Been following the forum for quite some time. Traded the 5 and 10 systems.
10 is my favourite. Both of these work well on demo and I'm very profitable. However, when I go live S#IT hits the fan.
My broker adds the # symbol to some of its pairs. Making them loo like this GBPJPY#.
Not to mention that some pairs are 5 digit and some are 3.
So I have 4 MPTM 25+10s working simultaniously but keep hitting stop loss as soon as I enter the trade. This only happens with the MPTM on. It automatically shuts down everything open and I know it's n ot set up that way. Not a newbie here. Been doing this for years. This is a very promising system. I just want my darn trades to exit automatically at profit. Not as soon as I buy or sell.
The price did not move, yet I hit my stop loss which does not make any sense.
Has anyone experienced anything like this? Would love some help on this as I'm scratching my head his one and thinking of switching con-brokers. It's just that this one has the tightest spreads. I use ITFX.
Starting to think they are S#IT thou.
Oh yes. The message I get goes a little something like this:
2012.12.19 23:10:03 MPTM 25+10 GBPJPY,H1: Stop loss hit. Close of NZDJPY ticket no 17781596 failed with error (4108): invalid ticket
Merry Christmas and a Happy New Year to everyone