Suggestion Basic - as long as it's Profitable

[guidoc]

Pair = EU
Time Frame = H1
Setting = see the BT

This EA is really good on BT (I tested it using spread 2, hope it satisfy those who doesn't use ECN broker).
Try it first, and share what do you think about this EA.

Thanks for sharing! I'm impressed: the 99% BT of the last two years (Jan 1st 2014 till nowadays) results in the balance growing from 1000$ to more than 200,000$ with 31%DD and pf of 1.7.
What's the strategy behind this ea? It is not a tick scalper, the orders can be easily executed by any fair broker.

I've just put it on a demo with tickmill, let's see.

 

[NeoBatavia]

Thanks for sharing! I'm impressed: the 99% BT of the last two years (Jan 1st 2014 till nowadays) results in the balance growing from 1000$ to more than 200,000$ with 31%DD and pf of 1.7.
What's the strategy behind this ea? It is not a tick scalper, the orders can be easily executed by any fair broker.

I've just put it on a demo with tickmill, let's see.

Please share your result.

 

[Daniel Wauer]

Please can someone share another version because in my MT4 build 950 it won't work.


 

Please can someone share another version because in my MT4 build 950 it won't work.

Now it works. My fault!

 

[guidoc]

Please share your result.

I'll share the back test

Please share your result.

Please share your result.

here below is the link to myfxbook relative to the test: in this account I'm running another ea and you can distinguish Basic ea as this opens orders of 19 lots whereas the other ea is using many 1.5 lots orders. Today (April 6th) Basic ea opened 2 winning orders (22 a.

https://www.myfxbook.com/portfolio/ea-test/1576156

 

[Geobull]

anyone have Open Code MQL for this ea? or do you know author of this ea?

 

[NeoBatavia]

Please can someone share another version because in my MT4 build 950 it won't work.

View attachment 17249
 


Now it works. My fault!

What happen and what did you do to fix it?

 

[NeoBatavia]

I'll share the back test



here below is the link to myfxbook relative to the test: in this account I'm running another ea and you can distinguish Basic ea as this opens orders of 19 lots whereas the other ea is using many 1.5 lots orders. Today (April 6th) Basic ea opened 2 winning orders (22 a.

https://www.myfxbook.com/portfolio/ea-test/1576156

Excellent. However, your fxbook link can't be open though.

 

[guidoc]

Excellent. However, your fxbook link can't be open though.

I'm sorry. I made it public and so I don't know why the link doesn't work for you as it works for me. Will work on it.
Moreover I'm not familiar with the tools of this forum and I'm struggling to post images and files, I would like to post the backtest for instance.

I have put this ea in a real account with a low risk settings , just to check it is not limited to demo accounts and it works fine.

 

[Daniel Wauer]

I'm sorry. I made it public and so I don't know why the link doesn't work for you as it works for me. Will work on it.
Moreover I'm not familiar with the tools of this forum and I'm struggling to post images and files, I would like to post the backtest for instance.

I have put this ea in a real account with a low risk settings , just to check it is not limited to demo accounts and it works fine.

Would you share your real account too on myfxbook? Thanks
What settings? Default?

 

[guidoc]

Would you share your real account too on myfxbook? Thanks
What settings? Default?

I will, no problem
settings are the ones used by NeoBatavia who shared the ea but I changed P to 100 instead of 50, the higher this parameter the lower the lot size. With an equity of 1200 $ the lot size is 0.12 using that setting. Other settings are TP=500 and SL=450, the SL is moved by the ea to trail profits.

 

[Daniel Wauer]

I will, no problem
settings are the ones used by NeoBatavia who shared the ea but I changed P to 100 instead of 50, the higher this parameter the lower the lot size. With an equity of 1200 $ the lot size is 0.12 using that setting. Other settings are TP=500 and SL=450, the SL is moved by the ea to trail profits.

Great! I tested "Basic-EA" too but in combination with "Spartan Bolt EA".
I load default settings for "Basic-EA".

My statement for the last 3 days:
https://www.mql5.com/en/signals/181876

 

[Daniel Wauer]

This is my review for this thread:
Basic-EA will promise very good profits. All trades now in profit.

 

[Geobull]

no good ea I think it is optimized for years, try 2016 and you will see not working good.

 

[guidoc]

no good ea I think it is optimized for years, try 2016 and you will see not working good.

actually, backtest from 2008 shows good results in almost every year, of course there will be bad moments but overall the trend is always upwards directed. I have tested hundreds eas and this is very rare. Only martingales keep a constant uptrend but they easily blow up accounts and the only ones that can be sucsessfully tested from 2008 usually have high DD and low profits.
I'm making some bt with M1 and results look better than H1 so far.

 

[Geobull]

actually, backtest from 2008 shows good results in almost every year, of course there will be bad moments but overall the trend is always upwards directed. I have tested hundreds eas and this is very rare. Only martingales keep a constant uptrend but they easily blow up accounts and the only ones that can be sucsessfully tested from 2008 usually have high DD and low profits.
I'm making some bt with M1 and results look better than H1 so far.

can you make only 2016 tests please ?
maybe if someone upload MQL code we can make even better ea....

 

[irruzzz]

sudah ada yang coba di real gak?

 

[NeoBatavia]

sudah ada yang coba di real gak?

Mr. Guidoc already running on Real.

 

[guidoc]

Mr. Guidoc already running on Real.

correct

 

[pexta]

Hi please share initial advisor file MQ4

 

[sixerz]

actually, backtest from 2008 shows good results in almost every year, of course there will be bad moments but overall the trend is always upwards directed. I have tested hundreds eas and this is very rare. Only martingales keep a constant uptrend but they easily blow up accounts and the only ones that can be sucsessfully tested from 2008 usually have high DD and low profits.
I'm making some bt with M1 and results look better than H1 so far.

so, what the best TF for this EA?
do you use standard setting?