Shmendridge-C7 plus 2222Scalpers (6xRisk)

The user has deleted this system.

Shmendridge-C7 plus 2222Scalpers (6xRisk) Discussion

Feb 06, 2015 at 20:12
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8 Replies
Member Since Apr 05, 2014   33 posts
Feb 07, 2015 at 10:14
This bot uses advanced channel detection capabilities to determine and adapt. It will determine the probability and extent of the breakout and will adapt to it. This bot operates on only stop order entries and is not a scalper so delays won't matter at all. This bot can use strategically trailed stop-losses as many successful traders do. This bot is currently set to trade risking up to about 6% of equity on each position and up to 4 positions on a single pair (quite rare and with diversified stops and tp)

C7 bot is available in the market:

 https://www.mql5.com/en/market/product/2733 -mt5

 https://www.mql5.com/en/market/product/2753 -mt4
Member Since Apr 05, 2014   33 posts
Feb 07, 2015 at 10:25
USDJPY, M5: Shmendridge C7 Channel Break catches the break out of the channel to hit tp. Risked about 5% of account to make a 100%+ gain in a single trade today.


Attachments:

Member Since Apr 05, 2014   33 posts
Feb 07, 2015 at 10:25
Oops of course I meant to say bringing the total gain of the account to 100%. The gain from the single trade was 20% Obv.
Member Since Feb 06, 2015   2 posts
Feb 07, 2015 at 10:26
N1, I caught todays USDJPY winner on my broker too.
Member Since Oct 16, 2014   119 posts
Feb 07, 2015 at 12:13
Hey, I have just bought your EA on MQL5.
I don't understand why I am able optimize it, but backtest are always loosers?
What I am doing wrong?
Member Since Apr 05, 2014   33 posts
Feb 08, 2015 at 07:41
The .set files should start you in the right direction, I'm sending them now.
Member Since Apr 05, 2014   33 posts
Mar 25, 2015 at 00:01
So, this week my VPS froze up and left the orders unmanaged and escentialy we took some random trades this week hurray! I have a ticket open with support, in the meantime I have moved my ea back to my local computer.
Member Since Apr 05, 2014   33 posts
Apr 04, 2015 at 19:40
29298735 - Massive Slippage during low liquidity period. The spread widened to 9 pips, but not quite enough to trigger the low liquidity safety off (10 pips). The setting of this safety measure has been adjusted to 5 pips as well as a secondary measure coded in to the C7 engine which will react swiftly against any spread volatility regardless of whether its a new bar or not. Most C7 owners did not get hit by this trade as the spread of other brokers widened more which triggered their safety.

I will not open a new account for the C7 system as I feel that would be dishonest.

Member Since Apr 05, 2014   33 posts
Apr 06, 2015 at 18:57
Well, some of the slippage was refunded by Tickmill. Too bad the correction must appear as a deposit in to the account instead of correcting the equity gains/losses of the account.

'We totally understand your concern regarding USD/JPY slippage. Being an STP broker we just clear our client's trades and re-translate quotes we get from Citi and other liquidity providers. Orders on the real market are always executed by current market prices, that's why slippage may occur during sharp movements.
Friday 03.04.15 was a holiday, the liquidity on that day was on the extremely low level and due to that fact the spreads were extremely wide as same as the volatility. The widest spreads were right before and some time after the news release.
We have investigated your order 29298735, due to the high volatility it was closed with negative slippage at 119,759 at actual market price.
We also have investigated your second order 29427758, it was opened with negative slippage, but was closed with positive slippage for T/P.
For this second order we decided to compensate You the negative slippage during the opening of the trade in amount 90,08 USD You will see that on your balance account with the comment Corr: Refund AM'
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