using them as well, to make it easier I'll post here what you have to change in order to have a smooth experience with that signal provider... =>First of all put Provider or Market Entry Price to : PROVIDER =>Stop Loss section: ;Stop LOSS =>Take Profit section: ;TAKE PROFIT =>Close Orders: ;CLOSE TRADE =>Messages containing these words will be ignored: ;Premium Results;FREE WEEKLY REPORT;FREE REPORT FOR;REPORT
Don't forget to put ; Hope it helps, found it out on hard way got some unexpected trades before setting those up... at least it was demo account ( which you should always try on)
It’s looks like Forex sniper is a set and forget provider where I don’t have to wait for (take profit now /close early) updates from signal provider I just enter tp and sl and leave it there. Is that true? I work a lot and don’t have enough time to be able to catch all updates from signal provider.
Jim Dimitroulopoulos this is simply not true, this cannot be. I trade it like this; 0.3 lots for TP1, 0.2 lots for TP2 and 0.1 lots for TP1. Once TP1 is hit, the SL level of the two other positions are moved to entry point. So how do you lose money? I dont understand
J S it was never ever ever hit the same time 10 pips and we use the same broker..... I have right now 12 positions open.... When i win i win small like couple cents or few dollars.... When i lose i lose big especially when they change the signal....
J S i cannot post a screenshot here, but as for jim, when they change a signal i got a double loss. Its true, i have hit TP sometimes, then TP2/TP3 changed like u say. The problem here is NOT the EA (TelegramFxCopier); its the signal provider Forex-Sniper! maybe i have just joined in a very hard situation... but i also never have the pips that forex sniper says on his website or in his weekly reports. i will take a look again on this. But the 1k loss in less than a week hit me hard. Will stay in contact with forex sniper; maybe they have settings that approved to function on telegramfxcopier for all brokers or special for my broker / settings...
will keep you updated! i wish i could usethe ForexSniper Signals for profits, but at this time i have a very small profit compared to a 1k loss
Jim Dimitroulopoulos then I suggest you stop it. It works very fine for me and I use bdswiss as broker. As I said I I trade it like this; 0.3 lots for TP1, 0.2 lots for TP2 and 0.1 lots for TP3. Once TP1 is hit, the SL level of the two other positions are moved to entry point. It works very fine for me. If it does not work for you: stop it.
Momosavar this was my fault (or my missing experience was the fault): i got a signal with buy, my EA bought it. seconds later there was a signal "close buy / new signal available"; my ea bought it once again and didnt consider the new signal with Sell for example. Meaning 6 Positions with loss. This fault was not a very big loss since i noticed it very fast.
J S Thank you for your honest answer! I will give it a new try; a answer from Jim would be also good; ForexSniper also uses ICMarket and Jim has no success?
It seems i just joined in a very rough time. I will take a further look on this.
would be nice if you'd share all the settings you use for "set and forget" as I have problems with that provider as well... especially when they change direction ( close previous and open new one)
Igor Vitman Delete "BUY;SELL" from "open order again" or something like that, that helped me with the close previous and open new one. i also had "modify order on signal" on and changed the lot size.
guys that signal provider count pips without even hit.... example GBPCHF the tp 2 is 1.2540 and 30 minutes ago he said the tp 2 20 pips hit but so far if you go in the chart it hasn't hit... it came close but not hit.... keep in mind i use icmarkets same as they.
Franc Miranda I solved the problem by reading the comment thread where it indicates to delete "BUY;SELL" from "open order again" or something like that, that helped me with the close previous and open new one. i also had "modify order on signal" on and changed the lot size.
it would be good, if someone would post here a file with the settings to download and copy or lining out all the settings. This is what I call a community in order to help each other out
I am also struggling. But they had reporting problems, solved now. Copying every signal with 3 tp´s with or without SL on BE after TP1 is not working. Now I take only 1 trade per signal, with their SL and TP on 30 pips. This works better, good moments, bad moments. No track record yet, period too short. Settings: TP at 300 points always, close orders: adding "new signal", and at enter again delete "buy " and " sell " . I will try on demo with higher lotsize on TP and lower on TP2 and TP3. But what are the settings on the copier for that?
jose martinez As explained I take only 1 trade, not 3 TP. When TP1 is not reached in your account the losses are too big. I also exclude any GBP trade. What I change in the settings: Custom TP in points 300, always. Percentage of TP1: 0 Percentage of TP2: 100 Percentage of TP3: 0 Risk management Option: None Close orders: I add: close trade and new signal . Enter again: I delete buy and sell Keep us posted.
(GMT+8 1.22pm) They just posted a NZDJPY(sell) hit +50pip(price is at negative) where the price down at most(+30pips).. total bull shit and disappointment with this fake data post. they need to improved on the transparency.
Based on the result posted online and the telegram the only official trade close is the 50pips(TP3) and any fake positive pips announcement of the trade changes to swap side and to closed trade(as shown above).
10pips and 20pips TP are for show, and not officially reflected online. it has a high R:R trade with 5:1 to 8:1. trade with caution if you want to add into your telegram copier to scalp(using TP1 and TP2).
so far the performance has be negative. Will update and review again on the performance in end march.
You can use default settings if anything requires to change you can do it additionally in input settings
=>First of all put Provider or Market Entry Price to : PROVIDER
=>Stop Loss section: ;Stop LOSS
=>Take Profit section: ;TAKE PROFIT
=>Close Orders: ;CLOSE TRADE
=>Messages containing these words will be ignored: ;Premium Results;FREE WEEKLY REPORT;FREE REPORT FOR;REPORT
Don't forget to put ;
Hope it helps, found it out on hard way got some unexpected trades before setting those up... at least it was demo account ( which you should always try on)
Do you know any good signal channel?
most of the times when win, i get few $ when i lose i lose alot of $$$
profit was very small and loss very high just as Jim wrote!
will keep you updated! i wish i could usethe ForexSniper Signals for profits, but at this time i have a very small profit compared to a 1k loss
and do you use provider price or market price in your setting?
This fault was not a very big loss since i noticed it very fast.
I use "PROVIDER" in the settings.
It seems i just joined in a very rough time. I will take a further look on this.
EDIT: Jim`s answer is stated above
@losnumitas
telegram
Keep us posted.
https://snipboard.io/pX3v4d.jpg
Based on the result posted online and the telegram the only official trade close is the 50pips(TP3) and any fake positive pips announcement of the trade changes to swap side and to closed trade(as shown above).
10pips and 20pips TP are for show, and not officially reflected online. it has a high R:R trade with 5:1 to 8:1. trade with caution if you want to add into your telegram copier to scalp(using TP1 and TP2).
so far the performance has be negative. Will update and review again on the performance in end march.
(paid is not always good)