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Show your best EA

  • #121
  • Sep 5, 2008 2:14pm Sep 5, 2008 2:14pm
It is not really rejected per se.....
It is the rules that make the Multicurrencies strategies (MCS) ineligible to the competition. MCS EAs if allowed will give the Neural Network(NN) EAs a run for the money. With MCS EAs, there will be less waiting time and more trading time because it constantly scan all the available pairs in the platform and trade accordingly. EAs in competition is good if it trades all the time than waiting for set up. That could have levelled the playing field with the NN based. Perhaps next year they will allow the MultiCurrency.
  • #122
  • Sep 5, 2008 2:54pm Sep 5, 2008 2:54pm
Oh ok I understand, thanx for clearing that up.
  • #123
  • Sep 5, 2008 11:39pm Sep 5, 2008 11:39pm
folks dont get me wrong.. am not a freeloader or such.. well.. i do indeed not have the capital to buy a commerical EA.. but i am very impressed with the ideal of auto trading.. will like to do so with a low value but live acc..

i have done some googling but not much success on freeware EAs.

The only one i found is phoenix. Am tempted to try but saw many mixed review of it.

Does anyone here know of a reasonable freeware EA ( risk is always there ! )
or point me to somewhere where i can read more about? apologies if my post is not welcomed. its just that everyone here seems to be well informed on this topic so i figured out this is the best place to ask,,
  • #124
  • Sep 6, 2008 4:31am Sep 6, 2008 4:31am
Quoting trading801
folks dont get me wrong.. am not a freeloader or such.. well.. i do indeed not have the capital to buy a commerical EA.. but i am very impressed with the ideal of auto trading.. will like to do so with a low value but live acc..

i have done some googling but not much success on freeware EAs.

The only one i found is phoenix. Am tempted to try but saw many mixed review of it.

Does anyone here know of a reasonable freeware EA ( risk is always there ! )
or point me to somewhere where i can read more about? apologies if my post is not welcomed. its just that everyone here seems to be well informed on this topic so i figured out this is the best place to ask,,
trading801,

I've attached an EA here.

You really should go to http://www.forexfactory.com/showthre...ht=daily95pips in order to get an idea of the strategy that led to its creation.

The guy who started that thread (Mikelath) demo tested his strategy from August 2007 to February 2008 and averaged 109 pips a week with it, though I'd imagine it would have been more had he only traded the 2 pairs that he discovered worked best along the way.

I just opened a live IBFX account last week. Am hoping the wire to fund the account will arrive Monday or Tuesday so I can contribute with some graphs here.

I've been running it on an IBFX demo and it's up 43% over a 3 week period.

Regards,
Jay
Attached File(s)
File Type: ex4 Daily95pips.0.4.ex4   12 KB | 1,148 downloads
File Type: mq4 Daily95pips.0.4.mq4   8 KB | 1,786 downloads
  • #125
  • Sep 6, 2008 7:40am Sep 6, 2008 7:40am
thanks jay!

will take a look...
  • #126
  • Sep 20, 2008 1:55am Sep 20, 2008 1:55am
May I know how your findings on the free EA above?

Hope some success.
  • #127
  • Mar 21, 2009 3:11pm Mar 21, 2009 3:11pm
here is the graph of my Hedging EA...also I have attached a section of my report to show how it hedges when it is necessary.

This EA has a really advanced hedging technique to help assure profit and attempt to prevent loss(has worked very well so far).

It has more than doubled my account in 3 months, it risks only 1% and targets 3% , usually makes about 6% profit per week on average. I think it will keep going like this as it does not require any specific market condition to make profit...it trades equally well in range or trend even through news etc.

it is 100% set and forget...I put it on my chart and have not touched it since then...it just keeps ticking over hitting profit week after week.

Low risk , good risk/reward ratio , constant and reliable profit in any market condition...what more could I want?!
Attached Image (click to enlarge)
Click to Enlarge Name: report example.PNG Size: 13 KB
Attached Image
  • #128
  • Mar 21, 2009 5:41pm Mar 21, 2009 5:41pm
[email protected]
  • #129
  • Mar 21, 2009 6:17pm Mar 21, 2009 6:17pm
Hmm...

Can you top 189 Billion?

