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- Penguinthief replied Oct 25, 2018
Will program the above theory into an EA tonight and backrest results Ivanyo.
EURJPY M15 system 80%+
- Penguinthief replied Oct 24, 2018
Standard MT5 I think. I'm using Admiral Markets and they have some additional shit in MT5, so could be that. Folder location as follows: "Examples\\Heiken_Ashi"
EURJPY M15 system 80%+
- Penguinthief replied Oct 24, 2018
To revisit this post, I've been thinking of a few things to battle this point. Todays trade was a great example. Our first breakout candle closed around 20% into our TP zone, meaning we no longer keep our 1:1 ratio (our TP shrunk by ~20%, and our SL ...
EURJPY M15 system 80%+
- Penguinthief replied Oct 24, 2018
Done quite a bit of analysis on the above. Settings as usual: M15, EURJPY, $1000 account, 0.01 static lots, 01/01/2017 - now using 1min OHLC, 15-45 pip windows Based around the question above: should we retrade? image This screenshot shows two ...
EURJPY M15 system 80%+
- Penguinthief replied Oct 23, 2018
Please believe my effort isn't to disprove strategies; I don't waste my time coding an EA unless I think there may be worth in it. Equally, it would be selfish of me to code an EA and find out that it's a long time losing strategy and not share that ...
10 pips a trade
- Penguinthief replied Oct 22, 2018
Ah sorry mate, I thought you coded an EA in the EURJPY M15 thread of fxmd's! That's the only reason I asked. I'll code one up tomorrow.
ADX 15 Minutes EURJPY Trend Strategy
- Penguinthief replied Oct 22, 2018
Hey @TheBestMA Coded an EA for this? If so, how does it perform? If not, do you think the strategy is worth coding one for?
ADX 15 Minutes EURJPY Trend Strategy
- Penguinthief replied Oct 22, 2018
In your first post you showed 2 examples, both of which appear to be invalid trades? I think if you've done manual back-testing, your eyes have been blinded by losses! Just to ensure I have the theory down, in your example 3 why isn't the trade made ...
10 pips a trade
- Penguinthief replied Oct 22, 2018
Backtested for 1/1/18 until Yesterday (21/10/18): Bollinger Bands (21,0,2) Stochastics (13,8,5) RSI (14) Rules as stated for entry (close above/below BB upper/lower, Stoch <> 20-80, RSI <> 30-70) TP is the middle line at the moment when the trade is ...
10 pips a trade
- Penguinthief replied Oct 22, 2018
I think for MT4, TheBestMAs is the most current or mine for MT5. A nice TP trade to start the week off, with 37 pips waiting for me when I got out of bed!
EURJPY M15 system 80%+
- Penguinthief replied Oct 20, 2018
TheBestMA - How do you have a much higher 'Average Win' than 'Average Loss' when our TP and SL are equal? Are you extending the TP? On your 3rd/4th screenshot, on 17 Oct, your TP is much larger than the box. What settings are allowing that?
EURJPY M15 system 80%+
- Penguinthief replied Oct 19, 2018
Adding more options to the EA at the minute. One of them is to not place the TP as such, but instead when we hit what would have been the TP we then incorporate a trailing stop of 1-2 pips. 2018 without this option: image 2018 with this option ...
EURJPY M15 system 80%+
- Penguinthief replied Oct 19, 2018
Out of curiosity, what are peoples aversions to MT5? I'm quite new to forex and MQL programming, but I can't see a reason why people stuck with MT4 and didn't go to MT5? I'd quite like to know, as if there's something I'm missing, I'd rather go to ...
EURJPY M15 system 80%+
- Penguinthief replied Oct 15, 2018
Going to share a version of my MT5 EA for this strategy... Quite enjoying playing with a few different options, so have included quite a few on this forum release: Any additions, thoughts, or good settings would be much appreciated as a share. I ...
EURJPY M15 system 80%+
- Penguinthief replied Oct 15, 2018
Good afternoon Inbox, I don't have MT4 set-up so can't test, however did you manage to sort the timing issues out? If not, if you send me the source-code over I can have a look for you and show you an example of how to do it

EURJPY M15 system 80%+
- Penguinthief replied Oct 14, 2018
Sorry, I only share work with those who positively contribute. Half of your posts on this forum are requesting other peoples work for your benefit.
Easy profitable scalp
- Penguinthief replied Oct 13, 2018
Good evening Emerald2112, I've implemented the x% rule into my EA, and realistically it didn't gain us much in terms of profitability. I think that whilst a close that is a large % outside of the box limits our profitability due to having a smaller ...
EURJPY M15 system 80%+
- Penguinthief replied Oct 13, 2018
The only way to back test this is tick by tick.. Even going down to M5 won't give you any results close to reliable. There could be multiple ticks per second, meaning an M5 candle I could have easily 1000+ ticks. If you're judging the legitimacy of ...
Easy profitable scalp
- Penguinthief replied Oct 13, 2018
Why does it matter what timeframes you tested on? You're going off daily highs/lows, and then trading an instantaneous pass of these limits, which will both be reflected in any time frame...
Easy profitable scalp
- Penguinthief replied Oct 12, 2018
Ran the dates through the EA... For those exact dates, I have 10 wins 7 losses. Carrying on until today I have..: image image I do however full appreciate that it could be a bug (only took about 5 mins to edit an existing EA to make this). If ...
Easy profitable scalp