FAQ for HOT Point AUTO EA

FAQ for HOT Point AUTO EA

8 апреля 2016, 09:58
Sergey Rozhnov
1
5 786

FAQ for HOT Point AUTO EA

Results from tester strategy https://www.mql5.com/ru/blogs/post/675548


List of questions:

  1. How to configure EA? Recommended symbols and settings. Number of open orders.
  2. How to test EA in strategy tester? I cant test EA, it not open orders. Results not good.
  3. What means text in the bottom of the graph and lines?
  4. What's new in new version?
  5. What is recommended Deposit? How many pairs to use? What is theoretical Drawdown and Profit?
  6. Can the EA work together on the same account with other EAs?
  7. What is Restart button on the chart?
  8. Do we need use VPS? What type of VPS recommended?
  9. Can I enter a new value in global variable for ExtraRecovery?

 

1. How to configure EA? Recommended symbols and settings.

1)Available pairs EURUSD, USDJPY, EURJPY, USDCHF, GBPUSD, AUDUSD, USDCAD, NZDUSD, EURAUD, AUDJPY, EURAUD, GBPCHF, GBPJPY, CADJPY, AUDCAD, EURGBP, EURCHF, NZDJPY, CHFJPY.

2) You can use default on all pairs. Correct only Risk. Use file Count_Theoretical_Profit_HPA.zip for calculate theoretical profit, drawdown and deposit. The calculations are theoretical. In reality, the results may vary. Positive results in the past do not guarantee profit in the future.

3) Use accounts with the maximum number of open orders = 500 or unlimited. If this is not possible, then adjust the parameter MinLotToStart and Frequency in the range (0.01 - 0.03).

4) Use account wich has spreads less or equal as on table (for 5-digits Spread multiply to 10). Not recommended to use spreads more than in this table.

п/п

Symbol

Max Spread

Comment

1

EURUSD

1.5


2

USDJPY

1.5


3.

EURJPY

1.5


4.

GBPUSD

2.1


5.

USDCHF

2.0


6.

USDCAD

1.9


7.

AUDUSD

1.7


8.

NZDUSD

2.3


9.

AUDJPY

2.0


10.

EURAUD

2.4


11.

GBPCHF

4.0


12.

GBPJPY

2.9


13.

CADJPY

2.4

From 2007

14.

AUDCAD

2.6

From 2007

15.

EURGBP

1.8


16.

EURCHF

2.1


17.

NZDJPY

3.0

From 2007

18.

CHFJPY

2.4


 

5) Use account wich has 1:500 leverage

6) Use account wich has 0.01 minimal lot

7) Use Balance equal or more than parameter Risk.

2. How to test EA in strategy tester? I cant test EA, it not open orders. Results not good.

1) To choose every tick or control points for a quick test.

2) Set in "Spread" of strategy tester - Spread of symbol not more than in table of spreads (at the 1 question). 

3) Set M15 period. 

4) Choose available pair (look at the 1 question) 

5) Check leverage of test account. Should be 1:500.

6) Check test Balance. It should be more or equal than Risk.

7) Use default settings. If they not default - Click Reset button in input parameters.

8) Set in Input parameters of EA:

- In ManualGMTOffset - Set current GMT offset of broker.

- In SummerTime - Set this parameter to true, if it is Daylight Saving Time now, and to false, if it is not  

3. What means text in the bottom of the graph and lines?

1) "Need To Recover" - information of how much needs to be recovered in the deposit currency (after a reversal or closure).

2) "Relative Lots In Memory" - information of closed lots that will be opened in future at the bottom of the chart in relative value.

3) There are lines wich show trading channel. Green lines represent the beginning of the forced closure threshold for the positions of virtual strategies, the pink line represents the end of the channel.

4.  What's new in new version?

1) Look at "What's new" tab of EA page.

5. What is recommended Deposit? How many pairs to use? What is theoretical Drawdown and Profit?

1) Recomended deposit more than parameter Risk (if minimal lot of broker 0.01). If minimal lot of broker 0.1 recommended deposit more than 10*Risk.

2) Use file Count_Theoretical_Profit_HPA.zip to calculate the predicted results.

6. Can the EA work together on the same account with other EAs?

1) Yes.

7. What is Restart button on the chart?

1) This button Reset all calculations and memory of current EA. All orders will be closed and EA will start work from begin. To activate it you should click Restart button and then Confirm button.

8. Do we need use VPS? What type of VPS recommended?

1) You can use VPS, and it is recommended, because EA should work without interruptions. 

2) The VPS with very little ping is not necessarily because the EA is not a scalper.

3) It is recommended for this EA to use VPS with Remote Desktop. Because the EA is protected against interrupts, and saves all calculations to file. When trading resumes the calculation are restored from a file. This procedure work only with Remote Desktop servers, or with PC.

4) VPS with 1GB, 2 processors, 20GB HDD enough. 

9. Can I enter a new value in global variable for ExtraRecovery?

1) Yes, use file HPA_GlobalRecovery_correction.ex4. It's a simple program that you can use to adjust your Global value recovery. Install it on a any separate chart of the same account. If the magic number matches and set SetNewValue=True, EA will set a new value NewValueRelative in relative terms. 

 

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