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Seems that JPY is on fire 
). Should trade only Euro session :-?
). Should trade only Euro session :-?
Suggestion MonkeyPips - With Secondary Terminal
- Thread starter trevor
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cmhoahongxanh there is something wrong with your broker/vps combination man.
This is my live account profit results in only 3 days. %350 gain.
Also the profit is still running...
View attachment 23559
What version are you running in live account?
Do you use second terminal ?
I had little bit different results, more losses than profit.
I have been running ver 1.16 yesterday and today
How sensitive is this setting? The default is at 40. Should I test by an increase of 1 at a time or just go with multiples of 5, such as 45, 50, 55, 60...
Also, by increasing the VelocityTrigger, will trade quantity increase or decrease? Thank you.
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Ok guys i do not trade only with monkeypips i must confess because there will be no stopping this questions.
I have a breakout ea of my own and using it together.
Monkey is good but makes quite high drawdowns sometimes, i couldnt control the drawdown of monkey so i combine it with my own strategy.
Works together ok. Please do not ask further, my strategy is a different approach to everything and i'm not sharing or selling it.
Altough, selling an ea is the best way to make money in forex.
I have a breakout ea of my own and using it together.
Monkey is good but makes quite high drawdowns sometimes, i couldnt control the drawdown of monkey so i combine it with my own strategy.
Works together ok. Please do not ask further, my strategy is a different approach to everything and i'm not sharing or selling it.
Altough, selling an ea is the best way to make money in forex.
Hi guys,
tonight was a nightmare for many EA and yesterday I made a mistake deciding to put in the same account more then one cross.
If I did not do that the loss would be only of 5% and not 12%.
Anyway now only USDJPY is running with MonkeyPips 1.16 default settings.
day#5 Pepperstone REAL account is still positive +5.18%
Talking with Trevor He adviced to "use a larger velocity and trade for news try to avoid trading in low volatility".
I think he's talking about the Parameter "VelocityTrigger" with default of 40.
If I understand well changing this parameter to something more (example 60) we can avoid the flat period that cause false start for the EA.
It means less trade but more accurate, am I right Trevor?
What value do you advice for the VelocityTrigger?
tonight was a nightmare for many EA and yesterday I made a mistake deciding to put in the same account more then one cross.
If I did not do that the loss would be only of 5% and not 12%.
Anyway now only USDJPY is running with MonkeyPips 1.16 default settings.
day#5 Pepperstone REAL account is still positive +5.18%
Talking with Trevor He adviced to "use a larger velocity and trade for news try to avoid trading in low volatility".
I think he's talking about the Parameter "VelocityTrigger" with default of 40.
If I understand well changing this parameter to something more (example 60) we can avoid the flat period that cause false start for the EA.
It means less trade but more accurate, am I right Trevor?
What value do you advice for the VelocityTrigger?
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Monkey works almost any fast broker but like i said i couldnt control monkeys high drawdowns. Using it alone mostly wont work on any broker.
Tradersway is fast broker but is it not a regulated broker. I didnt hear from anyone that couldnt withdraw money though.
I played its settings a lot. It's good 15 days then beginning to fail. Change again, good for a while then begins to fall again. The only solution was my own ea. Using a smart way to recover looses. Otherwise the drawdowns wipes out all profits mostly and it drives you mad.
Tradersway is fast broker but is it not a regulated broker. I didnt hear from anyone that couldnt withdraw money though.
I played its settings a lot. It's good 15 days then beginning to fail. Change again, good for a while then begins to fall again. The only solution was my own ea. Using a smart way to recover looses. Otherwise the drawdowns wipes out all profits mostly and it drives you mad.
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Thank you.
I have been using this broker for several years and never had any problem.
new update v1.18
this has one important fix, orders being modified with same price
and back to the basics of the velocity strategy. keep it simple.
i have a showcase account on vipro now
https://www.myfxbook.com/portfolio/monkey-pips/1727836
this has one important fix, orders being modified with same price
and back to the basics of the velocity strategy. keep it simple.
i have a showcase account on vipro now
https://www.myfxbook.com/portfolio/monkey-pips/1727836
michael behrmann
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There is no way to remove MonkeyPips comment & Magic number. Trevor doesnot put extern option
I agree it will be really helpful .
Tradersway also loses last night . Profit is in negative zone
same license code
and can change comment and magic
Thank you Trevor . You ROCK!
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You can try this broker too if you like. It's a HFT (high frequency trading) broker. Maybe it could be good.
Basicly it is a scalping broker.
http://www.yadix.com/hft/
Basicly it is a scalping broker.
http://www.yadix.com/hft/
Where I can download ver 1.18 from?
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