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worldofhunger  
Very interesting concept, hope it works and be profitable, should I use the default setting? thank you.
worldofhunger  
Current version is 1.3 correct?  if yes, why when I download and attach to a chart it says 1.03 for current version?
Scott Adam Meldrum  
worldofhunger #:
Current version is 1.3 correct?  if yes, why when I download and attach to a chart it says 1.03 for current version?

I updated it for you with gold settings H1, 1 year, on tick


I added two aqua lines where the grab profit and max DD are so you can watch it trade / understand it better, also I removed/hid some settings as they are very fickle and best left alone.


watch it live and you will get more of an idea.


These settings should work and earn profit for M30 H1 H2 and a few more without touching them at all.


The bias might need tweaked on certain symbols


The SL profit grab max DD etc will 100% need optimized on other Symbols. 


If you drop this EA as is and touch nothing on most standard pairs you will see it profits on quite a few without optimizing anything.

PS: Works well on silver also with these standard settings 

worldofhunger  
Scott Adam Meldrum #:

I updated it for you with gold settings H1, 1 year, on tick


I added two aqua lines where the grab profit and max DD are so you can watch it trade / understand it better, also I removed/hid some settings as they are very fickle and best left alone.


watch it live and you will get more of an idea.


These settings should work and earn profit for M30 H1 H2 and a few more without touching them at all.


The bias might need tweaked on certain symbols


The SL profit grab max DD etc will 100% need optimized on other Symbols. 


If you drop this EA as is and touch nothing on most standard pairs you will see it profits on quite a few without optimizing anything.

PS: Works well on silver also with these standard settings 


Fantastic, thanks very much, I find the current settings works well on H2, I try to understand the logic but I find if you give the EA time to learn, it knows how to trade, very intelligent indeed, although sometimes it hits SL but it will recover later if you dont touch the trades while in profit. I find sometimes when I close trades on profit then on my other demo tests the  EA close them later at least 2 times more, it is trading like a pro, cuts losses short and let the profit run...

Mario Scondo  
The indicator seems to work in uptrending markets only. Is there a chance to tune the  settings to work in downtrending market, too?
worldofhunger  
Mario Scondo #:
The indicator seems to work in uptrending markets only. Is there a chance to tune the  settings to work in downtrending market, too?

I find the newest version is actually worse than the first version, constantly losing, the problem with this kind of EAs is that in trending market they dont adjust quick enough to avoid loses, by the time they adjust, you already hit so many SLs hence make it useless.. this is really evident in back test..

Scott Adam Meldrum  
worldofhunger #:

I find the newest version is actually worse than the first version, constantly losing, the problem with this kind of EAs is that in trending market they dont adjust quick enough to avoid loses, by the time they adjust, you already hit so many SLs hence make it useless.. this is really evident in back test..

What are you trading ?  I will send you settings if you tell me the symbol, time. If the sl is constantly getting hit your sl and tp are set too low. 
Scott Adam Meldrum  
Mario Scondo #:
The indicator seems to work in uptrending markets only. Is there a chance to tune the  settings to work in downtrending market, too?
Are you updated to latest version? There was a bias set that was sometimes locking it onto the uptrend. I removed it completely, It’s 100% trading equally in both directions now. 
ronh_pm  
Thanks for the interesting EA.

I use small accounts so grids are always a little nerve-wracking to watch but the close all trades option helps minimize the damage. I have back tested on 2H for the year to date and am only seeing long trades; It has been an uptrend gold market for sure but I was just curious, does that sound correct? Last thing would be, any hints for minimizing BDR for small accounts?

Thanks again and cheers on the well written EA. 
ronh_pm  
ronh_pm #:
Thanks for the interesting EA.

I use small accounts so grids are always a little nerve-wracking to watch but the close all trades option helps minimize the damage. I have back tested on 2H for the year to date and am only seeing long trades; It has been an uptrend gold market for sure but I was just curious, does that sound correct? Last thing would be, any hints for minimizing BDR for small accounts?

Thanks again and cheers on the well written EA. 
Disregard comment on long trades, I see you answered it already.
MAS-Trading  
@Scott Adam Meldrum, thought I'd check you expert advisor out and found a couple of issues so far.

1) it keeps adding moving averages to the chart, when you looking at the chart you do not notice it until your chart starts to lag and or choke, I couldn't understand why this was happening until I went to check the indicators list and found that it had added numerous moving averages to my chart.

2) I am unsure if the trailing stop is working, so far I have not seen it active even though i have changed the StopLoss settings to make it shorter.

Anyway, I'll keep playing with it to see hoe it performs.

Thanks in advance.
MAS-Trading   
MAS-Trading  
@Scott Adam Meldrum, I think the Trailing stop is working, I'll keep an eye on it. But the first issues is still happening.
Khadija12  
I tested, it is not closing trades when 1% loss or in profit, 

And can there be option like long only or short only trades? 
I will really appreciate this feature.
Michael Charles Schefe  
Scott Adam Meldrum #:

what are best settings for gold? feel free to send me a dm.
Sante M.  

Hi, I'm testing your EA and it seems really impressive, but I don't understand a few things. Does it only take profit when the trailing stop is triggered? As you can see from the attached example, the account is now over 50% profitable, but the trailing stop is still potentially in the red if it's triggered. How can I improve this? Thanks.


Solo gli utenti che hanno acquistato o noleggiato il prodotto possono lasciare commenti