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Modified EA, BT results it promising from 1K to 5M within 2 Yrs


Dacky

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Guest dann0000
..well..I have to wait almost a week for first trade....but....what we can`t do for a good EA...??.....and the display info is so nice...I really love it.....is a way to trade more often..?.something to optimize..?..but I am so lazy trader... Edited by dann0000
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anyone else got no trades with GoMArkets?

 

I had 4 trades Friday on a Go Markets Demo. ECN set to True

 

2900729 2011.03.11 01:59 sell 0.68 eurchf 1.28639 1.28819 1.28526 2011.03.11 04:10 1.28819 0.00 0.00 0.00 -131.43 3152645 DKT XC90 EUR-CHF[sl]

2900732 2011.03.11 02:07 sell 0.53 eurchf 1.28662 1.28842 1.28526 2011.03.11 05:09 1.28648 0.00 0.00 0.00 7.98 3152645 DKT XC90 EUR-CHF

2900733 2011.03.11 02:15 sell 0.42 eurchf 1.28646 1.28771 1.28570 2011.03.11 02:59 1.28771 0.00 0.00 0.00 -56.32 3152645 DKT XC90 EUR-CHF[sl]

2900734 2011.03.11 02:15 sell 0.32 eurchf 1.28660 1.28840 1.28570 2011.03.11 05:09 1.28643 0.00 0.00 0.00 5.85 3152645 DKT XC90 EUR-CHF

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..yeah..that`s true...internal SL don`t work...but why TP function on internal..?..starting BT with visible SL and TP...DAMN...LOOKS NICE...

 

..seems I understand something...don`t hide SL and TP...it will work on internal SL and TP...where...SL don`t function..only TP...and smell like holygrail facelift...:))

 

...internals SL and TP are really strange...

 

Ce-ai folosit pt. rezultatele alea ? SL 0 ? Hmm- SL 18 TP 8. Unbelievable...

 

I can see the problem- the last order was closed with a 41 pip loss- that would not have been possible if the 18 pip SL was working. The EA is not closing the orders at SL and is only closing in profit. Under these circumstances no wonder they're all wins.

 

 

There are two options in this EA with TP and SL:

Option 1 - Use the external TP = 8, SL = 18. To use these you must set Internal_TP or Internal_SL to FALSE.

Option 2 - Allow the EA to calculate the TP and SL dynamically (Fractals) which will occur when Internal_TP or Internal_SL are TRUE.

 

Examples:

Internal_TP = TRUE, Internal_SL = FALSE, will result in TP = Dynamic, SL = 18

Internal_TP = FALSE, Internal_SL = TRUE, will result in TP = 8, SL = Dynamic

Internal_TP = TRUE, Internal_SL = TRUE, will result in TP = Dynamic, SL = Dynamic

Internal_TP = FALSE, Internal_SL = FALSE, will result in TP = 8, SL = 18

 

However, I don't recall if the hidesl & hidetp functions are coded to monitor for the internal TP & SL values. I'll have a look.

 

EDIT: As suspected, the hidesl and hidetp functions force the EA to close orders using the external TP and SL only. I will update.

 

Regards,

JonDgls

Edited by jondgls
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Hello V34 gives me better results with Hidden and Internal SL and TP (all 4) set to true

 

In V34, with hidesl, hidetp, Internal_SL & Internal_TP set to TRUE (all 4), the Internal_SL & Internal_TP are ignored and orders are closed based on the external SL & TP values only.

 

Can you post a link that has V34? It appears that version is no longer available to download.

 

To reproduce the same results in V35 set as follows:

hidesl = TRUE or FALSE (doesn't matter)

hidetp = TRUE or FALSE (doesn't matter)

Internal_SL = FALSE

Internal_TP = FALSE

 

Regards,

JonDgls

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  • 2 weeks later...
  • 3 weeks later...

Hi Dacky and other members,

 

1. Dacky : I am very impressive by backtesting results. But when putting this ea, version V3.5 on demo forward-testing, results are not very good, due to stop loss often BE HIT.

 

Could you please share your good preset files for EURCHF, and EURGBP ? Thanks.

 

2. To other members : This EA does have good potential if all of us can give it a FOCUS. Please share your forward-testing results and your ideas to improve this ea better and more profitable on live forward-testing.

 

Thanks a lot

Jennifer

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Sorry to drain your excitement, the only way to test an EA is on a live account, live feeds. 99% of the EA;s are rubbish. Learn how to trade forex using price action so u can succeed. EA's will blow your accounts. I trade harmonic patterns, fibs and supports. I have tested so many EA's on live accounts and are a waste of time. Only ones making money with the EA's are the BS marketers.
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