asgard2

Re: EA TRADING FROM HOME

 

can you get to be more profitable and make a hidden sl and tp. if you have a better setting share for us?

Mate.. the way it is now, it shows promise.

First I write the code that can control it.. then I will optimise the settings.

I never scalp.. it is a sure way to loose.

if you want to try something different, set it to trade "buy only" and remove your stop loss and let your trades run with a trailing stop at 32 or 320 for five digit broker. Remove the take profit and step your trailing at 4 or 40.

I am not suggesting you do this live.. just run it in a visual backtest and go from there. Then you can work out what settings might work. After that optimise from there.

Then takle the sell side because the best settings will never be the same.

Re: Before buying an Expert Advisor

 

That would be really interesting :) What's your profit/loss ratio? Win and losses? Any other stats. It's always nice to hear success stories.

 

Whilst I'm making money, I'm no where near that rate!

No losses.. I don't like losses.. 82 wins from 82 trades.

A good EA should rarely loose...really rare.

Good logic, that is one thing.. the trading style is the other half.

Better not to get into a trade that is bad (that is why no limit orders).. if it happens, the EA should be able to get out of the trade at the first opportunity without a loss or thats my idea :)

Mind you.. I only put 5000 in each account, that is all I risk of my own money. When I double my money, I withdraw my original investment and let it run.

I only trade one EA on one pair for each account.

I don't freak out when the trade is running backwards for a while and I have no hard stop loss, only dynamic, (works on reversed logic and a couple of rules). That will not suit some people and I am sure I will be ragged for it, but (without bragging) I am making money.

I am thinking a dynamic trade hour as well might be beneficial. I think there is still plenty of improvement I can do.

I am working on dojie IDs as well.. I am pretty sure I can put candles to work better than they are now and tweak my current logic.

Re: EA TRADING FROM HOME

 

I think its not like Master Mind 3. Bcoz I have used Mastermind for so many days... long back. Though it was profitable... but the losses were exceeding its profits..... So I stopped using it.

 

But in case of FRED its still working profitable with EU and ofcourse with USDCHF since its a reverse pair of EU. I stopped using FRED with GBPUSD and EURGBP. FRED is only for EU.

 

I use this bellow settings.... and it makes only profits and breakeven trades. No losses yet. I now use at 30M only.

 

SL 50

TP 20

Trailing Stop 11

Trainling Step 2

 

Works very well. Other pairs than EU and UC incur huge losses with small profits...! So FRED is for only EU and its reverse pairs. USDCHF is a exact upside down of EURUSD. The movements are also exactly same reverse of EU. So I use FRED with UC too.

Well, you don't have to trust.. here is the code from both (don't forget there are two versions of Fred posted here)

int start() {
  if (TradeAtCloseBar) gi_176 = 1;
  else gi_176 = 0;
  g_name_296 = Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";
  gi_unused_292 = MarketInfo(Symbol(), MODE_SPREAD);
  int l_pos_0 = 0;
  double ld_4 = 0;
  double ld_12 = 0;
  ld_4 = 0;
  ld_12 = 0;
  if (CntOrd(OP_BUY, MagicNumber) > 0) gi_unused_248 = 1;
  if (CntOrd(OP_SELL, MagicNumber) > 0) gi_unused_248 = -1;
  g_iwpr_260 = iWPR(NULL, 0, 26, 0);
  g_iwpr_268 = iWPR(NULL, 0, 27, 0);
  g_iwpr_276 = iWPR(NULL, 0, 29, 0);
  g_iwpr_284 = iWPR(NULL, 0, 30, 0);

don't let the variables fool you.. the one above is the decompiled version Fred posted here on the first page.

The one below is the "TheMastermind3" code from the metaquotes page.

int start()
 {
if (TradeAtCloseBar) TradeBar=1;
else TradeBar=0;

filename=Symbol() + TradeLog + "-" + Month() + "-" + Day() + ".log";


Spread=MarketInfo(Symbol(),MODE_SPREAD);


//---- 
int   i=0;

double   BuyValue=0, SellValue=0;
BuyValue=0; SellValue=0;


if (CntOrd(OP_BUY,MagicNumber)>0) TradeLast=1;
if (CntOrd(OP_SELL,MagicNumber)>0) TradeLast=-1;

sig_buy=iWPR(NULL,0,26,0);
sig_sell=iWPR(NULL,0,27,0);
sig_high=iWPR(NULL,0,29,0);
sig_low=iWPR(NULL,0,30,0);

So, if you compiled and decompiled TheMastermind3, the code is exact, line for line. It is the same EA.

