SyTLAS EA - The art of being neutral - MT5 Multi-currencies EA | Forex Factory

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Attachments: SyTLAS EA - The art of being neutral - MT5 Multi-currencies EA
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SyTLAS EA - The art of being neutral - MT5 Multi-currencies EA

  • #1
  • First Post: Jun 6, 2019 4:46am Jun 6, 2019 4:46am

Attached Image


Hi everyone !

Here's one of my EA for you all. The attachment is a free SyTLAS EA version limited to 0.01 lot per deal opened. Feel free to forwardtest it. With that being said, let me now explain what the SyTLAS project is about...

This EA considers the 28 Forex pairs has a whole where each trade is part of a global position. This gives a higher level of understanding of market dynamics because everything is interconnected. First, the EA analyzes the position of 100 Moving Averages and the spreads between them and the last quotes. By doing so, it's trying to spot the moment where trend is about to reverse and when it's done, acts accordingly.

Second, as trades pile on each others, a story is being whispered and some logic finally emerges. The EA correlates every trades between them and closes some in order to stay neutral. You read it well : SyTLAS is always trying to stay neutral ! But by doing so, and because markets are inefficient at the smaller timeframes, it manages to accumulate currency units. Basically, SyTLAS doesn't try to win. Gains are just a byproduct of its work...

Attached File(s)
File Type: ex5 SyTLAS_v1.7.ex5   121 KB | 1,020 downloads


INSTALLATION

  1. Put the EA in your \MQL5\Experts\ folder.
  2. Be sure to have the 28 pairs in your "Market Watch" section.
  3. Load it on ONLY ONE M1 CHART of your choice.
  4. Default presets are the good ones.
  5. Enjoy !


Cheers

  • #2
  • Jun 6, 2019 12:23pm Jun 6, 2019 12:23pm
Hi,
Please share if you have MT4 version of SyTLAS.
Thanks
  • #3
  • Jun 6, 2019 12:30pm Jun 6, 2019 12:30pm
Hello mavilakandy !

It's been a while

Concerning your request, I started this project in MQL4 and switch to MQL5 when I decided to work on multiple pairs simultaneously.
I'll post an ex4 when I'll have the time to retro-port the missing parts.

Best regards

PS : You should test SyTLAS with a MT5 demo account
  • #4
  • Jun 6, 2019 12:38pm Jun 6, 2019 12:38pm
Quoting Symphoenix
Hello mavilakandy ! It's been a while Concerning your request, I started this project in MQL4 and switch to MQL5 when I decided to work on multiple pairs simultaneously. I'll post an ex4 when I'll have the time to retro-port the missing parts. Best regards PS : You should test SyTLAS with a MT5 demo account
Hello Symphoenix,
Thanks for your quick response.
While appreciating your good effort, please note that I am not yet used to MT5. I may try it later on.
Best regards,
  • #5
  • Jun 6, 2019 12:47pm Jun 6, 2019 12:47pm
The MT5 software is very similar to MT4 one but you need to know that there are 2 different working modes : Hedging or Netting.
Hedging -> the same way of managing the trades than MT4
Netting -> only one position per symbol. That means that when you add a deal to a symbol, the previous position is modified accordingly.
You'll see what I mean
If you need clarifications, don't hesitate to PM me...
  • #6
  • Jun 7, 2019 2:51am Jun 7, 2019 2:51am
Quoting Symphoenix
The MT5 software is very similar to MT4 one but you need to know that there are 2 different working modes : Hedging or Netting. Hedging -> the same way of managing the trades than MT4 Netting -> only one position per symbol. That means that when you add a deal to a symbol, the previous position is modified accordingly. You'll see what I mean If you need clarifications, don't hesitate to PM me...
HelloSymphoenix,
Thanks for the clarifications.
Definitely, I will check how your EA performs in MT5.
Regards,
  • #7
  • Jun 7, 2019 9:31am Jun 7, 2019 9:31am
Quoting Symphoenix
{image} Hi everyone ! Here's one of my EA for you all. The attachment is a free SyTLAS EA version limited to 0.01 lot per deal opened. Feel free to forwardtest it. With that being said, let me now explain what the SyTLAS project is about... This EA considers the 28 Forex pairs has a whole where each trade is part of a global position. This gives a higher level of understanding of market dynamics because everything is interconnected. First, the EA analyzes the position of 100 Moving Averages and the spreads between them and the last quotes. By doing...
Yes, in a dummy account - forward test, it is opening positions in multiple pairs though the EA is loaded only in one pair.
Is it going to open positions in all 28 pairs that you have mentioned ?
What happens if there are more than 28 pairs in 'Market Watch' ?
What is the suggested account size for the initial lot size 0.01, since it is opening positions in multiple pairs ?
Please reply.
Thanks and regards,
  • #8
  • Jun 7, 2019 9:45am Jun 7, 2019 9:45am
Ok !

