Giving Back! My Best Expert Advisor EA Free for Everyone | Page 65 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

I'll code your Expert advisor for free 215 replies

Giving Something Back; My Equity, Free Margin and Profit Protection EA 15 replies

Free Expert Advisor with positive backtest results 5 replies

Looking For An Expert Advisor Free... This may be the Ultimate 5 replies

What are the best martingale' s expert advisor?? 2 replies

Attachments: Giving Back! My Best Expert Advisor EA Free for Everyone
Exit Attachments

Giving Back! My Best Expert Advisor EA Free for Everyone

  • Linked: The Ranger + Vigorous EAs | Demo Account XXXXX72
  • Expand
  • Last Sync: Jun 27, 2025
Jun 27, 2025
Last Sync: Jun 27, 2025
Jun 27, 2025
Last Sync: Jun 27, 2025
Jun 27, 2025
Last Sync: Jun 27, 2025
Jun 27, 2025
Last Sync: Jun 27, 2025
to
No trading activity in this period.
  • #1,281
  • Edited 10:21am Dec 16, 2019 9:52am | Edited 10:21am
Thanks to cubbybgood and the participants.
I would be happy if I could make a small contribution here.
I hope you understand my poor English.

This is a version based on RMI_EA_inside_candle_V6_license_320.mq4.
(https://www.forexfactory.com/showthr...9#post12476749)
6.2 seems to be appropriate.
I do not have any information about the V7 version.

The changes are as follows.

1. Built-in Indicator
RMI, HeikenAshiSmoothed(Other versions)

2. Added option
BUY, SELL, TimeFrame, SpreadAlert
The user can choose to buy or sell a direction.
It has an independent TimeFrame.

3. The source code has been cleaned up and partially modified.
The MagicNumber part has been modified so that EA can manage revenue even when a user arbitrarily enters a sale.
The default value for each option is the same as the DEMO version.
There may be an unintended error in the cleanup process, but it seems to be fine for now.

Attached File(s)
File Type: mq4 HeikenAshiSmoothed.mq4   5 KB | 354 downloads

Attached File(s)
File Type: mq4 RMI_EA_inside_candle_V6.2_license_320.mq4   118 KB | 464 downloads
  • #1,282
  • Dec 16, 2019 12:45pm Dec 16, 2019 12:45pm
Quoting Cubbybgood
{quote} If you check out the manual that's included with the (demo) version of the BlastBands EA, to figure out what you should be risking. The manual was just updated in this version! Also, backtesting could help you here. People don't realize how important the leverage setting is so make sure and look at this closely. Leverage is everything with a strategy like this! You can also use the included "close by % DD?" feature as well! See attached photo for what this looks like in the EA settings. Right now it's set as "false" When set as "true", the...
Thanks very much. is the SL you wanted implemented in this version?

Is the drawdown 10% of each pair, or across all pairs? So I will need to set it to 3% dd on each pair?
  • #1,283
  • Dec 16, 2019 1:10pm Dec 16, 2019 1:10pm
Quoting morsche
Thanks to cubbybgood and the participants. I would be happy if I could make a small contribution here. I hope you understand my poor English. This is a version based on RMI_EA_inside_candle_V6_license_320.mq4. (https://www.forexfactory.com/showthr...9#post12476749) 6.2 seems to be appropriate. I do not have any information about the V7 version. The changes are as follows. 1. Built-in Indicator RMI, HeikenAshiSmoothed(Other versions) 2. Added option BUY, SELL, TimeFrame, SpreadAlert The user can choose to buy or sell a direction....
Thanks for your work on this morsche!
  • #1,284
  • Dec 16, 2019 1:12pm Dec 16, 2019 1:12pm
Quoting GodRa
{quote} Thanks very much. is the SL you wanted implemented in this version? Is the drawdown 10% of each pair, or across all pairs? So I will need to set it to 3% dd on each pair?
It’s for each pair.

You can use the manage_profit_EA if you want all trades to close out all pairs.
  • #1,285
  • Dec 16, 2019 1:30pm Dec 16, 2019 1:30pm
Quoting Cubbybgood
{quote} It’s for each pair. You can use the manage_profit_EA if you want all trades to close out all pairs.
is "close by % loss" drawdown?
  • #1,286
  • Dec 16, 2019 1:47pm Dec 16, 2019 1:47pm
Quoting GodRa
{quote} is "close by % loss" drawdown?

