DislikedCorrect. So if the EA is set to run on EURUSD and you are looking at an GBPCHF chart when it triggers, it will still trigger the trade.Ignored
So it seems the TF shouldn't matter. Is that right?
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DislikedCorrect. So if the EA is set to run on EURUSD and you are looking at an GBPCHF chart when it triggers, it will still trigger the trade.Ignored
DislikedOK one other comment about the TF. The EA is titled "5.1 MA Buy any time frame"
So it seems the TF shouldn't matter. Is that right?Ignored
DislikedThe time frame very much matters ...because the MA levels are different on each TF thus you need to know what time frame you want to enter on - "any time frame" means you can drop it on any time frame chartIgnored
DislikedOK I get it. You might get a cross on the H4 but it will only execute if you have an H4 chart for that pair.Ignored
DislikedThe time frame very much matters ...because the MA levels are different on each TF thus you need to know what time frame you want to enter on - "any time frame" means you can drop it on any time frame chartIgnored
DislikedWent short this morning on AU & NZ. Both still open and approx 50 pips in the red. Also went long on CAD and also in the red.
Hope tomorrow brings better luck - none of them have hit stops yet (placed on pivot).
For the record, I made around 300 pips last week using this system, so I'm not knocking the system in any way - just updating on my positionIgnored
DislikedOK, thanks to all the expert advice, I tried install the EA and make it run.
As the MA cross occurred, I got the following error message
error(130) invalid stops
I installed it several times with several versions of stops: 0, measured in pips, measured as a price.
And it always gave the same error.
Any insights?Ignored
DislikedHi,
set the input for "ECN" to "true". Error 130 means you are either not allowed to place the SL so near to your entry level OR you must place a market order without SL/TP (ECN type broker).
Cheers,
OlarionIgnored
DislikedI think the key is if the monthly support 2 will act as resistance now. I think it will. So far this PM that seems to be true. I still think the Bears will sell any rally. The large Speculator in this last weeks cot report are as negative as they have ever been with net short positions of -173,869 which is a record for the EUR. These large traders are not going to unwind these positions unless there is some really miraculous news out of Greece and the EUR zone.
One negative of my conclusion here could be when every one is already short that leaves...Ignored
DislikedWent short this morning on AU & NZ. Both still open and approx 50 pips in the red. Also went long on CAD and also in the red.
Hope tomorrow brings better luck - none of them have hit stops yet (placed on pivot).
For the record, I made around 300 pips last week using this system, so I'm not knocking the system in any way - just updating on my positionIgnored