SSS EA v1.0 - Auto Trader Bot | Page 6 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Eliott waves, S/R, Double top/bot recognition indicator 2 replies

SSS - Simple Sar Strategy EA reqd 1 reply

EA bot on my strategy 1 reply

Squidster's Stupid Strategy (SSS) - 82 replies

Help needed to create forex bot 2 replies

Attachments: SSS EA v1.0 - Auto Trader Bot
Exit Attachments

SSS EA v1.0 - Auto Trader Bot

  • #101
  • Feb 28, 2010 5:31pm Feb 28, 2010 5:31pm
Sorry I never did get around to posting last week's test to MTi, but here are my impressions:

 

  1. Overall small gain using the sets from first post.
  2. Halfway through the week I noticed that it seemed that some trades were getting stuck in more and more DD without any hope of recovering in a realistic timeframe.
  3. As a result I set the EA logic to close the trade if an opposite signal occurred. (I wonder if this could be the reason that the test account in post one shows a good closed PL, but with a lot of floating DD is that it does not close trades when new opposite signals arise.)

  • #102
  • Feb 28, 2010 8:47pm Feb 28, 2010 8:47pm
Quoting Invisible
Sorry I never did get around to posting last week's test to MTi, but here are my impressions:
[list][*]Overall small gain using the sets from first post.[*]Halfway through the week I noticed that it seemed that some trades were getting stuck in more and more DD without any hope of recovering in a realistic timeframe.[*]As a result I set the EA logic to close the trade if an opposite signal occurred. (I wonder if this could be the reason that the test account in post one shows a good closed PL, but with a lot of floating DD is that it does...
Mind readers us lot - New set files at post 1 have Indicator based exits to help deal with drawdown!

Probably best to start a new demo with new settings this week.
  • #103
  • Mar 1, 2010 10:58am Mar 1, 2010 10:58am
I have worked out a set for GBP/USD M5 and showed good results in back testing. I started a forward test today and currently showing good results.

Keep an eye on the following link for live forward testing of this new set

http://www.mt4i.com/users/wilko-sss-gbpusd-m1/stats

At the time of posting it has done 491 pips in 18 trades - all successful.

To replicate open a GBP/USD M5 chart and apply the attached set using SSS V1.01.
Attached File(s)
File Type: txt Wilko_sss_gbpusd_m5.txt   8 KB | 525 downloads
  • #104
  • Mar 1, 2010 11:29am Mar 1, 2010 11:29am
Thanks for the m5 set wilko.
As a comparison, the h1 default set from first post pulled 798 pips in 8 trades.
We'll see how things turn out over the long term i guess
  • #105
  • Mar 1, 2010 11:37am Mar 1, 2010 11:37am
Quoting tazmaan
Thanks for the m5 set wilko.
As a comparison, the h1 default set from first post pulled 798 pips in 8 trades.
We'll see how things turn out over the long term i guess
One of the things I was trying to work on was reducing DD, however, as you suggest only time will tell.
  • #106
  • Mar 1, 2010 11:44am Mar 1, 2010 11:44am
Quoting Wilko
I have worked out a set for GBP/USD M5 and showed good results in back testing. I started a forward test today and currently showing good results.

Keep an eye on the following link for live forward testing of this new set

http://www.mt4i.com/users/wilko-sss-gbpusd-m1/stats

At the time of posting it has done 491 pips in 18 trades - all successful.

To replicate open a GBP/USD M5 chart and apply the attached set using SSS V1.01.
Thanks Wilko. You may have found a good scalper set file. The new set files in post 1 have indicator based exits and different trading times to help deal with drawdown.
  • #107
  • Mar 1, 2010 11:47am Mar 1, 2010 11:47am
Quoting tazmaan
Thanks for the m5 set wilko.
As a comparison, the h1 default set from first post pulled 798 pips in 8 trades.
We'll see how things turn out over the long term i guess
Hey Tazmaan,

The 4 pairs set files on post 1 are M30 BTW.

Once you are on demo, can you link up to mt4i.com so we can compare performance.

