Finding the right expert...

Testing experts..
Currently .... Dragon expert.. running on demo
It's a Martingale.

EDIT: 1/29/17
Keeping this thread for researching the Dragon expert only...

EDIT: 2/27/17
Not researching the Dragon at this time. Switched to Fishing ea.

Edit: 3/26/17
Forget the Fishing ea...
just testing out random eas as they pop up here and there.

Edit 3/28/17
OK back to the Dragon. I did buy it!!! Using the 4hr chart to determine direction for the trade... 10lwma.. close above or below set the dragon to buy or sell for the opening of that day.

Edit 4/9/17
Starting a companion thread where I'll be looking at trade management, position sizing, limit orders, and recovery trades.
https://www.forexfactory.com/showthread.php?p=9749169#post9749169

This one is a lot less risky.
No Martingale.
Catches London breakouts with 1:2 Risk reward
VFX London

https://www.mql5.com/en/code/17465?u...minal+codebase

Very promising...
How to optimize. How far back to go before bringing settings forward.
https://www.mql5.com/en/code/15952?u...minal+codebase

By studying these experts learning a lot about the different trading strategies. Here's another martingale.
With manual adjustments to lessen risk.
Lot of parameters on this one. Thew.
https://www.mql5.com/en/code/15834?u...minal+codebase

Night be some of this going with this world wide "trading" craze..

I bought this one a month ago.
Tested it out a bit and decided I'd wasted my $49..
But going to back to it now...
It looks a lot different...
Will set the one I bought up on live demo Monday...
This the tester for a year at 1/2% risk for $1000
for $10000 it could bring in $400 or $500 month and accelerate gain.
No hedging... or conflict with Fifo..

There is a free demo... that will only run on the tester...

https://www.mql5.com/en/market/product/14669

Set up for Monday.
I forgot about the great T3 ma for identifying trend. Consolidations are great for grid and Martingale.
But if the trend takes off they van get stuck going in the wrong direction.
That has been the challenge all along. To identify the market conditions.. trending or sideways.
The T3 will hell with that.
I could use just about any of the grid and Martingales I have been testing by restricting them to trade only in the direction of the trend.
Identify the trend on the Day and let the Litewave go on the 1 min.
Looks like EURUSD is rolling over but I'm going to go with T3 and take long only in Litewave.

Have some decent 1 min data for the tester downloaded from http://www.histdata.com/download-fre...ute-bar-quotes

Will take a second look at the semi automatic Fishing ea.
I like that one a lot.
Using T3 on the day it would be possible to use it on the 1 min.

Testing the Fishing ea using the training simulator.
It's semi automatic. I can tell it what and how much and when while it is running in the simulator.
I marked the trend changes according to T3 on the day chart and posted the fishing ea on it.
Started the simulator with fishing ea assigned.
Then posted the template on the 1 minute in the simulator. So the template has the trend changes for the day chart marked on it for the 1 minute.
Set the ea to go short only. until the trend change shows long. then go long only. that's the plan anyway. So far so good.
$600 in 8 days so far .1 lots for $5000 account.
Will have to close all short positions when T3 goes green. So we will see what kind of losses there are then.

The T3 ma is too slow.
a cross of the 5sma and the 5lwma is much better.
So short only on Monday.

Am partial now to the lite wave. Bigger returns.

Using the Fishing ea
15 months adjusting for trend changes only trading short in down trends etc. brought 2 major losses for a total gain of only $1000
Having to use .01 per $5000 to allow for margin. In US only allowed 20:1... So every .01 EURUSD requires about $50 margin.

I will mostly like switch to an off shore broker... They're all pretty much crooks anyway. On shore off shore. What's the difference?
Then margin will not be so much a problem. Can get 1000:1....
Tradersway has been suggested.

Fishing can open a zillion positions to get that $1.
over 6000 trades.
Perhaps fiddling with the settings may get better results.

Just setting it up for both buy and sell and letting run was a total disaster.
It opens a million positions.

On the other hand using the same method of identifying the trend on the day chart using the moving average cross..
The dragon expert brought in $1122 using $1000, .01 and Martingale.
I'll have to test in segments since there is no way to control long or short in the simulator using the dragon.

$149 for 12/3/15 to 12/16/15... forced to close all at ma cross...
.01 $1000 equity
long only with dragon expert

$251 next segment starting $1000 and .01 short only...
this might be a good idea. To take any profit out when the trend changes until the initial investment is retrieved. Then take a percentage out. 50% seems good.

Testing in segments. This was buy only based on the ma cross on the day chart.
$65 12/23/15 to 12/30/15 .01, $1000

Sell only 12/3/15 to 1/8/16 $206 .01 $1000
modeling quality is not very good. It's every tick but still not very good.
Running on the demo during market activity will be the real test.

1/8/16 to 1/14/16
$225
Long only

Actually that first segment made 100% return. I could have been testing with only taking 50% out.
Not going to do it over. But I can start that now.
so this segment brought in $225..
I would take $113 out and start the next segment with $1112

$97 starting $1112 .01
Short only