The amazing Dashboard EA built on the Babon Scalping System
- #107
- Edited 7:12am Apr 8, 2017 6:44am | Edited 7:12am
- Joined Jan 2012 | Status: Trader | 1,862 Posts
Thank you @wangyu for sharing your EA. I find it is not bad (leads to a balanced result 50/50 now). If you change SL-conditions it may be more better.
From time to time I try an EA
. I have not been successful to find an effective EA 
But this is my personal experience.
test results EA Balson v2.2 Demo, Brokers time GMT+3, 5 Digits
Results 06.04.17 (from 13:23 broker time) and 07.04.17 full day.
I used automatic action without consideration of influencing variables (red news, earlier close on Friday ... special times to start and finish automatic)
EA settings: default, AutoTrade: all, Lot 0,01 Micro, no Swap, included all possible underlyings
Result (for this short time): 15 winner = 19,67 EUR, 4 looser = ./. 20,01 EUR, see below
Further I show you Chart GBPJPY M15 for this time and all deals EA made in this time.
Deal Number 1, you see green for the direction (long), as wished after entry. Light gray means: deal was running in opposit to direction wished too.
dark gray: deal was not running this way but would bee possible (allowed distance to SL)
Deal Number 2, after starting deal it was running successfull (long), only a little bit to tp, dark green. At least took the way to planned SL, dark gray.
conclusion: Especially if there are no successfull filled orders (up to 15,00 EUR) for compensation losses must be cutted.
Thanks once more wangyu, I am interested in further results of your development.
From time to time I try an EA
. I have not been successful to find an effective EA But this is my personal experience.
test results EA Balson v2.2 Demo, Brokers time GMT+3, 5 Digits
Results 06.04.17 (from 13:23 broker time) and 07.04.17 full day.
I used automatic action without consideration of influencing variables (red news, earlier close on Friday ... special times to start and finish automatic)
EA settings: default, AutoTrade: all, Lot 0,01 Micro, no Swap, included all possible underlyings
Result (for this short time): 15 winner = 19,67 EUR, 4 looser = ./. 20,01 EUR, see below
Further I show you Chart GBPJPY M15 for this time and all deals EA made in this time.
Deal Number 1, you see green for the direction (long), as wished after entry. Light gray means: deal was running in opposit to direction wished too.
dark gray: deal was not running this way but would bee possible (allowed distance to SL)
Deal Number 2, after starting deal it was running successfull (long), only a little bit to tp, dark green. At least took the way to planned SL, dark gray.
conclusion: Especially if there are no successfull filled orders (up to 15,00 EUR) for compensation losses must be cutted.
Thanks once more wangyu, I am interested in further results of your development.
- #108
- Apr 8, 2017 7:03am Apr 8, 2017 7:03am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #109
- Apr 8, 2017 7:16am Apr 8, 2017 7:16am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #110
- Apr 8, 2017 7:20am Apr 8, 2017 7:20am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
{quote} is anyone paying attention??? This ea opened 97.7 lots by itself on a trade and lost $10000!!! You haven't responded.
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #111
- Apr 8, 2017 8:15am Apr 8, 2017 8:15am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
Hello brother wangyu863gma,
thank you for sharing your dashboard. It seems to be a trading tool which is worth to have a closer look and we can challenge with. Like what you wrote already it seems to work the very best around the market openings, however, we let it run 24/5 and at the end of a predefined timeframe we will analyze what times are the best for trading.
We started late on Friday hence, we missed some trading opportunities already and the result may not show correct the total compared to yours or others.
That's how it looks at the moment with a total of approximately -165 Pips.
The total since starting at 11am GMT +1 of approximately +235 Pips.
It's still in profit with something like +70 Pips.
Q: Why the NZDCAD was closed? Basket TP/SL was not hit.
Looking forward to your response.
Jibala
thank you for sharing your dashboard. It seems to be a trading tool which is worth to have a closer look and we can challenge with. Like what you wrote already it seems to work the very best around the market openings, however, we let it run 24/5 and at the end of a predefined timeframe we will analyze what times are the best for trading.
We started late on Friday hence, we missed some trading opportunities already and the result may not show correct the total compared to yours or others.
That's how it looks at the moment with a total of approximately -165 Pips.
The total since starting at 11am GMT +1 of approximately +235 Pips.
It's still in profit with something like +70 Pips.
Q: Why the NZDCAD was closed? Basket TP/SL was not hit.
Looking forward to your response.
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #114
- Apr 8, 2017 11:24am Apr 8, 2017 11:24am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #115
- Apr 8, 2017 11:25am Apr 8, 2017 11:25am
- Joined Jun 2014 | Status: Trader | 2,498 Posts
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #116
- Edited 12:52pm Apr 8, 2017 12:41pm | Edited 12:52pm
- Joined Jan 2012 | Status: Trader | 1,862 Posts
{quote} It has been adjusted to GMT +2 mt4 server time because of Daylight Savings Time Changes one mth. ago or so.
Your trades GBPJPY see below
The correct brokerage time is important in order to determine whether the broker is performing the EA correctly (in time, completly all underlyings and in price) in comparison with other traders.
Thanks for submitting your trading results so I can compare.
wish you all the best
- #117
- Apr 8, 2017 2:29pm Apr 8, 2017 2:29pm
- Joined Jun 2014 | Status: Trader | 2,498 Posts
{quote} Your information was unfortunately wrong, your brokers time is GMT+3 Your trades GBPJPY see below The correct brokerage time is important in order to determine whether the broker is performing the EA correctly (in time, completly all underlyings and in price) in comparison with other traders. Thanks for submitting your trading results so I can compare. wish you all the best
This means trading hours will change for all three weekends. European based markets will open one hour later relative to server time but will resume its previous trading hours when Europe enters daylight savings.
but the Broker is 1h ahead and we are at GMT +1. Whatever it is for you.
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
- #118
- Edited Apr 9, 2017 2:34pm Apr 8, 2017 3:06pm | Edited Apr 9, 2017 2:34pm
- Joined Jan 2012 | Status: Trader | 1,862 Posts
{quote} Maybe I was a bit confused by {quote} but the Broker is 1h ahead and we are at GMT +1. Whatever it is for you.
It is crucial to look at the GMT clock
https://www.timeanddate.com/time/zones/gmt GMT nowand to name your broker's time interval. Open MT4, see view--> Market and brokers time
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edit: April 9
This clarification of the times concerned the case when the traders compare their trades in brokers excel-like surveys, see for instance #111
On the other hand, be careful in setting session time in your EA, this time is your PC-Time/local time.
But in Chart it differs to PC-time if brokers time is not the same as your PC/lokal time.
This I found in pdf #1 Dashboard Babon Scalping System Input Parameters
{quote} Maybe I was a bit confused by {quote} but the Broker is 1h ahead and we are at GMT +1. Whatever it is for you.
By failing to prepare, you are preparing to fail.
