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trendchaser super ea

  • #641
  • Mar 13, 2008 1:40am Mar 13, 2008 1:40am
the website has the latest version 8
  • #642
  • Mar 13, 2008 1:57am Mar 13, 2008 1:57am
I haven't changed any settings. The first EA was using 0.04 lots on every trade, the second one i said was using 0.06 then after the balance went up some more,it increased the lot size to 0.07. This last one i'm using which is super ea v4(beta) uses 0.03 lots. It's using micro lots at the moment. When it uses 0.03 lots, 1 pip gain is equal to 30 cents. And I just traded GBP/JPY. I hope this is helpful,thanks.
  • #643
  • Mar 13, 2008 2:04am Mar 13, 2008 2:04am
on ibfx mini, 0.03 is 3 cents per pip

if its a mini account youl see a m beside the symbol name
GBPJPYm

Quoting ag79
I haven't changed any settings. The first EA was using 0.04 lots on every trade, the second one i said was using 0.06 then after the balance went up some more,it increased the lot size to 0.07. This last one i'm using which is super ea v4(beta) uses 0.03 lots. It's using micro lots at the moment. When it uses 0.03 lots, 1 pip gain is equal to 30 cents. And I just traded GBP/JPY. I hope this is helpful,thanks.
  • #644
  • Mar 13, 2008 2:06am Mar 13, 2008 2:06am
there was a version that risk and target was 0.2 by accident

that may be why your account got a boost
  • #645
  • Mar 13, 2008 2:11am Mar 13, 2008 2:11am
It's just GBP/JPY, not GBP/JPYm, so this is a standard account , EA is using micro lots on the standard account then. Thanks.
  • #646
  • Mar 13, 2008 2:16am Mar 13, 2008 2:16am
i didnt realise theyd let you, any1 know if you can micro lots on a real standard account?

Quoting ag79
It's just GBP/JPY, not GBP/JPYm, so this is a standard account , EA is using micro lots on the standard account then. Thanks.
  • #647
  • Mar 13, 2008 2:17am Mar 13, 2008 2:17am
also on standard account mm should be 5000
  • #648
  • Mar 13, 2008 2:29am Mar 13, 2008 2:29am
Thanks AG that was very helpful.

Trendchaser what does the 5000 mm do on a Standard account, how is it different to a mini which is 10000?
  • #649
  • Mar 13, 2008 2:31am Mar 13, 2008 2:31am
lot=NormalizeDouble(AccountBalance()*Maximum_Risk/mm_calculation,10);

mm_calculation is used in the math for risk


Quoting noangel
Thanks AG that was very helpful.

Trendchaser what does the 5000 mm do on a Standard account, how is it different to a mini which is 10000?
  • #650
  • Mar 13, 2008 2:45am Mar 13, 2008 2:45am
I'm using fx-stars demo platform. It says the funds are held with Interbank FX and FX Stars customers execute directly from a streaming Interbank quote feed . I don't know, Fx- Stars is working with Interbank fx i guess.
Also the mm setting of the EA shows 10000 at the moment, so am i doing something wrong? Thanks.
  • #651
  • Mar 13, 2008 2:49am Mar 13, 2008 2:49am
Trendchaser does that affect the lot size it selects?
  • #652
  • Mar 13, 2008 2:59am Mar 13, 2008 2:59am
yes mm effects the lot size

Quoting noangel
Trendchaser does that affect the lot size it selects?
  • #653
  • Mar 13, 2008 3:01am Mar 13, 2008 3:01am
well 3000 on a standard is low balance

mm should be 5000 on ibfx standard

you should be making about 1% a day

Quoting ag79
I'm using fx-stars demo platform. It says the funds are held with Interbank FX and FX Stars customers execute directly from a streaming Interbank quote feed . I don't know, Fx- Stars is working with Interbank fx i guess.
Also the mm setting of the EA shows 10000 at the moment, so am i doing something wrong? Thanks.
  • #654
  • Mar 13, 2008 3:04am Mar 13, 2008 3:04am
So if at 10000 it opens say a 0.01 lot, what would it open at 5000 mm?
  • #655
  • Mar 13, 2008 4:07am Mar 13, 2008 4:07am
risk is % of balance
10000 for a mini is correct, 5000 for a normal
if risk is 1, ur using 1%
if you change mm, it wont be correct

Quoting noangel
So if at 10000 it opens say a 0.01 lot, what would it open at 5000 mm?
  • #656
  • Mar 13, 2008 4:10am Mar 13, 2008 4:10am
the ea has won 25 times this week so far on live account
thats 2.5% increase
  • #657
  • Mar 13, 2008 8:02am Mar 13, 2008 8:02am
Great work TC. I've just joined this thread today (yes... I followed from the very first page ) and start to forward test on v8.
  • #658
  • Mar 13, 2008 8:38am Mar 13, 2008 8:38am
Quoting trendchaser
the ea has won 25 times this week so far on live account
thats 2.5% increase
You shouldn't run this EA on an account with another EA running also, correct? It would mess up the equity calculations and such right?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #659
  • Mar 13, 2008 10:49am Mar 13, 2008 10:49am
hi

I backtested the EA and it whiped out the account... can anybody tell me what I did wrong ??

thanks a lot for your help
  • #660
  • Mar 13, 2008 11:28am Mar 13, 2008 11:28am
yeah its best to just use 1
Quoting matrixebiz
You shouldn't run this EA on an account with another EA running also, correct? It would mess up the equity calculations and such right?
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