Thank you for the update and ea update.
ray4one
Capturing Trend Days, by Linda Bradford Raschke 8 replies
Ranges for today, yesterday, 10 days, 20 days etc 1 reply
5,190 Pips In 38 Days 23 replies
Some Days are Diamonds and some days are Stones! 4 replies
100% In 3 days. 39 replies
DislikedThe new EA is working brilliantly thus far: (I love the way it takes profit on the retrace!) Start Balance $940.20 (10/13/20, 6:38 PM Arizona time) 0.01 lot at 10 cents per pip Balance: $943.25 P/L $3.05 #of days traded: 1 ES P.S. A great name for this EA could be "BackDraft"Ignored
Disliked{quote} Still it have loss chance in sideways it's ok with trend but need to find more mathematical algorithm to block that SL hunt One by one break even could works in sideways allow only one trade to hit in SL but BE with profit for upcoming SL before open 2nd trade ... I mean take profit that can cover next order we only allow SL with loss for first tradeIgnored
Disliked{quote} Still it have loss chance in sideways it's ok with trend but need to find more mathematical algorithm to block that SL hunt One by one break even could works in sideways allow only one trade to hit in SL but BE with profit for upcoming SL before open 2nd trade ... I mean take profit that can cover next order we only allow SL with loss for first tradeIgnored
Disliked{quote} This can run all time no manual intervention required , also it can run with low risk trading means lower leverage supported US , UK clients can use it Maximum profit with smallest lot size is monthly 100% and if market running sideways it won't make big loss Example : Deposit $100 Lot size $0.01 Monthly return 100% Drawdown appropriate below 25% It's according to back test results ... Below is 1 month back test in same date both EAs shows different results test was with $1000 lot size $0.10 cent {image} {image}...Ignored
DislikedHey ES,Never and the rest of traders, its weekend best time for typing, being uninterrupted from the duties of a trader :-) Need to read all that you all typed,I'm researching some special trading times where we can drop the EA for trading before news,as the week progresses.Hope you guys are fine,and being safe with your familyIgnored
DislikedFolks, If you uninstall this EA and reinstall it...make sure you change the magic number. This is a special EA and it stores information on your old magic numbers. Funny there is no "include file" or "library file" to download. "Never's" coder must be most excellent. Folks buy this EA now as "Never" is developing it into a special product that most likely will evolve into pro status. "Never" provides updates after you buy it. ES P.S. The more he sells the more upgrades we get! So yes I am telling you to buy...hehe Please wait one hour to read this...Ignored
DislikedHello, Had the updated Ea on the GBP-USD yesterday, also traded well. Yesterday evening I closed my MT4 and deactivated the Ea. This morning before London opening I started my MT4, the EA set the pending order but deleted it immediately after that, reset the Ea every time the same game was played. Greeting Ritter3Ignored
Any Grid that can maintain 25% or better APY and can accomplish the above would be exceptional. If this grid can be developed to lower the capital required would be an amazing accomplishment. This grid is accomplishing this right now but I know "Never" would like to bring down the deposit requirement. Remember these 1/10th of 1 cent accounts are rare and not many dealers offer them. So many traders are using 10 cent per full pip accounts which remove the ability to graduate trade size up incrementally with each $100.00 profit.
Good Job "Never". You have done it... Post
You can now fine tune it ..but caution! Do not curve fit as the market can change character on you. To speed up the testing apply a "stress test" to this EA. You need a program to simulate trading quotes where you can give the EA false input to stress it and find out what happens. If your EA is "loose" enough you should be able to survive the above criteria with a lot of swings and prolonged trends. Pay particular attention to the non-ranging days.
ES
P.S. Now double the above "capital required" if you are conservative.
P.S.S. This criteria above is for professional trader status. This EA needs forward testing now for some years and it will graduate away from retail traders into the professional trading world IMHO.