Great EA. Anyone interested in forward testing? | Page 2 | Forex Factory

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Great EA. Anyone interested in forward testing?

  • #21
  • Sep 20, 2008 9:15pm Sep 20, 2008 9:15pm
Could we get the source too?
  • #22
  • Sep 20, 2008 9:15pm Sep 20, 2008 9:15pm
On the other pictures the graph does that look so nice in the end but I think that's just because the lot sizes gets too big. Here is a test from 2000 to today starting at $1000 with a lot size of 5 %. You probably can't see the numbers but it ended at close to a million.

http://img89.imageshack.us/img89/4922/unavngivetmn5.jpg
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #23
  • Sep 20, 2008 9:17pm Sep 20, 2008 9:17pm
Quoting tdion
Could we get the source too?
Yes. What is the compra and venda variables for? It does not look like anything is changed when I set them to false.
Attached File(s)
File Type: mq4 EURGBP_King.mq4   3 KB | 735 downloads
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #24
  • Sep 20, 2008 9:21pm Sep 20, 2008 9:21pm
Thanks.
  • #25
  • Sep 20, 2008 9:22pm Sep 20, 2008 9:22pm
Quoting Gambler180
Yes. What is the compra and venda variables for?
compra toggles the buy on and off
venda toggles the sell on and off.

The logic causes the buy and sell to alternate.

Needs to be true to begin They really should be set as non extern
  • #26
  • Sep 20, 2008 9:30pm Sep 20, 2008 9:30pm
Quoting Gambler180
Yes. What is the compra and venda variables for? It does not look like anything is changed when I set them to false.
Ther very first trade may be altered under certain conditions of the RSI, but then the next cycle will be normal.
  • #27
  • Sep 20, 2008 9:31pm Sep 20, 2008 9:31pm
It looks like a simple RSI-based EA.

The EA manages only one trade at a time.

It looks like it's designed to an alternating buy/sell EA.

Compra is Buy
Venda is Sell

There is also a time limit function thing. To restrict trading hours.


So, if the RSI is greater than 70, a Sell is opened
If the RSI is less than 30, a Buy is opened.

If the RSI falls between 40 and 60, then the EA resets itself and is open for both buys and sells.
  • #28
  • Sep 20, 2008 9:32pm Sep 20, 2008 9:32pm
Quoting smjones
compra toggles the buy on and off
venda toggles the sell on and off.

The logic causes the buy and sell to alternate.

Needs to be true to begin They really should be set as non extern
Edit

Okay. It doesn't look like the variables works. I get both buy and sell orders no matter which setting I use.

Quoting smjones
Ther very first trade may be altered under certain conditions of the RSI, but then the next cycle will be normal
Okay. Then that's why I didn't see the big difference.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #29
  • Sep 20, 2008 9:34pm Sep 20, 2008 9:34pm
Quoting Gambler180
Okay. It doesn't look like the variables works. I get both buy and sell orders no matter which setting I use.
Yes, that is one of the reasons I am saying they should not be external varables and just be declared globally.
  • #30
  • Sep 20, 2008 9:36pm Sep 20, 2008 9:36pm
Did you only want this tested on EURGBP, or on other pairs as well? what timeframe? Maybe you could just quickly post a chart and then it would be clear what you want. thanks much
  • #31
  • Sep 20, 2008 9:37pm Sep 20, 2008 9:37pm
Quoting tdion
Thanks.
What do you think? Is this the real thing?
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #32
  • Sep 20, 2008 9:37pm Sep 20, 2008 9:37pm
Quoting Ronald Raygun
Just curious, why didn't you post the EA on the thread?

Good question RR.
  • #33
  • Sep 20, 2008 9:37pm Sep 20, 2008 9:37pm
smjones:

Do you know what this line of code is for?
Inserted Code
IN = NormalizeDouble(AccountFreeMargin() / 2500,2);

I don't see any other reference to it in the code.
  • #34
  • Sep 20, 2008 9:40pm Sep 20, 2008 9:40pm
Quoting Gambler180
What do you think? Is this the real thing?
To be honest, I have never seen a indicator based system be the real thing, but who knows, maybe you have found something. It is certainly worth looking at. I try to trade from the right side of the chart though, not the left. This is good, because I am already some what skeptical, which is a good thing for a test.
  • #35
  • Sep 20, 2008 9:44pm Sep 20, 2008 9:44pm
Quoting Ronald Raygun
smjones:

Do you know what this line of code is for?
Inserted Code
IN = NormalizeDouble(AccountFreeMargin() / 2500,2);

I don't see any other reference to it in the code.
This Ea is a bit sloppy and It was thinking this is a hold over of an idea the author may have had, but you are right it is just declared and nothing more than that.

Here is another part that bothers me.

double free;
if (AccountFreeMargin() < free * 1500.0) return(0);

In this case free will always be 0, so what is the point of the code.
  • #36
  • Sep 20, 2008 9:44pm Sep 20, 2008 9:44pm
Quoting smjones
To be honest, I have never seen a indicator based system be the real thing, but who knows, maybe you have found something. It is certainly worth looking at. I try to trade from the right side of the chart though, not the left. This is good, because I am already some what skeptical, which is a good thing for a test.

RR, smjones and nvwine,

You guys are the experts. I have downloaded this EA but will only test it if you guys will advise it is safe to do so.

Thanks

Dan
  • #37
  • Sep 20, 2008 9:46pm Sep 20, 2008 9:46pm
Quoting andante9
RR, smjones and nvwine,

You guys are the experts. I have downloaded this EA but will only test it if you guys will advise it is safe to do so.

Thanks

Dan
My recommend is only on DEMO The testing won't hurt anything.
  • #38
  • Sep 20, 2008 9:49pm Sep 20, 2008 9:49pm
Quoting smjones
My recommend is only on DEMO The testing won't hurt anything.
Thank you.
  • #39
  • Edited 10:01pm Sep 20, 2008 9:51pm | Edited 10:01pm
Gambler

If you can advise me on the settings you think may work, I can forward test on FXDD. BTW what time frame have you backtested?
  • #40
  • Sep 20, 2008 10:06pm Sep 20, 2008 10:06pm
Hey Tdion, you know this EA if you think about it.
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