lionsden » Mon Sep 01, 2014 8:30 pm wrote:Gertje,

Sounds like you are having good success. Do you have a set file you can post for the MPTM Ea you are using?

TIA,
Lionsden

Gertje » Mon Sep 01, 2014 2:07 pm wrote:
Thanks, I will.

To give an idea, here the daily chart for CADCHF with the several types of orders from below;
- Open orders with BE+5 set
- Open orders
- Pending orders



As you will note, before the 4th "open order" is launched, the 1st "open order" will have it's BE+5 set and so on. This way I'm exposed to only 3 orders [with each pair] in case of a totall whipe-out.

Gertje » Thu Sep 04, 2014 7:10 am wrote:

lionsden » Mon Sep 01, 2014 8:30 pm wrote:Gertje,

Sounds like you are having good success. Do you have a set file you can post for the MPTM Ea you are using?

TIA,
Lionsden

Sure, attached.

Gertje » Thu Sep 04, 2014 7:28 am wrote:

Gertje » Mon Sep 01, 2014 2:07 pm wrote:
Thanks, I will.

To give an idea, here the daily chart for CADCHF with the several types of orders from below;
- Open orders with BE+5 set
- Open orders
- Pending orders



As you will note, before the 4th "open order" is launched, the 1st "open order" will have it's BE+5 set and so on. This way I'm exposed to only 3 orders [with each pair] in case of a totall whipe-out.

Overthinking the DD and the fact that price will cross the entry-price a few times before going into profit I started playing with "replacing" existing trades with new ones and TP@5 pips. The exposure stays more or less the same, but each day that price crosses an earlier opened order, I add 5pips to the balance.

Since today saw some movement due the the ECB lowering the bid-rate [why didn't NZD react the same over a month ago??], I opened and closed a fair amount of orders today...



I'm aiming for the long term here, so keep the orders running to add swap and green pips but these 5pippers can add 1-2% weekly to the balance, keeping me on track for the 7-year goal.

Gertje » Mon Sep 01, 2014 10:07 pm wrote:

Lydia » Mon Sep 01, 2014 12:53 pm wrote:
Great info Gertje, keep posting whatever the result.

Cheers.

Thanks, I will.

To give an idea, here the daily chart for CADCHF with the several types of orders from below;
- Open orders with BE+5 set
- Open orders
- Pending orders



As you will note, before the 4th "open order" is launched, the 1st "open order" will have it's BE+5 set and so on. This way I'm exposed to only 3 orders [with each pair] in case of a totall whipe-out.

lionsden » Thu Sep 04, 2014 11:42 pm wrote:

Gertje » Thu Sep 04, 2014 7:28 am wrote:

Gertje » Mon Sep 01, 2014 2:07 pm wrote:
Thanks, I will.

To give an idea, here the daily chart for CADCHF with the several types of orders from below;
- Open orders with BE+5 set
- Open orders
- Pending orders



As you will note, before the 4th "open order" is launched, the 1st "open order" will have it's BE+5 set and so on. This way I'm exposed to only 3 orders [with each pair] in case of a totall whipe-out.

Overthinking the DD and the fact that price will cross the entry-price a few times before going into profit I started playing with "replacing" existing trades with new ones and TP@5 pips. The exposure stays more or less the same, but each day that price crosses an earlier opened order, I add 5pips to the balance.

Since today saw some movement due the the ECB lowering the bid-rate [why didn't NZD react the same over a month ago??], I opened and closed a fair amount of orders today...



I'm aiming for the long term here, so keep the orders running to add swap and green pips but these 5pippers can add 1-2% weekly to the balance, keeping me on track for the 7-year goal.

Is the MPTM set file you listed early handling the 5pips TP or are you setting those manually?

TIA
Lionsden

excalibre30 » Fri Sep 05, 2014 12:10 am wrote:Hi,

Sorry that this might be off topic. What is the name of the indi on the top right showing the pips per trade? Or maybe you can share if it is okay? Been looking for something like that for a long time now. Thanks.

Gertje » Fri Sep 05, 2014 5:03 pm wrote:
Sure, attached.
You might need to tinker with the settings, I added it as I downloaded it.