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Wim Schrynemakers  

SETUP MT5

Run on EURUSD H1, and set your lotsize Settings or load one of the set files

Wim Schrynemakers  
Rafal Krzysztof Manuszewski #:
Hi, would you start a live signal?

yes, it will come

charlesm-b  
Perfect thanks Wim backtests all ran performance as expected ⬆️ exciting times ahead :) 
One of the truly honest sellers here 
Dougal  
In Wim we trust.
Josh Jay  
How frequently does this EA trade?
Josh Jay  
Can you also upload videos of back test or videos of the EA trading?
Wim Schrynemakers  
Josh Jay #:
How frequently does this EA trade?

It will trade a lot.  on average around 5-8 trades per day

Wim Schrynemakers  
Josh Jay #:
Can you also upload videos of back test or videos of the EA trading?

I would highly recommend learning how to do backtests (for any EA).

It's important also for evaluating the live performance (by comparing to the backtests).

on MT5 it is very simply to get good quality backtests.  Simply run the EA on EURUSD H1 in the backtester, with the same settings that you want to use live.  Make sure you adjust the names of the symbols in the parameters!

Quang Trung Luu  
Wim Schrynemakers #:

I would highly recommend learning how to do backtests (for any EA).

It's important also for evaluating the live performance (by comparing to the backtests).

on MT5 it is very simply to get good quality backtests.  Simply run the EA on EURUSD H1 in the backtester, with the same settings that you want to use live.  Make sure you adjust the names of the symbols in the parameters!


What kind of modeling we should use for backtesting? 1 min OLH or Real Ticks?
Josh Jay  
Wim Schrynemakers #:
  Simply run the EA on EUR

My broker does not provide data for for indicies US30, SPX500 AND NAS100

Wim Schrynemakers  
Balivy #:
What kind of modeling we should use for backtesting? 1 min OLH or Real Ticks?

best is Real Ticks

Wim Schrynemakers  
Josh Jay #:

My broker does not provide data for for indicies US30, SPX500 AND NAS100

they might use different names for indices, like

US30 -> WS30

SPX500 -> US500, SP500, 

NAS100 -> USTEC, USTECH, NDX

Vasil Kirilov  
Daily max draw down for the prop firm is it in % or in amount?
Wim Schrynemakers  
Vasil Kirilov #:
Daily max draw down for the prop firm is it in % or in amount?

%

farishblades  
For the last 2 days, it seems that all trades are ending as a loss? In fact, the EA opens the trades just as it goes the other way.. What gives?
Wim Schrynemakers  
farishblades #:
For the last 2 days, it seems that all trades are ending as a loss? In fact, the EA opens the trades just as it goes the other way.. What gives?

I'm pretty sure you didn't buy an EA to trade for 2 days? ;-)


It's a longterm strategy, and I can already guarantee that not every week will be profitable.  This is also shown in the backtests.  Also not every month will be profitable.

So looking at 2 days of trades (I think 5 trades in total), is really waaaaaaaaaaayyy too short to make any evaluation.

Let it run a few weeks, then evaluate.

If you don't want to risk money, run on demo.


the strategy, as explained on the product page, is "breakout of support and resistance" levels.  So the EA does exactly that, and not the opposite :-)

farishblades  
Wim Schrynemakers #:

I'm pretty sure you didn't buy an EA to trade for 2 days? ;-)


It's a longterm strategy, and I can already guarantee that not every week will be profitable.  This is also shown in the backtests.  Also not every month will be profitable.

So looking at 2 days of trades (I think 5 trades in total), is really waaaaaaaaaaayyy too short to make any evaluation.

Let it run a few weeks, then evaluate.

If you don't want to risk money, run on demo.


the strategy, as explained on the product page, is "breakout of support and resistance" levels.  So the EA does exactly that, and not the opposite :-)

Yeah, not giving up on it. Just highlighting the progress so far. Will leave it running and monitor! Fingers crossed that there are more positives than negatives in the long term.
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