Recent content by pfunkyfize

I just recently deactivated my FOREX.com account because of those errors. I am currently waiting for them to refund my capital. Those errors look like First-In-First-Out (aka FIFO) position errors enforced on the broker end. The EA is trying to make a sell position when you already have a buy...

Just closed my Forex account and moving the remaining capital to OX. These last few days have been very slow and it's the first time I've seen such low market activity. All my testing on demo accounts for the 8 weeks prior have been chock filled with activity it's strange to see how everything...

At this point I am just considering closing the account with that FIFO brokerage. I started my $10K live account with OX Securities today and the positions are doing well. I'm thinking I'll dump the remainder of the limited FIFO live account funds into the OX account. At least I know i can use...

I replied to your post but for some reason it is being moderated. Can you make it public?

I definitely use trailing steps. Though it doesn't seem to work in my live FIFO non-hedging brokerage account - it seems like it is ignoring the function and I end up taking the full profit. The demo account I use has a TP threshold of 200 but I Trail start at 100 with steps of 15. So in essence...

Does it mean that I have up to 1:500 in leverage and I certainly don't have to use that much, it's there but it's optional(?) How do I even look up the current leverage I'm using in MT5?

So the next hurdle- I can't believe it has been 5 weeks now that I've been testing this EA. I have found a profitable combination of 6 pairs when I go live with a $10k account. I'm trying to get my live account started with the Aussies at OX Securities and one of the questions is what leverage...

Thanks Joeboy, yeah after the second time when my trades got liquidated because of margin, I had taken down position sizes to like .01. Oh ok, I thought the prices for margin were a standard thing across all brokers but I apparently not.

Hi all, So during my first week of trading I was warned twice about going over margin with my trades. I've been using $10k demo accounts until I finally made my first $1k live account and having my trades blow up because i was trading like I was using a 10k account when I had only 1K in capital...

@Vinz , I am now just seeing that your SL = 0. Is this because you watch the trades daily and close any trades that are getting far away from profit? Do you run your bot 24 hours a day without a trade going past an acceptable loss threshold that is too big to reconcile?

For sure! I had found the OX Securities broker based in Australia right after I posted my frustration over Forex and their FIFO non-hedging selves. I am the proud owner of an OX demo account now as of 5 hours ago and have discovered it has hedging and no FIFO restrictions. Lovin' it. Will be...

Does the max order setting only keep track of the orders the bot made not including the one click manual buy/sell button in MT5?

I'm based in the US and very new to this too. I tried a demo account that allowed making buy and sell trades in the same chart and made 1,000 USD in demo money. Then I got a live account with forex.com and find out that FIFO trades and only buy or sell trades can be made at one time on the same...

I was experimenting with very aggressive settings. Bull and Bear 1/1 .The robot was piling on a bunch of orders and it got to 200 before it stopped. I have a more disconcerting issue though since it is affecting my live account. The max order limitation doesn't seem to be working. I set it to...

That is correct, it's in Demo.