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Slow and Steady Expert Advisor

  • #1
  • First Post: Dec 19, 2018 1:31am Dec 19, 2018 1:31am
Here is another EA that I have worked in past few months and finally got it coded. Its not a scalper or martingale that will make you fortune in few months/year, but a slow but consistence performer with very little draw down. Its only profitable on Daily Chart.

It will take a trade on opening of day candle (based on certain candle stick pattern and calculations). It will set SL and TP and also trail stops to protect the trade. It worked great on following pairs in back testing past 10 years.

EURGBP, USDJPY, AUDJPY, NZDJPY, AUDCAD, AUDNZD, USDSGD, GBPAUD, CHFJPY, EURAUD, EURNZD.

check out the back testing results.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audjpy.png Size: 71 KB
Click to Enlarge Name: eurgbp.png Size: 76 KB
Click to Enlarge Name: nzdjpy.png Size: 75 KB
Click to Enlarge Name: USDJPY.png Size: 73 KB
  • #2
  • Dec 19, 2018 1:41am Dec 19, 2018 1:41am
Hi Abhirag

Nice curves with your EA. I can't quite read those reports however but it looks good. What was the draw down on those pairs.


Cheers
Trading thin liquidity at the boundary of the charts
  • #3
  • Dec 19, 2018 1:44am Dec 19, 2018 1:44am
Quoting abhirag
Here is another EA that I have worked in past few months and finally got it coded. Its not a scalper or martingale that will make you fortune in few months/year, but a slow but consistence performer with very little draw down. Its only profitable on Daily Chart. It will take a trade on opening of day candle (based on certain candle stick pattern and calculations). It will set SL and TP and also trail stops to protect the trade. It worked great on following pairs in back testing past 10 years. EURGBP, USDJPY, AUDJPY, NZDJPY, AUDCAD, AUDNZD, USDSGD,...
Dear abhirag,

Thanks for sharing your outcomes. The pictures are unclear, and can not be read. The modeling for your daily candle pattern entry should be ok, but the trailing will be inaccurate in the profit model. Would you share on your methodology on how the EA works?

Best Regards,
Tzamo
"Work hard, put in the effort, and follow your dreams..." -Me
  • #4
  • Dec 19, 2018 1:48am Dec 19, 2018 1:48am
Quoting tzamo
{quote} Dear abhirag, Thanks for sharing your outcomes. The pictures are unclear, and can not be read. The modeling for your daily candle pattern entry should be ok, but the trailing will be inaccurate in the profit model. Would you share on your methodology on how the EA works? Best Regards, Tzamo

yes, for some reasons i cant use the date option in my MT4 while back testing, I had tested all 11 pairs with amazing performance. Let me see if i can get it again and will post.

BTW, I dont trust back testing if the EA is a scalper on 5 minute to 1 HR chart, but i can safely trust this one as i have back tested with spread upto 50/60 with all pairs.
  • #5
  • Dec 19, 2018 1:50am Dec 19, 2018 1:50am
Quoting RickM
Hi Abhirag Nice curves with your EA. I can't quite read those reports however but it looks good. What was the draw down on those pairs. Cheers
The MAX draw down was 30%
  • #6
  • Dec 19, 2018 2:00am Dec 19, 2018 2:00am
Since the results are so amazing, I am sure many of you are looking to use/test it.
Considering the results I was thinking of selling it at little price, so i got the coder as a serial number to it .

Later, realized that's not me. So will be sharing it absolutely free, just give me some time to post more back testing results...

I starting using on small live acct with 50$, all the trades that are closed due to SL are by EA.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 83 KB
  • #7
  • Dec 19, 2018 2:30am Dec 19, 2018 2:30am
Ok, I couldn't find a way to back test again. so i am uploading it now, It will work on DEMO or Live accounts. Please test and provide any inputs.

Attached File(s)
File Type: ex4 PC-CC EALicensed.ex4   48 KB | 771 downloads


Attach it to Daily chart only on the pair mentioned below and use following settings

EURGBP, USDJPY, AUDJPY, NZDJPY, AUDCAD, AUDNZD, USDSGD, GBPAUD, CHFJPY, EURAUD, EURNZD.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 15 KB


Use following as serial key.

