Are you using demo or real?
New EA SyTLAS EA / Multi-currencies MT5 EA
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Are you using demo or real?
Hello Ionene,
In fact, this behavior that you have mentioned on your post is just ONE of the possible scenarios of results that a trader may have since the moment that an account is initiated with a Sytlas EA working overthere.
In my vision, this situation of having possible different performance scenarios was expected, simply based on the kind of Strategy developed and gently shared by Symphoenix: the Sytlas is based in the correlations between all the 8 currencies and, consequently, the PARITY existent between the 28 currency pairs at the moment that the EA is being initiated and, consequently, the performance that will be generated from that moment on will be impacted by many factors.
Believe me, I had cases that I initiated two trading accounts with Sytlas, at the same Broker, VPS, parameters, etc, but with a difference of just two hours, and the results of these two accounts are being completely different.
And even upon this characteristic of being "unprecitable" and or "chaotic" this behavior of the EA may be interesting, of course depending on the creativity and capacity of the trader in dealing with this.
My percepction is that the Sytlas EA is a very promising concept but, as Symphoenix has mentioned previously, as everything in this World, there are allways room for improvement.
As an Old Master of the "Forex Algorithmic Trading" told a few years ago...
"Much more important than the POWER of the EA itself, is the WAY that the Trader develops to use it and achieve consistent profits."
Best Regards,
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YUT KASINUBON
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View attachment 90499
This is the result of a live test with conservative settings started 2019-06-18.
I don't think this qualifies for the crappy EA award...
But I agree on one point : there is some room for improvement !
Cheers
To all the fellows of the thread, sharing a few results with Sytlas V 1.7
Account type: LIVE Cent Account - Leverage 1:1000 (new trading account opened and funded specifcally for Sytlas tests)
Initial Balance: USC 1.000,00 (equal to USD 10,00)
Date of Initiation: June 26th, 2019
Total Net Profit : USC 115.61 ( equivalent to 11.5% over the initial balance, in 7 days of trading. Not bad !!! )
Current Floating P/L: USC - 48.14
Account type: LIVE Cent Account - Leverage 1:1000 (new trading account opened and funded specifcally for Sytlas tests)
Initial Balance: USC 1.000,00 (equal to USD 10,00)
Date of Initiation: June 26th, 2019
Total Net Profit : USC 115.61 ( equivalent to 11.5% over the initial balance, in 7 days of trading. Not bad !!! )
Current Floating P/L: USC - 48.14
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Hi HAL9000,
What's your broker? And what type of your account mode? Netting or Hedging? And do you change the EA settings? Special the MN_BUY ,MN_SELL and Comment? Thanks.
Hello Rickcui,
This live trading account is running in FBS Broker: MT5 Cent Account in HEDGE MODE (FBS do not offer Netting Mode).
It is an interesting option because they offer a MT5 Cent account with a high leverage (1:1000).
However, the point that we have to pay attention is that the maximum number of Open Orders which is just 200.
Hello FBS, increase this limit up to 5.000 simultaneous orders as one of your competitors offer to their clients !!! LOL.
Fortunately, until now, in the tests that I am performing, the highest number of simultaneously opened orders had been around 140, but I don´t now if there is a possibility of a much higher number of orders denpending of the market conditions.
The only adjustment that I do in the parameters is increase the Slippage from 5 to 8.
The Magin Numbers and comments I edit only under specific situations.
Best Regards,
I got it, thank you!
And about the "Profit Daily Weekly Monthly" section, are these value shown correct on your chart every day?
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Nice results, thanks for sharing.
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No the interface does not display correctly for me but I usually close out positions manually maybe it would display correctly if I didn't intervene.....not sure. Do you close out positions in profit manually too?
The profit value not correct if I change the magic number and comment, the EA open positions again and again until the margin is required, and I am not close any position in manual, these days I use the default setting to test, the profit calculate correct and not open more positions, all looks well, so I wonder maybe has some bugs in magic number and comment function.
I test SyTlas with different Moving Average settings for maximum drawdown. With a deposit of 2500 units, the drawdown reached 1500 units, that is 60%. So 500 Edinet deposit is not enough.
Which Moving Average settings were the best for you?
Did the drawdown improve after reaching 60%?
Period 1 = 14, Period 2 = 21, Period 3 = 100. With such settings I test a little time, there is still not enough data for conclusions.
Yes.
Just keep in mind that a deposit of at least 2000 units is required. I am testing on a real cent net netting account.