DayTrading3 - page 8
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Yes, I am testing with default settings. Default serttings is without stop loss. And that it why I am getting big losses sometimes: if the signal is changed so EA will close old order with loss to open the new opposite one. And as EA is operating on open bar so the opposite signal can be changed but EA will close old order with loss anyway. Besides i am using timefilter and new order can be opened in trading hours only.
It is example:
Order on new signal can not be open because i am using this EA with timefilter. But old order is closed:
That is why I said that be very carefully with this EA: I am using default settings and default settings is without stop loss: Ea can close the losing trade in opposite signal or in profit.
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Just for information:
- all EAs as the links is on this thread https://www.mql5.com/en/forum/176044
We call it files thread.
- Statements are updating during the every weekend.
Excel files - open files thread and on the first post you will see the excel files (in Winrar or Winzip archive) and link to the statements. I am uploading the statements weekly:
And there are Weekly performance (we need last pages with the performance of the week only - updating every weekend with new week performance), Total leaders (we need last post with the performance only - updating every week by new post) and Weekly Winners (we need last post with the performance - it is for the members who is taking last week performance into consideration of next week performance - there is some theory sorry).
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As to Daytrading 3 EA so I used this EA long time ago before this forum was created with real account. I used default settings but I used it with manual confirmation.
Just found thread with DayTrading5 EA. I did not test it yet.
https://www.mql5.com/en/forum/175280
Holyguy7 appears in the credits, he is a respected member of our forum.
I will test using new RCG broker data and default settings.
Just found thread with DayTrading5 EA. I did not test it yet. https://www.mql5.com/en/forum/175280
I think This EA will be good if it's use Stop Loss . Save and Profit...
I am affraid to test DayTrading with stop loss because i am testing EAs during the many months on the same account and with the same settings.
I used this EA with real money but still affraid for whose kind of EAs.
And it is all the pairs in one chart:
DayTrading3 EA with timefilter.
Forward testing results.
USDCHF:
USDJPY:
GBPUSD:
EURUSD:
Updated statement for this EA with timefilter.
Igorad fix the version with timefilter (attached).
Changes: timefilter is applied on openning new trades only and allow EA to manage already opened trades.
Those changes may reduce losses because it was many times when EA opened the trade but EA could not close it because it was out of trading time. So, for now, EA can manage already opened trades irrespective of timefilter.
This post in files thread was updated https://www.mql5.com/en/forum/176044