The Pouria EA Development Thread

Sundevil,

Go to interbankfx.com
Download the demo account for MT4.

That should do it.

BP

Thanks, I'm on my way there.

Ok, set it up so we're back in business. I made a small change this time. I set my TP at +10 and my SL is still at +50. We'll see what this does. Obviously one loss would be trouble, but from what I've seen, even in the one loss I've taken, it would have hit a +10 TP before heading away.

ive just changed all my settings to a tp of 10, but ive kept the sl at 20, i couldnt run a sl of 50 on a live account to high a risk ratio for a 10 pip gain. Lets see how we get on.

Mikhail,

This GBP sell trade entered early and did not seem to wait for the cross...if it would have entered at 1.9496 or close to where the 5ma crosses the 75/85, it could have come away with profit probably.....So, is there a way???

Or is the ea just set up this way and that is how the program works?

Thanks for any who comment.

BP

My gut tells me that SunDevil is right: TP 10 across the board.
Also that Raven is right: tight stops, even if it means some minor losses.

The EA v. 1.3 is attached to a 1HR AUDUSD chart. MinCrossDistance is set at 3 points. The 5 MA came from above and spent about 4 hours between the slower MA lines (never going below). Then it moved up 1 point above the upper MA - and the EA opened a long position. The price didn't cross up from below and it crossed only by 1 p. Could there still be a bug?

Hello everyone Ive also been forward testing version 1.3 and it has opened a couple of wrong trades. to let everyone know the most stable version is still beta 3.

I hate these bugs! LOL. I will clean the code again and release next version. I will work on beta 3. strip all the other features and only work on just eliminating false entries...

-Mikhail

I found the problem on V1.3... I put a (+) sign when it was supposed to be a (-). I took a long look at the code to make sure there were no longer any such stupid mistakes... All the features are in still intact but im almost certain there will no longer be false entires. In backtest its working as It should. Now we can finally focus on the strategy...

Thank you for your patience, hopefully this is the final version.

-Mikhail

Mikhail....you are great...

Thanks for your efforts!!!

BP

Hi everyone,

I got this order a few min ago on the brand new Pouria 1.4 version, which was not a valid entry (upper right corner)
5ma never crosses.
Anybody else got it?
the order was Buy EUR/JPY 158.12 and now is 15 pips down.
Mikhail, what could have happened????

Thanks.

I got the same order, which is now EVEN.

Correction, it just hit my TP for +15! Nice.

So, 15 of 16 for +173 pips.

Mine seemed to hit TP pretty quickly...

Did not look to see if any of the crosses did or did not happen.

Still in my AUDUSD and EURUSD trades though...

Both close to BE.

Goodnite,

BP

Yeah hopefully it was a winner, but I think it shouldn't have happened...

still struggling with AUD/USD : -22 so far...
EUR/GBP: -10
EUR/CHF; -6

will see you guys tomorrow morning...with overnight results

Take a rest...have a good night...

Its a valid entry. MACD dipped below zero then went back up... read post #1 to get better understanding

-Mikhail

-Mikhail

Good morning,

Mikhail, thanks for your answer,

According to post # 1 of THIS thread, it was a valid entry because it establishes one situation OR the other to get in the trade, that is a yellow line cross OR a MACD cross. having said that,
I believe that the trade should be based on a yellow line cross as 1st scenario and basic condition and the MACD cross as a confirmation to finally trigger the order.
Post # 1 of POURIA Method Thread by FOREXPERT says:

"SHORT: when the yellow line crosses the 2 red lines downward and get the confirmation from the MACD it has to be downward too
LONG: when the yellow line crosses the 2 red lines upward and get the confirmation from the MACD it has to be upward too"

I could have misunderstood, but I don't know if the system based in one situation OR the other can get the same result. Maybe we should ask Forexpert. What do you think?

Back in a few minutes with overnight results...

Thanks

Forexpert...or anyone for that matter...

GBPUSD seems to be a big loser for me....Here are my results with that pair since February 12th....

Feb 12th -- 2 trades ---+20, +20
Feb 13th--4 trades-----+20, -20, +20, +20
Feb 15th---2 trades----(-20), -20
Feb 20th---3 trades----(change stop loss to 50)-50, -50, +20
Feb 21st---2 trades----+20, -50

Net for GBP.....13 trades....6 profitable, 7 unprofitable
Net return = -110 pips

Any ideas from anyone would help me out.....

BP

I received a bad signal on the usd/chf last night...

but its there on all versions...anyone else get this?

Hi Mikaihl, i tried upgrading to1.4 but I get an X instead of a smiley face on the expert. Not sure if its working proper or not. Here is the log:

2007.02.21 09:36:27 Pouria EA V-1.4 GBPUSD,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 USDJPY,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 AUDUSD,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 USDCAD,H1: initialized
2007.02.21 09:36:27 Pouria EA V-1.4 EURUSD,H1: initialized
2007.02.21 09:36:19 Pouria EA V-1.4 USDCAD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 USDCAD,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 AUDUSD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 AUDUSD,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 USDJPY,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 USDJPY,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 GBPUSD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 GBPUSD,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 USDCHF,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 USDCHF,H1: loaded successfully
2007.02.21 09:36:19 Pouria EA V-1.4 EURUSD,H1 inputs: Expert_Name="---------- Pouria EA V1.4"; MagicNumber=1234; MinCrossDistance=3; StopLoss=20; TakeProfit=30; MA_StopLoss="---------- MA StopLoss Settings"; useMAStopLoss=true; MINStopLoss=20; MAXStopLoss=50; TS="---------- Modify Stop Settings"; TrailingStopType=1; TrailingStop=0; BreakEvenAfterPips=0; MACDfiler=true; ConfirmedOnEntry=false; Order_Setting="---------- Order Setting"; NumberOfTries=10; Slippage=5; Martingale_Options="---------- Martingale Options"; UseMartinga
2007.02.21 09:36:19 Pouria EA V-1.4 EURUSD,H1: loaded successfully

Here my results last night...

USD/CHF + 10 (post # 310)
EUR/JPY + 15
USD/CHF - 20 (wrong entry, a different one, not the one posted on # 310 which was already discussed)
EUR/JPY + 15 (2nd entry for this pair, not clear cross though)

AUD/USD - 40
EUR/GBP - 20
EUR/CHF + 20

Opened a few min ago...

USD/CAN: quick TP + 20

still open EUR/USD : - 8

Regards