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Thread: EURGBP King

  1. #1
    Administrator funyoo's Avatar
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    Default EURGBP King

    EA source : EURGBP easy and profitable EA - Forex Trading

    Optimization report.

    EG M5.
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  2. #2
    Administrator funyoo's Avatar
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    EG M5, best presets. Since august 2008.

    Magic=1010; Lots=0.1; MM=true; LotsPercent=20; MaxLot=100; MinLot=0.1; SL=21; TP=21; Start=19; End=11; RSI_PERIOD=14; RSI_TF=5; RSI_BUY=30; RSI_SELL=70; RSI_BUY_Zera=40; RSI_SELL_Zera=60; Compra=true; Venda=true;

    MDD : 14.84%

    Ratio : 18.12 (Profit Factor/MDD)
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  3. #3
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    Quote Originally Posted by funyoo View Post
    EG M5, best presets. Since august 2008.

    Magic=1010; Lots=0.1; MM=true; LotsPercent=20; MaxLot=100; MinLot=0.1; SL=21; TP=21; Start=19; End=11; RSI_PERIOD=14; RSI_TF=5; RSI_BUY=30; RSI_SELL=70; RSI_BUY_Zera=40; RSI_SELL_Zera=60; Compra=true; Venda=true;

    MDD : 14.84%

    Ratio : 18.12 (Profit Factor/MDD)

    I think this can be one of the best EAs one could wish for.
    I have an ea, that looks a bit like this, but with some features. That ea is the only one I use, for it brings in a constant stream of money.

    .So this ea need to be pimped:
    .MM is needed;
    Fridaynotrading as an extern is needed to turn of fridaytrading over volatile weekends;
    .A hidden SL and hidden TP are needed;
    .After a loosing trade it must be possible to triple (or more) the lotsize for there were never two losing trades in a row for years..
    . A trailingstop
    For the forumreaders it would be great to have this coded. Unfortunaly I am to stupid for that.....

    I have attached some statements, and believe me, this ea is trading the same as this in live! Unfortunately this EA is commercial, but when the King EA is altered the way I suggested, it is the same!
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    Last edited by roodstaart; 12-08-2008 at 15:34. Reason: add some things

  4. #4
    Administrator funyoo's Avatar
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    Quote Originally Posted by roodstaart View Post
    I think this can be one of the best EAs one could wish for.
    I have an ea, that looks a bit like this, but with some features. That ea is the only one I use, for it brings in a constant stream of money.

    .So this ea need to be pimped:
    .MM is needed;
    Fridaynotrading as an extern is needed to turn of fridaytrading over volatile weekends;
    .A hidden SL and hidden TP are needed;
    .After a loosing trade it must be possible to triple (or more) the lotsize for there were never two losing trades in a row for years..
    . A trailingstop
    For the forumreaders it would be great to have this coded. Unfortunaly I am to stupid for that.....
    Hi roodstaart,

    Here it is.

    Don't forget to share your strategy tester and demo detailed statements.
    Attached Files

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    Administrator funyoo's Avatar
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    Quote Originally Posted by roodstaart View Post
    I have attached some statements, and believe me, this ea is trading the same as this in live! Unfortunately this EA is commercial, but when the King EA is altered the way I suggested, it is the same!
    Thanks for this update.

  6. #6
    Member mike58's Avatar
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    Quote Originally Posted by roodstaart View Post
    I think this can be one of the best EAs one could wish for.
    I have an ea, that looks a bit like this, but with some features. That ea is the only one I use, for it brings in a constant stream of money.
    roodstaart


    Can I ask the name of this EA and where you bought it from?

    thanks

  7. #7
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    Hi!


    EA: EURGBP King (modified)
    TF: 5 min
    Symbol: EURGBP

    I maked backtest for period from 2005 to 2008 years. And this is results:

    Name:  2005-2008.jpg
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    Default King of Drawdown????

    Yeah jerrimix had the same aweful drawdown from my backtests. Both EA neither performed well with different backtest period i just conducted.

    Well dont know how funyoo optimized his settings to get that marvelous result but i'm sckeptical about this EA's credibility.

  9. #9
    Administrator funyoo's Avatar
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    Quote Originally Posted by Onyebuchim View Post
    Yeah jerrimix had the same aweful drawdown from my backtests. Both EA neither performed well with different backtest period i just conducted.

    Well dont know how funyoo optimized his settings to get that marvelous result but i'm sckeptical about this EA's credibility.
    As you can see, my optimization has been made only on a short period (since august 2008).

  10. #10
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    Quote Originally Posted by funyoo View Post
    As you can see, my optimization has been made only on a short period (since august 2008).
    Dear Funyoo,

    I seen, but I think that short period of optimization is not good optimization method. In my experience, if EA show not good results on period about 2-3 year - it's not working I don't advice to setup this EA to real account.

    PS: sorry for my English

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