I know we are tweeking the EA and if you do not get any trades don't worry. I read somewhere in my Forex journey the "Cash is Position", it is better than a loser.
- #744
- Jun 4, 2009 3:06pm Jun 4, 2009 3:06pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
risky for what, we suppose to demo trade.
Please don't forget that the developement of this great EA is free and we depend on the good will of our coders an testers and don't want to abuse their exellent work.
It might take several months to get done what we think about, so be patient, with the time we will have an EA without any parameters to fill, just drag and play.
Please don't forget that the developement of this great EA is free and we depend on the good will of our coders an testers and don't want to abuse their exellent work.
It might take several months to get done what we think about, so be patient, with the time we will have an EA without any parameters to fill, just drag and play.
My comments in green
Visible TP / SL is already there in EA settings.
It should not default to zero in EA. It should be set to some default value(based on tf and pair) within EA if user forgets to set it. Leaving it at zero is too risky.
- #746
- Jun 4, 2009 4:35pm Jun 4, 2009 4:35pm
- Joined Aug 2008 | Status: Sharpen the Scalper Razor | 4,704 Posts
To get a serious answer on your question you need to post your set file and a screenshot, we still don't use crystal balls.
I have a quick question for xux or karun,
Today I noticed a trade that was triggered by the EA. Perfectly good entry but soon after went negative for few bars and when it came back to positive pips it got closed for very small profit. I do not have any settings that triggered this because the first time it went past that price range.
Any ideas why the EA is doing this? Perhaps i'm miss understanding some settings. I will post a chart and file later
risky for what, we suppose to demo trade.
Please don't forget that the developement of this great EA is free and we depend on the good will of our coders an testers and don't want to abuse their exellent work.
It might take several months to get done what we think about, so be patient, with the time we will have an EA without any parameters to fill, just drag and play.
- #751
- Jun 5, 2009 10:27am Jun 5, 2009 10:27am
I found my answer, one of my TP settings were set on 5 pip so it would rebound and get me 5 pips of profit. It seems to fix that problem. But we really do need one of those crystal balls! We can just give it a shake a day and bank those pips... 
On another good note... I notices lots of news hitting the market and after studying how the EA handled the news with the default before and after news setting of 10 mins. I have modified the before to 15mins and after to 5 mins. This will give the EA an early notice to stop for the 15 mins and after the news has formed a strong trend up or down it will soon trade it for atlease some pips, all depending on your entry settings ofcourse.
I'm getting really good results with this EA compared to all the other EAs I have tested in the past. I will run some more tests over the weekend and will be posting a new .set file on Monday around 5PM PST.
To get a serious answer on your question you need to post your set file and a screenshot, we still don't use crystal balls.
On another good note... I notices lots of news hitting the market and after studying how the EA handled the news with the default before and after news setting of 10 mins. I have modified the before to 15mins and after to 5 mins. This will give the EA an early notice to stop for the 15 mins and after the news has formed a strong trend up or down it will soon trade it for atlease some pips, all depending on your entry settings ofcourse.
I'm getting really good results with this EA compared to all the other EAs I have tested in the past. I will run some more tests over the weekend and will be posting a new .set file on Monday around 5PM PST.
I found my answer, one of my TP settings were set on 5 pip so it would rebound and get me 5 pips of profit. It seems to fix that problem. But we really do need one of those crystal balls! We can just give it a shake a day and bank those pips...
On another good note... I notices lots of news hitting the market and after studying how the EA handled the news with the default before and after news setting of 10 mins. I have modified the before to 15mins and after to 5 mins. This will give the EA an early notice to stop for the 15 mins and...
being able to run all those pairs and still have the indicators turned on? I tried on about 8 pairs and the memory usage went to 500k.Also on another note regarding fixed sl and tp, I had an incident that happened last night.At one point during the night, I lost power in the house when I came it came back on, I had lost a lot on the trades.I am going to try with 100 pips visible sl and tp.I really love the hidden feature of the program, but not sure how to take into account of not having a real sl or tp visible in case of a power failure.
I found my answer, one of my TP settings were set on 5 pip so it would rebound and get me 5 pips of profit. It seems to fix that problem. But we really do need one of those crystal balls! We can just give it a shake a day and bank those pips...
On another good note... I notices lots of news hitting the market and after studying how the EA handled the news with the default before and after news setting of 10 mins. I have modified the before to 15mins and after to 5 mins. This will give the EA an early notice to stop for the 15 mins and...
Here are my results from the first week of testing.
-----------------------------------------------------------------------
EURCHF 5min. This one didnt go well. A string of 24 losses in a row ( can anyone beat that!). Had a go at changing the set file on Wed and things did improve.
Summary 12% winning trades. Loss -1900.
------------------------------------------------------------------------
EURCHF 15min. only 4 trades 2 small losses & 2 bigger winners - so small profit. Due to some settings this didnt start trading until Wed.
Summary 50% wins. Profit +163
----------------------------------------------------------------------
Also been testing EURUSD 15min. This is my most successful test. 15 wins in a row and +500 until a news event last night. 16th transactions was BIG loss -1000. I need to set news = true....
Summary 95% winning trades. Loss -500.
----------------------------------------------------------------------
Will carry on next week and try and improve - particularly that 5min t/f
All the Best
Wacky Racer
-----------------------------------------------------------------------
EURCHF 5min. This one didnt go well. A string of 24 losses in a row ( can anyone beat that!). Had a go at changing the set file on Wed and things did improve.
Summary 12% winning trades. Loss -1900.
------------------------------------------------------------------------
EURCHF 15min. only 4 trades 2 small losses & 2 bigger winners - so small profit. Due to some settings this didnt start trading until Wed.
Summary 50% wins. Profit +163
----------------------------------------------------------------------
Also been testing EURUSD 15min. This is my most successful test. 15 wins in a row and +500 until a news event last night. 16th transactions was BIG loss -1000. I need to set news = true....
Summary 95% winning trades. Loss -500.
----------------------------------------------------------------------
Will carry on next week and try and improve - particularly that 5min t/f
All the Best
Wacky Racer