New EA Priceless EA - Price Action Strategy EA

I have attached the pro version which you can back test with money managment , i have some other things to add but is pretty stable from my tests.

 

does the pro version work only on backtest ?
I'm trying the light version on demo account but no trades since this morning, is it normal ?
I'm a coder too.

 

latency too high on demo ! and vps with max 2ms ping

read carefully post 1 and post 10
if you have quick vps do a FT with 200usd, one month
How many cost the Pro version please ?

 

a demo version will be possible to test

 

Right now i dont have any price in mind, i have gone live and i need to see wining trades till the end of the 2018 and show them in a myfxbook account so anyone can believe.

 

good idea

we will see...

 

Does anyone have the testing result now?

 

am waiting mastercool.

 

lol

 

Do you have https://eareview.net/tick-data-suite ?
If not,results are not accurate.

 

Check here https://www.myfxbook.com/strategies/pricelessea/146809

 

I noticed in Live that the EA was not behaving like it should ,so i begun to debug it and after 2 days trying to find the issue in the EA,the problem was the MT4 Broker server.
My MT4 in VPS has a latency of 1.07 ms , despite that, the order to be executed in the IC Market MT4 Server has a delay between 35ms - 200ms, i found about this after talking 2 hours with the support of my VPS and IC Market support which they did not tell me this directly but in the end they did,because i work in the IT and i know how those stuff works.

The 1st version hardcoded settings were not suitable with this new problem that came up,so i had to make further tests with TickDataSuite which has a settings in the Slippage tab to simulate the delay .

After 4 days of tests.i found the right settings and recompiled the EA,attached is the new version with the new settings .
The results are this : https://www.myfxbook.com/strategies/priceless-set1/147038
You can redownload the EA and make your own tests.

Suggestion:
For anyone who makes test with TickDataSuite,if you think you have a good EA,check the execution delay to make proper tests before going live, you will see totally different results and explain why in live EAs fail,thats a mistake i have made myself.

 

Are you aware that the liquidity providers refer to this style of trading as "toxic"?

The next problem you will face if you are making a decent amount of money out of this is they will either tell you to stop trading in this manner or deliberately introduce a delay on your orders.

Apparently they don't like it when trades are opened and closed this quickly because they can potentially be caught with unhedged positions and therefore actually assume some risk themselves.

 

Have you had this kind of experience with a broker,or heard about this? Just curious.

 

Yes. Small scale they won't care, but when you start to make it worth your while you will get noticed and have to move to another broker if you want to keep trading in this manner. Eventually you will run out of "decent"brokers. Someone else earlier in the thread mentioned that it is hard to find a broker that will let you open and close trades in under a second. I believe they were alluding to the same thing. By all means try it, but don't be surprised when you either get asked to leave or your trades hampered in some way.

Another couple of points:

1. If your EA is doing what I think it is, and fading a sudden price movement, be careful that your stop losses don't get slipped right through. Often the sudden movement is caused by a lack of liquidity in the market. If you're trading a large lot size your order may well get filled a long way away from the current market price, or your position may be opened and then not stopped out because the price skips straight over your stop loss.

2. MT4, as you have discovered, has a slow transaction speed. You'd probably be better with a different platform. No, I don't have a recommendation beyond writing your own software and using their API.

All of that said, I do like the strategy, but unfortunately I don't think it is feasible in the real world - especially for a regular trader through a retail FX broker.

 

Any update results and new test version?

 

So need test on demo?


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[QUOTE = "mastercool, post: 231462, członek: 36521"] Czy miałeś takie doświadczenie z brokerem lub słyszałeś o tym? Po prostu ciekawy. [/ QUOTE]
YOU CAN SHOW MYFXBOOK ??