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100 x 80 EA oh boy

  • #161
  • Nov 11, 2008 3:58am Nov 11, 2008 3:58am
Quoting goLanago
Thank you very much for your interesting EA. im runnig it on 3 different platforms.
By accident i run EA on Alpari UK with original setting. Now Alpari has 5 decimal digits which means i had to change TP from 100 to 1000 and re-entry from 80 to 800. i did not know that and got 10pips TP. As a result I closed my EA at 8am EST with almost $2000.00 profit.
Pairs EURCHF EURJPY EURUSD GBPUSD AUDJPY USDCHF AUDCAD AUDCHF
Very interesting..Somewhere this crossed my mind but scary proposition this 10 X 8 EA!
"Put all your efforts in becoming effortless"
  • #162
  • Nov 11, 2008 4:18am Nov 11, 2008 4:18am
Quoting IamTHAT
Very interesting..Somewhere this crossed my mind but scary proposition this 10 X 8 EA!
I tried a 15x5 once and made good money then WHAM big market move and account cleaned out. I had pulled my origianal money out so i didnt lose money but it was disappointing. Used the eur/jpy of all things. Yesterday and today good days for that but one big move and it blows up on you. Trade currencies in their off hours and these type of EAs work but you ahve to be there. I cannot since I am at work 10 hours a day.

I am experimenting with an ea of a range of 200 but trading in off hours. Working so far.
  • #163
  • Nov 11, 2008 4:44am Nov 11, 2008 4:44am
how do i get the ea's to start working?

ive loaded the profile and everything? they are greyed out?
Attached Image (click to enlarge)
Click to Enlarge Name: problem.JPG Size: 73 KB
Grabbing the bull by the horns!
  • #164
  • Nov 11, 2008 4:55am Nov 11, 2008 4:55am
whitegoodman, nice avatar
  • #165
  • Nov 11, 2008 5:37am Nov 11, 2008 5:37am
Closed for today at 8amEST. Almost double my accnt.
DD was around $1300.00 for a short time.
Attached Image (click to enlarge)
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  • #166
  • Nov 11, 2008 6:52am Nov 11, 2008 6:52am
Hello Bob. When I set up a 10K standard account and clicked on the profiles folder, the daily charts populated with "m" after the pairs. Do you have a different setup that would allow a standard account starting with .01 lots? Thank you for sharing your work and I look forward to testing with the rest of the members.

PC
  • #167
  • Nov 11, 2008 7:04am Nov 11, 2008 7:04am
Quoting goLanago
Closed for today at 8amEST. Almost double my accnt.
DD was around $1300.00 for a short time.
Haha, well if that is the way you want to trade then it seems to be working. Very high risk in my book though, you really open yourself up to any major price drop/gain and the effects are felt immediantly. If I was trading this way live I'd be even quicker to take out my funds once my account was doubled, hehe.
  • #168
  • Nov 11, 2008 7:10am Nov 11, 2008 7:10am
Quoting whitegoodman
how do i get the ea's to start working?

ive loaded the profile and everything? they are greyed out?
Right click on the grey part, click on modify, this will open up the editor, On the top there is a button that says compile, click on compile and that should compile the program. That should work. If not hmmmmm.............
  • #169
  • Nov 11, 2008 7:13am Nov 11, 2008 7:13am
Quoting Pip Chaser
Hello Bob. When I set up a 10K standard account and clicked on the profiles folder, the daily charts populated with "m" after the pairs. Do you have a different setup that would allow a standard account starting with .01 lots? Thank you for sharing your work and I look forward to testing with the rest of the members.

PC
A standard account should run trading dimes instead of pennies. The profile was set as a m for micro. You can set up your charts and just drag the EA onto it. It should work. Set up under a different profile. If you have problems write back and I will set up a different profile for you.
  • #170
  • Nov 11, 2008 8:26am Nov 11, 2008 8:26am
If we keep multiplication factor at 1.0, will it adversely affect the profitability of the system? If fractional lots like 0.12 etc.are not allowed with my broker, what is the way out?
"Put all your efforts in becoming effortless"
  • #171
  • Edited 5:01pm Nov 11, 2008 3:39pm | Edited 5:01pm
Quoting nanningbob
Right click on the grey part, click on modify, this will open up the editor, On the top there is a button that says compile, click on compile and that should compile the program. That should work. If not hmmmmm.............
dont worry about it im an idiot, didnt have expert advisor clicked on at the top.

