Thursday, 18 October 2007
live statement entries
Q.
I was looking at your live trading statement and saw 3 open buy positions for Oct. 17th. I then opened my IBFX GBP/JPY daily chart with the easy forex indicator attached. As far as I could tell the indicator was showing red lines (downtrend). I was under the impression the ea only went long when the indicator was green (uptrend). Am I missing something?
A.
The reason is that the EA on the demo is running on the 4Hr chart, so is it more susceptible to smaller variations.
Labels: EA, live trading, trend
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