Xor3 ea (H4) - page 5

 
frederic:
hello

when I compile the version 5 I am getting 3 warnings

will it alter the working

no 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

 
tomstaufer:
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

thanks Tom, very interesting to see others accounts

 
seb:
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 !!!!

 
Jovager:
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

Reason: