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fughe

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Posts posted by fughe

  1. This is another link to that damn website that doesn't make any sense. Everyone be VERY careful having anything to do with this. They claim to pay out huge amounts of money to the people running system, but there is no source of income anywhere. It screams SCAM. You have been warned.
  2. Nope, it didn't really help any at all. I already use trailing EAs to add functions. You can't put the system to the test without setting up a demo account and spending months or years waiting for the data. So therefore, the trailing EAs are worthless to test new concepts.

     

    My point is, it would be useful to know how to add an extra function that was entirely independent form the original EA to test different concepts. It would seem to be incredibly useful to have a piece of code that you liked for setting a BE (as an example), that you could paste it into the EA and add the necessary call in somewhere to initialize it without having to sort through hundreds of lines of code to integrate it. Or even set it up as a script and put in an external call to execute it from the EA.

     

    It seems to me that this should be possible, but I don't know enough about mq4 to know what is possible and what isn't yet. That is why i posted the question. Seems like this would be something fairly simple for a good coder to demonstrate with a real life example. For all that it matters, someone could even use the mt4 MACD EA as their base for the example, since everyone has access to that code.

     

    I am just trying to get this programming thread going with some programming schooling. Nobody has offered up any useful information about coding yet. I have given an example of a concept that i would like to understand. So, if nobody wants to tackle this concept, then please, at least start somewhere.

  3. Well, since this a a coding/programming subforum intended to teach programming skills..... and since it seems every post in recent history is missing the point.....let me bring the focus back to the original topic with a very useable question.

     

    Let's say you have purchased an EA that gives great signals, but often allows the market to fall back to a loss. it already has a built-in trailing logic that works great over the long term, but you want to try and kill some of the losses by adding a breakeven setting to it. How would a person go about adding a simple breakeven function to this commercial EA, that would allow them to set when the BE triggers and how far it will move the BE into profit?

     

    Someone can easily select a random decompiled EA from the forum and display the EA before and after the code has been added. i believe at least a few new coders (me included) would find information like this to be useful as it would demonstrate how to incorporate entirely new functions into an EA without having to code the EA from the ground up with the function planned from the beginning.

  4. From my understanding of it.....

     

    You need an absolute minimum of $1000 for a single pair using 400:1 leverage 0.01 lot available size on initial opening order WITH hedging activated. If you have less leverage, you need more cash. if you don't use hedging, you need more cash. If you don't have micros available for initial opening positions then you need a LOT more money (add an extra $99,000). We are ONLY dealing with what is necessary for a SINGLE currency pair.

     

    Use those numbers to calculate what your minimum account equity needs to be.

     

    Additional notes on hedging.... The way this EA works, it is highly recommended to use hedging. It is assumed that this EA will go into huge DD. If you activate hedging, it will continue to make money as teh DD increases due to the continued opening of positions in the direction of the trend. This also gives a near 100% guarantee that you will always have a big DD.

     

    If you are brave enough to run this EA, make sure you have plenty of capital and a back up incase you need to dump extra money into the account to avoid a margin call. Martingales are terrible for doing that. Also be aware that using another EA in the account will use extra equity. If you use another EA in an account with TEA, you WILL need to monitor the account regularly to ensure the equity level maintains a high availablity to TEA. it is recommended to give TEA an account of it's own.

  5. From my experience, a simple manual system is fairly easy to program into an EA. A really good comprehensive manual system, that seems straight forward to a human trader, is wickedly complex to put into a hard-coded set of rules. Add to that the fact that the logic must continually be "updated" to adapt to current market conditions.
  6. Wow....the further this gets into the test, the more I find it hard to believe it could ever be profitable on a live account. It is opening orders, making multiple modifications, and closing out in under a second. The equity curve is insanely good, but it will be a miracle if it works on a live a account.
  7. Well, I just started a dukas data test on it. had to find out what was going on. I can verify that it is a hardcore scalper. To make this work on a live account, you will need a wickedly fast broker. You think MDP is a hardcore scalper.....Hahahahahahahaha! MDP doesn't have anything on this.

    So, I guess I will open a penny account and put $100 in it, Set it to trade a single nano lot for the duration of my 90 day gaurantee. then if it doesn't trade profitably, I will pop over to plimus and get my 100% guarantee, plus the extra $100 if it doesn't trade profitably. On a $100 acc, even if it does blow the account, I will still end up with a profit! So I win either way! :)

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