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V-WprTMAScalper

  • V-WprTMA-Conservative | Demo Account XXXXXX23
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  • Post #1
  • Quote
  • First Post: Edited Jul 29, 2020 1:28am Sep 25, 2019 8:29pm | Edited Jul 29, 2020 1:28am
To monitor the updates and to do the request for the EA, I will start this thread.

The updates and changes of the ea will be posted here.

To respect the one who started this strategy you check his thread right here: anthon_25

I made this ea using my own build and added some twist and fillings.

Additions:

- Tma Filter
- News Filter
- Time Filter
- Draw Down limiter
- Max Lot limiter
- Martingale Strategy - ON/OFF
- Set SL if Martingale is OFF
- Close all trades on friday filter
- Sleeps when reached Maximum draw down then trades on the next day.

Fixes:

- Fixed the distance between trades.
- Fixed info panel.
- Fixed errors during compilation.
- Fixed the lot sizing calculations.
- Fixed double entry trades
- Fixed algorithm
- Added emergency draw down control during the news.

Status: Full version is officially RELEASED.

IMPORTANT

NOTE: RIGHT CLICK AND COPY LINK

- To enable news filter add this: " http://ec.forexprostools.com/?column...Zone=15&lang=1 ".

Go to MetaTrade 4 > Options > Expert Adviser Tab > Check Allow Web Request > then add the link above. > Click OK.


Preferred Settings

Timeframe: 1 minute

Preferred Broker: ECN - Low spread + Low commission.

Pair: XAUUSD

Magic Number: User based (Please assign unique number per pairs.)

TradingStyle: Conservative

Allow Martingale: On (If martingale is off, you can set your own stoploss on the expert adviser settings.)

Enable Max Draw down filter: Off

Max Draw down: -5.0 (used when Enabled Max Draw down also this is used during emergency exit on high impact news to protect your account.)

Slippage: 2

Order Steps:
- 150(Please do not go lower than 100 when trading Pairs like Gold, Indices, CFD, Futures etc.)
- 10 (You can set this order steps when trading FX Major Pairs and FX Minors Pairs.)
- 1000(For Crypto the order steps is higher compared to other pairs.)

Profit Lock: 0.90 (0.90 = 90% of the total profits this can be considered as take profit.)

Starting lots: 0.01 (Lots used when making first trades.)

Additional lots: 0.01 (Lots used when making additional trades when martingale is on.)

Enable Max lot: Off

Set Max lot: 0.50(will only be used when Enable Max lot is on)

Time Management Settings are n by default.

Enable News: On (ALWAYS MAKE SURE THIS IS ON. PLEASE EDIT THE SUB OPTIONS LIKE LOW OR MEDIUM NEWS)
News Provider: Investing.com
Low Impact and Medium Impact News are Off by default.
High Impact News: On
Minutes Before: 15
Minutes After: 15
NFP News: On
Minutes Before: 180
Minutes After: 180

Indicator Settings are set by default. (If you want to experiment feel free.)


PM ME FOR MORE INFO

GET A FREE TRIAL WHEN YOU TRADE ON THIS BROKER: ICMARKETS.

WANT TO BUY THE EA? EMAIL ME: [email protected]

PEACE
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Quoting vianiah
To monitor the updates and to do the request for the EA, I will start this thread. Forward Testing: http://www.myfxbook.com/members/pier...ed-200/3537830 The updates and changes of the ea will be posted here. To respect the one who started this strategy you check his thread right here: anthon_25 I made this ea using my own build and added some twist and fillings. Additions: - Tma Filter - News Filter - Time Filter - Draw Down limiter - Max Lot...
Done! Let see now.....
Stay green!!!
I will be updating the expiration next week, let's add an autoclose function, example there are still orders opened and ongoing news, just in case we reached a certain negative draw down we will automatically close that orders to avoid larger draw downs then wait a certain minutes to trade again, this is my observation based on what happen earlier.



Best Regards
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Quoting vianiah
I will be updating the expiration next week, let's add an autoclose function, example there are still orders opened and ongoing news, just in case we reached a certain negative draw down we will automatically close that orders to avoid larger draw downs then wait a certain minutes to trade again, this is my observation based on what happen earlier. Best Regards
So currently orders close when reach the set profit or maximum DD correct?
Stay green!!!
Quoting Froggy
{quote} So currently orders close when reach the set profit or maximum DD correct?
if its causing negative draw down then it will autoclose all the trades, if its making profits then we will let it run for more profits.
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Quoting vianiah
{quote} if its causing negative draw down then it will autoclose all the trades, if its making profits then we will let it run for more profits.
do you sleep at all, thanks anyway and I will have to update my mt4 to reflect the new reality
  • Post #7
  • Quote
  • Edited 2:21am Sep 26, 2019 1:47am | Edited 2:21am
Good job vianiah, you are really taking good care of this ea, looks better every update. Thank you.
Anything above the line is an uptrend, below the line is a downtrend.
Quoting vianiah
I will be updating the expiration next week, let's add an autoclose function, example there are still orders opened and ongoing news, just in case we reached a certain negative draw down we will automatically close that orders to avoid larger draw downs then wait a certain minutes to trade again, this is my observation based on what happen earlier. Best Regards
This could be a great idea to incorporate in the EA! Great works Vianiah! Will be waiting for the next release..........All the good wishes to you!
Morning Vianiah
I dont quit understand. Does this EA replace your earlier one called "wprbasedmartin-2"?
Quoting Ican2020
{quote} do you sleep at all, thanks anyway and I will have to update my mt4 to reflect the new reality
good question! yes.
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Quoting kofix11
Morning Vianiah I dont quit understand. Does this EA replace your earlier one called "wprbasedmartin-2"?
I change the name so we can officially start a new thread, so far a lot of changes has been made, but the base of this ea is from anthon idea..
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Hi vianiah

Can you share the settings of your choice for the EA?

Thanks in advance
Hi Vianiah currently testing on gold 5min chart and GBP/USD 1min do you have any preference on TF I assume if lot size is changed the TP is changed by a similar factor ?
Results since yesterday
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Quoting Ibar51
Hi Vianiah currently testing on gold 5min chart and GBP/USD 1min do you have any preference on TF I assume if lot size is changed the TP is changed by a similar factor ?
I do prefer 1 minute, for scalping purpose. Also in this way, I can find easily what's lacking on entry/exit of the ea. So I edit them right away.
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Quoting RochaTheRock
Hi vianiah Can you share the settings of your choice for the EA? Thanks in advance
I will be posting them soon.
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Literally follow the trend they said.
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Eeh?
PRO_OBVS EA All Time Return: 63.4%
hi Van, do i need to change my timezone in your EA or i just leave it the way it is??
Quoting iWiRED
hi Van, do i need to change my timezone in your EA or i just leave it the way it is??
if your using icmarkets you don't have to, but if not yes, set it according to your broker.
Eeh?
PRO_OBVS EA All Time Return: 63.4%
Closed trades since 26.9 at around 9AM GMT
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Profit should be just around 60€ beacause I had to close trades from old EA to load the new version.
And this are open trades.
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I loaded a few random pairs to see how it goes, not sure ea knows to trade them, but on XAUUSD it's a whole other story.
Anything above the line is an uptrend, below the line is a downtrend.
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