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New EA No Sleep EA With no restrictions

Discussion in 'Expert Advisor atau Robot Forex' started by oshaban, 19 Nov 2017.

  1. oshaban

    oshaban Active Member Credit Hunter

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    Hello my friends ...

    Here is the new version (v3) 0f No Sleep EA as I promised before ...
    I expect to do it in the early days of the new year, but I have been lucky to finish it earlier.

    Please kindly read the settings description to understand how to use the EA the right way to lead you to big profit, otherwise you could damage your account ... You need to understand every single line to understand the logic behind this EA to maximize your profits ...

    Here is the EA settings ...

    upload_2017-12-25_10-28-16.png

    Line 25 ...Has no effect ...
    This line is only for telling you that use Pips instead on Points for Pip Step, Take Profit and Slippage.

    Line 26 ...MM Type (0=Fixed) - (1=Best) - (2=Lazy)
    Use, 0, 1, or 2 for different formulas to calculate lot sizes during trading.

    Line 27 ...Lot Digits (1=Aggressive)-(2=Normal)
    This for number of digits after the dicimal point used to calculate lot sizes. It makes big difference !.

    Line 28 ...Starting Lot
    The starting lot size for the first trade.

    Line 29 ...Pip Step
    The minimum distance (in Pips) between previous opened order and the new one calculated at each new bar open.

    Line 30 ...Pip Step Multiplier (PSM)
    This number is multiplied into Pip Step to get a new distance (Pip Step) for each new order.

    Line 31 ...Start PSM After Trades
    After number of PSM trades are opened, next orders are all multiplied by PSM value.

    Line 32 ...Lot Multiplier
    The name describes itself.

    Line 33 ...Take Profit
    Take Profit in Pips ... The EA first calculates the Break-even level (BE) then add Take Profit in pips to it.

    Line 34 ...Slippage
    Maximum allowed slippage when openeing a new order.

    Line 35 ...Maximum Number Of Trades
    Maximum number of trades to open in each trading round round till all close on profit.

    Line 36 ...Use Trading Time Filter
    Enable/Disable trading time.

    Line 37 ...Trading Start Hour:
    Starting hour for trading if trading time filter is used.

    Line 38 ...Trading End Hour:
    Ending hour for trading if trading time filter is used.

    Line 39 ...Magic Number
    Magic Number ... No need to change even if you trade multiple pairs.
    (not preferred to trade more than 1 pair).

    Line 40 ...EA Comment
    Comment to show in your statement/comment column in your MT4 platform.


    As you see, now we have PSM which is dynamically increase the distance between orders, but after the EA already opened certain number of orders to let the EA make more profit when price not go far from the first opened lot.

    If you change both Lines 30 and 31 to 1, you will get same results as EA v2.

    I believe this idea will work in 2 positive sides, "less risk" and "more profitable result".
    I implement the same idea in the past on few number of my EAs and the results are enhanced than without using it.

    So, please let us stop adding new features to this EA for the next few months. I believe adding more to it will make it more complicated and will start to make it fail. Simple is always better. We need to proof it works better, let's start making real money after get happy to best setting that everyone is comfortable with on hid demo.

    Happy and Profitable trading
     

    Attached Files:

    • Like Like x 6
  2. Kelmo

    Kelmo Member Credit Hunter

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    Thank you so much! You’re professional in your replies and definitely a competent algo programmer! Could you also share more about your other works? I’m keen to look at your premium EAs that you are selling because I believe in paying for quality products! Thanks!
     
  3. M Member

    M Member New Member Credit Hunter

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    Salam, Is it possible to add stop loss option as i cant open trades without SL.
     
  4. oshaban

    oshaban Active Member Credit Hunter

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    Thanks Kemo for your kind words, but I'm not that much professional. Just want to do my best.
    Talking about my private EAs could be a break of the forum rules.
    You can go directly to my blog :)
     
  5. oshaban

    oshaban Active Member Credit Hunter

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    Hello ... Update for the thread in the first is already done.
    Thanks for your request to do it :)

    Now, it looks better and easier to find important topics.
     
  6. nesta

    nesta Member Credit Hunter

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    Hello .
    If possible, use the news filter to close or open some of the posts in the next version.
     
