Personally I ama also like non martingale, because already trying several kinds EA works based martingale
All ea ends with margin call account, often making good at beginning but fail at finish.
Suggestion Building a SoeHoe Community EA - #001
- Thread starter TAN CHEE HO
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All ea ends with margin call account, often making good at beginning but fail at finish.
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I have thought of writing a user manual to explain about the parameters.I have forward test on demo but worry about non-stoping messages
'2022.08.09 23:49:56.238 Community001 EURUSD_ecn,M15: It is outside of the trading time range.'...Can you advise how to solve that issue?
I just can advise traders to avoid using this EA with other EAs on account ,as involving on TP/SL of 'others' trades
P.S. I think the issue solved by itself...Time input is GMT time , no broker nor local time,...Explanation and guide ,'Is it pips or points by EA inputs, will clear up later!'
But it takes time. If any members able to help this up, will be good.
To answer your question there:
1. It is using server time, not local. But I can code it to local, let's listen what other members think about this.
2. If it is not within the trading time, message will be given in the journal, that it is outside of trading hour.
3. It is using point, not using pip. (so it can be using for metal trading or cryptocurrency, etc...)
4. It has magic number to distinguish this EA from other EA. The closing of the position in this EA should not close trade from other EA(unless they are same magic number). If it does, please report here. I will then correct it.
By the way the Daily Profit Target function isn't complete though.
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1 month can't see the performance of ea. if you test 1 year the curve is very bad
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Thank you for your kind gesture, friend. I will really appreciate you include martingale in the upgrade version you are going to release. Thank you very much for this.
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thanks for back testing it.
For this beginning stage, may be we can focus on the bugs/error. Then...
We focus on the setting/strategy later see if by changing the setting, will it improve in its performance.
(I will be interested to know about your setting, pair, TF in this back test. It seem losing from the beginning till the end of test.
)
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This demo version already has martingale inside. the setting files was sent in the attachment together with the EA.
i use setting you sent.tf m5 like youthanks for back testing it.
For this beginning stage, may be we can focus on the bugs/error. Then...
We focus on the setting/strategy later see if by changing the setting, will it improve in its performance.
(I will be interested to know about your setting, pair, TF in this back test. It seem losing from the beginning till the end of test.
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to simplify the EA will get a quicker visual test speed. But I afraid so many function included, it may not be fast as we expect it to be in the back test. It shouldn't be a problem in forward test. Alternatively, you can turn off the visual check box.
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It tried to check on my mt4, I don't seem to have this issue.
Does anyone else has the same issue that the TP keep changing??
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Daily Profit Target function: When the profit target is achieved for that day, EA will not open position when signal arrived.
Maximum Position Running: Can be used as martingale max order limit.
Signal Shift function: Shift is added in parameter setting, under "Entry Setting".
Reverse function: Trader can reverse trading now by setting at the parameter under "Entry Setting".
New update EA is in the attachment.
Maximum Position Running: Can be used as martingale max order limit.
Signal Shift function: Shift is added in parameter setting, under "Entry Setting".
Reverse function: Trader can reverse trading now by setting at the parameter under "Entry Setting".
New update EA is in the attachment.
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Can you please make a version for live trading?
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Whoever need a live trade copy, kindly pm me (through conversation button above) your trading account number.
I will send it to you.
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General term and cond for getting a real copy of Expert Advisor.
1. This EA is given free, although donation is welcome, it is free for everyone.
2. It should not be sold, be respectful to the copyright.
3. If you find it useful, and would like to give your friend a copy, kindly invite them to join this forum and pm me for the EA.
4. Your generosity in giving a 5 stars review or positive feedback is much appreciated.
5. Do not blame anyone if EA didn't perform as you expected. It is a community project. Every members contribute their opinion to this EA.
1. This EA is given free, although donation is welcome, it is free for everyone.
2. It should not be sold, be respectful to the copyright.
3. If you find it useful, and would like to give your friend a copy, kindly invite them to join this forum and pm me for the EA.
4. Your generosity in giving a 5 stars review or positive feedback is much appreciated.
5. Do not blame anyone if EA didn't perform as you expected. It is a community project. Every members contribute their opinion to this EA.
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1. Maximum Position Running
The maximum number of position (trade) allow to run at one time.
2. Maximum Position at One Direction
This is the maximum number of positions allow to open at the same direction (martingale not counted in this).
3. Reverse Trading
True: you want to trade the opposite way as the signal gives.
False: you want to trade according to the signal gives.
4. Daily Profit Type & Value
Daily profit is a function calculate your profit of the current day and stop trading when your profit is over your target.
Option “Percent”: (1-100), 1 = 1% of your equity of your account at the starting of the day.
Option “Amount”: 30 = $30 (or your currency).
Example: when your profit of today is over $30, your EA stop trading for the rest of the day and start again tomorrow.
5. This EA using “point” not “pip”.
Example: if your pair is 5 digits (1.12345), 100 will means 10 pips. USD, JPY, Metal, Crypto, or Index, all has different digits.
6. When “martingale” function is true, the maximum position at one direction will automatically set to “1”, and the maximum position running will be the max. order allow. EA should not open more position after reaching the max. position.
7. You can have stoploss while using “martingale” function, but it is recommend that you set stoploss to “0”.
The maximum number of position (trade) allow to run at one time.
2. Maximum Position at One Direction
This is the maximum number of positions allow to open at the same direction (martingale not counted in this).
3. Reverse Trading
True: you want to trade the opposite way as the signal gives.
False: you want to trade according to the signal gives.
4. Daily Profit Type & Value
Daily profit is a function calculate your profit of the current day and stop trading when your profit is over your target.
Option “Percent”: (1-100), 1 = 1% of your equity of your account at the starting of the day.
Option “Amount”: 30 = $30 (or your currency).
Example: when your profit of today is over $30, your EA stop trading for the rest of the day and start again tomorrow.
5. This EA using “point” not “pip”.
Example: if your pair is 5 digits (1.12345), 100 will means 10 pips. USD, JPY, Metal, Crypto, or Index, all has different digits.
6. When “martingale” function is true, the maximum position at one direction will automatically set to “1”, and the maximum position running will be the max. order allow. EA should not open more position after reaching the max. position.
7. You can have stoploss while using “martingale” function, but it is recommend that you set stoploss to “0”.
Hi Tan, thank you for building free ea, could you add trend to the ea, so ea only trades as per trend, never against, also nice option would be to have ability to specify indicator settings in the ea.
Good trend indy is trendTMACGLWMA. I'm attaching trendtma and tma+cg Mladen NRP, as trendtma won't work without tma+cg Mladen.
thx!
Good trend indy is trendTMACGLWMA. I'm attaching trendtma and tma+cg Mladen NRP, as trendtma won't work without tma+cg Mladen.
thx!
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Could you send some screenshots to show that this trend filter can help to get a better entry? Thanks