Ea # 1

[sergey]

Hi,

 

I want do share and discuss about EA which I testing now on small live account around 2 months. I use it now without money managment, with fixed lot 0.01 on $100 account. This EA have fixed TP = 30 pips and SL = 10 pips. Rules based on the RSI8 and filter with few lag MAs. EA developed for these pairs: EURUSD M5, GBPUSD M5, USDJPY M5, USDCHF M5

 

My live statement http://www.tradestation8.narod.ru/ea/statement.htm

 

Download http://www.tradestation-download-free.com/img_forums/EA1.zip

 

http://www.tradestation-download-free.com/img_forums/ea1_pips_in_month.png

 

http://www.tradestation-download-free.com/img_forums/ea1_strategy_tester.png

[wesladf]

Okay man thanks for sharing this and so far as I can see this your statement look good infact its is really a good result so far. Meanwhile I just downlaoded the EA and i will start testing it immediately.

Thanks

[Guest james_phuc28]

Hi Sergey,

 

1. I noticed from your live account statement that TP is 15 pips, and stop loss is 30 pips.

It was used on Eurusd. How about gbpusd, usdchf, and usdjpy ? Do you have any forward-testing results on these 3 pairs, even on demo accounts is fine.

 

+ By the way, in your backtesting, the TP is only 10 pips, but while you put TP = 15 pips on your live account? So, which TP is the best in your opinion?

 

2. From your backtesting results, although max drawdown is low, the net profit per 10 years is extremely low (622.73 usd only). How can we live/survive for 10 years with little profit like this?

 

I think you should add "Money management option" in this EA, so that it will automatically increase lot size once the account balance and equity increase. Then, please kindly do backtesting for 1 year (from Jan, 2009 up to today) to see the performance is fine.

 

Thanks a lot for your kind sharing. Do you need any further improvement on this EA or not?

 

You post "EA#1". Does it mean that you still have some other great EAs to share in this great forum later on?

 

James Phuc

[Stormin_Norman]

2009 dukastest:

http://i54.tinypic.com/fjgwvt.gif

 

2008 dukastest:

http://i51.tinypic.com/16gj4o9.gif

[awsl]

not able to backtest, encounter ordersend error 131.

[richdad711]

not able to backtest, encounter ordersend error 131.

 

are you with 5-digit broker? if you are, you need to multiply TakeProfit/StopLoss/TrailingStop by 10

hope that helps and please hit THANKS if it does

[rusty1975]

hi

this EA# is a modified Accumulator 3 EA

 

regards

 

rusty

[forexb]

the info is confusing.. please explain me the exact take profit and stoploss to use.. thanks.