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Rekon-X Auto Bots Expert Advisors for Forex Trading

  • #41
  • Aug 23, 2017 10:06am Aug 23, 2017 10:06am
6. Trading Time Synchronisation:

The time parameters which I am going to supply will be based on my broker time. It is GMT+2:30 or more/less. So you need to carefully check with your broker platform time. How much it is +/- from GMT. Trading time needs adjustment likewise.

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  • #42
  • Aug 23, 2017 3:04pm Aug 23, 2017 3:04pm
Here is a sample illustration from EURCAD. I-A is showing the tradable points from Time series Analysis and I-B is showing the latest day trading. How much is the accuracy %?

I-A
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I-B
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  • #43
  • Aug 23, 2017 4:07pm Aug 23, 2017 4:07pm
This is the Thursday Trading chart, it is occupying the EA for 14 hours! In case it is less than 8 hour, we need to check for other currency pairs for trade opportunity.

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  • #44
  • Aug 23, 2017 4:19pm Aug 23, 2017 4:19pm
Here is the latest test result on UJ on USD 100 account, it is good result because I am using a very conservative approach.

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  • #45
  • Aug 23, 2017 4:23pm Aug 23, 2017 4:23pm
This result is surely going to improve, if you see most of the losses came from Monday and tuesday, I have not updated the data for Mon to Wed, if I refresh the time series analysis it will do great!
  • #46
  • Aug 24, 2017 9:25am Aug 24, 2017 9:25am
FF does not have the trade explorer capability for MT5, therefore, I am providing the myfxbook link for Rekon-X. Please view.

http://www.myfxbook.com/members/RekonX
  • #47
  • Aug 24, 2017 10:01am Aug 24, 2017 10:01am
Today I am going to post the EA here, I am only giving it away for EURUSD!
  • #48
  • Aug 24, 2017 10:03am Aug 24, 2017 10:03am
Let's check the Strategy Tester Result, it is pretty impressive!

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  • #49
  • Aug 24, 2017 10:05am Aug 24, 2017 10:05am
Trading Chart for EU: Please note down this carefully, all trades are done at GMT+2:30

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  • #50
  • Aug 24, 2017 10:09am Aug 24, 2017 10:09am
EUR USD BOT - Input Parameters: Try to have the same settings, this is optimized for conservative trading. It can earn 2% profit on equity everyday. In case you are getting good result by tweaking them then please feel free to post here.

Also, depends upon your broker, you may need to update the lot etc. Post here for any trouble.

All inputs are self-explanatory, ask here for any clarification.

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  • #51
  • Aug 24, 2017 10:18am Aug 24, 2017 10:18am
Please feel free to download the RekonX-EURUSD trading autobot public release v 1.00.

Here are the things you need to do to set this up and running.

A. Meta Trader 5
B. MQL5 Folder -> Experts -> Place the BOT (.Ex5)
C. MQL5 Folder -> Files -> Place trading instructions files - EU_RekonX-Buy_1, EU_RekonX-Sell_1
D. MQL5 Folder -> include -> Trade -> Replace the files

Hope this works! Forum is now Open for your discussions!
Attached File(s)
File Type: zip RekonX-EURUSD-AutoBot.zip   141 KB | 1,053 downloads
  • #52
  • Aug 24, 2017 10:26am Aug 24, 2017 10:26am
One note to All, just want to clear the idea which this EA follows and if you try a long history for back-testing it may not give you good result.

Why so, Because this EA needs the trading times refreshed every week, as I said earlier the market is dynamic and profitable trading time shifts time to time. So, follow the current trend and set the EA times accordingly it can do magic!

I hope you now understand why back testing with past 10 years data is irrelevant!
  • #53
  • Aug 24, 2017 10:55am Aug 24, 2017 10:55am
Quoting rekon67
Please feel free to download the RekonX-EURUSD trading autobot public release v 1.00. Here are the things you need to do to set this up and running. A. Meta Trader 5 B. MQL5 Folder -> Experts -> Place the BOT (.Ex5) C. MQL5 Folder -> Files -> Place trading instructions files - EU_RekonX-Buy_1, EU_RekonX-Sell_1 D. MQL5 Folder -> include -> Trade -> Replace the files Hope this works! Forum is now Open for your discussions! {file}
Hi,
No MT4...

You'd really get a lot more feedback on your thread with its support!

Thanks
  • #54
  • Aug 24, 2017 11:14am Aug 24, 2017 11:14am
Quoting tillionaire
{quote} Hi, No MT4... You'd really get a lot more feedback on your thread with its support! Thanks
True, it will take some time, may be in next 2 weeks i will release MT4 version as well. Feel free to try this on mt5 demo for now.
  • #55
  • Aug 24, 2017 11:22am Aug 24, 2017 11:22am
Buy/Sell Log File

Let me explain this, in these files you get 3 additional parameters,

A. Time: When to trade, you can use HH:MM format, so you can update EU buy at 16:00 hrs to EU buy at 16:15 hrs. For example, if you further drill down to a Hourly Candle and you want to execute, 5, 15, 30 minutes trade insted, you can update the time in this file.

B. Trade Signal: Buy or Sell. Keep them same

C. Trade Day: It is "4" for Thursday trading, So you can have trade day 1 to 5, 1 is monday, 5 is friday.

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  • #56
  • Aug 24, 2017 11:28am Aug 24, 2017 11:28am
News Hours Trading

You now have this EA, train it to trade at News hours. Just set the time, TP, SL etc, it is flexible enough to give you all those options which you always wanted for an EA to handle!
  • #57
  • Aug 24, 2017 11:46am Aug 24, 2017 11:46am
Quoting rekon67
{quote} True, it will take some time, may be in next 2 weeks i will release MT4 version as well. Feel free to try this on mt5 demo for now.
MT4 version may come early, I am planning to participate in FxPro 2017 Trading Challange. FxPro is only giving MT4 for this challange. The contest is starting on 1st of September 2017.

I hope by that time Rekon-X for mt4 will be ready!
  • #58
  • Aug 24, 2017 7:53pm Aug 24, 2017 7:53pm
EURUSD Friday Trading Chart: Those who have downloaded, check the broker time for trade execution,

Today, the EA shows only 2 trades for EU.

Buy at 11:00 HRS broker time - 7 hrs 10 minutes from now, 1 PM IST time
Sell at 16:00 HRS broker time - 12 hrs 10 minutes from now, 5 PM IST time

To match the trading time you can adjust the time as above or simply upload your broker terminal file for my review, you can give few sample entries as well.

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  • #59
  • Aug 24, 2017 8:01pm Aug 24, 2017 8:01pm
Today the EA is going to trade for 12 hours!

Due to conservative mode it will trade less, if you notice hours like 8,10 are having overlap of trade executions by multiple currency pairs. In those case EA continous firing of trades and based on maximum trade positions defined on EA it considers the last executed trades so trades which executed at the hour open time likely to get deleted by the EA.

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  • #60
  • Aug 25, 2017 2:53am Aug 25, 2017 2:53am
Those who have already downloaded and deployed the EA, it is trading time for the EA, in next 15 minutes it is going to execute trade for EU.
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