MT4 Forex EAs: SL, TP, stop entry levels incorrect?

Hi there,

I’ve been using SQX for a couple of months now and I’ve recently moved to forward testing EAs I’ve generated in a demo MT4 account.

The first thing that I noticed was the TP and SL levels were misplaced: they were always exactly 10x too far out than what I would expect from SQX backtesting, suggesting a misinterpretation of some kind by the EA code. This in itself can be fixed quite easily by simply changing the values in the inputs window, but I suspect a few more things are off. The level at which stop orders are placed are also very far out from the current market price, to the point that almost no trades are ever placed. So I suspect this is stemming from the same problem. I can’t seem to find any others who are affected by this issue, so I thought I’d ask here.

The brokers I’ve used in testing are FP Markets and FTMO MT4. Trading exclusively Forex at the moment. Any help or suggestions would be much appreciated, and I can provide a sample EA too if this helps.

Best wishes

David

Make sure the instrument settings at your broker match the instrument settings in SQX. Especially the pip size/step. If they differ you can use UseSQTickSize EA parameter set to True and also set the MainChartTickSize to the same value used in SQX