apple1937 Posted December 8, 2011 Report Share Posted December 8, 2011 Hi, I put this EA on my demo account and noticed that the S/L set is more than 110 pips! Some even more than 1000 pips??? :( Please see the file attached: https://rapidshare.com/files/2835178601/Mamont.JPG Quote Link to comment Share on other sites More sharing options...
ruparaw11 Posted December 8, 2011 Report Share Posted December 8, 2011 (edited) Hi, I put this EA on my demo account and noticed that the S/L set is more than 110 pips! Some even more than 1000 pips??? :( Please see the file attached: https://rapidshare.com/files/2835178601/Mamont.JPG its not necessary will close the order base on sl setted, there were an internal CloseSignal from dll will force close it if its +ve(true). the 1000 pips is only set for pending order, once the order triggered the sl will modified to their preset value depend on pair around 100 pips +/- 20 Edited December 8, 2011 by ruparaw11 apple1937 1 Quote Link to comment Share on other sites More sharing options...
apple1937 Posted December 8, 2011 Report Share Posted December 8, 2011 its not necessary will close the order base on sl setted, there were an internal CloseSignal from dll will force close it if its +ve(true). Does it mean that the Max S/L will be the one stated in the MT4? Quote Link to comment Share on other sites More sharing options...
ruparaw11 Posted December 8, 2011 Report Share Posted December 8, 2011 (edited) Does it mean that the Max S/L will be the one stated in the MT4? don't know since the CloseSignal signal was came from dll file and mine backtesting do not have any single trade to see if any occurance SL heated. :-/ ------------------------------------------------------------------------ just check at their live forward run it actually hit sl @ 110 pips twice on GU http://myfxbook.com/members/Richmoney/mamont-221/196827 Edited December 8, 2011 by ruparaw11 forex4love and apple1937 2 Quote Link to comment Share on other sites More sharing options...
nico1969 Posted December 8, 2011 Report Share Posted December 8, 2011 Actually I played with previous version of Mamont 1.6 and 1.7. The SL was also computed for each order depending on the current pair volatility. In times of high volatility I have seen huge SL and they have been hit. So the best is to set a max SL and compare the computed SL with the max allowed value. At least you know the maximum risk you take for each trade. Quote Link to comment Share on other sites More sharing options...
apple1937 Posted December 8, 2011 Report Share Posted December 8, 2011 Actually I played with previous version of Mamont 1.6 and 1.7. The SL was also computed for each order depending on the current pair volatility. In times of high volatility I have seen huge SL and they have been hit. So the best is to set a max SL and compare the computed SL with the max allowed value. At least you know the maximum risk you take for each trade. I think the posted version 2.21 does not allow us to set the max SL manually as we wish. Perhaps you were referring to the earlier version. Quote Link to comment Share on other sites More sharing options...
callahan Posted December 8, 2011 Report Share Posted December 8, 2011 (edited) I think the posted version 2.21 does not allow us to set the max SL manually as we wish. Perhaps you were referring to the earlier version. Goddam it'll take a lot of tenacity or knowledge to set stops for each pair. If yez aint feelin comfortable like then maybe just be dumpin this EA and be movin on. Forex aint no easy ride and yez can't be controllin every little thing yez don't like. Yez can't be setting different stops for each pair individually... get a grip on reality, please. Edited December 8, 2011 by callahan Quote Link to comment Share on other sites More sharing options...
Eleonora Posted December 10, 2011 Report Share Posted December 10, 2011 Hi, Does anyone have 2.3? Also, is it suposed to be much different or better than 2.2.1 pro? thanks Quote Link to comment Share on other sites More sharing options...
jshear Posted December 11, 2011 Report Share Posted December 11, 2011 Where can someone buy this EA from? Can someone post vendor site. Thanks Jeff Quote Link to comment Share on other sites More sharing options...
mograst Posted December 11, 2011 Report Share Posted December 11, 2011 big DD friday.. and still open trades in DD.... Quote Link to comment Share on other sites More sharing options...
