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Giving Back! My Best Expert Advisor EA Free for Everyone

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  • Post #1,061
  • Quote
  • Sep 8, 2019 9:30am Sep 8, 2019 9:30am
  •  marcusleewc
  • | Joined Jul 2018 | Status: Member | 11 Posts
Actually if you start seeing SL (-100 pips), and immediately cut loss for that particular currency pair to let it start over again. It should be better.
 
 
  • Post #1,062
  • Quote
  • Sep 8, 2019 7:10pm Sep 8, 2019 7:10pm
  •  Dogalot7
  • | Joined Dec 2018 | Status: Member | 155 Posts
well had a bit of a frustrating beginning of the trading week (Sunday night at 5 pm for me - Eastern Standard USA)... because I have OANDA -- and they've instituted a new FIFO rule of trade size vs TS/TP/SL -- and the EA had several attempts at adding/modifying trades -- the account was locked and I couldn't make any adjustments until I contacted a wonderful inside OANDA trade desk person...

So until I can get more money in the account (YES a real cash account) -- or open another in a different broker -- not trading this one --- not that there is ANYTHING wrong with it -- just the account size I have is not appropriate for it to be used for OANDA...

BTW -- one trade was a positive 1499 pips and the other 3165 --- YES I know I didn't have the "get out at 50" portion setup...

I do still plan on attempting to add the % money management to the code -- just hadn't had the opportunity to -- and I will add it to the portion of the forum for assistance, and copy a link here when I get the opportunity...
 
1
  • Post #1,063
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  • Sep 9, 2019 5:36am Sep 9, 2019 5:36am
  •  Afrodeenn
  • | Joined Jan 2019 | Status: Member | 15 Posts
Anyone please share set file
1
 
  • Post #1,064
  • Quote
  • Sep 9, 2019 7:59am Sep 9, 2019 7:59am
  •  artico01
  • | Joined Apr 2016 | Status: Member | 108 Posts
Quoting Afrodeenn
Disliked
Anyone please share set file
Ignored
Set file is by default in EA
 
 
  • Post #1,065
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  • Sep 9, 2019 2:39pm Sep 9, 2019 2:39pm
  •  cyberom
  • | Joined Jul 2010 | Status: Member | 28 Posts
For the newsfilter, we can use IceFX.NewsInfo.ex4 as indicator, it is a classic

Attached Image (click to enlarge)
Click to Enlarge

Name: Image1.png
Size: 60 KB
 
 
  • Post #1,066
  • Quote
  • Sep 10, 2019 7:04pm Sep 10, 2019 7:04pm
  •  Dogalot7
  • | Joined Dec 2018 | Status: Member | 155 Posts
Quoting artico01
Disliked
{quote} Set file is by default in EA
Ignored
Well - personally - I didn't use the default. I didn't like the idea of 100 trades being able to be put on for one currency. But to each their own...
 
1
  • Post #1,067
  • Quote
  • Sep 10, 2019 8:28pm Sep 10, 2019 8:28pm
  •  itsDavid
  • | Joined Jul 2019 | Status: Member | 326 Posts
Quoting Afrodeenn
Disliked
Anyone please share set file
Ignored
These are the ones I'm using.
Attached File(s)
File Type: rar Setfiles.rar   1 KB | 320 downloads
 
1
  • Post #1,068
  • Quote
  • Sep 10, 2019 8:29pm Sep 10, 2019 8:29pm
  •  itsDavid
  • | Joined Jul 2019 | Status: Member | 326 Posts
Quoting Dogalot7
Disliked
{quote} Well - personally - I didn't use the default. I didn't like the idea of 100 trades being able to be put on for one currency. But to each their own...
Ignored
100% agreed. I have mine set to allow 5 max per currency.
 
 
  • Post #1,069
  • Quote
  • Sep 11, 2019 12:24am Sep 11, 2019 12:24am
  •  Afrodeenn
  • | Joined Jan 2019 | Status: Member | 15 Posts
Quoting itsDavid
Disliked
{quote} These are the ones I'm using. {file}
Ignored
Tf and pair please
 
 
  • Post #1,070
  • Quote
  • Sep 11, 2019 6:11am Sep 11, 2019 6:11am
  •  itsDavid
  • | Joined Jul 2019 | Status: Member | 326 Posts
Quoting Afrodeenn
Disliked
{quote} Tf and pair please
Ignored
The set files have the names of the currencies they relate to.
 
 
  • Post #1,071
  • Quote
  • Sep 11, 2019 7:26am Sep 11, 2019 7:26am
  •  itsDavid
  • | Joined Jul 2019 | Status: Member | 326 Posts
The 50 pips number is clearly arbitrary, when we have the next iteration of the EA (money management and news filter), I think we need to start properly working on finding the perfect 'spot' for taking profit. The same goes for the number of open trades per currency. 100 is clearly excessive, but 5 (as I have set it to), is also arbitrary and probably in need of tweaking. Though likely less so than the take profit pips level.
 
 
  • Post #1,072
  • Quote
  • Sep 11, 2019 9:52am Sep 11, 2019 9:52am
  •  smecas
  • | Joined Dec 2010 | Status: Member | 65 Posts
Quoting cyberom
Disliked
For the newsfilter, we can use IceFX.NewsInfo.ex4 as indicator, it is a classic {image}
Ignored
its possible to user this with another EA?
 
 
  • Post #1,073
  • Quote
  • Edited 1:47pm Sep 11, 2019 12:49pm | Edited 1:47pm
  •  marcusleewc
  • | Joined Jul 2018 | Status: Member | 11 Posts
I tested this EA with 20++ currency pairs simultaneously in 1 demo account.