Thanks,

getdown71
  • #108
  • Mar 1, 2010 11:58am Mar 1, 2010 11:58am
Yes, I have them on m30. I was just stating the difference in # of trades and pips won between the default m30 and wilko's m5 stats so far.
Will myfxbook suffice? I prefer it to mt4i
  • #109
  • Mar 1, 2010 12:10pm Mar 1, 2010 12:10pm
Quoting tazmaan
Yes, I have them on m30. I was just stating the difference in # of trades and pips won between the default m30 and wilko's m5 stats so far.
Will myfxbook suffice? I prefer it to mt4i
fxbook or mt4i.com is fine
  • #110
  • Mar 1, 2010 12:31pm Mar 1, 2010 12:31pm
here ya go

http://www.myfxbook.com/members/tazm...ZbduO11CmQ8Zlb

A note:
largest open dd for this period until now has been -$51.00
  • #111
  • Mar 1, 2010 1:02pm Mar 1, 2010 1:02pm
Quoting tazmaan
here ya go

http://www.myfxbook.com/members/tazm...ZbduO11CmQ8Zlb

A note:
largest open dd for this period until now has been -$51.00
Nice. Is this using the set files I uploaded last night ?
  • #112
  • Mar 1, 2010 1:13pm Mar 1, 2010 1:13pm
No, previous set files.
I didn't realize new ones were put up last night, what's changed about them?
  • #113
  • Mar 1, 2010 1:16pm Mar 1, 2010 1:16pm
Quoting tazmaan
No, previous set files.
I didn't realize new ones were put up last night, what's changed about them?
New set files at post 1 have Indicator based exits and slightly different trading times to help minimize drawdown/maximize profit.
  • #114
  • Mar 1, 2010 1:21pm Mar 1, 2010 1:21pm
Has the ea been updated also? I noticed in the new set files I see for the first 3 inputs 101H1, 211H4 etc.
However, in my settings, I have 1010, 2010 for these same fields (previous set files).
Is this one of the changes mentioned? Or has the actual ea been changed to take these types of inputs now?
  • #115
  • Mar 1, 2010 1:42pm Mar 1, 2010 1:42pm
Quoting getdown71
Thanks Wilko. You may have found a good scalper set file. The new set files in post 1 have indicator based exits and different trading times to help deal with drawdown.
Nice one. I will get a demo running with them on.
  • #116
  • Mar 1, 2010 1:44pm Mar 1, 2010 1:44pm
Quoting tazmaan
Has the ea been updated also? I noticed in the new set files I see for the first 3 inputs 101H1, 211H4 etc.
However, in my settings, I have 1010, 2010 for these same fields (previous set files).
Is this one of the changes mentioned? Or has the actual ea been changed to take these types of inputs now?
Yes; (no change to EA - just settings)

2nd digit of 4 digit series is indicator based exit switch (RTFM)

4th digit of 4 digit series is time frame switch. 0 is chart TF, otherwise setting TF H1/H4 etc... should be clear.
  • #117
  • Mar 1, 2010 1:57pm Mar 1, 2010 1:57pm
k thx, i'll setup a second demo with these revised settings
  • #118
  • Mar 2, 2010 2:32am Mar 2, 2010 2:32am
Quoting getdown71
Yes; (no change to EA - just settings)

2nd digit of 4 digit series is indicator based exit switch (RTFM)

4th digit of 4 digit series is time frame switch. 0 is chart TF, otherwise setting TF H1/H4 etc... should be clear.
Thanks getdown71...

So far this EA was running with very low DD. Open a demo at 30M TF and 4 pairs as per set in the 1st post. My live statement can be found here http://www.mt4i.com/users/sahars

I got few question...I observed that the EA is closing partially (in this case from 0.02 become 0.01 lots) the trade once is reach the certain pips. My question is the trade was closed partially by the MPTM or the EA itself..!?

I also found that once the lots become half i.e. 0.01, do we need to close those trades manually or just leave it the MPTM or the EA to close it...?. In my case I closed all the trade manually using script once the trade reach at certain amount i.e.$50.00. I do this after I found that the EA or MPTM does not close or adjust the TP after the GBPJPY gained almost $50.00 (on 0.01 lots) and later the gain become -ve.

I'll keep post the result and let you know guys if I find something issue that be discussed...

cheers

Sahars
  • #119
  • Mar 2, 2010 2:53am Mar 2, 2010 2:53am
Hi Getdown,

Can you pls tell us, which files we need use for MPTM. Do we need to use all the files in the Zip file, or only the MPTM is enough?
  • #120
  • Mar 2, 2010 7:49am Mar 2, 2010 7:49am
I loaded the EAs on my demo account. Alpari UK today.

It took one profit and then it has opened 2 trades which are currently in Loss (more than 100 Pips each).

Can anybody confirm their account also took the same trades.

Or my settings are wrong? I used the setting file from the first page.

ALl the above trades are on EU 30min TF.

regards,
Prakash
0 traders viewing now