if (Ask 0 && CFB < CFB1) result = mode;
if (Bid > UpBand[snum] + spread && UpBand[snum] > 0 && CFB < CFB1) result = -mode;
It was explained here
I installed FXCM Metatrader and attached this fixed 1.59 (so called "1.59 original").
This fixed version with Mladen's settings is working really good: 40 dollars for 2 days with max floating drawdown on open trades = 82 dollars; min lot size =0.01 and max lot size = 0.18; max simultanious active trades = 7; annual ROI is 947% with started 1,000 initial deposit; lagest profitable trade = 16 dollars; lagest lossing trade = -1.8 dollars; 75% of all trades were closed in profit.
EURUSD, GBPUSD, USDJPY, USDCHF, EURCHF, GBPJPY and GBPCHF.
EA with the settings is on this post:
(please note - it is non-hedge settings for ECN broker; if your broker/account is not ECN/stp and allowing hedge so change respective parameter in the EA's input).
Use the settings from this post https://www.mql5.com/en/forum/179781/page10 for 1.59 (new version).
Because last 2 days were very good for me with very low drawdown.
I will post the statements during the weekend as usually.
How do you set max lot size?
I did not set.
Max lot size is selected by MaxOrders and MGLotMultiplier.
In my settings - MaxOrders = 25, stop loss = 45, min profit is 1 pip (as I understand - it is some kind of breakeven), and ProfitRatio = 0.5; (For Profit Close: Distance from Up/Dn Bands in portions of width ex.0.5 is in the middle.
If we set to 8 or 10 so max lot size will be limited.
I agree - max lot size value can be big in case of MaxOrders = 25. But the settings is very complicated (as I see - stop loss is not placed ... may be - it is hidden?).
Anyway - will see.
To not make the same test as you, I am trying with a very small demo account (5000 but with min lot size of 0.1). This way we should have an indication about the minimal account size to run the EA.
This should be extremely risky with a martingale configuration, but let's see. The first trades went very good.
Yes, agree: 5,000 initial deposit for 0.1 min lot size is extremely risky.
It reached the margin call limit. I am trying now with 25000.
Hi everybody !!
Long time no see everybody.
Poly 1.59 new setting, very interesting.
I have been trading 3 months with live account with my own settings.
I have no problem so far.
I can see Poly has good potential.
I know I can improve my setting make it better.However I don't have any more PC to test and compare . So I am looking forward to seeing results.