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[Silindi]  

Hello,

I just purchased Outbreak MT5, I will try test Outbreak EA in demo account first before going to use it in a live account.

Thanks I am looking forward to use your EA live.

Do you have any recommended fx broker?

Heiko Kendziorra  
Alexis Brian Luna #:

Hello,

I just purchased Outbreak MT5, I will try test Outbreak EA in demo account first before going to use it in a live account.

Thanks I am looking forward to use your EA live.

Do you have any recommended fx broker?

I have no recommended fx broker. I'll start real trading of  Outbreak on ICMarkets ecn (raw) next week,

just because I never had problems with ICM, but that's not meant as recommendation.

Maybe there's better brokers, I don't know.

Hiroaki Morisima  

要望です。

コメントにEA名を入れてほしいです。

複数のEAを使用しているとどれがどれだかわからなくなってしまうので、記載されていたらわかりやすくなるなと感じました。

よろしくお願いします。


EAname

Heiko Kendziorra  
Hiroaki Morisima #:

t's a request.

I would like you to put the EA name in the comments.

If you use multiple EAs, you will not know which is which, so I felt that it would be easier to understand if it was described.

thank you.



Simply do right mouse button klick on History there in Columns activate: Magic Number

The number shows which EA works. You are free to choose in the settings any number that is different than your other EA numbers.

But attention: Outbreak sell magic nr is set magic number -1 and buy +1

magic

Hiroaki Morisima  
ハイコ・ケンジオラ #:

のアクティブ化にある 履歴 で マウスの右ボタンをクリックするだけです: マジックナンバー

数字はどの EA が機能するかを示します。 他の EA 番号とは異なる任意の番号を設定で自由に選択できます。

ただし、注意: アウトブレイク売りマジック nr はマジック ナンバー -1 を設定し、購入 +1 します。


お返事ありがとうございます。

マジックナンバーで管理するのはとても良い案ですね。

参考にさせてもらいます!

Heiko Kendziorra  
Hiroaki Morisima #:

Thank you for your reply.

Managing with magic numbers is a very good idea.

Let me be the reference!

Choose a simple nr. like 777777 and for other EA 333333 or so and you see with one look which EA. 

Good trades!

Heiko Kendziorra  

Trading is like life: A chain of missed opportunities ;-)

In the chart below you see 2 missed opportunities in trading on Nov. 10. 2022 

The first was at 15:30 as Outbreak closed the first buy trade fairly early. Ok, it was a good profit of about 11 pips,

but it could have been much more, just few minutes later, as one can see in the chart. 

In some situations Outbreak closes trades waiting until the 5 minute period of the candle nearly ends.

In this case no, what a pity!

In the second trade, a sell, Outbreak tried exactly that: waiting until the candle closes. 

But here it was a bad decision, after being 5 pip in profit the price changed direction and the position ran into loss. :(

10. Nov

The decision to let the profit run or to take money (and run ;) is the most difficult part of programming this EA.

Nothing is perfect, not even Outbreak! ;-)

Next versions will solve that problem better. So don't be surprised if the profit of the buy trade here in a backtest

with next version 1.3 is much bigger and the sell is closed at the right moment.

Outbreak doesn't learn by itself, but over the programmer it learns from its errors.


In the pic you see some horizontal lines you (still) don't have in your chart.

Version 1.3 comming sunday evening can show you the lines too.

If then the new setting ShowLines is activated the EA draws the lines. 

They may be helpful for experienced users, who want to intervene in the trading.

Next week I'l write an blog article about it.

More info about the lines in the description of the free utility Resistance Support Levels >>



[Silindi]  

Hello Heiko Kendziorra,


I have downloaded the new version of Metatrader 5 and it seems the backtest result and performance of Outbreak EA is different.

Its much more worst than I thought. The new version of MT5 is fast when doing backtest.

mt5 version


I notice that the losses are bigger than small profits. Just another disappointment.

disappointg

Heiko Kendziorra  
Alexis Brian Luna #:

Hello Heiko Kendziorra,

I have downloaded the new version of Metatrader 5 and it seems the backtest result and performance of Outbreak EA is different.

Its much more worst than I thought. The new version of MT5 is fast when doing backtest.


I notice that the losses are bigger than small profits. Just another disappointment.

That would be something absolutely new, that a new version of mt5 gives another backtest result.

I never ever had a change there with any update.

I have the latest version too and there's absolutely no difference in testing to the version before.

If that really would happen, the forum would be full of questions about that, but there's nothing

 I'm fairly sure you test with another setting in the new version, without noticing it.



I notice that the losses are bigger than small profits. Just another disappointment.


So you never ever did a backtest before to realize that profits are smaller than losses? 

Did you never ever take a look at the backtest I provided in the product description,

to see there that the average loss is bigger than the average profit?

You surprise me! So you bought the EA blind, without any view at the backtest result?


It seem this is you first EA, otherwise you would know that it is absolutely normal

for 80% of all EAs that the profits are smaller than the losses.

[Silindi]  
Heiko Kendziorra #:

That would be something absolutely new, that a new version of mt5 gives another backtest result.

I never ever had a change there with any update.

I have the latest version too and there's absolutely no difference in testing to the version before.

