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7bit replied Nov 4, 2009It has all been proven more than once, scroll back and read it.
NEW MT5 Seriously Stuffed For Traders Platform
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7bit replied Nov 4, 2009I am not talking about multiple accounts and i am not talking about fxspyder. All my bridge needs is one oanda account with one position and all it does is to issue buy and sell orders to keep the oanda position identical to the MT4 position. Since ...
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7bit replied Nov 4, 2009I smell some idiots in this thread.
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7bit replied Nov 3, 2009I am absolutely sure you still have a little error in your understanding of the mapping MT4 -> MT5 but i can't exactly locate where it is because i can't view into your head. A grid system is consistig of many entry orders layed out in constant ...
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7bit replied Nov 3, 2009I left the spread away to make it easier to see my point and also did not calculate floating profit/loss like you did above but instead looked just at the net position (which is all you need to look at when translating from MT4 to MT5) (The equality ...
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7bit replied Nov 3, 2009Grid systems are usually traded by scripts that place the orders automatically. Once the rules of how the grid should work are fixed it can be implemented in MT5 just as it would be in MT4. Dont try to confuse yourself by looking at drawdowns of ...
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7bit replied Nov 3, 2009Since everything you could possibly do in MT4 can (and and actually will) be mapped to the one-position-system it simply can not be impossible. - let x be a vector (x1...xn) of real numbers, denoting the currently open MT4 trade sizes (positive is ...
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7bit replied Nov 3, 2009No, even without hedging. A sell will simply reduce or reverse an opposite position (in one step!). In MT4 it would open a new position, effectively cancelling out parts or all of the opposing position. In MT5 it will reduce (or even close or ...
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7bit replied Nov 2, 2009You are in fullscreen mode. press F11 or chose it from the menu.
How did I break My MT4
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7bit replied Nov 2, 2009To us with the ability to use our brains it is obvious who is stupid here. To you it may continue to be a mystery. In that case you can't be helped.
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7bit replied Nov 1, 2009I am writing this with a bigger font now since you obviously seem to have problems deciphering the small letters: 1. you don't pay one single cent more commission or spread, there is NO difference, this has already been mathematically proven in this ...
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7bit replied Nov 1, 2009There will soon be simple scripts that you can invoke that will just wrap the old MT4 behvior around the MT5 model, scripts that let you just specify the takeprofit and stoploss and that care about the OCO stuff, trailing stops, closing the "trade" ...
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7bit replied Nov 1, 2009I think there is a misconception here, i always here "close and open [opposite position]" as if it were two distinct operations. This is not the case, it is done in one operation, just like in MT4: If you are 3 lots long and want to go short with 5 ...
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7bit replied Nov 1, 2009They can and they do. They can "afford" it because there are no additional costs associated with it. They did it already all the time in MT4 by clicking the "sell" button while being in a long-term long position and setting a takeprofit as ...
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Proposal: "nedge" debunker indicator
Started Oct 31, 2009|Platform Tech|0 replies
(maybe we need a more beginner friendly name for it, once it is ready for the masses) Since it ...
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7bit replied Oct 31, 2009But this is a problem of the trading strategy itself, not a problem of how to execute the trades once you are sure what you want to trade. in MT4 you open a long position of x lots with s/l and t/p, a few minutes later you additionally open a short ...
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7bit replied Oct 31, 2009If you look at your MT4 trading (with all its concurrently open trades in opposing directions) from an MT5 perspective, if you continue trading in MT4 as you were used to but at the same time on every entry/exit think about what this would mean when ...
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7bit replied Oct 31, 2009This question is answered in post #218. Commissions are proportional to the lot size of the transaction and it was clearly shown and mathematically proven that the costs for equal strategies are equal in MT4 and MT5 because the total sum of traded ...
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7bit replied Oct 30, 2009MT4 will call deinit() and then init() again, variables will keep their values. You can use UninitializeReason() in deinit() and init() to find out whether it was a switch of timeframes or something else and act accordingly.
What happens to EA when chart changes period?