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Attachments: Sterling Challenge 1
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Sterling Challenge 1

  • #61
  • Nov 11, 2008 11:39pm Nov 11, 2008 11:39pm
Hi! alex,

I had the same trouble too, just download build 220 version of MT4 and install it or update your MT4 to build 220

the version that was used to develop the EA is higher than your MT4 so it cannot handle the EA.

that was what I did and now I run the EAs successfully

thanks to timex83

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #62
  • Nov 12, 2008 2:49am Nov 12, 2008 2:49am
Out of 28 trades, only 2 were lost trade. Promising. Will this EA expire ?

Thanks
  • #63
  • Nov 12, 2008 3:15am Nov 12, 2008 3:15am
The EA is great but I think there be will a certain times when the loss is more than win trade.

So we need to be alert.
  • #64
  • Nov 12, 2008 3:20am Nov 12, 2008 3:20am
Quoting forex888
The EA is great but I think there be will a certain times when the loss is more than win trade.

So we need to be alert.
From 01/01/08 to 01/08/08 account grow from 10000 to 28000 then margin call.
  • #65
  • Nov 12, 2008 3:27am Nov 12, 2008 3:27am
Quoting Dezil
From 01/01/08 to 01/08/08 account grow from 10000 to 28000 then margin call.

I thought it equiped with auto stop loss? The stop loss setting is autimatic and not follow the system.
  • #66
  • Nov 12, 2008 3:51am Nov 12, 2008 3:51am
Quoting forex888
I thought it equiped with auto stop loss? The stop loss setting is autimatic and not follow the system.
I've made my own EA according to the rules, tried diffrerent filters, different SL. The result is the same-dramatical DD or margin call
  • #67
  • Nov 12, 2008 9:41am Nov 12, 2008 9:41am
Quoting msmsms
Out of 28 trades, only 2 were lost trade. Promising. Will this EA expire ?

Thanks
The EA no expire setting.

Thanks for your results. I just back from my hometown and not trade for today because I bring my laptop along and no internet connection.

Last trade from 10/11/08 and 11/11/08 results is 297pips.
  • #68
  • Nov 12, 2008 9:44am Nov 12, 2008 9:44am
Quoting Dezil
I've made my own EA according to the rules, tried diffrerent filters, different SL. The result is the same-dramatical DD or margin call
I did the comparison test, the forward test for the 2 days resulting a better results compare to the back tested the 90% modeling data.

Try it with yours.
  • #69
  • Nov 12, 2008 9:54am Nov 12, 2008 9:54am
I attached on to the above pair, it was a free fall just now, auto stop at 100 pips. Triggered long at 146.285 and sl at 145.285.

Now I know, sl is 100 pips.

Thanks.
  • #70
  • Nov 12, 2008 9:57am Nov 12, 2008 9:57am
I do not say that this system not profitabel - its profitable, but it can blow account on first strong trend. Even if live test is more profitable then backtests.

Quoting akukaya
I did the comparison test, the forward test for the 2 days resulting a better results compare to the back tested the 90% modeling data.

Try it with yours.
  • #71
  • Nov 12, 2008 5:59pm Nov 12, 2008 5:59pm
Quoting Dezil
I do not say that this system not profitabel - its profitable, but it can blow account on first strong trend. Even if live test is more profitable then backtests.
Hi guys,

With this system, if we keep it with 0.1 lots per trade, the margin call is not happen within a day.

1)Perhaps if we keep Closeall when come to end of a day and able to accept some loss, margin call can be avoided( same as idea from nanning bob from another thread)

2)I am looking for some good filter and someone had propose but I not try it yet.
  • #72
  • Nov 13, 2008 8:43am Nov 13, 2008 8:43am
Pls feedback your results. Today something wrong with the MT4.
Only EURUSD pop up from the list. My EA set also not executed till I am back from work.

I restart my laptop and everything fine back.

Immediate I try on EURUSD at M1, results are very good due to ranging market now.

Mine already 377 pips for 3 days trades.
  • #73
  • Nov 13, 2008 10:36am Nov 13, 2008 10:36am
Quoting akukaya
Pls feedback your results. Today something wrong with the MT4.
Only EURUSD pop up from the list. My EA set also not executed till I am back from work.

