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Posted (edited)
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
Posted
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

Posted
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.

Posted
here is the MQ4 for 1.5.

hxxp://www.multiupload.c0m/L9QNNKH547

 

the EA seem to depends alot to the dll...

 

Just checked out v1.5. yep.. they have heavily protected the code. Reason - They don't want others to find that they've copied the Wallstreet logic ;))

  • 5 months later...

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