I just took the statements for first week of the May contest.
Beluck's EA is with small profit for some pairs but in small loss in total now.
Igorad's EA is in good profit for USDJPY and in small losses with other pairs.
Some Codersguru's EAs are performing very good with the profit of more than 200 pips per chart. Codersguru is having 4 EAs for this contest. And some of them are very good performing.
It is difficult to see now which one is better (it is interesting for me as well) because 4 EAs are testing in 1 Metatrader. But all the closed orders did +305.15 and some orders are opened with +434.18 (all 4 EAs all together for 1 week testing in deposit currency using 0.1 lot - not in pips).
Some EAs from Pengie are performing good as well (I don't know which one because Pengie is having 2). I think it is GridMACD EA: this EA did more than 1000 pips (totally) just for this one week. I counted all closed and opened trades but all the trades were closed on GridMACD (no any opened now).
As I remember GridMACD is trading on 3 charts and Codersguru EAs are using many charts.
But grid is grid so will see.
Please find fixed version of GridMACD.
Thank you very much!
Thank you for this work, I will follow the results of this ea with interests
I looked at the contest trades once again:
- GridMACD opened several trades now. Not closed yet.
- Beluck's EA is very interesting. This EA is having very small stop loss and I hope it will make the good profit during the next week (it is about 0 pips now).
- Igorad's EA is easy going and slowly going: it opens 1 order per chart. You can not lose a lot using this EA. Should be in profit in the end of month (I hope).
- one or 2 Codersguru EAs did more profit this Monday. And I think some of 4 EAs are very profitable. Sorry but I can not see now which one.
I think May contest will be very interesting concerning results.
I checked Codersguru EAs now. Because it was very interesting which one did good profit.
And one EA did 625 pips and the other one 162 pips.
Thank newdigital for you efforts and hard professional work!
Could I know which EA that had made 625 Pips? and which one of all the EAs is the top EA till now?
PriceCross did 625 pips (in total for May for all the pairs tested).
MAChannel did 162 pips.
Other two EAs are in small losses (in total for May) - 170 and 120 probably.
Testing is continuing.
Interesting this EA. I don't understand why in april it did this bad results:
Is it a counter trend EA?
I do not remember now this April.
Where did you get this figures?
I want to say the following.
We have very different EAs for the contest. Very different. And sometimes one month is not enough. It is not enough for Codersguru EAs, for Beluck EA and for Igorad's EA. It may be enough for Pengie EA (GridMACD).
Codersguru EAs were adjusted to have big profit. Big profit irrespective of the losses. And this kind of EAs can not be profitable in every market condition and it was programmed like this. It is necessary to know when to use it.
Igorad EA was adjusted to be profitabe forever (yearly). Small profit every week. If this EA is lossing during the one week - it is nothing because we know that it will be profitable yearly. Bad month, good month but this EA should be very profitable if we will counting it yearly.
Beluck's EA is very interesting. This EA is having thin stop loss. It is lossing money during the 1st and second week and it become a very profitable during the next 3rd or 4th week. But 1 month is not enough sometimes. As you know Beluck programmed this EA with Money Management to double deposit in one month. But now we are not using this option (MM). And there are good month and bad month for this EA as well.
It is the same with Pengie EA: it may be profitable but if we test it more than one month this grid system may eat deposit of any size (if we are using this EA in any market condition).
So we have 4 programmers, 4 approaches to the EA's creation and ideas, 4 points of view and 4 opinions on how it should be.