I just tried your EA for the first time on this news release. It all worked okay, except both orders were opened with 0.01 lots, when I set the lot size in the EA to 1.0 lots. Any idea why? This was on IC Markets.

Red News Hedge Trading + EA

You might find this interesting reading, rather than reinventing the wheel... url

Hedge and Correlation Strategy

Try Tuesday, Monday is a public holiday in Australia.

IC Markets margin call

Just looking at the code, I think the calls to Hour() should be changed to TimeHour(TimeCurrent()) to work as intended. Hour() just returns the hour when the EA was first started, not the current server time.

Auto Hedge Commodity Trader System

It is very hard to test a black box, especially one that we can't back test properly. I have written a couple of cost averaging systems with multipliers in the past but usually run two opposing grids and not worried about trying to predict ...

Matrix Grid Trading Community Edition

Have you considered rewriting this for cTrader where you are not limited to sending (or closing) one order at a time?

Try My EA! Need Group Feedback...

No, I don't have a recommendation, all I'm saying is download cTrader so you can see the level 2 price data and see if they have the liquidity to fulfill your needs.

IC Markets

That's rather subjective don't you think? They have tight spreads but the liquidity is often pretty thin at the top, so depending on what "big" actually is you may get slipped a fair bit. I wouldn't say they play games though.

IC Markets

Personally I don't have any problems with IC Markets on Live Server 01. Maybe ask to be transferred to a different server? It's also a good idea to remove all quotes from the watchlist of any instruments you're not actually following - it can really ...

IC Markets

The spread may be the same but you cannot simulate slippage, it depends on where your order sits in the queue. I wouldn't even bother demo trading a news and/or scalping scalping system, you will be lulled into a false sense of security. Just open a ...

News trading the simple way

It doesn't get much more text book than that one - now it's been triggered - I'm in.

Genuine 5m 4R/R system

Quite considerable, in the last couple of weeks at least. I have been doing exactly that and have been taken out of a lot trades at "break even", which actually means -$5.50 per lot. It really adds up, and I am struggling to break even.

As simple as possible: 00 level trading

I think you're doing it the right way, but I get the impression a lot here aren't. The problem is, I have noticed that a lot of the time the price will only just get over 5 pips on the chart (bid price) by the time you add on the 0.6 pips commission ...

As simple as possible: 00 level trading

Yep, despite what you will read here, "Two wins, 2%, done for the day", it is simply not true. If you risk 2% per trade and have to pay $5.50 commission per round turn lot, two wins of 5 pips will get you 1.7% for the day. ie. Two wins does not ...

As simple as possible: 00 level trading

I also watch EURAUD, but don't see when it met the criteria, unless you entered hours ago?

As simple as possible: 00 level trading

Do you mean EURAUD or trading with the EA? I don't see any EURAUD trades in the last couple of hours.

As simple as possible: 00 level trading

If that is all there is to the system, then you do realise the previous three candles would have also met that criteria throughout the hour and two of them then turned around and went the wrong way - don't you?

Simple & profitable: 00 horizontal line trading

0 GMT is considered to be the Tokyo open.

As simple as possible: 00 level trading

Those that traded a bit earlier, remember Tokyo opens at GMT 0, ie 19 minutes ago. As well as Juan007's entry: eurjpy sell 139.9 already +5

As simple as possible: 00 level trading

It worked this morning for me. There is a daily candle if your broker uses US close as the start of a new day, as most do.

As simple as possible: 00 level trading