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Simple H1 GBPUSD EA

  • #9,921
  • Mar 10, 2023 12:52pm Mar 10, 2023 12:52pm
Quoting h1307
{quote} I know MQL5 (MT5 programing), I know python etc, but I have no idea of strategies...or I have but no one works as i wish So if anyone has an (programable) idea or rather verified idea , let me know
Hi h1307.
Can you rewrite, let's say OverNight v9 EA in MQL5 and share with us mq5 file?
Just thinking!

Mac.
  • #9,922
  • Edited 3:54am Mar 14, 2023 3:42am | Edited 3:54am
Hi.
As I previously mention, on this tread we have four working EA’s and all required extensive optimization to be reasonably effective and profitable.
Optimization process on MT4 platform however, appears to me quite tricky. Very similar effectiveness comes from testing process. I personally found both of them in term of results unclear and far from reality.
The parameters they return hard to interpret or useless.
Therefore, I build-in to any Ea’s I’m going to test or optimize, my own parameters which are in my believes more helpful.
So;
1/ "spreadCount;"

void OnTick()
{//1
//+------------------
spread=MarketInfo(Symbol(),MODE_SPREAD);
if(spread!=0)
{//2
if(spreadCount < spread)
{//3
spreadCount = spread;
}
else
{//3
spreadCount=spreadCount;
}
}

You will be very surprise to find that huge spread increases which effectively whip out you “stoplosses”.


Mac.
  • #9,923
  • Mar 14, 2023 3:56am Mar 14, 2023 3:56am
2/ "maxDrawDown;"


if(iTotalOrders != 0)
{//2
double profitLoss;
profitLoss = AccountBalance()-AccountEquity();

if(profitLoss > maxDrawDown)
{//3
maxDrawDown = profitLoss;
}
else {maxDrawDown = maxDrawDown;}
This will help you in simple way to asses level of you capital designated to the EA one pair of currency.

Mac
  • #9,924
  • Edited 11:56am Mar 14, 2023 3:57am | Edited 11:56am
3/ EA_valid;

EA_valid =" Yes ";

if(TimeYear(TimeCurrent()) <= EndYear)
{//2
if(TimeMonth(TimeCurrent()) <= EndMonth )
{//3
if(TimeDay(TimeCurrent()) <= EndDay)
{//4
IsEA_valid=true;
}
else
{//4
EA_valid=" NO_EndDay ";
IsEA_valid=false;
}
}
else
{//3
EA_valid=" NO_EndMonth ";
IsEA_valid=false;
}
}
else
{//2
EA_valid=" NO_EndYear ";
IsEA_valid=false;
}
It will help you to set period of EA opening orders time in relation to testing/optimizing period time.
So, when EA open position, this position may not be closed before the end of the testing/optimizing period of time. There can be few days, weeks or even months needed to close that position.

Mac.
  • #9,925
  • Edited 11:44am Mar 14, 2023 3:58am | Edited 11:44am
4/ “Update;” EA code update informations.

#property copyright "Mac"
//----
extern string Broker_acc = " acc: ";
extern string UpDate = "UpDate: 20.02.2023. 8:40";
extern int iMagicN = 0;
extern int EndYear = 2023;
extern int EndMonth = 12;
extern int EndDay = 31;

Whenever you “Compile” any changes you need to make code update!!!

Mac.
  • #9,926
  • Mar 14, 2023 4:06am Mar 14, 2023 4:06am
To those trades still interesting to learn MQ4 coding, please enjoy.
Attached File(s)
File Type: pdf Andrew Young - Expert Advisor Programming Creating Automated Trading Systems in MQL for MetaTrader.p   1.3 MB | 597 downloads

Or even more.
https://www.traders-library.com/Free%20Download/

Good luck.
Mac.
  • #9,927
  • Mar 14, 2023 7:53am Mar 14, 2023 7:53am
Quoting MacMG
{quote} Hi h1307. Can you rewrite, let's say OverNight v9 EA in MQL5 and share with us mq5 file? Just thinking! Mac.
Hi MacMg, I tried to backtest OverNight on last years but it seems that it doesn't work anymore so I think there's no point in rewriting it into mql5.
  • #9,928
  • Mar 14, 2023 11:40am Mar 14, 2023 11:40am
Quoting h1307
{quote} Hi MacMg, I tried to backtest OverNight on last years but it seems that it doesn't work anymore so I think there's no point in rewriting it into mql5.
You need to use _2023 version.
OverNight_EAv9a_2023 post#9879 or 9884.
SimpleH1_GBPUSD_EAv9_2023 post#9885.
camvcvooV5_2023 post#9911,
or Tokyo_GBPUSD_v17a post#1.


