New EA Martialgo EA

Today result 1000$ account 0.01 lot size

 

Result of new EA im currently developing. Today Profit

 

very nice! whats the name of new indi? and when you will release it?

you think its saver and better than the others?

i think about going live with on of it

 

This is Different System. still under development Yes its a nice system that can use safely. No strategy involve. only algorithm and it has equity growth smart monitor system which handle the closing order side and managing orders. it can hedge and close hedge in profit and orders in profit. trying to cover everything. and final result will be money

 

sounds great! you will also release it here in a new thread?

 

**** Wishing You Happy Profitable New Year For All traders Here ****
​

 

hai good job for new ea .waiting for test .its almost done tp 50pips .hopefully new ea be more profit

 

***New EA currently I'm working on Result from 21st of December 2018- 31st of December 2018 **

7 pairs (I put Volatility pairs to test it on extreme )
1847 pip in total
Less than 10 Trading days




​

 

AUD JPY mainly and some other pairs JUST busted my 2000 $ account.. 0.01 lot extreme movement caused this half an hour ago! Traderasb you can sureley comfirm this

nothing could have prevented this or am i wrong?

good that it was only Demo

 

mine also EURJPY 0.01 burn alomost 200 usd .lucky its in demo .HOPE ITS KEY LEARNING FOR MQL CODER FOR MORE FINE TINE IN FUTURE

 

The only things that could have prevented this:

1- If you had open trades opposite the trend then the only thing that could have saved you is sufficient account balance so the DD wouldn't have killed your account (in lack of a parameter like equity stop).

2- With no big open trades opposite the trend (at least not enough to kill your account) some kind of news filter that would avoid opening new trades against the trend during the trend duration.

3- Some kind of equity stop parameter that would have closed your open trades once X % DD reached. In this case you would have had those losses but won't have killed your account.

 

Good request Poiah

I will add those features you have requested and send you

 

good ideas but the point 2 news filter is a problem it was no news.. but i know what you mena som KIND of news filter which stops when it detects a strong extreme trend...

maybe traderasb kann pull a update with tutorial

 

Releasing New Update here soon .....

 

**** Update with Entirely Different New version *****

New update is Entirely different than Previous Version. I did add equity stop and stop loss function if you like to trade with restrictions. As Requested when EA trade against the trend it will trade with the trend same time. Currently EA optimized for only one pair EUR /JPY
No indicator Required for the EA. As this is tested Version exp is Jan 19th .

Pair : EUR /JPY
Time Frame : 15 minute
Trade with News filter that attached with the forum


​

 

nice i will test at monday in EURJPY its M15 now not M1 ok lets see if in only one pair it will take much trades.

 

If you add much more needed spread filter ( instead of news filter) the EA would benefit way more. Because during the news spread is widening. But also during the unexpected news that are not listed in news sites- like Trump tweets and latest Apple news that caused hundreds of pips drop in many pairs including AJ and EJ. The spread during that news and crash drop was up to 100 pips and on the pairs that have normaly cca 1 pip spread and if your EA would have spread filter there would be no open trades. Without it it would be opening trades with way higher spread and so the distance between orders would not be as per inputs but much smaller and this would be causing additional not needed DD or even blowup.

There is also daily changover where spread is widening 4-5X relative to normal spread and it lasts up to 2 hours each day. So I see this filter as much more important

 

cool you are right but what value you would say to put in spread filter? 5 or more? you added a spreadfilter?

 

Choosing a broker with fixed spread might resolve a problem
but seems this ea only for specific broker

 

The idea is to add a new parameter like “max spread” which you could change depending your broker...

If spread is higher than the value of the parameter then EA doesn’t open new trades.

It’s a parameter that many EA have and it’s useful to avoid some scenarios as Rocky16 explained...