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stb3000

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Posts posted by stb3000

  1. I too have been exploring different methods to collect rebates on large volume. Ideally, a market neutral type strategy would be the way to go. However, finding a decent market neutral strategy isn't easy either. I know there are High Frequency strats out there, but they all seem to be very risky. It would be nice to have something in place that would just basically break even over the course of time while we could collect rebates month after month.
  2. The logic from watching the trades the first few days just seems to be scalping in overbought and oversold areas always with the overall trend.

     

    On the backtesting, the tick by tick testing is way too slow for whatever reason. Using open prices only won't be as accurate but much quicker. It appears that the ea opens trades on new candles anyway so open prices should give us a rough estimate of the performance at least.

  3. What do you guys think is a good setting, lot size or MM wise for this ea? I was consdiering 0.1 or 0.2 lot size trade per $1000 acc size. Perhaps even 0.15 instead. Does anyone think having 0.2 per $1000 acc size would be too risky for using this ea?

     

    By the way, anyone know how MM works on this ea? If default is 20.0, is that 20% max risk, or for example a 0.2 lot size per $1000 account size?

    That is way too high for a $1,000 account. Keep in mind, this EA will open multiple positions for different pairs at a time and some of the stop losses are 200+ pips. .01 per $1,000 would be much smarter.

  4. I've been backtesting uses open prices only (because every tick is way to slow with this ea) one pair at a time (specifying the pair in the SYMBALL) as the ea opens trades on open of new candle anyway. The backtest results will at least give an idea of the type of results and stop losses that are set with each pair. I am then combining them into mt4i desktop to see what type of exposure the ea is taking on correlated pairs to figure what the actual drawdown percentage could be estimated at for this year. So far, at least every pair i've tested the results have been positive. Does anyone know the actual trade logic behind this EA?
  5. the error messages are just error opening trade...invalid lots for order send error. error 4051. Seriously tadawul is the only broker i've seen this on. The results are actually really nice for the past year. Too many ea's that suck have great backtests going back 10 years. Example; M0rning Tr@de and Breakout Genuis have crappy results prior to 2009 as well but great forward results.
  6. made any progress on the programming. I have made lots of money with Dragonpips but now it is getting harder to trade with tadawul as they have started filtering it. Dynamic (constanstly) changing magic number feature would be awesome in addition to that news filter. I have had a lot of success with one of the older versions of dragonpips on the usdchf. I was also having lots of good trades with that same version on the eurusd but for some reason when i load dragonpips on the eurusd (on any broker) it wants to crash the mt4 platform. Don't know what is up with that. Hopefully "drago" can stay alive with this thread and in this forum because i feel like it is one of the only scalper i can trust with live money.

     

    Also, has anyone tried on fxopen ECN live? i've got a demo running the eurgbp on v2.02 but can't get the older version to run on the usdchf on fxopen. don't know why.

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