It is making profit at most of time, however losses started to incur when strong trend coming. I made 55% in first 2 weeks, and lost all in following 2 weeks when strong trend coming. The losses just kept coming until it ate up all profits.

What I notice is, if we start incurring losses (or SL) or some large drawdown e.g. 10% - 15%, it would be best to close all existing trades and start over again.

In this way, it seems like all new trades are starting to see profits again.

I guess this is the safe way to use this EA. Just my 2 cents.

See my signal. https://www.mql5.com/en/signals/620185
 
 
  • Post #1,074
  • Quote
  • Sep 11, 2019 3:59pm Sep 11, 2019 3:59pm
  •  cyberom
  • | Joined Jul 2010 | Status: Member | 28 Posts
Quoting smecas
Disliked
{quote} its possible to user this with another EA?
Ignored
It works with all eas and Disable all Expert Advisors before news
 
 
  • Post #1,075
  • Quote
  • Sep 12, 2019 4:51am Sep 12, 2019 4:51am
  •  varseb
  • | Joined Apr 2019 | Status: Member | 104 Posts
[quote = marcusleewc; 12496904] J'ai testé cette évaluation environnementale avec 20 paires de devises simultanément dans un compte de démonstration. La plupart du temps, elle fait des bénéfices, mais des pertes ont commencé à se produire lorsque la tendance est à la hausse. Je gagnais 55% dans les deux premières semaines et tout perdu dans les deux semaines qui suivirent une forte tendance. Les pertes ont continué à venir jusqu'à ce que tous les profits soient consommés. Ce que je remarque, c’est que si nous commençons à subir des pertes (ou des SL) ou un important tirage, par exemple 10% à 15%, il serait préférable de fermer toutes les transactions existantes et de recommencer à zéro. De cette façon, il semble que tous les nouveaux métiers commencent à voir des bénéfices. Je suppose que c’est le moyen sûr d’utiliser cette évaluation environnementale. Juste mes 2 cents. Voir mon signal. https://www.mql5.com/fr/signals/620185 [/ quote]

For me i use it only 3 pairs (30 mn TF) and 2 pairs (1hr TF)
Look the résults sunce 13 aout
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  • Post #1,076
  • Quote
  • Sep 12, 2019 6:41am Sep 12, 2019 6:41am
  •  itsDavid
  • | Joined Jul 2019 | Status: Member | 326 Posts
Quoting marcusleewc
Disliked
I tested this EA with 20++ currency pairs simultaneously in 1 demo account. It is making profit at most of time, however losses started to incur when strong trend coming. I made 55% in first 2 weeks, and lost all in following 2 weeks when strong trend coming. The losses just kept coming until it ate up all profits. What I notice is, if we start incurring losses (or SL) or some large drawdown e.g. 10% - 15%, it would be best to close all existing trades and start over again. In this way, it seems like all new trades are starting to see profits again....
Ignored
Why are you trying to run this EA on so many pairs? At the very least it will need extensive tweaking on each individual pairs. As of right now it's only known to be profitable long term on the three pairs it was designed for.
 
 
  • Post #1,077
  • Quote
  • Sep 12, 2019 8:45am Sep 12, 2019 8:45am
  •  marcusleewc
  • | Joined Jul 2018 | Status: Member | 11 Posts
There is no absolute right or wrong using my approach. I am just presenting my idea.
 
 
  • Post #1,078
  • Quote
  • Sep 12, 2019 8:58am Sep 12, 2019 8:58am
  •  timidave
  • | Joined Nov 2007 | Status: Member | 460 Posts
Quoting marcusleewc
Disliked
I tested this EA with 20++ currency pairs simultaneously in 1 demo account. It is making profit at most of time, however losses started to incur when strong trend coming. I made 55% in first 2 weeks, and lost all in following 2 weeks when strong trend coming. The losses just kept coming until it ate up all profits. What I notice is, if we start incurring losses (or SL) or some large drawdown e.g. 10% - 15%, it would be best to close all existing trades and start over again. In this way, it seems like all new trades are starting to see profits again....
Ignored
Or better still trade only in the direction of the daily trend, because a time may come when your emotions may set in and tell you, the trend may soon turn around, hold on for a while, then you have your profits wiped off. Or a time may come when you're not at your desk, and a strong trend eats up your profits. But if you always takes trade in the direction of the daily trend, you can set the EA and forget it! See what I mean here; https://www.forexfactory.com/showthr...4#post12278734
 
 
  • Post #1,079
  • Quote
  • Sep 12, 2019 9:02am Sep 12, 2019 9:02am
  •  timidave
  • | Joined Nov 2007 | Status: Member | 460 Posts
Quoting varseb
Disliked
[quote = marcusleewc; 12496904] J'ai testé cette évaluation environnementale avec 20 paires de devises simultanément dans un compte de démonstration. La plupart du temps, elle fait des bénéfices, mais des pertes ont commencé à se produire lorsque la tendance est à la hausse. Je gagnais 55% dans les deux premières semaines et tout perdu dans les deux semaines qui suivirent une forte tendance. Les pertes ont continué à venir jusqu'à ce que tous les profits soient consommés. Ce que je remarque, c’est que si nous commençons à subir des pertes (ou des...
Ignored
You may not like to hear this, but the trend will soon wipe off your profits!
 
 
  • Post #1,080
  • Quote
  • Sep 12, 2019 9:52am Sep 12, 2019 9:52am
  •  varseb
  • | Joined Apr 2019 | Status: Member | 104 Posts
[quote = timidave; 12498838] {quote} Vous n'aimerez peut-être pas cela, mais la tendance effacera bientôt vos profits! [/quote]

i will see, possible it's demo accunt...
 
 
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