:17: i have it In February,but i refound later cos many broker has differents orders with vendor’s.
and i now i check the vendor’s myfxbook and other user’s,find tham who use trade copy from vendor has the same orders…
so i want to pick it back again,only use vendor’s trade copy…
same story here. first i bought the ea as it was available. then refund. now bought the trade copier. if you have another ea from doug maybe revtrader or any other you can mail and ask him for a special price. btw: if you buy you will get only the trade copier. doug isnt selling the ea anymore.
i have old discount 650,and i find it’s only trade copy,but it’s ok.
i search on myfxbook ‘Vortex Trader PRO’ and find 12 results,but i check some account,their recent records not match the vendors 100%,like open time,close time(i change their time to the same),and orders numbers…that’s why? they all use old vtp EA not copy trader?
seems to be so. if you are using the trade copier you will have exact the same trades as on dougs synergy account. so dont care about the other results. little slippage thats all. and set your risk accordingly. vtp can hit 110 pips sl and can open two trades. so 220 pips is worth case.
@Tradenew
can you check this week of vtp,your account got two gbpusd and one eurusd orders?
i use vtp copy soft,but only two gbpusd pairs.not eurusd,don’t konw why,i send a e-mail to doug price.
i use default setting,only change lot,PairSuffix(default sllipage=2,i doubt it’s this problem)
below it’s vendor’s myfxbook M5 chart Analysis of this order.
you are risking 11% with this setup. a full sl will cost you 2200$. Imho thats too much but on the other side you are making nice profits too. I am risking around 5%. 0.5 lot per 20k
maybe. just wait for dougs answer and keep an eye on it. are you running cabex or any phibase ea with this mt4 terminal? there is a disconnect problem caused by phibase eas with th enew 830 mt4. phibase is aware of the problem and just testing a update.
disconnect problem?any log show here?can you screenshots?
yesterday i follow Doug price’s advice and set EnableMarketStatus = FALSE,run vtp copy at eurusd.lmx H1 chart.
and run FE-combo at eurusd.lmx M5 chart.
and run another copy order soft at eurusd.lmx H1 chart.(not simpletrader soft)
but just now i miss the order gbpusd again.
and mt4 log,ea log not show any thing,no error log.
Have you guys done any long term back tests on the EA alone? I know many people just use the trade copier… But it’s good to know how the ea does standalone. I haven’t purchased this yet.
Thanks
Hi could you help me how to set up :
-RiskScaling
-LotScaling
MaxinumRisk ?
I really don’t know how to figure out to set it up. like account $4,000.00
Thank
first of all set “EnableMarketStatus=false”
Then set fixed lot size for your account size like this:
A full sl could be 220pips or more (because doug nowadays higher the risk during a trade).
If you look at vendors account he is running 3lots per trade with a balance of 77000$.
Thats 0.039lots per 1k$.
If he gets a full sl with 220pips for example he will loose 6600$ or roughly 8.56%.
With your 4k$ account you could simply copy exact the same risk with setting the mode to RISK SCALING 1.0
I am running the ea with FIXED LOT 0.1 atm as you see and would recommend to set it to FIXED LOT also. Simply because you are sure nothing unusual happens to your account if there is any glitch on vendors account. Safety first.
To set the risk accordingly there are some points to consider. Normaly a good risk is not more than 2% per trade.
But this ea shows a real good success rate of around 90% and isnt so active. Based on pullback strategy which is very reliable since years. Wallstreet ea is a good example.
This is the reason why i am running this system with a risk of 10% on my account.
With 4k$ you could run 0.2lots. Full sl will cost you around 440$=11%.
If you are more conservative go with 0.1 lot.
Here are another point we discussed on myfxbook.
I am watching my eas very closely like most of us here. In case that a VTP trade stands open for more than 24h take a closer look at all available data. News and sentiment. This strategy is a pullback strategy and normaly the trades will closed out very soon after they are opened. The longer they float around in dd the higher the risk that the price will never return and you hit full sl. After 24h i normaly closed out those trades to avoid a full sl IF there is no sign in fundamentals that could lead to a success.
The most important setting is: “SET BRAIN ON=TRUE”
Thank for help Tradenew, but I don’t know why we have to set " EnableMarketStatus=False.
I have Support tech from them set for me =True ?? doe its work different on market .