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New EA Martialgo EA

Rocky16 said:
If you add much more needed spread filter ( instead of news filter) the EA would benefit way more. Because during the news spread is widening. But also during the unexpected news that are not listed in news sites- like Trump tweets and latest Apple news that caused hundreds of pips drop in many pairs including AJ and EJ. The spread during that news and crash drop was up to 100 pips and on the pairs that have normaly cca 1 pip spread and if your EA would have spread filter there would be no open trades. Without it it would be opening trades with way higher spread and so the distance between orders would not be as per inputs but much smaller and this would be causing additional not needed DD or even blowup.

There is also daily changover where spread is widening 4-5X relative to normal spread and it lasts up to 2 hours each day. So I see this filter as much more important
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Really Appreciate about you suggestion . i will add this in next update. Thanks
 
blackking said:
Choosing a broker with fixed spread might resolve a problem
but seems this ea only for specific broker
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No it will not because fix spread is on average much bigger cost then ECN account with low spread +comission. Because comission you pay only at entering the trade and spread you pay twice- when getting in and when getting out.

Example EU fix spread cost 2 plus 2 pips equals 4 pips at fix spread and ECN 0.2 pips plus comission 7 $ per lot means 0.7 pips which is 0.9 pips at entering and 0.2 pips at getting out togeher cost ECN 1.1 pips compared to 4 pips at fix spread account is almost 4X difference in cost at just one transaction. You either sound like newbie or have hidden agenda promoting a broker....my honest opinion.
 
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Adslking said:
cool you are right but what value you would say to put in spread filter? 5 or more? you added a spreadfilter?
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Depends on the pair and broker.
If you trade for example at ICM EU pair 0.5 pips spread filter would be enough to get all normal spread orders. Crosses and minors have higher normal spread so you input a bit higher value , but still prevent spread going nuts and EA entering the trade.
 
because i dont know if i sould use this more risky martialgo (because of drawdown and bust of my account) or better the Algo TDI EA ..

if there would be some kind of security like spread filter in combination with news filter then i dare to use it live with 1000 $ account... and monitor the open trades.. if to much is open i close manually
 
Im
Adslking said:
do you add a spread filter?
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Adslking said:
because i dont know if i sould use this more risky martialgo (because of drawdown and bust of my account) or better the Algo TDI EA ..

if there would be some kind of security like spread filter in combination with news filter then i dare to use it live with 1000 $ account... and monitor the open trades.. if to much is open i close manually
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Which pair you said busted your account. And which version. For the update i will wait to hear other peoples oppenion regarding the EA. Not good doing toofast update. Need more people there sudjections. And this is a test version to modify something new. Spread filter is one option to add. It dosent mean if you bust the account during this week. Even with spread filter you might do the same. There is nothing holly gril here. Only trying to grab the pip with taking the risk traders need to be smart. This ea is just a tool. It trade both side with the trend and against the trend. And there is a time filter on ea. If you can select a pair and time that pair in range. Thats is the best time and pair to trade. If you run this EA all the time even with anyfilter ot can make money or burn the account. This is only to use as a tool. And very close monitor. Not some thing set and forget
 
i know that traderasb since the big crash some time ago.. this EA DIDNT crash my account everything is nice! and fine!

it busted only my account when some time ago without news the price broke out..

and the bust of my account was on M1 EA .. it got updated to M15 .. since then nothing happend! perfect!
 
so far ea good job but other feedback will help to more improve the result in future .ea not human as set and forget
 
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