Best posts made by MMBInvest

Hey everyone,

I wanted to provide my trade manager here just in case you have similar ideas but don't know how to start or what to do... this trade manager has some issues with the management of existing trades once you adjust the SL/TP manually... but I don't want to continue it... in case you find some parts of it useful, it would be nice, if you would mention me in your code but of course you don't have to.

TradePad_v1.9a.mq4

You can import the mq4 and will have the project available. As it was created with FXDreema anyways.

This is a short description I have created once, but it is not up to date anymore. Just that you have an idea what it is about.

TradePad_1.6.pdf

And here is a short video about it:

Youtube Video

I will not provide any support ... again, just in case you want to see how some topics are created.

Have a great day,
Markus Maria

Hey fxDreema enthusiasts,

I wanted to take this forum as a chance to elaborate on my latest findings about "HFT" EAs. I know that this term is not used in the correct way, however, an EA that trades every tick trades in a high frequency - so you want to live with that term.

I saw this YT video and thought I want to give it a try instead of paying 1000 USD. The logic behind is very simple and obvious, hence I recreated it with our beloved software (be blessed fxDreema - you are my favorite software and I am impressed every day that I use it). Actually I created an advanced version that can do a lot more - never mind.

https://www.youtube.com/watch?v=GhRwsoDssLk

I started backtesting --> it looked too good to be true
I started Demo trading --> it looked still fantastic
I started Live trading --> a nightmare

The money was wiped six times faster than in backtesting and Demo. For the simple reason that in backtesting and Demo you have a real live stream of data, but the Broker (at least IC Markets) does not provide those prices to you. I fact, the provide the next available price, which is never in you favor.

So that makes me question at once the video, but also of course if so called "HFT" EAs make sense at all --> at least not this strategy and not with IC Markets.

Here is the official statement of IC Markets which I got as I told them, that the losses of the trades do not fit to the orders that were sent by the EA.

IC Markets: "However on live trading accounts the SL is the triggering price and it is closed on the next available price which can be different due to slippage."

Further: "IC Markets offer its clients with a market execution model. This means all the trades are executed at the first available price received from our hedge counterparties once an order has been triggered. As we do not have dealing desk intervention, we are not involved in creating the prices that we show you. Thus, are not able to offer guaranteed executions exactly at your requested prices, we are simply streaming the prices that we receive."

For your understanding... instead of max. expected losses (due to fixed SL) which was 1,82 USD the EA realised up to 4 USD on a regular base. In Demo and backtesting the losses were 1,82 USD max but usually much lower.

For a lot of you guys that might have been obvious, whilst for me it was a learning which I wanted to share. As those topics are also found via google - I hope it can help not to waste the time of one or the other EA builder.

Have a nice day

For those who still have the issue - there is something I realized: As this app runs in the cloud, sometime there might be hickups... like the connection is not stable enough and so on... this could lead to issues whilst the creation of some blocks. I had the same zero-divide issue and therefore I re-created the buy and sell blocks, afterwards they worked as supposed. of course the SL cannot be 0, but I was looking for the lowest or highes candle of 10 after an EMA cross, hence I knew that the SL was never 0. It could also have been an issue with the highest/lowest function, that provided maybe a 0 as SL - but this function was also part of the buy / sell block. So again, I deleted them and re-created them, and all of a sudded the EA worked as supposed - no zero-divide anymore. No functionallity was changed... sometimes that happens - was not the first time that it took me hours to find an issues and the last solutions was to re-create the block, just to find that it could have worked just fine. I blame it on the connections losses that appear sometimes and I make mayself aware of the blocks that I was creating during that time. ... maybe that solves your issues as well.

If you want to know how to get all informations you need after a mouse click, then look at that:
https://fxdreema.com/shared/AYXfqrZte

cheers

For those who still have the issue - there is something I realized: As this app runs in the cloud, sometime there might be hickups... like the connection is not stable enough and so on... this could lead to issues whilst the creation of some blocks. I had the same zero-divide issue and therefore I re-created the buy and sell blocks, afterwards they worked as supposed. of course the SL cannot be 0, but I was looking for the lowest or highes candle of 10 after an EMA cross, hence I knew that the SL was never 0. It could also have been an issue with the highest/lowest function, that provided maybe a 0 as SL - but this function was also part of the buy / sell block. So again, I deleted them and re-created them, and all of a sudded the EA worked as supposed - no zero-divide anymore. No functionallity was changed... sometimes that happens - was not the first time that it took me hours to find an issues and the last solutions was to re-create the block, just to find that it could have worked just fine. I blame it on the connections losses that appear sometimes and I make mayself aware of the blocks that I was creating during that time. ... maybe that solves your issues as well.

@jstap of course to you ;o)

For those who still have the issue - there is something I realized: As this app runs in the cloud, sometime there might be hickups... like the connection is not stable enough and so on... this could lead to issues whilst the creation of some blocks. I had the same zero-divide issue and therefore I re-created the buy and sell blocks, afterwards they worked as supposed. of course the SL cannot be 0, but I was looking for the lowest or highes candle of 10 after an EMA cross, hence I knew that the SL was never 0. It could also have been an issue with the highest/lowest function, that provided maybe a 0 as SL - but this function was also part of the buy / sell block. So again, I deleted them and re-created them, and all of a sudded the EA worked as supposed - no zero-divide anymore. No functionallity was changed... sometimes that happens - was not the first time that it took me hours to find an issues and the last solutions was to re-create the block, just to find that it could have worked just fine. I blame it on the connections losses that appear sometimes and I make mayself aware of the blocks that I was creating during that time. ... maybe that solves your issues as well.

@jstap btw. I bought your book and I was really surprise how similar we use fxdreema - same sence of design and what I took over is the placement of the boxes in order to have more space for more boxes. I really loved that idea. Good book ... well done!

ps.: of course to you - lol

Another observation: if the SL is too close, you might get an spread issue ... like if the spread is bigger than you SL, than this might cause a zero-divide. Hence you might want to add the spread to you SL ...

@jstap Indeed. No this is not "my link" nor my EA. All I say in this post speaks against whats happening in the video. I just don't think that was is shown there is possible - if at all, I hope that with this post nobody will buy the EA there. Anyways the fellows here are usually able to create such an EA themselfes.... and I would also call it scalping rather than HFT - but tbh, I don't care so much about that as others do ;o)

One Info I forgot to mention is, that IC Markets only allows 2000 Messages (even less trades) per day, otherwise they will block you account - no matter if Demo or Live - just for your Information.