i am far before beginners, can count me in as well?

We're literally beginners hahaha

[attachmentid=9742241]

Anybody kena stop out like this before?

SL @ 0.73452, but highest reached is only 0.73426 at that hour and that bar.

Confirm not margin call. Is it broker problem??

yea, im still learning. not pro la..

PM me your phone number. Later I invite you masuk our small group.

Invite me also please...

I think that was a sell order which mean price were following ASK price and not BID price

different between them were spread

and spread can be widen to take you out , BROKER purposely do so to take you out , and said it was due to news no enough liquidity and spread widen .

it was written on their rule that they cant control what spread was. ( which was true where when no liquidity spread will widen )

For your price was different of just 2.6pips which was normal.

there has been 30pips spread heard before haha.

like your SL was at 0.73726 ( 30pips ) from 0.73426 bid price. and taken out haha

This post has been edited by Goodboy92: Apr 19 2018, 01:09 PM

pm done

PM me your phone number.

I'll invite you when I'm free later.

Your spread spiked you out. You need to include your spread in your calculations every time. If your spread is 2 pips & your intended SL value is 20 pips, please assign a 22 pips SL.

Understand?

My broker spread on NZD/USD is 4.3 pips. That's pretty high. What's yours?

Anybody caught this bounce off the Daily Resistance on the Geppy during London open today?










151.95 & Boom!! Up! Up!

There are actually legitimate forex brokers in Malaysia which are the banks. Some do have online platform (not MT4) but I doubt if they will give you leverage at all. So, basically you need about 100k USD to trade 1 contract of EUR/USD pair.

There are also prime brokers (Maybank and so on). I am sure they offer leverage for forex and other products. However, for prime brokers you need around 10 million minimum.

Hi all, I recently develop my own automated trading system based on bband and MA, after almost 1 year of running it on demo account I intend to put it into a test, so Im looking 2-3 people who lived in Melaka, we can meet and talk on how to utilise and make use of it to get mutual benefit, if interested, kindly drop me a pm. 😃

I can drive down from S'ban. Not that far. Just let me know the time & loc.

Average is 7 for NZDUSD.
Now I know. Thanks all of you for the valuable info, much appreciated.

Hi, Can you post the equity curve of your system? I would like to see it's profitability.

this is an actual result from real time trading since 1st august 2017 until now.

just pm me your contact details, I'll let u know when I will be avalaible to meet. Thanks.

This post has been edited by DeathArc: Apr 21 2018, 06:53 AM

Thanks for posting, but this is a martingale system. Very very risky.

i would admit the element of martingale is there, even though i would prefer to call this pips averaging, this system is 100% coded by me, so I have the flexibility to adjust the on how the averaging was used to get me out from a bad trade.

As for an example of the flexibility that I mentioned, if the system recognizes a bad trade, it will close the losing trade and wait for the next signal to open with higher lot size to cover the loss incurred on earlier trade, so hedging element also can be used in this system.

I am currently working on two system, the first one is by using volume to open trade, another one is by using is by using reversal and pattern, both of the project was to increase the accuracy of the system effectively decreasing the possibility of martingale.

The reason I posted the earlier post was for me to listen and exchange for improvisation and implementation. 😀

Based on my experience in algo trading, for a martingale system to work well, you need to have high winning rate.
In your case, it's 60%+ which is considered okay. If you can improve your winning rate and maintain your reward-risk ratio, you are good to go.
You have to make sure your consecutive losses are toned down. Yours is 8, which is considered high. However your average is 2, which shows that the 8 is an outlier event. So, it will happen only once in a blue moon, and will possibly blow up your account.

Overall, an okay system. Just don't risk everything. Always withdraw from time to time.

Let me know if you need anything regarding system development and coding/strategy optimisation (not parameter optimisation).