Interesting... I'm assuming both trades were made by the EA? What was the reset time?

Generic Breakout V5

It's possible to have a low win rate, and still make money. Look at any profitable trend-finding (as opposed to trend-following) system. Probability to win is only half the picture. You also need to figure out the size of the win vs the size of the ...

what can keep a working strategy to always have a high probability to win each trade?

I'm wondering how I can modify the EA to automatically optimize itself. I don't want to have to go as far to build my own optimization engine in the EA, but it looks like I don't have a choice.

magic shift

regular ATR is the simple moving average of the true range. You basically need the exponential moving average of the true range.

Coin-Toss Trading Strategy

That depends by broker's terms of service. Some brokers reserve the right to adjust the prices based on their liquidity providers (counterparties)

Trading with the force index

You are right Petra in that I cannot expect simple lot sizing MM to turn a negative expectancy system into a positive expectancy one. My current iteration for the infinite coin toss model is to look at various price levels and determine the ...

Coin-Toss Trading Strategy

As I've understood metatrader, if it doesn't have the data, it models the data. Thus, it's possible that the historical data was modeled in order to generate the really large EMA value. If I were to run a backtest from 1/1/1970 to the present, there ...

Major problem with metatrader

Get the generic crossover EA (I wrote it) Set period 1 to 1 and perios 2 to 200 Set signals only to true and set alerts to true. Done

Need: Indicator that tells me when price touches 200 EMA on 1m chart

7bit, MT4 is smart enough during backtesting to get the proper values--provided you give it enough historical data.

Major problem with metatrader

Volume in forex is the number of ticks. In a given tick, we don't know if the volume was $10 or $10million. Force index still can work, but I think more as a confirmation signal than a trigger signal.

Trading with the force index

Give it a few days. It'll turn up on rapidshare.

Forex Mastery System

How do we know this isn't a rounding error? Large EMAs tend to give a very long decimal value. How far off is the EMA value if you use something like 20? url

Major problem with metatrader

That's the symbol for the metaeditor application.

what does this symbol mean?

datetime starttime = StrToTime("00:00"); if(iTime(NULL, 0, 0) == starttime) Print("Hello");

How to set a different opening time...

Brokers only see OrderSend(), OrderModify(), OrderClose(), OrderDelete() as far as we know

Simple question re MT4

Right, but if you code the EA to use a daily chart, you are stuck with the broker's daily open time.

How to set a different opening time...

Yes. No real improvements or changes to the system

4H Box Breakout

Right click on the trade, and in the profit section click "pips"

Pip counter

It's possible for there to be a negative value for an EA's input.

Optimizing an EA

I work with EAs because they usually have an edge over the current market. Coin toss has a slightly negative edge (because of spread). The EAs are also capable of getting in and out of trades themselves, so all I have to do is supervise them.

The EA method