Great EA in backtest! - page 26

 
yan7181:
untill now i still can not find any proof that brokers aint betting against the customers. they have thousands of excuses to tell you that they are genuine and scalper isnt right because they have no time to transfer your order to the so called "market". maybe my knowledge is limit, but i believe that most of the brokers are just like casino, and the customers are gamblers. small profits are ok for them, but if you are consistant and a big players, they will change auto pricing into manual pricing to tear you down. one of my chinese forum trader who been very good in trading was black listed by most of the brokers, and he even need to use his wife name and his friends name to open account with the brokers. anyway, i still believe in forex, and will keep going on with it. good luck and good trades guys.

Of course brokers bucket the trades!! This is their business. They have a desk for this purpose so that they can take the other side of the trade. With 95% or more losing trades, thats not a bad deal huh? I am friends with many FX desk dealers so I know exactly what they do. It is much worse than casino odds for the typical victim. This is the precise reason that they dont necessarily like a fast trading method on the other end. Can you imagine a poor dealer trying to take the other side of cyberiatrader every 5-10 min? And look at his analysis to try to figure out which trades to go against? It would be murder after a 10-12 hrs shift!!

 

precisely.

 

Ok, I was testing this on friday. It was very impresive during the late flat market. This was done with version 1.6 on the Strategybuilderfx demo feed at the 1 minute chart. Well, at strategybuilderfx the demofeed and the live acounts are not the same as far as I understand it. This makes me a bit uneasy of opening a live acount with them.

I read here that people had sucsess with this at the interbankfx as well. So I did som research and found out that interbankfx charges spread + 1 pip ?? Exactely what does this mean? Does it mean that if I take 1 pip profit (as this EA does a lot of times) Ill just break even? If so, is this also in the demoplatform?

Can someone please enlighten me?

And hello to everybody, since this was my first post here.

Thanks up front for any reply.

 

Staticstoploss, stoplossindex???

I'm quite confused about how staticstoploss, stoplossindex, and autostoplossindex-true/false relate to eachother. Can someone please explain how they work? I've read the forums and am still at a loss as to how to properly set them. Someone please help me out on this...

Nick,

 
faifarni:
I'm quite confused about how staticstoploss, stoplossindex, and autostoplossindex-true/false relate to eachother. Can someone please explain how they work? I've read the forums and am still at a loss as to how to properly set them. Someone please help me out on this... Nick,

Nick I think we all are lost, including myself who programmed few upgraded features for it. It is not an easy task to understand these features. To find out more perhaps you should log on www.cyberia.org.ru and check the forums. I think we are all trying to figure this chinese puzzle out!

 
fxspeedster:
Nick I think we all are lost, including myself who programmed few upgraded features for it. It is not an easy task to understand these features. To find out more perhaps you should log on www.cyberia.org.ru and check the forums. I think we are all trying to figure this chinese puzzle out!

Nick, as fxspeedster mentioned, this info is available on cyberia website. Check attachment files on the main page there to download the manual. While it is for pro-version, some parameters explained there.

Some info is also available in russian at MQL forum. Below is my translation about the parameters you are interested:

extern double StopLossIndex; - coefficient of confidence for automatically calculated stop-loss (should be increased for high-volatality markets)...

extern bool AutoStopLossIndex = true; - turns on automatic calculation for stop-loss.

extern double StaticStopLoss; value of static stop-loss (to turn off, put 0)

As far as I could understand, one could use either automatic stop-loss with AutoStopLossIndex = true, StopLossIndex = [some value that should be optimized], StaticStopLoss = 0;

or Static stop-loss. In this case, you turn off (false) AutoStopLossIndex and optimize StaticStopLoss.

In the manual for the pro-version, it is indicated that for optimization of StopLossIndex, Long-only orders should be used.

 

Evaluating a new concept

I am considering permanently adding a new concept in CyberiaTrader in addition to the Pivot_day filter. As you all know larger price ranges follow narrow ranges and vice-versa. The ATR is a perfect indicator for this. In order to be more successful with the entered trades CT can enter only on narrower ranges which give a higher probability that the profit will be reached faster and more successful. I am testing this now in the beta version with good results, but before I implement it, I wanted some feedback. What do you think?

Also can somebody post the normalization code for the iATR? scale 0-100 and we should enter only when the ATR (normalized) is under 50. Thanks!

 

Thank you both for the info,

Also, thanks to fxspeedster for the work on this ea....

 

I have a question about the magic numbers. I don't know much about coding in MT language. The magic number has to be different for every pair, correct? Could I just change it to any number I want? What do the magic numbers enable the EA to do? Thanks in advance.

 
forextrades:
I have a question about the magic numbers. I don't know much about coding in MT language. The magic number has to be different for every pair, correct? Could I just change it to any number I want? What do the magic numbers enable the EA to do? Thanks in advance.

Yes, you can change the Magic Number to any number you want.

This magic numbers enable EA to identify which orders it opened and which orders that were not opened by this EA.

If you want to know more about magic number, visit this link:

https://www.mql5.com/en/articles/1359

You only need to read the first few paragraphs if you dont want to go deep into the programming stuff..

Reason: