10points 3.mq4 - page 7
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wow this is frustrating. are trades opening up every 15 pips in the wrong direction for you guys on default settings?
This is a 'Martingale' system of trading where the odds of winning are to increase when on a losing streak. Gamblers use this method. This system by itself is dangerous. It needs a daily trend signal that would allow it to trade one way in a given 24 hr period. Perhaps using FX Sniper's Ergodic CCI signal would be helpful. Just a thought.
COTtrader
i understand how it works. My EA is not opening up more than 1 trade.
this is how my code starts.
extern double TakeProfit = 40;
extern double Lots = 0.01;
extern double InitialStop = 0;
extern double TrailingStop = 20;
extern int MaxTrades=10;
extern int Pips=15;
extern int SecureProfit=10;
extern int AccountProtection=1;
extern int OrderstoProtect=3;
extern int ReverseCondition=0;
extern double EURUSDPipValue=10;
extern double GBPUSDPipValue=10;
extern double USDCHFPipValue=10;
extern double USDJPYPipValue=9.715;
extern int StartYear=2005;
extern int StartMonth=1;
extern int EndYear=2006;
extern int EndMonth=12;
extern int EndHour=22;
extern int EndMinute=30;
extern int mm=0;
extern int risk=12;
extern int AccountisNormal=0;
This is all correct right?
As far as I am testing this system, the "safe" way how to trade with this is 3000 - 5000 USD / mikrolots = 0.01 or 30k - 50k USD = 0.1 lot
I made 100 USD with 6 % down for just 2 days on 0.01 lots.
not woking
hi guys
i repair the script & run it on the gbp/usd but from 3 days before it still stays without any trding on the M30
i am testing it on eur/usd right now and works fine. i have not tested it with other pairs.
10 points 3 EA system trade - default changes
24/7 run from Sept. 6 and 7th for a total of 44 trades.
Changed Setup:
Lot size change from .01 to .1.
Also, I reduced the TP from 40 to 30 then to 20 and included TS = 15.
These are the only changes I made to the default settings.
Current Settings:
TP = 20.
Lots 0.1
Initial Stop 0
Trial Stop 15
Max Trades 10
Pips 15
Secure Profit 10
Account Protect 1
OrderstoProtect 3
Reverse Condition 0
mm 0
risk 12
Others please try a different setup and post your results.
Thanks.
COTtrader
And what TF you use?
And what TF you use?
Using the default settings (except for lot size = .1) overnight and I have a nice result so far. One of the better EA's I have tried. It has potential.
M30 TF
+945.68 closed
-342.14 float
as of 19:05 GMT
The only problem is I don't have a mini-account, nor do I have $250k I want to put into an account running an EA, so hmmm....
Hi,
Somebody tried to put a lower TP? TP=10?
Thanks