Xor3 ea (H4) - page 2

 

seb

Please clarify the statement: the rule of buy or sell depend only of the position of stochastic 4H and his signal (sto>signal => buy). WHen using any EA, I also like to plot the indicators on my charts....

 

The file is gray in experts list, but I have attached it on USDJPY H4 and the face is smiling.

Does it work so ?

After 6 hours, no trade.

Thanks in advance.

Jo

 

Results

This EA has progressed and now we can see more clearly how it works.

xor3 seems to contain it's self very well without using up precious margin.

A very interesting start with considerable merit.

John

Files:
xor32.htm  15 kb
xor32.gif  5 kb
 
Jovager:
The file is gray in experts list, but I have attached it on USDJPY H4 and the face is smiling.

Does it work so ?

After 6 hours, no trade.

Thanks in advance.

Jo

xor is always in position, you have maybe a problem with the property accountyp (1 : normal; 2:mini-account), check it.

 
seb:
xor is always in position, you have maybe a problem with the property accountyp (1 : normal; 2:mini-account), check it.

Thanks.It is now working.

I will tell you the results.

 
seb:
xor is always in position, you have maybe a problem with the property accountyp (1 : normal; 2:mini-account), check it.

Hi Seb,

Test is going well. See the statement on four majors with 0.01 lots on IBFX min account.

Do you have idea What could be the possible Maximum DD in the worse case?

Say we have 500 pips jump agaist our initial position. Do you think the EA can handle this case?

Thanks!

Files:
 
forex4syg:
Hi Seb,

Test is going well. See the statement on four majors with 0.01 lots on IBFX min account.

Do you have idea What could be the possible Maximum DD in the worse case?

Say we have 500 pips jump agaist our initial position. Do you think the EA can handle this case?

Thanks!

thanks forex4syg,

no good idea for the maximum DD;

in the case of 500 pips against the initial position, the EA does not work like 10pt3, the EA close the first position with lose (50pips), but reverse the second position with lot x 2 ... the ea is more reactive and don't listen too olds signals

 

Hi Seb, great work is it possible to post the mq4 file ? The money management method seems interesting would be good to see the code, thanks in advance

 

mq4

leeb:
Hi Seb, great work is it possible to post the mq4 file ? The money management method seems interesting would be good to see the code, thanks in advance

yes leeb,

i will post it, but the code is not clean ...

i want to clean it before post it, i hope i will have time next week

 
seb:
thanks forex4syg,

no good idea for the maximum DD;

in the case of 500 pips against the initial position, the EA does not work like 10pt3, the EA close the first position with lose (50pips), but reverse the second position with lot x 2 ... the ea is more reactive and don't listen too olds signals

Hi Seb,

The EA uses the stochastic 4H and his signal (sto>signal => buy). If my understanding is right, it would get the same signal (for example, buy) from the Stochastic 4H when the pair goes in a wrong direction asgainst us.

This means it is possible to keep buys from first position, second position (with close of first position), third position (with close of second position), until the Maximum open position. Here is the example seen from my test:

19712084 2007.01.15 18:01 buy 0.01 usdchfm 1.2492 0.0000 0.0000 2007.01.16 07:39 1.2451 0.00 0.00 0.01 -0.33

19740179 2007.01.16 07:39 buy 0.02 usdchfm 1.2456 0.0000 0.0000 2007.01.16 10:30 1.2416 0.00 0.00 0.00 -0.64

19757470 2007.01.16 10:30 buy 0.04 usdchfm 1.2420 0.0000 0.0000 2007.01.16 15:46 1.2473 0.00 0.00 0.00 1.70

Seems it is not reversed. Please clearify this.

Assuming 200 pips jump against us, and maximum orders are 5,

First poisition 1 unit,

Second position 2 units, lost 1x40 pips = 40 pips

Third position 4 units, lost 2x40 pips = 80 pips

Fourth position 8 units, lost 4x40 pips = 160 pips

Fifth position 16 units, lost 8x40 pips = 320 pips

and the fifth position is also lost, 16x40 pips=640 pips

Total pips lost would be:

40+80+160+320+640=1240 pips.

The 200 pips jump or 300 pips jump would be the same since the last position is closed with lost of 40 pips.

Is the simple calculation correct?

I am very interested in whether the second position will be reversed when first position is lost.

Thank you very much!

Reason: