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My 1st EA.....Aww bless

  • #141
  • Nov 4, 2009 4:40pm Nov 4, 2009 4:40pm
Thanks Ben for the EA just loaded it on and am wondering which time period is the best for trading. I have run through the thread and there has been a few different ones used, M1, M15 etc.

Which do you like the best and which currency have you found that it works best on.....

Thanks Mate
  • #142
  • Nov 4, 2009 5:58pm Nov 4, 2009 5:58pm
I ran a demo test on Ben's EA last week using the trend method w/o reversal on the M5 and m15 chart with ten pairs having less than 4 spread.

The M15 substantially outperformed the M5 which was about flat at weekend.

Yesterday I started two charts, same ten pairs, both charts on M15. One chart is trending and the other is with reversal setting (the default). So far the reversal default setting is winning! It's made 27 full trades and has one open position where both closed and open are plus.

The other chart using regular is losing a little.

Regarding the previous post comparing "The EA" to Matt's "Crazy" looks like the user misunderstood the two versions to be the same EA. Really, Ben has given what to me is a very valuable tool to the community.

Matt, with Ben's permission, took The EA as a base and made it into "Matt's Crazy Pyramid" which is similar but yet a new approach on Ben's Robot. Frankly, I was happy to pay to receive Matt's Robot since "The EA" is working profitably for me and by joining Matt gives the user access to 14 other free EA's plus any in the future! What a deal! Just try to get that one anywhere else online or offline! These gentlemen are most ethical and reliable.....not to mention talented and generous to boot!

Atlas1
  • #143
  • Nov 4, 2009 6:02pm Nov 4, 2009 6:02pm
ta thanks for the update!!!
  • #144
  • Nov 4, 2009 6:12pm Nov 4, 2009 6:12pm
Quoting Atlas1
I ran a demo test on Ben's EA last week using the trend method w/o reversal on the M5 and m15 chart with ten pairs having less than 4 spread.

The M15 substantially outperformed the M5 which was about flat at weekend.

Yesterday I started two charts, same ten pairs, both charts on M15. One chart is trending and the other is with reversal setting (the default). So far the reversal default setting is winning! It's made 27 full trades and has one open position where both closed and open are plus.

The other chart using regular is losing a little....
Well put. I agree 100% to everything you've said here.

And thank you for sharing your testing results!
  • #145
  • Nov 4, 2009 6:17pm Nov 4, 2009 6:17pm
Quoting gerry berard
Everybody is not understanding my problem. I know how to trade I have been doing it for over a year. What I am looking for is not Ben's THE EA but the Crazy Pyramid EA on Metabone's page to be in EX4 file format.

Gerry,

When you see an EA that appears 'grey' in the navigator that means that the code is not available for you to edit. Sometimes writers will choose to publish code in this format for various reasons. Mostly they do not want anyone to mess around with their coding.
  • #146
  • Nov 4, 2009 6:19pm Nov 4, 2009 6:19pm
Quoting BenScoobert
Im not sure what you get, you have taken up 2 pages of a thread with your inane ramblings.

The crazypyramid is my idea, i made the ea called The_EA and offered it for free to FF members. The fact that I was asked someone else minded if they made a better version doesn't affect me. I acheived what I wanted to acheive by teaching myself to program and making a profitable EA. If you dont like my version, dont use it.

Rant over....

How is everyone else doing with this? Care to post any results?
My all pairs account is doing better than I thought...
I'm hovering around BE on the account.
  • #147
  • Nov 5, 2009 12:41am Nov 5, 2009 12:41am
Quoting ebcowan
Thanks Ben for the EA just loaded it on and am wondering which time period is the best for trading. I have run through the thread and there has been a few different ones used, M1, M15 etc.

Which do you like the best and which currency have you found that it works best on.....

Thanks Mate
Ive been re-reading my code to refresh my memory, the EA enters on the weighed 80MA of an hourly chart, so I figure whichever chart you are using it is entering on hourly, may as well use that one, the M1 discussed earlier in the thread was for the old "profitable" EA.
  • #148
  • Nov 5, 2009 6:43am Nov 5, 2009 6:43am
Ben,

i've checked out your FXbook stats and was interested to see that your nanningbob equity curve looks almost exactly like mine. Bizarrely i've been trading it almost exactly from when you started in Feb. The July fall was a sickener. I've been trying to get nanningbob's reverse settings to work but never quite managed it for one reason or another, but from my initial read of your thread this looks exactly like the sort of thing i was after. I'll give it a go.

