I do not know about InstaForex sorry.
As to Alpari UK so it is possible to trade by 0.01 lot size without any limitation. One pip for EURUSD with 0.1 lot = 1 dollars for Alpari UK (and for most of the brokers for standard account).
Alpari US - no idea.
Alpari rus - should be same with Alpari UK but Alpari rus price quotes are less spiky for rus.
Are you using MaChannel signal?
As I see from the statement - this signal/EA made 172 pips for this week (or 1728 pips for 5 digit).
All the pips are 4 digit pips in RAS and here in elite section (just to be easy in calculation). So, when I am talking about 20 pips so it is 200 pips for Alpari UK (5 digit).
MaChannel is trading 0.1 lot size. To have 0.01 lot size - use lot multiplier = 0.1.
Alpari UK and Alpari rus are having different quotes ...
Alpari rus is much better by price feeding then Alpari UK.
So, if you can not use Alpari rus as the broker - use RAS service as I am using this rus broker with many signals including this MaChannel.
Of course, those Alpari rus and UK are much more better by price feeding then IBFX for example ...
I am just comparing those 2 brokers.
But it also depends on what you want ... in case of this MaChannel EA - it does not matter as it is not scalping EA.
Only because this EA is using high/low of the bar so the results/performance for this EA may be different for different broker (because high/low is different for many brokers).
Thanks again ND, that cleared it all up.. One more question if you dont mind.. I started running it on a 1k account this morning to test out and noticed it opened up to 5 orders at one time. If I remember correctly the actual EA had a 4 order max limit. Is there something I can do using RAS's client to limit how many orders max can be opened?
Yes, it opens 5 trades including pending orders.
I do not remember where this settings is located in EA ...
In RAS: 5 orders too.
MaChannel EA made 1,934 pips for this week.
Just for information.
Just to remind.
- PriceCross is here.
- MaChannel is here (old version) and fixed version is here. New version is here.
- Xp_EMAs EA is here (or read whole thread about this EA).
- USD Hunter is here (H1, default settings, see contest thread for more information).
Weekly updated visual (forward trading) statement for MaChannel EA, USDCHF, H1 timeframe:
MaChannel is very famous EA - this EA was participated in MetaQuotes contest (by Codersguru) and with our tsd forum contest.