Bliksem (Counter Trend EA) - page 13
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Hi everybody!
This version resolve your problems. Fixed bugs, except messages on errors of closing LIMIT orders. May be change order of SL? Let's think together. Unfortunately, I've not much free time for intensive working for this EA.
Excellent strategy. Entry is fine, but exit is subject to hard thinking. And reverse of trend...
Regards.
Yes, it's an excellent strategy. I believe many of you have tested a lot of EA. For those EAs depend on indicators to get entry and exit for a trade, you probably found the entry is not good enough. The exit makes sense but the profit is not quite convinced to use the EA on a live account. I appreciated Wayne to share this excellent strategy and also the EA. This EA works and it's manageable if you pay a little attention to close the trade and secure your profit.
BTW, Gling contributed some new features to this EA, which are nice additions. I will be delighted to see a new thread if Gling decides to create a new one. The point is not to compare which EA is better, but to separate the new feature based on the same concept in this EA. We are the users of this EA. Begger could not be chooser. What we can do is to help programmer test the EA and share experience and hopefully the people who joined this thread can work together to create an EA that works well to make money in live account.
Food for thought
As I was looking at the EMAs on all the charts, it occured to me that maybe another rule could be employed for added accuracy. Price must also be in agreement with the EMAs. In other words, if the 13 is above the 55's (buying), price should also be above the 13, and vice-versa. This may prevent taking a trade during a correction or directional change.
Hi everybody!
This version resolve your problems. Fixed bugs, except messages on errors of closing LIMIT orders. May be change order of SL? Let's think together. Unfortunately, I've not much free time for intensive working for this EA.
Excellent strategy. Entry is fine, but exit is subject to hard thinking. And reverse of trend...
Regards.
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Allowed SELL & BUY orders
Now this version can SELL & BUY!
I also add AutoIncremets, StopTrading after closing all open orders & remove some bugs.
One else bug... Upgrade, please.
And one else bug. Fixed TrailingStop for first SELL order.
Upgrade, please.
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I would be interested to know how you changed to 1.5 x .. I can only do a mulitiple of 2,4, etc. Otherwise, I get an invalid integer error when I try to program with something that isnt in the ea's lot size.
I move these variables in extern section.
gling57.
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Bliksem EA and Spyker indicator
I downloaded the Bliksem EA and changed it bit, opened a $1000 demo account with FXDD on 28-01-2008 at 13:54 and start testing live demo. On 01/02/2008 09:52 the stats was:
Gross Profit: 1 425.16
Gross Loss: 458.34
Total Net Profit: 966.82
Profit Factor: 3.11
Expected Payoff: 12.40
Absolute Drawdown: 0.00
Maximal Drawdown: 266.00 (13.65%)
Relative Drawdown: 13.65% (266.00)
Total Trades: 78
Short Positions (won %): 5 (20.00%)
Long Positions (won %): 73 (63.01%)
Profit Trades (% of total): 47 (60.26%)
Loss trades (% of total): 31 (39.74%)
Largest profit trade: 176.00
loss trade: -120.00
Average profit trade: 30.32
loss trade: -14.79
Maximum consecutive wins ($): 14 (513.12)
consecutive losses ($): 8 (-266.00)
Maximal consecutive profit (count): 513.12 (14)
consecutive loss (count): -266.00 (8)
Average consecutive wins: 3
consecutive losses: 2
This is about 96.6% in 4 days.
On 01-02-2008 at 18:09 the stats was:
Gross Profit: 1 681.16
Gross Loss: 987.34
Total Net Profit: 693.82
Profit Factor: 1.70
Expected Payoff: 7.01
Absolute Drawdown: 0.00
Maximal Drawdown: 511.00 (23.85%)
Relative Drawdown: 23.85% (511.00)
Total Trades: 99
Short Positions (won %): 5 (20.00%)
Long Positions (won %): 94 (58.51%)
Profit Trades (% of total): 56 (56.57%)
Loss trades (% of total): 43 (43.43%)
Largest profit trade: 176.00
loss trade: -184.00
Average profit trade: 30.02
loss trade: -22.96
Maximum consecutive wins ($): 14 (513.12)
consecutive losses ($): 10 (-511.00)
Maximal consecutive profit (count): 513.12 (14)
consecutive loss (count): -511.00 (10)
Average consecutive wins: 3
consecutive losses: 3
This is about 69.38%
After this loss I changed the EA to close all trades on Fridays at 14h00 and will continue the testing and post the stats.
What is the Bliksem EA ?
Bliksem EA
Bliksem is a counter trend system that was posted by KaMper. There is a thread on this system
is there an EA?
Bliksem is a counter trend system that was posted by KaMper. There is a thread on this system
I searched for bilksem...nothing...?
oh wait blik...sem