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Experts: SwingCyborg - page 2

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FMIC:
laplacianlab:
FMIC:
laplacianlab:
FMIC:

One cannot predict a future trend with any certainty, so this EA has no value if one has stipulate the direction and dates before a supposed trend will occur.

So why are you so critical of this robot? I think it's just a question of approach.

Any trader that is able to predict a trend, simply has to place a normal manual order on MetaTrader and has no need for anything else because basically that is all your EA does, nothing more.

  • It uses a fixed stoploss and takeprofit – so does a manual order on MetaTrader.
  • It checks RSI before placing an Order - so can the trader do the same before placing the trade.
  • It places continuous orders during that time period - so can the trader using a trailing stop = stoploss (which is even better as you only pay spread once).
  • Defines start and stop date times of order, so can a trader.
From the perspective of risk management along with some other theoretical aspects, I think it's not the same opening one single position than opening and closing a different number of positions. For example, what about taking profits and closing losses?

This is just a sample MQL4 build 600 EA. Why don't you add an extra param named "stop mode", or so, in order for the robot to stop trading when reaching a given level of profits/losses. Note that it is simulating MT5 positioning system.

The precondition is that you human can predict trends somehow. That's the cyborg approach. The goal is to free you from being glued to your PC screen.

I just think it irresponsible for you to "advertise" your EA as one thing when in reality it is something else completely, making it very difficult for newcomers to use it properly and learn from it.

I do not agree with you in many aspects but we both seem to be butting heads and getting nowhere, so lets just agree to disagree and leave it at that.

Maybe there is a problem of concept. I don't understand what you say.

Let's suppose there are traders who can anticipate medium and long trends (in fact, we have seen before that's possible somehow). Could you please explain why one single position would be equivalent to n positions (let's say 10 positions, for example), as you said before?
[Deleted]
FMIC:
laplacianlab:
FMIC:
laplacianlab:
FMIC:

One cannot predict a future trend with any certainty, so this EA has no value if one has stipulate the direction and dates before a supposed trend will occur.

So why are you so critical of this robot? I think it's just a question of approach.

Any trader that is able to predict a trend, simply has to place a normal manual order on MetaTrader and has no need for anything else because basically that is all your EA does, nothing more.

  • It uses a fixed stoploss and takeprofit – so does a manual order on MetaTrader.
  • It checks RSI before placing an Order - so can the trader do the same before placing the trade.
  • It places continuous orders during that time period - so can the trader using a trailing stop = stoploss (which is even better as you only pay spread once).
  • Defines start and stop date times of order, so can a trader.
From the perspective of risk management along with some other theoretical aspects, I think it's not the same opening one single position than opening and closing a different number of positions. For example, what about taking profits and closing losses?

This is just a sample MQL4 build 600 EA. Why don't you add an extra param named "stop mode", or so, in order for the robot to stop trading when reaching a given level of profits/losses. Note that it is simulating MT5 positioning system.

The precondition is that you human can predict trends somehow. That's the cyborg approach. The goal is to free you from being glued to your PC screen.

I just think it irresponsible for you to "advertise" your EA as one thing when in reality it is something else completely, making it very difficult for newcomers to use it properly and learn from it.

I do not agree with you in many aspects but we both seem to be butting heads and getting nowhere, so lets just agree to disagree and leave it at that.

Maybe there is a problem of concept. I don't understand what you say.

Let's suppose there are traders who can anticipate medium and long trends (in fact, we have seen before that's possible somehow). Could you please explain why one single position would be equivalent to n positions (let's say 10 positions, for example), as you said before?

I am an amateur coder and I am trying to make a good EA that is easy to use. I have created an EA that is very adjustable and easy to use. If you wish to dl it the links are

https://www.dropbox.com/s/qm3ic169a28ji2o/Universal%20EA.ex4 and

https://www.dropbox.com/s/ccenu6btrod1330/Universal%20EA.mq4

Also I made some youtube tutorials on how to use them here

https://www.youtube.com/watch?v=ZKRzSfHMjpQ

Good luck and happy trading!

I am an amateur coder and I am trying to make a good EA that is easy to use. I have created an EA that is very adjustable and easy to use. If you wish to dl it the links are

https://www.dropbox.com/s/qm3ic169a28ji2o/Universal%20EA.ex4 and

https://www.dropbox.com/s/ccenu6btrod1330/Universal%20EA.mq4

Also I made some youtube tutorials on how to use them here

https://www.youtube.com/watch?v=ZKRzSfHMjpQ

Good luck and happy trading!
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