Mac.
  • #9,929
  • Mar 23, 2023 2:59am Mar 23, 2023 2:59am
Quoting MacMG
{quote} You need to use _2023 version. OverNight_EAv9a_2023 post#9879 or 9884. SimpleH1_GBPUSD_EAv9_2023 post#9885. camvcvooV5_2023 post#9911, or Tokyo_GBPUSD_v17a post#1. Mac.
I tried the 2023 on GBPUSD , last year,IC MAarkets - M1 - H1. But bo significant profit
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
  • #9,930
  • Mar 24, 2023 5:43am Mar 24, 2023 5:43am
Quoting h1307
{quote} I tried the 2023 on GBPUSD , last year,IC MAarkets - M1 - H1. But bo significant profit {image}
Thanks for sharing test result.
Was this test for OverNight..EA?
What was your setting?
Any optimization parameters?
M15 or H1 is best timeframe.

Mac.
  • #9,931
  • Mar 24, 2023 5:47am Mar 24, 2023 5:47am
Quoting h1307
{quote} I tried the 2023 on GBPUSD , last year,IC MAarkets - M1 - H1. But bo significant profit {image}
Well, what is significant profit for you?
Significant lot size make usually the rest.
Mac.
  • #9,932
  • Jun 8, 2023 5:47am Jun 8, 2023 5:47am
Quoting MacMG
{quote} Years ago, when I joined to this tread, Geoff's EA's and his idea of Tokyo market behavior inspired me greatly in that point of time. So, I followed for quite few years using OverNight_v9a EA with reasonable result in live trading. But now I use my own EA's based on experiences I gutter mainly here. Mac.
What are you workin on now?
Mind shating your EAs projects?
  • #9,933
  • Jun 18, 2023 2:46am Jun 18, 2023 2:46am
Quoting pewebly
{quote} What are you workin on now? Mind shating your EAs projects?
Hi pewebly,
Do you do coding?
MQL4 or 5, or do you like testing/optimizing EA's?

Mac.
  • #9,934
  • Jun 25, 2023 12:40pm Jun 25, 2023 12:40pm
  • #9,935
  • Aug 20, 2023 5:36am Aug 20, 2023 5:36am
Quoting pewebly
{quote} What are you workin on now? Mind shating your EAs projects?
This EA is not perfect!!!
Attached Image (click to enlarge)
Click to Enlarge Name: OverNight_Banker_v0 EURUSD 2021.01.01-2023.08.14.png Size: 21 KB


Mac.
  • #9,936
  • Aug 20, 2023 5:37am Aug 20, 2023 5:37am
Quoting pewebly
{quote} What are you workin on now? Mind shating your EAs projects?
This EA is not HOLY GRAIL!!!
Attached Image (click to enlarge)
Click to Enlarge Name: OverNight_Banker_v0 EURCAD 2021.01.01.-2023.08.14.png Size: 22 KB


Mac.
  • #9,937
  • Aug 20, 2023 5:39am Aug 20, 2023 5:39am
Quoting pewebly
{quote} What are you workin on now? Mind shating your EAs projects?
This EA is for "DEMO" account ONLY!!!
Attached Image (click to enlarge)
Click to Enlarge Name: OverNight_Banker_v0 GBPCAD 2021.01.01.-2023.08.14.png Size: 20 KB


Mac.
  • #9,938
  • Aug 20, 2023 5:43am Aug 20, 2023 5:43am
Quoting pewebly
{quote} What are you workin on now? Mind shating your EAs projects?
End this EA, if used on "LIVE" account by you, would be used "ONLY" on your "OWN RISK"!!!
Attached Image (click to enlarge)
Click to Enlarge Name: OverNight_Banker_v0 GBPUSD 2021.01.01-2023.08.14.png Size: 21 KB


Mac.
  • #9,939
  • Aug 20, 2023 5:46am Aug 20, 2023 5:46am
Quoting pewebly
{quote} What are you workin on now? Mind shating your EAs projects?
As you can see above , it will definitely not make you billionaire "OverNight".

Mac.
  • #9,940
  • Edited 8:07am Aug 20, 2023 6:00am | Edited 8:07am
Quoting MacMG
{quote} Years ago, when I joined to this tread, Geoff's EA's and his idea of Tokyo market behavior inspired me greatly in that point of time. So, I followed for quite few years using OverNight_v9a EA with reasonable result in live trading. But now I use my own EA's based on experiences I gutter mainly here. Mac.
That is how all that began.
Sadly, I haven't heard from Geaoff since very long time, which may mean hi isn't between as any longer.
It's a life. It is very quiet here now a day.
I very much hope to change that, if I can. Just to pay back a bit to Geoff and to this thread.

Mac.
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