Yes, I agree. However, the current EA was made for use in the strategy tester to see how the strategy performs. Therefore, it is programmed using its own internal bookkeeping to track its own orders. Using such an internal bookkeeping is much more ...

DOSI: Daily Open Strategy Improved

Some users testing the EA on a demo account reported spurious errors. The standard MT5 logs do not provide enough details to understand what is happening, therefore version 1.90 now keeps an extensive log of the trade execution. The command sent to ...

DOSI: Daily Open Strategy Improved

When in drawdown, only open an additional trade when the market moved even further away from the open price of the first trade. The goal is to pull the average price (of all open trades combined) closer to the actual price of the market. That way, ...

DOSI: Daily Open Strategy Improved

Ah, indeed. Still going strong in September!

DOSI: Daily Open Strategy Improved

Fair enough. Indeed, I don't know. He seems to trade 11 symbols: "All major pairs except CHF and NZD pairs.", so that suggests he trusts he found stable settings for many pairs. His last update was Juli 17th, so not sure what happened since. I hope ...

DOSI: Daily Open Strategy Improved

No offence taken ;-) We confirmed the EA behaves exactly like the original strategy if you configure it like that (see post #45 and #46), so I don't think the problem is in the code. Unfortunately, exactly this is the psychological risk with ...

DOSI: Daily Open Strategy Improved

Try to keep an open mind. There are many ways of trading and your style can be different from other's. I too prefer smooth indicators, even if they lag. Look how often your own indicator temporarily crosses, then reverts back, then crosses again, ...

Experiments - while waiting for an order to get closed

I received PMs from 3 different users that all seem very confident in the performance of the yzDosi EA. Nice to see that you guys like it, but I like to issue a warning. At least in my own experiments, it appears the current version of yzDosi is not ...

DOSI: Daily Open Strategy Improved

The Buy and Sell variants take precendence over the MaxOpenTrades parameters. In other words, if you set the Buy and Sell parameters to a non-zero value, the value of MaxOpenTrades is ignored and not used, but for clarity for yourself you might want ...

DOSI: Daily Open Strategy Improved

In version 1.80, I added the MaxOpenBuyTrades and MaxOpenSellTrades input parameters. These can overrule MaxOpenTrades to create an asymmetric configuration if you suspect the market to be bullish or bearish. If both MaxOpenTrades and ...

DOSI: Daily Open Strategy Improved

Yes, I am seeing the same (see equity curve in post 2342 above).

My "Ultron" EA for GBPUSD H1 timeframe

I justed uploaded version 1.75 (see post #1) that adds the input parameters CloseAllTradesOnFriday, FridayCloseHour and FridayCloseMinute that force closing all trades before the weekend at the specified time. Note that the time is specified in the ...

DOSI: Daily Open Strategy Improved

Good that you double check the result! However, please make sure you run a reliable backtest. Judging from your screenshot, it appears you used MT4 to backtest and only used Open Prices. That is not a representative backtest. I recommend you test ...

My "Ultron" EA for GBPUSD H1 timeframe

Good that you kept confidence in your system and kept it running even after that severe drawdown! By the way, in the equity curve it looks like about -17% drawdown (from ~30% to ~13%), not -12.67% as the metric at the top suggest. Similarly, the ...

Wisdom, Motivation & Success

I like the simplicity of Ultron. To be able to better backtest its performance, I ported the v1.2 source code to MT5. I have seen some other MT5 ports before in this thread, but no one posted the source code. So for those interested, I have attached ...

My "Ultron" EA for GBPUSD H1 timeframe

Especially when using a low MaxOpenTrades, there can be periods where the EA has scaled-in maximally and is just waiting for the market to return. All that time we are in drawdown and not generating profit. In version 1.70 the ConcurrentBuyAndSell ...

DOSI: Daily Open Strategy Improved

My understanding was that the levels are chosen based on the assumption that price does a random walk. With a random walk you expect the maximum excursion from the day open price to expand as sqrt(t), hence the indicator shown in post #7. To verify ...

Simple Mean Reversion

Some users like to examine a wide range of entry criteria and therefore make the EntryStrategy input parameter also part of their optimization runs. Having RandomDirection in the selectable options obviously does not make sense, so I moved it to the ...

DOSI: Daily Open Strategy Improved

I do most of my testing in the Strategy Tester, and therefore did not notice the weird behavior when switching the timeframe of the chart the EA is attached to. That would cause partial(!) reinitialisation of the EA. This could be the cause of the ...

DOSI: Daily Open Strategy Improved

Yes, that is by design. If the EA encounters a very unusual error, it will stop trading and remove itself from the chart to avoid making invalid trades. These errors suggest that the internal bookkeeping of the EA gets out of sync with reality. It ...

DOSI: Daily Open Strategy Improved