Giving Back! My Best Expert Advisor EA Free for Everyone | Page 74 | 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.
  • #1,461
  • Jan 12, 2020 6:45pm Jan 12, 2020 6:45pm
Quoting Cubbybgood
{quote} I just checked this on my side. I installed the demo version on a new platform and had 0 problems. You may want to check if you're doing something wrong on your side...
Ah darn I simply don't understand this problem. Everything else works for all other EA's but this one wont work..This is my screen maybe someone can see something I'm missing. If not I give up lol
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 777 KB
  • #1,462
  • Jan 13, 2020 3:15am Jan 13, 2020 3:15am
Quoting Redbaron81
{quote} Ah darn I simply don't understand this problem. Everything else works for all other EA's but this one wont work..This is my screen maybe someone can see something I'm missing. If not I give up lol {image}

Try a different broker for now. I'm going to try to see if I can recreate this issue. I've had 1 other person say this is happening as well...
  • #1,463
  • Jan 13, 2020 3:53am Jan 13, 2020 3:53am
Quoting Redbaron81
{quote} Ah darn I simply don't understand this problem. Everything else works for all other EA's but this one wont work..This is my screen maybe someone can see something I'm missing. If not I give up lol {image}

It seems i was able to recreate this problem. Seeing what my coder can do about it. The (live) paid version works at forex.com right now, the demo does not...
  • #1,464
  • Edited 7:54am Jan 13, 2020 4:38am | Edited 7:54am
3 year Backtests for EU, EJ and UCAD are now in! More coming!

EU = over 100% profit with -31% DD.
EJ = over 120% profit with -13% DD.
UCAD = 30% profit with -37% DD.
Attached Image (click to enlarge)
Click to Enlarge Name: EJ_backtest_pic.png Size: 39 KB
Attached File(s)
File Type: zip 3 Year EU EJ UCad BlastBands 4 Test.zip   380 KB | 393 downloads
  • #1,465
  • Jan 13, 2020 6:04am Jan 13, 2020 6:04am
Quoting Cubbybgood
3 year Backtests for EU, EJ and UCAD are now in! More coming! EU = over 100% profit with -31% DD. EJ = over 120% profit with -13% DD. UCAD = 30% profit with -37% DD. {file}
why it is showing RMI EA in the comment section, since i am on demo the blastBands EA?
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 7 KB
  • #1,466
  • Edited 7:26am Jan 13, 2020 6:50am | Edited 7:26am
Quoting fabio.g
{quote} why it is showing RMI EA in the comment section, since i am on demo the blastBands EA? {image}
Yeah... This has been changed now. If you don't want to see this anymore, download the BlastBands EA again from the website.

I have around 20 EA's that use the RMI indicator in different ways. This is NOT the same as the RMI V7. Not even close! You can easily see this just by looking at the BlastBands EA Manual
  • #1,467
  • Jan 13, 2020 1:48pm Jan 13, 2020 1:48pm
Quoting fabio.g
{quote} why it is showing RMI EA in the comment section, since i am on demo the blastBands EA? {image}
It has been coded to comment when a trade takes place - live or demo...

edit - you took comments out? I like the comments, makes the reporting function much easier when it comes time to evaluate different strategies.
  • #1,468
  • Jan 13, 2020 5:03pm Jan 13, 2020 5:03pm
Cubby: Not a good start with your newest version 4.0. Over a 13 percent draw down on day 1 with only .57 percent gain on the day. Poor risk reward. I think before you put out new versions you should forward test for a month.Back tests are useless especially with multiple pairs.


Jeff
Attached Image (click to enlarge)
Click to Enlarge Name: 06C66C2B-AA3D-412D-A5E6-0AD2D37100F9.png Size: 3.1 MB
I EAT PIPS
  • #1,469
  • Edited 6:10pm Jan 13, 2020 6:00pm | Edited 6:10pm
Quoting jshear
Cubby: Not a good start with your newest version 4.0. Over a 13 percent draw down on day 1 with only .57 percent gain on the day. Poor risk reward. I think before you put out new versions you should forward test for a month.Back tests are useless especially with multiple pairs. Jeff {image}
I know this is easily my best version yet! No doubt in my mind about that!
Is this the best I have to offer? Right now it is but it doesn't mean I can't create something even better in the future.

