Eleonora Posted December 3, 2011 Report Posted December 3, 2011 Has anybody tested this ea and found any really large stop losses kicked in? It seems like it would be good if stops were reasonable compared to take profits, although a stop like 110 pips is out of the question in my opinion. If stops would be limited to an absolute max of 40 or 50 pips, it would look like a far more attractive ea to use to me. Quote
stb3000 Posted December 3, 2011 Report Posted December 3, 2011 I've been backtesting uses open prices only (because every tick is way to slow with this ea) one pair at a time (specifying the pair in the SYMBALL) as the ea opens trades on open of new candle anyway. The backtest results will at least give an idea of the type of results and stop losses that are set with each pair. I am then combining them into mt4i desktop to see what type of exposure the ea is taking on correlated pairs to figure what the actual drawdown percentage could be estimated at for this year. So far, at least every pair i've tested the results have been positive. Does anyone know the actual trade logic behind this EA? Quote
callahan Posted December 3, 2011 Report Posted December 3, 2011 (edited) Has anybody tested this ea and found any really large stop losses kicked in? It seems like it would be good if stops were reasonable compared to take profits, although a stop like 110 pips is out of the question in my opinion. If stops would be limited to an absolute max of 40 or 50 pips, it would look like a far more attractive ea to use to me. A stop loss of 40-50 pips that was bein' consistently honored now that would so nice, right? In a perfect world? Aint you bin seein' what the market does and howzit bin a behavin and all? And right here right now the price is so right for this EA aint it? I'm thinkin' right now this EA is a 0.01 lots per $1000 type so you got yer equity to take the draw down punishment. This aint for no I got ma $150 in ma account gyppo's. Try puttin' it on demo for a month or two without usin' stops and see how it does. Aint go nothin to lose demoin' right? Edited December 3, 2011 by callahan tomislav 1 Quote
Eleonora Posted December 4, 2011 Report Posted December 4, 2011 What do you guys think is a good setting, lot size or MM wise for this ea? I was consdiering 0.1 or 0.2 lot size trade per $1000 acc size. Perhaps even 0.15 instead. Does anyone think having 0.2 per $1000 acc size would be too risky for using this ea? By the way, anyone know how MM works on this ea? If default is 20.0, is that 20% max risk, or for example a 0.2 lot size per $1000 account size? Quote
stb3000 Posted December 4, 2011 Report Posted December 4, 2011 What do you guys think is a good setting, lot size or MM wise for this ea? I was consdiering 0.1 or 0.2 lot size trade per $1000 acc size. Perhaps even 0.15 instead. Does anyone think having 0.2 per $1000 acc size would be too risky for using this ea? By the way, anyone know how MM works on this ea? If default is 20.0, is that 20% max risk, or for example a 0.2 lot size per $1000 account size? That is way too high for a $1,000 account. Keep in mind, this EA will open multiple positions for different pairs at a time and some of the stop losses are 200+ pips. .01 per $1,000 would be much smarter. Quote
Eleonora Posted December 5, 2011 Report Posted December 5, 2011 Does anyone know how to get the money management working on this ea? I am using the 2.2.1 edu version given here, and for me MM doesn't seem to be working. Quote
DeathStar Posted December 5, 2011 Report Posted December 5, 2011 That is way too high for a $1,000 account. Keep in mind, this EA will open multiple positions for different pairs at a time and some of the stop losses are 200+ pips. .01 per $1,000 would be much smarter. stb3000 Do you know the logic behind this EA? I would like to make a template to do a visual backtest others backtest for me seem way to slow, How did you arrive at the 200+ pip stop lose? tomislav 1 Quote
Eleonora Posted December 5, 2011 Report Posted December 5, 2011 It seems to me that most stop losses kick in much before 1-200 pips, although an occassional one will be 100+ pips. This is from what I know of this ea thus far. Even with say 1-4 100+ pips stops executed oer month on this ea, it seems to me it would still make a very nice profit, given the no of total trades, and high success rate of them. Quote
