Execution of pip protect trades is terrible on fxopen servers!
I am running an ea that automatically opens trades. After a certain number of trades against the direction it is set up to protect on the last trade so that when the protected last trade hits a positive 5 pips it closes all trades open for overall gain and to restart group trades again. Works fine on demo, but the execution on fxopen live is horrible, even on the new 3rd server. It's so bad that it is closing after 1 or 2 positive pips, losing me 3 pips overall and making my pip protect trades net negative! Be wary of fxopen's slow servers! I am learning an expensive lesson
This slippage is occuring at non-news times and has occurred during 3 sets of trades over the past few hours. Did not start occuring until my trading started becoming profitable overall.....interesting.
Last edited by d4amenace; 04-14-2010 at 10:07 AM.
Director of FXOpen Aus
Have you tried the EA on ECN?
Jafar Calley - Director
FXOpen AU Pty Ltd
Level 26 • 1 Bligh Street
Sydney NSW 2000
AFSL:412871 ABN:61 143 678 719
yes when i read your thread it seems that you have problem only with live account
as ilearnit tell you the broplem with the EA not from fxopen servers because it works fine on demo and demo accounts have more pursuer more then live accounts i guess bye bye