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New EA TRIANGULAR PRICE CORRECTION

Discussion in 'Expert Advisor atau Robot Forex' started by baiter, 14 Dec 2017.

  1. baiter

    baiter Member Credit Hunter

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    Excellent piece of work to both the authors
     
  2. baiter

    baiter Member Credit Hunter

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    thanks for adding money management
     
  3. Leppozdrav

    Leppozdrav Member Credit Hunter

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    Ok, here is a "new" update.

    The annoying message from the start is removed,
    No need for waiting for a tick.
    Trailing stop parameter is added. Each trade can be trailed with prefered start, step and stop trail.
    New version is in the attachments. I guess next week will be a testing period and then, we can take it from there.
     

    Attached Files:

    • Like Like x 2
  4. blackking

    blackking Active Member Credit Hunter

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    Good ea with risk management plan, using trailing stop also as one way to manage profit and risk
    adjusted value trailing stop on high volatile market with 25 I think already good setup
     
  5. baiter

    baiter Member Credit Hunter

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    Testing it now
     
  6. nesta

    nesta Active Member Credit Hunter

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    hi..dear,,
    tf:m1?
    i..cant..bt
     
  7. baiter

    baiter Member Credit Hunter

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    this ea cannot be backtested because of the stream of 2 currencies that is needed
     
    • Like Like x 1
  8. nesta

    nesta Active Member Credit Hunter

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    If it is possible to explain more or setfile and tell which tf I want to test
     
  9. baiter

    baiter Member Credit Hunter

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    tf is 1 m on eur usd but it will work on forward testing only
     
  10. 25blackogres

    25blackogres Member Credit Hunter

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    Guys,

    First of all thank you for your effort and kind will to share your works.

    Did anybody else test the EA last Thursday-Friday ? If yes, how did your accounts survive bull market ? Mine didn't. Even m15 had lack of equity and was destroyed at all.
     
  11. Leppozdrav

    Leppozdrav Member Credit Hunter

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    Hey ,

    You are right, I was also testing this EA (old version) previous week and it blew, couple of my demo accounts. Mostly I was going with the default settings, trading only on 1M timeframe. Although the EA crashed at the end in at least 3 cases, I have never seen EA gained so many profits so quickly as well. So it does have a potential for solid profits. What we are trying to do now, is to figure out some safety nets and apply some money management rules that would fit this EA the best possible way. So it can really survive long term.
    I was testing on friday the latest version with trailing stop and it did quite well, it didn't crash at least. What we should do is try to forward test it as much as possible to find it's weak spots and correct them if possible. I already setup a VPS for the next month, so I can do some live testing.

    Another option in future versions, could also be taking trades only in the direction of daily trend.
    For example if price is below daily open...EA could take only sell trades and vice versa for buy.

    Anyways, keep us updated.

    best rgds.
     
    • Like Like x 1
  12. nesta

    nesta Active Member Credit Hunter

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    hi..dear...anx..
    u..tested..with..capital?
    risk?
     
  13. Leppozdrav

    Leppozdrav Member Credit Hunter

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    I forward test it, on a small demo account of 300$ with this set file.
     

    Attached Files:

    • SET.set
      File size:
      232 bytes
      Views:
      58
    • Like Like x 1
  14. nesta

    nesta Active Member Credit Hunter

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    M1?
     
  15. mkowa

    mkowa Member Credit Hunter

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    This EA opens one trade at the opening of *every* candle. So if you use M1 there will be opened a trade every minute. If the pair is trendy they all remain opened and a MC occurs very likely. It seems H1 is recommended. Then every hour a trade is opened.
     
  16. Leppozdrav

    Leppozdrav Member Credit Hunter

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    Good point, this is why I would also suggest opening trades only in the direction of the main trend, below and above daily open for example.
    I saw the message suggesting it trading on 1H time frame, but since the market is fractal, it might also mean that MC would occur as well on 1H chart...only a bit later.
    But, I did not test it yet on 1H.
     
  17. 25blackogres

    25blackogres Member Credit Hunter

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    Hi Leppozdrav,

    I was testing EA on M15 which withstood the trend the most and two M5-s one with low spread and commissions and one with no comm. and larger spread. The last one without commission did earn more than 100 % in 48 hours. all tree were tested on pepperstone demo. One can say for sure that accounts with commissions are not good for this EA because later when I will attach statement you'll see that half of gain was eaten by commissions. As for M15 at first it was standing strong and gained more than 10% of initial deposit every day during one week but fridays trend was very strong.

    Despite I don't have programming skills and knowledge I have some ideas that you may use or like.

    1. I noticed that before EA will take profit, probably every time it sinks in loss and then recovers itself by price retesting. So if we could invert principle of EA and and instead of buying in some cases make it SELL and vice versa. Could we see the proffit that way ?

    2. As I know, besides EUR USD which is main trading tool there are involved AUD USD and EUR AUD. This shows that main orientation is defined by movement of AUD against EUR and USD.... So, can we use NZD or JPY or CAD or any other index which is less or more volatility so we would be insured from strong rush (As much as it is possible on Forex market..).



    All that from 2018.. And now happy new year guys.


    Hope your work will be paid with green pips one day ;)
     
  18. fredrick troy

    fredrick troy Active Member Credit Hunter

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    works now. thanks.
     
  19. nesta

    nesta Active Member Credit Hunter

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    In my opinion, tp is very small and will not be profitable in the accounts of the commission. I can not increase or decrease tp.
     
    • Agree Agree x 1
  20. 25blackogres

    25blackogres Member Credit Hunter

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    Hi Nesta,

    As i mentioned in case of commissions it will eat half of your profit. Try with no commission, even with larger spread.
    Believe me i tried both and without comm account gains profit even faster.
     
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