Eleonora Posted December 12, 2011 Report Share Posted December 12, 2011 if you mean on the forward testing link, the drawdown wasn't that big, from what I know. As of now, it's about $160 or 160 pips drawdown, on a $7000 odd account balance, which isn't that high. Is that what you meant? Quote Link to comment Share on other sites More sharing options...
prattpot Posted December 12, 2011 Report Share Posted December 12, 2011 Backtested it on one pair namely GBPUSD and in one month it doubled the account and the next month it blew the profit and was firmly in the red. The 200 S/L is too severe and there are no inputs to adjust this. The year ended with just over 4% gain. It obviously would vary year by year and the pairs it trades. I have also heard the new version is better but the default stops are the same. My understanding was it had issues with some brokers and this has been rectified ? Quote Link to comment Share on other sites More sharing options...
Eleonora Posted December 13, 2011 Report Share Posted December 13, 2011 It's hard to judge the EA from only one pair. The author also says not to backtest, but forward test to get accurate results. I know what it's like, looking into eas for about 5 years personally. It's hard to find a very good one, which works well consistently. This one looks good to me, from what I have seen of it thus far. I wouldn't risk the bank on it though, as it's hard to know for certain. Quote Link to comment Share on other sites More sharing options...
Scalper72 Posted December 13, 2011 Report Share Posted December 13, 2011 (edited) i let run this 2.2.1 since two weeks on my Real-Account. 0.01 lot on 6 majors with lowest spread so 6 different pairs the results are subering http://s7.directupload.net/images/111213/tfb7f3di.gif Edited December 13, 2011 by Scalper72 Quote Link to comment Share on other sites More sharing options...
acosma Posted December 13, 2011 Report Share Posted December 13, 2011 Today I got a full SL on EURAUD with 2.2.1, I saw price goin' down close to SL on a buy trade, so I analized the chart and I changed SL more lower just below last swing low, the EA didn't change the fixed SL but after some time it closed the trade with its internal SL.... DAMN ..... and I see now the chart the price is just goin' up after touch the swing low ... DAMN ... I think 2.2.1 need to be reoptmized a little bit SL must be just above/below last swing.... but seems on this trade to not respect this.... unfortunately it's a multiplair ea on one chart only, it would be better to have a single chart for every pair, in these case I could disable the EA on the EURAUD and not took SL.... Multipair EA with one chart only is not very good if you need sometimes to manual change something, you have no much control I don't know what problem could be to load mamont on every single chart with pair parameter setting to only the pair in the chart..... I could also change other parameter like lotsize on every chart (more risk on good pair, lower risk on bad) I should try it..... Quote Link to comment Share on other sites More sharing options...
DeathStar Posted December 13, 2011 Report Share Posted December 13, 2011 Today I got a full SL on EURAUD with 2.2.1, I saw price goin' down close to SL on a buy trade, so I analized the chart and I changed SL more lower just below last swing low, the EA didn't change the fixed SL but after some time it closed the trade with its internal SL.... DAMN ..... and I see now the chart the price is just goin' up after touch the swing low ... DAMN ... I think 2.2.1 need to be reoptmized a little bit SL must be just above/below last swing.... but seems on this trade to not respect this.... unfortunately it's a multiplair ea on one chart only, it would be better to have a single chart for every pair, in these case I could disable the EA on the EURAUD and not took SL.... Multipair EA with one chart only is not very good if you need sometimes to manual change something, you have no much control I don't know what problem could be to load mamont on every single chart with pair parameter setting to only the pair in the chart..... I could also change other parameter like lotsize on every chart (more risk on good pair, lower risk on bad) I should try it..... Very odd, today I had no EURAUD trade and no EURAUD trades shows on the vendors Myfxbook for today. The only EURAUD trade was back from the Dec 9 and 12 which I also have but small lose 8.3 and 3.7 Quote Link to comment Share on other sites More sharing options...
apple1937 Posted December 14, 2011 Report Share Posted December 14, 2011 Very odd, today I had no EURAUD trade and no EURAUD trades shows on the vendors Myfxbook for today. The only EURAUD trade was back from the Dec 9 and 12 which I also have but small lose 8.3 and 3.7 I have EURAUD opened and it doesn't touch S/L... But for both the SL & TP setted by the EA are very Huge...:( Quote Link to comment Share on other sites More sharing options...