Backtest, it, curve fit it, optimize it, do whatever you can to top 189 billion.
  • #130
  • Edited 3:35am Mar 22, 2009 3:22am | Edited 3:35am
Hi Ronald,
Im not a fan of back test for just that reason...the figures can be curve fitted, messed with etc... If you read the thread you will notice i repeatedly requested only forward testing preferably on live accounts but forward testing non the less.
I personally only post forward tests,Its the only test I trust.
  • #131
  • Mar 22, 2009 3:24am Mar 22, 2009 3:24am
Chinh,
I will email you but I recommend you remove your email Addy to prevent spam flooding your mailbox.
  • #132
  • Mar 22, 2009 3:39am Mar 22, 2009 3:39am
chinh,
I tried to email you but my mail gets rejected...so either activate your PM facility so I can PM you or maybe allow yourself to receive emails through FF...other than that maybe you can PM me with an alternate email address.
  • #133
  • Mar 22, 2009 9:08am Mar 22, 2009 9:08am
Quoting Trk
Hi Ronald,
Im not a fan of back test for just that reason...the figures can be curve fitted, messed with etc... If you read the thread you will notice i repeatedly requested only forward testing preferably on live accounts but forward testing non the less.
I personally only post forward tests,Its the only test I trust.
My apologies Trk, I had intended this to be more of a challenge. I don't claim to be trading this EA live. I figure if we can improve our backtesting and optimization techniques, we can develop an ea which can continually adjust itself based on how the market is changing.
  • #134
  • Mar 22, 2009 10:45am Mar 22, 2009 10:45am
Quoting Ronald Raygun
My apologies Trk, I had intended this to be more of a challenge. I don't claim to be trading this EA live. I figure if we can improve our backtesting and optimization techniques, we can develop an ea which can continually adjust itself based on how the market is changing.
No problems , I misunderstood...I respect your opinion and I am sure it has much merit. I just don't want this thread to be full of back tests and hypothetical results...

But your idea is a great one for a new thread.
  • #135
  • Mar 22, 2009 8:15pm Mar 22, 2009 8:15pm
hey TRK..did you share somewhere your hedging method? Dont mean the EA but the trading sys itself..
  • #136
  • Mar 23, 2009 1:40am Mar 23, 2009 1:40am
Quoting Postrock
hey TRK..did you share somewhere your hedging method? Dont mean the EA but the trading sys itself..
Hi Postrock,
To be honest I have not shared the method.
  • #137
  • Mar 23, 2009 12:30pm Mar 23, 2009 12:30pm
Quoting Trk
I only just managed to fund my new brokers account (I moved the account from FxPro to IBFX)
Trk, there is a particular reason you change broker?
I'm ready to go live and I have been using this 2 brokers on my demos accounts... any tips if one is better/reliable/honest then the other will be appreciated!

thx
dj
  • #138
  • Mar 23, 2009 2:20pm Mar 23, 2009 2:20pm
Quoting Ronald Raygun
Hmm...

Can you top 189 Billion?

Backtest, it, curve fit it, optimize it, do whatever you can to top 189 billion.
Sorry to say but that would be really easy. I just don't have need to do it.

(Just save all the history to an array and use it to open/close trades on optimal places with max leverage all the time)
  • #139
  • Mar 23, 2009 2:44pm Mar 23, 2009 2:44pm
Mikkom,
Thats quite an idea but I agree with you I don't think Id have the patience for that sort of an exercise...or the interest really, I am really only interested in making real dollars.
  • #140
  • Mar 23, 2009 2:58pm Mar 23, 2009 2:58pm
Quoting Trk
Mikkom,
Thats quite an idea but I agree with you I don't think Id have the patience for that sort of an exercise...or the interest really, I am really only interested in making real dollars.
So am I (well euros but anyway)

I'm finally automated myself too and quite excited about this (okay almost, took one discretionary trade today and lost some money), but since I have been running the EA only for about a week with real capital, I don't have pretty graphs and as this is a longer term EA so there will be pretty graphs only after half a year or something.. in fact 6 months is still statistically toally irrelevant so only at least couple of years is anything at all meaningful.

I know this isn't for backtests but this is what I'm now trading live with my hard earned cash and maybe with a bit bigger initial capital than some people here would use - here is my 20 year backtest of my live ea. Note that I tried to make this is as truthful as possible (with exception of risk based on initial capital) because it's the test I have to trust or otherwise I'll get hurt myself.. I'm trading this with all majors without any changes to parameters and all backtests look exactly like the one below.

(modeling quality is quite poor, I have better on alpari platform but the result is exactly the same - this is daily method)
Attached Image (click to enlarge)
Click to Enlarge Name: subra.gif Size: 9 KB
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