Wallstreet Forex Robot (By birt)

Gain : +1.82%
Drawdown 40.19%
Pips: 571.7
Trades 1793
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

Wallstreet Forex Robot Discussion

Mar 29, 2011 at 09:55
7,681 Views
68 Replies
Member Since Jul 24, 2011   150 posts
Sep 08, 2011 at 14:58 (edited Sep 08, 2011 at 14:59)
Yes, thanks for your response Birt. I have already contacted my broker and their answer was exactly the same as you stated.
Member Since Jun 18, 2010   15 posts
Sep 12, 2011 at 09:48
Now the EURCHF is fixed at 1.20, I imagine the EA will have similar entries at EURUSD and USDCHF,

so you should use the EA just in 1 pair, right?
Member Since Jul 24, 2011   150 posts
Sep 12, 2011 at 09:52
Good point. Today it proves you are right. It can help reduce your loss, risk. Today both pairs trade in a loss (at this moment). But it can also be an advantage, when both trades are in a profit.
Member Since Aug 26, 2009   166 posts
Sep 12, 2011 at 14:31
I think you misunderstand the SNB EURCHF 1.20 thing. They're simply committed to buy any amounts of foreign currency to keep the rate above 1.20. It doesn't mean that the rate is fixed and it's going to sit on 1.20 until further notice. It might well go up a bit and hover there, which is probably what it's going to do.
Member Since Jul 24, 2011   150 posts
Sep 12, 2011 at 14:39
Okay thanks. But still interesting to follow these pairs. Today they (incidentally??) trade both the same time frame....
Member Since Jul 24, 2011   150 posts
Sep 15, 2011 at 14:03
{ 'id':'94566', 'type':'1', 'error': 'false', 'file':'noTPSL.png', 'path':'https://www.myfxbook.com/files/Myk2elS2ilver/noTPSL.png', 'isImage':'true', 'message':'' }

I see no TP / SL at the moment of one of your trades. See attachment noTPSL.png

Attachments:

Member Since Aug 26, 2009   166 posts
Sep 15, 2011 at 14:42 (edited Sep 15, 2011 at 14:42)
Well, that's very weird. I just checked and you're right, there's a trade with no SL & TP, even though I set StealthMode to false (and I checked to see that it was still set to false). Turns out that the issue was that the order was opened right before a spike that moved the price above the TP level and my log had an error about this:

2011.09.15 14:00:11 'xxxxxxxx': modification of order #4089433 buy 0.18 EURUSDX at 1.37744 sl: 0.00000 tp: 0.00000 -> sl: 1.36544 tp: 1.38004 failed [Off quotes]

I decided to closed the trade manually since it was above its TP anyway.

Thanks for bringing it to my attention.
Member Since Jul 13, 2010   11 posts
Oct 17, 2011 at 16:06
hi, Mr. Birt, could u tell me if you use the default settings of this EA?
Member Since Aug 26, 2009   166 posts
Oct 20, 2011 at 21:03
Yes, all defaults except money management. Money management is set to 2 for all pairs.
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