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Variable RANGE Breakout - A exciting new concept in EA trading

  • #41
  • Oct 2, 2016 1:38am Oct 2, 2016 1:38am
Quoting Slackbladder
{quote} That is exactly what i did do, it showed a message to say i am being redirected but it never happened. Maybe its my adblocker if the page we are being directed to is bloated. No big deal really, but it does look interesting
I had the same issue, but after Enabling "Allow DLL Imports" in expert properties it worked.
  • #42
  • Oct 2, 2016 2:52am Oct 2, 2016 2:52am
Thanks for this wonderfull EA and the excellent video
  • #43
  • Oct 2, 2016 4:17am Oct 2, 2016 4:17am
Quoting shiva
{quote} I had the same issue, but after Enabling "Allow DLL Imports" in expert properties it worked.
Thanks for your input. I have now highlighted this in Post #1.

There is a call within the code to Shell32.dll which opens the Registration page.
  • #44
  • Oct 2, 2016 4:30am Oct 2, 2016 4:30am
Many Thanks Dave,

Very easy to operate: I'm going to try the EA next week.

All the best
  • #45
  • Oct 2, 2016 5:00am Oct 2, 2016 5:00am
Thanks Dave
I looking forward to test it
Subscribed
cheers
Alex
Stay GREEN my friends........
  • #46
  • Oct 2, 2016 5:06am Oct 2, 2016 5:06am
Thank Dave for your Great Contribution.
  • #47
  • Oct 2, 2016 10:47am Oct 2, 2016 10:47am
Thank you Dave C for the EA
  • #48
  • Oct 3, 2016 3:53am Oct 3, 2016 3:53am
Hi Dave

Thanks for this very well programmed EA. I really look forward to test it.

I have a question about this line:
456200 eq 2.0 1.0 7 5 1000 USD list VariableRangeBreakout
456200(whats this number?)
1000 USD(should this be changed to actual equity and currency? like i did here)

Thanks in advance
Sune
  • #49
  • Oct 3, 2016 4:12am Oct 3, 2016 4:12am
Quoting SunGaard
456200(whats this number?)
That is the MagicNumber of the EA
  • #50
  • Oct 3, 2016 4:43am Oct 3, 2016 4:43am
Quoting alecsa72
{quote} That is the MagicNumber of the EA
Ahhh.... Havent taken any trades yet orelse i would have noted.

Thanks for your answer Alec
  • #51
  • Oct 3, 2016 5:22pm Oct 3, 2016 5:22pm
Hi Dave
As we are using your data for back testing. have you found
any alarming difference when trading live account ?

regards Andrew
  • #52
  • Edited 7:11pm Oct 3, 2016 5:54pm | Edited 7:11pm
Quoting SunGaard
Hi Dave Thanks for this very well programmed EA. I really look forward to test it. I have a question about this line: 456200 eq 2.0 1.0 7 5 1000 USD list VariableRangeBreakout 456200(whats this number?) 1000 USD(should this be changed to actual equity and currency? like i did here) Thanks in advance Sune
456200 is the seed number for generation of Order Magic Numbers. The Order Magic Number of your first instrument would be 456200. For example, if you had a list of 9 instruments, the 9th Instrument would have an Order Magic Number of 456208. You can of course use any Magic Number (of integer value) as the seed.

The 10,000 relates to your starting equity only for backtesting and optimization purposes and the USD relates to your Base Currency for calculation of lots.

For example if you were trading with $AUD10,000 equity using a 2% equity percentage buying EURUSD with 200:1 Account Leverage -
The lots calculation for the order would be 10000 * 2(Equity %) * 1.4599(AUDEUR) / 200(Account Leverage) / 10000
  • #53
  • Edited 7:10pm Oct 3, 2016 5:58pm | Edited 7:10pm
Quoting ptla
Hi Dave As we are using your data for back testing. have you found any alarming difference when trading live account ? regards Andrew
The data used for backtesting is sourced from your server and is the last 3 months of data relevant to the default time frame.

Stop Losses are calculated before any Take Profit so the view of performance is actually the most pessimistic.

For example, if you had a buy trade opened at 1.0000 with a 10 pip SL and TP (a scenario actually which could be quite logical in this concept) and there was a subsequent bar - Open 1.00023 High 1.00154 Low 0.99858 Close 1.00042, that trade would be deemed as a Stop Loss even though the Take Profit figure was achieved during the bar.
  • #54
  • Oct 3, 2016 7:34pm Oct 3, 2016 7:34pm
Thank you Dave for explanation
  • #55
  • Oct 3, 2016 8:35pm Oct 3, 2016 8:35pm
Dear Sir,

How to get this EA? please advise.

regards

sundar
  • #56
  • Oct 3, 2016 8:47pm Oct 3, 2016 8:47pm
Quoting agsmcs
Dear Sir, How to get this EA? please advise. regards sundar
See Post #1.

Please take the time to read the thread before you post.
  • #57
  • Oct 3, 2016 9:11pm Oct 3, 2016 9:11pm
Hi Dave

Thanks for Ea. Since yesterday it did not take any order. I changed now to fl like this. Is it ok?

456200 fl 0.05 1.0 7 5 10000 AUD list VariableRangeBreakout. As my equity is less so I want 0.05 lot. Please guide me.

Thanks again
  • #58
  • Oct 3, 2016 10:01pm Oct 3, 2016 10:01pm
Quoting mpradeep
Hi Dave Thanks for Ea. Since yesterday it did not take any order. I changed now to fl like this. Is it ok? 456200 fl 0.05 1.0 7 5 10000 AUD list VariableRangeBreakout. As my equity is less so I want 0.05 lot. Please guide me. Thanks again
Yes. That is correct.

No trades could possibly mean that there was no breakout of the range within the time specified in your parameters.

If you are using 2% as risk equity on say $500 that would in .01 lots. (minimum lot size)

Trying on $400 would result in no trade (unless trading in micro lots)
  • #59
  • Oct 3, 2016 10:15pm Oct 3, 2016 10:15pm
Quoting Dave_C
{quote} Yes. That is correct. No trades could possibly mean that there was no breakout of the range within the time specified in your parameters. If you are using 2% as risk equity on say $500 that would in .01 lots. (minimum lot size) Trying on $400 would result in no trade (unless trading in micro lots)
Thanks Dave

As my equity is 400 so i changed to fl setting. Lets see how it goes today.
  • #60
  • Oct 4, 2016 10:50pm Oct 4, 2016 10:50pm
Update at Post #1 to address display of existing trades
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