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Automated Trading Championship 2012: Sixth Week, Chasing the Leader

November 12, 2012, 8:30 am
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We continue to monitor participants of the Automated Trading Championship 2012 marathon that started six weeks ago. Yellow jersey is still retained by JPAlonso's Expert Adviser from United States. This participant goes ahead with a wide margin, despite the fact that the last three trades were unprofitable and devastated his account for almost $12,000.

Alas, but our recent interviewee's trading robot flew out of the top three, thus making a way for his rivals. And all this is due to that ROMAN5's EA from South Africa yet continues to sustain a huge unfixed loss by open long position. We wonder whether he can wait for a favorable wind? Note that the profit factor of this participant still cannot be determined simply by a lack of loss.

Automated Trading Championship 2012: Sixth Week, Chasing the Leader

Read the full article on the Championship's website Sixth Week, Chasing the Leader.

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The more people who use the Same EA

November 12, 2012, 1:53 pm
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In my opinion, it depends on whether:

scenario #1) the EA is used exclusively at one Brokerage where in that case yes it could quickly reach a threshold depending on how many clients would be joining in the same signal for that broker to execute simultaneously across all customer accounts (that threshold would vary from broker to broker  -whether it is 50 standard lots or 5,000 at a clip).

and/or

Scenario #2) Clients can use the same EA across many brokers then to reach a collective threshold would take longer until there are so many people globally using the same signal where it is significantly affecting sentiment/bias or volumes and affecting trade execution through retail brokerages and causing undue slippage, re-quotes,etc.. (again varies from broker to broker and how many clients are using the EA and size of trades and frequency). Perhaps there are custom solutions that the broker could come up with should this become an issue in order to better accommodate a large number of clients using the same EA, although so far I haven't heard this being an issue with the exception of a few popular EA's and in cases where broker's couldn't handle the order flow (due to it being a back office issue with allocation or some other limitation or their inability to offset/manage the risk as a market/maker or agency. 

 


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Subscribe to Signal Not Working

November 12, 2012, 5:24 pm
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That's unusual.

Have you tried opening the "Toolbox" in your MT5 terminal and choosing a "Signal" directly from there?  "Toolbox">"Signals".

Log in first. "Tools">"Options">"Community".

Subscribe to a signal, then set up the signal preferences as you did above. "Tools">"Options">"Signals". 

If you have any more issues, then I'm not sure what it could be. Maybe try re-installing MT5 directly from http://www.metaquotes.net/ 

This might help also: 

http://www.mql5.com/en/forum/8410 

http://www.mql5.com/en/forum/8621 

Good luck... 

Chris_V. 

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MT4 signal sign up?

November 12, 2012, 11:34 pm
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JONESandBROWN:

I think the point iannai69 is making is that the signals were working, now they are are "not connected".  It appears that something in MQL network broke overnight because my signals are still connected fine with other signal providers.

Ah, I see, is it something like this http://www.mql5.com/en/forum/8652 ?
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problems with ima call function

November 12, 2012, 11:47 pm
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Try to use dynamic array without dimension declaration

double Expmedia[];
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New Forum Category: Trading Systems

November 13, 2012, 12:06 am
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Chart mismatch in MT5

November 13, 2012, 6:23 pm
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I have the same issue with this broker. Just switch to another broker it will work.
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Suggestions for the signal

November 13, 2012, 9:49 pm
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phi.nuts:

(3) Some receiver don't like flat subscription, especially if the signal is a loser one.

Some provider prefer percentage based on provider, not receiver. The receiver can cheat by trading small money and copy-trade the signal to different account with bigger money, some even re-selling the signal, therefore the provider get small income from selling signal on flat subscription, and there's no way we know exactly how much money, the receiver trade the signal. Here, your fellow Aussie, and a Chinese programmer working together http://www.mql5.com/en/forum/8621

If based on provider percentage, it should be flat - for example - for the first 3 or 6 months, then after that based on percentage of profitable pips. That way a lot of users willing to provide signal..

I know that is expensive, but we can't have Ferrari at the price of Honda :D.

(5). Try to use WebMoney, Google "Buy and Sell WebMoney", and you'll probably find local that accept credit card without Pay pal.  

(6). I leave that to MetaQuotes. 

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Expert Advisors: Resonance Hunter

November 13, 2012, 9:59 pm
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When I load the EA into the expert advisor I see no input for Take Profit. Is this implement in the EA?
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Discussion of article "Interview with Ge Senlin (ATC 2011)"

November 13, 2012, 11:05 pm
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New article Interview with Ge Senlin (ATC 2011) is published:

The Expert Advisor by Ge Senlin (yyy999) from China got featured in the top ten of the Automated Trading Championship 2011 in late October and hasn't left it since then. Not often participants from the PRC show good results in the Championship - Forex trading is not allowed in this country. After the poor results in the previous year ATC, Senlin has prepared a new multicurrency Expert Advisor that never closes loss positions and uses position increase instead. Let's see whether this EA will be able to rise even higher with such a risky strategy.

Author: Automated-Trading

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Second-TimeFrame - New Update

November 13, 2012, 11:32 pm
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Different results to signal providers

November 14, 2012, 12:32 am
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phi.nuts:
Are you using the same broker like the signal provider or are you using different broker ?.
Thank you for your replies. I did use a different broker but changed to the same broker as the signal provider. That did not solve the problem. I then increased the percentage to 95% in the "Use no more than" dropdown box found under options/signals in the metatrader platform. Things now seem to be okay with no more trades opening and closing randomly. I will follow the progress along with the history provided on the mql5 website to see if I get the same results. Once again your replies are much appreciated.
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backtesting problem

November 14, 2012, 12:33 am
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CHARTEVENT_CLICK and CHARTEVENT_OBJECT_CLICK help needed

November 14, 2012, 1:07 am
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for others who might have this dilemma,

I found a workaround

 

after seeing one integer chart property, ChartGetInteger(0,CHART_HEIGHT_IN_PIXELS) 

I put all buttons in indicator window,

and then checked the y coordinate of mouse

like this:

if (id==CHARTEVENT_CLICK && dparam > ChartGetInteger(0,CHART_HEIGHT_IN_PIXELS)) {
      printf("skip click event, because it's not in main window");   
      return;
   }


 

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Request to include SQL Database functions in the MQL5 Standard Library

November 14, 2012, 1:11 am
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Check this:

http://www.mql5.com/en/code/855

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Multiple Demo Accounts

November 14, 2012, 1:40 am
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You can open unlimited number of Demo account at instaforex.com

I have up to 30  Demo account there. So, you can try them.

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Trading Signals Introduced in MetaTrader 4

November 15, 2012, 12:48 am
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Yes, i can share it but i'm currently upgrading the performance of the EA.
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How to become signal seller

November 15, 2012, 12:51 am
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I want to ask if i can test robot free on demo account before i will but it from the seller in mql5
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Expert Advisors: gpfTCPivotStop

November 15, 2012, 1:07 am
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Indicators: SinTick

November 15, 2012, 1:09 am
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