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SIMPLE EA for a simple method needed!! 2 replies

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Attachments: Simple H1 GBPUSD EA
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Simple H1 GBPUSD EA

As I've mention on my post#9941;

""" On your screen, the EA will indicate ;
MaxDrawDown value.
Value of Capital on your account must be equal or more than;

Capital = 2 x MaxDrawDown

in relation to a value of Risk = 1%.
If you decided to trade more then one currency pair on your account,
your Capital value needs to be adjusted accordingly. """"

Mac.
Quoting sashasan
{quote} it's correct, but it valid for some period of time, after a day or half (dont know exactly) you will not be able to delete or edit your posts
i don't have edit button
Happy Easter.
Spring is caming, so, lots of green pips to everyone.

Mac.
Hi.
OverNight_Banker_v01 latest performance STR for period 01.08.2023.-20.04.2024 with Risk=1%.
Still looks quite good.

Attached Image (click to enlarge)
Click to Enlarge Name: OverNight_Banker_v01 GBPUSD -Risk=1% 01.08.2023-21.04.2024.png Size: 20 KB


.

Mac
and OverNight_Banker_v01 last week activity.


Attached Image (click to enlarge)
Click to Enlarge Name: OverNight_Banker_v01 GBPUSD -Risk=1% 15.04.2024 -21.04.2024.png Size: 12 KB


.

Mac.
Is there an mt5 version for this EA. I am eager to test this with real funds and post the results here.
Is there any way to change the lot size in the EA?
Quoting lefrick
Is there an mt5 version for this EA. I am eager to test this with real funds and post the results here.

Hi lefrick.
Very sorry but not.
Simply, I'm not a fan of MT5.

Mac.
Quoting sheppy
Is there any way to change the lot size in the EA?
Hi sheppy.

Yes.
Read my post#9941, please.
For GBPUSD, do the Risk=10% test and see full capability of this EA.
Good luck.
.
Mac.
Quoting sheppy
Is there any way to change the lot size in the EA?
Risk=1% is just for those who have shallow pocket of a money, to have a chance to build up account, I believe.

.
Mac.
Thanks Mac
Quoting sheppy
Thanks Mac
You are more then welcome.
I hope you enjoy it.
.
Mac.
Quoting MacMG
{quote} Here is a replacement for ...v0, OverNight_Banker_v01. If you still running old version with no closed positions, use updated version with the same magic number. It will simple take over and continue trade. I still hope you can enjoy it. {file} . Mac
Hi Mac, these positions have been running for a few days, when will they close and in what conditions? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: onb.jpg Size: 269 KB
Quoting lengendff
{quote} Hi Mac, these positions have been running for a few days, when will they close and in what conditions? Thanks.{image}
Hi lengendff.

The EA will close all position when;
- up to 5 days open orders trailingstop function will be activated or,
- from 6 -28 days open orders ProfitClose function will be activated or other time related functions.
I can't tall you on what conditions the EA will close all or part of opened orders in your case, simply because I don't know on how long period of time this EA your chart was "loaded" with date currency you are trading.
Hope it helps.
.
Mac.
Quoting lengendff
{quote} Hi Mac, these positions have been running for a few days, when will they close and in what conditions? Thanks.{image}
Read all my posts from post#9935 onward, please.
Make a minimum 6 month test and read "Journal", so you can work out what kind of functions have been activated in your test.
.
Mac.
Quoting lengendff
{quote} Hi Mac, these positions have been running for a few days, when will they close and in what conditions? Thanks.{image}
When you open your chart, before EA apply, move this chart to the left (earliest possible date of your chart; best MN1, W1, D1).
This way you will " load" maximum date to the chart. This is what algorithm required, maximum possible amount of date currency you are going to trade.
Hope it helps.
.
Mac.
Quoting lengendff
{quote} Hi Mac, these positions have been running for a few days, when will they close and in what conditions? Thanks.{image}
Please see test below;
GBPUSD for 06.05.2024 with trailingstop function activated

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1_1.png Size: 11 KB


and close orders by this function;

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDH1_2.png Size: 11 KB


.
Mac.
Quoting MacMG
{quote} Hi lengendff. The EA will close all position when; - up to 5 days open orders trailingstop function will be activated or, - from 6 -28 days open orders ProfitClose function will be activated or other time related functions. I can't tall you on what conditions the EA will close all or part of opened orders in your case, simply because I don't know on how long period of time this EA your chart was "loaded" with date currency you are trading. Hope it helps. . Mac.
Thanks for the replies. I will just leave the EA running and wait.
Quoting lengendff
{quote} Thanks for the replies. I will just leave the EA running and wait.
& good luck.

Mac.
Hi all of you!
I was trading this system from the beginning with very good result. But i stopped trading after a time, started trading Swedich termins instead. I´m very glad to see this thread and system after so many (14) years. MacMG, you are doing a great job to help everyone. I have started a demo with FP Markets for test Your ea on GU. I think the strategi is as Geoffs ea for buy but exit are different? I think there was a sl 140 pips in the beginning. Gmt offset is 3 if I´m wright? It will be wery fun to test this strategi again! Thanks Mac!
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