C. I. S. M.P-1 EA version with strategy #2 for IBFX broker.
GBPUSD, USDJPY, AUDUSD.
The settings for IBFX broker (and for any other broker): see this post.
I am trading the strategy #2 with this EA.
- Terminator all the versions, EAs, settings, indicators and manual trading as an options: read this post.
- the settings for C. I. S. M.P-1 EA is on this post.
- Digital Martingale EA is on this post. This EA is using digital filters indicators. Description of the indicators used - this post and next posts. Digital Martingale-2 EA is on this post. It is improved and corrected version of this EA.
- Visual statement is forward testing/trading results. More about it: Signal Performance Factor and visual statements: this post with the explanation and on those 2 posts as detailed comments: this post and this one.
This is another Terminator type Ea, it is using Absolute Strength on mtf and Blau-Eco-jurik, put it together did a quick back test on m15 timeframe to see if it worked, was surprised to see it did all right. The strategy is by default have absolute strength on H4 time frame and Blau Eco zero cross(on chart timeframe). The Terminator main features remain the same except added the auto magic number feature and now can be used on any broker with extra symbols. Please remember this is a martingale type Ea,and also the back test is just a test especially when using multi timeframe, so please take it for that.
ps) the indicators AbsoluteStrength and Blau eco-jurik(in rar file) needs to be in experts/indicators folder.
Thanks for keeping us posted with the Terminator results. On the statement, I notice there was a dip in equity around the middle, is that due to the stop loss mechanism kicking in? With martingale type EA's, that's the first and foremost concern, because it seems most only stop out when the acct is margin called. However, with a built in stop loss as a worst case, then at least you can sleep at night.
It tracks your account draw down and stores it in the global variables, you can track it by a percentage of your account or by dollars, there is also a stop loss, by default its set real high, but can be adjusted as needed.
As I see:
trailing stop 20
stop loss 600
take profit 110
So, the trades can be closed by stop loss moved by trailing stop.
Besides, there is some kind of account protection feature:
SecureProfitProtection = true;
SP45 = "If profit made is bigger than SecureProfit we close the orders";
SecureProfit = 15; // If profit made is bigger than SecureProfit we close the orders
OTP45 = "Number of orders to trigger SP Protection";
OrderstoProtect = 3; // Number of orders to enable the account protection
So, the trades may be closed by secure profit protection feature.
It may be some other exit related to account protection ...
So, that is why - no margin call
By the way - drawdown is not big one (max lot size was not big).
It means - it was good entry in many cases.
By the way - 3 pairs are profitable only: GBPUSD, USDJPY and AUDUSD
other pairs can be used too but it is related to the settings of the EA as I understand.