
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
hello
when I compile the version 5 I am getting 3 warnings
will it alter the workingno problem with the warnings, it concerns 3 functions that i don't use
I didn't get any warnings but the EA isn't abiding by my settings. Lots different.
Any idea? I have 0.01 lots set but it opened 0.56 lots ?? changed the account size and now opened 11.11 lot sizes? Is that because I have MM on? I want to use really safe settings. Thanks
a14=------------------------------------------------------------------------------
a12= USE WITH H4
a13=------------------------------------------------------------------------------
a10=------ Settings : 1: use included EA settings; 0: use your settings
Settings=0
a11=------------------------------------------------------------------------------
Lots=0.01000000
maxtrades=2
a2=------- after a loss, the next position is increased by coeff
a3=------- after maxtrades losses, the next = Lots or calculed with money management
coeff=2
a4=------- use money management (1) else (0)
mm=1
a5=------- with the maxtrades orders, maxiloss=risk% of the balance
risk=10
a7=------- we close the position when we have SecureProfit Pips
SecureProfit=20.00000000
a8=------- when we have MinProfit Pips, we trail the gain (trail= 20%of MinProfit)
MinProfit=10.00000000
a9=------- maxloss Pips
maxloss=30.00000000
trailing=10.00000000
matrixebiz,
to have safe settings,
use mm=0 and lots=0.01
or use mm=1 and risk=1
in your case, minprofit is too small, maxloss and trailing too
the EA run on H4 and you have to give him some liberty, otherwise, you lose because of trailing
when risk=1, you max loss = 1% of balance (it is in the case where all the trades lose : 1 to maxtrades)
xor3 so far
Hi seb,
Attached my results with xor3.
I am closing manually 2 open trades and switching to xor5.
Below link to a statement updated every 15 min:
http://www.forexea.com/xor5/statement.htm
Default settings
Timeframe: H4
Pairs: EURUSD, GBPUSD
Hi seb,
Attached my results with xor3.
I am closing manually 2 open trades and switching to xor5.
Below link to a statement updated every 15 min:
http://www.forexea.com/xor5/statement.htm
Default settings
Timeframe: H4
Pairs: EURUSD, GBPUSDthanks Tom, very interesting to see others accounts
matrixebiz,
to have safe settings,
use mm=0 and lots=0.01
or use mm=1 and risk=1
in your case, minprofit is too small, maxloss and trailing too
the EA run on H4 and you have to give him some liberty, otherwise, you lose because of trailing
when risk=1, you max loss = 1% of balance (it is in the case where all the trades lose : 1 to maxtrades)Ok, thanks. I'll try it.
Ok these are my settings now and just started a few minutes ago and all trades are losers. What is wrong with my settings now? Default secure profit for EA is 150, is that not too high? I was hoping to run it as "get in get out" trades. Even if I make 10 pips on a trade at least I would be in profit so if market goes badly in the wrong direction I wouldn't loose that much. Is that possible with this EA? What settings do you recommend? I would like to forward test this EA for a while and want it to be profitable. Thanks
a14=------------------------------------------------------------------------------
a12= USE WITH H4
a13=------------------------------------------------------------------------------
a10=------ Settings : 1: use included EA settings; 0: use your settings
Settings=1
a11=------------------------------------------------------------------------------
Lots=0.01000000
maxtrades=3
a2=------- after a loss, the next position is increased by coeff
a3=------- after maxtrades losses, the next = Lots or calculed with money management
coeff=2
a4=------- use money management (1) else (0)
mm=1
a5=------- with the maxtrades orders, maxiloss=risk% of the balance
risk=1
a7=------- we close the position when we have SecureProfit Pips
SecureProfit=30.00000000
a8=------- when we have MinProfit Pips, we trail the gain (trail= 20%of MinProfit)
MinProfit=15.00000000
a9=------- maxloss Pips
maxloss=30.00000000
trailing=15.00000000
Default MinProfit = 10
Trail = 20% MinProfit
So, if I'm gaining 10, I'm sure to keep minimum 8.
Is it right ? I don't think so.
Matrixebiz,
i use the EA with my 2 favorites EURUSD and GBUSD, i don't backtest it with others symbol(), i will do it later
on your settings, the values are too small for maxloss, profits and others ...
and maxtrades=3 : i think it's too small (4 to 6 is good)
for eurusd, my settings are:
SecureProfit=200 : i close if i have 200 pips
trailing=20 && MinProfit=25 : i trail the orders with 20 pips, but this rule must give me a minprofit of 25 pips, so the trailing begin when i am at 45 pips (20+25) of my entry point
maxloss=40 : my stop is 40 pips
for gbpusd:
secureprofit = 200
trailing=40 && minprofit=50
maxloss=60
it's not a intraday ea, you need maxloss and trailing > 20 at least
or you are always kill by the stop !!!!
Default MinProfit = 10
Trail = 20% MinProfit
So, if I'm gaining 10, I'm sure to keep minimum 8.
Is it right ? I don't think so.in XOR3, it was this rule, but this rule was ON only when you have at least MinProfit pips (and MinProfit was >=30 or 40)
in XOR5, i use classic trailing, not calculated on %of winning pips, but on a fixed number of pips
i hope i am clear