If that really would happen, the forum would be full of questions about that, but there's nothing

 I'm fairly sure you test with another setting in the new version, without noticing it.



I notice that the losses are bigger than small profits. Just another disappointment.


So you never ever did a backtest before to realize that profits are smaller than losses? 

Did you never ever take a look at the backtest I provided in the product description,

to see there that the average loss is bigger than the average profit?

You surprise me! So you bought the EA blind, without any view at the backtest result?


It seem this is you first EA, otherwise you would know that it is absolutely normal

for 80% of all EAs that the profits are smaller than the losses.

A new version of MT5 is released immediately after MT5 version 5 build 3494, the backtest result of OUTBREAK EA is back to normal using the MT5 version 5.0 build 3495

mt5

Thanks for immediate response.

Heiko Kendziorra  
Alexis Brian Luna #:

A new version of MT5 is released immediately after MT5 version 5 build 3494, the backtest result of OUTBREAK EA is back to normal using the MT5 version 5.0 build 3495


Thanks for immediate response.

OK, that was my next idea: If it is true what you say then there's a bug in the new mt5 version and mql5 must revise it.

Exactly that is what happend.

A change in backtest with a new version of mt4 or mt5 can only be a bug in the metatrader, its impossible that the reason is the EA.

[Silindi]  

Hello Heiko Kendziorra,


I have notice that the PRICE for your OUTBREAK MT5 EA has increased recently, but there was no changes or updates for OUTBREAK EA.

I have feature suggestion. I check the backtest result from Oct to Nov (recent), there where more losses than in the previous years. See the image below.

days

As you can see in the profit and losses by weekdays, during Monday and Wednesdays have the most losses. Can your OUTBREAK EA have the ability to disable trading on specific weekdays? For example disable trading on every Mondays.


Here is an example

disable


Thanks in advance

Heiko Kendziorra  
Alexis Brian Luna #:

Hello Heiko Kendziorra,


I have notice that the PRICE for your OUTBREAK MT5 EA has increased recently, but there was no changes or updates for OUTBREAK EA.

I have feature suggestion. I check the backtest result from Oct to Nov (recent), there where more losses than in the previous years. See the image below.

As you can see in the profit and losses by weekdays, during Monday and Wednesdays have the most losses. Can your OUTBREAK EA have the ability to disable trading on specific weekdays? For example disable trading on every Mondays.


Here is an example


Thanks in advance

I explained that drawdown already several times in private message. Now here for everyone:

Some brokers like yours is utc=2 but it changes the summer/wintertime like USA, mine is utc=2 too but the date of change is like europe that is 2 weeks delayed.

Just do a backtest with utc=3 for that week with the DD and the result will be good.

To solve that problem I'll program something for the next time change, that changes the internal clock of the ea in that period of time, if you work with such a broker.

To avoid trading on mondays or any other day for those 2 times a week in a year when there's the summer/winter time change, would be nonsense.





[Silindi]  

Hello Heiko Kendziorra,


I have an issue using OUTBREAK EA in the backtest when I use the AUTOLOT there is an invalid volume error.


My broker uses max volume per trade of 100 or 500 lots. When AUTOLOT is used the lot size overflows the 100 or 500 (lot size) max volume limit per trade. See the image below.

See there is an invalid volume error.


Thank you for your support in advance.

Heiko Kendziorra  
Alexis Brian Luna #:

Hello Heiko Kendziorra,


I have an issue using OUTBREAK EA in the backtest when I use the AUTOLOT there is an invalid volume error.


My broker uses max volume per trade of 100 or 500 lots. When AUTOLOT is used the lot size overflows the 100 or 500 (lot size) max volume limit per trade. See the image below.

See there is an invalid volume error.


Thank you for your support in advance.

Oh, you have a luxury problem ;-)  I don't think that many people have that problem.

So when you are too rich just open another account and split the lotsize zu 2 x 50.

Heiko Kendziorra  

New version Outbreak1.3 is out

If the new setting ShowLines is set = true Outbreak draws suoport and resistance levels as lines in the chart.

That drawing always happens at night, in the first minute at 1 o'clock.

If the EA is started later you must wait until next night to get the lines.

More info about the lines in the description of the free utility Resistance Support Levels >>

More info about it later.

Heiko Kendziorra  

Sometimes Outbreak cuts lotsize to half

that is part of the strategy and no error of the EA!

Just if you trade with minimal lotsize if keeps that size.

Matthias Effler  

i have rented your EA. its performing good so far. Im just wondering, if it might be a better/efficient way, if u add somehow a stochastic filter.

i get the feeling, that the EA open possitions when they are sometimes at the top already


just a idea

Heiko Kendziorra  
Matthias Effler #:

i have rented your EA. its performing good so far. Im just wondering, if it might be a better/efficient way, if u add somehow a stochastic filter.

i get the feeling, that the EA open possitions when they are sometimes at the top already


just a idea

If I would do all the changes on Outbreak EA people ask me for I had work for dozens of hours and the EA would be completely different at the end.

I tell u what I wrote to all the others: Take it as it is or let it be.

I think after 30 years of trading and 12 years of programming experience I know for myself what to do.

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