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My 1st EA.....Aww bless

  • #81
  • Oct 28, 2009 5:24pm Oct 28, 2009 5:24pm
Quoting stevegee58
By extra digit you mean 5 digits for what's normally a 4 digit? On my IBFX demo and live accounts I deliberately *don't* use 5 digits and only set up using 4 digits. This may be why it doesn't work.
Hi

It seems some brokers express price 1 extra decimal further then others. These are the one that the EA is working on.
For instance I could not get the EA to work on my FXDD (less decimals) account. When I attached it to Alpari (more decimals) it started working right away.

Happy pippin!
  • #82
  • Oct 29, 2009 12:58am Oct 29, 2009 12:58am
Thank you Ben ! for sharing your EA with us!!

I think you got the right idea, most EA and systems in this forum is usually like this: 1:1 P/L ratio, and try to win via probability. Some systems even win small and lose big ! And yet so many people fall for that.

Your system on the other hand bet small and try to win big, your target p/l ratio is like 15:1. So my question is what is your average wining ratio? the second question is what is your Maximum TP/SL that gives you the maximized winning ratio?

I am looking forward to your reply
  • #83
  • Oct 29, 2009 7:14am Oct 29, 2009 7:14am
Quoting khaos420
Thank you Ben ! for sharing your EA with us!!

I think you got the right idea, most EA and systems in this forum is usually like this: 1:1 P/L ratio, and try to win via probability. Some systems even win small and lose big ! And yet so many people fall for that.

Your system on the other hand bet small and try to win big, your target p/l ratio is like 15:1. So my question is what is your average wining ratio? the second question is what is your Maximum TP/SL that gives you the maximized winning ratio?

I am looking forward to your reply
You are welcome, the ratio is wahatever you set it at, the ea "stacks" trades when in profit and catches big moves for huge gains which are risk free once you get to the 2nd level.
Also remember the "re-entry" side of the EA, it works in a martingale style but you restrict it to how many levels deep you are prepared to go rather than leaving yourself open to a martingale death trade.
The winning trade ratio for a "set" of trades is 100% for october so far, if you look at the history listed by the time they closed you will see they are in "sets" and although some are losses, the sets close together for a nett profit.
  • #84
  • Oct 29, 2009 4:16pm Oct 29, 2009 4:16pm
  •  Porky
  • | Joined Jun 2009 | Status: ...as in Porcupine, not the pig. | 34 Posts
Hey Ben,
Nice work on this EA. Your results speak for themselves. The real genius is in the stacking. I see you are actually in negative pips but positive money.

I am not clear on how the stacking functions. I looked at your trades but because the EA changes the SL it is hard to tell just what has gone on. I will run a demo to see what I can deduce.

I am using FXDD. I don't see how it will accept a TP of 0.01500 and a SL of 0.00100 in the settings. Do you mean a TP of 150 pips and 10 pip stoploss?

Thanks.
I hope this works out for you.
  • #85
  • Oct 29, 2009 5:05pm Oct 29, 2009 5:05pm
Quoting Porky
Hey Ben,
Nice work on this EA. Your results speak for themselves. The real genius is in the stacking. I see you are actually in negative pips but positive money.

I am not clear on how the stacking functions. I looked at your trades but because the EA changes the SL it is hard to tell just what has gone on. I will run a demo to see what I can deduce.

I am using FXDD. I don't see how it will accept a TP of 0.01500 and a SL of 0.00100 in the settings. Do you mean a TP of 150 pips and 10 pip stoploss?

Thanks.
I hope this works out for you.
yes, 0.015 is 150 pips, and 0.001 is 10 pips, i did it this way for 2 reasons, it should work on a 4 or 5 digit broker and i didnt know how to code it to convert it
  • #86
  • Oct 30, 2009 7:28am Oct 30, 2009 7:28am
I think the EA needs a rule to stop it opening fresh sets of trades at Thursday midnight so it can wind up the few remaining trades over the course of Firday and reduce weekend gap risk.
  • #87
  • Oct 30, 2009 7:58am Oct 30, 2009 7:58am
This shows how profit is locked in there's a 2nd and 3rd level now on different pairs, I love this method!!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: locked in.gif Size: 27 KB
Click to Enlarge Name: locked in3.gif Size: 27 KB
  • #88
  • Oct 30, 2009 8:05am Oct 30, 2009 8:05am
Wow, I see Matt's version beta test is up 80% this month. Does he have a set file somewhere? And has anyone gotten this to work on IBFX yet?
  • #89
  • Oct 30, 2009 8:12am Oct 30, 2009 8:12am
Quoting Dreamliner
Wow, I see Matt's version beta test is up 80% this month. Does he have a set file somewhere? And has anyone gotten this to work on IBFX yet?
Dont get too excited by the settings on Matt's version, I purposely set it volotile to see how it copes, but yes it is looking nice. It will either make huge amounts or lose it all, but it gives me an idea of limitations of the system.

