In the first version we looked for the price to be above or below the SMA but we got more losses with that method.
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DislikedHi Geoff,
Your EA is excellent and i used the following settings and found the two big loss making trades are the killer. Otherwise it made good profit.I did the testing from 01/03/10 to current.
I am also in the same boat as you are in terms of the EA i have purchased many and none of them returned good results.
I sther a way we can eliminate the loss. i brought down the SL to 50 and all other parameters are default
Bars in test...Ignored
DislikedAttached v2 files with hidden TP & SL for your approval.
I have also changed the MM settings as follows:
Low Risk - 1%
Med Risk - 3%
High Risk - 5%
VHigh Risk - User selected.
The risk is calculated per order such that hitting the stoploss would reduce your equity by x%.
Note: Because the EA creates 2 orders the risk factor is doubled!Ignored
DislikedHey geoffb65,
Thx again for coding v2 for hidden sl/tp. Except there must be some type of bug. If I use MM true and manual lot size false, I can a message on my chart informing me that "Your lot size is too small".
Any ideas?
thx,
toddIgnored
DislikedIf you set MM true then you must select Low, Medium or High risk as well.
If the MM then calculates a lot value that is too small to place then you will get this message.Ignored
Dislikedv3 opened a sell, which I closed manually with a small loss. Weird.Ignored
DislikedI think the candles were very small in the hour before Tokyo open and, although the SMA showed an uptrend, the M15 fractals did not give a positive confirmation of this.
My testing is done on an Alpari Demo account which uses ECN data and is quite a bit different from their live accounts.
So I guess we can get different trades through different brokers.Ignored
DislikedMOrning Geoff.
thanks for the explanation as my v3 never traded last night either whihclooking at the PA is a shame..
So it never tested the 2nd part trailing stop either so will report back tomorrow if it trades and tarils correctly
cheers
GrantIgnored