EA based on Price action only - page 13

 

Hi Fxngold, Codez

Hi Fxngold and Codez,

I have many good and reliable Trend indicators which are better than I_trend.

So, please email me at james_phuc28@yahoo.com and tell me which type of Trend indicators that you will need to make this ea's performance much better with higher profits, and lower drawdown, as well as increasing winning trades.

I have collected many good trend indicators. The only problem is that I have no knowledge of Coding and programming. So, I can not do anything.

Waiting for your reply.

James

 
regme:
- Thanks Bongo for Indicator. I used it on while manualy trading.

- Thanks c0deZ for EA. Your results are impresive. My Backtest are not good on FXCM MT4, but I will test EA live when Market open.

Pls provide SET file.

I have two suggestion to improve this EA.

1- I think December is thin month. Price action changes rapidly. If someone add one timer( 2 to 5 Min) in this EA for EXIT, incase our trade goes in loss.

2- Also I think if we add MA cross to exit trade( like 5 and 8 EMA/SMA). It will be helpful while scalping on 1 and 5 Min TF.

What do you think.?

December is worst month for trading.

Many traders are loosing money and in last month want to be in profit.

You don't know what u can expect.

 

Trade Record of Price Action Multitrade EA.

Bongo:
December is worst month for trading.

Many traders are loosing money and in last month want to be in profit.

You don't know what u can expect.

Absolutely, I like to leave part of profit for others, but don't like to loose my money. Which I cannot afford, Uni ask for 40k for Admission in Game Development.

Attached are my Trades for 06Dec2010 by this Price Action Multitrade EA.

Many profitable Trades, some losses has wiped out the accumulated profit.

(Oval shape trades are losses, Square shape trades are manualy closed trades.)

Guys, what do you think, how we can make this EA more secure?.

I think we need Pivot Point and S/R Filter to make this EA more secure.

Welcome any comments.

 
regme:
Absolutely, I like to leave part of profit for others, but don't like to loose my money. Which I cannot afford, Uni ask for 40k for Admission in Game Development.

Attached are my Trades for 06Dec2010 by this Price Action Multitrade EA.

Many profitable Trades, some losses has wiped out the accumulated profit.

(Oval shape trades are losses, Square shape trades are manualy closed trades.)

Guys, what do you think, how we can make this EA more secure?.

I think we need Pivot Point and S/R Filter to make this EA more secure.

Welcome any comments.

I may be wrong but it looks to me that there is something wrong with the coding of the stop loss.

If you'll look at the report you'll see that sell order #6 stopped out and closed at 1.4918 but the trades never went that far for it to stop out at that point.

I had my stop at 500 pips for testing.

 
jamesphuc72:
Hi Fxngold and Codez, I have many good and reliable Trend indicators which are better than I_trend.

What do u have?

Just post a list on here so other people can see

- Mike

 

k, so I this ea started performing the same as the back test, really bad

I've removed it from forward test.

I noticed that when doing the backtest on 4H, it results are very good for the past 3 months

 

i think price action ea 2 not work good with non ECN broker..

is anyone running this on live account....

result from 2010.07.01 to 2010.12.03..

Files:
 

What TF is the best? M1?

And about pairs - it doesn't matter (so every low-spread pair is usable)?

 
daffi:
What TF is the best? M1? And about pairs - it doesn't matter (so every low-spread pair is usable)?

For Price Action is the best 1M TF.

 
Bongo:
For Price Action is the best 1M TF.

Thank you. And about the pairs?

Reason: