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Note that the manually restart is only when the EA close all by "Global TP" if the EA close 2 correlated trades by TP1 or TP2 it don´t need to be restarted, it continue working normally.
New EA Correlation EA Pro (MT5)
- Thread starter Automagico
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Remember: only change the pairs from the EA´s SET, not only from the panel, after you change the EA´s Set pairs you must check if the panel has the same pairs, if not: change the Panel pairs manually before start trading with "START".
Can you share this setting? I use the home page settings, but the trading currency pair is different from yours.
Can you tell me how to set the size of the trading hand? Thank you。
For example, I use 500 dollars account, just want to trade lots=0.01.
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Hello Xiaofeiyu, I don´t know if I understand your questions very well but I will try to answer your the better that I can...please read becareful:
1) you can modify everything, and all the pairs, I recommend you not change all the parameters, only choose the right pairs, this is the most important thing; also you must set the TP, TP2, Average, Global Take Profit, and Global Stop Lose like USD (or the account currency).
Barras Base is the large period, from this period the EA take the info, and the Barras Actual is the actual period, for example: if you choose "PeriodoBase= 1 hour" and "BarrasBase = 240" that mean that the EA will calculate the correlation from 240 hours; if you choose "PeriodoActual = 1 hour" and "BarrasActual= 24" the EA will compare the correlation in 240 hours (Base) with the correlation of 1 day (24 hours) of the actual correlation.
In MT4 you can only test it in forward test, that is the reason because I make the MT5 version to test it in backtest and find the best pairs set.
2) I will upload one of the last set files, I don´t know if it is the set that you ask but is a good set to start, you must study and test others sets please.
3) ok, do you use MT4 or MT5 version? the MT4 version is "myoverlay" and the MT5 is only "overlay"; I recommend you not active the overlay feature in the set file or in the EA´s set, is not very good feature in the set but it help very much for the internal work of the EA to know if the price is up or down.
4) If you use 500 usd and you want only 0.01 for start lot you must set:
Start Lots 0.01 and in "Stake" you must put 500.
Regards
1) you can modify everything, and all the pairs, I recommend you not change all the parameters, only choose the right pairs, this is the most important thing; also you must set the TP, TP2, Average, Global Take Profit, and Global Stop Lose like USD (or the account currency).
Barras Base is the large period, from this period the EA take the info, and the Barras Actual is the actual period, for example: if you choose "PeriodoBase= 1 hour" and "BarrasBase = 240" that mean that the EA will calculate the correlation from 240 hours; if you choose "PeriodoActual = 1 hour" and "BarrasActual= 24" the EA will compare the correlation in 240 hours (Base) with the correlation of 1 day (24 hours) of the actual correlation.
In MT4 you can only test it in forward test, that is the reason because I make the MT5 version to test it in backtest and find the best pairs set.
2) I will upload one of the last set files, I don´t know if it is the set that you ask but is a good set to start, you must study and test others sets please.
3) ok, do you use MT4 or MT5 version? the MT4 version is "myoverlay" and the MT5 is only "overlay"; I recommend you not active the overlay feature in the set file or in the EA´s set, is not very good feature in the set but it help very much for the internal work of the EA to know if the price is up or down.
4) If you use 500 usd and you want only 0.01 for start lot you must set:
Start Lots 0.01 and in "Stake" you must put 500.
Regards
Even I manually restart the EA or MT5 client, the EA still doesn't trade.
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show me a print of your set and your panel please.
The EA only trade the blue square, if there are blue square and not trade is because in the set you have some filter actived working, like:
- MinDistance: this is the min distance in pips that must have both prices, if there are less pips between both prices the ea don´t open orders.
- Enable bands: if this is actived, the price must to be breaking the bollinger bands, this option is disable by default, I recommend not use it.
I use mt4. to thank you for your reply. I will try to continue testing.
I restarted the EA and still get the error message "array out of range in 'CORRELATION EA PRO MT5". I have manually remove the chart(e.g. EURUSD) and use another chart (GBPUSD) to start the trade. I believe EA should be automatic and don't need an option to manually restart the EA. Thanks!
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Thank you friends,
well, at the beginning, when you start trading and attach the EA, it has to perform the calculations and then start with the orders, so there is a START button so there is more control and the EA does not start firing before making those calculations respective. This happens every time the EA is attached to the graph and every time one changes the SET of the EA.
After that: the EA does not need to be restarted, unless it closes all operations with a "Global Take Profit".
One more thing, if very short TPs are used it is possible that the EA gives losses by the speed when closing both operations, since it closes one at a time and in that process it can be that the price moves in the other order and causes a total loss
well, at the beginning, when you start trading and attach the EA, it has to perform the calculations and then start with the orders, so there is a START button so there is more control and the EA does not start firing before making those calculations respective. This happens every time the EA is attached to the graph and every time one changes the SET of the EA.
After that: the EA does not need to be restarted, unless it closes all operations with a "Global Take Profit".
One more thing, if very short TPs are used it is possible that the EA gives losses by the speed when closing both operations, since it closes one at a time and in that process it can be that the price moves in the other order and causes a total loss
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I started a new forward test with the attached set file, this is the signal: https://www.mql5.com/es/signals/439339
In this case the EA check all each 5 seconds.
In this case the EA check all each 5 seconds.
Please give me a version that can be used for real account transactions. Thank you.
I use 2000 cents to trade. Can you give me a setup at the same time?
