New EA SyTLAS EA / Multi-currencies MT5 EA

John Peterson
Thanks for your kind words. Great day to you too !
Concerning your problem regarding the charts opening, can you tell me if your MT5 account is Netting or Hedging ?

fxgreen
You are right, the EA posted up to now cannot be backtested. The only way to do so is by launching the profiling mode of the source code via MetaEditor.
Hence the importance of forwardtesting it

Boy pasmo
I've chosen MQL5 for this project because the strategy tester is designed to work with multiple currencies.
I'll see if I can make a MQL4 version when I'll have some time

Best regards

 

hedging

 

John Peterson
Ok, I know what happened.
I'll fix this and the crash during BT in the next version...

 

Sounds great thanks,
Also if you can add the global TP and SL based on profit/loss in the account currency and a spread filter. I understand if you are not able to in the next release ....I am not a coder but I can imagine it takes time to add different features.

 

I was just curious I noticed the interface time refreshes to match market watch time about every 5 minutes. Is that how often EA refreshes to look for new positions also?

 

MT5 is better MT4 great to code EA by mql5
and MT5 can do backtest with multi-currency no problem

 

SyTLAS EA version 1.5 ​

Here's the latest MAJOR update of the SyTLAS EA.
In this one, I've fixed a lot of bugs and finally implemented its first exit strategy.
This strategy takes into account all open positions and tries to constantly balance winning and losing trades.
You can also define positions comment, activate Interface and/or Charts (auto)opening-closing.
The EA doesn't crash anymore during BT but still can't be correctly backtested without the source code.
Enjoy !

 

Thank you

 

Can you share the template you use to view the trades that open? Just curious what your setup looks like. Thanks

 

John Peterson
You are gonna laugh because my working template is the simplest possible : a black background and green candles (see the attachment).
Concerning the delay in the update of the Interface, what you are witnessing is the footprint of the heavy calculations that occur inside the EA. SyTLAS considers the interface as secondary so it decides to update the infos only when it has nothing to do, which happens very rarely.
You can use your own template by putting its name in the appropriate field when setting up the EA

@ALL
Don't hesitate to give me some feedbacks when you'll be ready

Best regards

 

I just had several positions close for about 30 cents profit So far so good with update version, although charts did not close automatically when the positions closed, are they supposed to?

 

John Peterson
Great news, thanks !
SyTLAS v1.5 will automatically close the charts it has previously opened, not the charts that were already opened by the user. Was it your case ?

 

These were charts the EA opened

 

My mt5 build is 2064....I usually update to latest beta version maybe that has something to do with it not closing charts? I just had another set of trades close for about 40 cents and charts remained open.

 

John Peterson
Damn...
I think it's caused by the hedging mode (I have a netting account).
I'll look into it

 

SyTLAS_v1.5 - BackTest 2019


​

This is the result of SyTLAS' actions on EURUSD / GBPUSD/ EURGBP only since 01/01/2019.
Initial Balance = 500$
Final Balance = 3065.47 $
You can see that the DD (red histogram) is contained

 

I would be really curious seeing a backtest of reverse signals....trading the opposite of ever signal that comes in. One of my favorite manual trading systems ....currency strength dashboard , I trade the opposite of the signals that come in and usually works out well for me most of the time. I figure 98% or so traders fail by using multiple indicators....since yours is using 100 ma varieties....it may be very accurate to nail down that 2 % Just an idea worth checking ....its an added feature I wouldn't mind forward testing .

 

I have found sometimes the opposite signal trading only works well during slow market times ....then I trade signal as it was intended during busy market hours. While some days the entire day will trade best with just trading opposite signal.

 

Here is an updated screen shot of my trades.....reverse trading this would have been really nice

 

My positions just closed out for a loss of about $10