Sweatspot (tm)

 

I am posting this EA for forward testing. I am not very good at coding but i think this has some good potential

Attach to GBP/USD and EUR/USD Daily charts

lets test and suggest some changes

the structure is based on Starter EA. This EA gets trend from 15m chart (Like True Scalper) with a 30min CCI filtering

Happy trading

Caxton

 

hi

thanks i will testing

--

 

Results are in, see attached

Results for the last few days, will post every week

Safari

Files:
 

More results

See attached statement. I changed codes to fix a problem with order request.

Had one loss, introducing a trailing stop to save pips

Anyway looks like no one is testing

Caxton

Files:
 

where is the EA

safari:
See attached statement. I changed codes to fix a problem with order request.

Had one loss, introducing a trailing stop to save pips

Anyway looks like no one is testing

Caxton

I would like to test. Where can I find the EA?

Poekmeister

 
safari:
See attached statement. I changed codes to fix a problem with order request.

Had one loss, introducing a trailing stop to save pips

Anyway looks like no one is testing

Caxton

Hi Safari...

Nice results..

I'm testing your EA with default settings H1 and Daily timeframe..

My broker is North Finance real and demo account..

I have run the backtest on the same period from 11st Nov 2005 to 11st Jan 2006 but on different timeframes, namely the daily and 1H, and the backtest stop at 15th Nov H1 timeframe and 26th Dez daily timeframe..

Do you know why it stops in these dates? And why it doesn't test until today?

And why this appear?

SweatSpot: invalid lots number for OrderSend function

Do you use only UsdChf H1 timeframe?

Regards

Files:
sweatspot.mq4  6 kb
 

Improvements

I am working on the following areas

1) opened orders counter by symbol. at the momment, i tyhink the count is for all orders, hence the EA may not trade more that one pair

2) intoduce stop loss base on EMA89 support/resistance level

3) introduce a H6H1 indicator filter. this may slow the EA in terms on no of orders per day, but increase accurasy to more than 85% for a 20-30 pips target with 30-40 pips at risk

Please send results, comments. The new version should be ready by Monday next week

Safari

 

Safari,

Thanks for the update.

Looking forward to testing the updated EA.

This could be the next big thread!!

SH

 

Now you can use this expert on several charts, 1 currency pair - 1 expert.

Can do manual trading .

Can change # of trades opened at the same time per symbol. <-- backtested, works

I didn't test it though.

I modified version posted by hellkas - it's the only one that I found in this thread, but i'm not sure if there is trailing stop which safari mentioned.

Files:
 

With small account & small lot size I was getting "Invalid lot size" one time. Whoever has this problem can add if(lot < 0.1) lot = 0.1;at the end of LotsOptimized() before return.

 

I began testing it on 6 pair at the same time, and here we go while I requested to trade 1 lot EA decided to trade 5. Can this EA do this or it's my buggy mods.

I thinks LotsOptimized requires modification too.

Sorry, everthing like it suposed to be: //---- select lot size

lot=NormalizeDouble(AccountFreeMargin()*MaximumRisk/500, 1);

Suggestion: this EA is too wild, maybe remove this?

replace this

if(OrderSymbol()!=Symbol() || OrderType()>OP_SELL) continue;

//----

if(OrderProfit()>0) break;

with

if(OrderSymbol()!=Symbol() || OrderType()>OP_SELL) continue;

if(OrderMagicNumber() != MAGIC_NUMBER) continue;

if(OrderProfit()>0) break;

Last Edited:

My previous version had a stupid mistake that coused to open many orders after first 3 opened. I'll post new one in several hours when finish testing.

Files:
Reason: