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FxPapa Expert Advisor (By FxPapa)
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FxPapa Expert Advisor Discussion
Member Since Jun 11, 2010
28 posts
Member Since May 16, 2012
27 posts
Member Since May 16, 2012
27 posts
Jul 28, 2012 at 01:15
Member Since Nov 23, 2010
99 posts
phil posted:
Doesn't everyone not set thier own stop loss by percentage of account.
Yes, but not quite so when the master account becomes involved.
It is different thinking with the master account because it is used to provide us with the signal service
In theory we now need to wait for the master account to hit stop loss or a smart exit.
Until then, at least in theory as we understand this service behaves, there may be no further signals sent until these trades are closed.
THIS is why I wished FXPapa would have come to the thread and discuss this.
Papa recomended a default stop of 10% to be hit before the next signals are sent out.
Therefore this applies to the open trades on the master account, even though we did not receive these trades because of gliches
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forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Jul 28, 2012 at 16:20
Member Since Jun 06, 2012
1434 posts
according to my BT experience by coding EA s, when EA start that big losses one follow antoher and it first come down to BE then loss.
*** I do not wish that ***
but this is my forecast.
hope I am wrong.
good luck!
walker
*** I do not wish that ***
but this is my forecast.
hope I am wrong.
good luck!
walker
Jul 31, 2012 at 13:22
Member Since Nov 29, 2011
67 posts
hello fxpapa since you don't sold your negative position we don't have anymore trade because your trade still opened.
Could you reboot your EA to close at 200 pips has it is programmed by default? so we will have some trades.
I still need 24 positive trades to recover my previous lost because of your EA.
Thanks for your support.
Could you reboot your EA to close at 200 pips has it is programmed by default? so we will have some trades.
I still need 24 positive trades to recover my previous lost because of your EA.
Thanks for your support.
Aug 01, 2012 at 17:43
Member Since Nov 23, 2010
99 posts
Hi FXPapa,
Please explain why you let yourself go so deep into drawdown, which keeps us from receiving more signals until this drawdown is completed or closed.
Also you traded beyond the normal equity stop which you recomended.
Please explain why this was done this way.
We know the open trades spiked in the wrong direction because of Euro news so why did you widen your stops.
We are not able to trade FXPapa until these trades close so please explain this.
Please explain why you let yourself go so deep into drawdown, which keeps us from receiving more signals until this drawdown is completed or closed.
Also you traded beyond the normal equity stop which you recomended.
Please explain why this was done this way.
We know the open trades spiked in the wrong direction because of Euro news so why did you widen your stops.
We are not able to trade FXPapa until these trades close so please explain this.
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forex_trader_79941
Member Since Jun 06, 2012
1434 posts
Aug 02, 2012 at 12:59
Member Since Jun 06, 2012
1434 posts
😉
stevewalker posted:
according to my BT experience by coding EA s, when EA start that big losses one follow antoher and it first come down to BE then loss.
*** I do not wish that ***
but this is my forecast.
hope I am wrong.
good luck!
walker
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