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New EA Multi Levels Trend

Discussion in 'Expert Advisor atau Robot Forex' started by glosbe, 01 Aug 2016.

  1. glosbe

    glosbe Active Member Credit Hunter

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    hello friends

    try this one

    MCTrendE_2[1].gif

    any pairs

    any time frame

    run at default

    unlimited

    INITIAL DEPOSIT : 1000$

    Description:

    Author:
    The author is researcher who is studying the stock and FX market for research purpose. The EA has been backtested from July 1, 2011 to Jan 13, 2012 on EURUSD. It has managed to turn $10,000 to $59,294, but there is no guarantee past performance will be indicative of future results.

    Description:
    This expert advisor is based on the concept that market does not move always in one direction. Even when the market is trending in one direction at some points it pullback. Usually the pullback is due to strong support or resistance levels or the dominant traders decided to take some profit, which usually force the market to move in the opposite direction for some time. The EA makes use of this reverse move. As expected, the EA performs better when it is trading in trend direction.

    The EA works as follows:

    If the MA(34) on the Day chart is turning up the indicators opens a Buy trade and vice versa. If it moves in the trend direction, the EA closes the position as specified by the take profit (TP) parameter. The default is 60 for 4 digits brokers and 600 for 5 digits brokers.

    In case the market moved opposite to opened trade direction, the EA will open another position in the same direction of the previous trade at -600 (-60pips) with the same lot size. If the market moves in the trade direction, both trades will be closed at TP target of the last trade. This will be repeated for the next level, but with a lot size of 2, 4, and 8. If the intial lot size is 0.1 for example, the lot of the next levels will be:

    Level
    Lot size
    0
    1 x 0.1 = 0.1

    1
    1 x 0.1 = 0.1

    2
    2 x 0.1 = 0.2

    3
    4 x 0.1 = 0.4

    4
    8 x 0.1 = 0.4


    share your result

    thanx very much
     

    Attached Files:

    Last edited: 02 Aug 2016
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  2. suguram

    suguram Member Credit Hunter

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    Thank you. I will test.
     
  3. dadoh

    dadoh Member Credit Hunter

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    Error by Brooker Tickmill

     
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  4. ariefryandz

    ariefryandz Member Credit Hunter

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    Open position buy only?
     
    • Bad Spelling Bad Spelling x 1
  5. AdamForex

    AdamForex New Member Credit Hunter

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    Looks like something works. I'll test on demo . Thank you.
    But EA without magic number. That's very problem.
    [​IMG]
    [​IMG]
    [​IMG]
     
    Last edited: 02 Aug 2016
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  6. blackking

    blackking Well-Known Member Credit Hunter

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    Whether this ea based on martingale system tradin with multiply lot size in every step order opened?
    but if look the graph seems this ea also as profitable for long run, how much capital recomended for start with
     
  7. Maloi Emilia

    Maloi Emilia New Member Credit Hunter

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    Thanks.
    Will try it out. It is close to Dreamliner's manual HFT method
     

    Attached Files:

    Last edited: 02 Aug 2016
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    • Optimistic Optimistic x 1
  8. AdamForex

    AdamForex New Member Credit Hunter

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  9. Sergio Ramos

    Sergio Ramos New Member

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    Thanks for the share
     
  10. cjtylor

    cjtylor Member Credit Hunter

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    be carefule - the ea does not set SL.
     
  11. mesarena

    mesarena New Member

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    Good share info and EA Thanks
     
  12. ranges

    ranges New Member

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    not a good one
     
  13. Astarfleir

    Astarfleir Member Credit Hunter

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    I wish people would stop posting Martingale Junk. Unless you have a hugh account and making small gains, your account will blow at one point or another. Back tests cannot be taken at face value. Please show live results on your EAs.

    By the way, 8 x 0.1 = not 0.4 :mad:
     
  14. xiaozuwei

    xiaozuwei New Member Credit Hunter

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    GRID IS A BAD STRATEGY
     
  15. NG WEI

    NG WEI New Member

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    Wow..nice EA.:ok::ok:
     
  16. hassan12678

    hassan12678 Member Credit Hunter

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