Help Needed to Debug Existing EA with proven strategy

FOREX RM Version 2.3 (PRO)
Download Link :

Attached File(s)

Forex-RM-V2-3b.ex4   68 KB | 585 downloads

1) [Add] Restart One Cycle Only the following day after trade was close (Hybrid Mode Only)

Thank you everyone for your work on these. I have been doing backtesting and optimizations. I have posted my settings that I find are working very well.

I guess with the once cycle I can't backtest longer durations?

I think I figured it out...once it hits Universal TP $ amount it just stops...

Many many thanks Tictac. A real life-saver and now we can do some serious work in much faster time.

Thank you Tictac-nur ! your work is very much appreciated.

back to testing it is.

Tictac-nur

Is it possible to add the new restart function for the single cycle non Hybrid as well. That way we can compare single cycle to constant.
Thank you.

Can someone post some set files? I am not able to get much success with this newer version, maybe im just confused how it operates.

I have however getting some good results with the old 1.6 version.

FOREX RM VERSION 2.4 (Pro)
Download Link:

Attached File(s)

Forex-RM-V2-4.ex4   70 KB | 1,020 downloads

Change Log
1) [Add Support] Restart One Cycle For Non Hybrid Mode

Example of setting:
* BUY = true (Continous Buy)
* Buy = true + One_Cycle_Only=true (After profit target done.. no new order)
* Buy = true + One_Cycle_only=true + Restart_One_Cycle_Next_Day=true (After profit target done.. new order with one cycle mode on the following day)

Here set file i test for EurUsd with Initial deposit of 100000 for Forex RM V2.4
Download Link :

if you want to use lower deposit scale down the lot size
exp:
deposit of 10000 = lot size 0.1
deposit of 1000 = lot size of 0.01

EurUsd backtest jan 2017 until today..

Thanks alot! I guess we just need to add the stoch filter then if all the bugs are out.

Attached is a screenshot showing the older version 1.6 that uses the stoch indicator. GBPJPY pair on H1 with 0.02 sub lot and $20 TP, this is 2017 to 2018 year test.

Hope we can really turn this into something awesome! Thanks

Another set file for Forex RM 2.4
Download Link:

This time i show the setting with special risk calculation setting..
Risking only 1% for each entry..
Lot size will auto scale up/down base on latest account money..

EurUsd backtest from jan 2017 until today

Hi Philip,

Attached herewith the back test result on EA RM Pro v1.6. Sorry to take that long as i was initially tested on m5 chart, wasn't aware your last advise to apply on higher timeframe. The test period was between 31/May to 31/Dec which I think is good enough giving the fact it survived on the 08/Jun for brexit votes. Infact my settings on seller pro was accidentally left as default with 3 lot size and yet can still survive the entire test period.
I must admit the result is quite overwhelming that I quite tempting to use it on a live account.

But before I do so I need to move forward on testing the latest version of tictacnur as well which has more features. Hopefully both of these EA can be collaborated in the coming future and that could be perfect.

Thank you Tictac-nur again for the addition.

im away for a few days so will post some results when I return. Will keep up with thread but wont be posting until end of week. Good luck guys n girls.

Hello,

First, thanks a lot for the great job here !!!


Question:

Is the tool "Forex-RM-V2-4" compatible with DAX (GER30)?

Hi guys,

So busy, only free now to write.

Went through all the 23 pairs this morning and selected 12 pairs to trade - turned them on one cycle mode and left to work. When I returned just now, very disappointed to discovered that my two year old son had messed around with my computer and had turned off the main switch - so, no trades were executed.

I spent almost two hours this morning back testing the v2.2 EA on the data for 2017 for gbpjpy pair (in hybrid mode) and finally had a positive result. Here are the screen shots of the graph, settings & detailed results:

So, the good news is - the fundamental logic behind this EA (buyer and seller trading concurrently) works in reality - so, its just a matter of brainstorming now to come up with ideas on how to improve on it - will share my idea below. Let me draw some conclusions and share some observations here first.

Conclusions & Observations:

1. It works but not suitable for everyone - as it stands now, only those with the most patience would trade that way - if you are happy with 30% to 50% return in a whole year, then this strategy is PERFECT for you as it is VERY SAFE - just look at the very low drawdown and that beautiful equity line - it barely moved away from the straight line up which means absolutely no chance of a margin call. Trading one pair resulted in almost 10% return in a year - you could easily trade 5 pairs with $5,000 trading in 0.01 lots which should give you 30% to 50% return in a year. As I write now, I am backtesting on the same 2017 data with $10 TP instead of $5 - will report once the test is completed in about an hour's time. Hopefully better return with TP$10 instead of $5.

2. Looking at the on going back-test, I counted the longest cycle with 120 orders opened - but nothing much to worry about in reality as the opened positions basically hedged each other out so drawdown would be low and no chance of a margin call. The longest cycle took almost one full month to close - so one needs to be very patient trading this way - one must have complete trust in the EA's ability to turn things round and close the cycle in profit.

3. I personally think that if you want to trade this fully automated, the only viable way is to trade in hybrid mode - as it is very safe - we just need to tweak the settings and come up with ideas to increase its profitability. May I suggest we incorporate a Momentum filter in the EA - ie the EA will only start to trade when certain level of momentum is present in order to avoid those deadlock situation.

I am so tired already. So, I will post the this first.

This is the $10 TP back test - all the settings as per the $5 TP test.

As can be seen, not much more profitable - so, better stick to $5

ok guys, why dont you guys back test the same pair gbpjpy using the 2016, 2015, 2014 & 2013 data and the same settings as I had posted above and share the results here.

Ok, bed time for me.

Cheers.

Just wanted to say A BIG THANKYOU to Tictac for all your kindness and hard work, im sure i speak for everyone here when i say it is very much appreciated, i will be back testing and forward testing and will post results.

M5 eur usd jan 2017 to jan 2018 set, nearly doubles the account from £1000 to £1900 with 22% Drawdown

Same setting on eurusd M5
starting balance £100 gbp
Speaks for itself...

same set file above eur usd m5 with £5000 gbp starting balance more than doubling the account form jan 2017 to jan 2018