The 28 pairs are scanned each minute for opportunities and it's rare but a position can be opened on the 28 pairs at the same time. No worries, SyTLAS has been designed to deal with this kind of situation...
Concerning the 'Market Watch', having more than the 28 pairs won't affect SyTLAS' behaviour.
Account size = 500$ 1:500 minimum with the file provided in post #1.

Best regards
  • #9
  • Jun 10, 2019 10:15am Jun 10, 2019 10:15am
Quoting Symphoenix
Ok ! The 28 pairs are scanned each minute for opportunities and it's rare but a position can be opened on the 28 pairs at the same time. No worries, SyTLAS has been designed to deal with this kind of situation... Concerning the 'Market Watch', having more than the 28 pairs won't affect SyTLAS' behaviour. Account size = 500$ 1:500 minimum with the file provided in post #1. Best regards
Hi. Is there expiry time on this EA? Do you plan to sell EA with bigger lot sizing?
  • #10
  • Jun 10, 2019 11:55am Jun 10, 2019 11:55am
Quoting majamivice
{quote} Hi. Is there expiry time on this EA? Do you plan to sell EA with bigger lot sizing?
Hello majamivice !
No expiry for this EA, only lots size limitation.
Yes, I'm selling the full version to serious investors who need bigger positions
Best regards
  • #11
  • Jun 10, 2019 12:01pm Jun 10, 2019 12:01pm
Quoting Symphoenix
{quote} Hello majamivice ! No expiry for this EA, only lots size limitation. Yes, I'm selling the full version to serious investors who need bigger positions Best regards
And what is the price?
  • #12
  • Jun 10, 2019 2:21pm Jun 10, 2019 2:21pm
How can I run a backtest with all pairs and trades being opened?
  • #13
  • Jun 11, 2019 6:21am Jun 11, 2019 6:21am
How does EA work on the closure of losing orders?
Attached Image (click to enlarge)
Click to Enlarge Name: Sytlas.jpg Size: 257 KB
  • #14
  • Jun 13, 2019 4:08am Jun 13, 2019 4:08am
Quoting baeds
How does EA work on the closure of losing orders? {image}
it manages the DD by adding more trades, but the problem is that it continues to close orders in profit. and without SL or loss closing of some sort my guess is that soon or later it will crash
  • #15
  • Jun 14, 2019 4:24am Jun 14, 2019 4:24am
Quoting ionone
{quote} it manages the DD by adding more trades, but the problem is that it continues to close orders in profit. and without SL or loss closing of some sort my guess is that soon or later it will crash
It would be easy to see if you could run a proper multi pair backtest.
  • #16
  • Jun 14, 2019 6:02am Jun 14, 2019 6:02am
Quoting TraderTero
{quote} It would be easy to see if you could run a proper multi pair backtest.
can't you ? MT5 is MP compatible. But i don't know if you can BT that particular EA, i didn't try
  • #17
  • Jun 23, 2019 9:17pm Jun 23, 2019 9:17pm
hey

im getting these errors in experts tab, this is a fresh mt5 install, do i need a load history script?

Attached Image (click to enlarge)
Click to Enlarge Name: sytlas error.JPG Size: 62 KB



thanks, blam
  • #18
  • Jun 25, 2019 1:52am Jun 25, 2019 1:52am
Quoting blamshakk
hey im getting these errors in experts tab, this is a fresh mt5 install, do i need a load history script? {image} thanks, blam
Hello blamshakk !
Don't worry, this EA will decide to wait for the matrices to be full before trading
---------------------------

SyTLAS has evolved into a brand new EA called TAMASAI EA.

Attached Image (click to enlarge)
Click to Enlarge Name: Tamasai_Official.jpg Size: 552 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Tamasai-Logic.jpg Size: 87 KB


Attached Image (click to enlarge)
Click to Enlarge Name: Tamasai_EA-2019.jpg Size: 242 KB


Stay tuned
  • #19
  • Edited 2:49pm Jun 27, 2019 8:22am | Edited 2:49pm
Quoting ionone
{quote} can't you ? MT5 is MP compatible. But i don't know if you can BT that particular EA, i didn't try
It won't BT at all.
  • #20
  • Jul 1, 2019 11:41am Jul 1, 2019 11:41am
Hello Symphoenix,

My forward test was running for last 25 days. The result is not bad if the floating loss remain at the current level, while realized profit is increasing.
I wanted to send you a detailed report. But, I am not able to get the report similar to MT4.
Anyway please find attached summary report.
Regards,
Attached File(s)
File Type: xlsx ReportTrade-5246484.xlsx   16 KB | 590 downloads
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