Your post implies you are scalping, not all EAs scalp well, why don't you adjust your settings.

Re: Before buying an Expert Advisor

I'm writing my own too although I don't think all paid for EAs are wasted. They have some good ideas and can be tweeked too. I agree it's a lot to pay and sometimes their ideas have been taken from public EAs.

 

Your success sounds incredible! Is that for real? Tell us a bit about your successful 2 months? What you started with. Frequency of trades. Profit/Risk. Trading style etc. ^:)^

Yes, it is for real..

I started with 5000 and I had 82 trades, my drawdown was 21,000 at one point. I was already 90,000 up, so I just shut my eyes and trusted the thing. Sometimes I am my own worst enemy but that time I was good.

Best thing I can do for you guys is take a video of a visual and post it so you can see how it trades. I will try and get that done in the next couple of days. Its a shame they have such limitations on the files that can be attached here.. makes posting stuff too hard to be convenient.

Re: Before buying an Expert Advisor

 

Mate, EA code improvement and experience is really the thing hard to get.

 

That's why can you advise what you normally check in EA to be "pre-approved" for interim tests?

Sure, it is hard to find an EA without BS hype. I really look for credentials in the first place. Like the EAs that have done well in the trading championships. I set the takeprofit high at 160 pips, the trailing stop at 35 and the step at 4. No stoploss because I want to see it trade, not loose.

Then I run them through some quick back tests and look for number of trades mostly. If the number of trades is high and the graph has a steady upward line, at this point I careless about profit. BTW, most do no pass the initial back-test. I do not freak out if the EA stops out. I just go to the date and run a visual and watch it trade. If I think is is a problem that can be fixed without compromising the logic.. I will muck around with it for a couple of hours. If not, it goes in the nogood folder (most of them live there)

If the number of trades is good, a bunch of "don't trade if this" or "don't trade if that", rules will take out, roughly a 3rd of the trades

Another example, if we see in visual mode EA enters when EMAs goes opposite direction, then insertion of simple EMA filter would decrease number of trades and only let leave trades going same direction as EMA.

 

Same with RSI - if we see that certain "bad" trades can be easily addressed by using RSI filter, we do it.

Yes, that is exactly right

These are some of the rules I added to my best EA

1) trade hour

2) if trade is in profit at trade hour close and no sl, set intrim trailing at break even.

3) if trade is not in profit at trade hour close, then close trade at first break even.

4) Don't use limit or instant execution orders

5) delete unused buystop every 14 minutes

6) if 5 is true, then don't reorder for 45 minutes.

7) Minimum Time between real orders 30 minutes

8) If MA crossing is higher than trailing stop, then take profit now.

9) Dynamic stop loss.. works on speed indicator and iAC

10) If buystop is taken out buy a spike close order now.

11) Divide buy and sell. inc stop order level, take profit, trailing stops, trailing steps, and indicator parameters.

12) Don't trade the NFP

13) Don't buy on 4hr downtrend, don't sell on 4hr uptrend.

14) If trade is one hour old and has reached 14 pips twice and is now 14 pips down, close at next break even and sleep 16 minutes.

So here is how it works.. It sets a buystop at 148 or 14 points for 4Digit. The logic is pretty good but if it is wrong, it deletes the buystop before the next candle and follows the market down with each reset and most times gets pretty close to the low for the day before it buys. It is pretty nice to watch.

It closes the order at tradehour because there will likely be a better opportunity next trade hour and it decreases risk of the market going south.

 

Again, if we see on visual tester that soon after entry it gets fulfilled with 5-7 pips, and EA has no trailing, we do insert trailing and see if performance improves.

LOL.. I think we are on the same system here.

So perhaps we could start a separate thread for exchanging experience in these matters as I'm really keen to share and learn from our active members, like Ryaz, William, Don, Birt, perhaps yourself and many others as I' ve started to look inside EAs just three-four monthes ago as I was not happy with existing EA performance and experienced a need to change it as I thought would be better.

 

Please share your thoughts on EAs improvements.

Well these are my thoughts mate.. and I am happy to share in a thread with ideas.

Re: EA TRADING FROM HOME

Fred / MasterMind3 / Forex Millionaire Code is same ?

 

thanks

 

CC

No, thats not right.. Fred from the Fred site is totally different code than MasterMind3.. not even close to the same.

Re: Before buying an Expert Advisor

Oh.. another point if the line set by your EA is a stair case.. don't touch it.

