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The EA that destroyed the broker

  • #41
  • Dec 10, 2008 5:17pm Dec 10, 2008 5:17pm
I'm using FXDD open a trade immedatly
Time will tell if it makes pips
  • #42
  • Dec 10, 2008 5:24pm Dec 10, 2008 5:24pm
I'm running this on FxPro - Demo - US account. 1st couple of runs this morning when I first loaded the EA were perfect, same amazing results as were posted in post 1. Now this afternoon I run it again exact same parameters exact same TF, starting balance everything and I get horrible results. not sure what the problem is if nothing was changed. I've checked and double checked and reloaded it even.

After looking at the results for both the successful run and the failed runs this afternoon I found that all the orders were entered at the same exact time and there were the same amount of orders, but the entry prices were different so this obviously led to different results which were mostly negative. I don't understand how MT4 would load different historical prices throughout the day. Anyone know anything about this? or where I can get a standardized file of historical prices for FxPro as mine only go back to April 2007. Otherwise I am very impressed and being a coder myself I am interested in seeing the source but I understand if you don't want to release it as I feel the same way about a lot of my programs. Thanks!
  • #43
  • Edited Dec 11, 2008 6:56am Dec 10, 2008 5:32pm | Edited Dec 11, 2008 6:56am
Quoting rbrtsha
i will open up platform and then attach to eur/usd 1min chart after i change ts tp/sl and then about 1 minute after its attched a window comes up and says metatrader crashed and as soon as i close the window it shuts down metatrader and i have to open it back up
If you are using b220 of MT4 I don't know why mine works and yours crashes.


One problem I am having with my IBFX mini is the trailing stop. It does not work. I set TrailingStop=2. In this example I had UseFastTrail=1, but I also tried it set to 0 and it still did not work.

UPDATE:
Thanks to this post:
Quoting rbrtsha
i set mine at 5 and it works for trail stop
I tried 5 and when it worked I decreased by 1 until I got down to 3. After trying a TrailingStop of 2 and then 3 again I have determined that on a demo IBFX mini account 3 is the lowest number that will work for the TrailingStop setting. There were no error messages with 2. It just did not work.

IBFX mini's also need the Risk_percent multiplied 10X times to match FxPro. The two platform do not enter trades at the same time but it may just be feed differences. I am still looking at that.
  • #44
  • Dec 10, 2008 5:50pm Dec 10, 2008 5:50pm
alright so I just did some tests to try and solve my problem and noticed that everytime I load MT4 it loads a new history file, thus meaning different results every back test even if everything else is left untouched. Anyone know of a way around this? or how to get the most accurate history file?
  • #45
  • Dec 10, 2008 6:25pm Dec 10, 2008 6:25pm
sorry, but what i am missing here? The model wuality shows N/A, plus some experienced people (like Xaron for example that already posted here) says that this kind of backtest there is no value.

there is any reasong to get excited with it? I am not trying to attack. Id like to thanks Flash to share what he believes to be profitable. But i can't see reason to believe that it should be profitable.

i am running it (DEMO) since yesterday on 1H and the account is at -700.
  • #46
  • Dec 10, 2008 7:34pm Dec 10, 2008 7:34pm
good news...i was using build 211 so i downloaded build 220 and now its working and thanx everybody for the help!!!
  • #47
  • Dec 10, 2008 8:53pm Dec 10, 2008 8:53pm
Quoting nvwine
If you are using b220 of MT4 I don't know why mine works and yours crashes.


One problem I am having with my IBFX mini is the trailing stop. It does not work. I set TrailingStop=2. In this example I had UseFastTrail=1, but I also tried it set to...
you may not be able to use ts because i believe on mt4 minimum is 5 for an ea...i set mine at 5 and it works for trail stop
  • #48
  • Dec 11, 2008 11:28am Dec 11, 2008 11:28am
Todays update.....I only changed lot size to 1, cos I want to push this
EA to its limits.
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 229 KB
forexflash
  • #49
  • Dec 11, 2008 11:33am Dec 11, 2008 11:33am
Quoting FOREXflash
Todays update.....I only changed lot size to 1, cos I want to push this
EA to its limits.
What time frame do you use ?

Also as this EA trades on one pair only, you can implement a MM.
  • #50
  • Dec 11, 2008 11:48am Dec 11, 2008 11:48am
MM is already coded, but I disabled it!
I use 1 min TF.
Regards

....another update
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 144 KB
forexflash
  • #51
  • Dec 11, 2008 12:15pm Dec 11, 2008 12:15pm
Quoting FOREXflash
MM is already coded, but I disabled it!
I use 1 min TF.
Regards

....another update
What are the exact settings, specifically for trailing stop? I am
unable to turn a profit on my IBFX mini.

Rob
  • #52
  • Dec 11, 2008 12:27pm Dec 11, 2008 12:27pm
Quoting ChicagoRob
What are the exact settings, specifically for trailing stop? I am
unable to turn a profit on my IBFX mini.

Rob
I use original settings!
forexflash
  • #53
  • Dec 11, 2008 12:27pm Dec 11, 2008 12:27pm
I'm using a FxPro Demo with EUR/USD 1Min and default settings just like Forexflash but it's slowly bleeding to death... ^^
  • #54
  • Dec 11, 2008 12:30pm Dec 11, 2008 12:30pm
Guys give me some time cos this ea needs a lot of testing.....
when I optimize it to live stream, ill post a template here.
Im also trying to add some filter to code, but it will need time!
Regards
forexflash
  • #55
  • Dec 11, 2008 12:34pm Dec 11, 2008 12:34pm
This EA works in a TRENDING UP or DOWN market only, not a ranging or sideways market.
  • #56
  • Dec 11, 2008 12:38pm Dec 11, 2008 12:38pm
The market is always trending it only depends on how big your magnifying glasses are.
  • #57
  • Dec 11, 2008 12:40pm Dec 11, 2008 12:40pm
forexflash
  • #58
  • Dec 11, 2008 12:57pm Dec 11, 2008 12:57pm
Quoting forexarmy
alright so I just did some tests to try and solve my problem and noticed that everytime I load MT4 it loads a new history file, thus meaning different results every back test even if everything else is left untouched. Anyone know of a way around this? or how to get the most accurate history file?
I don't think that your problem is there. It is normal that MT4 reloads the history on each run, but the history is the same.
But anyway the same EA can give different results on the same history on different runs. And do you know why?
It is because there is one parameter that is not taken from history but from the current value: the spread.
So maybe the morning you had a spread of 2 and everything was fine and on the afternoon your spread is 3 and that makes a big change for a scalper.
But is results are so sensitive to the spread value, be very careful
  • #59
  • Dec 11, 2008 1:30pm Dec 11, 2008 1:30pm
It should be renamed to "The EA that destroyed your bank" now do yourselves a favour and put this one in the bin.

Check out the Profit/Loss statement now that the EURUSD is ranging.
Attached File(s)
File Type: zip DetailedStatement.zip   8 KB | 696 downloads
  • #60
  • Dec 11, 2008 2:23pm Dec 11, 2008 2:23pm
The only way is DOWN DOWN DOWN DOWN.

Is it April 1st ???

Attached File(s)
File Type: zip DetailedStatement.zip   8 KB | 437 downloads
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