I restart my laptop and everything fine back.

Immediate I try on EURUSD at M1, results are very good due to ranging market now.

Mine already 377 pips for 3 days trades.
So far, 37 trades, only 2 are lost trades. Attached to GBP/USD and EUR/USD, will try to trade wih other 3 or 4 spreads pairs. I only on my laptop a few hrs a day. Will load to my VPS later if I am really satisfied with overall results. Haven't tried 1 min chart.Have you tried to use better filter, as you mentioned earlier in your posting?. Looking forward to your EA.Thank you very much.
  • #74
  • Nov 13, 2008 4:23pm Nov 13, 2008 4:23pm
Quoting msmsms
So far, 37 trades, only 2 are lost trades. Attached to GBP/USD and EUR/USD, will try to trade wih other 3 or 4 spreads pairs. I only on my laptop a few hrs a day. Will load to my VPS later if I am really satisfied with overall results. Haven't tried 1 min chart.Have you tried to use better filter, as you mentioned earlier in your posting?. Looking forward to your EA.Thank you very much.
I think this system needs a little more tweaking before it starts the challenge. Therefore the challenge wont start until Dec 1st. Trust me it has potential but it needs some good minds and tweaking before it has a chance. All in all a very good start tho. Let me know what you think everyone.

-Sterling
Founder of Day Trading Forex Live
  • #75
  • Nov 13, 2008 10:59pm Nov 13, 2008 10:59pm
Quoting stersuhr
I think this system needs a little more tweaking before it starts the challenge. Therefore the challenge wont start until Dec 1st. Trust me it has potential but it needs some good minds and tweaking before it has a chance. All in all a very good start tho. Let me know what you think everyone.

-Sterling
I want to tweak this system too, but the author don't want to share his "simple" EA (mq4 file).
  • #76
  • Edited 3:30am Nov 14, 2008 3:28am | Edited 3:30am
Quoting akukaya
Pls feedback your results. Today something wrong with the MT4.
Only EURUSD pop up from the list. My EA set also not executed till I am back from work.

I restart my laptop and everything fine back.

Immediate I try on EURUSD at M1, results are very good due to ranging market now.

Mine already 377 pips for 3 days trades.
Hi Akukaya
EA results very impressive. Put it on GBPUSD 15 min Chart on Nov 12th.
Results to 8:25 GMT 14th Nov
Wins 32
Lose 7
Net Pips = 372
Biggest Win 49 Pips
Biggest Loss 16 Pips


Well done, 78% win rate.

Cheers

Gavin
  • #77
  • Nov 14, 2008 3:58am Nov 14, 2008 3:58am
Out of 68 trades, 61 were profitable. Success rate 90%. Excellent. Mr Akukaya, appreciate your ideas.
  • #78
  • Nov 14, 2008 4:22am Nov 14, 2008 4:22am
I used sterling_challenge EA on the 13th of November till 14th of November though ON and OFF

the EA placed 9 trades

8 was profitable and

1 was a loss so far

I think at the moment the EA is still successful

But Pls give them a chance to tweak the EA so we can make it more profitable for all of us.

N.B. there is another RSI_EA on this thread which I think is very
complete cos of all the settings that it has, though I have not tested it.
John 3:16 - From THIS love no power on earth can me sever.
  • #79
  • Nov 14, 2008 11:24am Nov 14, 2008 11:24am
Hi Akukaya
Have been observing your EA for the last 30 minutes. The EA entered a trade on the GBPUSD as RSI 4 went up through the 70 line( I think) but price was rising fast and eventually had 3 trades open and all negative.

A possible filter could be either:
1. the rsi has got to make one or two lower low(s) before entering a trade.
OR
2. use a fast moving Stoch such as 5.3.3. and that has got to have crossed
down through the 80 line before entering trade.

.... but having said that I added the EA to more pairs this afternoon (UK) and it has made 175 pips for the day.... very impressive. Well done, it's pretty brilliant in a consolidating market.

Hope this helps
Cheers

Gavin
  • #80
  • Nov 14, 2008 4:40pm Nov 14, 2008 4:40pm
Can the Ea be perform in real account?
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