Ferenc86 Posted December 5, 2011 Report Posted December 5, 2011 My backtest is very slow:( And it is trading 29 pairs.. are these not a lot of? What are the best pairs? Can anybody full backtest? I want to use only on best pairs. Thanks a lot! Quote
stb3000 Posted December 5, 2011 Report Posted December 5, 2011 The logic from watching the trades the first few days just seems to be scalping in overbought and oversold areas always with the overall trend. On the backtesting, the tick by tick testing is way too slow for whatever reason. Using open prices only won't be as accurate but much quicker. It appears that the ea opens trades on new candles anyway so open prices should give us a rough estimate of the performance at least. Quote
leeb77 Posted December 5, 2011 Report Posted December 5, 2011 Hey guys, thanks for the share, the EA looks promising but if you backtest over a long period of time (I tried from 2000) you will see it will crash and burn, if those market conditions have happened before they can happen again. Quote
apple1937 Posted December 6, 2011 Report Posted December 6, 2011 Hi, Am so surprised that I put the ea in my demo account since last week and it doesn't trade at all..:( Which version that you guys using? Seems it opened lots of trade on your accounts... Quote
gaban13 Posted December 6, 2011 Report Posted December 6, 2011 i put in live account and still no trade..where can i get working version? Quote [center:3pm5sdyh]~ Life's Good ~[/center:3pm5sdyh]
apple1937 Posted December 6, 2011 Report Posted December 6, 2011 This one, and remember the symbols (ie EURUSD, GBPUSD etc) in "symbAll" parameter have to match the lettering that your broker uses in the Market Watch window exactly #:-S Oh.. Thanks. :) Does this work on "Live Account"? Quote
scorpion Posted December 6, 2011 Report Posted December 6, 2011 (edited) Working very well for me, in 4 days with moderate risk, 2.5% of profits, and 1% of maximum DD I hope to see more volatility work (too good to be true) Edited December 6, 2011 by scorpion Quote
Eleonora Posted December 7, 2011 Report Posted December 7, 2011 I can't figure out how to do the MM aspect of the EA. I am using 2.2.1 Pro. If I put in for example 10.0 on the MM tab, will that trade 10% of my account size per trade? Thanks Quote
ramliam Posted December 7, 2011 Report Posted December 7, 2011 I can't figure out how to do the MM aspect of the EA. I am using 2.2.1 Pro. If I put in for example 10.0 on the MM tab, will that trade 10% of my account size per trade? Thanks put 0 and use 0.01 lot for each 1,000$ of your account,this is my recommendation. Quote
apple1937 Posted December 7, 2011 Report Posted December 7, 2011 put 0 and use 0.01 lot for each 1,000$ of your account,this is my recommendation. Yes... I agreed. :) Quote
apple1937 Posted December 7, 2011 Report Posted December 7, 2011 Hi, Can anyone confirm the initial S/L set by the EA is more than 1000Pips (In 4 digit quote)??? :P Quote
apple1937 Posted December 7, 2011 Report Posted December 7, 2011 (edited) It's already been mentioned that it's about a 110 pip stop loss. Are you with a 4 digit broker? Also... does your broker have a "fixed spread"? Edit: Sorry I asked... what can you do? :-?? Below are the trades opened by the EA in my Demo MT4: audjpy, sell at 79.306, SL at 91.906, TP at 75.106 usdchf, buy at 0.92581, SL at 0.83021, TP at 0.95761 eurchf, buy at 1,24238, SL at 1.15668, TP at 1.27088 Is the actual SL not revealed to the broker? :) Edited December 7, 2011 by apple1937 Quote
FxEx Posted December 7, 2011 Author Report Posted December 7, 2011 Please share Mamont 2.3 pro version. Quote
jerrydeng Posted December 7, 2011 Report Posted December 7, 2011 Anybody use it on live account? I don't know if it's just for demo. Quote
monik7 Posted December 7, 2011 Report Posted December 7, 2011 Anybody use it on live account? I don't know if it's just for demo. I'm using it on live account since yesterday, and it opened some trades, tough less trades than demo. Quote
don alexaner Posted December 7, 2011 Report Posted December 7, 2011 Pl, share to sets files for ea mammoth! Quote
stb3000 Posted December 7, 2011 Report Posted December 7, 2011 Pl, share to sets files for ea mammoth! Not many settings to change in 2.2.1 except maybe omitting some pairs from trading. Quote
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