Waddah Attar Win EA | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Waddah Attar Explosion Indicator vs EA 1 reply

Waddah Attar Buy Sell Vol ( never seen Before) 2 replies

how to use waddah attar ? 4 replies

MTF Waddah Attar Explosion help! 7 replies

Waddah Attar Trend 1 reply

Attachments: Waddah Attar Win EA
Exit Attachments

Waddah Attar Win EA

  • #1
  • First Post: Edited Jun 4, 2018 9:38am May 31, 2018 4:07pm | Edited Jun 4, 2018 9:38am
Hello,

I found this EA yesterday on mql5 https://www.mql5.com/en/code/8210 ,

I have placed it on demo account for forward testing, its been only one day and account is up more than 200%.

I have placed it on 3 pairs only

USDJPY - 15m chart

GBPUSD - 15m chart

GBPJPY - 15m chart

Attached setting screen shots of settings as well, setting for 1m chart is same for all the pairs. I just chose this setting randomly as I could not back test much due to lack of bad data. You are free to test new settings on any pair.



Lets see how it goes and lets see if we can develop it even better, Also if someone can explain how does this EA work since I am a noob in coding lol

EDIT: changed 3 pairs time frame to 15m and changes setting as per 15m chart as well because testing 1m chart on separate broker now just to be in sync.

EDIT 2: These are the pairs being tested on 1m from my side
GBPJPY, GBPCAD,GBPAUD,EURJPY,EURCAD,EURAUD
if you are going to test the EA then you might as well do it on different pairs than mine.


Thanks

Singh
Attached Images
Attached File(s)
File Type: mq4 Waddah_Attar_Win.mq4   3 KB | 2,772 downloads
Game taught me the game. And it didnt spare me the rod while teaching
  • #2
  • May 31, 2018 4:22pm May 31, 2018 4:22pm
200% a day ? Be careful ... your account (I hope it's demo !) will Crash very soon.

(The only Little Chance could be - you are watching it and will intervene on time and wise, having enough trading experience)
  • #3
  • May 31, 2018 4:31pm May 31, 2018 4:31pm
Quoting DerBerliner
200% a day ? Be careful ... your account (I hope it's demo !) will Crash very soon. (The only Little Chance could be - you are watching it and will intervene on time and wise, having enough trading experience)

Thanks for the advice, and yes ofcourse its a demo account and I am expecting it to fail and then we improve it. I am thinking of adding trading hours so we can turn off the ea on low volume times and times during the new releases.

Lets see if someone is willing to do it.
Game taught me the game. And it didnt spare me the rod while teaching
  • #4
  • May 31, 2018 4:49pm May 31, 2018 4:49pm
This looks like it is martingale - and that is it's primary function:
if((LSP-Bid)<=5*Point) last sell is higher...
{
OrderSend(Symbol(),OP_SELLLIMIT,gLotSell+IncLot,LSP+Step*Point,3,0,0,"",Magic,0,Red);
}

if((Ask-LBP)<=5*Point) last buy is lower...
{
OrderSend(Symbol(),OP_BUYLIMIT,gLotBuy+IncLot,LBP-Step*Point,3,0,0,"",Magic,0,Red);
}

This takes profit on some set interval.. So basically it keeps adding risk until it eventually hits some profit:
if (AccountEquity()>=GlobalVariableGet("OldBalance")+MinProfit)
{
DeletePendingOrders(Magic);
CloseOrders(Magic);
GlobalVariableSet("OldBalance",0);
}

It looks like it sets it a step of 120 pips (I think) away in a limit order, so that might be different from some martingale systems.. but this still looks like martingale right? Anyone else share the same thoughts?
  • #5
  • May 31, 2018 4:53pm May 31, 2018 4:53pm
If someone could add trading time to this it would be awesome.)
  • #6
  • May 31, 2018 5:41pm May 31, 2018 5:41pm
Attached another trade explorer with 6 pairs , GBPJPY GBPCAD GBPAUD EURJPY EURCAD EURAUD , 1m chart , balance 3k. Just to see how it reacts to different brokers.(ignore that -$100 that I opened EA on GBPNZD by mistake and then closed trades)

