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New Martingale EA (logic like Mathtrader EA)

  • #1,261
  • Jan 6, 2018 1:12pm Jan 6, 2018 1:12pm
Quoting Irfan1983
{quote} what are your settings to check basket TP condition? I added 1 in basket TP but in back test it did not close my both buy and sell entries simultaneously. Further you have mentioned abandoned option. Did you your self abandon the sell trade from settings? or EA itself abandoned by confirming trend if yes then share me the settings for this auto abandoned method.
@Irfan

I used a very small basket TP, but similarly to your findings, the EA did not close both buy and sell side trades ("big basket") simultaneously.

The EA has abandoned the above displayed sell trade in a backtest, so I don't understand the question about "self abandoning" it myself.

In its current form I cannot test the EA with any hopeful results, so I have stopped testing it and so I have not saved the settings.
  • #1,262
  • Jan 6, 2018 2:27pm Jan 6, 2018 2:27pm
Quoting RoboSeer
{quote} @Irfan I used a very small basket TP, but similarly to your findings, the EA did not close both buy and sell side trades ("big basket") simultaneously. The EA has abandoned the above displayed sell trade in a backtest, so I don't understand the question about "self abandoning" it myself. In its current form I cannot test the EA with any hopeful results, so I have stopped testing it and so I have not saved the settings.
Hi,
depending on the config of the EA, the EA can result in "abandoned" trades and closes them, when the trend changes. if you show me some data, i can have a look.

Cheers
  • #1,263
  • Jan 6, 2018 2:29pm Jan 6, 2018 2:29pm
Quoting Irfan1983
{quote} I request you to share us the theory behind newly added features like BE= 0 and basket TP = 0. Regards
Hi,
BasketTP checks the whole account and closes when TP is reached.

BeProfit sets the SL to BE if BEProfit is reached.

Cheers
  • #1,264
  • Jan 8, 2018 3:05am Jan 8, 2018 3:05am
EURUSD,
It came out of a strong trend, well
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  • #1,265
  • Jan 8, 2018 3:35am Jan 8, 2018 3:35am
Quoting fibo38
EURUSD, It came out of a strong trend, well {image}
Wow.

8 trades, not a few. How was the DD?
  • #1,266
  • Jan 8, 2018 3:46am Jan 8, 2018 3:46am
Quoting Babaji
{quote} Wow. 8 trades, not a few. How was the DD?
500usd
  • #1,267
  • Jan 8, 2018 8:33am Jan 8, 2018 8:33am
Quoting RoboSeer
{quote} @Irfan I used a very small basket TP, but similarly to your findings, the EA did not close both buy and sell side trades ("big basket") simultaneously. The EA has abandoned the above displayed sell trade in a backtest, so I don't understand the question about "self abandoning" it myself. In its current form I cannot test the EA with any hopeful results, so I have stopped testing it and so I have not saved the settings.
Ok you may have got abandon trade due to basket take profit option but you can stop selling or buying from the given option as well.
Attached Image
  • #1,268
  • Jan 8, 2018 9:15am Jan 8, 2018 9:15am
Quoting edge0xc
{quote} Hi, BasketTP checks the whole account and closes when TP is reached. BeProfit sets the SL to BE if BEProfit is reached. Cheers
It did not close any thing due to strong trends of GPYJPY and AUDUSD and AUDJPY and got 3 times stop losses on my live account in the month of December got profit of $10000 cents and lost $15000 cents over all loss $5000 cents. I didn't used basket TP and allowed buy and sell option simultaneously. If there is another option for observing the trend by the EA then let me know Edge.