Any chance you could edit your first post of this thread whenever you get a new version of the EA? That way it's easy to find exactly where everyone is with this.
  • #149
  • Nov 8, 2009 5:11am Nov 8, 2009 5:11am
Hi Ben
There's something I don't understand - when I ran a backtest using your settings and also looked at your completed trades, the multiplied x3 trades always stop after just the 2nd trade is opened. I thought these were trying to catch the trends and run and run.
On the other hand there are the standard x2 countertrend orders that just keep doubling and one of these will run away at some point and damage the account badly.
Can you shed some light please?
Thanks
Jim
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #150
  • Nov 8, 2009 7:10am Nov 8, 2009 7:10am
Quoting Jim4x
Hi Ben
There's something I don't understand - when I ran a backtest using your settings and also looked at your completed trades, the multiplied x3 trades always stop after just the 2nd trade is opened. I thought these were trying to catch the trends and run and run.
On the other hand there are the standard x2 countertrend orders that just keep doubling and one of these will run away at some point and damage the account badly.
Can you shed some light please?
Thanks
Jim
I can think of 3 reasons, firstly backtester is useless, very unreliable results.
Secondly, it opens with the trend, but if it reverses it closes, if you want to try hold a trend longer then try reduce the multiplier and increase the SL so it doesnt close out so often.
Thirdly, it may just be my bad programming.

If you prefer it not to martingale when it goes against you, set the initialSL to less than the Dpips value, it will only martingale as far as you let it, i use 6 extra orders.
  • #151
  • Edited 10:48pm Nov 8, 2009 10:46pm | Edited 10:48pm
Just to clarify,I only use the backtester to see how the ea functions - it's much quicker than waiting for trades on fwd test.

I was under the impression that you felt that normal martingales are flawed in that they blow up the account at some point, and so you had decided to reverse the tables and wait for the long run to give you a massive profit (while accepting lots of small losses).
But when I look at your fxbook results, the vast majority of the gains are from the standard counter-trend martingale whilst the 3x trend catcher results in very small 2 level gains (exactly my backtest results also)
This is where my query lies.

Thanks for your time.

Quoting BenScoobert
I can think of 3 reasons, firstly backtester is useless, very unreliable results.
Secondly, it opens with the trend, but if it reverses it closes, if you want to try hold a trend longer then try reduce the multiplier and increase the SL so it doesnt close out so often.
Thirdly, it may just be my bad programming.

If you prefer it not to martingale when it goes against you, set the initialSL to less than the Dpips value, it will only martingale as far as you let it, i use 6 extra orders.
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #152
  • Nov 9, 2009 5:06am Nov 9, 2009 5:06am
Quoting Jim4x
Just to clarify,I only use the backtester to see how the ea functions - it's much quicker than waiting for trades on fwd test.

I was under the impression that you felt that normal martingales are flawed in that they blow up the account at some point, and so you had decided to reverse the tables and wait for the long run to give you a massive profit (while accepting lots of small losses).
But when I look at your fxbook results, the vast majority of the gains are from the standard counter-trend martingale whilst the 3x trend catcher results in very...
Yes that was the original plan, but the EA evolved into an EA that can do both. Stack with you and re-enter against you, strictly it isnt true martingale, martingale increases until you hit, this method you decide how deep you are prepared to go.
Hope this clarifys it.
  • #153
  • Nov 9, 2009 6:43pm Nov 9, 2009 6:43pm
Hi Ben,

I found this screenshot of The EA in action interesting. . .

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  • #154
  • Nov 15, 2009 6:38am Nov 15, 2009 6:38am
hi ben, may i have the mql of The_EA?
i wanna combine with 1 of my ea that i'm using now.
  • #155
  • Nov 15, 2009 6:39am Nov 15, 2009 6:39am
Quoting howdanny
hi ben, may i have the mql of The_EA?
i wanna combine with 1 of my ea that i'm using now.
I'd rather not give my code out, sorry
  • #156
  • Nov 15, 2009 1:43pm Nov 15, 2009 1:43pm
then can i send u my ea and u add it in???
mine ea also is a martingale type, and so far is very good result but sometimes when it continuous tp for the 1st trade for few times i got float for many days.... i think with ur ea concept it might fix the weak point of mine.
  • #157
  • Nov 15, 2009 2:20pm Nov 15, 2009 2:20pm
Quoting howdanny
then can i send u my ea and u add it in???
mine ea also is a martingale type, and so far is very good result but sometimes when it continuous tp for the 1st trade for few times i got float for many days.... i think with ur ea concept it might fix the weak point of mine.
So let clarify, you want to use the trade management of my EA, but you have a different entry rule?
If that is what you mean, what is your entry rule?
  • #158
  • Nov 15, 2009 3:32pm Nov 15, 2009 3:32pm
actually the ea that i'm using is not create from me, i get it from my friend. not sure what is the entry rule, but is different from other martingale ea. this will stop open when the trend change.

i can send to u for u to check, as i'm dun understand about coding
  • #159
  • Nov 16, 2009 11:39am Nov 16, 2009 11:39am
hello bem
do u have new ver EA?
  • #160
  • Nov 17, 2009 8:01pm Nov 17, 2009 8:01pm
Why would a new version be due when the old one is doing fine? . . .
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