Lets see.
Game taught me the game. And it didnt spare me the rod while teaching
  • #7
  • May 31, 2018 10:19pm May 31, 2018 10:19pm
Thank you Singh1 for this EA, i'm testing this EA too I will post result
  • #8
  • Jun 1, 2018 12:38am Jun 1, 2018 12:38am
Subs. Thanks and
Regards
  • #9
  • Jun 1, 2018 4:06am Jun 1, 2018 4:06am
Quoting Singh1
Hello, I found this EA yesterday on mql5 https://www.mql5.com/en/code/8210 , I have placed it on demo account for forward testing, its been only one day and account is up more than 200%. I have placed it on 3 pairs only USDJPY - 15m chart GBPUSD - 15m chart GBPJPY - 15m chart Attached setting screen shots of settings as well, setting for 1m chart is same for all the pairs. I just chose this setting randomly as I could not back test much due to lack of bad data. You are free to test new settings on any pair. Lets see how it goes and lets...
please can you please post the ex4 file. Tenx
  • #10
  • Jun 1, 2018 4:07am Jun 1, 2018 4:07am
Quoting kaq
Thank you Singh1 for this EA, i'm testing this EA too I will post result
Please post the ex4 file . Tenx
  • #11
  • Jun 1, 2018 4:52am Jun 1, 2018 4:52am
stay away
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 26 KB
Don't jump in the sewer...
  • #12
  • Jun 1, 2018 8:20am Jun 1, 2018 8:20am
Quoting IlGiggi
stay away {image}
You have to test it for enough period then You Post a comment ... its good
Fake it till you make it
  • #13
  • Jun 1, 2018 9:16am Jun 1, 2018 9:16am
Quoting IlGiggi
stay away {image}

I had similar results in back test specially the end down curve was mostly caused because bunch of trades closed due to non sufficient balance. I believe backtest is not accurate with this EA if someone have a better way to backtest than standard mt4 backtesting I dont know.

For now EA have survived news events of today so lets see.

I dont have high hopes from EA as is, I shared it here so we can find flaws and then maybe fix it.

Since yesterday my observation is that it is making more money with 1m chart but also have bigger draw down on 1m chart. Lets see.

Thanks
Game taught me the game. And it didnt spare me the rod while teaching
  • #14
  • Jun 1, 2018 9:23am Jun 1, 2018 9:23am
So far trade report of both time frames


1m chart
Attached Image (click to enlarge)
Click to Enlarge Name: e0368157d58241187e8c4334fbd2db2d.png Size: 30 KB



15m chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2b1fe5a9dce1d32cb9d3a5c35ca7b705.png Size: 29 KB
Game taught me the game. And it didnt spare me the rod while teaching
  • #15
  • Jun 1, 2018 3:07pm Jun 1, 2018 3:07pm
Tried this on live account, only stuck in £30, in my eyes live will always be better than demo for testing...

had this running 30 mins after NFP until an hour ago ( will only run in liquid sessions. )

33% growth for few hours, running on 15 min chart, USDJPY; GBPUSD; GBPJPY; EURCHF; EURUSD and USDCHF.

will keep you posted next week.

Attached Image (click to enlarge)
Click to Enlarge Name: tickmill-live.png Size: 25 KB
  • #16
  • Jun 1, 2018 3:13pm Jun 1, 2018 3:13pm
Quoting leweg1
Tried this on live account, only stuck in £30, in my eyes live will always be better than demo for testing... had this running 30 mins after NFP until an hour ago ( will only run in liquid sessions. ) 33% growth for few hours, running on 15 min chart, USDJPY; GBPUSD; GBPJPY; EURCHF; EURUSD and USDCHF. will keep you posted next week. {image}
Can you share the ex4 file
  • #17
  • Jun 1, 2018 3:21pm Jun 1, 2018 3:21pm
Quoting asj1
{quote} Can you share the ex4 file
its in the ops first post.........
  • #18
  • Jun 1, 2018 3:23pm Jun 1, 2018 3:23pm
Quoting asj1
{quote} Can you share the ex4 file

I just got mq4 from the website, I think if you put mq4 in your expert folder of mt4 it should auto generate ex4 file.
Game taught me the game. And it didnt spare me the rod while teaching
  • #19
  • Jun 1, 2018 3:46pm Jun 1, 2018 3:46pm
Quoting Singh1
{quote} I just got mq4 from the website, I think if you put mq4 in your expert folder of mt4 it should auto generate ex4 file.
can you share set file. thanx
  • #20
  • Jun 1, 2018 3:47pm Jun 1, 2018 3:47pm
Quoting Singh1
{quote} I just got mq4 from the website, I think if you put mq4 in your expert folder of mt4 it should auto generate ex4 file.
Tenx. I did. It's filled with error. Tenx anyway. But if you can share the one without error.
0 traders viewing now