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FxPapa
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FxPapa Expert Advisor
in
Trading Systems
May 15, 2012 at 12:25
HiThanks for your attention.We will back to 15% risk after this trade.We updated the platforms and the EA started with that risk.Regards
FxPapa Expert Advisor
in
Trading Systems
May 15, 2012 at 12:24
HiI think you have miss understood what I said. Please read the last post and you will find out how FxPapa manage it trades.FxPapa uses equity stop loss. Default value is 10 which means the EA would close all open positions if total loss be more than 10% of the account balance.FxPapa may open up to 3 positions.When FxPapa opens the first position, if it goes to loss for about 60 pips it will open another position with same size and it will close both trades at the same time if total profit be about 8 to 10 pips.If it still goes to another 60 pips loss, FxPapa would open another position with s...
FxPapa Expert Advisor
in
Trading Systems
May 12, 2012 at 19:24
HiIt seems you are using older version of FxPapa. I'm not sure why you haven't received the update.Please uninstall the last version.Download the latest version from Member Area and install it.Feel free to contact our support any time you may need.Regards
FxPapa Expert Advisor
in
Trading Systems
May 11, 2012 at 10:55
HiYou already have it. 3 and 3.1 are the same.Regards
FxPapa Expert Advisor
in
Trading Systems
May 11, 2012 at 09:16
HiIt shouldn't be like this. Your lot size should be 2.4 lots. What version of the EA are you using?Make sure you are using version 3.1Regards
FxPapa Expert Advisor
in
Trading Systems
May 11, 2012 at 08:56
HiYes. It closes all open positions if total loss be more than input risk.Don't forget to attach the EA only to EURUSD H1 chart.Regards
FxPapa Expert Advisor
in
Trading Systems
May 09, 2012 at 18:17
HiFxPapa calculates the lo size based on the input risk. First of all the max acceptable risk for 1:10 leverage is 1.5%.The max acceptable risk for 1:50 leverage is 7.5%.The max acceptable risk for 1:100 leverage is 15%.The max acceptable risk for 1:200 leverage is 30%.If your account is standard (1 Lots = 100,000 USD) then:Order_Lots = Risk_Percent * AccountBalance / 200,000If your account is Mini (1 Lots = 10,000 USD) then:Order_Lots = Risk_Percent * AccountBalance / 20,000If your account is Micro (1 Lots = 1,000 USD) then:Order_Lots = Risk_Percent * AccountBalance / 2,000Regards
FxPapa Expert Advisor
in
Trading Systems
May 09, 2012 at 10:38
HiFxPapa has a fundamental part. This means our team detects when it should not trade due to the market events.To do the back test we have to do all these fundamental analyzes for the whole 2008 and 2009. This really takes us many time.Currently we are doing our best to study the current market behavior.Regards
FxPapa Expert Advisor
in
Trading Systems
May 08, 2012 at 12:17
HiCurrently we are not working on MT5 version.Regards
FxPapa Expert Advisor
in
Trading Systems
May 07, 2012 at 10:03
HiAs Zuttasoxx said please attach the EA only to EURUSD H1 chart.Regards
FxPapa Expert Advisor
in
Trading Systems
May 06, 2012 at 15:53
HiWe have some clients which are using the EA with FXCM and FxPapa works well on it.Regards
FxPapa Expert Advisor
in
Trading Systems
May 04, 2012 at 18:25
HiPlease send your broker link and your MT4 version to
[email protected]
.Regards
FxPapa Expert Advisor
in
Trading Systems
May 03, 2012 at 11:17
HiToday some of our clients missed the Last signal. This happens when the spread is too high (more than 3.7 pips). We have added an option in the new version of the EA which let the users set the max acceptable spread. We will provide the new update soon.Regards
FxPapa Expert Advisor
in
Trading Systems
May 02, 2012 at 17:48
Dear RogerYou are right. We should rewrite the manual. We will publish it with the new update.Don't worry about the risk. The EA do it for you. This means for your account the EA use 7.5% risk when you set it more than that.Regards.
FxPapa Expert Advisor
in
Trading Systems
May 02, 2012 at 16:38
HiThe max acceptable risk for 1:50 leverage is 7.5% .Regards
FxPapa Expert Advisor
in
Trading Systems
May 02, 2012 at 15:33
Yes.
FxPapa Expert Advisor
in
Trading Systems
May 02, 2012 at 04:46
HiDon't worry at all. Just make sure the MT4 is running. FxPapa can manage the orders independently from our server.Regards
FxPapa Expert Advisor
in
Trading Systems
Apr 30, 2012 at 16:00
HiFxPapa uses hidden SL and TP level. You can't see them. This means the EA can close the trades on TP or SL level completely independent from our server.Regards
FxPapa Expert Advisor
in
Trading Systems
Apr 30, 2012 at 15:26
Thanks for your suggestion. We try to use best method.
FxPapa Expert Advisor
in
Trading Systems
Apr 30, 2012 at 13:46
HiFxPapa closes the trades automatically when they reach to SL level(10% by default). It doesn't need our server order.FxPapa may close the orders before they touch the TP or SL level if it gets the close order from our server.Regards
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