Alpha9 EA *** Released to TSD Elite Members *** - page 30

[Sergey Golubev]

Few more trades were closed (in profit):

[Sergey Golubev]

More trades were closed with Alpha:

As to Electra EA https://www.mql5.com/en/forum/178196 so the balance/equity is almost the same one so I will not post updated performance on this thread https://www.mql5.com/en/forum/178196 because I am waiting about how this settings 'EquityTrailing = true with 2%' will work for Electra.

Everything is fine with this case 'EquityTrailing = true with 2%' with Alpha as this EquityTrailing was setted from the beginning.

[Sergey Golubev]

Just to remind.

Do you see some graph (visual) statements I am posting in this elite section? Some graph/chart with blue equity line and yellow balance line and with ROI and drawdown?

I am using indicator from this elite section thread https://www.mql5.com/en/forum/173442 (post #25).

[leialex]

Questions to ask

Hi all,

I am new to this forum and MT4 in general, it's nice to see such a helpful environment here.

I would like to ask a few questions,

1) I may not have follow/interpret the EA correctly, so please clarify. In the Multiframe section of the EA, the following is defining the Trend valuables, for example when H4 is chosen (is true),

if (UseH4Trend && !UseMNTrend && !UseW1Trend && !UseD1Trend)

{

Trend1=H4_Trend;

Trend2=H4_Trend;

Trend3=H4_Trend;

Trend4=H4_Trend;

Trend5=H1_Trend;

Trend6=M30_Trend;

Trend7=M15_Trend;

Trend8=M5_Trend;

then Trend3 is defined to be equal to Tread1. If it is the case, does it mean the following 'Trend1!=Trend3' condition can never be true by definition.

if(UseH4Trend)

{

if (UseMomentumDeviation) {if (Trend1==Trend2 && Trend1!=Trend3&& Deviation(MATF)==Trend1) { Trend=Trend1; TFTrg="H4";break;}}

2) If I were to enable the PSAR trailing stop, in the image shown below, the default PSAR can be above the an up trend signal, in this case, how can the PSAR be a stop, as it is above the entry price. Does it mean the EA will ignore the PSAR for the purpose and stick with the MA stop, until the PSAR goes under the candle?

3) In term of the MM risk factor, does it somewhat mean 2% of the account equity? If not, how should one interpert this factor?

Thanks.

[azmel]

My forward-test result

I have been testing this EA since 3rd April on an 1:200 leveraged IBFX mini account with a $1000 start capital. I have switched off MM and trade 0.01 lots.

Profit now 5.6% after 2 weeks running.

Regards,

Azmel.

[Ovidiu Marius]

Dunno what to say, I started testing with 1300$ and after 5 days of testing gloriously hit the equity stop loss....

90% of trades look like was open exactly in worst moment possible...

[Ovidiu Marius]

Look at the pic.

What do you think, is this best way to enter a trade??

No wonder it hit equity stop...

[Sergey Golubev]

'EquityTrailing = true with 2%

AccountEquityPercentProtection

Read from this page https://www.mql5.com/en/forum/178132

As to GBPUSD so I do not see the problems with it now.

It is closed trade this week:

It is open trade this week:

[Sergey Golubev]

But if you open excel performance file for Alpha so you will see the following:

So few weeks ago it was big loss in pips for GBPUSD.

[Sergey Golubev]

newdigital:
'EquityTrailing = true with 2%

AccountEquityPercentProtection

Read from this page https://www.mql5.com/en/forum/178132 ...

So, it is fully depends on when you start, I mean when attach EA to the chrt to start trading.

If after AccountEquityPercentProtection (all the trades closed in loss 2% to protect balance) so that's fine. If after EquityTrailing (all the trades closed in profit 2%) si that's fine as well: EA will open first trade in my Metatrader and in your Metatrader and we can compare the broker's datafeed, real/demo and so on.

An other valiarions to start with Alpha may be difficult.

AccountEquityPercentProtection was one time and EquityTrailing was 1 or 2 times already.