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Try My EA! Need Group Feedback...

  • #141
  • Dec 3, 2014 10:35am Dec 3, 2014 10:35am
Another one for you Pipster: http://www.forexfactory.com/dambuster#20
  • #142
  • Dec 3, 2014 10:37am Dec 3, 2014 10:37am
Quoting Thepipster
636 downloads 3 trade explorers linked.... I know it may take some of you some time...i'm having my own problems with VPS, too, which I think I solved. {image} Flat market today so far...by the end of monday from now, everybody who has started this will see what happens when the market really moves with the news. EDIT: Hah! i didn't know the kitco chart would update as a link...now showing some upside.
I will attach after few days of test.
My Pips Stolen By The Broker
  • #143
  • Dec 3, 2014 10:48am Dec 3, 2014 10:48am
Quoting dambuster
Another one for you Pipster: http://www.forexfactory.com/dambuster#20
Thanks! If your's continues to show a downhill return by monday, I would consider other brokers. It looks like you may have too much latency. look at shiva's explorer....wow
Too close for pips, switching to points.
  • #144
  • Edited 11:29am Dec 3, 2014 11:08am | Edited 11:29am
i attached the EA to my demo account but it didnt open any trade, neither it placed pending orders. is something wrong ?
edit: will it just start at 11:30?
  • #145
  • Dec 3, 2014 11:29am Dec 3, 2014 11:29am
Quoting Thepipster
{quote} Thanks! If your's continues to show a downhill return by monday, I would consider other brokers. It looks like you may have too much latency. look at shiva's explorer....wow
whats the Max drawdown so far? and can the EA be backtested?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #146
  • Dec 3, 2014 11:36am Dec 3, 2014 11:36am
Good Work.

Is there any possibility of the EA to be used any currency pairs? Or any specific reason for using it in only gold??

Thanks..
  • #147
  • Dec 3, 2014 11:49am Dec 3, 2014 11:49am
The EA will start when your MT4 time matches start time. refer to first post about this under settings

I've never seen more than 15% DD, no, it can't be backtested (as I've said 8 times before). no TP, trades closed by equity target.
Too close for pips, switching to points.
  • #148
  • Dec 3, 2014 12:00pm Dec 3, 2014 12:00pm
One reason shiva's account is doing so well is armada markets has a gold spread of only $0.10, which is pretty much unbeatable. I've never seen it that low for gold, maybe 0.30 on a whim. Too bad they don't accept US or UK residents.
Too close for pips, switching to points.
  • #149
  • Dec 3, 2014 12:12pm Dec 3, 2014 12:12pm
Quoting Thepipster
One reason shiva's account is doing so well is armada markets has a gold spread of only $0.10, which is pretty much unbeatable. I've never seen it that low for gold, maybe 0.30 on a whim. Too bad they don't accept US or UK residents.
I think they would accept UK residents. My account is on Armada UK server.
  • #150
  • Dec 3, 2014 12:13pm Dec 3, 2014 12:13pm
I am trying on FXCM with a large Demo balance. The EA has opened trades of size 4 lots. What would be the take profit its after? There is 37 trades it opened. Will it be based on 37 * 4 or just the 4 lots itself?
  • #151
  • Dec 3, 2014 12:21pm Dec 3, 2014 12:21pm
Shiva, what tf are you using?
Quoting shiva
{quote} Yes, very impressive so far considering the low DD, if this continues consistently I might finally consider a Bentley over VW {image}
  • #152
  • Dec 3, 2014 12:23pm Dec 3, 2014 12:23pm
Can someone please explain me how the ea is managing losing trades? Thanks.
  • #153
  • Dec 3, 2014 12:27pm Dec 3, 2014 12:27pm
Quoting kashTrader
I am trying on FXCM with a large Demo balance. The EA has opened trades of size 4 lots. What would be the take profit its after? There is 37 trades it opened. Will it be based on 37 * 4 or just the 4 lots itself?


Equity Level...
  • #154
  • Dec 3, 2014 12:31pm Dec 3, 2014 12:31pm
Quoting GoldTheHun
{quote} Equity Level...
Are you asking a question? started at around 49K
  • #155
  • Dec 3, 2014 12:32pm Dec 3, 2014 12:32pm
Quoting kashTrader
{quote} Are you asking a question? started at around 49K
No it wasn't a question. The ea manages the TP with equity level, not based on individual trades
  • #156
  • Dec 3, 2014 12:32pm Dec 3, 2014 12:32pm
Quoting Shug
Shiva, what tf are you using?{quote}
Hi Shug, TF matters not as ThePipster said. Use any TF, but only on Gold. Settings default.
  • #157
  • Dec 3, 2014 12:34pm Dec 3, 2014 12:34pm
Quoting Thepipster
One reason shiva's account is doing so well is armada markets has a gold spread of only $0.10, which is pretty much unbeatable. I've never seen it that low for gold, maybe 0.30 on a whim. Too bad they don't accept US or UK residents.
how long have you been farward testing this EA?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #158
  • Dec 3, 2014 12:36pm Dec 3, 2014 12:36pm
Quoting GoldTheHun
{quote} No it wasn't a question. The ea manages the TP with equity level, not based on individual trades
Yes, I know that. But I would like to know what is the EA set to take profit at?
  • #159
  • Dec 3, 2014 12:38pm Dec 3, 2014 12:38pm
Quoting Soros
{quote} how long have you been farward testing this EA?
Thepipster mentioned $1 per 0.01 lots. So I guess the mm calculates the equity level based on that.
  • #160
  • Dec 3, 2014 12:42pm Dec 3, 2014 12:42pm
Quoting GoldTheHun
{quote} Thepipster mentioned $1 per 0.01 lots. So I guess the mm calculates the equity level based on that.
Can you please read the question carefully before randomly answering.
So I have 4 lots per trade and 37 trades open.

Can you tell me if its 4/0.01 *1 or 4 *37/0.01 * 4?
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