New EA EA X_TRADE

[muhama]

Hi Muhama,

I already put V7 on following pairs: Gbpusd, Gbpjpy, Eurusd, Eurjpy. All pairs use 4H timeframes, and use Default settings.

No trade yet. Maybe, next Monday.

Still waiting for your further explanations to my above questions in order to set up your V7 properly.

Thanks and have a nice weekend !

James

Hi Muhama,

1. Finally, V7 is released today. Congratulations for your hard work to make this version released soon.

Can you please post the backtesting results on GU and EU to see max drawdown and profit factor, etc ? Thanks a lot for kind sharing.

2. Again, for this version, we will use V7 on timeframe: 4h alone ? or m5 ? which timeframe is better in our own opinions?

3. Which pairs do you suggest us to forward-test this version V7 on? Eurusd, Gbpusd, Xauusd, Xagusd, Gbpjpy, Eurjpy ? Which one has produced highest profits with low drawdown in your Backtesting and Forward-testing results on demo account?

4. Final question: If I wish to reduce the risk % or increase risk %, then, which settings do I need to change ? Please kindly post screenshot.

+ I attached this V7 on Eurusd, and it modified the Stop loss of Anan Scalping ea. Why did this happen ? Can you add Magic number so that this ea only control its' own trades, and do not modify any trades of other eas ?

Thank you very much again. And have a great winning day !

James

Sorry late reply. Pair that I recommend is the EU / USD TF H1. setting standards drawdown below 10%, and now I'm discussing Drawdown and Magic Number with Developer. By setting the standard minimum deposit is $ 100, if you want to elevated lot then the deposit is increased.
The following results of backtesting.

 

[muhama]

Thx share EAnya Mas Muhama, Saya coba ft demo di IC extraderG4 hasilnya cukup bagus. Kalo untuk real IC beneran kurang recomended ya? Kalau untuk pepperstone avg spread EU brp Mas ? saya lihat di myfxbook kok lumayan besar ya?

memang bagus di ft demo ic, namun kata pembuatnya di rill beda jauh floating spreadnya. di peperstone rata2 spread 0.3-1,6

 

[muhama]

Hi Muhama,

I already put V7 on following pairs: Gbpusd, Gbpjpy, Eurusd, Eurjpy. All pairs use 4H timeframes, and use Default settings.

No trade yet. Maybe, next Monday.

Still waiting for your further explanations to my above questions in order to set up your V7 properly.

Thanks and have a nice weekend !

James

setting a minimum distance of 30-40 in the pair EU / USD. max spread 20-22. The other pair minimum distance 45-100 and spread 25-35. Also note the pair level StopOut

 

[muhama]

Hi Muhama,

Can you help me to modify the ea in my following thread: https://soehoe.com/re-profitable-on-eurusd-m30.t1001/ ?

Thanks a lot for your kind help.

James

i will help you

 

[Trading Bagus]

wah EA nya sudah update ke versi 7, ijin download ya gan....nanti hasil test nya ane share disini.

 

[muhama]

silahkan, mohon dibantu tes ya...

 

[James Phuc]

Hi Muhama,

Your EA preparation is very well-done, and thorough. I believe it will be very profitable consistently as long as we have good preset files that can make this ea sustainable to all market conditions.

I have set up as per your above settings on Eurusd, h1 timeframe. May I ask you some questions as follows:

1. Open distance = 40. This means 4 pips, right ? I adjust it to 60.

2. What is the meaning of "MinVarPip" and "MaxVarpip". Default setting on Maxvarpip is 1000, but in your above screenshot, it is 850. If we change this value Smaller / Bigger than 1,000, what will happen to this ea's trading style?

3. MaxLoss = 0.05. Does this mean risk % is 5% per trade, right ? So, if we want to increase risk %, we just increase this value? and if we want to reduce risk %, we just reduce this value smaller than 0.05, right ?

4. This ea contains some Martingale method, but it seems safer than most other Martingale ea, as I understand from the many settings. Good idea.

5. How does this ea read the Trend ? I mean what indicators does it use to read TRENDS, and then, place trades ? Stochastics, RSI, CCI, etc ?

On Gbpjpy and Eurjpy, because these 2 pairs move stronger in one direction, I adjust Open distance = 160. Others are as default.

Have a nice weekend !