7Ja89MSMh1LkgVM5omc5VgjiVNUCHuXfwB4yNeX6f/4phI0ka8tZlvcHMQTBhGqo


Donate if you can: https://paypal.me/abhiraghav
  • #8
  • Dec 19, 2018 2:42am Dec 19, 2018 2:42am
Hi TS, may I know what is the setting "Trailing Step" refer to?
  • #9
  • Dec 19, 2018 2:45am Dec 19, 2018 2:45am
Quoting fx-anew
Hi TS, may I know what is the setting "Trailing Step" refer to?
Its the number of pips move with price. it will move SL by 1 pip once trailing is activated.
  • #10
  • Dec 19, 2018 5:00am Dec 19, 2018 5:00am
[quote = abhirag; 11809169] Ok, no pude encontrar una manera de volver a probar. así que lo estoy subiendo ahora, funcionará en DEMO o cuentas en vivo. Por favor, prueba y proporciona cualquier entrada. {archivo} Adjúntelo al gráfico diario solo en el par que se menciona a continuación y use los siguientes ajustes EURGBP, USDJPY, AUDJPY, NZDJPY, AUDCAD, AUDNZD, USDSGD, GBPAUD, CHFJPY, EURAUD, EURNZD. {imagen} Usa lo siguiente como clave de serie. 7Ja89MSMh1LkgVM5omc5VgjiVNUCHuXfwB4yNeX6f / 4phI0ka8tZlvcHMQTBhGqo Done si puede: https://paypal.me/abhiraghav [/ quote]
thanks , I am put in demo account but, the key it´s not valid
  • #11
  • Dec 19, 2018 5:35am Dec 19, 2018 5:35am
ups! not working!
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester11111.gif Size: 9 KB
  • #12
  • Dec 19, 2018 8:06am Dec 19, 2018 8:06am
Quoting saulriets6
ups! not working! {image}
Are you trying on daily chart? Can you show the EA settings?
  • #13
  • Dec 19, 2018 8:07am Dec 19, 2018 8:07am
Quoting fibo38
[quote = abhirag; 11809169] Ok, no pude encontrar una manera de volver a probar. así que lo estoy subiendo ahora, funcionará en DEMO o cuentas en vivo. Por favor, prueba y proporciona cualquier entrada. {archivo} Adjúntelo al gráfico diario solo en el par que se menciona a continuación y use los siguientes ajustes EURGBP, USDJPY, AUDJPY, NZDJPY, AUDCAD, AUDNZD, USDSGD, GBPAUD, CHFJPY, EURAUD, EURNZD. {imagen} Usa lo siguiente como clave de serie. 7Ja89MSMh1LkgVM5omc5VgjiVNUCHuXfwB4yNeX6f / 4phI0ka8tZlvcHMQTBhGqo Done si puede: https://paypal.me/abhiraghav...
It should work, loos like working for others
  • #14
  • Dec 19, 2018 8:08am Dec 19, 2018 8:08am
Don't know why it's moved to commercial contents, I am not selling it
  • #15
  • Dec 19, 2018 8:13am Dec 19, 2018 8:13am
Quoting abhirag
Don't know why it's moved to commercial contents, I am not selling it
It was move to commercial content because of the Paypal donation request.
FF rules is very different compare to many websites anyway.

TS, I have tried your EA for several hours, so far no orders are opened, until now its already around 6 hours.
I use it on USD/JPY daily chart.
Normally when does it open trades?
SS on settings as attached.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 69 KB
  • #16
  • Dec 19, 2018 8:13am Dec 19, 2018 8:13am
Quoting abhirag
{quote} Are you trying on daily chart? Can you show the EA settings?
Also what pair?
  • #17
  • Dec 19, 2018 8:16am Dec 19, 2018 8:16am
Quoting fx-anew
{quote} It was move to commercial content because of the Paypal donation request. FF rules is very different compare to many websites anyway. TS, I have tried your EA for several hours, so far no orders are opened, until now its already around 6 hours. I use it on USD/JPY daily chart. Normally when does it open trades?
As I mentioned, the trade is only taken during day open and that only when the trading condition is met, so the may not e any trades for days.
  • #18
  • Dec 19, 2018 8:19am Dec 19, 2018 8:19am
Quoting abhirag
{quote} As I mentioned, the trade is only taken during day open and that only when the trading condition is met, so the may not e any trades for days.
I see. Thank you for the clarification.
I will continue to monitor the EA and get back to you if you can accept room for improvement
  • #19
  • Dec 19, 2018 8:20am Dec 19, 2018 8:20am
Quoting abhirag
{quote} As I mentioned, the trade is only taken during day open and that only when the trading condition is met, so the may not e any trades for days.
Attach it to all pairs mentioned, lot size shoid be. 01 with 100$
  • #20
  • Dec 19, 2018 11:03pm Dec 19, 2018 11:03pm
Quoting fx-anew
{quote} I see. Thank you for the clarification. I will continue to monitor the EA and get back to you if you can accept room for improvement
TS, i have tried out the EA.
So far, trailing stop is not functioning.
i found this out via AUD/NZD pair.
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