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OK I understood and rectified
Nice work Smartman. I've been using your SM01 as a test since I could never get both buy and sell working on the same chart. Have you made any more mods ? maybe an SM02
By the way, guys, ponder this, multiplier of 5 max trades 4. Why most of the equity comes in the 2nd or 3rd set so instead of earning it with .02,.04,.08 lots you would get it with .05,.25,1.00 (capped at 1). You guys may have better numbers but play and test that out. Maybe even x4 with 5 trades deep. It improves the results, but I'm not sure what happens when the trade blows up, at least you are capped.
Let me know your thoughts...
Minnelli
Update on Live Trading V1andV2Mini
Greetings friends,
I just thought I would post my first month's results of live trading the
V1andV2mini EA. I have gained exactly 20% this month. Not bad at all.
Just thought I would share.
Mike
So 10point3, blessing and v1+v2 are all very similar. Which one was first and which is better in your opinion?
So 10point3, blessing and v1+v2 are all very similar. Which one was first and which is better in your opinion?
V1andV2 in my opinion.
thanks, in order to get an EA to reload changes that i have made do i have to start and stop the EA. remove and attach it again after saving the changes or restart mt4?
also i am using multi trend indicator
in order to get the daily ranges and pivots in order tweak it by adjusting the TP of the positions with the trend. also i am using martingale multiple of 1.5 every 25 pips with max trades 10 so it should only double up to level 5?? due to the other order side taking (should onlY) up the other 5 orders (is this correct?).. Also the trend is very helpful as i sometimes add positions based on it (perhaps this is a bad idea??).
anyway i have been running it for 5 days and yeah 1.8% booked in but a negative DD of 2% at the moment. Mine always seems to be at that level and flattens out eventually. not sure if it was my timing in starting the EA or what but its fine.
GL all.
other random thoughts. is this system is best for consolidation periods?? (i would think so or doesn't it matter?), supposedly the market is in this mode maybe 80% on the time. i hope to be able to plot performance Vs market conditions in the LT in order to identify periods where you can increase risk
mikejody are you using the 5%mini combined ea or separate but and sell charts? personally i like the idea of two because you can disable one side if you think you need to.
Updated for everyone else
islandrock,
I have solved this problem with this update at the begining of code:
in the "variabili globali" section I have initialized Long and Short vars.
=======
//SM 05/10/07 double LotsB,LotsS,Long,Short;
double LotsB,LotsS;
double Long =1000, Short=-1000;
=======
Regards.DUDE you’re the man. cant test since the weekend just ended live trading.
for everyone else that’s programming impaired. (I thought it was funny)
here is an updated version for you.
with smartman's mod it should not close out the open buys when restarted.
it closes the trades faster
I also gave you external MAX LOT control and an Initial Lot Override. and this one is universal as well. just set the true/false for standard/mini account
Hmmm... I used the original version for the standard account. So far, starting from May 14 up to yesterday, my demo account of $3000, realized a gain of $182 (6.23% gain), with a floating loss of $5.08.
@mikejody, I am not sure if something is wrong or what. But how do I post my results here, so that you may help me see what is wrong. At least, from May 14 onwards, we will somewhat have similar number of trades, right?
At any rate, a 6% gain for half a month is not at all bad! But if I can make it 20% gain a month, that will be real great!!
Hi,
I have made no additional modifications. About your proposal, If you will
increment lots you will increment your risk, so you need more money
(no problem with virtual money, but with real money...). Another detail is
broker accepts a maximum of lots per trade. Only my thoughts.
Anyway in the thread below, one of the mods have "LotInc" option. Maybe
it will be interesting for you.
https://www.mql5.com/en/forum
The same philosophy, but with some additional features. Also other ideas
are discussing there.
Regards.
Nice work Smartman. I've been using your SM01 as a test since I could never get both buy and sell working on the same chart. Have you made any more mods ? maybe an SM02
By the way, guys, ponder this, multiplier of 5 max trades 4. Why most of the equity comes in the 2nd or 3rd set so instead of earning it with .02,.04,.08 lots you would get it with .05,.25,1.00 (capped at 1). You guys may have better numbers but play and test that out. Maybe even x4 with 5 trades deep. It improves the results, but I'm not sure what happens when the trade blows up, at least you are capped.
Let me know your thoughts...
MinnelliWhat TF seems to be the best so far with this system?