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Originally Posted by pipdetector  Indeed MD did not score well yesterday. It broke even pipwise in my case, but the whole trade was still negative as I pay commission for each trade (so actually it was 1 pip in the red).
EB-Turbo sounds interesting (more and more). I wonder what is the reason for triggering the trades in threes. |
So how does the commission that you pay compare to the spread that I pay? If you pay commission, you are not subject to rollover fees...right? What broker are you using again?
EB-Turbo opens at least three trades at nearly the same time. I have seen it open five (with the 'aggressive' turned off) within a couple of minutes. I have also seen it open 10 trades with 'aggressive' turned on. That is what killed my last demo account. Right after I bought EB-Turbo. In put it on all four pairs that it trades with the aggressive switch on and pow, EB opened 10 EURJPY trades that lost over $600 each.
I am not positive about the reason that multiple trades are open but it may have something to do with the difference in the opening price.
EB-Turbo goes after either 10 pips (most of the time) or 25 pips. I am also not sure how it determines which of the two targets it is going after. The only way to tell before the trade is closed is to look at the open trade TP. The TP and SL are not hidden from the broker either.
Rick