  
Adnan Iqbal:



Hi Henry and Maxim,


Hainvestor, helped me above to explain. :)


thanks Adnan, Henry for the help

pradeepmaxim  
hainvestor81:


Hello there, and thank you all for your comments and help.

Special thanks to Adnan, and this great SaadTT.

I'm working on several pairs and, hopefully, soon, will be able to share the settings I' using with you all. 

At this moment precisely I'm working on the trailing stop feature and how to adapt to each pair's behavior, so maybe I can help from what I understood of it.

Example:

Say SaadTT buys a pair at 1,00 and the trailing profit settings are as follows:

trailing start in pips : 10

trailing stop in pips : 5

From my experience , that means that as soon as the pair hits 1,10, SaadTT will place the stop at 1,05 and will start trailing from there. On the other hand,  if "trailing stop in pips" would be "2", for example, once the pair hitting 1,10, Saad would place the stop at 1,08 and start trailing from there. If the trailing stop would be "9", SaadTT would place the stop at 1,01 and start trailing from there. Meaning the greater the trailing stop in pips is, the farthest to the current price the stop will be. This is why at the moment I'm using trailing start :10, and trailing stop:9, in order to let the pair breath and maybe catch a bigger move.


That leads to the question I wanted to ask to Adnan.

If trailing start in  pips is 10, and trailing stop in pips is 12 on the above example, would SaadTT understand that once the 1,10 is hit it should place the stop at 0,98 and start trailing from there?

Once again, thanks to Adnan and all of you helping to improve this great system.

I hope very soon to be able to share my experience using SaadTT, and that will be helpful to you  as well.

Regards

Hainvestor


Thanks for the reply

Adnan Iqbal  
wibble:
Hi. Does anyone use auto lot size? I'm not and am sticking to Adnan's rule of thumb but I am curious if anyone uses it and how it is working out for them? 

Hi Wibble,

I just dont prefer to use autolot but It is a feature available if someone want to use it.

pradeepmaxim  

Hi

In my terminal Target pips 10 converts to 10 USD on all currency pairs? is that right ?, My lot size is .01.

Regards

Maxim

Adnan Iqbal  
pradeepmaxim:

Hi

In my terminal Target pips 10 converts to 10 USD on all currency pairs? is that right ?, My lot size is .01.

Regards

Maxim

It should be 1 dollar with .01 lot and 10 pip. Please share your input settings.
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