New EA Myfkbook Forex Sentiment indicator & EA

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

 

me the same

 

No problem for me
See file

 

Normal to have a drawdown.
We don't live in paradise

 

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 ...

 

Needs some entry filters, like limit orders or reverse candle or RSI/Stochastics.

 

This is my review for this thread:
Very interesting idea

 

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

 

Hi!
The data IS updated in the first 5 minutes every hour

 

Ok, thanks!

 

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

 

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)

 

So it can be dangerous....

 

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.

 

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.

 

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.

 

Here's my closed and current open trades.

Closed trades

Open trades

 

your setting is default ?

 

Yes, follow sentiment.

 

Thank you