{quote} I placed the pending orders when all 3 MACDs became same color at 4H charts and took profit with 1:1 R:R. My SL was set at low or high of previous 4H candle.
Not really. I have started using the EA yesterday and it opened its 1st trade with 0.04 lots. It should have opened only 0.01 lot as defined in the input tab. Can any one tell me the reason?
What kind of manual intervention you are making to the EA's trading? I ran my EA at the exact time of your Live, but your Live account is making profit (almost 12%) while my EA is barely reaching 1% (floating yet).
I do recall that you manually close all open trades once the profits reach 5%. Are you still adopting this rule? Any more intervention?
{quote} Not really. I have started using the EA yesterday and it opened its 1st trade with 0.04 lots. It should have opened only 0.01 lot as defined in the input tab. Can any one tell me the reason?
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If you specify the Risk parameter, the lots will be computed automatically, not as you specify.
Garfiled75, What kind of manual intervention you are making to the EA's trading? I ran my EA at the exact time of your Live, but your Live account is making profit (almost 12%) while my EA is barely reaching 1% (floating yet). I do recall that you manually close all open trades once the profits reach 5%. Are you still adopting this rule? Any more intervention?
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no manual intervention, the EA has the setting enabled to close all trades when it's 5% in profit.
I only reboot the VPS on the weekend, otherwise just let it run.
Garfield, I think that your EA would do better if it opens only ONE trade per 4-8 hours, why? In order to avoid closely correlated pairs. Apart from EURUSD vs. USDJPY, most of the remaining pairs are correlated. This will also lower the drawdown of the account, i.e., lowering the risk. What do you think? Review the statement of the 5-months demo and see for yourself that multiple pairs where triggered almost in the same minute.
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My aim is to keep it simple and easy, don't like to over complicate rules, if I can get return of 10% a month for spending just 10 min on the weekends to reboot my system, I am happy...
here is the link to myfxbook of the trade results for anyone interested to analyse the trades.
{quote} My aim is to keep it simple and easy, don't like to over complicate rules, if I can get return of 10% a month for spending just 10 min on the weekends to reboot my system, I am happy... here is the link to myfxbook of the trade results for anyone interested to analyse the trades. http://www.myfxbook.com/members/garf...ea-demo/652035 cheers
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Hi Garfield,
Is this the same EA which you have shared with other members at FF??
Can I also please have a copy of the EA to backtest, live test..
{quote} Hi Garfield, Is this the same EA which you have shared with other members at FF?? Can I also please have a copy of the EA to backtest, live test.. I am also based in Australia, where are you from? Thanks. Ravs
Thanks for your mail. Just starting demo trading now. EA opened 3 trades tonight on CHFJPY, EY and UJ, although 200 MA was in the way to TP. Is that filter not included in the EA ?
EA doesn't take 200 MA in consideration. I had 200 MA filter in my manual trading, after seeing the result of the EA, it doesn't make much difference on overall performance.
Please run the EA on 4 hours chart with
15 pairs only - AUDCHF,AUDUSD,CADCHF,CHFJPY,EURAUD, EURJPY,EURNZD,EURUSD,GBPAUD,GBPCAD, GBPCHF,GBPUSD,NZDUSD,USDCAD,USDCHF
I am running the above pairs on demo and live account.
Any specific reason for that ? I delete UJ to have just 2 yen pairs, but AN seems doing fine on a visual backtest. By the way, could you explain how the EA calculates the position size ? I have Max Risk set at 3%, but EA takes 2% positions...
So far, break even. I have noticed that there were some trades that the EA did'nt enter I don't know why. Is there any other filter included other than the mínimum 25 pips range ? And Garfield, would you be so kind to answer to the questions I posted here above (position size and AUDNZD) ?
Here is the Ea that will work on Demo and Live accounts until 28th February 2014. Please test and report bugs to me. If you have success with the EA please post your settings. Skyline100 it looks like the indicator may not have complied correctly when MT4 loaded, closing and re opening usually helps. Hope this Helps Mike {file}
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Good morning friends, I am Brazilian I run the 07 years ... I would like to send me your Template EA so I could do the tests ... if possible ... my email is [email protected] Success
Multi time frame Simple MACD system