4x4u Posted December 16, 2011 Report Share Posted December 16, 2011 please share mamont v2.3 Quote Link to comment Share on other sites More sharing options...
Scalper72 Posted December 17, 2011 Report Share Posted December 17, 2011 if forming a new buy-group..i would be present :) Quote Link to comment Share on other sites More sharing options...
German Posted December 18, 2011 Report Share Posted December 18, 2011 does anyone have MAMONT 2.3 pro ? If its going to be educated, might as well do the latest one. rumour has it it is WSR, i havent confirmed though. Hi Storim Norman I found it on anohter forum, and remember you asking for it, the link is below, I do not use EA and I do not know if its been educated, I leave that part in your hands, Enjoy http://hotfile.com/dl/137849945/d0c7787/Mamont_v2.3_RUS__ENG.zip.html Eleonora, DeathStar, Stormin_Norman and 8 others 11 Quote Link to comment Share on other sites More sharing options...
Stormin_Norman Posted December 19, 2011 Report Share Posted December 19, 2011 yeah the EA is optimised for 2011. if your patient enough for the days it takes the backtest you can see the performance in past years and compare it to this years. quite sure it is simply an optimised multi currency WSR clone. 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...
ruparaw11 Posted December 19, 2011 Report Share Posted December 19, 2011 yeah the EA is optimised for 2011. if your patient enough for the days it takes the backtest you can see the performance in past years and compare it to this years. quite sure it is simply an optimised multi currency WSR clone. Stormin, r u backtested all the currencies for the years b4 2011? Quote Link to comment Share on other sites More sharing options...
Eleonora Posted December 19, 2011 Report Share Posted December 19, 2011 Does anyone know how MM (money management works on this version of 2.3)? Also, what it's suggested to be on 2.3. I tried 60 MM, which on 2.2.1 would of been 0.06 lots for $2000, although on 2.3 it only started with a trade of 0.01. Any ideas guys?? Thanks kindly Quote Link to comment Share on other sites More sharing options...
DeathStar Posted December 19, 2011 Report Share Posted December 19, 2011 yeah the EA is optimised for 2011. if your patient enough for the days it takes the backtest you can see the performance in past years and compare it to this years. quite sure it is simply an optimised multi currency WSR clone. After installing 2.3 . I really cannot see why some were claiming that this version was so much better, I see no difference between 2.3 and the other that was posted before, no way to control the stop lose level, no input to lock in "secure pips" like Wall Street, so what was the big deal with this update? I see none. Quote Link to comment Share on other sites More sharing options...
callahan Posted December 19, 2011 Report Share Posted December 19, 2011 Does anyone know how MM (money management works on this version of 2.3)? Also, what it's suggested to be on 2.3. I tried 60 MM, which on 2.2.1 would of been 0.06 lots for $2000, although on 2.3 it only started with a trade of 0.01. Any ideas guys?? Thanks kindly Ok... Why the small lots for $2000? On ma platform it can trade 29 pairs so imagine if the EA decided to open 29 0.01 lot trades on a live account all at once you would be poopin' your pants right? 29 0.01 lot trades open all at once can do a lot of damage. The Money Management is built to account for this. If you want to trade larger lots then use a bigger starting balance. That's it no mysteries. It doesn't work the way you think it should work so get a grip. Ahh... feels like I'm talkin' to a brick wall Goddam I hate that feelin'. God Bless. tomislav 1 Quote Link to comment Share on other sites More sharing options...
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