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Thread: Paid subscription

  1. #1
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    Default Paid subscription

    Hi funyoo
    I am not sure which section to put this in, so please move it to the correct section if you wish. I am interesting in your paid subscription, however i am just wondering if you could answer a few points.

    Do all these paid robots that you have work with 5 digit and ECN brokers. That is my main concern. I don't really want to be multiplying this and that every time i am wanting to test your robots.

    Also i have noticed that since my broker gomarketsaus have upgraded to there new server many of the previous robots that were working fine are no longer.

    They tell me since they have upgraded i need to make changes to my robots so the TP and SL and put on after the order has been executed and not at the same time or else it will not take trades, obviously that is the reason why most of my robots have stopped trading since the new server upgrade.

    Do the robots that you have in the paid subscription do this or not
    Thanks
    Jason

  2. #2
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    Yes, I would like to know whether all the EAs are ECN compatible?

  3. #3
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    for real and true ecn brokers you have to start always without sl + tp! then you (your ea) have set the sl + tp after the first/entry order is executed.

    each ea which have (and/or) sl + tp in the entry order defined is not compatible with real and true ecn broker!

    be in mind, your ea have to calc always the max spread, which is accepted - like: int Spread=MathRound((Ask-Bid)/Point);

  4. #4
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    Hi wannaberich and awsl,

    Yes, the EA in the Elite section can work with ECN and 5 digits brokers.

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    Quote Originally Posted by funyoo View Post
    Hi wannaberich and awsl,

    Yes, the EA in the Elite section can work with ECN and 5 digits brokers.
    important info, thanks, maybe i need a subscription too ...in the future :-)

  6. #6
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    Ok thanks for the reply. That is good to know, anyhow it looks like that sometime soon i will join your paid subscription

    Quote Originally Posted by funyoo View Post
    Hi wannaberich and awsl,

    Yes, the EA in the Elite section can work with ECN and 5 digits brokers.

  7. #7
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    Hello ixbone,
    Regarding your information about true ECN brokers and not setting a t/p or s/l on your ea until the first order has been executed. This is the most valuable information I have heard regarding ea's becasue all the ea's I have tried to back test have always givien 130 errors, even if I set the limits to extreme values.

    Also, I have the ea running on multiple charts. Once it has traded on 1 chart, can I set t/p and s/l on the rest of the charts also?

    Thanks!

  8. #8
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    Quote Originally Posted by walther6588 View Post
    Hello ixbone,
    Regarding your information about true ECN brokers and not setting a t/p or s/l on your ea until the first order has been executed. This is the most valuable information I have heard regarding ea's becasue all the ea's I have tried to back test have always givien 130 errors, even if I set the limits to extreme values.

    Also, I have the ea running on multiple charts. Once it has traded on 1 chart, can I set t/p and s/l on the rest of the charts also?

    Thanks!
    walther, as noted:
    sorry for maybe misleading
    execute order without sl + tp
    then modifiy order - set sl + tp
    it doesnt matter if is the first or xx order, regardless which pair, you have always to go:
    execute order without sl + tp
    then modifiy order - set sl + tp
    why: real ecn have only commissions and no fixed spread (they have no spread), therefore the spread in the intermarket bank is always volatile
    example: e/u now 3 pips, 4 secs later 5 pips, 3 secs later 3.5 pips, and so on, it depends on Bid and Ask.
    fixed spread have only retail market makers like xxxforex, fxxx,...they catch the Bid/Ask feed.

    real ecn is only for big accounts, because you will get a lower commission if you buy/sell 100 lots and more in one order - thats the reason why retail market maker exists.

    hope that helps.
    Last edited by ixbone; 09-30-2009 at 18:02.

  9. #9
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    The paid subscription seems like an excellent offer, but I think I would like some description of the criteria used for selection.

    Also, I like a max drawdown of <=15%, maybe <=10%, as I am getting older and conservative. I am doing forex with IRA. Why? Because I think a monitored EA with good Money Management is preferable to a stock fund.

    Throughout the forums, whenever I see something promising, I see drawdowns in the 20's. Would there be some EA's that do well (say, >100%/yr) but have modest drawdowns?

    Thanks for offering a high focus, goal oriented, "Elite" service. My goal is to generate some [fairly] consistent monthly income with forex EA's. Is this realistic? If it is, I am surely interested.

  10. #10
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    Relative and Max drawdown are purely connected with risk. If you are using low risk settings, your RDD will be decreasing. Almost in every expert, you can change the risk of your balance, so you can decrease the RDD as much low as you like.

    This is my opinion with RDD.

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