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Suggestion FiboActiveBot - good tool with EA possibilities.

Reo Wijaya said:
Hello there bro, if i set filter as true...does it mean the EA will only take trade if the arrow and the filter is in sync ?

So lets say the arrow is blue, but the filter line is red...the EA won't open any position

When both are blue or both are red, then it will open position, is this correct ?

Thanks
Click to expand...

Hi Reo, nice to hear from you

1) Yes, if you set filter on true... that EA will take just arrow in same direction. (filter blue means buy, than only buy arrows will be
taked for orders. Red will be ignored).

2) when both blue ot both red - than you get an order. Right

Stay safe
 
Andy,
A suggestion on Lo2X. Instead of true or false. Should allow user to define the factor.
So zero or one means no Lo2X(or Lot2x=false), but user can specify 1.5 or 2 or 3.15 or 0.5 etc, depending on the risk appetite.
 
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Andy4Rum said:
Hi Reo, nice to hear from you

1) Yes, if you set filter on true... that EA will take just arrow in same direction. (filter blue means buy, than only buy arrows will be
taked for orders. Red will be ignored).

2) when both blue ot both red - than you get an order. Right

Stay safe
Click to expand...
Hi Andy!!
I reading there all post. And I saw all positive.Thanks your hard work. And please send me too full version of FAB EA.
My email: f[email protected]
Thanks!!
 
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locatradey said:
Andy,
A suggestion on Lo2X. Instead of true or false. Should allow user to define the factor.
So zero or one means no Lo2X(or Lot2x=false), but user can specify 1.5 or 2 or 3.15 or 0.5 etc, depending on the risk appetite.
Click to expand...

Yes, sounds good... I feel that such type of lot compensation is better... at least, you can make it a bit smaller - just to reduce risks or
make higher if this suitable for the strategy you follow.

Good idea, thank you.
 
Andy4Rum said:
Yes, sounds good... I feel that such type of lot compensation is better... at least, you can make it a bit smaller - just to reduce risks or
make higher if this suitable for the strategy you follow.

Good idea, thank you.
Click to expand...

Yes, just sent you a version to try. Anyway, be careful and original idea was to use it as semi-auto tool (it allowed 2 trades on auto).
That was an idea - to allow it to trade under traders control, but be able to stay away from the computer for a while...

You can try any combination,
Thanks
 
Andy4Rum said:
Yes, just sent you a version to try. Anyway, be careful and original idea was to use it as semi-auto tool (it allowed 2 trades on auto).
That was an idea - to allow it to trade under traders control, but be able to stay away from the computer for a while...

You can try any combination,
Thanks
Click to expand...
Thanks. I received the file.
İ test it and share results.
 
Andy4Rum said:
Yes, just sent you a version to try. Anyway, be careful and original idea was to use it as semi-auto tool (it allowed 2 trades on auto).
That was an idea - to allow it to trade under traders control, but be able to stay away from the computer for a while...

You can try any combination,
Thanks
Click to expand...
Hi Andy,

Related to this, I found that 2x only applies once. I explain myself: for example let’s sat that I start with lot 0.02 and it touches SL (ends in loses), next trade lot will be 0.04 what it’s working fine, but if this second trade also touches SL I would expect 0.08 for next trade and so on until a trade in profit is finished and after the cicle would start again with 0.02. But in reality it does 0.02, 0.04, 0.04... and always 0.04 until it restarts when a trade with profit is done.

I think that the behaviour for the base version makes sense because it is only supposed to use with only 2 trades in a row but with your custom version I don’t think it should work like that... what do you think?

Thanks again for you great work!
 
Poiah said:
Hi Andy,

Related to this, I found that 2x only applies once. I explain myself: for example let’s sat that I start with lot 0.02 and it touches SL (ends in loses), next trade lot will be 0.04 what it’s working fine, but if this second trade also touches SL I would expect 0.08 for next trade and so on until a trade in profit is finished and after the cicle would start again with 0.02. But in reality it does 0.02, 0.04, 0.04... and always 0.04 until it restarts when a trade with profit is done.

I think that the behaviour for the base version makes sense because it is only supposed to use with only 2 trades in a row but with your custom version I don’t think it should work like that... what do you think?

Thanks again for you great work!
Click to expand...

I have asked about this before, yeah basically this EA is not a martingale system so it won't keep multiply the lot

Lotx2 is just a way of compensation...thats all

But i think it should be nice if can add one more parameters like "continue to multiply : true/false"

So we can choose whether to keep on multiply or just do 1 time lotx2

Just my thought...

Basically if you guys found the best pair and settings pls kindly share here so it will save some time for other members to test it

Thanks
 
Poiah said:
Hi Andy,

Related to this, I found that 2x only applies once. I explain myself: for example let’s sat that I start with lot 0.02 and it touches SL (ends in loses), next trade lot will be 0.04 what it’s working fine, but if this second trade also touches SL I would expect 0.08 for next trade and so on until a trade in profit is finished and after the cicle would start again with 0.02. But in reality it does 0.02, 0.04, 0.04... and always 0.04 until it restarts when a trade with profit is done.

I think that the behaviour for the base version makes sense because it is only supposed to use with only 2 trades in a row but with your custom version I don’t think it should work like that... what do you think?

Thanks again for you great work!
Click to expand...

This is to reduce risk.
If using your option as suggested, then you will need another setting "maxLotSize". Otherwise users who start with 0.2 will have 1.6 lot after 3 consecutive losses. (0.2, 0.4, 0.8, 1.6). So if set maxLotSize to 1.0, this means it will go from 0.2, 0.4, 0.8, 1.0,1.0,1.0.... etc to protect your account without keep increasing the lot size.
 
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loverhh said:
This is my review for this thread:
nice work.. and good support! andy continue so!
Click to expand...

Thanks a lot for feedback, it means a lot to me.

Thank you for all comments about lot multiplayer. I like the idea... and even add the Martingale - why not, my purpose it
to make it work for many traders... and everyone chose right options for themself. Looks like time for V.3 :)

I'm a bit busy these days, but I will reply to comments soon today... but in brief - I'm agree with all things above! Thank
you!
 
Poiah said:
Hi Andy,

Related to this, I found that 2x only applies once. I explain myself: for example let’s sat that I start with lot 0.02 and it touches SL (ends in loses), next trade lot will be 0.04 what it’s working fine, but if this second trade also touches SL I would expect 0.08 for next trade and so on until a trade in profit is finished and after the cicle would start again with 0.02. But in reality it does 0.02, 0.04, 0.04... and always 0.04 until it restarts when a trade with profit is done.

I think that the behaviour for the base version makes sense because it is only supposed to use with only 2 trades in a row but with your custom version I don’t think it should work like that... what do you think?

Thanks again for you great work!
Click to expand...


I'm not a big fan of martingale, but I would try too. It seems to me that a well-thought-out option like the one described is completely safe and even useful! Thank you for your work.
 
Andy4Rum said:
Thanks a lot for feedback, it means a lot to me.

Thank you for all comments about lot multiplayer. I like the idea... and even add the Martingale - why not, my purpose it
to make it work for many traders... and everyone chose right options for themself. Looks like time for V.3 :)

I'm a bit busy these days, but I will reply to comments soon today... but in brief - I'm agree with all things above! Thank
you!
Click to expand...

Hello brother, just some suggestion if u plan to add martingale

Pls also add one more parameters "maximum number of martingale"

So we still can think and decide how many times it will do martingale

Example if set "3" , it will only do martingale 3 times

0.01 lot
0.02 lot
0.04 lot

Then it will stay at 0.04 lot

Just my thought

Thanks
 
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