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  • #241
  • Dec 4, 2014 8:29am Dec 4, 2014 8:29am
Hmmm, I have been watching it very closely and it closes them whilst in DD. Looking at the history shows that the price didnt spike to give an equity profit and then reverse whilst trades where closing

I will reinstall the terminal, reboot and start again
  • #242
  • Dec 4, 2014 8:33am Dec 4, 2014 8:33am
Quoting shiva
{quote} It can also be an issue with user's connection, pc network problems etc. Assuming a non-vps operation.
Good point, but have it running on a dedicated trading server at home with a 250Mbt fibre connection, < 20ms latency and spread of ~20
  • #243
  • Dec 4, 2014 8:34am Dec 4, 2014 8:34am
Quoting Thepipster
{quote} Ok, so what's happening is the EA is closing the trades the moment is sees the equity hit profit target, but the trades are taking too long to close, so the price is reversing during this time, netting you a loss. If you look in your trading history your broker should provide you at the end of each business day, they will print a report, including the closing time of each trade down to the second. If you see a string of trades taking several seconds, to a minute, that's too long. It needs to be 3-5 seconds for all trades to close, at the...
Mine all close very fast with Alpari uk so now I will wait for a recovery
  • #244
  • Dec 4, 2014 8:38am Dec 4, 2014 8:38am
From what I have observed so far, I can confidently say that this EA will not cause a margin call with default settings unless you're paying commissions or have wide spreads.
  • #245
  • Dec 4, 2014 8:45am Dec 4, 2014 8:45am
Quoting shiva
From what I have observed so far, I can confidently say that this EA will not cause a margin call with default settings unless you're paying commissions or have wide spreads.
what if all Buy/Sell Stop orders have been triggered? what will it do in that case?
My Pips Stolen By The Broker
  • #246
  • Dec 4, 2014 8:46am Dec 4, 2014 8:46am
Quoting shiva
From what I have observed so far, I can confidently say that this EA will not cause a margin call with default settings unless you're paying commissions or have wide spreads.
I will also add you broker too
  • #247
  • Dec 4, 2014 8:47am Dec 4, 2014 8:47am
Quoting kjaved
{quote} what if all Buy/Sell Stop orders have been triggered? what will it do in that case?
Same for me here on Armada !!
  • #248
  • Dec 4, 2014 8:47am Dec 4, 2014 8:47am
Quoting shiva
From what I have observed so far, I can confidently say that this EA will not cause a margin call with default settings unless you're paying commissions or have wide spreads.

So here's the detailed statement from my blown demo account. Default settings. 1:200 leverage. No commissions and a 50 cent spread.

Attached File(s)
File Type: pdf DetailedStatement.pdf   62 KB | 561 downloads
  • #249
  • Dec 4, 2014 8:48am Dec 4, 2014 8:48am
As has been said soooooooooo many times before: you end up with a pefect hedge which seems to be this EA's only weakness
  • #250
  • Dec 4, 2014 8:50am Dec 4, 2014 8:50am
Quoting Xarius
{quote} Kip quiet guy ! no offence for me, I did backtest cause I like to understand how an system work, if you like black box, it's your problem Regards
lol. Go backtest all you want then, just stop posting your results to this thread, because they are null.
  • #251
  • Dec 4, 2014 9:00am Dec 4, 2014 9:00am
Just so I can watch the market while answering your questions...

Firstly, Shiva's results are very abnormally good. It should take 2 weeks or so to get 10% profit.

I think this is because of the small spread. The EA was designed to work with a range of $24-$30 price extremes, not $3-5. This is why some of you are getting maxed out, hedged out, whatever. If you don't have any pending orders left, you'll have to close all trades. I think adding 0.20 to the buffer (use 20 as the value) is the best answer. The account won't have the margin or speed to handle 60-100 trades.


