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Re: Have you made money?
[Re: Thirstywolf]
#456286
11/17/15 03:30
11/17/15 03:30
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Joined: Feb 2014
Posts: 181
RTG
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Member
Joined: Feb 2014
Posts: 181
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IC Markets - True ECN Account. The results I have mentioned are only for the Z strategies, not my own, using recommended settings and almost always more capital than suggested.
I agree with you Ddlv. Some critical thinking is required.
Another user on this forum suggested to me that the difference between my results and that of others may be orphaned trades, but that is probably only true for others using MT4. I have manually closed out at least hundreds of orphaned trades over the last 18 months. If others are not catching orphaned trades and letting them hit zorro's hard stops, that would be a huge hit on the account. Anyone else would be using FXCM. A brief look into their spreads and slippage should tell you everything you need to know there.
Thirstywolf What is the definition of an orphaned trade in this case?
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Re: Have you made money?
[Re: kandlekid]
#456293
11/17/15 09:04
11/17/15 09:04
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Joined: Dec 2013
Posts: 82 Sydney, NSW
Thirstywolf
Junior Member
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Junior Member
Joined: Dec 2013
Posts: 82
Sydney, NSW
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DDlv, Yes, sometimes up to 4 or 5 orphaned trades in one day. I would say at its worst about 30% of trades were orphaned. Interestingly my broker sent out an email about upgrades they were doing to their MT4 support infrastructure to overcome network outages. Since the upgrades, which was about a month ago, I have had 1 orphaned trade (today). From probably 5 per week to 1 per month overnight. I had planned to change to IB with the new API before that, but now I will stick with them.
RTG, when I say orphaned trades, I am referring to a trade that is opened in MT4 by zorro, but somehow MT4 and zorro have different trade numbers for it, and zorro immediately loses control over the trade. If you don't catch it early by comparing your trade numbers, later down the track you get the message from zorro stating "cannot close this trade" etc.
Hope this helps
Thirstywolf
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Re: Have you made money?
[Re: Thirstywolf]
#456561
11/28/15 18:19
11/28/15 18:19
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Joined: Nov 2015
Posts: 4
Repled
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Joined: Nov 2015
Posts: 4
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Thirstywolf, which Z-strategies are you running?
When Zorro and MT4 get out of sync, how do you get them into sync again. You say you close the trades manually in MT4 but how are the Z-strategies handled? Do you somehow have to reset, restart the Zorro Strategy?
I am all new to Zorro.
)) Repled
Last edited by Repled; 11/28/15 18:21.
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