Experts: Smart AC Trader

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Automated-Trading
156795
Automated-Trading  

Smart AC Trader:

The "Smart AC Trader" EA trades with 2 moving averages , If we lose a trade then the EA will take a new trade with the opposite conditions

Smart AC Trader

Author: Aharon Tzadik

Phillip Khunwana
34
Phillip Khunwana  
Hello.
I want to ask what is the best Currency to place for the robot.
However I tried it on live acc and I tested on 10$. I used GU GJ EU AU and it started well but started dropping to losses. However I think it's because I used many pairs on small acc.

So right now I'm left with $7 on a Leverage of 1:500 pepperstone standard acc and I left GU on the EA M15 chart but it's not taking trades anymore.

What seems to be the issues?

Again some settings you mention here are not the same on the EA inputs 
Phillip Khunwana
34
Phillip Khunwana  
Automated-Trading:

Smart AC Trader:

Author: Aharon Tzadik

What are the settings or inputs you used to get that consistent progress you displayed for the EA?
Aharon Tzadik
36092
Aharon Tzadik  
Phillip Khunwana:

Hello

You should read the headline on "Code Base" page : "It is recommended to test and optimize Expert Advisors in the Strategy tester"

That means that you should run back test and use tested data and not random data,

Here is how to perform back test:https://bit.ly/2CD7XWD

If you are working with live account and did not check the EA for few months on demo account and did not perform back test stop the trading immediately !

Because there is a high probability that you will lose all your money !

Where did you get the idea of working with live account and not testing any thing ?

This kind of behavior is unbearable!

Why do you ask me about pairs without the will to check anything? - you have 2 moving averages they work with all pairs !

Do you want me also to give you the money ?

Why do you think that you will get rich out of thin air without working and at least checking the reaction of the EA to variable prices / stop values ?

With this kind of EA you should set the lowest value possible on "LOTSIZE" parameter and run for long time with back testing and uploading new data, if you are lazy and don't want to perform back test every day you can also do it twice a week or so, and not wipe your account with 1-2 trades this is not a lottery,for example with 1000 $ USD you should set "LOTSIZE=0.001".

If you don't have money try to work with micro account, your trade should  be less then 5% (maximum)  from your total margin it is better to trade with 1% from your total margin.

Because you are new to trading you need to learn about how to perform back testing and what values you should use in EAs and not expect to get rich with throwing an EA on the chart and let it run for one or two trades.

Also your broker stopped you because you don't have enough money.

You should not blame anybody but yourself, you should check every EA , not only this EA for several months on demo account before you even think about working with live account.

What you did is  gambling the worse way possible and not trading with educated risk.

Shuhua Shen
1506
Shuhua Shen  
Any best .set file?
Keith Watford
Moderator
24756
Keith Watford  
Shuhua Shen:
Any best .set file?

Did you not read the post before yours?

izazuhdie
5
izazuhdie  
is it compatible with mt5? so all i need to do is to chnage the file extention to .mq5?
Aharon Tzadik
36092
Aharon Tzadik  
izazuhdie:
is it compatible with mt5? so all i need to do is to chnage the file extention to .mq5?

Hello

No, this EA is only for MT4.

Vadivelan Ranganathan
90
Vadivelan Ranganathan  

Hi Aharon,

I tried to use this EA, however it is not giving me any signal for Buy or Sell. Previous EA was quite good but this EA seems not working.

If I use different Time Frame charts then the no of Trades will vary or not?

For Ex I use the I hour Chart with this EA no signal picked for almost 2 hours, then I changed the Time frame to M5 then 1 order is picked.

Thanks in Advance

Aharon Tzadik
36092
Aharon Tzadik  
Vadivelan Ranganathan:

The EA works fine , it works with the price of an open candle, if you use the EA with daily chart you will have a trade once a day , if you use the 5 MIN chart you will have a trade every 5 minutes, and so on...

Also make sure you didn't change any thing in the code , if so download the code again.

Your broker may or may not allow trading at any given time,

If you see that you don't have trades for long time try to restart/change platform or broker.

Try also  to check internet connection , or computer performance. 

Desmond Wright
3228
Desmond Wright  
2019.11.17 08:54:48.401 EURUSD,M1: 31915 tick events (660 bars, 17412676 bar states) processed in 0:00:01.172 (total time 0:00:01.312)
2019.11.17 08:54:48.396 2019.01.02 11:00:00  Tester: order #22 is closed
2019.11.17 08:54:48.396 2019.01.02 11:00:00  Testing pass stopped due to a critical error in the EA
2019.11.17 08:54:48.390 2019.01.02 11:00:00  Smart AC Trader EURUSD,M1: zero divide in 'Smart AC Trader.mq4' (689,46)
2019.11.17 08:54:48.390 2019.01.02 11:00:00  Smart AC Trader EURUSD,M1: profit-0.52
2019.11.17 08:54:48.390 2019.01.02 11:00:00  Smart AC Trader EURUSD,M1: STRATEGYfalse
2019.11.17 08:54:48.390 2019.01.02 11:00:00  Smart AC Trader EURUSD,M1: Alert: we just got a buy signal on the 1MEURUSD
2019.11.17 08:54:48.390 2019.01.02 11:00:00  Smart AC Trader EURUSD,M1: BUY order opened : 1.14482

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