Termos de Referência
- I have an EA and I would like the settings optimised. I would like set files given for the pairs i'm interested in:
EURCAD
GBPCAD
EURAUD
GBPYEN
I have example set files for the first 3. I do not have a set file for GBPYEN
- Some advice given by the EA developer in terms of optimisation:
StopLoss - values 15 to 70 with step 5 TakeProfit - values 5 to 20 with step 1 BandPeriod - values 5 to 15 with step 1 BandBreakEntry - values 0 to 5 with step 1 BandBreakExit - values -5 to 5 with step 1 Optimize one parameter at a time and perform 3-5 optimization loops. Aim for Profit Factor > 1.8 and Expected Payoff at least 2-3 pips with the expected average spread during the Asian session and around the rollover period
- Additional EA details provided by the developer:
Magic - magic number - it is extremely important to keep this different for all robots MaxSpread - maximum allowed spread TicksTrade - if it is "false" the logic will be executed at the beginning of M1 bar, otherwise it will calculate and trade on a new price tick. The TicksTrade is potentially more profitable, but I prefer to use M1 open for testing and optimizations as this is the only reliable method for EA testing and tuning. StopLoss - stop loss value in standard 4 digit pips TakeProfit - take profit value in standard 4 digit pips BandPeriod - the period of the Bollinger Bands indicator BandBreakEntry - breakout in 4 digit pips of the BB line to initiate an opposite trade (the value could be negative) BandBreakExit - breakout in 4 digit pips of the opposite BB line to initiate closing of the existing trade (the value could be negative) UseTrendFilter - change this to "true" if you want to trade only in the direction of the trend defined by the two MAs below. If you use the trend filter for Asian session scalping you will get higher profit factor, but less trades. Generally, you do not need trend filter for Asian session scalping, but if you want extra safety it will help. MA_Fast_Period - period of the fast moving average MA_Slow_Period - period of the slow moving average MA_Trend_TF - timeframe of both MAs TimeRestriction - by default this is "true" so the EA will trade only in the hours listed below. If you do not want to use the time filtration, change this parameter to "false". CTHour1 - 6 - six possible slots for trading hours. Values 0 - 23 activate the slot. Enter a large value like 55 to deactivate the slot. Best results from our experience are achieved 21 and 22 GMT. You absolutely must adapt this hours to your brokers GMT shift. I am using Alpari data for all my tests, because they have the best long-term real history data in the data center. So for Alpari the trading hours are 23 and 0 as the GMT shift is +2 for Alpari. RecoveryMode - this parameter activates the drawdown recovery. Works when AutoMM>0 FixedLots - fixed trading lots when AutoMM=0 AutoMM - value greater than zero activates proportional money management, as example AutoMM=5 means 0.05 lots at 1000 account. AutoMM_Max - maximum allowed value of the proportional money management when RecoveryMode is used. MMTrades - number of history trades on base of which the drawdown of the RecoveryMode function is calculated RecoveryFactor - drawdown positive compensation in percent of the drawdown RecoveryMultiplier - trading volume multiplier in RecoveryMode LossPausePips - pause after loss algorithm - loss in pips LossPauseHours - pause after loss algorithm - pause in hours after loss greater than LossPausePips
- I use IC markets and have an ECN account.
I've attached the EA and the 3 example set files I have