One more question... How much does the news have as an impact on this system? I mean would a newsfilter be beneficial or will it be bad for the system?
DOS. Daily Open Strategy. Easy To Trade, Simple To Win (EA..soon)
- #883
- Sep 16, 2021 4:33pm Sep 16, 2021 4:33pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Hello xmess7, Your version of the EA doesn't appear correct to me. Look at the graph below, if you notice as per the rules, when the basket closes it should always be in a positive, so you shouldn't have curves like that when it's cleary closed in a huge loss (hence the big arch up and then down) - Telstra {image}
Yea its like maaHomes says, since the latest trade is closed first you get a burst of profit then as the rest get closed you see profit fall off.
I encourage you to do the daily on the major crosses like EURUSD GBPUSD AUDUSD USDCAD and USDJPY ... see how that does in a month or two.
Since you would be using the EA all you would be required to do is check and see that all trades are placed correctly... Then just let it do its job..
Jess
Our AWESOME IMAGINATION is the true holy grail!
- #889
- Sep 17, 2021 5:15am Sep 17, 2021 5:15am
{quote} Write to xmess7 private message and ask him to send it to you,because you are one here who need that code.
, noted, I will not pollute this thread any further.
Persistence will get it. Consistency will keep it.
- #891
- Sep 17, 2021 8:39pm Sep 17, 2021 8:39pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} Hi xmess7, Is this EA also without restrictions? No expirations? It's your choice and you have the right to do so, but in my opinion when so many forum members are helping you to debug the EA and also the fact this EA was originally open source it should stay that way. But that's me.
.The only thing I am not doing at this moment is releasing the source code. I plan to do that later on...
I also will not add new features or request at this time. I have had the experience of doing this in the past, and unfortunately the EA becomes a mess of inputs LOL.
In my opinion, use the EA as the author intended on the daily TF on major crosses. You should get the similar results as he has the only difference is that you will take a lot less time when monitoring the EA
. The lower TF I showed was just a small challenge I made for myself. It's fun to see but has no real meaning. The only way any approach has a real valid meaning is if you FORWARD TEST IT and even better on a LIVE ACCOUNt .PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
- #892
- Sep 17, 2021 8:44pm Sep 17, 2021 8:44pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!
- #893
- Sep 17, 2021 8:46pm Sep 17, 2021 8:46pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!
- #894
- Sep 17, 2021 8:50pm Sep 17, 2021 8:50pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
{quote} I was reffering to the EA xmess7 used to build his EA from, it was posted in this thread by member soko8, and that one was open source.
Chake:
Mr or Miss soko8 did a great job but that code has a couple of errors that will affect the results the EA provides. If you want I can add the correction to that code and the pass you that code. Once I correct the errors you will have your source code
.My version has many personal proprietary functions. Before I release my version's source I plan to modify/remove my proprietary code. I plan to do that later when I have nothing else to do LOL.. In addition my version is alot more streamlined. I use various approaches that eleminate alot of extra code... etc etc etc...
PEACE
Jess
Our AWESOME IMAGINATION is the true holy grail!
- #898
- Edited 1:27pm Sep 18, 2021 12:59pm | Edited 1:27pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!
- #899
- Sep 18, 2021 1:02pm Sep 18, 2021 1:02pm
- Joined Nov 2008 | Status: Trader | 4,830 Posts
Our AWESOME IMAGINATION is the true holy grail!