Haven't finished reading the thread....
But firstly thanks to with this excellent contribution.
It looks simple, but so it looks promising.
IS THERE AN EA MADE YET???
If not, I can make one right away.
Let me know...
Haven't finished reading the thread....
But firstly thanks to with this excellent contribution.
It looks simple, but so it looks promising.
IS THERE AN EA MADE YET???
If not, I can make one right away.
Let me know...
I'd try that following EA is coded. Bear with me, please.Originally Posted by ;
I believe that I coded the EA right.
But the backtests demone that it is far from becoming profitable in accore with the rules.
I will upload the EA once I get it . It is a crap.
I really don't understand what my EA's problem is.
One query:
Should I wish to put a LONG on Wednesday 00:01 am, I have to get a EMA cross signal that has:
1. Monday EMA5 lt; Monday EMA8
2. Tuesday EMA5 gt; Tuesday EMA8
Are these 2 conditions enough to get a valid cross? Or I also need...?
Please see the attached chart.
About 2008 July 25 00:01 AM, the EMA crossed on the prior day (July 24th, with a red arrow on top). In July 25's 1st minute, the machine entered a short trade.
That afternoon, as you can see (with a red vertical line), is a reduction, when closed in the conclusion of day.
Then gbpusd fall 2400 pips with no cross. But I would be outside of market anyway. That is unbearable due to such a trend-ching system.
Where am I incorrect at?
Hello Charvo. I believe that your logic is solid. I for one expected a few signficant drawdown, so I believe that your EA did exactly what I would have expected. would understand better of course, and I'll take another look at your chart.Originally Posted by ;
I'm pretty certain that this EA is faithful to the 1st post along with the EMAcrossSignal.mq4 which dreamliner provided.Originally Posted by ;
Nevertheless, it isn't so profitable, and with big drawdowns.
EA is here, anybody interested, may backtest and enhance it.
Utilize defaults, that's original rules. I found that not final at the end of day could be in fact profitable sometimes (set CloseSwitch = untrue ).
, for the backtests, do you have additional information about how many trades? Or exact?
Thanks.
https://www.forexsoutheast.asia/atta...3715766931.ex4
https://www.forexsoutheast.asia/atta...2105506319.mq4
Hello,
that I backtested the EA that was published earlier in the thread. If I assess it using EMA short=3 and Long=8 and 0.1 lot size it functions always pretty nicely but it can happen that I've one fatal loss which results in a margin call. How can that happen?
I tested EUR/USD from Jan 1st 2008 to Jan 1st 2009. Loss occurs in October.
Maybe someone could explain me that behavior.
Thanks,
Thilo
P.S.: I attached the file in the Last post one more time. (it is not from me)
https://www.forexsoutheast.asia/atta...2036614722.mq4
First off, margin calls may and will happen at any given time... Nature of the monster for trading... second... did you over extend on you equity or even free margin... so when a trade goes against you. . Margin call will be triggered to pay your own account expenses? ... So cash management is essential for any transaction... consistently have enough in the account for every trade to pay for margin call... less likely to get a margin call. . .hopes this helps ... ...Originally Posted by ;
I understand that money management is very crucial. I was wondering if someone looked already nearer within this EA and may tell me why it doesn't stop out in any given stage? (especially in the EUR/USD instance )Originally Posted by ;
If I change the EA and include a Stop loss in every order that the machine generates not profit but goes slowly down to a zero balance.
Any advise? Since the EA differently performes really great I'm very interested in this particular question.
Thanks,
thilo