e24 Posted August 18, 2010 Report Share Posted August 18, 2010 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 Quote Link to comment Share on other sites More sharing options...
Don Posted August 18, 2010 Report Share Posted August 18, 2010 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 Quote Link to comment Share on other sites More sharing options...
e24 Posted August 18, 2010 Report Share Posted August 18, 2010 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 Quote Link to comment Share on other sites More sharing options...
Don Posted August 18, 2010 Report Share Posted August 18, 2010 (edited) 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 Quote Link to comment Share on other sites More sharing options...
MetaCrazy Posted August 18, 2010 Report Share Posted August 18, 2010 don, this EA is optimized for 2010. try a 2009 back test. not so good. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 19, 2010 Author Report Share Posted August 19, 2010 got a live trade today. it went 88pips profit, i close it manually Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 19, 2010 Author Report Share Posted August 19, 2010 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. Quote Link to comment Share on other sites More sharing options...
Don Posted August 19, 2010 Report Share Posted August 19, 2010 Anybody has Forex ShockWave "KILLER" edition? http://fxshockwavebonus.com/ Quote Link to comment Share on other sites More sharing options...
halcyonn Posted August 19, 2010 Report Share Posted August 19, 2010 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. Quote Link to comment Share on other sites More sharing options...
newbie111 Posted August 19, 2010 Report Share Posted August 19, 2010 @halcyonn what settings and time frames are you using? Thank you in advance Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted August 19, 2010 Report Share Posted August 19, 2010 Anybody has Forex ShockWave "KILLER" edition? http://fxshockwavebonus.com/ *rubs eyes* is that you don? THE don!? Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
⭐ musketeer Posted August 19, 2010 Report Share Posted August 19, 2010 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! pitc 1 Quote Link to comment Share on other sites More sharing options...
Don Posted August 21, 2010 Report Share Posted August 21, 2010 Hi Norm! That's right, it's me. Just came back to see what's going on here. :) Quote Link to comment Share on other sites More sharing options...
halcyonn Posted August 21, 2010 Report Share Posted August 21, 2010 @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. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 21, 2010 Author Report Share Posted August 21, 2010 Hi halcyonn I thought the manual mentioned 19-23 ? How did you derive 21-6? Quote Link to comment Share on other sites More sharing options...
halcyonn Posted August 22, 2010 Report Share Posted August 22, 2010 by trial and error. Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted August 22, 2010 Report Share Posted August 22, 2010 maybe you came up with what the 'killer' version found. has anyone come across its settings? Quote "It is inconceivable that anyone will divulge a truly effective get-rich scheme for the price of a book." Victor Niederhoffer (1943–), US hedge fund manager and statistician Link to comment Share on other sites More sharing options...
douggie Posted August 24, 2010 Report Share Posted August 24, 2010 Thanks for that, Doug. Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 25, 2010 Author Report Share Posted August 25, 2010 just gotten a 100pips SL hit Quote Link to comment Share on other sites More sharing options...
richdad711 Posted August 25, 2010 Report Share Posted August 25, 2010 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 Quote Link to comment Share on other sites More sharing options...
jamestan1978 Posted August 25, 2010 Author Report Share Posted August 25, 2010 was using 6-21gmt setting Quote Link to comment Share on other sites More sharing options...
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