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Rate my Software This is the place to discuss the many different charting software packages out there. If you need help finding the right software, then this is the place for you. Also, check out our Forex Charts Guide for reviews of the various charts.

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  #171 (permalink)  
Old 07-07-2009, 01:26 PM
edz edz is offline
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Join Date: May 2009
Posts: 65
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Quote:
Originally Posted by MarkyMark View Post
Hi all,

just bought and installed MegaDroid with 2 MegaTrader demo accounts.
I am really new to Forex trading, and installed 2 droids: 1 with standard out of the box settings, 2nd one with lotsize 1 and 0.4 risk.
Running on my laptop but i will change to a vps soon i think.

I am very curious what is gonna happen and will keep you posted with the results.

Btw is it important what the update rate of the chart is, i.e 1M or 1H ?
Are there any dutch traders here ?
Any recommendations about a vps provider ?

Marc
Dont play with times, just set to 1H!!

Edz
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  #172 (permalink)  
Old 07-07-2009, 01:32 PM
 

Join Date: Jul 2009
Posts: 2
Default so...

Quote:
Originally Posted by edz View Post
Dont worry its OK !!

If you have 1 License on 2 brokers then change S1 & S2 to random 8 digits but make sure each broker has unique numbers set.

Also randomly change S1&S2 every week or so because some brokers look for the default S1&S2 thats set by many traders out of the box when they first trade. Keep 1 big step ahead of the Brokers as you never know.

Dont change Slippage from 3 even if its a 5 digit broker as MD auto calculates to compensate.

18 on 5 digit broker is 1.8 if you see say 187 thats 18.7

Hope it helps!

Edz

Can you explain the whole S1 S2 thing in a bit more details? I don't even understand what they are, what they are used for and what to do with them and why.

As for the spread, so 1.8 on 4 digits should show 1.8pips and if its on 5 digits is should show 18pips?
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  #173 (permalink)  
Old 07-08-2009, 03:43 AM
 

Join Date: Jul 2009
Posts: 9
Default Problem with Megadroid on LiteForex platform

Hi there!

I`m new on this forum. I was looking all around to find answer to my question about my issue and now I`m asking somebody to help me!

When I`m looking at metatrader chart and megadroid is active, under lot size I have a message: "minimum lot size exceeded"!

What does this mean? Lot size is set to 0.1

Do I have to change that value?

Please help me, thanks!
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  #174 (permalink)  
Old 07-08-2009, 03:58 AM
edz edz is offline
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Join Date: May 2009
Posts: 65
Default

Quote:
Originally Posted by nikola5555 View Post
Hi there!

I`m new on this forum. I was looking all around to find answer to my question about my issue and now I`m asking somebody to help me!

When I`m looking at metatrader chart and megadroid is active, under lot size I have a message: "minimum lot size exceeded"!

What does this mean? Lot size is set to 0.1

Do I have to change that value?

Please help me, thanks!
Hi do you mean MAX lots size?? Did you check again on chart?

What broker and what type account have you got?

What are you risk settings and what lot size is in MD?

Edz
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  #175 (permalink)  
Old 07-08-2009, 04:06 AM
 

Join Date: Jul 2009
Posts: 9
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Quote:
Originally Posted by edz View Post
Hi do you mean MAX lots size?? Did you check again on chart?

What broker and what type account have you got?

What are you risk settings and what lot size is in MD?

Edz
1. No, I mean MIN lot size exceeded!
2. Lite Forex - liteacc. (there are also Real acc.)
3. Risk settings: 0.1
4. Lot size in MD: 0.1
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  #176 (permalink)  
Old 07-08-2009, 04:26 AM
edz edz is offline
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Join Date: May 2009
Posts: 65
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Quote:
Originally Posted by nikola5555 View Post
1. No, I mean MIN lot size exceeded!
2. Lite Forex - liteacc. (there are also Real acc.)
3. Risk settings: 0.1
4. Lot size in MD: 0.1
Whats your acc balance?
Try 0.01 lot size in MD

Edz
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  #177 (permalink)  
Old 07-08-2009, 04:45 AM
 

Join Date: Jul 2009
Posts: 9
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Accont balance 800$ (8$ but in cents)? Is it insufficient?
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  #178 (permalink)  
Old 07-08-2009, 10:18 AM
edz edz is offline
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Join Date: May 2009
Posts: 65
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Quote:
Originally Posted by nikola5555 View Post
Accont balance 800$ (8$ but in cents)? Is it insufficient?
you have eight hundred dollars?

what did setting 0.01 in lots size do?

Edz
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  #179 (permalink)  
Old 07-08-2009, 06:15 PM
bravehoststamps's Avatar
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Join Date: Apr 2009
Posts: 195
Default

One more profitable trade on my FXCBS account on July 7th: jbfxcbs.mt4stats.com

Last edited by Nica; 07-08-2009 at 08:27 PM.
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  #180 (permalink)  
Old 07-09-2009, 06:01 PM
 

Join Date: Jul 2009
Posts: 9
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Quote:
Originally Posted by edz View Post
you have eight hundred dollars?

what did setting 0.01 in lots size do?

Edz
I don`t know that!?

Because of that I`m asking for help...
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