Discussion - page 116

 

Please, do not promote any commercial EAs inside this elite section.

 

All the statements/performance, excel files and leaders' threads were updated. Please read this post https://www.mql5.com/en/forum/173403/page24 and this thread https://www.mql5.com/en/forum/174416

(note: next week it will be the different location of the statements/performance - just to keep old performance inside this section).

--------

Some news.

It was next version of Electra EA was created (1.17 version by mladen). Difference from previous version is that re-coded version of AbsoluteStrength indicator is used as additional to already existing features.

1 week statement is attached.

I will test it some more days and after that I will post it in elite section.

Files:
 

Add safety feature to Terminator 2

newdigital:
Any suggestion about EAs testing, suggestion EAs to test and any other talking and advice please post here.

Hi,

I have been using Terminator 2 for a while but stop. Although I find it good but still too risky. Is it possible to add a safety feature to it, when it reaches the max level, an opposite direction will open:

For example, if the max level is 4:

1st: buy 1 lot

2nd: buy 2 lots

3rd: buy 4 lots

4th: buy 8 lots

5th: sell 16 lots

Both buy and sell orders has the same TP points. Either the price go up or down, when it hits the TP, the whole cycle will be closed.

 

Automated Ea

Hi guys!... I'm looking for a good automated trading system but i see hundreds and hundreds of threads about it (that's cool)... but where can i start with a good one?

Thanks.

 

All the statements/performance, excel files and leaders' threads were updated. Please read this post https://www.mql5.com/en/forum/173403/page24 and this thread https://www.mql5.com/en/forum/174416

(note: next week it will be the different location of the statements/performance - just to keep old performance inside this section).

 

Hi Newdigital

One of the profitable, yet risky with small account, is blessing 2 EA. Blessing is a martingale EA.

The Topic is here:

https://www.mql5.com/en/forum/178702

Some members run it in their live account. One member (ChicagoRob) ran the EA for 18 months in his live account.

According to the developers of the EA (Iron) the minimum balance is 250 US for each pair (for pips = 1 cent as in IBFX). Although some members recommend 500 US and even 1000 US.

I've tested it for about 1 month with 1000 US dollar (pip = 10 cent) and surprisingly it survived. But I don't recommend my demo way..

In the attachment you will find 2 forward test done by me and 2 done by George.

I think if you could run it in RAS it will be helpful.

Also I've a question if you or any member could answer it: Is there a trustful broker other than IBFX providing nanolots (0.01 = 1 cent)?

 

trailing stop of 1 pip EA

hi! first post here... but i read alot

i need a trailing stop EA or script that trail my order for pip by pip.. i have fxpro that allow only a trail stop of 5 pips...

so i need something that set a trail stop of less than 5 pips, and also if is possible trail stop should start at the current price

for example i'm in gain of 10 pips at 34331 i would like that i start the trail stop 2 pips and if the price goes to 34321 it catch the stop! for use instead of 'close position'.. i'm i clear?

 

Price Action Indicator

Does anyone know of any good Price Action indicators? Something that goes a little like this: http://www.enthios.com/Lessons/TradingPrimer/PrimerBuffypriceaction.htm

 

TP and SL math

Does anyone know of a good formula to figure out TP and SL targets? Other than just guessing?

I was using MA5-simple-high and low (using those values w/ the difference of them and the ask/buy lines). But this has turned out really bad when the market moves to fast and both avg's are above or both are below the high or low.

So if anyone is using anything good, please share.

Thank You.