EUR/USD settings on LMAX
Posted: Feb 12 2015
Hi Folks,
Would anyone know what the correct settings for EUR/USD with LMAX are?
This is what I have,
Price scale: 1/100000
Daily limit: 10000
Min. Movement: 1
Big Point Value: 100000
Are these correct for standard lots with LMAX?
Also, I have the "percent trailing" signal attached as part of an exit strategy.
It is set to:
FloorAmt: 50
Trailing Pct: 20
But the exits are not trailing at 20%, for example that first trade went up to $300 in profit but then it did not exit the position until it dropped to $100. This is not the first time I have seen this, and it happens quite a lot. It is not a speed or market move issue either as it was moving extremely slowly when I observed this.
Any help would be appreciated.
Would anyone know what the correct settings for EUR/USD with LMAX are?
This is what I have,
Price scale: 1/100000
Daily limit: 10000
Min. Movement: 1
Big Point Value: 100000
Are these correct for standard lots with LMAX?
Also, I have the "percent trailing" signal attached as part of an exit strategy.
It is set to:
FloorAmt: 50
Trailing Pct: 20
But the exits are not trailing at 20%, for example that first trade went up to $300 in profit but then it did not exit the position until it dropped to $100. This is not the first time I have seen this, and it happens quite a lot. It is not a speed or market move issue either as it was moving extremely slowly when I observed this.
Any help would be appreciated.