Here's the new "Goblin" ea...little brother to Predator - page 28
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Matrix, I do know how to read the code. I thought in more user friendly way...For example, If you set this parameter to some value, EA will try to..Ok nevermind
Sorry, I thought that was what you wanted, woops
Sorry, I thought that was what you wanted, woops
No problem at all
Teamfri,
The maxtrade was set at 3 on all 4 pair and was opening multiple trades with some lot size increases before the big move. It then receded back to the 1trade opened per pair and .01 max lots. During the run a trade would hit TP and immediately open another in the same direction. It still remains in this trading mode? This account has a $350 balance.
MikeThe EA is just now back to multiple trading and changing lot sizes.
I noticed the conservative pullback move by the ea about 13:30 when the large bar appeared. It has been in that mode until now.
backtesting...
diferent backtesting results for each settings...
MaxTrades=3 and Initial Stoploss= 0 or 1
What page are John's settings on?
Thanks
Settings
What page are John's settings on? Thanks
Page 22 post #211
John
diferent backtesting results for each settings...
MaxTrades=3 and Initial Stoploss= 0 or 1
Ok, so by turning SL on with a 1, where do I set the value of the SL to 30 pips?
Ok, so by turning SL on with a 1, where do I set the value of the SL to 30 pips?
I'm not sure but i guess it's initalstop.
Close of positions.
Hi
A set of short positions are opened for GBP/USD in my test.
I saw the last position was closed with profit. Read from code,
this should result in the close of all other opening positions.
Strange to me, those opening positions are not closed after the close of the last position. Instead, it continued opened another new short position (with the lot size the same as the one just closed and with the similar price).
Can someone help me to understand this? I am using the following parameters.
...
extern int MaxTrades=5;
extern int SecureProfit=10;
extern int AccountProtection=1;
extern int OrderstoProtect=3;
...
Thanks!
Scott
Dynamic Stop
Ok, so by turning SL on with a 1, where do I set the value of the SL to 30 pips?
Once again I have posted this description of MaxTrades and InitialStop.
John
Originally Posted by tururo
The way this EA works is to open a new trade when the loss gets to the value of the "Pips" setting (15). It does this until you have maxtrades open and will open no more. Once you get to maxtrades, if the price continues to go against you, your losses are unlimited. The modification sets the stop point at the place where the last trade would reach the 15 pip loss point + the value of initial stop. So, for each of the orders the stops would be as follows if Pips = 15 and InitialStop = 2, MaxTrades = 5:
Let's say your first trade sells at 1.2600
1st trade stop at 1.2600 + 75 + 2 = 1.2677
2nd trade opens at 1.2615
2nd trade stops at 1.2615 + 60 + 2 = 1.2677
3rd trade opens at 1.2630
3rd trade stop at 1.2630 + 45 + 2 = 1.2677
4th trade opens at 1.2645
4th trade stop at 1.2645 + 30 + 2 = 1.2677
5th trade opens at 1.2660
5th trade stop at 1.2660 + 15 + 2 = 1.2677
So when the price gets to 1.2677 all trades closed out at the stop loss. See yeoelevens earlier post for dollars example.
In practice the stops will vary by a few pips.