Download MetaTrader 5

Experts: DoubleUp with a twist

To add comments, please log in or register
Do you have a trading signal? Publish it in your blog as well!
MetaQuotes Software Corp.
Moderator
181082
MetaQuotes Software Corp. 2008.02.17 10:24 

DoubleUp with a twist:

Amazing results. A simple EA Same as doubleUp with an improved lot calculation , less loss ratio, and a simpler double down

Author: Hazem

MQL4 Comments
16319
MQL4 Comments 2008.02.17 14:39  
Why do you multiply iMACD by 1000000?
Hazem
35
Hazem 2008.02.17 23:07  
marcb:
Why do you multiply iMACD by 1000000?

marcb:

 because MACD displays its results in decimals such as this: 0.00022, to link the MACD this to CCI i multiply it by 1000000 so that way it will be 220 instead, which is more like how cci moves.
Hope that helps

Hazem

eduardo fiuza
228
eduardo fiuza 2008.02.18 15:12  
What are the results at M5?  What about others pairs?

Thanks
Hazem
35
Hazem 2008.02.18 21:15  
edfiuza:
What are the results at M5?  What about others pairs?

Thanks


edfiuz:

I am not sure what it would be for other currency but all the tests I did where for 1 min EURUSD. as far as other time frames it will probably loss since its calculates based on the 1 min, if you want to make it work for other time frames you might want to edit the program a bit and find the best suitable CCI and MACD values.

Hope this helps

Hazem Lotfy

MQL4 Comments
16319
MQL4 Comments 2009.11.14 00:54  
Your EA works great. I am using your program at fxsolutons which uses a 4digit platform, getting great results with your EA.
Also using at Alpari on 5digit platform with ok results. what changes need to be made for a 5 digit platform?
Thanks,
Dahlonega337
MQL4 Comments
16319
MQL4 Comments 2010.03.16 18:53  

Good Work, i have got some decent results.

could you pls add SL and TP in the code, or is it already added, as i am unable to see from the code.

MQL4 Comments
16319
MQL4 Comments 2010.03.17 12:45  

I see that you have kept 230 as the "Buy LEvel".

Can we add an extern function into it, so that we may optimise this parameter, alongside other values.

That way we can optimize the EA for other Time frame and CCY pairs.

Pls advice

MQL4 Comments
16319
MQL4 Comments 2010.08.17 09:29  

Hi Hazem,

I've been reading your code and like how your are using the combined conditions of CCI and MACD. the only thing i don't quite understand is how you allocate the lots. you seem to be using a dynamic systems where when the previous trade was a win the lot is exponentially increased. What exactly is the role of the variable "pos". if you could elucidate this I would greatly appreciate it as I need to change the code a bit, right now i'm hit with a 131 error,

Much Thanks - Saeid

jgray110
33
jgray110 2010.11.23 08:57  
No stop loss? Are you a broker? I am never going to open risk trade this unregulated market without a stop loss.
MQL4 Comments
16319
MQL4 Comments 2011.02.19 11:15  

Hi,

Tried this thing and really works:) weel, I had to close few deal my self, since the market really went wrong way during news...

Please answer me- why it would NOT work on live account? What about well known "Re-qoutes" on live account? Does it cope with that?

AND- definitely needs hidden S/L, or percentage of ris k... or is it possible, just cant see how?

AND- first lot is 0.1, than 0.4, 1.6 and so on, can I make step 0.1,0.2,0.3 or 0.1, 0.2, 0.4...? and max 1Lot?

Thank you!

12
To add comments, please log in or register