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There are as many EAs in files thread and in this thread as well (post #20) so I did not test even 60% of everything we created for elite section.
Please find updated statements for 2 versions I am testing.
TrendEnvelopeExpert_v2.4
Hi New Digital
Fairly new on here so not sure if this is the right section or not.
i am testing TrendEnvelopeExpert_v2.4 and it seems to be going well, but i have a couple of questions i hope you can help with
1) everytime i open MT4 do i have to load the settings file manually or does it remember the last settings used.
2) Optimisation
a) what does it actually do
b) how do i check its done what its supposed to do
c) befor running it on the TrendEnvelopeExpert_v2.4 ea is there any settings i need to select specific to this ea.
d) do i need to run it against each pair
e) how often should it be ran
3) if for some reason i have to restart my machine and then restart MT4 SOMETIMES it seems to pile straight into a trade is this just coincidence or could it be because i haven't loaded the settings yet or is it the chart hasn't got all the data yet and confuses the ea.
Thanxs in advance
Mostly remember but I had few cases when not. But I do not know why you need to close Metatrader. Because EAs are woking 24 hours a day dugint the 5 days. You will need to close MetaTrader during the PC prophylaxis (PC checking) on Sunday for example.
Any EA should work 24/5 so some people who can not use PC 24 hours whole day and night are having some VPS or some servers https://www.mql5.com/en/forum/general
Select the settings.
Read this thread https://www.mql5.com/en/forum (there are some links to Codersguru lessons - one o 2 articles about it.
But the settings for this version was already selected. As I remember there are 3 kinds of settings https://www.mql5.com/en/forum/174793/page2 so you can use any.
Read reply above. You will do optimization only if you need your own settings. But optimization is not easy case for every pair. So, you can use my settings https://www.mql5.com/en/forum/174793/page2
.
I said about the settings everything. Only I can say that it is the beter to make the settings by default for EA/pair using MetaEditor. I am always doing like that.
You will see which pair and timeframe in the settings description or in the post https://www.mql5.com/en/forum/174793/page2
24/5.
Make the settings by default.
Read this post about optimization https://www.mql5.com/en/forum/174701/page4 (but I am not sure that you need to do optimization).
And there are some video about how to prepare Metatrader to trade with EAs here somewhere https://www.mql5.com/en/forum
mini account
Hi ND
Thanks for your reply i am working my way through your answers.
i want to try the ea in live market conditions and was going to open a mini account($250) with interbankfx to see how it goes, my question is will i need to make any changes to TrendEnvelopeExpert_v2.4 for it to work in a mini account, lots sizes for example and if so can you suggest what they should be.
I don't know ...
Backtest with IBFX mini and with your future possible deposit (demo) just to see lot size.
Because I am always doing like that: when I am trying to test some EA so I am backtesting it first. Just to see the lot size, and I can change lot size or MM for example ...
Because in many cases the coders said: "hi guys, I coded EA. Please try".
So ...but to try it is necessary to know the settings, MM, lot size and so on ...I am spending long time just to understand about what to do.
And I am doing it by backtesting. Not to see how profitabe EA. Just to see lot size and so on.
Updated statements for TrendEnvelopeExpert_v2.2 EA and for TrendStrengthExpert_v2 EA. I am testing it in one MetaTrader. From the image you can see the open trades. It is open trades of TrendEnvelopeExpert_v2.2 EA (TrendStrengthExpert_v2 is trading by 1 lot and not trading often).
...From the image you can see the open trades. It is open trades of TrendEnvelopeExpert_v2.2 EA (TrendStrengthExpert_v2 is trading by 1 lot and not trading often).
It is open trades right now:
And it is nrmal statement from the Metatrader where I am testing those 2 EA (5 charts):