Megamillions EAs

Hello FF,

Don't get too excited by the name of this thread.

I'm slowly learning how to program expert advisors.

I used a free web based ea creator to make
these two robots.

My goal was to create 2 expert advisors, that
could function better than some robots I've bought in the past.
(i've changed the names to protect the innocent.

for example:
Forex aito Polot - NO Stop Loss!!!! are you kidding!!!
FUP Tirbo - Only 80% wins on the scalping section, and the long
term strategy is a nightmare.
Stienitz HOS - Great robot, but doesn't work, again no stoplosss!!!
MOgIdroid - so far it's good, but only trades 1x per week.
I could tell you about 10 more.... but I won't.

Here is what I came Up with:
1) Megamillions Swing Trader EUR/JPY H1
2) Megamillions Scalper EUR/USD M5

the advisor's logic is totally based off of beginner's luck,
and although they test great for the past year, if you backtest past one year they don't work so well.

SO DON'T TRADE THESE WITH A LIVE ACCOUNT (unless you know what you are doing).

If there are any MT4 programmers that are bored (yeah right), I figured I would create a short wish list for these EAs to be modified.

1) MM - self changing Lot size
2) Start time/End time
3) Martingale option (for the days i'm feeling riskae)
4) The scalper needs help with exit logic - currently it's a hard SL
5) Spread Protection

Hope you all enjoy,

I have tried to replicate your results, to no avail. For example, the return on the EU M5 is -70%, although I have set the parameters precisely as shown on your attached reports. Any idea what the problem could be?

Thanks!

Daniel

'X' do you have 90% data?

yes, and I get a performance of -43% over the past 2 months?! Does it work for you?

Hi,

That is really bizarre. I just tested the last two months and here is what I got...

The only thing I can think of is maybe you have the lots too high for your level of margin? This is tested with FXDD 200:1 Margin.

Were your results identical for the EJ H1?

...

....

.....

......

Strange indeed! I followed your settings on the dot, yet, I can creepy results. It can't be related to the margin, I am on 1:200, too.

Anyout one there who has run into similar problems before where results on a EA were vastly different? Would appreciate any input.

Cheers!

Mismatched charts errors?

Only 8 on EJ, 0 on EU

I noticed some on mine.

also I noticed that on your EU test it only traded 2 times and then shut down, even though you had more money left in the account.

maybe try a small lot number just to see if it trades more than 2 times, or try starting from a date that is before or after the one you tried?

Don't waste too much time,

I have no idea why we get different results with different brokers.

i think i figured out the difference,

you are using a five digit broker, and i'm on a four digit.

that means that your sl and tp are 15 instead of 150....

try adding an extra zero to everything.

Hello PanguFX,
just for fun I tried your EA (the first one Megamillion EJ 1H) using your settings and your results seems to be replicable. The only thing I'm concerned whit is a lot of "OrderModify error 1" displayed in the Journal. May be the problem is related to the calculated Trailing stop because I noticed that such errors happen between a call to the Modify order and the next one, where the only thing changing is the TS.
E.G.
================
2009.09.07 16:46:11 2009.08.26 11:24 Megamillions EJ H1 EURJPY,H1: modify #82 sell 0.10 EURJPY at 134.76 sl: 134.64 tp: 133.76 ok
2009.09.07 16:46:11 2009.08.26 11:24 Megamillions EJ H1 EURJPY,H1: OrderModify error 1
2009.09.07 16:46:11 2009.08.26 11:24 Megamillions EJ H1 EURJPY,H1: OrderModify error 1
2009.09.07 16:46:11 2009.08.26 11:24 Megamillions EJ H1 EURJPY,H1: OrderModify error 1
2009.09.07 16:46:11 2009.08.26 11:24 Megamillions EJ H1 EURJPY,H1: modify #82 sell 0.10 EURJPY at 134.76 sl: 134.65 tp: 133.76 ok
================
As you can see the only change between the last command and the first one is the SL. from 134.65 to 134.64. May be the EA is tryng to send a calculated SL=134.645 and MT refuse such a value.
Could you please check that? Many thanks
Mimmo

Hi PanguFX,

Thanks for the hint. I did change the settings accordingly but still get a negative performance.

I am tired of backtesting and have doubts that the results are correct anyway. Since you have achieved an impressive performance, I don't see any reason why it shouldn't work for me, too. I am running your EA on a demo account and will soon see whether it works for me or not. Haven't got a single signal over the past couple of days, though.

Thanks so much! I'll keep you posted.

which robot is on demo?

I've had 6 trades on EU M5 for this week,
and 0 trades for EJ H1 so far for this week.

did you fix the 4 digit verses 5 digit broker problem?

talk to you soon,

Hello PanguFX,
what's about the Order modify error 1? have you got anything like that and what's the meaning?
Thanks
Mimmo

yes,
I get the same error,
I think its because the trail stop is pretty aggressive, If the price goes in your direction by 1pip the trail stop tries to modify the order.
Even with the errors, the EA still works.

I've stopped using the EU M5 Scalper.

I'm using the EJ H1 EA on a small live account, and it's working great so far.

I'm not a programmer, so I don't know how to fix the error.

happy trails to you (trend lines)...

Hi Pangu,

yeah, I fixed the 4/5 digits issue and have been running both EAs for 3 or 4 days without having had a single trade. Could well be that I switched on the EA just after a trade and since you have had only 6 last week, perhaps there wasn't one in the past few days?

Either way, I will keep it running for another week to see what the outcome is.

Thanks so much for your help!

Daniel