Prosperour V6.8.01 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: Prosperour V6.8.01
Exit Attachments

Prosperour V6.8.01

  • #1
  • First Post: Aug 15, 2017 4:03pm Aug 15, 2017 4:03pm
I have developed an expert advisor using Trade manager code. I have developed my own algo for Entry and exit criteria. I am posting on this forum for educational purposes.
Attached File(s)
File Type: zip PROSPEROUR V6.8.01 For Forex Factory.zip   290 KB | 1,272 downloads
  • #2
  • Aug 15, 2017 11:59pm Aug 15, 2017 11:59pm
Quoting muhammad2208
I have developed an expert advisor using Trade manager code. I have developed my own algo for Entry and exit criteria. I am posting on this forum for educational purposes. {file}
Be so nice and tell the hardcore coders like I am how the strategy worx....
Greetings R
Vucking good EA coder... https://t.ly/AZjRM
  • #3
  • Aug 16, 2017 1:03am Aug 16, 2017 1:03am
I am in office right now, will explain the algo later.
  • #4
  • Aug 16, 2017 2:43am Aug 16, 2017 2:43am
Please, can you also give the set file you use for the backtest.

Because there's lots of settings.

Thanks !
  • #5
  • Aug 16, 2017 6:16am Aug 16, 2017 6:16am
I used default settings
  • #6
  • Aug 16, 2017 11:57pm Aug 16, 2017 11:57pm
Hallo Muhammad

While backtesting in visual mode, I've noticed that the trailing stop in not working correctly. When the ea is pushing it closer to the price, the stop is jumping up and down (sometimes) instead of staying at the new level.
Have you coded any limitations (expiration time or only demo) in the expert ?

Thank you
  • #7
  • Edited 2:08am Aug 17, 2017 1:58am | Edited 2:08am
Hello,

I open a FBS account, but i'm not able to reproduce your backtest results.

I don't have so much losses, but they are much larger than yours.

Can you please save your settings, and provide here the set file.


Thanks for the support !
  • #8
  • Aug 17, 2017 3:22am Aug 17, 2017 3:22am
Quoting hbud
Hallo Muhammad While backtesting in visual mode, I've noticed that the trailing stop in not working correctly. When the ea is pushing it closer to the price, the stop is jumping up and down (sometimes) instead of staying at the new level. Have you coded any limitations (expiration time or only demo) in the expert ? Thank you

Please use this version, as In previous version I turned on ATRTRAIL and Jumping stop loss same time. Now this version is more improved and the trade selection criteria is more refined.
Attached File(s)
File Type: zip Prosperour V6.8.01 With NF and low risk.ex4.zip   260 KB | 866 downloads
  • #9
  • Aug 17, 2017 3:24am Aug 17, 2017 3:24am
I am researching on developing a more accurate and improved exit strategy for this EA, Any suggestions ?
  • #10
  • Aug 17, 2017 5:06am Aug 17, 2017 5:06am
this ea is interesting and pretty profitable, but closed minuses are really huge.
  • #11
  • Aug 17, 2017 5:53am Aug 17, 2017 5:53am
Quoting muhammad2208
{quote} Please use this version, as In previous version I turned on ATRTRAIL and Jumping stop loss same time. Now this version is more improved and the trade selection criteria is more refined. {file}

pls upload your FFCal.ex4 indicator. Thanks
  • #12
  • Aug 17, 2017 11:29am Aug 17, 2017 11:29am
FFCAL indicator attached
Attached File(s)
File Type: zip FFCal.zip   13 KB | 602 downloads
  • #13
  • Aug 17, 2017 9:15pm Aug 17, 2017 9:15pm
which tp used for this ea?
  • #14
  • Aug 17, 2017 11:18pm Aug 17, 2017 11:18pm
Quoting razaali
which tp used for this ea?
What do you mean by TP, is it Take Profit ? , then its by default 25 pips, but EA will use Trailing stop (Jumping stop loss) of Mulitpurpose trade manager.
  • #15
  • Aug 17, 2017 11:58pm Aug 17, 2017 11:58pm
Quoting muhammad2208
I am researching on developing a more accurate and improved exit strategy for this EA, Any suggestions ?
Hi muhammad
Your EA is interesting but we don't know the rules.
If you want suggestions, could you post a pdf to explain your entry and exit rules ?
What TF ?
Regards.
  • #16
  • Aug 18, 2017 12:12am Aug 18, 2017 12:12am
Quoting madscalp
{quote} Hi muhammad Your EA is interesting but we don't know the rules. If you want suggestions, could you post a pdf to explain your entry and exit rules ? What TF ? Regards.
My code is still under development. I have not made any PDF up till now. Regarding entry and exit strategy its a combination of different indicators like relative strength indicator (RSI) , ADX, Momentum indicator, cross over of simple moving average period 8 and simple moving average period 18. Salient features of my entry strategy are that in my code I use to give weighted average to the readings of these indicators as per their performance in the historical and present data. so its dynamic as every time the weighed average (rating of indicators performance) keeps on changing and when ever the set up reaches above 80% predictable pattern my EA enters the market. Regarding exit strategy I am still working on. Right now it uses Multi purpose trade manager code uses jumping stop loss trailing strategy to get to maximum profits and otherwise hit the static set stop loss of 125 pips. I want a good exit strategy for which I need suggestions.
  • #17
  • Edited 1:56am Aug 18, 2017 1:39am | Edited 1:56am
Quoting muhammad2208
{quote} My code is still under development. I have not made any PDF up till now. Regarding entry and exit strategy its a combination of different indicators like relative strength indicator (RSI) , ADX, Momentum indicator, cross over of simple moving average period 8 and simple moving average period 18. Salient features of my entry strategy are that in my code I use to give weighted average to the readings of these indicators as per their performance in the historical and present data. so its dynamic as every time the weighed average (rating of...
Ok it's clearer. I'm going to follow your work.
What TF do you suggest ?
  • #18
  • Aug 18, 2017 2:15am Aug 18, 2017 2:15am
Quoting madscalp
{quote} Ok it's clearer. I'm going to follow your work. What TF do you suggest ?
EURUSD 15M TF
  • #19
  • Aug 18, 2017 2:42am Aug 18, 2017 2:42am
6 Profitable trades in last three days.
Attached Image (click to enlarge)
Click to Enlarge Name: Print Screen.png Size: 244 KB
  • #20
  • Aug 18, 2017 4:20am Aug 18, 2017 4:20am
Hello,

It's very good work, but you should not try to avoid losses.

Losses are part of our work, and it's absolutely normal, manage our losses is the most important part of our work.
0 traders viewing now