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The strength of BE system

  • #581
  • May 4, 2026 9:45am May 4, 2026 9:45am
Quoting wxl7015
HI there. Whenever you have time, could you please check the trading lot size again? It is still a bit different from what we confirmed. Many thanks. {image} {image}
You are still using Dollar Amount for each trade...as mentioned before you want to change it to Fixed Position Size and change the position size to 0.01
  • #582
  • May 4, 2026 9:47am May 4, 2026 9:47am
Results for day 6

Attached Image (click to enlarge)
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@Realblank...we still need to fix the issue with the EAs taking trades outside the bands please. We are getting several needless losses because of this.
  • #583
  • May 4, 2026 11:03am May 4, 2026 11:03am
Dear Trader, How do I adjust my take-profit level?
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  • #584
  • Edited 2:00pm May 4, 2026 1:31pm | Edited 2:00pm
Quoting wxl7015
Dear Trader, How do I adjust my take-profit level? {image}
you can not set a TP

the only way to change a TP is to change the outer bands, if using the close at outer band method or change how the RR intervals operate using RR method
  • #585
  • May 4, 2026 5:38pm May 4, 2026 5:38pm
Quoting cfudge
{quote} I have noticed that V2 and probably V7 is taking trades outside the outer band and it should not ever do that. I am using V2 to trade the close at outer band method and I am not using the midline and first band option so it will take trades at every signal but it should never take a trade with a candle that closes outside the outer band, whatever that may be...I am currently using 5ATR but it shouldn't trade outside whatever the setting. Realblank I would like if you could look at this in the code please, for both versions please, when you...
Okay, it looks like the Out-of-bands check/condition wasn't even in the original V2 in the first place (and thus my version didn't have it either). I have added the condition in this one, so I believe it should now work as you expected, but please let me know if that is not the case.

As for V7.10 (and most likely the original V7) it does have a similar condition/check but instead of checking the Candle "CLOSE" it checks for the Hi/Lo (so "ANY" part of the candle, wicks), it also checks if the current Bid/Ask is outside of the outer bands. Let me know if I should change this or keep it as is.
Attached File(s)
File Type: ex4 MT4 PTL FVE Strategy v2.10.ex4   131 KB | 52 downloads
File Type: mq4 MT4 PTL FVE Strategy v2.10.mq4   150 KB | 81 downloads
  • #586
  • May 4, 2026 6:54pm May 4, 2026 6:54pm
What timeframe to use the ea, and is there setfile?
  • #587
  • May 4, 2026 7:01pm May 4, 2026 7:01pm
Quoting cfudge
{quote} Here are my settings for V2 the ones not shown at the bottom are unchanged I have used TP @ outer band but you can also use the RR method {image} {image} {image}
Is this the setfile?
  • #588
  • May 4, 2026 8:02pm May 4, 2026 8:02pm
Quoting Realblank
{quote} Okay, it looks like the Out-of-bands check/condition wasn't even in the original V2 in the first place (and thus my version didn't have it either). I have added the condition in this one, so I believe it should now work as you expected, but please let me know if that is not the case. As for V7.10 (and most likely the original V7) it does have a similar condition/check but instead of checking the Candle "CLOSE" it checks for the Hi/Lo (so "ANY" part of the candle, wicks), it also checks if the current Bid/Ask is outside of the outer bands....
Thank you Realblank that is great news, I would say that the condition you describe for V7 is fine, I think it sounds like it is doing enough.
  • #589
  • May 5, 2026 10:09am May 5, 2026 10:09am
Quoting cfudge
Results for day 6 {image} @Realblank...we still need to fix the issue with the EAs taking trades outside the bands please. We are getting several needless losses because of this.
Day 7 results
Attached Image (click to enlarge)
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  • #590
  • May 5, 2026 2:45pm May 5, 2026 2:45pm
Pre-test of version 2.10 from 04.22 to 05.05:
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  • #591
  • May 5, 2026 7:10pm May 5, 2026 7:10pm
Sorry, where is the last template with indicator? Not the EA, just the template and indis. Thanks soo much the autor for share
  • #592
  • May 5, 2026 7:43pm May 5, 2026 7:43pm
Quoting cladi53
Sorry, where is the last template with indicator? Not the EA, just the template and indis. Thanks soo much the autor for share
Post 493
  • #593
  • May 6, 2026 9:31am May 6, 2026 9:31am
Quoting cfudge
{quote} Day 7 results {image}
Day 8 results...still encouraging
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  • #594
  • May 6, 2026 1:21pm May 6, 2026 1:21pm
Quoting cfudge
{quote} Day 8 results...still encouraging {image}
Are you running the two EAs on the same MT4? Are the results the combined results of the two EAs?
  • #595
  • Edited 4:31pm May 6, 2026 2:46pm | Edited 4:31pm
Quoting pusztafie
{quote} Are you running the two EAs on the same MT4? Are the results the combined results of the two EAs?
Yes I am running both on 1 MT4
V2 is running close at 5ATR band
V7 is running RR method and is limited to only trades between midline and 2.5ATR band
  • #596
  • May 6, 2026 2:50pm May 6, 2026 2:50pm
Quoting cfudge
{quote} Yes I am running both on 1 MT4 V2 is running close at 5ATR band V7 is running RR method and is limited to only trades between midline and 2ATR band
Thank you very much for your answer.
  • #597
  • May 7, 2026 8:42am May 7, 2026 8:42am
Quoting cfudge
{quote} Day 8 results...still encouraging {image}
Day 9 results...on the up...
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  • #598
  • May 8, 2026 8:49am May 8, 2026 8:49am
Quoting cfudge
{quote} Day 9 results...on the up... {image}
Day 10 results...little pullback
Sitting @ 71% gain in 10 days...not too bad.
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  • #599
  • May 10, 2026 3:11am May 10, 2026 3:11am
Quoting cfudge
{quote} Day 10 results...little pullback Sitting @ 71% gain in 10 days...not too bad. {image}
what is your timeframe used for backtesting? will choppy markets eat your profits?
  • #600
  • May 10, 2026 9:24am May 10, 2026 9:24am
Quoting phrixusong
{quote} what is your timeframe used for backtesting? will choppy markets eat your profits?
This whole thread is strictly Gold 1M TF
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