New EA Good EA but need customisation

Hello Everyone,

I found the attached ea from another forum. While back testing on H4, the ea is doing really good job. But it fails on ft. I think some adjustment in settings will make it profitable. I request everyone to do your research and make the ea profitable.

thank you

 

ok let's try

 

Whether ea only for backtest in demo account and not for real account
good on backtest will not guarantee will also good on real account

 

yes man, i know that. but i think there is some potential in this ea.

 

if you don't pass the real tick data backtesting, how you expect to success in the forward test ? why you would even waste your time ?
i don't know about you but those kind of paradoxes make me so mad, i wish i can know why literally!!!

 

It's King of Gambler...

 

hi brlm7914, iam really sry, iam very new to the forex world. while i backtest i get the this result. broker:tickmill.

 

Backtesting is a big trap and i think its tool of Brokers to trap us. No broker provide same slippage and spread conditions similiar to backtesting each and every broker cheat us thats why scalper EA fail in live trading.
UPTO now most successful scalper EA was algo innovative EA which cost 30000$ and after 6 months broker found solution and this ea became dead . If you visit their MQ5 Link everybody is crying and saling his license copies just 200$.

Now think how could a common Scalper EA be enough efficient to fight against broker.
we have to find something else to earn and We should think another way and another ea.
thanks

 

Code:

https://www.mt4backtest.com/

 

just one question, what the broker will lose if the trader success with any legal way in trading ?

 

okay man. lets see

 

Hi,
the biggest problem, that everybody (with a few exception) like to be rich fast and with a start capital of 100 or 1000 (USD,EUR) It does not work!!! Don't even try it. Trading on the financial market needs capital and a thinking for a longer perspective. The "to be rich fast" formula is only for the broker to make a lot of profit, from YOU!!!
If you have a small capital trade with micro lots, but still a larger TF. Have patience and build your account slowly but safe. If you look closely, every fx forum is full with scalper. M1 TF, HFT, etc. IMHO this is only luck, if you make money in this way. HFT? yes, but with a large capital, pro technical equipment and not the mt4. Thousands of rubbish EA's sold and selling today as well for people, they hoping, and believing "to be rich fast" formula. Please don't believe all this professional created, but rubbish product sells videos and promotions. Trading forex is a huge business, well it can be, but it has his price. Knowledge and capital. If you have both you can make it. If you don't try to get both and you could make it. 100 or even 1000 USD is just not enough to start a business. You MUST have at least 2000 or better 5000 to start+knowledge.
Take it seriously otherwise you can say good bye to your money. On the "other side" professional lions waiting to get your money. Selling a rubbish product or try everything to make you to lose your trades.
Sorry but this is the bitter truth.

 

you have what i called "lack of knowledge" my friend because if you just look around from linked accounts websites like myfxbook to the brokers and companies contests you will see that some traders make $100 a $10000 in just couple of days, and if you think about it a little you will notice that if you can make 20k a 40k then you can make $2 a $4 thats math, balance size is good for some strategies thats all in most time dosen't matter at all, and you should have more knowledge about humans my freind, humans are diffrent and theres billions of theme and its impossible to know all thier reasons and needs, for some been rich is to have a car for some is not about the money etc.... endless reasons and needs, life is short too thats why as a human search for the fast ways, life is fast we are slow, too bad in this world theres what i call "the curse" cause if we know some simple answers where we really come and what really matter and where we will really go, we will live happy, but its "the curse" my frieind so we will just live adapt and go thats life for humans,

by the way did you answer my question by that jornal you write or what ? like i did next -1

 

What configuration did you use?

 

HelloBonnym3, find below a BT with modeling 99,90%, for the first nine months of 2017 considering EUR/USD H4 and default settings of the EA.
Unfortanetely, the results were not very good.

As far as I could notice, the EA opens just one operation per time with SL and TP. It would be interesting if you discover which is the strategy befind this EA (how the EA decides when to open an operation and which will be direction, buy or sell ...).

Another point that called my attention is that during the BT, looking at the journal, I noticed an error message which I attach below. Maybe, there is somekind of error in the code that needs to be fixed.

 

Yes Lia, I remember last year the famous "Algotrade Innovative EA" fever.
Fortunately, I had the chance to win a few bucks with that EA.
What also helped to kill the EA was that, as it had been widely shared in many forums, there were so many traders using it around the world that at the moment of a signal from the EA the slippage in the brokers was simply huge.

My vision should be that the functionality of the Innovative EA would have been restablished, based on the fact that many of the EDU versions that were shared on that time were not working anymore due to the MT4 builds upgrades.
However, it seems that the brokers found ways to break the potential of the EA.

 

If you look for a good EA, look for SEF in FB.
And if you like to learn Trading look for TDI in FB.

 

good and good

 

Do you have a link?

 

Can't post a link here, it break the rule.
Just find SEF and TDI on Fb.