Moving Average EA - Tested Live on Interbank

So, just want to say this one more time. The code that is uploaded, was code that I was trying to work with FXDD. I don't use FXDD, and that's why I put it up. I was hoping people would be able to demo-test it etc, to see if it even worked.

The real code I use, is with IBFX and it is built for minis. If you start with $1000, it will start opening up with 4 mini-lots and work it's way up to 50 when it makes it that far.

But, I am no longer go to post on this thread. My objective was to just get some more testing done so that I could possbily fully release this for multiple platforms, but I was getting swamped with tons and tons of emails. Most of them people just asking for the source-etc. But yeah, I will post my IBFX mini one that I use for live accounts (it has not been doing well the past 3 days because of the channeling market, but before it started to channel so nicely it was skipping along). So, enjoy this last piece. Again, this upload is my real-life trading account program. It made me $19k in about a months time, so if anyone gets any use out of it (make sure you are using IBFX mini's), then be happy.

I can't take the time/stress with so many requests and questions. Sorry guys, enjoy the trading days.

P.S. The MM system is simply setup as such:
Lots=((MathRound(AccountFreeMargin()/LotsVariable)))

Basically, if you account has $1000 free and you put lots variable at 250, you will trade 4 lots. If you put it at $1000 it will trade just 1 lot. Simple as that. It auto adjusts with wins/losses, since if you lose money, it won't divide as many times, etc. Again, enjoy everyone. I am off.


P.S.S Again, this code is the code that got the "strategy tester" results from the first page. And it is the one that I actually live-trade with.

And a couple people have asked why I am leaving Interbank (sorry forgot to answer this question). The main reason I am leaving is because everytime I called them or ask something on the forums, I never get a response. It's just been very frustrating working with them, so I just wanted to move on.

Also, the lot size has caused a problem with me. Their max per-trade is only 50 (minis) and 100 (standards), and I didn't like that..I don't want to move to standard size lots yet, but want to be able to do more than 50 minis. FXDD and multiple other companies don't have that 50 lot limit, so I can greatly increase my returns with a larger lot amount. I made the 19K in one month, at $12500, my program was trading the 50lots maximum, so in reality I was losing money on trades because it could have opened more lots. Hope that makes sense.

Again, nothing horrible with Interbank. Just not setup, for support, and trading that way I would want them to be. Hope that answers the questions.

Tryed to backtest it and understood that EA opens only standart lots, not mini. Here is log from journal:
2007.02.22 09:56:492007.02.21 14:44 Tester: not enough money for sell 1.00 GBPUSD at 1.9511 sl: 2.0511 tp: 1.8511 [2007.02.21 14:44]

Thanks for sharing the EA.
I don't want to ruin nobody's retirement plans, but an EA that needs to be optimized over and over again after a certain amount of time is worthless. That's just my 2 cents.
Have fun everyone

I don't think being optimized once a month is too far of a stretch. If you think there is going to be an EA out there, that never has to be changed, no matter what under any condition, I am sorry to say that you will probably end up having huge losses during certain periods, or all at once.

The market changes forms. Volumes change, moods changes, news releases change, etc. So does an professional EA. Phoenix did great in the competition, but started to faulter in the 3rd month of competition, which he said would happen before the competition even started because he said it needed to be reoptimized once every month or so for changing market conditions.

During the holidays, people trade differently. During quarterly releases, people trade differently. If a system does well, all around the year, during every single change, without having to update, then I will probably claim it as a Holy Grail system, and I honestly hope someone has it. But, this sytem needs a montly update. If the montly update is done (takes about 1 day of computer time each month), the rest is completely automated. Don't know how much more you are wanting from an EA, but best of luck. :-/

Enjoy everyone and have a wonderful morning..The GBP/USD still seems to be in its channeling mood it has been stuck in for 2 weeks straight. Hopefully things will liven up with it soon enough.

Optimization is only ideal for an already profitable system. If you have a system that is profitable over a large sample of data, it might be ideal to optimize it so that it performs even better in the future. However, you can't take a losing system and then expect it to be profitable over the long run simply because you optimized it. If I were you, I would at least pull out your original investment of $1k, because there is a very good chance that you are going to eventually blow that account out if you leave this EA running.

Take an example of last two weeks! We had very good trends in january and early february, I think every trendfollower EA could make a lot of money in those times.
But *CLAP* suddenly the market changed, and gbp/usd is now siding like it hasn't since a long time. How can you prepare for this? Well, you can't.
Optimization would be good if market profile would evolve from your last sample (sample measured in days) but it does not. It just changes without any signs and you can't predict what will happen in March based on February's moves.
IMHO. But convince me that I'm wrong, please, because I would be the happiest person! It's just how I look at these things. It doesn't mean it's true!

Hello everybody!

I just wanted to say thanks for the work gone into this EA, and your free release to the public!

One thing to consider - to avoid blowing an account, if this EA can turn $1000 into $19,000 in one month, it's too easy to take out all profit at the end of each month. If you hit a stagnant (sideways) period and it blows your $1000, just wait for the trend to continue before you jump back in!

Just my .02pips worth...

D.

hey, asmocon would you post here your reoptimized versions? this seems to be doing pretty well so far. Just want to ask one question does it have like a maximum trades per day or does it trade whenever new signal comes along?

it is not working not sell not buy

I have 1000$ deposit
how can i put to trade only 0.1 or 0.2 lots?