  7. oshaban

    oshaban Active Member Credit Hunter

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    I never worked on news filters in the past ... and I'm trying to keep it simple as possible.
     
    • Like Like x 1
  8. blackking

    blackking Active Member Credit Hunter

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    Today already market was opened,
    then keep continue trading for trader that use this ea will look how food perform today
    I am that only use micro account firewoodfx hence will only trying to learn something follow thread
     
  9. Kelmo

    Kelmo Member Credit Hunter

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    Can you please explain the logic of the news filter? I'm curious to know.

    Typically a high draw down starts to form a few days before an important news because market usually prices in the forecast of the news. If what the filter does is to stop trading on the day of the news, then it will not work because you are likely to have quite a bit of on-going trades then.
     
  10. kojegz

    kojegz Member Credit Hunter

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    Thanks for the share and your hardwork .... i'll test it today with demo acc

    Sent from SoeHoe.ID mobile apps
     
    • Like Like x 1
  11. oshaban

    oshaban Active Member Credit Hunter

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    It is a code merged into any EA, This code is linked to known indicator known as "ffcal" ... The indicator reads the Forex Factory
    New Calendar ... You can select from settings the currencies you want to keep an eye on and also the strength of the news, "weak,
    normal, or strong". You also need to stop the EA before and after news by pre-defined period. That's is.
     

    Attached Files:

  12. nesta

    nesta Member Credit Hunter

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    i..think..better...add..a.filter..!
    example:rsi
     
  13. oshaban

    oshaban Active Member Credit Hunter

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    I don't think there is any need for that. Please keep it simple.

    Most of traders are looking for full "100%" auto trader robot. Believe me, This will not work. Human supervision is MUST.
    You need to move to bigger time frame or stop the EA when you see big move in the market in the not preferred direction,
    but most of the time the EA will work for you and make your life easier.
    Keeping the EA works for you all the time is not a good idea.
     
  14. oshaban

    oshaban Active Member Credit Hunter

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    Wa'alaikum Assalam ... SL in this kind of EAs will not give good results. Actually will make losses.
    If you want to try it, go to first EA version. That one has a SL.
     
  15. nesta

    nesta Member Credit Hunter

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    Hello.
    I also disagree with you and agree.
    I'm opposed to robots that have several filters that are very complex and similar to the plane, but simple, but precise, thought-out and working.
    But there is no filter, even one, it's not very good, it should be modest and logical. Because at least having a good filter can detect a lot of signals or mistakes. I work on the h1 chart and use it and test it. Sometimes it's difficult to get 2pip. The rsi macd filters have high H1 values and are the most popular ones. You know Maybe you do not believe it, but you can test yourself in the robot until it's upgraded.
     
  16. oshaban

    oshaban Active Member Credit Hunter

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    I'm sorry, for the current time, I can't go further. Last version "v3" is posted just yesterday, not tested yet. Sure it gives more improvement
    than v2 and v1, and no one reported it is not good version, so, why we look for more complicated new ideas.
    Let us keep it simple please.
     
    • Like Like x 3
  17. nesta

    nesta Member Credit Hunter

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    v3
    h1-eu
     

    Attached Files:

  18. nesta

    nesta Member Credit Hunter

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    v3-99.90%
     

    Attached Files:

  19. oshaban

    oshaban Active Member Credit Hunter

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    You know that BT will not consider spread change, slippage, news and also its results are not related to the future.
    Also, how come you start your BT using starting lot of 0.1 for account capital of only $1,000 on Standard !!!!. :cry:

    BT is not a game that you just put the setting you want. You need some experience to pick the right
    factors to make it the theoretical right way.

    This means to me that you never consider how to select the right account capital for the right account type !!!!
    It is too important to consider such important details. I already consider this topic as one of the important
    things and mention it in my first post update ...
    No Sleep EA With no restrictions

    This is one of the biggest reasons that make novice traders fail in this market easily and make only 5% of forex
    traders are winners while 95% are losers.
     
  20. nesta

    nesta Member Credit Hunter

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    i.tested....5setfile...
    u...read..again...99.90==>no..default..bt
    sorry..but...in..live...too.today...loss
     

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