Ok....

People forget how long I've been trading for. It's been 13 years. I know when I have something and this is it, 100%. My EA's are built to handle a lot of negative price action. Think of it like this...I have my EA's built so they can turn bad trades (today) into good ones. We will have plenty of good weeks with DD no larger than -1% with profit of up to +5%. This is the nature of trading. It's impossible to expect no DD with straight profit every week. Every market week is different!

It's unfortunate this was your first day but this was only -13% DD. Not the end of the world. We will have more DD at times and it may even go higher. Our loss cutoff of -35% doesn't get hit very often but it will get hit at some point. This is why it's there... To protect us.

I ask you to be patient. This is trading.
  • #1,470
  • Jan 17, 2020 5:54am Jan 17, 2020 5:54am
Quoting Cubbybgood
{quote} Yeah... This has been changed now. If you don't want to see this anymore, download the BlastBands EA again from the website. I have around 20 EA's that use the RMI indicator in different ways. This is NOT the same as the RMI V7. Not even close! You can easily see this just by looking at the BlastBands EA Manual
Hello - I PM'd you -
  • #1,471
  • Jan 18, 2020 11:38am Jan 18, 2020 11:38am
can you please please please update in the website the currencies and TF prefered for both systems? thanks
  • #1,472
  • Jan 18, 2020 12:08pm Jan 18, 2020 12:08pm
Quoting smecas
can you please please please update in the website the currencies and TF prefered for both systems? thanks
I'm a bit confused by this comment as the website is up to date on pairs and TF's! I did state you could use the BlastBands on any pair. I did add the recommended pairs in that FAQ section but... I think you need to look a bit more closely at the info on the website as everything you're requesting is shown....
  • #1,473
  • Jan 18, 2020 12:17pm Jan 18, 2020 12:17pm
Quoting Cubbybgood
{quote} I'm a bit confused by this comment as the website is up to date on pairs and TF's! I did state you could use the BlastBands on any pair. I did add the recommended pairs in that FAQ section but... I think you need to look a bit more closely at the info on the website as everything you're requesting is shown....
Your right thanks
  • #1,474
  • Jan 19, 2020 1:05am Jan 19, 2020 1:05am
Quoting Cubbybgood
{quote} I know this is easily my best version yet! No doubt in my mind about that! Is this the best I have to offer? Right now it is but it doesn't mean I can't create something even better in the future. Ok.... People forget how long I've been trading for. It's been 13 years. I know when I have something and this is it, 100%. My EA's are built to handle a lot of negative price action. Think of it like this...I have my EA's built so they can turn bad trades (today) into good ones. We will have plenty of good weeks with DD no larger than -1% with...
Yeah it sounds unfortunate, but how can you just say on day 1 it's a poor risk/reward ratio? You can't, and need to give it a chance, this counts for ALMOST ANYTHING in trading.
  • #1,475
  • Jan 19, 2020 1:08am Jan 19, 2020 1:08am
Without trawling through 70 pages, is it possible to get an update from people using RMI, results and the best settings they've found etc?

Thanks!
  • #1,476
  • Jan 20, 2020 9:29am Jan 20, 2020 9:29am
I don't think that using 90% modelling is a sound basis for optimism.
Using a 2 pip spread with Dukascopy tickdata and Tickstory for 99.9% modelling, of the four pairs I've tested so far for one year producing 700+ to 800+ trades each only EURGBP has returned a small profit, the overall result being a 35% loss. See results attached.

Geoff
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURGBP.jpg Size: 200 KB
Click to Enlarge Name: EURUSD.jpg Size: 208 KB
Click to Enlarge Name: GBPUSD.jpg Size: 200 KB
Click to Enlarge Name: StrategyTester EURGBP M15.gif Size: 10 KB
Click to Enlarge Name: StrategyTester GBPUSD M15.gif Size: 10 KB
Click to Enlarge Name: StrategyTester USDJPY M15.gif Size: 10 KB
Click to Enlarge Name: StrategyTesterEURUSD M15.gif Size: 9 KB
Click to Enlarge Name: USDJPY.jpg Size: 201 KB
  • #1,477
  • Jan 20, 2020 10:59am Jan 20, 2020 10:59am
Here is AUDUSD, the fifth of the five pairs with the lowest spread from my broker. A loss here too, I'm sorry to say.

