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In English please.
Extremely was sorry that, I not too speak English! This is thesoftware machine translation! If has the mistake, please do not laugh. Thanks
Talking about the original 10 point 3 EA,
If the code is changed like below:
for(cnt=1;cnt<=OpenOrders;cnt++)
{
if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*1,1); }
else { mylotsi=NormalizeDouble(mylotsi*1,1); }
}
} else { mylotsi=lotsi; }
if (mylotsi>100) { mylotsi=100; }
OrderSend(Symbol(),OP_SELL,mylotsi,SellPrice,slippage,sl,tp,NULL,0,0,Red);
return(0);
}
}
if (myOrderType==2 && ContinueOpening)
{
if ((LastPrice-Ask)>=Pips*Point || OpenOrders<1)
{
BuyPrice=Ask;
LastPrice=0;
if (TakeProfit==0) { tp=0; }
else { tp=BuyPrice+TakeProfit*Point; }
if (InitialStop==0) { sl=0; }
else { sl=BuyPrice-InitialStop*Point; }
if (OpenOrders!=0) {
mylotsi=lotsi;
for(cnt=1;cnt<=OpenOrders;cnt++)
{
if (MaxTrades>12) { mylotsi=NormalizeDouble(mylotsi*1,1); }
else { mylotsi=NormalizeDouble(mylotsi*1,1); }
The mylots multiplier changed.
then the lots will be fixed and won't be multiplied. If you start with 1 lot then it will be 1 lot through out, If 0.1 then it will be 0.1 throughout. The drawdown danger will also be reduced. But the profits will be also decent approx 70 to 80 per cent per month. I backtested it on GBP/USD. Any body can have a try.
The mylots multiplier changed.
then the lots will be fixed and won't be multiplied. If you start with 1 lot then it will be 1 lot through out, If 0.1 then it will be 0.1 throughout. The drawdown danger will also be reduced. But the profits will be also decent approx 70 to 80 per cent per month. I backtested it on GBP/USD. Any body can have a try.Can you post your backtest result?
Regards
David
Can you post your backtest result?
Regards
DavidHere is the backtest report for one year. May be the period is less for back testing. That is for the user to decide.
It is on Interbankfx demo mini account
Initial deposit $250
Final result: $5155
PIP value : 30 cents through out one year testing. 3000 units buy/sell
it is 30 cents when the deposit value is 250 or 2500 or 5000!!!.
I am sure the final result will be much better if the pip value is changed according to
balance.
Target profit : 20 PIPS ( originally it was 40 pips)
Trailing stop : 10 PIPS ( originally it was 20 pips)
Here is the progress every every month.
$$
Start 250
2006
June 870
July 1370
August 1305
September 1740
October 2019
November 2126
December 2828
2007
January 3377
February 3983
March 4508
April 4816
May 5155
Attached alongwith is the backtest report.
Regards
Good 1
Here is the backtest report for one year. May be the period is less for back testing. That is for the user to decide.
It is on Interbankfx demo mini account
Initial deposit $250
Final result: $5155
PIP value : 30 cents through out one year testing. 3000 units buy/sell
it is 30 cents when the deposit value is 250 or 2500 or 5000!!!.
I am sure the final result will be much better if the pip value is changed according to
balance.
Target profit : 20 PIPS ( originally it was 40 pips)
Trailing stop : 10 PIPS ( originally it was 20 pips)
Here is the progress every every month.
$$
Start 250
2006
June 870
July 1370
August 1305
September 1740
October 2019
November 2126
December 2828
2007
January 3377
February 3983
March 4508
April 4816
May 5155
Attached alongwith is the backtest report.
RegardsThank you very much on your contribution. Lets look into it and try it out. Cheers
Regards
David
Here is the backtest report for one year. May be the period is less for back testing. That is for the user to decide.
It is on Interbankfx demo mini account
Initial deposit $250
Final result: $5155
PIP value : 30 cents through out one year testing. 3000 units buy/sell
it is 30 cents when the deposit value is 250 or 2500 or 5000!!!.
I am sure the final result will be much better if the pip value is changed according to
balance.
Target profit : 20 PIPS ( originally it was 40 pips)
Trailing stop : 10 PIPS ( originally it was 20 pips)
Here is the progress every every month.
$$
Start 250
2006
June 870
July 1370
August 1305
September 1740
October 2019
November 2126
December 2828
2007
January 3377
February 3983
March 4508
April 4816
May 5155
Attached alongwith is the backtest report.
RegardsMODELING ISNT 90% EVERY TICK
MODELING ISNT 90% EVERY TICK
Yes. The best way to test is to either forward test on a demo or even better areal account with minimum balance possible.
What I think GBP/JPY is also more suitable for thgis method. I am forward testing them on a demo. But it will take some days for the outcome.
Yes. The best way to test is to either forward test on a demo or even better areal account with minimum balance possible. What I think GBP/JPY is also more suitable for thgis method. I am forward testing them on a demo. But it will take some days for the outcome.
PLEASE POST EA WITH YOUR CHANGE.
THANKS
Yes. The best way to test is to either forward test on a demo or even better areal account with minimum balance possible. What I think GBP/JPY is also more suitable for thgis method. I am forward testing them on a demo. But it will take some days for the outcome.
Ok. I've studied your idea. Its now more like grid trading instead of ordinary cost averaging system. Forget about the modelling quality. Wont bring much meaning. Any idea is a good idea. Thats what I learnt after few month of participating public forum development. GBPJPY is a good candidate too, especially when gridding. But I have a small suggestion. Set the EA to allow BUY only, instead of both side orders. Ofcourse, original 10point3 will not do you any good on GBPJPY with 1 directional trading. May need to revise the indicator to open a correct long position on GBPJPY.:) Any suggestion?
Regards
David
Who is trading this EA live?
Hi,
I have a question and don't really know if someone has a post so my apologies.
Who is trading this EA live even with a very small account? and how is it going?
Thank You.