New EA Auto Trading Portfolio (Free EA, No Expiration)
- Thread starter autotradingportfolio
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Is this good ? My backtest shows loss
Hello dear traders,
We'd like to share our EA to you, the EA is still on the early stage, each EA works for certain pairs and TF (it's already described on EA name). We may develop it for another pairs, if you like this EA.
It can be used on both demo or real account (although we don't recommend it) with no time expiration.
This EA works in non FIFO environment, normal spread and slippage is just fine.
The EA only open and close trades on bar opening, so it can be tested using open price method.
No martingale is used in this EA.
We recommend 1000 for each pairs with 0.01 lot, so if you use 10 EAs, it'd be 10000. If you trades using 10 EAs simultaneously and activate the Auto_Lot, we suggest you to set the Risk_Level to 0.1.
We do NOT recommend to use this EA on real account even though you can, please use it on demo acount.
These are rules you need to remember :
1. We're not a seller and you're not a buyer, we're not an IB and you're not our client, there is no contract between us, we have no obligation to you and you have no right from us.
2. All of the results we present here are merely based on backtest, please don't overestimate the EA.
3. The backtest maybe inaccurate, the future result maybe worse, losses may occur.
4. We always suggest to backtest the EA before you forward test it, if you do FT, please use demo account first.
5. We can't guaraantee anything at all, you trade at your own risk, please never blame us for the loss.
6. If you still have doubt with this EA, please don't do anything with it, that means DON'T USE IT! You'll only waste your time, money, energy, and computer resource for doing backtest or FT.
7. Our EAs may give you drawdown that lasts for months, the EA result may not able to cover your VPS bill, if that's matter to you, then instead of complaining, please stop using our EA right away.
8. Please remember that the only guaranteed method to avoid losses from this EA is by NOT USING IT.
Our apologies, by writing those rules we don't mean to be rude or arrogant, we just don't want to be blamed for the losses or moreover called as a scammer. You should know from the very beginning that forex trading is a risky bussiness.
Best regards.
Auto Trading Portfolio Team
Parameter Information:
- Auto_Lot: Set it to true to make the EA use auto lot, and false for fixed lot.
- Risk_Multiplier: value 1 means 0.01 lot per 1000, 2 means 0.02 per 1000, 0.1 means 0.01 lot per 10000.
- Entry_Lot: The lot size for fixed lot, it's applied only if Auto_Lot is set to false.
- Base Magic Number: Defining which chart and strategy you use, the value should be ranged from 100 to 999.
Latest version: 4.0
Changelog:
Version 4.0
- Money management
- Minor formula improvement
Version 3.0
- Fixed and visible stop loss and take profit
- New formula
Version 2.9
- Version 2.0 with money management
Link for the previous version :
2.0: https://drive.google.com/file/d/1E8OSh6RlIs9Bm7jY-uQsn8Iq9noUdSAJ/view
2.9: https://drive.google.com/open?id=1-xPAK6bFd-KsSQ_LmJLqnqDiHwriTIv1
3.0: https://drive.google.com/open?id=1lcSrr2wMXqVgpsOn4fjCZCRSDfhkvG5U
Warning:
Please adjust the Risk_Multiplier parameters to proper values, if you're using XM Micro account
Result for AUDUSD H1
Result for EURCHF H1
Result for EURGBP H1
Result for EURJPY H1
Result for EURUSD H1
Result for GBPUSD H1
Result for NZDUSD
Result for USDCAD
Result for USDCHF
Result for USDJPY
Risk Disclosure: autotradingportfolio does not guarantee income at any time, nor success of the product beyond the specific 60-day performance guarantees for each product. There are many factors that can effect each person's individual results. Examples shown in this presentation do not represent an indication of future success or earnings but merely hypothetical historical performance based on specific trading models. Past performance is not indicative of future results.
U.S. Government Required Disclosure - Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
The purchase, sale or advice regarding a currency can only be performed by a licensed Broker/Dealer. Neither us, nor our affiliates or associates involved in the production and maintenance of these products or this site, is a registered Broker/Dealer or Investment Advisor in any State or Federally-sanctioned jurisdiction. All users of products referenced at this thread are encouraged to consult with a licensed representative of their choice regarding any particular trade or trading strategy. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this thread. The past performance of any trading system or methodology is not necessarily indicative of future results.
Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN
How how
autotradingportfolio
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Risk_Multiplier 1.0 means 0.01 lot per 1000 balance, 2.0 means 0.02 lot per 1000 balance, 0.5 means 0.01 lot per 2000 balance, 0.1 means 0.01 lot per 10,000 balance
to the developers, what is the reason for some trades to close with no relation to SL and TP, some positive some negative. I have noticed that when it closes a trade suddenly, it immediately opens an opposite trade. Just interested in the reasoning behind it, like does the EA think the market is switching directions?
PS: I have noticed this in BT and live trading which I started this week.
PS: I have noticed this in BT and live trading which I started this week.
mathisonrichard
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Hello autotradingportfolio !!
I appreciate your prompt response.
[1] Am I to understand correctly that "risk_multiplier" value and "entry lots" value are independent of each other ??
Currently I'm trading an account with a starting equity balance of $500 along with "risk_multiplier" at .10 value and "entry lots" at .01 value. Trades are opening with .o1 lot size which is what I was looking for.
[2] Are these setting correct for a $500 account ??
Please assist.
Thank you.
Richard
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autotradingportfolio
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You should set risk multiplier to 2.0
autotradingportfolio
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You're talking about the official ATP release and no the Test EA right? That's because the EA has closing logics based on indicators, if the indicators give an exit signal then the EA will close the positions, the TP and SL are for security reason.
Best regards.
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I am running ATP live now since 1,5 Month. Mpst of the times the trades are closed by SL or TP and only about 15% are closed by this logic. Is it correct?
I am looking to other pareis to realse any plan for other paries heavy v it is amazing on back test
Thanks, I missed it somehow.
Hey, I have another suggestion!
when auto lot calculation is done, it could use not just the balance, but also credit.
I registered with XM AU, have a micro account and running ATP, but since they give extra credit to trade with, the EA doesn't use that in it's lot size calculation.
Oh, and is there a plan it implement an "off" switch, so that the EA wouldn't open any new trades?
Cheers, and thanks
Hello autotradingportfolio !!
Always, I appreciate your prompt response.
When my account equity balance reaches $1,000 and I change "entry lots" to .02 value... what should I have "risk_multiplier" set to ?? 4.0 ??
Please assist.
Thank you always.
Richard
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Just a thought, why don't you multiply the "risk multiplier value" you are currently using with the value of extra credit given by your broker. An example would be: you are currently using risk multiplier=2 with 500usd account, if the broker gives you double credit (500usd+500 extra) you can use risk multiplier=4
Just an idea.
Dear Autotrader,
I am trying to test the [Test AUDUSD H1 Lite 12112018] and [Test AUDUSD H1 Heavy 12112018] on demo account but it does not open no trades.
Please send me update versions for those EAs to test.
Thank you in advance,
Best regards.
autotradingportfolio
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Yes it's correct, TP and SL is also to prevent open orders became too long
autotradingportfolio
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Thank you for your suggestion, yes you're correct, the current ATP only calculate based on balance. I'll tell your idea to my boss.
And about the "switch", yes that's the plan, if you've downloaded the test EA you'll Open_New_Trades parameter, if you set it to false, the EA won't open any new trades.
Best regards.
autotradingportfolio
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The EA doesn't open any postions instantly, it waits for the entry signals, the ones I uploaded are the latest version
Best regards.
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