Extracted Thread (per thread starter's request)

Corrected.

Thanks!

Hey Lind,

Welcome to the thread and Thanks for the Contribution!!

Please send me a Private Message with your Email and I will forward a copy of the Christmas Bots!

Looking good!

Hi Magix,

This is my contribution-SOS for Philippines.

Best wishes!

Heyaz WTP!!

Welcome to FF, Welcome to the Thread and Thanks for the donation!

Please send me a Private Message with your email Address and I will forward you a copy of the Christmas bots!

Hi Magix,

thank you for all your work and your great and honorable idea regarding the donations!

Here is my contribution for the people in Philippines.

fxhm,

Thanks for the contribution.

You've got Mail!

This set file since Market Open.

mary4x (http://www.forexfactory.com/mary4x)

Thanks for the Donation!!

You've got Mail!

Yay, I finally got it right!

This thread looks great. I look forward to contributing to it in the future -- when I can.

But it got me thinking -- maybe I should just leave all of my live trading to this EA instead and I might be better off?!? LOL

There is a reason, after all, that EA's can be useful.

PS: Magix, I dunno if you are interested, but I am a MQL programmer too, and although I am not the greatest (certainly no Hanover, CodeMeister, or Ferru!), I am really into automation and I believe I have a ton of good ideas that any successful and profitable EA should implement. Some of them are basic, others, not so much. But my point is that I might be able to contribute to your "Christmas" EA if you're interested and I'd love to speak to you a little more personally about it if you are in fact interested.

I'm not an mql programmer...

If I compiled all of the Mql I know, it wouldn't fill a thimble.

I trade.

Working with the EAs has greatly improved my game and definite understanding of price as relates to triggering system. Identifying trends, identifying triggers and working it into something that resembles code has really just been a hobby.

I have mentioned before, I am definitely interested in working with others. It not only improves my own personal knowledge, but works for the good of others.

Check your PM, you have my email addy.

When you are ready, let's go at it!!

looking great... manual and autotrading. using the old xmasbot





question, why is it the lot size starts on .1 and the system cant accept .01 size.

Hello Magix.

Here it is one of my contributions.


Greetings

Lookin good, Gris!

I am not really sure what you are asking here Gris...

You are trying to start with penny sized lots?

tigeriyaz (http://www.forexfactory.com/tigeriyaz)

Thanks for the Donation!!

You've got Mail!!!

AJR,

Thanks for the donation!

You've got Mail!!

Hi Magix

Can you tell me what is the big difference between the original x-mas bot and the 2xmas-bot.

Which one do you prefer from these two?

Thank you

If you have had a chance to go through the PDFs or load the templates and monitored the trades, you may have picked out that the triggering is identical, but only applied by means of the definition of the trend.

From there, the big difference is the identification of trend and how it is applied.

In the first version released, using the daily trend is optional, which in itself is a pretty big difference to begin with. Personally, that option, I am not a big fan of. Reason being, is that it does allow forever hold positions on a daily trend change. Now, given that trends can last days to weeks to months on end, how long do you want to see a single trade bleed in your account?

Keeping in mind, that though extra positions are being added to the horror of a loser, you are still building loss if you are running an account with swap fees. If and when these bottom dwellers ever make back profit, will the profit cover the swap costs?

Now, this being said, one can easily trip out the losers and allow the daily trend to continue on trending, or use the SLTP functions which will inevitably trigger out the bad boys, but at the same, I am a firm believer that a hold for long enough and given the grid cost averaging solution that these can be more easily handled without the use of this daily trend method.

On the original set files or templates for Christmas 2, the trend is identified a lot different. This takes into consideration the possible retrace of movements and is not set on an absolute. Keeping in mind that this relies on a Moving Average Cross to identify trends, trends will by observation alone, need to confirm prior to continuation, much as was mentioned in the readme that came along with these files. Because of this type of triggering, it allows cost average trades on a trend, which stand a better chance of evening out than the set did in Christmas 1.

The second template or set files provided for Christmas 2 are a faster set of trend identifiers and more so would be applied to an hourly trend than would be to a daily trend. These too have their own specific advantages. In the beginning of the week, we will see some sideways motion which will under an hourly trend have a great chance of not only prosperity but as well as cost averaging out leaving fewer lags behind. When the trend does kick in, some more towards the End of Week, where others like the Yen Pairs of last week, beginning...will continue to trigger only in trend and if not, definitely limit the amount of losers on possible trend changes with true confirmations.

So, what do I really like?

Both of em.

The triggering has been one of the most prosperous that I have written. In all honesty, it was one I had planned on keeping private and only because of the idea of running a little something for charity that I even decided to release it. That being said, I did also want to incorporate a few member options to allow some mobility and add in the Second version to allow even more.

If I had to build a strategy for ya, it'd be much the same as was released in the readme files of Christmas 1, using a combination of strategies for the week.

Christmas bot 1, run Monday through Wednesday without the daily trend.
Christmas bot 2, with the Second template applied for the End of week.

Now, these still lack any serious amount of forward test data and I really do Caution EVERYBODY to use these under very tight restrictions coming into the End of Year and really, only release after the first NFP of the New Year on live accounts and only work right now in minimizing the losses for demo forward trades and gaining an idea of the worst possible scenario.

Your idea and my idea of profit will inevitably be different. Your idea of a test account and mine will also not be the same.

I can only show some of the possible combinations and encourage others to share in their experience so that everybody can make a decision that is best for their money.