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New EA Myfkbook Forex Sentiment indicator & EA

Discussion in 'Expert Advisor atau Robot Forex' started by winidecorw, 02 Apr 2024.

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What do you think, is it better to go With or Against Market Sentiment?

  1. Follow Market Sentiment

    78.9%
  2. Against Market Sentiment

    21.1%
  1. kamel

    kamel Active Member Credit Hunter

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    Hi sir can u past your result here please ? Thank you
     
  2. pugspuggy

    pugspuggy Member Credit Hunter

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    My observation may not be feasible, at least up till this point of my testing. Your setting of 80% in, 50% out seems to be working fine.

    I will continue forward testing to monitor the result. Thank you for the innovative idea which I think may just work.

    Only time will tell. Good job!
     
    • Like Like x 2
  3. philippe5

    philippe5 Member Credit Hunter

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    Attached Files:

    • Like Like x 1
    • Agree Agree x 1
  4. kamel

    kamel Active Member Credit Hunter

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    thank you nice, since yesterday night, EA seems take Sell on each pairs, but in drawdown now ... Can u confirm ? thank u
    It's normal if you see two order on Eurusd, one order is manuel but all other is take from EA
     

    Attached Files:

  5. Joerg Kappler

    Joerg Kappler Member Credit Hunter

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    me the same
     
  6. philippe5

    philippe5 Member Credit Hunter

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    No problem for me
    See file
     

    Attached Files:

  7. philippe5

    philippe5 Member Credit Hunter

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    Normal to have a drawdown.
    We don't live in paradise :rolleyes:
     
    • Like Like x 1
  8. kamel

    kamel Active Member Credit Hunter

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    ok but DD must be control it's logic, the key to consistent profit it's the profit more than Loss, it's for this reason i ask if you have same Trade than me ...
     
    • Like Like x 1
  9. wallywonka

    wallywonka New Member

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    Needs some entry filters, like limit orders or reverse candle or RSI/Stochastics.
     
    • Disagree Disagree x 2
  10. Joao Santos

    Joao Santos Member Credit Hunter

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    5/5,
    This is my review for this thread:
    Very interesting idea
     
    • Agree Agree x 1
  11. Joao Santos

    Joao Santos Member Credit Hunter

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    Please could you update the EA so that it prints on chart the last time the myfxbook data was updated?
     
  12. winidecorw

    winidecorw Active Member Credit Hunter

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    Hi!
    The data IS updated in the first 5 minutes every hour
     
    • Like Like x 1
  13. Joao Santos

    Joao Santos Member Credit Hunter

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    Ok, thanks!
     
  14. philippe5

    philippe5 Member Credit Hunter

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    If internet is cut when fxbook send notification for mql4 platform when internet will work there will be a new notification sent?
     
  15. winidecorw

    winidecorw Active Member Credit Hunter

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    No, but if you restart the EA it will update instantly. The problem with this is that Myfxbook has a limit of connections per IP to the market sentiment page.... you can try it by connecting and reloading multiple times with the browser. There comes a time when the website does not load and you only get a message that you have reached the limit.
    If this happens, the EA will not be able to read the data and all the bars will be 100% (It is not recommended for this to happen)
     
    • Like Like x 1
  16. philippe5

    philippe5 Member Credit Hunter

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    So it can be dangerous....
     
  17. john w dufour

    john w dufour New Member

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    I ran the Forex Setiment Trader EA for the last 4 days with good results. Profits this week beginning on Wednesday were Day 1 - $120 (half day), Day 2 - $149, day 3 - $457 with the highest drawdown being $278. Ran it on a demo 50K Account using Blueberry Markets broker. What I did to run it was add a closeallprofit EA on another chart. Whenever it got to $60 it automatically closed the trades. I'll continue to run it this way next week to see the results.
     
    • Agree Agree x 2
    • Creative Creative x 1
  18. pipmenow

    pipmenow Member Credit Hunter

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    Thank you for your update. I like your idea of closing all profits at a certain threshold. What lot size did you use to achieve the profits mentioned? What pairs did you use? Also, did you go with the sentiment or against the sentiment?

    I set up the EA late and could only test it for one day. I tested on 20 pairs and "Against the Sentiment" using 0.10 lot on a $5000 demo account. My result of one day of testing is $46.

    upload_2024-4-5_20-34-54.jpeg
     
    • Like Like x 1
  19. john w dufour

    john w dufour New Member

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    I did the following symbols: XAUUSD, USDCHF, NZDUSD, UCAD, ACAD, UJ, GU, and EU all "with the sentiment" they were all buys. .25 lots on a 50K demo account.
     
  20. pugspuggy

    pugspuggy Member Credit Hunter

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    Here's my closed and current open trades.

    Closed trades
    Screenshot_2024_0406_102212.png
    Open trades
    Screenshot_2024_0406_102250.png
     
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