Jump to content

oddbot and oddball ea


Recommended Posts

i dug it out. here you go. same code:

 

http://www.multiupload.com/3YKT7LBXPE

 

thanks a lot Stormin.. Had a look at mql .. wow.. code is 95% the same as that of Wallstreet and they've released this as a new EA? thieves >:)

 

Both uses 75 smoothed MA in M15 to find the trend. Entry on pullbacks . For this they use William %R ... eg : When M15 trend is down and WPR is overbought, it immediately enters a sell. Also uses ATR and CCI as additional filters. Even exit signals are the same as in Wallstreet (uses WPR and open /close of M1 candle) . The difference is that oddbot uses slighly optimized parameters (WPR period, CCI level etc).

 

ps: I like the exit logic of wallstreet the most. Suppose you entered a sell when WPR is overbought and trend is down. It exits this trade when WPR moves to oversold area ,even if your position is in loss . This has helped quite a few times to cut short the losses .. EA was able to exit at the best possible prices .. But when there is a sudden move in the opposite direction and WPR does not enters the oversold region, you are trapped and it will hit your full SL which is away at -120 pips. This has happened last week in one or two pairs .

Edited by fxshare
Link to comment
Share on other sites

thanks a lot Stormin.. Had a look at mql .. wow.. code is 95% the same as that of Wallstreet and they've released this as a new EA? thieves >:)

 

Both uses 75 smoothed MA in M15 to find the trend. Entry on pullbacks . For this they use William %R ... eg : When M15 trend is down and WPR is overbought, it immediately enters a sell. Also uses ATR and CCI as additional filters. Even exit signals are the same as in Wallstreet (uses WPR and open /close of M1 candle) . The difference is that oddbot uses slighly optimized parameters (WPR period, CCI level etc).

 

ps: I like the exit logic of wallstreet the most. Suppose you entered a sell when WPR is overbought and trend is down. It exits this trade when WPR moves to oversold area ,even if your position is in loss . This has helped quite a few times to cut short the losses .. EA was able to exit at the best possible prices .. But when there is a sudden move in the opposite direction and WPR does not enters the oversold region, you are trapped and it will hit your full SL which is away at -120 pips. This has happened last week in one or two pairs .

 

what about exits on oddbot?

Not that good as WSR?

 

thanks

Link to comment
Share on other sites

what about exits on oddbot?

Not that good as WSR?

 

thanks

 

Oddbot has copied the same W%R exit method.

 

Note that M1 exit is used only when your position is in profit. Means, Your buy trade is above +14 pips (default value of Price_Filter_Close) and you get a red candle in M1, the position is immediately closed.

Link to comment
Share on other sites

  • 5 months later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...