Reversing the signals on this EA? | Forex Factory

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Reversing the signals on this EA?

  • #1
  • First Post: Oct 7, 2011 8:00pm Oct 7, 2011 8:00pm
Hi ,
This is a Steve hopwood EA , I have been running it for the last 36 hours , on M1 using 15 pip TP and 15 pip SL .
Winners = 27
Losers = 48

Can somebody please modify the EA to reverse the entries so when the EA sends a buy signal it reverses it to sell and vice versa .

I did ask about this on the thread , but it probably got overlooked.

This probably wont work but with a almost 2:1 loss / win ratio it has to be worth a try !!!

Thanks ....
Attached File(s)
File Type: mq4 M1 scalper.mq4   32 KB | 461 downloads
  • #2
  • Oct 7, 2011 8:39pm Oct 7, 2011 8:39pm
Quoting ianp
Hi ,
This is a Steve hopwood EA , I have been running it for the last 36 hours , on M1 using 15 pip TP and 15 pip SL .
Winners = 27
Losers = 48

Can somebody please modify the EA to reverse the entries so when the EA sends a buy signal it reverses it to sell and vice versa .

I did ask about this on the thread , but it probably got overlooked.

This probably wont work but with a almost 2:1 loss / win ratio it has to be worth a try !!!

Thanks ....
Try getting the EA to do the same with the TP & SL outside the range of the Spread. 15 pips is around the average Spread for nomal volatility IMHO. Your "Losses" could therefore be due to market strangulation and trying to opeate within the natural wave of the market. So it may well be your MM that is causing the loss rather than the EA's ability to not win. Eememebber a Pip is the same on any T/F just candle size determines T/F and time to complete each.

Also try to experiment with the smallest lot size vailable. These are some of the considerations prior to considering EA reversal, a very edgy subject but I know how you feel.

Bless!
  • #3
  • Oct 13, 2011 1:52am Oct 13, 2011 1:52am
OK , I have been running this EA in its original form for the last 3 days here are the results.

TP 10 , SL 12, WINS 25, LOSSES 41
TP 15, SL 17, WINS 19, LOSSES 27
TP 20 SL 22, WINS 12, LOSSES 21

So as you can see if we were to reverse the entry signal , so when current EA buys we sell instead ..we would have a winning EA , it has to be worth a try on demo.

I have attempted to modify the code by swopping the buys for selld but it didnt work, as I dont have a clue about code.

Anyone willing to change the code ?? please............
  • #4
  • Oct 13, 2011 6:44am Oct 13, 2011 6:44am
Quoting ianp
OK , I have been running this EA in its original form for the last 3 days here are the results.

TP 10 , SL 12, WINS 25, LOSSES 41
TP 15, SL 17, WINS 19, LOSSES 27
TP 20 SL 22, WINS 12, LOSSES 21

So as you can see if we were to reverse the entry signal , so when current EA buys we sell instead ..we would have a winning EA , it has to be worth a try on demo.

I have attempted to modify the code by swopping the buys for selld but it didnt work, as I dont have a clue about code.

Anyone willing to change the...
Reversing the buys and sells sounds like a good idea but seldom works better. In this case it worked better but still more losses than wins.

I have reversed as you asked and here are the results:

Wins:158: Losses:274: P/L:-3030.45

Reversed
Wins:174: Losses:250: P/L:-1351.98
Attached File(s)
File Type: mq4 M1 scalper.mq4   32 KB | 517 downloads
  • #5
  • Last Post: Oct 13, 2011 7:40am Oct 13, 2011 7:40am
Quoting cyber1
Reversing the buys and sells sounds like a good idea but seldom works better. In this case it worked better but still more losses than wins.

I have reversed as you asked and here are the results:

Wins:158: Losses:274: P/L:-3030.45

Reversed
Wins:174: Losses:250: P/L:-1351.98
Thanks for taking the time to do that , I thought it would be to good if it worked !!
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