James

 

[muhama]

Hi Muhama,

Your EA preparation is very well-done, and thorough. I believe it will be very profitable consistently as long as we have good preset files that can make this ea sustainable to all market conditions.

I have set up as per your above settings on Eurusd, h1 timeframe. May I ask you some questions as follows:

1. Open distance = 40. This means 4 pips, right ? I adjust it to 60.

2. What is the meaning of "MinVarPip" and "MaxVarpip". Default setting on Maxvarpip is 1000, but in your above screenshot, it is 850. If we change this value Smaller / Bigger than 1,000, what will happen to this ea's trading style?

3. MaxLoss = 0.05. Does this mean risk % is 5% per trade, right ? So, if we want to increase risk %, we just increase this value? and if we want to reduce risk %, we just reduce this value smaller than 0.05, right ?

4. This ea contains some Martingale method, but it seems safer than most other Martingale ea, as I understand from the many settings. Good idea.

5. How does this ea read the Trend ? I mean what indicators does it use to read TRENDS, and then, place trades ? Stochastics, RSI, CCI, etc ?

On Gbpjpy and Eurjpy, because these 2 pairs move stronger in one direction, I adjust Open distance = 160. Others are as default.

Have a nice weekend !

James

1.yes
2.this is the low and high level of the candle on timeframe, when the movement of prices touched bottom or top line then EA will open a position.
3.if you changed to 0.01-0.02 will be error.
4.for more safer, you can chaged to IncLot1=2,IncLot2=3,InchLot3=4 and soon but will be error if leave it to zero.
5.i think this ea open when speed movement outside as usual.
yes,if to close always touch SL.

 

[James Phuc]

Hi Muhama,

Thanks for your very clear explanations. Now, I can guess why Eurusd and next pair is Gbpusd are the best pairs with high win % and high profits. Usually, any pairs that are related with Jpy like Gbpjpy and Eurjpy are often unexpectedly moving up and down, and so, often hit stop loss. So, now, I understand this matter, and maybe, I will adjust the Open distance = 200 - 250 for better results on these 2 pairs. I will FT for 1 week to see whether Open distance = 160 is suitable or not. If good, I will report it to you.
If not good, I will adjust to 200 - 250 and FT for another week, then, I will report to you, etc until we can find optimized set files for these 2 pairs.

Because I FT on demo account, I want to see how much risk it is with default IncLot1, 2, 3, 4, etc first. Once we have best preset file for each pair on Eurusd, Gbpusd, Gbpjpy, and Eurjpy, then, I will use it on my live account, and I will adjust the IncLot later.

This EA really has GREAT POTENTIAL. Let's FT it and try our best to improve it much better, more profitable with lesser drawdown.

+ By the way, please kindly try to have some free time to help me with my request on the EA I posted. It also has potential to make big profits, too. Thanks a lot.

Nice Sunday !

James

 

[muhama]

Hi Muhama,

Thanks for your very clear explanations. Now, I can guess why Eurusd and next pair is Gbpusd are the best pairs with high win % and high profits. Usually, any pairs that are related with Jpy like Gbpjpy and Eurjpy are often unexpectedly moving up and down, and so, often hit stop loss. So, now, I understand this matter, and maybe, I will adjust the Open distance = 200 - 250 for better results on these 2 pairs. I will FT for 1 week to see whether Open distance = 160 is suitable or not. If good, I will report it to you.
If not good, I will adjust to 200 - 250 and FT for another week, then, I will report to you, etc until we can find optimized set files for these 2 pairs.

Because I FT on demo account, I want to see how much risk it is with default IncLot1, 2, 3, 4, etc first. Once we have best preset file for each pair on Eurusd, Gbpusd, Gbpjpy, and Eurjpy, then, I will use it on my live account, and I will adjust the IncLot later.

This EA really has GREAT POTENTIAL. Let's FT it and try our best to improve it much better, more profitable with lesser drawdown.

+ By the way, please kindly try to have some free time to help me with my request on the EA I posted. It also has potential to make big profits, too. Thanks a lot.

Nice Sunday !

James

I had sent ea to developers, and is awaiting an answer. when according to his ea is not good, he would not continue the process.

 

[James Phuc]

Hi Muhama,

I finally could see this EA V7 placed trade yesterday and today.

I had around 50% win rate, but the winning profit - losing money = Winning money, because the lot size is double or even triple than the lot size on losing trades. This EA seems a GREAT WINNER EA.