Re: Before buying an Expert Advisor

This info is not mine, i want to pass here for every one to read to prevent putting your hard money on the scammer like Mr. who made cashdetective..

 

Although these guidelines are tedious, they are meant to save you hundreds of dollars if you take the time to address each point.

Good Advice, I purchased four commercial EA's when I was new and none are good. They are Fapturbo, Magic, Universal and Forex Crusher.

The problem is not so much the money you spend on them as the time you waste and potential lost finding out they are no good.

I ended up spending two months learning the basics of coding. I found a free EA that was pretty good and I modified it with a bunch of rules to make it trade the way I wanted.

Live, it earned me, 192,341 in two months for real. It is well worth the time to learn the basics of coding yourself. (it took me about 2 months to learn what I have.)

Right now, I am modifying another really good EA called MasterMind3, I found it here originally disguised under the name of Fred. It is the championship edition.. I believe this will be another 200,000 a quarter EA when I am finished.

You can download Mastermind3 here, hxxp://codebase.mql4.com/download/11304

Don't blow your money on commercial EA's and don't trust any of those people selling them.

Re: EA TRADING FROM HOME

I downloaded both of the Fred files here.

One is actually MasterMind3 that has been renamed Fred. The other (from the Fred site) is a totally different EA.

MasterMind3 is very profitable (uses indicators) and I don't know if Fred is profitable because I didn't try it yet.

Re: show us your best trending ea

I have an old EA that was not bad and I modified it (took me two months solid) to be safer by adding short term trend.

Medium Term trend 2 weeks determines the take profit and it changes each day

Short term trend works on percentage of market drop in the last two hours by volume of orders in the market.

It waits until there is x movement in the ATR before it buys. x is variable depending on last 4 hrs.

It seems to be pretty successful so far but I only got it finished a little while back.

It does have other things like drop protection incase the market takes a dive and it does not trade high impact news days or the 6th of the month.

it trades up to 5 times a day but it has a bunch of rules that say, if this equals that..then do not trade. The harder you tighten the rules, the less profit it makes.

Re: Gepard3.1

 

look at those big drawdowns!!, IMHO it's not very safe specially for small accounts...

if someone has forward test please advise and share the results

tnx :)>-

To me drawdown is relative to deposit and risk.

If you think about it, you could half the drawdown and just open more pairs. It does 7 symbols at once and it doesn't have many losses.

The EA is highly configurable, your drawdown could be what you make it or would be happy to accept.

Re: Gepard3.1

outsh... I think this EA doesnt use stopLoose....

It' dangerouse..

it has a dynamic stoploss.. why would you say that?

You can set a hard stop if you want to loose all the time. The provision is there.. exactly what is wrong with most EA's X_X

Re: Gepard3.1

Here is a back test. Its ok but not enough trades..

http://rapidshare.com/files/267611630/Strategy_Tester__GEPARD31_2_.pdf.html

I will keep working on it.. so how are you guys going with this

Re: Gepard3.1

 

edu

http://[email protected]/674459

Thanks my man, I didn't realize that you had re-educated it. Great Job.

Also never thanked you for making all the links for the decompiler either and saving me so much work.. so, many thanks again.

What broker did you do your backtest with? 4 or 5 digit?

Re: Gepard3.1

backtest looks very good

 

http://[email protected]/674459

I have not seen a backtest only a forward test but that looks excellent on the USD/CHF. Just what I am looking for.

Anyway, I have a set file (rename this to .set) and I have a description of the settings (you will need to rename it to .doc).

I also have a key calculator (rename this to .xls). All compliments of google translate and from our friends in Russia.

Well people, I think we might be on our way. I haven't tried it yet but it looks like there is a config setting to allow back testing.

Cross y're bits!

Re: Gepard3.1

I think we need a coder to make backtesting work.

I will see if I can chase someone down with some knowledge in this area.

Re: Gepard3.1

here is decompiled without expire date and should also work on live.

However you have to look into the license key to make it trade. i am not a programmer. Maybe somone else can fix to work without license key.

http://[email protected]/680111

Thanks so much mograst.. good job!

Change these two lines and that will take care of the license key.

