This EA may not be the best EA around, but I think it is good enough for me.
It is based on hedging strategy.
If you don't like hedging, please stay away.
Anyone interested to try it can download it here:
2 versions are included, with SL and without SL.
I may try to answer your questions whenever I am free.
I won't explain on how to use an EA, please search for it.
current setting is for 4 decimals. to use with 5 decimals, you need to add another zero to most input.
90409 90328 4D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct TRIAL.ex4
90409 90328 4D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct TRIALSL.ex4
for 5decimals (addded 22may)
90409 90328 5D M1100 CL1D1 CS TS plus 0.01 LBL 25p tstart tp2 eqt clp 1pct TRIAL.ex4
basic variables/inputs for 4decimals, no sl version (sl value not functioning for this type, but functioning in SL type):
eqttgt = 100000;
Profit = 1000.0;
Propct = 100.0;
spread = 5;
tp = 100;//
tp2 = 3;
tpsell = 100;//
tpbuy = 100;//
slips = 3;
shsell = 25;
shbuy = 25;
sellno = 10;//9;
buyno = 10;//10;
lastlot = 0.01;
lotmula = 0.01;
lotmulaB = 0.01;
lotmulaS = 0.01;
lotmulamax = 1.00;
lotplus = 0.01;
lotExp = 1.667;
StopLossSell = 0;
StopLossBuy = 0;
(will add explanation later)
hi, thnaks for sharing.
but theses files are ex.4? it's not working
best to use on EU. avoid jpy pairs.
thx for sharing
eqttgt = set value of equity when you want ea to close all trades. i normally set it to about 5 or 10 percent of original balance. if initial balance is 1k, eqttgt set to 1050 or 1100.
best to run only 1 pair at a time.
Thank you very much for sharing your EA! Are you using the standard settings or did you make changes in it?
"to use with 5 decimals, you need to add another zero to most input"
Which inputs, exactly? The descriptions of many inputs are cryptic at best so their functions are not obvious.
Rather than leaving people to experiment blindly, why not just upload a set file for 5-digit brokers?
I'm sure that the system has promise and would love to see how it operates in the strategy tester, but it doesn't place any trades and doesn't report any problems either, so I have no clue which values need adjusting.
Just tried the 5-digit version in the Strategy Tester but no trades were placed - even after 3 months of testing
Does the EA require a specific chart time frame? No errors/warnings show in the Journal tab so I have no clue what might be wrong.
if your account balance is more or equal to 100k, the ea won't work anymore, because the eqttgt default is set at 100k, at this value, ea will not trade.
I did a backtest using 99.9% tick data and WOW, great results! The test was done from Nov 2018 until a couple days ago. Amazing profit while keeping DD in check. There were a bunch of open positions at the end of the test period that were of course closed which explains the equity drop at the end. Would love to know more about the inputs - perhaps some tweaks can be made, however right out of the box it looks quite impressive. The bot seems to use a lot of resources as the tests are slow, so any serious optimization would take much time. Anyway, looks to me like you are on to something here!
1. try to do 1 way, means buy only or short only
2. 10 buys & 1 sell
3. 10sells & 1 buy.
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