But in turn i have another issue, alot of the charts dont have the 825 pip stop loss and dont really look like the charts you posted earlier on, for example, some have two green lines, some only have 1 heaps 'far away' red line instead of the two, some have no 'far away' red lines...

im probably not explaining myself well, ill post some screenshots tonight when i get home from work, ive left the system on all day on my demo, should be interesting to see when i get home...

its probably meant to be this way, im jsut a novice and new to mt4 and forex in general...be kind to us young forexers
Grabbing the bull by the horns!
  • #172
  • Edited 7:15pm Nov 11, 2008 5:15pm | Edited 7:15pm
Quoting IamTHAT
If we keep multiplication factor at 1.0, will it adversely affect the profitability of the system? If fractional lots like 0.12 etc.are not allowed with my broker, what is the way out?
At 1x you would always been trading the same amount of lots 1x1=1 haha.

So... if you were at levels like 3-4+ then you would be taking big losses.
  • #173
  • Nov 11, 2008 6:23pm Nov 11, 2008 6:23pm
Quoting IamTHAT
If we keep multiplication factor at 1.0, will it adversely affect the profitability of the system? If fractional lots like 0.12 etc.are not allowed with my broker, what is the way out?
Is either x1 or 1.5x or x2 for u. However, x1 makes no sense at all.
  • #174
  • Nov 11, 2008 8:13pm Nov 11, 2008 8:13pm
Quoting Verto
At 1x you would always been trading the same amount of lots 1x1=1 haha.

So... if you were at levels like 3-4+ then you would be taking big losses.
Got you, Thanks.
"Put all your efforts in becoming effortless"
  • #175
  • Nov 12, 2008 2:58am Nov 12, 2008 2:58am
Quoting IamTHAT
If we keep multiplication factor at 1.0, will it adversely affect the profitability of the system? If fractional lots like 0.12 etc.are not allowed with my broker, what is the way out?
yes it will affect it. No profitablilty. 1x1=1x1=1x1=1
  • #176
  • Nov 12, 2008 4:01am Nov 12, 2008 4:01am
i kept the EAs running since 6 Nov 08 and here's the result; when the lot reach its max, it resets to 0.01; floating loss now is -$65, profit $421;

i supposed it will blow up one day??
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #177
  • Nov 12, 2008 4:03am Nov 12, 2008 4:03am
Quoting nanningbob
yes it will affect it. No profitablilty. 1x1=1x1=1x1=1
Thank you for your patient replies all along.
After running this EA whole day with various pairs and setting on many platform, now I am beginning to understand how it works.

I would like to go live with a $300 IBFX mini account, but scared after seeing the no of lots open at times, I am really scared.

Now I am experimenting 12 x 8 EA on all JPY pairs expecting total mayhem. Surprisingly it is chugging along beautifully churning out profits like mad. I don't know how long it will last! It reaches all 10 levels and nice to see 25.60 lots open at a time for 12pips!
"Put all your efforts in becoming effortless"
  • #178
  • Nov 12, 2008 4:04am Nov 12, 2008 4:04am
Quoting IamTHAT
Thank you for your patient replies all along.
After running this EA whole day with various pairs and setting on many platform, now I am beginning to understand how it works.

I would like to go live with a $300 IBFX mini account, but scared after seeing the no of lots open at times, I am really scared.

Now I am experimenting 12 x 8 EA on all JPY pairs expecting total mayhem. Surprisingly it is chugging along beautifully churning out profits like mad. I don't know how long it will last! It reaches all 10 levels and nice to see 25.60 lots open at a time for 12pips!
That just scares me, haha.
  • #179
  • Nov 12, 2008 4:09am Nov 12, 2008 4:09am
Quoting ronaldosim
i kept the EAs running since 6 Nov 08 and here's the result; when the lot reach its max, it resets to 0.01; floating loss now is -$65, profit $421;

i supposed it will blow up one day??
Which pairs are you using? What is the maximum loss you came across any time during this run?
"Put all your efforts in becoming effortless"
  • #180
  • Nov 12, 2008 4:13am Nov 12, 2008 4:13am
Quoting ronaldosim
i kept the EAs running since 6 Nov 08 and here's the result; when the lot reach its max, it resets to 0.01; floating loss now is -$65, profit $421;

i supposed it will blow up one day??
how do you set a lot or profit max so it resets?
Grabbing the bull by the horns!
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