The Forex Noob

I’ve been wondering why the EA’s I have running are inconsistent. It may be their nature, Donna informed us that FAPTurbo “has a ” ’scatter’ feature which means that not all trades are placed at identical times” which makes since. If all accounts running FAPT traded the same currency pair at the same time there would most likely be a huge swing in that pair.

I’ve also read where it is important to change your EA’s magic number frequently if your broker has a dealing desk. True?

The way I understand it a Magic Number is an optional and arbitrary number assigned to an EA via your Expert Adviser property settings. It allows multiple trades for a specific currency pair to be managed correctly.

From metatrader.info “The Magic Number is a unique number you assign to your order(s) as a reference enables you to distinguish between the orders that opened by your expert adviser and the orders that opened by another expert advisers or manually.”

So, we can change our magic number often and in theory DD brokers will not get used to seeing our trades and doing nasty things, not that they ever would.

Does that make since? Is this a valid reason why we see good trades early in EA installation and more poor or no trades after time?

Should we be changing our magic number every day?

Thanks for your time,
The Forex Noob

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