The Collective
- Experts
- Christopher Hubert Gainsford
- Versão: 1.4
- Atualizado: 11 abril 2023
- Ativações: 5
Welcome to The Collective AI! Forex / Commodities / Metals / etc AFTER TRAINNING .
The Collective AI is a unique EA that may not be suitable for everyone due to its complexity and setup required
The algorithm behind the EA is designed to adapt to market movements in real-time. This flexibility ensures that the EA can continue to be relevant even as markets change and reverse. Therefore, no set files are provided for the EA. The vast number of settings in the EA allows users to have the freedom of not having the exact SL , TP and even Opening at the same points, unless the standard settings are used thou it has to be stated that even then not all trades among users will be the same ,thousands of users with the same TP and SL makes for a SL and TP hunting zone), which would affect the performance of the EA. By allowing users to have the flexibility to adjust settings as needed, I'm making sure that the EA stays competitive over the long term. So, although it might seem counterintuitive, not providing set files actually ensures that the EA stays relevant and effective in the long run.
To properly utilize The Collective AI, I recommend following these instructions:-
Can Now be trained on time frame of choice (I still only use 1min)
News settings for prohibiting trading according to high /medium /low news settings -
First, run a backtest using one year of tick data or more as long as its 100% (Broker that has 100 % tick data I use is Alpari ) on a 1-minute timeframe. This initial run is considered the training phase, saturating the AI with data points to learn from. Expect poor results during this initial run.
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After the first backtest, run two more backtests (All Symbols) when setting up for a (single Symbol) lot size of 0.1 to 1.0 using a fast genetic-based algorithm .Run in the Strategy tester (Optimization "disabled") with or without visualization :
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Note: this is were some confusion comes in amongst users : " every back test becomes better " YES ! its an AI it will become better and better because every run it adapts ,alters its algorithm , if it were to remain stagnant it would not be an Market adapting AI. (it has been reported by a user that his experience has been best after 6 to 7 runs on backtester after he set up the inputs to His Trading Style and risk management) .
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You can use The Collective AI in one of the following ways:
- Set all your preferences and settings, including the option to allow the AI to change trade direction itself.
- Optimize the EA and set it to a chart using your own set files (recommended).
- For experienced manual traders, during a news event, you can set the EA to news = true, set your take profit and stop loss values, and allow trading during news. Alternatively, you can set the EA to sell only by switching OPENBUYTRADES to false and ReverseTrades to false or vice versa . This will allow the EA to only sell during a drop or buy during a spike .
- Use it to open trades and close them manually .
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Before using The Collective AI on a live account, we recommend testing it thoroughly on a demo account to see how it performs in different market conditions and fine-tune your settings to achieve the best results. Try it out and see if it's the right fit for your needs.
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Please note that past performance is not indicative of future results, and there are no guarantees in trading. It's important to understand the risks and make informed decisions about your trades.
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The Collective AI does not work on MQL5 VPS due to insufficient computational power. We recommend using a VPS with at least 1 Core and 2GB RAM.
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To save time when testing for migration to your VPS, copy the files from this location to the VPS you will be using: C:\Users(YOURUSERNAME)\AppData\Roaming\MetaQuotes\Terminal\Common\Files.
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The Collective AI learns from past trades and market movement on a 1-minute timeframe. It will not give exactly the same trades every time as it learns and applies its knowledge to future trades. Keep in mind that The Collective AI was designed for 1-minute charts, but it does consider other timeframes within its code.
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I look forward to helping / hearing from you on your trading journey Using The Collective Ai !
Hi Christopher,i bought your Ai in sunday trained and optimized system and from today on vps.Had first positive trade today.Please add me to your friends that i can contact you.Thank you