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Simple H1 GBPUSD EA

Quoting h1307
{quote} I know MQL5 (MT5 programing), I know python etc, but I have no idea of strategies...or I have but no one works as i wish So if anyone has an (programable) idea or rather verified idea , let me know
Hi h1307.
Can you rewrite, let's say OverNight v9 EA in MQL5 and share with us mq5 file?
Just thinking!

Mac.
Hi.
As I previously mention, on this tread we have four working EA’s and all required extensive optimization to be reasonably effective and profitable.
Optimization process on MT4 platform however, appears to me quite tricky. Very similar effectiveness comes from testing process. I personally found both of them in term of results unclear and far from reality.
The parameters they return hard to interpret or useless.
Therefore, I build-in to any Ea’s I’m going to test or optimize, my own parameters which are in my believes more helpful.
So;
1/ "spreadCount;"

void OnTick()
{//1
//+------------------
spread=MarketInfo(Symbol(),MODE_SPREAD);
if(spread!=0)
{//2
if(spreadCount < spread)
{//3
spreadCount = spread;
}
else
{//3
spreadCount=spreadCount;
}
}

You will be very surprise to find that huge spread increases which effectively whip out you “stoplosses”.


Mac.
2/ "maxDrawDown;"


if(iTotalOrders != 0)
{//2
double profitLoss;
profitLoss = AccountBalance()-AccountEquity();

if(profitLoss > maxDrawDown)
{//3
maxDrawDown = profitLoss;
}
else {maxDrawDown = maxDrawDown;}
This will help you in simple way to asses level of you capital designated to the EA one pair of currency.

Mac
3/ EA_valid;

EA_valid =" Yes ";

if(TimeYear(TimeCurrent()) <= EndYear)
{//2
if(TimeMonth(TimeCurrent()) <= EndMonth )
{//3
if(TimeDay(TimeCurrent()) <= EndDay)
{//4
IsEA_valid=true;
}
else
{//4
EA_valid=" NO_EndDay ";
IsEA_valid=false;
}
}
else
{//3
EA_valid=" NO_EndMonth ";
IsEA_valid=false;
}
}
else
{//2
EA_valid=" NO_EndYear ";
IsEA_valid=false;
}
It will help you to set period of EA opening orders time in relation to testing/optimizing period time.
So, when EA open position, this position may not be closed before the end of the testing/optimizing period of time. There can be few days, weeks or even months needed to close that position.

Mac.
4/ “Update;” EA code update informations.

#property copyright "Mac"
//----
extern string Broker_acc = " acc: ";
extern string UpDate = "UpDate: 20.02.2023. 8:40";
extern int iMagicN = 0;
extern int EndYear = 2023;
extern int EndMonth = 12;
extern int EndDay = 31;

Whenever you “Compile” any changes you need to make code update!!!

Mac.
To those trades still interesting to learn MQ4 coding, please enjoy.
Attached File(s)
File Type: pdf Andrew Young - Expert Advisor Programming Creating Automated Trading Systems in MQL for MetaTrader.p   1.3 MB | 46 downloads

Or even more.
https://www.traders-library.com/Free%20Download/

Good luck.
Mac.
Quoting MacMG
{quote} Hi h1307. Can you rewrite, let's say OverNight v9 EA in MQL5 and share with us mq5 file? Just thinking! Mac.
Hi MacMg, I tried to backtest OverNight on last years but it seems that it doesn't work anymore so I think there's no point in rewriting it into mql5.
Quoting h1307
{quote} Hi MacMg, I tried to backtest OverNight on last years but it seems that it doesn't work anymore so I think there's no point in rewriting it into mql5.
You need to use _2023 version.
OverNight_EAv9a_2023 post#9879 or 9884.
SimpleH1_GBPUSD_EAv9_2023 post#9885.
camvcvooV5_2023 post#9911,
or Tokyo_GBPUSD_v17a post#1.


Mac.
Quoting MacMG
{quote} You need to use _2023 version. OverNight_EAv9a_2023 post#9879 or 9884. SimpleH1_GBPUSD_EAv9_2023 post#9885. camvcvooV5_2023 post#9911, or Tokyo_GBPUSD_v17a post#1. Mac.
I tried the 2023 on GBPUSD , last year,IC MAarkets - M1 - H1. But bo significant profit
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
Quoting h1307
{quote} I tried the 2023 on GBPUSD , last year,IC MAarkets - M1 - H1. But bo significant profit {image}
Thanks for sharing test result.
Was this test for OverNight..EA?
What was your setting?
Any optimization parameters?
M15 or H1 is best timeframe.

Mac.
Quoting h1307
{quote} I tried the 2023 on GBPUSD , last year,IC MAarkets - M1 - H1. But bo significant profit {image}
Well, what is significant profit for you?
Significant lot size make usually the rest.
Mac.
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