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Tiger EA

  • Post #1
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  • First Post: Jul 1, 2016 5:49pm Jul 1, 2016 5:49pm
Hi everybody, i am testing this EA (which i found in the MQL5 free robots section) in a 10000 USD demo account and i think the results are very good. I know it must be tested more time, as i am only testing it since last tuesday, but it has opened 14 trades and all profitable.

Anyway, i guess it only works in a big account balance because his wide SL. Could anybody please modify the money management code, so it could be used in a small balance account? Also, it would be great if the size lot could be modified, so we could choose any size lot to trade.
Attached Image (click to enlarge)
Click to Enlarge Name: Tiger_EA_Results.jpg Size: 165 KB
Attached File(s)
File Type: mq4 tiger.mq4   7 KB | 1,157 downloads
are you trading this on D1 charts?

Quoting luatrader
Hi everybody, i am testing this EA (which i found in the MQL5 free robots section) in a 10000 USD demo account and i think the results are very good. I know it must be tested more time, as i am only testing it since last tuesday, but it has opened 14 trades and all profitable. Anyway, i guess it only works in a big account balance because his wide SL. Could anybody please modify the money management code, so it could be used in a small balance account? Also, it would be great if the size lot could be modified, so we could choose any size lot to...
Yes, 1D timeframe except for GBPUSD which is 1H, that's why this pair has more opened trades in my results. So i think it could work fine in 1D and 1H. Haven't tested 4H yet
ok thanks will try this next week

Quoting luatrader
Yes, 1D timeframe except for GBPUSD which is 1H, that's why this pair has more opened trades in my results. So i think it could work fine in 1D and 1H. Haven't tested 4H yet
As a rule, examples from the MQL5 free robots section and other free resources
are so far from perfect results. But it is on;y warning, I did not test thsi EA.
why not just backtest this ea?
I try backtest this EA . Not very good ea it look like scalping .Win little but loss can blow your account. Might as well manual scalp..
Quoting cjtylor
why not just backtest this ea?
My country is inside 5-th or 6-th category at this world , may be, it is a reason , MQ doesnot supply
backtester with long-period history data )
Quoting blamshakk
ok thanks will try this next week {quote}
I have an ugly opened position with EURCHF (-1400 USD profit)...I see this pair is not good for this EA...

Anyway, +33% growth in 10 days, all trades profitable.
Attached Image (click to enlarge)
Click to Enlarge Name: tiger.jpg Size: 287 KB
hi bro, can you post the original link in mql5 website?
have checked this ea - it wiil kill your a/c sooner or later.
Quoting cjtylor
hi bro, can you post the original link in mql5 website?
Here is the link to the EA

https://www.mql5.com/es/code/11497
Very simple and ineffective EA. Does exactly the opposite of right money management. It just doesn’t close the losses until stopped out and has a very very small targets in comparison to the risk it takes. I am sorry I wasted 5 mins testing it.
hmm strange, i have had very good results with it over the last week or so. global prime demo

Quoting UlliC
Very simple and ineffective EA. Does exactly the opposite of right money management. It just doesnt close the losses until stopped out and has a very very small targets in comparison to the risk it takes. I am sorry I wasted 5 mins testing it.
Quoting blamshakk
hmm strange, i have had very good results with it over the last week or so. global prime demo {quote}
the ea sets very large SL.
a single SL trade will blow your a/c
ive found this out today with a USDCHF H1 sell that went wrong. i think there is a compromise to be achieved and we can do this by settings s smaller stop with a trade manager EA.

Quoting cjtylor
{quote} the ea sets very large SL. a single SL trade will blow your a/c
With a large SL and small TP; all your profits in a week will be wiped out by only 1 loss
Quoting cjtylor
hi bro, can you post the original link in mql5 website?
this result is which broker and account?
Quoting luatrader
{quote} I have an ugly opened position with EURCHF (-1400 USD profit)...I see this pair is not good for this EA... Anyway, +33% growth in 10 days, all trades profitable. {image}
this result is which broker and account?
  • Post #20
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  • Last Post: Sep 14, 2019 6:45am Sep 14, 2019 6:45am
Quoting majidlovio
{quote} this result is which broker and account?
Sorry, I have just seen your message!

I tested that EA for a long time, and it can give you good results only for a period of time. Someday, it will open a bad trade which will blow your account.
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