Here is the result of my first month live trading after 2 and half months of demo trading which was profitable as I have already shared with you guys up till now difference in profit is due to high spread of cents account as compare to low spread on demo of ECN broker and big moves while banks were busy in closing their accounts. The EA will be more profitable if it works in direction of trend and use martingale theory for trading on entrancement of trend and taking profit on above the flags of trend.
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  • #1,269
  • Jan 9, 2018 4:36am Jan 9, 2018 4:36am
AUDUSD STRONG, nice again closes
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  • #1,270
  • Jan 10, 2018 7:25am Jan 10, 2018 7:25am
May I ask, does this EA on BT and FT having another performance. My GU did work well since begin of week. I have also seen very nice BT results on November -December period, but in last week of December strong trending upside wasn't good. Also BT on July and August did not show the very best outcome. But when I look to November-December and check my 3 days of FT it is very good. Thats why I am confused and have a blindly thinking of that BT results are far away different from the FT maybe. Sorry for the silly question here but it would help me to analyze the current situation if I can understand FT and BT effect on the EA
Thanks
" Accepting losses is the most important single investment devise "
  • #1,271
  • Jan 23, 2018 11:12am Jan 23, 2018 11:12am
Hi guys, how is the EA doing?
  • #1,272
  • Jan 23, 2018 1:25pm Jan 23, 2018 1:25pm
Quoting Strom
EURUSD - H1 from 01.01.2016. In my test TP is in PLN, in EUR or USD = 12. I think that BB is a best way. {image} {image}
have you test it on 90% data?
  • #1,273
  • Jan 25, 2018 12:23pm Jan 25, 2018 12:23pm
Hi,

i just updated the thread with a version valid till 1.3.18

Because a lot of people have asked, i decided to make a new step. for people, who are interested and willing to pay an amount of money, i can provide them with an unlimted version of the EA.

nevertheless, i will keep updating the thread with timelimited version, as i promised to do that.

because of this, please move me to the commercial section of the forum.

Regards
  • #1,274
  • Feb 8, 2018 12:24pm Feb 8, 2018 12:24pm
Quoting Irfan1983
Hi edge0xc thanks for sharing! Weed out bad performing currency pair EUR/JPY stop loss hit 5 times and only $400 profit in backtests of 2 years. So the currency pair is out of list of 28 pairs. Refer to my post No. 1192 page 60 i) Updated settings for my favorite GBP/JPY and GBP/AUD Stoploss $500 and grid from 250 to 300 backtests will shown you only one time hitting of stop loss for last 2 years and profit on each pair would be near about $3800. Fairly out of brexit type situation. ii) Stoploss for rest of 27 pairs would be $500 instead of $550...
HI Irfan im new here, but have been reading the thread for a long time and demo the ea, i tested your idea as i thought it sound a great idea, but i did get stopped out today on , 5 gbp pair because of then gbp news, How are you doing with it ? one question or suggestion -do you use the news filter? as i feel that if i had used this today it may of saved me, what do you think? cheers
  • #1,275
  • Feb 8, 2018 12:30pm Feb 8, 2018 12:30pm
Hi Edge Thanks for letting us test a great EA, im sorry if its been posted before but could you or someone explain the news filter settings please?
does number one mean only red news? if so what does 2 mean ?
does the Ea close all trades weather in profit or loss instantly ? or does it just try and finish its last trade in profit and doesnt open anymore?
if this is true, do we need to set the filter so that it gives it maybe 3 hours before news to close all trades in profit? does anyone have any good ideas or settings for the news filter ? many Thanks.
  • #1,276
  • Feb 14, 2018 10:38am Feb 14, 2018 10:38am
STRONG TREND IN USDCAD, good final.
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  • #1,277
  • Feb 14, 2018 10:44am Feb 14, 2018 10:44am
Quoting fibo38
STRONG TREND IN USDCAD, good final. {image}
Hello, How are you?
what setting are you using, bollinger ?
  • #1,278
  • Feb 14, 2018 10:59am Feb 14, 2018 10:59am
Quoting ordosgoitia
{quote} Hello, How are you? what setting are you using, bollinger ?
Good thanks,
Yes BB
  • #1,279
  • Feb 14, 2018 11:00am Feb 14, 2018 11:00am
I am create a trade explorer, 10 pairs.
https://www.forexfactory.com/fibo38#acct.15
  • #1,280
  • Feb 14, 2018 1:25pm Feb 14, 2018 1:25pm
Quoting fibo38
{quote} Good thanks, Yes BB
What time frame you use. You use default settings?
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