What the two lines are saying is

(first line) change account number to a constant

(Second line) Needs to be read with the rest of the code but "work if the account number calculation does not equal the licence key"

g_acc_number_1912 = 123456;

if (7.0 * (5.0 * (3.0 * g_acc_number_1912 + 4.0) + 6.0) == LicenseKey)

seems to work. I am not coder either.. so we will need to see

Re: POST YOUR EX4 HERE !!!! ( PART 2) :D

 

I think its already here... Search found this..

http://www.indo-investasi.com/viewtopic.php?f=36&t=4931&hilit=gepard

Hi Hacker, that version is not educated but I have it sorted now and I have posted the info.

cheers

A

Re: Gepard3.1

rex_fo and mograst, I posted the english manual below and I think it contains the serial number calculation.

If you want to educate it then these are the lines I think you need to change the two lines to the following

g_acc_number_1912 = 123456;

if (7.0 * (5.0 * (3.0 * g_acc_number_1912 + 4.0) + 6.0) == LicenseKey)

seems to work

I believe it works on any currency pair. Still working on a set file, it has a lot of settings so it might be a couple of days

noplan, so sorry if I stood on your toes. Apologies!

Re: Gepard3.1

I have opened topic on this EA, why keep open so many thread. Use search function instead of confusing peoples in the forum as well moderators.

I opened a new topic because your topic was not the same.. This needs to be educated.

If I can get this EA educated, I will work up a set file and post it for everyone.

The file below is actually a doc file.. it is rename to mq4 for the purpose of attaching.. you will need to rename it .doc.

This is the manual

Re: POST YOUR EX4 HERE !!!! ( PART 2) :D

Can someone educate this EA Gepard 3.1

http://[email protected]/555155

thanks for that

Can anyone educate this EA

http://[email protected]/555155

thanks in advance

Re: Help starting with Forex

Hello everyone,

 

I'm totally new to Forex... I have lost my job and want to make money through Forex... Is that possible... Can anyone give me any ideas where to start?

You can do it but it depends on how soon you can afford to wait to make a living.

I started out like you about 12 months ago and turned a profit after 3months, with very few losses.

This is how I did it (not in order, simultaneously) but it is horses for courses.

I went through the CDs called the insider code. They are available from this forum.

I went through Seve Nilsons candlestick charts course also on CD and available from this forum

I wrote a business plan, which made me look in places I wasn't looking. Made me define rules for myself.

I read non stop about all of the news events that would effect trading and I keep track of them.

I found a great EA called Evolution that I traded along side, it taught me the most! I didn't use it live because it has some problems. However I optimized it and it had 133 straight wins on the demo account. That along with the knowledge from the CDs will teach you about trading

I found a site in the UK does comparisons of Brokers and I demo'ed 10 all at once.. can be confusing, you need to keep notes.

Once you feel you know what you are doing, the next step is to read and re-read the fine print on these brokers. Finding a good broker is rare. For me Alpari UK was the worst (go figure?) and FXPro the best. This is not a recommendation, just something to keep in mind, you need to do your own research.

I started with two 5000 accounts. I withdraw money every other week.

Hope this helps you.

Hi, these guys look great but I am not really so sure.

The good things

No dealing desk

They answer emails promptly

They offer fixed 1 pip spreads on major pairs (except during the news)

They are very easy to open a real account with

They take paypal

They offer 500:1 leverage.

Accounts are insured.

Scalping is allowed on a per transaction fee.

Ok.. this all seems great so I go ahead and download the demo

Cannot change the leverage to 500:1 so backtesting and forward testing is out if that is what your EA needs to work. This apparently cannot be changed.

Ok.. so I open a real account (super easy) and ask for the leverage to be changed to 500:1 so I can at least backtest my EA.

However they will not change the leverage to 500:1 unless you deposit 5000 dollars in the account.

I have no guarantee that I can get my money out easily until I try but since I cannot even backtest with my ea, why would I put the money in the first place.

Unless someone here has used this broker and are happy with them, then I think I will give them a miss. Something doesn't seem right! Am I too cautious?

Please let me know if you have used them and what you think.

Re: Should all EA seller provice live forward test

 

Of course I would be using it , and I would sell it.. Whats an extra million or so worth to you.. If you dont think theres a viable market for a "Real EA" then you aint paying attention..

I don't think you are thinking clearly here.

If you had a viable EA (I mean it makes real money) then you could open as many accounts as you wanted with as many brokers as you wanted. Being a Billionare would not be that hard! Example, try a start figure of $100 and double it every day.

In that case an extra million for all the problems you have to go through to open and run a retail business would not even rate as a possibility, viable market or not.

What I was getting at is that the best EA's are usually free and not made up by some business minded opportunist!

The commercial EA's are not better because they cost money!