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Re: Have you made money? [Re: DdlV] #456250
11/15/15 22:05
11/15/15 22:05
Joined: Dec 2013
Posts: 82
Sydney, NSW
T
Thirstywolf Offline
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Thirstywolf  Offline
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T

Joined: Dec 2013
Posts: 82
Sydney, NSW
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

Re: Have you made money? [Re: Thirstywolf] #456255
11/16/15 01:40
11/16/15 01:40
Joined: Apr 2014
Posts: 482
Sydney, Australia
B
boatman Offline
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boatman  Offline
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Joined: Apr 2014
Posts: 482
Sydney, Australia
Thirstywolf, thanks for the information. Very interesting what you wrote about orphaned trades.

Re: Have you made money? [Re: boatman] #456271
11/16/15 15:15
11/16/15 15:15
Joined: Apr 2008
Posts: 585
Austria
Petra Offline
Support
Petra  Offline
Support

Joined: Apr 2008
Posts: 585
Austria
I trade Oanda. Had not much problems with orphans yet.

Re: Have you made money? [Re: Petra] #456281
11/16/15 22:10
11/16/15 22:10
Joined: Jun 2013
Posts: 1,609
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DdlV Offline
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DdlV  Offline
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Joined: Jun 2013
Posts: 1,609
@Petra, Oanda is a DD broker, isn't it? Has that caused any problems/concerns?

@Thirstywolf, to be sure I'm reading you correctly, hundreds of orphaned trades over 18 months works out to 10-20 per month or 2-5 orphaned trades per week?

Thanks.

Re: Have you made money? [Re: Thirstywolf] #456286
11/17/15 03:30
11/17/15 03:30
Joined: Feb 2014
Posts: 181
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RTG Offline
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RTG  Offline
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Joined: Feb 2014
Posts: 181
Originally Posted By: Thirstywolf
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?

Re: Have you made money? [Re: DdlV] #456287
11/17/15 04:12
11/17/15 04:12
Joined: Dec 2012
Posts: 34
New York
K
kandlekid Offline
Newbie
kandlekid  Offline
Newbie
K

Joined: Dec 2012
Posts: 34
New York
I've been running Z1 with the default parameters since Sept 2014. At the moment, I'm up about 23 % (started with 2250 USD, currently at 2909 USD). The system appeared to be in a range centered around 2500 USD - 2600 USD for most of 2015, but may be breaking out.

Re: Have you made money? [Re: kandlekid] #456293
11/17/15 09:04
11/17/15 09:04
Joined: Dec 2013
Posts: 82
Sydney, NSW
T
Thirstywolf Offline
Junior Member
Thirstywolf  Offline
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Joined: Dec 2013
Posts: 82
Sydney, NSW
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

Re: Have you made money? [Re: Thirstywolf] #456561
11/28/15 18:19
11/28/15 18:19
Joined: Nov 2015
Posts: 4
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Repled Offline
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Repled  Offline
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Joined: Nov 2015
Posts: 4
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.
Re: Have you made money? [Re: Repled] #457186
01/03/16 11:58
01/03/16 11:58
Joined: Dec 2013
Posts: 82
Sydney, NSW
T
Thirstywolf Offline
Junior Member
Thirstywolf  Offline
Junior Member
T

Joined: Dec 2013
Posts: 82
Sydney, NSW
Hi Repled.

Welcome to the forum.

Sorry it's taken me a while to respond, I've been on holidays. I don't do anything to re-sync zorro and MT4 other than making sure I have no orphaned trades in MT4. Eventually if Zorro can't control a trade it stops trying. All of my comments above refer to the Z strategies, not my own strategies. No resetting Z strategies required. I am currently running Z12, Z7 and Z3.

I have still had only 1 orphaned trade since the IC Markets fix, so for me the orphaned trade situation seems to be mostly resolved.

Thanks

Thirsty

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