Opening a trade only when spreads are low enough.
Hi, guys, first ever post. I've been coding with the mql4 language for a few years now :) but my latest EA is worrying me. So far it is showing profit in a demo, but It starts over 200 trades per week!
Clearly slight changes in the spread value will have a massive inpact on the outcome of profit. What are the chances of a live account performing the same way, from your experience trading forex?
Also I've written some code that checks if the spread if under a predetermined variable value before placing the order, but the spread generally changes again by the time the trade actuality opens. Any ideas on how I could make this more efficient?
Appreciate any wisdom or advice you have to offer, thanks.
- I'm new at this
- Correlation Filter
- Can't use custom indicators to make EA?
Trent Wedding :
Hi, guys, first ever post. I've been coding with the mql4 language for a few years now :) but my latest EA is worrying me. So far it is showing profit in a demo, but It starts over 200 trades per week!
Hi, guys, first ever post. I've been coding with the mql4 language for a few years now :) but my latest EA is worrying me. So far it is showing profit in a demo, but It starts over 200 trades per week!
Clearly slight changes in the spread value will have a massive inpact on the outcome of profit. What are the chances of a live account performing the same way, from your experience trading forex?
Also I've written some code that checks if the spread if under a predetermined variable value before placing the order, but the spread generally changes again by the time the trade actuality opens. Any ideas on how I could make this more efficient?
Appreciate any wisdom or advice you have to offer, thanks.
Rewrite your Expert Advisor in MQL5 - then you can test it in the mode "Every tick based on real data" - this is the most accurate testing mode, which is identical to the full historical data.
Vladimir Karputov:
Thanks for the repley. After years of testing my EAs in the back tester, only to have them fail on a demo I have litte faith left in any back testing.Rewrite your Expert Advisor in MQL5 - then you can test it in the mode "Every tick based on real data" - this is the most accurate testing mode, which is identical to the full historical data.
Still, it's worth doing. Thanks for the advice :)