Yes, When drawdown hits the specified % amount, trades will close out.
  • #1,287
  • Dec 16, 2019 1:56pm Dec 16, 2019 1:56pm
one question on the manage_profit_EA, in order to manage all the open pairs with the bands ea, we just need to input the MN of the charts that we want to manage, am i correct?
  • #1,288
  • Dec 16, 2019 2:03pm Dec 16, 2019 2:03pm
Quoting fabio.g
one question on the manage_profit_EA, in order to manage all the open pairs with the bands ea, we just need to input the MN of the charts that we want to manage, am i correct?
I believe this is in the manual. You only need the Manage_Profit_EA on one chart in order for it to manage all orders.
  • #1,289
  • Dec 16, 2019 2:14pm Dec 16, 2019 2:14pm
just wanted to check, does this EA work with a MT4 VPS?
  • #1,290
  • Dec 16, 2019 2:22pm Dec 16, 2019 2:22pm
Quoting GodRa
just wanted to check, does this EA work with a MT4 VPS?
I actually recommend using EVERY EA with a VPS! It's really the only reliable way to trade when using an EA.

I have a good cheap reliable option near the bottom of my website. Check it out!

BestFreeForexEA.com
  • #1,291
  • Dec 16, 2019 2:24pm Dec 16, 2019 2:24pm
Thanks, BTW how long does the demo last for?
  • #1,292
  • Dec 16, 2019 2:27pm Dec 16, 2019 2:27pm
Quoting GodRa
Thanks, BTW how long does the demo last for?
The demo never expires! This was my gift to the community!
  • #1,293
  • Dec 16, 2019 2:30pm Dec 16, 2019 2:30pm
Quoting Cubbybgood
{quote} The demo never expires! This was my gift to the community!
Oh right! what happens when I buy it of the page? https://bestfreeforexea.com/pricing
  • #1,294
  • Dec 16, 2019 3:00pm Dec 16, 2019 3:00pm
Quoting GodRa
{quote} Oh right! what happens when I buy it of the page? https://bestfreeforexea.com/pricing

Right... I'm going to make this a bit more clear. People don't understand what the difference is with the (demo) and (live) version. The (demo) only version works only on demo accounts and the (live) version works on live accounts.
  • #1,295
  • Dec 16, 2019 3:05pm Dec 16, 2019 3:05pm
Quoting Cubbybgood
{quote} I believe this is in the manual. You only need the Manage_Profit_EA on one chart in order for it to manage all orders.
there is not very much on the manual as far as magic number for the Manage_Profit_EA as in for pic 1
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 29 KB
Click to Enlarge Name: Screenshot2.png Size: 86 KB
  • #1,296
  • Edited 4:29pm Dec 16, 2019 3:32pm | Edited 4:29pm
Quoting fabio.g
{quote} there is not very much on the manual as far as magic number for the Manage_Profit_EA as in for pic 1 {image} {image}
I tried to keep the manual as simple as possible. I didn’t want to overwhelm people with too much information. You may be able to tailor the magic number to specific pairs. Still, I NEVER recommend using more than 1 trading strategy per account.

Is a matter of fact, I think one of the reasons people margin call their trading accounts is because they run too many strategies or EA’s on the same account. It’s a HUGE problem!

I fixed the 2nd page $ amount mistake!
Attached Image (click to enlarge)
Click to Enlarge Name: Pic.png Size: 114 KB
  • #1,297
  • Dec 16, 2019 5:02pm Dec 16, 2019 5:02pm
I noticed you went from M30 in new version now back to M5?
I EAT PIPS
  • #1,298
  • Dec 16, 2019 6:28pm Dec 16, 2019 6:28pm
Quoting jshear
I noticed you went from M30 in new version now back to M5?

Yeah, a higher time frame means less trades and a wider flex-grid. It also was taking slightly larger take profit. The EA trades better on a lower time frame with a smaller take profit. With all my grid systems, I find a tighter grid to be usually more affective. I wanted a tighter grid at a lower risk level. The change is a really good balance I think. We get 20-30 small trades on a typical trading day. Today was slow as hell as we’re starting to get into the holiday time.
  • #1,299
  • Dec 17, 2019 3:06am Dec 17, 2019 3:06am
I ran a backtest on v3 from Jan- Dec 2019 on EURUSD. For a $100k account with 1:100, 0.1 lots and $5 profit, I only got around a total of $1000 profit which seems very low?
  • #1,300
  • Dec 17, 2019 3:13am Dec 17, 2019 3:13am
Quoting GodRa
I ran a backtest on v3 from Jan- Dec 2019 on EURUSD. For a $100k account with 1:100, 0.1 lots and $5 profit, I only got around a total of $1000 profit which seems very low?
Sometimes the mt4 does not downloads the full history of that pair so the ea backtest only with what he has.
Try to backtest month by month you will understand which month is missing
1 trader viewing now