TheEdgeFX.com

AJ00

Recruit
Messages
2
S/L on Wrong Side of Price

In the live results for 2010.06.24 (and others), should not the S/L (Stop/Loss) be on the other side of the entry Price? SELL Price=1.04325, S/L=1.04265, T/P=1.04055, CLOSE Price=1.04265. For a SELL(Short), I thought the S/L should be greater than the SELL Price, e.g. 1.04400, etc.?
 

theedgefx

Recruit
Messages
4
In the live results for 2010.06.24 (and others), should not the S/L (Stop/Loss) be on the other side of the entry Price? SELL Price=1.04325, S/L=1.04265, T/P=1.04055, CLOSE Price=1.04265. For a SELL(Short), I thought the S/L should be greater than the SELL Price, e.g. 1.04400, etc.?
Hi AJ, the strategy sometimes uses a trailing stop. What your example shows is a trade hitting its trailing stop and closing. The trailing stop is essentially the stop loss. I hope that helps you understand what's going on here.
 

SandyW

Recruit
Messages
1
How often does the Edgefx live account report on this site update? It has not updated since 07:18 this morning and is not showing the current situation with the recent trade.
 

theedgefx

Recruit
Messages
4
How often does the Edgefx live account report on this site update? It has not updated since 07:18 this morning and is not showing the current situation with the recent trade.
Hi there, it should update every 15 minutes. If it doesn't, it might be a good idea to wait an hour or so. It will be a FPA issue. Alternatively you can visit our site and check out our track performance.
 

theedgefx

Recruit
Messages
4
Hi there, it should update every 15 minutes. If it doesn't, it might be a good idea to wait an hour or so. It will be a FPA issue. Alternatively you can visit our site and check out our track performance.
Sorry we had this wrong. It should update hourly. Our mistake.
 

JAIME TOSCANO

Private, 1st Class
Messages
44
Consistency & Performance

Hello, I purchased the software and started testing it on a Demo account. My results were very simmilar to those published in FPA, which is a good sign of consistency, even though I am using a different broker.
On the other side, after some time testing it on a demo account, I decided to start using it on a real account. Results keep being the same than those published, although I had the bad luck of choosing the date when the first bad trade happened. Needless to say, this discouraged me, so I reduced the risk (lot size) to its minimum but left it on the real account.
The question that comes to mi mind after having experienced this is the following:
-- What makes this EA different from other popular scalpers that also have a high success rate and at the same time have high stop loss values ?
Thank you
 
Last edited:

theedgefx

Recruit
Messages
4
Hello, I purchased the software and started testing it on a Demo account. My results were very simmilar to those published in FPA, which is a good sign of consistency, even though I am using a different broker.
On the other side, after some time testing it on a demo account, I decided to start using it on a real account. Results keep being the same than those published, although I had the bad luck of choosing the date when the first bad trade happened. Needless to say, this discouraged me, so I reduced the risk (lot size) to its minimum but left it on the real account.
The question that comes to mi mind after having experienced this is the following:
-- What makes this EA different from other popular scalpers that also have a high success rate and at the same time have high stop loss values ?
Thank you
Hi Jaime, Not sure if this is directed towards us or other users. First of all our stop losses are less than most other scalpers because our robot attempts to get in at better levels than other robots and thus doesn't need huge stop losses.
 
Top