New EA Auto Trading Portfolio (Free EA, No Expiration)

This is my review for this thread:
Excellent!

 

This is my review for this thread:
very good ea

 

Is this good ? My backtest shows loss

 

How how

 

Risk_Multiplier 1.0 means 0.01 lot per 1000 balance, 2.0 means 0.02 lot per 1000 balance, 0.5 means 0.01 lot per 2000 balance, 0.1 means 0.01 lot per 10,000 balance

 

to the developers, what is the reason for some trades to close with no relation to SL and TP, some positive some negative. I have noticed that when it closes a trade suddenly, it immediately opens an opposite trade. Just interested in the reasoning behind it, like does the EA think the market is switching directions?
PS: I have noticed this in BT and live trading which I started this week.

 

Hello autotradingportfolio !!

I appreciate your prompt response.

[1] Am I to understand correctly that "risk_multiplier" value and "entry lots" value are independent of each other ??

Currently I'm trading an account with a starting equity balance of $500 along with "risk_multiplier" at .10 value and "entry lots" at .01 value. Trades are opening with .o1 lot size which is what I was looking for.

[2] Are these setting correct for a $500 account ??

Please assist.

Thank you.

Richard

 

You should set risk multiplier to 2.0

 

You're talking about the official ATP release and no the Test EA right? That's because the EA has closing logics based on indicators, if the indicators give an exit signal then the EA will close the positions, the TP and SL are for security reason.

Best regards.

 

I am running ATP live now since 1,5 Month. Mpst of the times the trades are closed by SL or TP and only about 15% are closed by this logic. Is it correct?

 

I am looking to other pareis to realse any plan for other paries heavy v it is amazing on back test

 

Thanks, I missed it somehow.

Hey, I have another suggestion!

when auto lot calculation is done, it could use not just the balance, but also credit.
I registered with XM AU, have a micro account and running ATP, but since they give extra credit to trade with, the EA doesn't use that in it's lot size calculation.

Oh, and is there a plan it implement an "off" switch, so that the EA wouldn't open any new trades?

Cheers, and thanks

 

Hello autotradingportfolio !!

Always, I appreciate your prompt response.

When my account equity balance reaches $1,000 and I change "entry lots" to .02 value... what should I have "risk_multiplier" set to ?? 4.0 ??

Please assist.

Thank you always.

Richard

 

Just a thought, why don't you multiply the "risk multiplier value" you are currently using with the value of extra credit given by your broker. An example would be: you are currently using risk multiplier=2 with 500usd account, if the broker gives you double credit (500usd+500 extra) you can use risk multiplier=4
Just an idea.

 

Dear Autotrader,
I am trying to test the [Test AUDUSD H1 Lite 12112018] and [Test AUDUSD H1 Heavy 12112018] on demo account but it does not open no trades.
Please send me update versions for those EAs to test.
Thank you in advance,
Best regards.

 

Every trader looking for profit, but might not everyone will obtain their expectation
when can not make any dime profit, what to do is having patience on minds, don`t blame others

 

Yes it's correct, TP and SL is also to prevent open orders became too long

 

Thank you for your suggestion, yes you're correct, the current ATP only calculate based on balance. I'll tell your idea to my boss.

And about the "switch", yes that's the plan, if you've downloaded the test EA you'll Open_New_Trades parameter, if you set it to false, the EA won't open any new trades.

Best regards.

 

The EA doesn't open any postions instantly, it waits for the entry signals, the ones I uploaded are the latest version

Best regards.

 

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