EXMQ1 Expert Advisor - 50% Profit Monthly

[liamsi]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

ghost127: i found the problem

1) we need a stop i dont know how to do it

2) i use forex open it is 2hrs behind gmt ie gmt 12.00(0.0) forex open is 10pm(22:00)

i have been using +2 that is why my accounts are not blowing up

i use 0,-1,-2 they blow up.

 

so try using different gmt settings just try this month of march 2010 for test

u wont make as much but it should not blow up.

let me know

thanks

[fxuser1]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

Yes..this EA really needs a working STOP LOSS...or better one where we can specify the inputs!

[liamsi]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

change int SL=100;

to extern int SL =100; then u can input any SL amount in the expert

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

I would like to share my tip on this:

 

the logic on this EA works. I re-program it into my scapler EA with SL=43, and MaxOpenHours for each order is 2 hours, it works well in for 2009/2010 test (Dukascopy version).

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

Forget to mention, another change I applied is to set working hours from 19-23GMT, rather than 19-24 GMT, and use a filter system based market volatility in last one hour.

[savasava]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

I would like to share my tip on this:

 

the logic on this EA works. I re-program it into my scapler EA with SL=43, and MaxOpenHours for each order is 2 hours, it works well in for 2009/2010 test (Dukascopy version).

 

 

Can you share your modified version with us ?

[fxuser1]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

change int SL=100;

to extern int SL =100; then u can input any SL amount in the expert

 

 

Hmmm...I don't have the above code all I see is the following:

 

extern double StopLoss=50.0;

int SL=100;

 

So, do I just make these both 100?

 

 

when i run it on the backtester it will ONLY take SELL trades and the SL price will say 50.00000 so something is seriously wrong with the code I tried to fix.....can anyone post a new mq4 code from the one i tried to fix, which was the second code i shared?

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

Here you go. :geek:

 

It is my revised version of EXMQ1, totally re-written.

 

Changes are:

1. Set SL to 43

2. Support Duskascopy testing with DST support (birt's method) -- Set TestWithDukascopy to TRUE

3. Use OrderSendReliable library

4. Use MaxLots theory to enable dynamic lots

5. More reliable program logic and structure (my own framework)

6. Fixed Turbo-JRSX2 indicator so that it runs much much faster

7. Added market filter to avoid volatile market

8. Reduced the trading window to GMT19-GMT23

9. first trade will closed within 2 hours, two supporting trades will be close within one hours after opening (this is an important feature to control risk)

 

It is better to test with MT4 (Dukascopy) so that modeling accuracy is 99%, my test for 2009 fully year is 300% increment. Using MT4 its own backtesting, the accuracy is only 25% and test result will be misleading. <):)

 

http://depositfiles.com/files/fa6rqgdr9

:D

 

Kudo pls if you like it. :-bd

[fxuser1]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

is the actual Turbo indicator that you have EX4 changed..or only the settings in the EA?

 

How are the risk settings determined?

[fxeasy5]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

puzzlebird,

your version is opening trades on FXOPEN demo backtest ( FXOPEN has minimum lotsize = 0.1 )

but after some trades it tries to open wrong lot-sizes like 1.41 .

Of course the platform returns order-send errors and not further trades are opened.

 

On forex4you-platform ( 4 digits, microlots ) it does not open trades in backtests.

No error-messages, it just runs through with zero trades.

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

Thanks for the feedback. Because the revised EA is more for myself (in FXCM), it does work there in both backtest and live test. If you decompile my ex4 file, you may check on GetLots functions to see what might be wrong. You may also turn on "DebugMode" parameter to see more printout, that may help as well.

 

On the other hand, you may set "FixedLots" to non-zero value, so that the dynamic lots function will be overridden..

 

The revision on Turbo is to change the indicator itself with limited bars to consider. so you may consider using mine updated version to get much better performance in back test.

[San4x]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

puzzlebird,

 

Nice work, I appreciate the sharing.

I do think this EA might have potential. Your modifications might be on the right track! :)

 

Kudos.

[MetaCrazy]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

where does one get the dukascopy's MT4 so that we can test with 99% backtest?

