C-Trader (Watch out Freedom Rocks) - page 13

[barnix]

EA s for open 1.,2.,3. baskets

[vtam]

barnix:
EA s for open 1.,2.,3. baskets

That's what I'm talking about barnix! Thanks

[Dreamliner]

vtam:
That's what I'm talking about barnix! Thanks

Can someone explain what these do and how to use them?

[barnix]

1.Install IBFX MT4

2.Open a mini account with 200:1 and 10000USD

3.Open 3 charts ex. EURUSDm

4.Drag and Drop COpen1 in 1. chart and open the first basket

5.Wait for profit and swaps

6.If the P/L >=+400 pips close first basket(Drag and Drop CClose1 in 1. chart)

7.If the P/L <=-400 pips open the 2. basket(Drag and Drop COpen2 in 2. chart)

8.Wait for P/L and the swap

9.If the P/L >=+400 pips close second basket(Drag and Drop CClose2 in 2. chart)

10.If the P/L <=-400 pips open the 3. basket(Drag and Drop COpen3 in 3. chart)

11.Wait for P/L and the swap

12.If the P/L >=+400 pips close 3. basket(Drag and Drop CClose3 in 3. chart)

Dreamliner:
Can someone explain what these do and how to use them?

[TimeFreedom]

I have done a backtest of the Carry-Trader 13 pairs and the numbers look good in terms of withstanding the JPY unwind. The test does not account for the adds or swap interest. This is a naked test, for the lack of words, to determine how the basket would perform on it's own without intervention. Here are the numbers:

Standard Account: $10,000.00 Lot Size: 0.02 Leverage: 200:1

Test Date: 01.02.2006 - 07.24.2007 (19 Months)

Max DD: -$509.10 (-5%) Date: 07.03.2006

Max DD During February JPY Unwind: +$176.34 (+1.7%)

Max Swing Profit: +$1,137.04 (+11%) Date: 07.23.2007

TimeFreedom

[barnix]

First $8.27 profit

and the max. used margin: $10000-$9470.78=$529.22

[vtam]

TimeFreedom:
I have done a backtest of the Carry-Trader 13 pairs and the numbers look good in terms of withstanding the JPY unwind. The test does not account for the adds or swap interest. This is a naked test, for the lack of words, to determine how the basket would perform on it's own without intervention. Here are the numbers: TimeFreedom

So without going into safe mode one would have seen a 44% drawdown. Assuming you were in safe mode, the risk is much less.

Thanks Time Freedom for doing that. Should give everyone even more confidence in what we have on our hands!

Tim

[armaine]

barnix:
CClose1.mq4 --> EA for Close 1. basket.

CClose2.mq4 --> EA for Close 2. basket.

CClose3.mq4 --> EA for Close 3. basket.

How are the trades executed???

Simply by dropping the EA on the chart?

I have placed the EA on the chart , and nothing has happened

[stevenali]

techtrader:
How are the trades executed???

Simply by dropping the EA on the chart?

I have placed the EA on the chart , and nothing has happened

use ibfx, chose mini accounts demo

it will be okay

the pair in that EA is using "m", like EURUSDm.. it means mino account

[TimeFreedom]

VTAM,

How did you get 44% DD and for what period?

TimeFreedom

vtam:
So without going into safe mode one would have seen a 44% drawdown. Assuming you were in safe mode, the risk is much less.

Thanks Time Freedom for doing that. Should give everyone even more confidence in what we have on our hands!

Tim