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# of EA's on 1 account

  • #1
  • First Post: Jul 30, 2008 9:50am Jul 30, 2008 9:50am
hello there, I currently have 2 live accounts open each is running an EA. i also trade solo on them as well, could I run 2 EA's on 1 account without them interfering with eachother?
  • #2
  • Jul 30, 2008 9:51am Jul 30, 2008 9:51am
You can as long as you know that each EA has a different magic number.
  • #3
  • Jul 30, 2008 9:54am Jul 30, 2008 9:54am
ok thanks RR can you tell me about the magic #?
  • #4
  • Jul 30, 2008 9:57am Jul 30, 2008 9:57am
ok i just search magic number, and theres 9000 finds.. the magic number is just a calculation that each ea needs to reach before setting trades?
  • #5
  • Jul 30, 2008 10:10am Jul 30, 2008 10:10am
the magic number is and individual number assigned when an EA makes a trade control function. it is so that it the EA can identify which trades it opened and which trades YOU opened manually or another EA. So.. first check the magic number in both your EA's. Are they the same number? probably not, if so you need do nothing, and can start using both EA's on same acount AS LONG AS both EA's use the magic number to open/modify/close trades.
If however (which I doubt) both EA's use the same magic number, just change one of the EA's to any random number. Look at the code for the EA's, and near the top it should be easy to see what magic number it has set.
Test in demo first before using live to make sure everything works ok.
So you understand that the magic number is just a number that the EA uses to seperate it,s own trade decision from your or another EA yeah? This is important otherwise the EA's will start messing around with each others trades, and yours too if you make manual trades.
  • #6
  • Jul 30, 2008 10:10am Jul 30, 2008 10:10am
My understanding is that it is essentially a serial number. Maybe this is wrong though..
  • #7
  • Jul 30, 2008 10:13am Jul 30, 2008 10:13am
Also are your EA's actually proving profitable?
From what I read EA's are a waste of time...
  • #8
  • Jul 30, 2008 10:28am Jul 30, 2008 10:28am
Quoting fry2010
Also are your EA's actually proving profitable?
From what I read EA's are a waste of time...
EAs are tools. They ultimately augment a trader's trading. I have yet to see an EA which completely replaces a trader.
  • #9
  • Jul 31, 2008 5:46am Jul 31, 2008 5:46am
Quoting fry2010
Also are your EA's actually proving profitable?
From what I read EA's are a waste of time...
Perhaps you haven't heard about Neural Network? Championship last year is a good example http://championship.mql4.com/2007/
  • #10
  • Jul 31, 2008 5:57am Jul 31, 2008 5:57am
Quoting Ronald Raygun
EAs are tools. They ultimately augment a trader's trading. I have yet to see an EA which completely replaces a trader.
Good point. EA's can make trading easy for you you just have to keep an eye over it and make further decisions. Maybe an EA isnt such a bad thing as long as you dont let it replace you.
Quoting ydaudw
Perhaps you haven't heard about Neural Network? Championship last year is a good example http://championship.mql4.com/2007/
Was it left to just run completely by itself?
And did it use martingale? From the looks of that chart it suddenly shot up way past the other EA's.
  • #11
  • Jul 31, 2008 6:20am Jul 31, 2008 6:20am
Quoting fry2010
Was it left to just run completely by itself?
And did it use martingale? From the looks of that chart it suddenly shot up way past the other EA's.
It's not martingale. You can see the discussion here http://championship.mql4.com/2007/us...ter/discussion

Some discussion about NN http://www.forexfactory.com/showthread.php?t=71007

More people are trying to make this kind of EA. It is not an easy task but it worth at the end.

Good thing about NN is the capability to LEARN.
  • #12
  • Jul 31, 2008 6:30am Jul 31, 2008 6:30am
thank you , thats answers my questions about the magic # Thanks again RR and fry.
  • #13
  • Aug 1, 2008 7:16am Aug 1, 2008 7:16am
No probs mate.
Quoting ydaudw
Good thing about NN is the capability to LEARN.
Sounds exciting. Id love to know how to make an EA learn. Its like Poker Robots. They have the ability to learn, and the expensive onces become very powerful.
Do you think the way it learns is by working out for example the typical move it would make on a retracement? as time goes by it gets a better idea of what its more likely to retrace? Things like that? Or maybe how price behaves around MA's? Again id love to make one of these, i have a few ideas of how id do it.
  • #14
  • Aug 1, 2008 7:38am Aug 1, 2008 7:38am
Quoting fry2010
No probs mate.

Sounds exciting. Id love to know how to make an EA learn. Its like Poker Robots. They have the ability to learn, and the expensive onces become very powerful.
Do you think the way it learns is by working out for example the typical move it would make on a retracement? as time goes by it gets a better idea of what its more likely to retrace? Things like that? Or maybe how price behaves around MA's? Again id love to make one of these, i have a few ideas of how id do it.

As I understand it, a NN has a running calculation determining the probability of an up or down movement. Certain patterns are given a higher probability.
  • #15
  • Last Post: Aug 1, 2008 8:24am Aug 1, 2008 8:24am
sounds complicated. It must use indicators or price to determine a kind of percentage as to the number of times before it moved up or down. So when a certain condition is met it will know that it has a ...% chance of it going up.
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