[San4x]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

where does one get the dukascopy's MT4 so that we can test with 99% backtest?

 

Those two things are not related.

 

You can test on Dukascopy MT4 as a broker, will -probably- still get 90% modeling quality.

Visit Dukascopy website and apply for MT4 demo.

 

You can also chose to backtest with 99% modeling quality using Dukascopy tick data.

This can be done on any platform, no matter which broker.

It's posted here in the forum (I even believe it's a sticky) on how to do this.

Alternatively, you can visit

http://eareview.net/tick-data

[MetaCrazy]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

 

Changes are:

1. Set SL to 43

:D

 

is the SL internal? i'm running a backtest and it is setting a SL of over 100 pips.

 

thanks for rewriting this EA.

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

I should clarify that what I mean for "Set SL to 43" is following expression

 

stoploss = MathMax(2*iATR(Symbol(),PERIOD_H1,14,0)/gPointValue, 43);

 

So if the market is relatively volatile and not filtered by market filter, the SL may be larger than 100pips, but it would rare, and lot size will be reduced accordingly to manage the corresponding risks.

[MetaCrazy]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

puzzlebird, the original version had a lot sequence, for example, of 0.1, 0.1, and then 0.4. your version starts the lot increase on the 2nd lot sequence.

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

MetaCrazy,

 

this is what original version lot size:

lot1 = 0.1 (assuming it is 0.1)

lot2 = 0.1

lot3 = 0.3

 

mine is

lot1 = 0.1 (assuming it is 0.1)

lot2 = 0.2

lot3 = 0.2

 

This keeps the same risk level (almost), but high profit potential as to the back test.

 

In my forward test on demo account, it has three trade today. 2 win, one loss (close because it last more than two hours)

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

http://www.mediafire.com/?2zcajtnnwhi

 

As requested by a few guys, here is the 2009 back test using Dukascopy data in MT4, 99% modeling. Risk level is 4%, you can increase to 7% so that profit will be much higher...

[fxuser1]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

Whoa......why is your backtest on Dukascopy 2009 set with BROKER TIME -5? Isn't it GMT+1????????

 

Also i thought this EA was for the 1min time...but I see you have it on 5min Time?

 

Thanks

[Karsus]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

The Live statement shows a massive dive in profits.

[fabiomesmu]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

This site is pure SCAM ... The trades are handled ...

 

One day came an order with a value in EURUSD absurd. A value that the U.S. had ever achieved since October 2009. I got in touch asking what was the broker and how she had managed to reach that amount liar. They simply edit the trade of the Statement. I do not know how, but they can manipulate the statement and make it appear on the site of REAL MT4STATS.

 

Sorry for my bad English.

[puzzlebird]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

Whoa......why is your backtest on Dukascopy 2009 set with BROKER TIME -5? Isn't it GMT+1????????

 

Also i thought this EA was for the 1min time...but I see you have it on 5min Time?

 

Thanks

 

 

1. When you specify "TestWithDukascopy" parameter, the GMToffset is set internally to override brokertime

2. When using dukascopy data, M5 includes all the ticks as M1 test, so it does not matter.

 

Forward testwith my own copy today has 4 trades, all wins.

[Stormin_Norman]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

This site is pure SCAM ... The trades are handled ...

 

One day came an order with a value in EURUSD absurd. A value that the U.S. had ever achieved since October 2009. I got in touch asking what was the broker and how she had managed to reach that amount liar. They simply edit the trade of the Statement. I do not know how, but they can manipulate the statement and make it appear on the site of REAL MT4STATS.

 

Sorry for my bad English.

 

your english is fine.

 

you can edit mt4 stats, by sending the mt4 server the statement file from the account, after you have edited it. mt4 stats merely takes a html file it is sent and reformats it.

 

fxbook with verified trades makes it more difficult to fake things. mt4stats is easly.

 

i know someone who lost a big chunk of their account on this monster -- unfortunately they didnt do enough hopework and critical evaluation before using it.

[fxuser1]

Re: EXMQ1 Expert Advisor - 50% Profit Monthly

 

i Test this version and all goes very well until Dec 03-08 2009, where it almost wipes out the account! Any ideas?