it running tp350, pips 100, sl30, 1.5 multi
then the 2nd set of settings, sl600, dpips 30, tp30, multi 2.5, 3 extra orders

and FFS dont trade that live, as Matts version is also on a coin toss entry, not the MA im using, but he said he will add it
  • #90
  • Oct 30, 2009 8:53am Oct 30, 2009 8:53am
I have been running the EA for a day on IBXF and so far all it is doing is losing trades. Waiting for it to turn around.
  • #91
  • Oct 30, 2009 8:53am Oct 30, 2009 8:53am
Quoting gerry berard
I have been running the EA for a day on IBXF and so far all it is doing is losing trades. Waiting for it to turn around.
you've done well, others couldnt get it open anything at all on IBFX
  • #92
  • Oct 30, 2009 8:54am Oct 30, 2009 8:54am
Hi Ben.

any particular pairs you like best on this system???
  • #93
  • Oct 30, 2009 8:55am Oct 30, 2009 8:55am
Quoting gerry berard
Hi Ben.

any particular pairs you like best on this system???
for the grail on my signature stats i just picked all the ones with spread lower than 4 and tried not to duplicate too much like only 2 jpy pairs, not all available jpy pairs
  • #94
  • Oct 30, 2009 9:02am Oct 30, 2009 9:02am
Ben. My spreads are too high on IBFX so I will open a new account on the same broker that you use.Alpari.

Thanks I will keep you updated with my new results.
  • #95
  • Oct 30, 2009 9:11am Oct 30, 2009 9:11am
  •  Porky
  • | Joined Jun 2009 | Status: ...as in Porcupine, not the pig. | 34 Posts
I have it running on FXDD and it is opening trades okay.

Ben, are you still running it on an M1 chart? Looking at the trades it has been opening for me, it seems rather random. Of course wouldn't you expect that on an M1 chart? I mean, how much of a MA signal can you get from from M1? It seems to be a coin toss.

I have gotten only false starts - losers so far. I opened up the initial SL to 30 pips because I kept getting kicked out on random noise. We will see where that goes.

I also have noticed that if you make changes to the system (such as jump between time frames) it will start over and open new trades based on the MA rather that the stacking. I will keep an eye on it.

I think you have a something going here on the stacking. It is like averaging up (rather than down) which according to twoblink makes mathematical sense. www.forexfactory.com/showthread.php?t=201100
  • #96
  • Oct 30, 2009 9:21am Oct 30, 2009 9:21am
Your initial sl need to be more than dpips value, the method re-enters when you are negative pips

Quoting Porky
I have it running on FXDD and it is opening trades okay.

Ben, are you still running it on an M1 chart? Looking at the trades it has been opening for me, it seems rather random. Of course wouldn't you expect that on an M1 chart? I mean, how much of a MA signal can you get from from M1? It seems to be a coin toss.

I have gotten only false starts - losers so far. I opened up the initial SL to 30 pips because I kept getting kicked out on random noise. We will see where that goes.

I also have noticed that if you make changes to the system (such as...
  • #97
  • Oct 30, 2009 9:48am Oct 30, 2009 9:48am
  •  Porky
  • | Joined Jun 2009 | Status: ...as in Porcupine, not the pig. | 34 Posts
Quoting BenScoobert
Your initial sl need to be more than dpips value, the method re-enters when you are negative pips
"dpips"? Why do you call it that? (Are we running the same EA? My EA says it is named "profitable")
I think I know what you are saying and it is a good point. I will make the adjustments.

Is there a way to force open a trade and then have the EA take over on the SL and stacking?
  • #98
  • Oct 30, 2009 10:02am Oct 30, 2009 10:02am
Quoting Porky
"dpips"? Why do you call it that? (Are we running the same EA? My EA says it is named "profitable")
I think I know what you are saying and it is a good point. I will make the adjustments.

Is there a way to force open a trade and then have the EA take over on the SL and stacking?
do you ahve the ea from this thread or the other?
  • #99
  • Oct 30, 2009 10:03am Oct 30, 2009 10:03am
Quoting IllegalOps
yo... manage to find ur EA from ur signature.. the file name is it called THE_EA.ex4? I know how to let it run... but what time frame do i set it? is it suitable for all time frame? so i just let it run and do not need to do anything?
to quote a fellow member
  • #100
  • Oct 30, 2009 10:14am Oct 30, 2009 10:14am
  •  Porky
  • | Joined Jun 2009 | Status: ...as in Porcupine, not the pig. | 34 Posts
Quoting BenScoobert
do you ahve the ea from this thread or the other?
I am using the one from this thread on your first post. It is still there and called "profitable". So I have the wrong one?
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