I don't think it will make much difference when you are trading on H4 / D1 ?? If i look now (45 mins before NY close) the spreads on my broker for all pairs is somewhere between 1.5-6 pips. During office hours they are around 0.0-2 pips An average ...

Simple Daily Trend Reversal Trading System

I could, but has this been an issue ?? did the ea open any orders with high spreads/slippage so far? And how should this work, i guess the max slippage and max spread are different for each pair?

Simple Daily Trend Reversal Trading System

Yes if you want a fixed stoploss then set stopLossAtZigZagArrow=false and set OrderHiddenSL to the number pips you want for your stoploss

Simple Daily Trend Reversal Trading System

The trailing stop system is based on this thread url It uses a hidden / virtual stoploss. This allows us to put the stop loss anywhere without the broker knowing and without any broker restrictions So.. When the EA places a new order then the ...

Simple Daily Trend Reversal Trading System

I'm not going to promote any broker, but pls read this article url It explains perfectly that different brokers have different day-closing times which results in different charts Since the ea is making decisions based on those charts the result of ...

Simple Daily Trend Reversal Trading System

Please look in the Experts and Journal tabs on the bottom of MT4 to see if it shows an error

Simple Daily Trend Reversal Trading System

sorry but thats not possible. just get a good broker ;-)

Simple Daily Trend Reversal Trading System

Great but pls remember guys.. Markets are really slow now during the holiday. In general this period is not the best time to be trading. So if you decide to trade live this week then maybe just use 1/4 or 1/3 of your normal lot size I personally ...

Simple Daily Trend Reversal Trading System

No.. read my last answer. The EA clearly shows you the signal is NOT valid yet

Simple Daily Trend Reversal Trading System

That is because there is no valid signal yet. In you example for GBPCAD the zigzag arrow is ok, the MBFX is ok, the Trend is ok and the SMA 200 is ok but the ea is still waiting on a valid MA15 signal. Once that appears on the EA dash then the trade ...

Simple Daily Trend Reversal Trading System

atr would be simple to add, but it doesnt make any sense to me why you would want to base the SL /TP on the atr ?

Simple Daily Trend Reversal Trading System

since i’m stupid :-) until now i had the ea running on an old demo account i still had @ xm.com which has european closes. for live trading however i use gomarkets which has ny close charts. so this just reminds me to open a new demo account @ go ...

Simple Daily Trend Reversal Trading System

Exactly, very good example! Thats why (in my opinion) its important to use a broker with NY close charts.

Simple Daily Trend Reversal Trading System

funny that one is not valid (yet) in my setup :-)

Simple Daily Trend Reversal Trading System

thats why i switched to a broker which has new york close charts. Most brokers close the day after the european session, instead of after the new york session which basicly gives you screwed up charts url

Simple Daily Trend Reversal Trading System

i dont see your signals as well, really strange. could you put the ea on a ‘normal’ pair like eurusd instead of an exotic like usdnok ? it should not make any difference, but just 2b sure

Simple Daily Trend Reversal Trading System

If you read the first post you will notice that this is the reason why we are using the MBFX and SMA15 indicators for confirmation We use these 2 indicators as confirmation of what the zigzag is trying to tell us. We only get a valid buy/sell signal ...

Simple Daily Trend Reversal Trading System

The EA only shows you pairs which are in the process of making a valid signal. They may not be valid yet, but they are getting there. That is what you see here. All other pairs are not moving towards a valid signal atm When they do the EA will add ...

Simple Daily Trend Reversal Trading System

Yes there is a small bug in 1.16a that it might repeat alerts if the signal is becomes invalid and then valid again. e.g. 13:00 EURUSD valid signal -> you get an alert 13:30 EURUSD pullback->signal is not valid anymore 14:00 EURUSD signal becomes ...

Simple Daily Trend Reversal Trading System

Hi skipper, i don't know what you did but the EA did not open these trades on any of my test systems on H4 I got 2 EAs running on H4, one with SMA200 and one without and both did not open these trades Perhaps you manually switched between ...

Simple Daily Trend Reversal Trading System