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95%-98% win rate EA...need help to finish

  • #21
  • Jan 18, 2011 3:58pm Jan 18, 2011 3:58pm
Quoting Saintsurfer
I see that sometimes it opens trades another time one hour befor daily open, do you know why?
That isnt my EA its one like it but i think they just adjusted when to start because the EA was taking to long to make 5 pips
  • #22
  • Jan 25, 2011 11:33am Jan 25, 2011 11:33am
Quoting Dredding82
That isnt my EA its one like it but i think they just adjusted when to start because the EA was taking to long to make 5 pips
It does what it should now, but not sure it will work profitably.

extern double lots = 1.0;
extern int praslyd = 3; slipage
extern int SL = 88;
extern int TP = 5;
extern double lots_koef = 5.0; it will increase lot size by lot koef you set.after loosing trade
extern double SL_koef = 2.5;
extern double TP_koef = 4.0;
Attached File(s)
File Type: mq4 5pip_martin_v1.mq4   5 KB | 790 downloads
  • #23
  • Jan 28, 2011 10:59am Jan 28, 2011 10:59am
This EA sounds exactly like GPS Forex Robot. It does the same thing
  • #24
  • Jan 28, 2011 11:03am Jan 28, 2011 11:03am
Quoting scali71
This EA sounds exactly like GPS Forex Robot. It does the same thing
yea but theres only trades on certian days and only one way.....i was trying to make one for like a year and never really thought about the SL and reverse till i saw theres....so why buy it if we can make it?
  • #25
  • Jan 28, 2011 12:14pm Jan 28, 2011 12:14pm
It trades Sun - Thurs 2300 GMT
  • #26
  • Jan 28, 2011 12:15pm Jan 28, 2011 12:15pm
WHat do you mean one way? It does long and short
  • #27
  • Jan 28, 2011 12:18pm Jan 28, 2011 12:18pm
Quoting scali71
WHat do you mean one way? It does long and short
no it doesnt...it only goes long on euro and short on chf i think...one way....and it doesnt trade 4 days a week, well not from the "live" real money accounts...i looked over and there will be a few days missing unless they have it coded not to trade on days with major reports
  • #28
  • Jan 28, 2011 4:13pm Jan 28, 2011 4:13pm
It trades Sun through Thurs. If there is not a good trade it doesnt trade that day. I have it I know
  • #29
  • Jan 29, 2011 4:12am Jan 29, 2011 4:12am
Quoting scali71
It trades Sun through Thurs. If there is not a good trade it doesnt trade that day. I have it I know

Well you paid for a simple EA....So how is it working? I didnt and wont pay 149 bucks for an EA that does everything they say it doesnt do....
  • #30
  • Jan 29, 2011 6:49am Jan 29, 2011 6:49am
I am not so sure that could be work under real conditions. The problem of the eas is that average loss is often bigger.
  • #31
  • Jan 29, 2011 12:06pm Jan 29, 2011 12:06pm
As a retard (according to OP) I find it difficult to grasp some basic things,
so please answer this.

If you had a win rate of 96.5% (Average of 95-98)

Assume 1 pip of spread/comission/slippage on each trade, meaning you gain 4 pips on a winer. I'll be generous and leave the losing trades at 88pips yielding;

(4 x 0.965) / (88 x 0.045) = 0.975 to 3 dp.

This means you lose 2.5 cents in every dollar traded.

So my question is; Who is the retard?
  • #32
  • Last Post: Jan 29, 2011 8:36pm Jan 29, 2011 8:36pm
I see noone has yet spotted my "deliberate" mistake, mea culpa. Which does lend credence to the idea that I am indeed the retard.

Nevertheless the above (incorrect) calculation still presuposes trading conditions which are better than 99% of us have access to;
So I still cant see this being better than breakeven.
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