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New EA Good Arrow Indicator EA

Last week, I ran the Rev A which I downloaded from the original thread and it burst my FBS Cents demo account with 100K capital, EURUSD, GBPUSD, AUDUSD and EURJPY, the latest lot size opened was 20.52 !!!

Be careful with Grid + Martingale EA.

Because you used Risk Percentage. Need to use Fix lot and better rev. B with settings uploaded
 
Hey Matthew, How is the recovery going? Will give it a try dude, seems a martingale EA though.

I am trying different settings... so many parameters it is difficult to find a good combination - but it is so FLEXIBLE having many parameters that it is possible to find a KILLER setting... like Longnlx1601 MQL signal: that is phenomenal - except it is Demo!

I think I will go back to the Preset that is included in the files from my OP.

I think our search for the ultimate EA is over RIGHT HERE!
Please don't forget to thank the original creators, especially Mr Tanaka for his programming of this!

Let us change the world NOW! :ok::clap::rock::cool::party::)

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Looks good for me in all pair and 1M TF, can someone share test ??
THX FOR SHARE dude!
EDIT: I speak too fast lol, an eco news just dead my demo acc to 3000$ to 0$ in 5 mn...
You need to fix that
I will test it again with 5% risk and not 20%

Last week, I ran the Rev A which I downloaded from the original thread and it burst my FBS Cents demo account with 100K capital, EURUSD, GBPUSD, AUDUSD and EURJPY, the latest lot size opened was 20.52 !!!
Be careful with Grid + Martingale EA.

As redhawk has repeated a few times already, use Fixed Lot instead of Risk.
Also, you don't have to use the Martingale, there are other options in the parameters if you just spend a minute to study and think about them.
Please, you can try the Preset files others may share (including the one I gave), but test and try your own. You never know if you will find something that works even better!
It is a massive task for one person to test every combination on their own, so it is best if people try their own strategy and share their results here!

May the best settings win!

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where broker do you use? use news or not? share set file pls :)

Can you please tell me the pair and tf and send your set file sir please thank you

This EA is quite flexible with the choice of many parameters, it could be set as a:
  • news scalper
  • Asian scalper
  • high-frequency EA
  • trend EA
  • grid-martingale EA
  • mean-reversion EA using RSI, BB, Stochs, PSAR, etc.
...and more

There does not seem to be a limit to this EA. I suggest start on Demo and:
  • focus attention on ONE PAIR only - use a Major pair for minimal spreads
  • test different combinations of settings
  • kill strategies that fail after a week, share and swap strategies that work
  • eventually combine multiple successful strategies on one Real account
The ultimate setup could be to use this EA on only ONE PAIR, but having five or ten charts with different strategies (different Magics generated automatically in RevC) all trading at once!

PS. If your strategy is losing money, try the Reverse function and see if it starts making money!

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What do you think about this setup?
Trading EU only - looks promising!

This Preset features:
  • no entry filters
  • stop only on High Impact News
  • fixed Lots (no martingale)
  • with Trail and BreakEven
Some parameter values are changed from default.

I have eight Real accounts with true-ECN broker IC Markets. If you have any improvements you would like me to try, suggest it here and I will share my results and the Preset file with you all! Let us succeed in this together!

You can backtest and optimise in Strategy Tester many times.
You can forward test on a Demo account forever.
But nothing compares to true results on Real money.

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For traders that need to customise their trade Magics due to conflicts with other EAs (or for personal reasons), here is a version Mr Tanaka whipped up in five seconds today!

Please show your support and thanks to Mr Tanaka for his ever-efficient and helpful assistance to all of us!

His donation link is here: https://bit.ly/2BwJ2Tk
 

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I'm using that and just shared.

Your Preset is slightly different to the one included in the zip:
I am testing your Preset and the original Preset on separate accounts to compare.
It will also be interesting to compare results between your broker FBS and my broker IC Markets.
Testing begun as of now.

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Hi all,

This thread is dedicated to the EA called "Good Arrow Indicator EA":
https://soehoe.id/i-will-make-a-free-ea-with-your-indicator.t9801/page-680#post-304494

All credit goes to:
  • Mr Tanaka Akiko, who helped program this EA
  • BBubai, who provided original concept, indicators and testing
  • numerous SoeHoe members that have contributed by their testing and ideas
Please share your results, ideas for improvement, strategies, settings, etc. here for the betterment of HGEA.

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Thank you for the initiative, and have created this theme, so everything better and clearer. I start testing
 
Your Preset is slightly different to the one included in the zip:
I am testing your Preset and the original Preset on separate accounts to compare.
It will also be interesting to compare results between your broker FBS and my broker IC Markets.
Testing begun as of now.

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Ok, but I don't use FBS for this Test... I'm using in a Roboforex Demo account. This week I have also BsTrend in the same account (EU pair), I just removed. so we can compare results in the next week. How many pairs are you using?
 
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