dumbert

When I looked into forex trading two years ago, I developed a tool that lets you combine MT4 backtest results to see how a portfolio of EAs performs.

I lately uploaded the script to my server and thought this might be useful in this thread.

So everybody can test how a portfolio of the EAs posted here might perform.

Here’s the link:

http://s309556733.online.de/

Have fun :)

has anyone coded this strategy yet.

or is there any interrest in the strategy?

If market is trending this will propably work.

But be carefull if market is ranging.

This could kill your account.

The question would be, how could big players profit from targeting an EA.

The two possibilities I can think of would be:

1. to cause a fakeout, and profit from the further movement as the EA opens positions (as with stop hunting)

2. to cause the EA to close the positions and profit from that movement

But in both cases this would only work if enough people are using the EA with enough volume. E.g. 1000 people using an EA with small minilots will probably not move market in any direction.

So the question is, are there enough people using Wallstreet EA with enough funds to cause any market movement.

And that's what I doubt. So I can't see how big players could profit from targeting Wallstreet EA.

Another thing are manipulative brokers... they might target Wallstreet and manipulate the price feed.

But that shouldn't be possible using ECN brokers.

Just my toughts.

Maybe mathprav or anyone else has some further insights, so please correct me if I am wrong ;-)

even if they wouldnt read this forum, if regular license information was used, wouldnt the ea then be limited to 3 live accounts?

otherwise maybe it is possible to somehow encrypt the license information, maybe somewhere in the dll, to at least make it harder for them to find out whos license is used.

Hi,

I am currently testing two EAs (WallStreet and Kangaroo) to use on the same account. I did some backtests with Dukascopy Data and merged the results together in Excel to analyse.

Thereby I found that it can happen that both WallStreet and Kangaroo have open positions with all of their pairs at the same time. This doesn't happen often, but it is possible. When left at their standart risk settings (Kangaroo: 20% per pair, WallStreet 5% per pair) there is a chance that at some point both EAs risk in total about 60% of the account (actually it would probably be less, as the EAs calculare their lot size according to the free margin, which will be decreased with each trade opened).

The dilemma now is: this happens only a few times. Reducing the risk of each EA would reduce the overall risk in such a situation, but also reduce the profits of trades where no other EA is trading.

Therefore I was wondering if it somehow is possible to automatically turn of an EA when another EA is trading? Is there already some EA, script or plugin which could realize this, or is it possible to code somthing?

I am grateful for any replies!

Thanks!