20 pips system - page 13

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amerifx:
Hi, ND. Do you leave the trade on till the next day before you close it, if it had not reached its target? thanks

Yes.

Because I am testing as many pairs as possible just to see the pairs which do not have this problem. I will test it more and when we may analyze which pairs are more good for this strategy.

We will select the pairs which are doing the following:

I place pending orders, orders are opened in the same or next GMT day (with placing the pending orders) and closed in the same or next GMT day (with placing the pending orders). Otherwise it is risky.

But i am doing it. I am leaving/keeping the orders untill it will be closed.

And I am deleting the pending orders next day which were not executed and placing new ones).

Drawdown ... I see 70, 90 and one time was 120. But it was on EURGBP, EURCHF or EURJPY.

I did not see big drawdown on 4 main pairs.

 

haubentaucher ,

I see your stop orders opend at around 20:00 today, whats the EST(NY) time corresponding to that?

 
DOMIANDR000:
haubentaucher , I see your stop orders opend at around 20:00 today, whats the EST(NY) time corresponding to that?

Good Question! I only know it`s GMT +2 (Germany/Berlin)

 

guys,

any idea what the logic behind this system...i mean how does it calculate the buy or sell price....

Thanks

Babar

 
newdigital:
I attached EA to the charts and get the following:

AUDUSD:

buy at 0.7458.

profit at 0.7498.

EURGBP:

Price is inside the channel - not trading.

EURJPY:

sell at 144.94.

profit at 144.54.

USDJPY:

sell at 112.38.

profit at 111.98.

USDCAD:

sell at 1.1085.

profit at 1.1045.

USDCHF:

sell at 1.2098.

profit at 1.2058.

EURCHF:

Price is inside the channel - not trading.

EURUSD:

buy at 1.2882.

profit at 1.2922.

GBPUSD:

buy at 1.8701.

profit at 1.8741.

It should be 20 pips in profit not 40.

So I corrected in Metatrader.

Please find updated statement. Only changes in this statement is that:

- i corrected all the pending orders concerning take profit 20 pips; and

- one order on USDCHF (which was opened from day before yesterday) was closed (in profit).

 
newdigital:
It should be 20 pips in profit not 40.

So I corrected in Metatrader.

Please find updated statement. Only changes in this statement is that:

- i corrected all the pending orders concerning take profit 20 pips; and

- one order on USDCHF (which was opened from day before yesterday) was closed (in profit).

Hi ND,

when will these current pending orders expire..according to the system....???

Thanks

Babar

 
babarmughal:
Hi ND,

when will these current pending orders expire..according to the system....???

Thanks

Babar

Today in GMT evening.

I delete old ones which were not executed and placing the new orders. Today in GMT evening. In the same time with yesterday.

 
newdigital:
Today in GMT evening. I delete old ones which were not executed and placing the new orders. Today in GMT evening. In the same time with yesterday.

can you please post your latest orders for al majors...and what time GMT pls..

???

Thanks

Babar

 
babarmughal:
can you please post your latest orders for al majors...and what time GMT pls..

???

Thanks

Babar

Post # 121 https://www.mql5.com/en/forum/174210/page8

Only changes are that 20 pips for profit instead of 40.

 

NewDigital,

I'm truly amazed that you have not had a losing trade yet. Do you know what kind of drawdowns you are seeing? Of course these are not realized drawdowns but rather a negative floating loss. What has the largest amount been? In your mind how much capital would be needed to trade the number of currencies that you are trading?

I guess what I need to really do is load up Igorad's EA and trade on Alpari to see if it yields the same results as trading manually.

dee

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