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New EA Share your Idea about this EA (EA Attached)

MrZara said:
Hej Eatrades. From my point of view your EA does not need any big improvment, because is trading good enough. Is working really good on CHF pairs, because they like to trend more, so you can catch really good moves with trend. On the other hand, the EA loves spikes, he can recover really easy a 5% DD in a day or two, if he get's huge move in direction of the trend.
Now btw, he loves spikes but not the ones that are taking the high and low out in the same day. There is no way you can avoid that, or maybe you should put a News Filter and see how it behave. Another fall in the profit it's simple , a stop loss or two when the moves of the market are too slow and EA cannot see the trend changing.
INFO : A faster TREND FILTER would help a little more, because with my settings and TF is trading like a Breakout EA.
Personally, i do not have a problem with some DD , as long as it's under 10% , and on a year period time ( Back test) it can produce between 25- 50% /per pair... + compounding that's more than enough to get a phone call from BlackRock !


Again, i'm talking from my point of view, from my setting and, from my own Time Frame Trading...
If no indicator is repainting, or this guy is not reading history then , EA is an excellent one !

Note : Forward testing : Live account : 2k x 4 pairs / 0.01 lot/ pair.
Let's see how it goes.

Cheers m8 and thank you. for that hope you bring back in people's life.
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ionone2 said:
this is probably a scam (trading times stored inside the Compiled code for major pairs)

I tried on USDTRY and it lost

here is my reverse engineered EA.
As you can see, it doesn't behave as his EA (also see the file size difference ?)
Click to expand...
I have tried this EA. but there is no entry lot
 
ionone2 said:
you're right, my bad, i didn't add it because I just did to test it out the EA
but now I added it :
and I also added a shift for the indi computation (put 0 to test latest bar)

all i'm asking is that if you find a good setfile then please post it for everyone thanks
Click to expand...
Thanks for your work ionone2 ;)

Result is not the same. EA with more than 200k bytes is suspicious, I think is a history reader and trades from bottom and top price.....
 
ionone2 said:
it doesn't read history, because you need to use DLLs to do so, and it would show when you put the EA on a chart (before clicking OK)
due to file size, I think it just has perfect trend dates when i reverses and then trades from there using a bogus strategy. really easy to do actually
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Well.. if that's the case then it's almost identical to a history reader, because ea will executed the trades using a " perfect time and place, that's why that ea behave like a holy grail on a backtest. Is that what are you trying to say? So it's meaningless to dig more into this ea and strategy, because it's a waste of time. Real test will never be the same with backtest.
 
ionone2 said:
what it does is analyse each forex pair, and put the dates when perfect trend reverses.
for example :
datetime times[] =
{D'2010.02.10 13:57',
D'2010.02.10 19:03',
D'2010.02.11 04:22',
D'2010.02.11 10:24'};
and so forth.
at each date correspond a change in trend.
that way it has perfect info of the incoming trend, and usually trades with a crappy strategy to disguise the subsequent perfect trend

that way the data is stored within the EA resulting in often big compiled files, which is an indication of a possible scam
Click to expand...
I don't understand why the owner of this ea build ea like this .. well I know it's a free product, but it's not good to lure people to put their trust on this ea, spend time backtesting it, and some of them already use it on their real account. By the way, do you take a job for reverse engineering another ea? I will pay for that if you agree to do it.
 
Hi, I have seen your reverse engineering and your code that you have shared. You just simply used the indicators as beginners use. You calling yourself a reverse engineer but you have removed almost all the conditions in the EA, it doesn't even change the chart colors, it doesn't put comment on chart. So it clearly means that you have just uploaded a totally an other bogus EA and claiming that its reversed. Actually you haven't reversed it but uploaded an other bogus EA to look for people who can pay you for reverse engineering and then you scam them by getting paid by them. that is the reason you are shouting continuously in this thread more than any body else in the thread. So don't do that, if you can really reverse it and show the similar code, i will support you that you are right, and then you will be able to get paid by other people. so for now, stop shouting that you are doing reverse or anything. one of the person has shared their forward test results very clearly. You can see them, that would be shameful for you.
 
One more thing is that, there is nothing to do with the code when you have a EA that is working perfectly. So i am not selling anything and trying to get paid by others like you are trying to do so. So its for free, you can't call it scam because no body has to pay anything for it to be scammed. its free and its everybody's choice whether to use it or trash it.
 
eatrades said:
Hi, I have seen your reverse engineering and your code that you have shared. You just simply used the indicators as beginners use. You calling yourself a reverse engineer but you have removed almost all the conditions in the EA, it doesn't even change the chart colors, it doesn't put comment on chart. So it clearly means that you have just uploaded a totally an other bogus EA and claiming that its reversed. Actually you haven't reversed it but uploaded an other bogus EA to look for people who can pay you for reverse engineering and then you scam them by getting paid by them. that is the reason you are shouting continuously in this thread more than any body else in the thread. So don't do that, if you can really reverse it and show the similar code, i will support you that you are right, and then you will be able to get paid by other people. so for now, stop shouting that you are doing reverse or anything. one of the person has shared their forward test results very clearly. You can see them, that would be shameful for you.
Click to expand...
Actually... your EA's is very good.... i used it
 
eatrades said:
Hi,
I have created a EA that look for trend using 4 main indicators like Moving Average, MACD, RSI and CCI. It goes really great but still i need some other people who can help me to make it better by their suggestions.
Please check and share your valuable suggestion.
Thanks.
Click to expand...

Thank you for sharing
This EA is very promising in the backtest. I have marked two positions in the backtest with two red vertical lines. A buy position and a sell position...
Please explain what happened? What is their logic?

scalping.jpg
 

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