http://www.kitco.com/images/live/nyg...07787682455684
Too close for pips, switching to points.
  • #252
  • Dec 4, 2014 9:03am Dec 4, 2014 9:03am
On Alpari UK I have a range of around $21
  • #253
  • Dec 4, 2014 9:08am Dec 4, 2014 9:08am
Am I right in thinking that the EA closes all trades when there is a profit of 1% of the account balance?
  • #254
  • Dec 4, 2014 9:14am Dec 4, 2014 9:14am
With armada the ea opened the orders too close to each other causing this problem. The range/distance of the orders depends on te spread. I think currently the Ea is optimised to work with a 5 spread. Using a 1 spread is what's causing the issue. I think my fxcm account first the defaults of the EA perfectly. Will keep that running although I think my MT4 crashed hne I was leaving home today. Hopefully it's running now.
  • #255
  • Dec 4, 2014 9:15am Dec 4, 2014 9:15am
Quoting spyderman
{quote} So here's the detailed statement from my blown demo account. Default settings. 1:200 leverage. No commissions and a 50 cent spread. {image}
I am not sure, but it looks like in your case the EA hasn't placed trades as per logic. Better judge would be Pipster to answer this.
  • #256
  • Dec 4, 2014 9:22am Dec 4, 2014 9:22am
Quoting shiva
{quote} I am not sure, but it looks like in your case the EA hasn't placed trades as per logic. Better judge would be Pipster to answer this.
I would tend to agree, although it's hard to follow the logic.
Just watching it from time to time, that particular demo was seemingly always in DD. It would close and start anew even if it was in negative.
I'm no coder but there might be some glitches that only show up with certain broker parameters.
  • #257
  • Dec 4, 2014 9:31am Dec 4, 2014 9:31am
Quoting dambuster
Am I right in thinking that the EA closes all trades when there is a profit of 1% of the account balance?
Yes. It doesn't account for commissions, just the spread.

~spyderman- for whatever reason your statement shows the trade size was 10X what it should have been...should have been 1 lot per trade, not 10...did you leave the settings alone? It should be 0 lotsize, and 1 lotpercent. Your trade explorer demo has the correct lot size.

~kashtrader, try VPS if your having home computer problems. Amazon AWS has free micro tiers for 1 year.
Too close for pips, switching to points.
  • #258
  • Dec 4, 2014 9:34am Dec 4, 2014 9:34am
Quoting Thepipster
{quote} Yes. It doesn't account for commissions, just the spread. ~spyderman- for whatever reason your statement shows the trade size was 10X what it should have been...should have been 1 lot per trade, not 10...did you leave the settings alone? It should be 0 lotsize, and 1 lotpercent. Your trade explorer demo has the correct lot size. ~kashtrader, try VPS if your having home computer problems. Amazon AWS has free micro tiers for 1 year.
thanks. Will do. I think when you have time pips it would be great if you can please describe all the parameters and how are the ranges calculated. That will help people configure to particular brokers better making your experiment more realistic and worthwhile.
  • #259
  • Dec 4, 2014 9:42am Dec 4, 2014 9:42am
Quoting forexinblood
{quote} is that opening 0.05 lot? whats the spread in gold of ur broker ?
100 pips...
  • #260
  • Dec 4, 2014 9:54am Dec 4, 2014 9:54am
Quoting kashTrader
{quote}thanks. Will do. I think when you have time pips it would be great if you can please describe all the parameters and how are the ranges calculated. That will help people configure to particular brokers better making your experiment more realistic and worthwhile.
I can give some description, but just know there isn't a magic formula fix-all. Shiva's account is outrageous, but others using the same broker have negative results so far, so there's more to it than spread.

Ok, how the settings work from top to bottom...

Lots.......this overides the auto lotsize logic, replacing it with fixed lot size 1= 0.01 lot
Lot percent............ this is auto lotsize that grows with account. 1= 0.01 lot per $1000 of account balance.
BE, lockin, and SL are pretty much irrelavant.
Buffer is distance in pips the closest trades, above and below, to starting price. 1= $0.01, and the spread gets added to buffer automatically.
Grid step is distance between each pended order, again spread is added to this automatically. 1= $0.01
Slip is a joke because most brokers don't honor it. It tells the broker not to open an order if price has moved $0.50 while placing orders. Not relevant because we're using pending orders, not market orders.
NoofSteps is how many pending orders of one kind (buy vs. sell) from starting point. the value will be 1\2 of the number of buy and sell orders total
Equitygainmultiple...this is our target for profit as a percentage of what the account balance was before the start of the currently placed pending orders. 1 is $1 on $1000, which is the same as saying $1 per 0.01 lot. This is regardless of how many trades are opened or placed.
Equitylossmultiple...this is an irrelevant option I had experimented with, that acts like a equity SL, but doesn't mean anything because of the hedging. It caused way too much loss. This EA will always have some kind of floating loss, until hit closes all trades when it hits target.
Starting and stop times are pretty self explanatory. You can control the time of day the EA will open new pending orders after closing trades. The EA will still close all trades at target if between stop and start times, but not open new orders then. I leave it open for all possible times, because Gold makes random crazy moves when unusual news happens, like Russia invading Ukraine, etc.


1000 downloads!....geez, maybe I should have gotten a couple of bucks per ...but that's not my compensation...post your explorer and run it!
Too close for pips, switching to points.
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