Default Ilan-TrioKS v1.45 - /English Version/ - The new SUPER Expert Advisor - page 3

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Jox90
1077
Jox90  
Every backtest in MT4 even 99.9% is like fugazi...You must test an EA in MT5 with real tick to know if it really works.
TraderFX Bandung
18
TraderFX Bandung  

I have traded with it for 3 months years ago with the Result in Profit about $3,000 ... I used $10,000 for First Lot = 0.01 and being operated only on SideWay market ... :)

Sergey Golubev
Moderator
109906
Sergey Golubev  

This is very interesting scalping EA: Angry Bird (Scalping) - expert for MetaTrader 4

Some people say that this EA looks like 'modified Ilan1.6' in trading but with more secure features concerning deposit and so on and having the following:

  • MaxTrades parameter (how many simultanious trades can be opened), 
  • LotExponent: this is lot multiplier for martingale (I prefer 1.4 instead of default 2.0 for example),
  • TakeProfit in points (in case of 5 digit price which as 1.09635 so TakeProfit = 20 is 2 pips),
  • UseEquityStop parameter to stop trading with TotalEquityRisk (TotalEquityRisk = 20 by default),
  • UseTimeOut: close all the trades after MaxTradeOpenHours (I prefer to use UseTimeOut - I mean: EA will close all the trades after MaxTradeOpenHours = 5 hours).

This is the description from the author:

It is EA with features that are very sensitive to movement is equipped with other features including:

  • Equity stop;
  • Tralling Stop;
  • Equity Risk Management;
  • Time Out Use;
  • Max Trade open Hours and others.

Rule: Use Pair With Minimal spreads, one I use EUR / USD With Time Frame 1 Minute.


This is backtesting for 4 days till now with minimal/minimum risk for deposit:

Files:
Sergey Golubev
Moderator
109906
Sergey Golubev  
Sergey Golubev:

This is very interesting scalping EA: Angry Bird (Scalping) - expert for MetaTrader 4

Some people say that this EA looks like 'modified Ilan1.6' in trading but with more secure features concerning deposit and so on and having the following:

  • MaxTrades parameter (how many simultanious trades can be opened), 
  • LotExponent: this is lot multiplier for martingale (I prefer 1.4 instead of default 2.0 for example),
  • TakeProfit in points (in case of 5 digit price which as 1.09635 so TakeProfit = 20 is 2 pips),
  • UseEquityStop parameter to stop trading with TotalEquityRisk (TotalEquityRisk = 20 by default),
  • UseTimeOut: close all the trades after MaxTradeOpenHours (I prefer to use UseTimeOut - I mean: EA will close all the trades after MaxTradeOpenHours = 5 hours).

This is the description from the author:


This is backtesting for 4 days till now with minimal/minimum risk for deposit:

Forum on trading, automated trading systems and testing trading strategies

Something Interesting

Sergey Golubev, 2016.01.29 15:17

I traded it on demo today for EURUSD M1 timeframe and USDCHF M1 timeframe. I used LotExponent = 1.4; UseEquityStop = true; UseTimeOut = true with MaxTradeOpenHours = 3 (other settings are by default). The statement is attached in zip file.


Do not use this EA during (and immediate before - immediate after) medium/high impacted news events!

The setting (set files) for this EA are proposed on this discussion page

This EA was improved here (free to download) and this version does not use martingale feature (and some rules for buy/sell was changed too).

Besides, some settings (set files) were uploaded for the old/original version:

Just for information.

Files:
Thorsten Rohweder
836
Thorsten Rohweder  
This looks like Martingale - not scalping
Sergey Golubev
Moderator
109906
Sergey Golubev  
Thorsten Rohweder:
This looks like Martingale - not scalping

Some people (incl brokers) understand that the scalping = trading with less than 10 pips in profit/loss (4 digiit pips).

Yes, it is martingale scalping (most popular but most dangerous one).

Thorsten Rohweder
836
Thorsten Rohweder  
Sergey Golubev:

Some people (incl brokers) understand that the scalping = trading with less than 10 pips in profit/loss (4 digiit pips).

Yes, it is martingale scalping (most popular but most dangerous one).

I agree. 

Sergey Golubev
Moderator
109906
Sergey Golubev  

Forum on trading, automated trading systems and testing trading strategies

Experts: Angry Bird (Scalping)

Rafael Mangra, 2018.08.22 16:35

This didn't work in my back testing, couldn't find the right settings. If anyone has some settings that are successful please share. 


I've cleaned up the code a little bit so that it compiles better. 


james-smith
132
james-smith  
Jox90:
Every backtest in MT4 even 99.9% is like fugazi...You must test an EA in MT5 with real tick to know if it really works.

who said to you mt5 have real tick data in back test?

Sergey Golubev
Moderator
109906
Sergey Golubev  
james-smith:

who said to you mt5 have real tick data in back test?

Testing trading strategies on real ticks and the explanation is on this post.

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