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Extreme scalping using neural networks - EA/Manual

  • #201
  • Jun 10, 2010 10:37am Jun 10, 2010 10:37am
I have a question...
You say the 140 pips SL is an emergency stop.. ok, but what is the maximum possible SL of the EA?

I had today in a demo account -100 pips without a stop!
Is this normal or is anything wrong?
  • #202
  • Jun 10, 2010 10:41am Jun 10, 2010 10:41am
Hi Neuro

where can can i get the new version please....

thanks


sami
  • #203
  • Jun 10, 2010 10:50am Jun 10, 2010 10:50am
Quoting kesterpogz
meanwhile heres my trades.. just ignore the trades which has no comments about nextclose.. they are not related to nextclose trades.

awesome ea.
hi, can u explain what setting did u use?
did u change tp and sl?
thanks
  • #204
  • Jun 10, 2010 10:53am Jun 10, 2010 10:53am
sami29uk: Post #1 as usual...
  • #205
  • Jun 10, 2010 10:58am Jun 10, 2010 10:58am
ok crodzilla

thanks, i'll download it now

one other thing do i have to uninstall the old one or overwrite this?

please advise

thanks again

sami
  • #206
  • Jun 10, 2010 10:58am Jun 10, 2010 10:58am
i placed the robot on my demo acct. it only placed 2 trades and stoped placing. What should i do pls!.

Marseille
  • #207
  • Jun 10, 2010 11:17am Jun 10, 2010 11:17am
Hi, i've opened an Alpari UK demo, if you are interested in the results you can sse http://www.myfxbook.com/members/gspe/nextclose/35740

Just a question, this EA work on real live account? or works just on Demo account

Thanks
  • #208
  • Jun 10, 2010 11:36am Jun 10, 2010 11:36am
Quoting reachjj
I had put this EA on my Prime4x account twice on 2 different EU M30 charts...

It was showing different prediction of closing price and also took one buy and one sell trades...

How it is possible....
Hi, Neuro....

can you pls explain why it behaves like this.. Does it mean, it depends on when I put the EA on the chart, based on that it actually trains and predicts the close and since I had put the EA at different times, it is predicting differently...?
  • #209
  • Jun 10, 2010 11:58am Jun 10, 2010 11:58am
Quoting neuro
Folks,
New version of NextClose has a few important fixes. Please get it, the spread issue is fixed as well.

To people who are seeing large dds I'd say try running it in a time period with low volatility, the time filter is there for a reason - however just to test if NextClose is configred properly, its ok to turn the time filter off.

We are up 89.7 pips in 2 days lets see how today goes. Will be adding another cross pair today - AUDCAD.

NextClose (even the original version) has always worked with ECNs and STPs as all our clients use ECN...
Neuro

I have been testing this for a couple of days using the trading window as recommended. HOwever this mornings last trade just didn't close until it hit SL. Up until this point the EA had been trading well and I was up nicely. From reading the thread I understand that it should have closed as the initial SL is only an emergency SL. I am using Alpari UK.

Paul
  • #210
  • Jun 10, 2010 12:16pm Jun 10, 2010 12:16pm
With the new version i think the spread is not correct.

I have a spread of 2.0 pips on EURUSD (Activtrades - 4 Digits)

But the EA shows me a spread of 0.20
  • #211
  • Jun 10, 2010 12:50pm Jun 10, 2010 12:50pm
Quoting sami29uk
ok crodzilla

thanks, i'll download it now

one other thing do i have to uninstall the old one or overwrite this?

please advise

thanks again

sami
No, just close MT4, then write over it.
Restart MT4.
  • #212
  • Jun 10, 2010 12:57pm Jun 10, 2010 12:57pm
Quoting saragosa
hi, can u explain what setting did u use?
did u change tp and sl?
thanks
i have set money management to false and time filter to false.. other else where on default settings. after observing large drawdowns.. i made a new demo account with much tighter stoploss. we'll see how this goes.
  • #213
  • Jun 10, 2010 2:32pm Jun 10, 2010 2:32pm
Quoting paulbt38
Neuro

I have been testing this for a couple of days using the trading window as recommended. HOwever this mornings last trade just didn't close until it hit SL. Up until this point the EA had been trading well and I was up nicely. From reading the thread I understand that it should have closed as the initial SL is only an emergency SL. I am using Alpari UK.

Paul

Thanks Paul for bringing this up , yes this is a critical bug and I will work on it, for now set the close hour to 23 and see if it closes at 24 gmt (closehour is 1)

In the last one hour (23-24) it will try to reduce the takeprofit by 2 pips every 5 minutes, if the trade still doesnt hit tp the EA should force close the trade right at 24.
  • #214
  • Jun 10, 2010 3:50pm Jun 10, 2010 3:50pm
neuro

I made the changes as suggested and it immediately took a trade (the first since 17:00GMT. It looks like even when last nights trade hit SL the EA wouldn't open anymore trades as it hadn't performed the close function. It is as if it became frozen.

Hope this helps

Paul
  • #215
  • Jun 10, 2010 3:57pm Jun 10, 2010 3:57pm
I've given up on this EA. It doesn't seem like a bad EA, but I'm not sure if it produces enough profit (at least not for the risk level). EA's can also be disabled by brokers (disconnects or feeds). Probably best to trade the strategy manual, although you can't do that while you sleep .
  • #216
  • Jun 10, 2010 4:09pm Jun 10, 2010 4:09pm
Quoting 2+2=4ex
I've given up on this EA. It doesn't seem like a bad EA, but I'm not sure if it produces enough profit (at least not for the risk level). EA's can also be disabled by brokers (disconnects or feeds). Probably best to trade the strategy manual, although you can't do that while you sleep .
can the brokers really disable a system or feeds...how?

i think if you practice demo on one broker platform and live trade with another broker....i know it sounds silly but at least there is some hope. the system is ok but it needs some attention.

i have two demos running one alpari uk and fxpro..both mix and match

neuro keep up the good work, try to to fix the bugs
  • #217
  • Jun 10, 2010 4:16pm Jun 10, 2010 4:16pm
Quoting sami29uk
can the brokers really disable a system or feeds...how?

i think if you practice demo on one broker platform and live trade with another broker....i know it sounds silly but at least there is some hope. the system is ok but it needs some attention.

i have two demos running one alpari uk and fxpro..both mix and match

neuro keep up the good work, try to to fix the bugs
If we all use our own magic numbers it will be harder for any broker to detect how many are using the same EA. It would be better if we could also be able to change the trade comment.
  • #218
  • Jun 10, 2010 4:33pm Jun 10, 2010 4:33pm
Quoting paulbt38
If we all use our own magic numbers it will be harder for any broker to detect how many are using the same EA. It would be better if we could also be able to change the trade comment.
No, this is an urban myth that changing the MagicNumber will somehow 'hide' the EA's operation from a broker.

Think about it, if a broker has 500+ sell orders on EURGBP all kick off at say 04:05, he doesnt care about the magic number, he knows its a certain commercial EA again.

On a general point, some people think that going with ECN or STP brokers will avoid broker intervention.

Well it does, but puts you at the mercy of a much spikier data feed direct from the banking system.

Many indicator based EA's will not work well on these feeds, plus variation in spreads can be much greater & much more frequent. You will also still be vulnerable to false breakouts caused by market movers.
Quoting sami29uk
can the brokers really disable a system or feeds...how?
Yes. It's built in to MT4 on the broker side. The broker access allows them to directly affect what happens to every trade. Automatically with many, many variables. If you saw their side of MT4 many would never use it.
Do not focus on making money; focus on protecting what you have.
  • #219
  • Jun 10, 2010 4:50pm Jun 10, 2010 4:50pm
so basically you guys are saying we cant win because the brokers have an upper hand...

ok, how does one become a broker?...what rules and regulations, governmental bodies or bank organisations do you apply for..

what i'm trying to say is that there are many experienced and professional traders out there who with good intention provide so information and ideas and so forth....why can't they if possible organise a broker inc. is possible. i'm sure they have their connections etc. they know the rules and regulations whatever. these traders who can provide a service for novice, professional traders alike for the good of this world.

i dont know if thats possible, or anyone has any thoughts or i'm just a newbie who is talking gibberish.

BUT i know brokers cant have the cake and eat it at same time, there must be another solution.
  • #220
  • Jun 10, 2010 4:50pm Jun 10, 2010 4:50pm
Quoting Why Oh Why
No, this is an urban myth that changing the MagicNumber will somehow 'hide' the EA's operation from a broker... The broker access allows them to directly affect what happens to every trade. Automatically with many, many variables. If you saw their side of MT4 many would never use it.
You are quite right sir. However, changing magic number and trade comment to random user select avoids the criminal broker knowing which EA is being used. Steve Hopwood (the Master EA Maker) says that by changing the Magic number to 0 and leaving trade comment BLANK would suggest a manual trade to the criminal Broker. I see that trade comment states NEXTCLOSE-V15. Maybe NEURO could put in a trade comment field so user can change it the way they want.

Kind Regards
P.S. for people who are unhappy about the SL setting, they can you mptm to manage the trades.
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