From your last account on myfxbook, what lot size did you set up on Ini lot size ? Default setting is 0.02 lot, and it made very little profit. Only made 0.70 usd to 1.50 usd per trade with Ini lot size = 0.02

So, after some winning trades yesterday, I set up Ini lot size = 0.2 lot size on 3k usd. So, according to your experience, with 1k usd, what is the suitable Ini lot size ? Please explain.
If we want to control Max drawdown around 40% - 50% maximum, then, with 1k usd, what is the Ini lot size should we set up ?


Waiting for your explanations soon

Thanks a lot

James

 

[muhama]

Hi Muhama,

I finally could see this EA V7 placed trade yesterday and today.

I had around 50% win rate, but the winning profit - losing money = Winning money, because the lot size is double or even triple than the lot size on losing trades. This EA seems a GREAT WINNER EA.

From your last account on myfxbook, what lot size did you set up on Ini lot size ? Default setting is 0.02 lot, and it made very little profit. Only made 0.70 usd to 1.50 usd per trade with Ini lot size = 0.02

So, after some winning trades yesterday, I set up Ini lot size = 0.2 lot size on 3k usd. So, according to your experience, with 1k usd, what is the suitable Ini lot size ? Please explain.
If we want to control Max drawdown around 40% - 50% maximum, then, with 1k usd, what is the Ini lot size should we set up ?


Waiting for your explanations soon

Thanks a lot

James

be careful with the first and second open position because of the possibility to win only 50% of open positions also infrequent. to overcome this I setting LotIni = 0:01, IncLot1 = 2, IncLot2 = 10, IncLot3 = 20
as shown below.

 

[sirawit sunya]

c

Hi Muhama,

I finally could see this EA V7 placed trade yesterday and today.

I had around 50% win rate, but the winning profit - losing money = Winning money, because the lot size is double or even triple than the lot size on losing trades. This EA seems a GREAT WINNER EA.

From your last account on myfxbook, what lot size did you set up on Ini lot size ? Default setting is 0.02 lot, and it made very little profit. Only made 0.70 usd to 1.50 usd per trade with Ini lot size = 0.02

So, after some winning trades yesterday, I set up Ini lot size = 0.2 lot size on 3k usd. So, according to your experience, with 1k usd, what is the suitable Ini lot size ? Please explain.
If we want to control Max drawdown around 40% - 50% maximum, then, with 1k usd, what is the Ini lot size should we set up ?


Waiting for your explanations soon

Thanks a lot

James

hello bro can u share investor password or myfxbook thanks

boss

 

[muhama]

c

hello bro can u share investor password or myfxbook thanks

boss

This one account rill me, actually not want share. but since EA that I share related to money then I will show a few moments.
https://www.myfxbook.com/portfolio/muhama2/1296743

 

[sirawit sunya]

th

This one account rill me, actually not want share. but since EA that I share related to money then I will show a few moments.
https://www.myfxbook.com/portfolio/muhama2/1296743

thanks a lot bro and this is v7?

 

[muhama]

th

thanks a lot bro and this is v7?

yes, i little profit but safe.

 

[Imran Sarwar]

asalam-o-alikum dear muhammad
i like this EA very much, i deployed on live standard account.
EU, GU, UJ 15 min charts.
I dont like demo accounts anymore so i use live account.
it took 3 trades until now, all positive. Alhamdulillah
i want to know more about the parameters of this robot, please guide me and help me.
if there is any kind of guide or reference please send me link of just brief the paramters.
what is your favourite timeframe for this robot, please recommend.

 

[muhama]

asalam-o-alikum dear muhammad
i like this EA very much, i deployed on live standard account.
EU, GU, UJ 15 min charts.
I dont like demo accounts anymore so i use live account.
it took 3 trades until now, all positive. Alhamdulillah
i want to know more about the parameters of this robot, please guide me and help me.
if there is any kind of guide or reference please send me link of just brief the paramters.
what is your favourite timeframe for this robot, please recommend.

just a little lot setting, a little profit and i'm just waiting a new update of this ea. i will tell you soon.

 

[Athallah123]

Ijin ukut nyicipi Gan.. makasih..

 

[Imran Sarwar]

just a little lot setting, a little profit and i'm just waiting a new update of this ea. i will tell you soon.

Sir, please share the latest version whenever it get released. I will be waiting for the latest version. Currently I am usin it on standard account with very small profit ratio.