[SHARE] Forex Shockwave

[e24]

Ok it trades with the suggested TP and SL i will say that ninety percent of the trades you will be protected by your 5 trailing stop once that is triggered it kicks in so if anything you will make a lot of 5 pip gains it seems to be a breakout type of trade

[Don]

Well, I have tested on M1, M15, H1, H4, from Jan.01, 2010 up to date.

Looks not too good. My best result was so far on H4, 4 out of 4 trades won, traded only on 2 days, 1.61% DD, SL 80, TP 500, trail 10, UseHourTrade false, MM true, Micro true, Risk 10%, starting fund $1000, profit $60.11 :D

[e24]

Sorry i don't know how to back test so i test it live with small account if blows account throw away try the next one

To Me back testing will never give you true indication on the EA preformance

Test live and watch what the EA does

[Don]

Ok, I found something.

I place it on EURUSD, M5, SL 500, TP 500, Trailing 5, Maxtrades 1, MM true, Risk 5%, Micro true, UseHourTrade false (it trades all day).

SL 500 seems too big, but it's not a hard SL, the EA handles rough situations internally.

Here is what I've got:

 

Test results on EU, M5, 01.01 to 08.18 2010.:

http://www.mediafire.com/?0c2sah89pkaqw78 

 

Just for your info: there is a huge hole in the Metaquotes EURUSD history data. From 05.08.2010 to 07.07.2010 all the data is simply missing... (Those with Alpari UK etc. MetaTraders are all downloading history data from Metaquotes, not from Alpari.)

 

Edit: This backtest above was created while I was logged in to a demo account. Since Alpari uses the Pro servers' data for demo purposes, therefore it shows much better spreads than the ones are coming from the old Classic or Micro servers. For example it shows 0.6 pips instead of 1.6 pips on EU. Now I have made another backtest while I was logged in to my live Classic account. The results are a bit worse (DD 25% instead of 21%) because the backtester gets the worse spreads of the Classic account.

Edited August 18, 2010 by Don

[MetaCrazy]

don, this EA is optimized for 2010. try a 2009 back test. not so good.

[jamestan1978]

got a live trade today. it went 88pips profit, i close it manually

[jamestan1978]

the problem with trailing stop is when it start going abobe 5pips profit territory, if from the start the trade went negative and the trend continue to go against you..it will just slllliiiiddde into a very long long trade.

also with stop loss at 150pips i have to use very small lots to trade.

[Don]

Anybody has Forex ShockWave "KILLER" edition?

http://fxshockwavebonus.com/

[halcyonn]

got 6 trades with it from 21 gmt to 0600 gmt.one loser 5 winners.the loser was covered by two wins.all in live testing .01 lot on an ecn broker.

[newbie111]

@halcyonn what settings and time frames are you using?

Thank you in advance

[Stormin_Norman]

Anybody has Forex ShockWave "KILLER" edition?

http://fxshockwavebonus.com/

 

*rubs eyes*

 

is that you don? THE don!?

[⭐ musketeer]

Ok, I found something.

I place it on EURUSD, M5, SL 500, TP 500, Trailing 5, Maxtrades 1, MM true, Risk 5%, Micro true, UseHourTrade false (it trades all day).

SL 500 seems too big, but it's not a hard SL, the EA handles rough situations internally.

Here is what I've got:

 

Test results on EU, M5, 01.01 to 08.18 2010.:

http://www.mediafire.com/?0c2sah89pkaqw78 

 

Just for your info: there is a huge hole in the Metaquotes EURUSD history data. From 05.08.2010 to 07.07.2010 all the data is simply missing... (Those with Alpari UK etc. MetaTraders are all downloading history data from Metaquotes, not from Alpari.)

 

 

be sure to get mt4 from there: http://www.alpari-forex.com/

you will be surprised when get history data :)

just try it

it is best ever for BT!

[Don]

Hi Norm! That's right, it's me. Just came back to see what's going on here. :)

[halcyonn]

@halcyonn what settings and time frames are you using?

Thank you in advance

 

 

the timing inputs for shockwave are the platform time so adjust these for it to trade from 21 to 6 gmt in the inputs of the ea,adding or substracting as need be.

[jamestan1978]

Hi halcyonn I thought the manual mentioned 19-23 ? How did you derive 21-6?

[halcyonn]

by trial and error.

[Stormin_Norman]

maybe you came up with what the 'killer' version found.

 

has anyone come across its settings?

[douggie]

Thanks for that, Doug.

[jamestan1978]

just gotten a 100pips SL hit

[richdad711]

just gotten a 100pips SL hit

it might be broker dependent because i didnt get 100pips SL on GoMarkets

first SL today with just 10.2 pips

[jamestan1978]

was using 6-21gmt setting