This is nice experiment. However take a look:
Starting ballance 50k,
ea net profit : 5k.
It is 10% after half year of trading. Now imagine that you wish to have more cash - so ok, you incerase lot size by 10 so you trade 1 lot. And it tuns out that 50k is not enough... take a look on the screenshot. This ea uses part of logic of 10.3 ea and Frank EA tested by newdigital.
This is nice experiment. However take a look:
Starting ballance 50k,
ea net profit : 5k.
It is 10% after half year of trading. Now imagine that you wish to have more cash - so ok, you incerase lot size by 10 so you trade 1 lot. And it tuns out that 50k is not enough... take a look on the screenshot. This ea uses part of logic of 10.3 ea and Frank EA tested by newdigital.OK
try to set start balance on 10000
you will get the same profit
this is the a new result
don't use 1 Lot
always use 0.1 Lot
thanks
thanks a lot Waddah , you always have bright ideas
I will test it for sure
Hey! I just wanted to say that earning 0.83% montly is a poor result, and any time you try to incerase lot, decerase step (close faster) or something, risk incerases, and we are just waiting for some nice move that cleans the account perfectly. This ea is price action ea so in my opinion you should also test it on M1 instead of any other timeframe. This ea will work the same in backtest and in real trading. So by backtest you can see how good it is cleaning accounts.
thanks a lot Waddah , you always have bright ideas I will test it for sure
Hello MiniMe
I'll wait you
Hey! I just wanted to say that earning 0.83% montly is a poor result, and any time you try to incerase lot, decerase step (close faster) or something, risk incerases, and we are just waiting for some nice move that cleans the account perfectly. This ea is price action ea so in my opinion you should also test it on M1 instead of any other timeframe. This ea will work the same in backtest and in real trading. So by backtest you can see how good it is cleaning accounts.
when you start with 10000
after six month your profit is 5000 == 50%
mean 8.33 % per month
pls test it on M1 for six month and replay the result
:: Did a optimization test (from 2008/1/1), step 20 steps, TP 20 steps for EURUSD:: total tests 156, 96 failed (total loss)
:: much better currency pair to do something with it, same settings like previous.:: total tests 156, 29 failed (total loss)
:: definitely a better way to fine tune it... look at the report , off course only 6 months of tests, be aware!
:: There are many OrderDelete() problems...
:: much better currency pair to do something with it, same settings like previous.:: total tests 156, 29 failed (total loss)
:: definitely a better way to fine tune it... look at the report , off course only 6 months of tests, be aware!
Thanks for running the optimization , the DD is bit too much , maybe a smaller TP would solve this porblem !!
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Hi,
this is my last and new expert
Sell when Up
Buy when Down
very simple
good luck