DislikedHello, First, I want to thank to the creator of this EA. Really impressive! 50% last month with daily charts. {image}Ignored
USD/TRY and EUR/TRY 12 replies
Fibo Group Feedback 23 replies
Need feedback on my trading breakouts system 8 replies
One World Capital... Need feedback 2 replies
DislikedHello, First, I want to thank to the creator of this EA. Really impressive! 50% last month with daily charts. {image}Ignored
Dislikedright, no TP...all trades are closed on equity target, which is already set ....on the best setting, of course! I have tried all kinds of various TP, SL, equity targets, levels, blah blah blah....this is best, and while it's not extreme green machine, it beats anything that's out there big, like s&p, various pamms, the whole 20% per year hedge fund, it's realistic.Ignored
Dislikedthat backtest might look nice, but it can't be very truthful. You can't backtest when you use equity target to close groups of opened trades--sorry. But, hook it onto a demo account, link us to your trade explorer here, and in a couple of months we'll see. I don't trade anything besides gold for reasons already stated. This EA requires $1000 per 0.01 lot, so most people don't have the kind of money to spread into other currencies\commodities....you could try XAUEUR, but my broker doesn't offer that.Ignored
Disliked{quote} So, you have been trading with this EA on live? Can you show your explorer?Ignored
DislikedI am demoing with FXCM. They have a spread of 5pip. It seems to remain constant. Is that a problems for the pending orders or do we need the pending orders to be spread out further because of the higher pips. I see Scoo mention that his EA fell through when IC Markets increased the spread to 7-8. So does the increased spread have an effect on this EA.Ignored
Disliked{quote} It's not a problem. That's $0.50, pretty typical. Spread flunctuations don't affect this EA. Don't worry about how spread apart the orders are, 0.30-0.70 is fine. ~MidasFG good...My rooskie is rusty...how much have you netted so far? Would have been pretty nice since 11/28, eh?Ignored
Dislikedyou can change the start time to a few minutes in the future, make sure the end time is 1 minute before, so the EA continues to trade. Sometimes it waits until the "default" time is reached to start, but once it starts, you don't have to worry about it again.Ignored
Dislikedyou can change the start time to a few minutes in the future, make sure the end time is 1 minute before, so the EA continues to trade. Sometimes it waits until the "default" time is reached to start, but once it starts, you don't have to worry about it again.Ignored
Disliked{quote} ok sure, got it. btw will this EA close positions opened by others?, I saw it uses comments to validate the order opened by self instead of magic on the contrary it shows current P/L of the pair (using my manual orders) attached before it opened an order . Is this a bug/ thanksIgnored
Disliked{quote} After setting the time, EA started with Error 130 & 4109 popup alerts continuously. I didn't change any other setting FYIIgnored
Disliked{quote} It does that if you don't have the green experts on button, on the main terminal, turned on to start trading. I never figured out how to rid that bug, but when it's on, it's gone. my coding is as rusty as my rooskie...Ignored
Disliked~K VERY OBSERVANT!!! good...that's the reason there's 30 orders and just the spread between them. The target is quite low, so if the market is ranging, there's not going to be a whole lot to see, and it may take 8-10 orders on a side to "win". This is the average of what happens, and the reason you must have patience. Run it for a couple of months to allow for trends and news cycles. About your worries that it may not have hit equity target. The target is very small, only $1 on 0.01 lot size. When the market starts moving, the EA goes nuts. November...Ignored
I don't intend on changing anything but simply laying out the pitfalls I see in this method. For now, I think we can simply stick to your settings and do a manual reset if all orders are taken out automatically ensuring maximum loss of 30 X Spread.
So while we think about this, my one question is does the Equity target of one entire cycle cover the loss of 30 X Spread? We do need to make sure that out ET is > 30 X Spread to remove risks.