Here is a shot of my MBT trading chart.
The GBPAUD 3313842 -"12.80 pips" was down -217 down then it I watched go up to 534 so I had an overall GA profit of +375 which made my day & exit but the EA stayed in and now its dw -359. I'm using the moresafe settings with EDT hours 0-16.
What can I change to get out with that earlier profit??
PS while I putting this script together the GBPAUD 3313842 -"12.80 pips is dw -543.
Your min lot size is 0.1?
It is too dangerous.
You can do the following for example:
it is written on the chart the profit in dollars. So, when some pair is going toi have big lot size so check the profit in dollars on the chart oif this pair and if in profit totally (it is summarized for all the ytrades opened for this pair) - disable EA for this pair on the chart and close all the trades for this pair. And this pair should not trade for 1 or more days.
Or use super moderate settings with 0.01 lot size as a min.
My broker is MB Trading, My micro account is expressed as 0.1 for micro and 1.0 for mini. If you do the math for the buy of .01 and the sell you will see 120 pips and -12.02 lost which is 10 cents a pip which is micro. By using Moresafe with a profit target =5 and a profitmode=2 //total pips maybe it should be profitmode=3 //total Profit , any ideas???
TickScalper_v3.44 EA version.
More safe settings.
Some conclusion from the past account (which was disabled):
- 3,000 initial deposit is too small one for this kind of scalping EA;
- selecting good broker is 50% of the sucess.
All the versions: https://www.mql5.com/en/forum/176044/page3
Version #3.44 with the settings: https://www.mql5.com/en/forum/179720/page8
TickScalper with FXCM broker:
This Vladimir L is talking a lot
I am not sure about FXCM but IBFX is having Daylight Savings time because it is located in the US and US is having. Alpari russia/NZ is having DST same with Russia. Same with other brokers: they have DST.
As to FXCM - I am not sure ... do they have DST in the UK?
because Alpari UK is having DST if I remember correctly ...
DST is related to their country (in our case - it is the UK).
I used this indicator to know the differences between GMT time and broker's Metatrader time (in the way as GMT + or - ...):
NewsTrader EA is having GMT time written on the chart.
And NewsTrader indicator too.
Personally I am using Newstrader EA as I am trading it for Alpari, so I know that some candle closed in GMT ... time which is ... time. After that I go to FXCM and see same candle for same timeframe. And compare the time.
You can attach newstrader indicator to see which GMT + something for example.