Geoff
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD.jpg Size: 199 KB
Click to Enlarge Name: StrategyTester AUDUSD M15.gif Size: 11 KB
  • #1,478
  • Edited 12:35pm Jan 20, 2020 11:45am | Edited 12:35pm
Quoting GeoffGreaves
I don't think that using 90% modelling is a sound basis for optimism. Using a 2 pip spread with Dukascopy tickdata and Tickstory for 99.9% modelling, of the four pairs I've tested so far for one year producing 700+ to 800+ trades each only EURGBP has returned a small profit, the overall result being a 35% loss. See results attached. Geoff {image} {image} {image} {image} {image} {image} {image} {image}

There is absolutely NO difference using 90% modeling quality to 99.99%! Backtests are still only hypothetical no matter how accurate they actually are!

Also, 2 pips is my maximum spread I've allowed the EA to take. You think this is fair to test the EA with it's maximum available spread limit? It's stated in the manual to use an ECN account. ECN accounts have spreads that range from 0.0-0.5 pips 90% of the time. The only time they typically increase is on holiday's and for 15-30 minutes each day on day change over.

Using 2 pips is NOT an accurate representation of how my EA performs. I ran my tests with a 0.5 pip spread as the market is under this most of the time. This a a better representation of actual trading....

The EA doesn't trade the AUDUSD very well in general. This is why I recommend people back-test and demo test so they can find what pairs work best for them and their broker
Attached Image (click to enlarge)
Click to Enlarge Name: UJ 3 year test.gif Size: 10 KB
Attached File(s)
File Type: zip 3 Year EU EJ UCad BlastBands 4 Test.zip   380 KB | 458 downloads
  • #1,479
  • Jan 20, 2020 2:49pm Jan 20, 2020 2:49pm
I cannot understand how you can claim that there's no difference between 90% and 99.99% modelling when there clearly must be; 9.99% to be precise. Can you reference articles that back-up your assertion as all those that I have read emphasis that 90% modelling is very inaccurate, particular with the lower time frames where tick data that is not actual tick data is synthesised introducing even more inaccuracy. What is your data source and methodology for backtesting?

I don't know what the graph in your last post is of as it's not one of those in the attached zip file?

The MT4 backtester doesn't accept 0.5 spread which would explain why your reports show the spread as 5. I was trying to improve on your results by using 2 in my backtests but didn't take shortcuts with data and modelling and thus produced the results I have posted.

You recommended that we backtest but seem irritated that I have; sorry about that, I'm just stating facts, not making anything up.

Geoff
  • #1,480
  • Edited 5:29am Jan 21, 2020 4:15am | Edited 5:29am
Quoting GeoffGreaves
I cannot understand how you can claim that there's no difference between 90% and 99.99% modelling when there clearly must be; 9.99% to be precise. Can you reference articles that back-up your assertion as all those that I have read emphasis that 90% modelling is very inaccurate, particular with the lower time frames where tick data that is not actual tick data is synthesised introducing even more inaccuracy. What is your data source and methodology for backtesting? I don't know what the graph in your last post is of as it's not one of those in the...

It's obvious we both don't know everything about the MT4 software. You CAN use a spread of 0.50 pips and have proof it can be done!

Of course there's a difference when it comes to the numbers but there is a difference at EVERY broker used! The 9.99% difference doesn't matter and here's why...

EVERY broker has a slightly different price feed, different execution, different fees and so on and so forth. Using a 99.99% backtest to me, is just like adding another broker to be compared to the list. For example, comparing TradersWay vs LQDFX.com in a back-test will bring different results because the brokers price feeds are different to say the least. This is even with making all the EA options the same including the used spread. The same EA will give different results at each broker no matter if it's a 90% back-test or a 99.99% back-test. You see my point here?

When it comes down to it, this 9.99% back-test difference is massively overrated. It's a guaranteed fact that the EA would forward test the same time length/period you did in the test VERY differently because of the variable ECN spread, commission, price execution speed and the use of the included Manage_profit_EA. The EA would trade EVERY broker differently.
0 traders viewing now