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Thread: DT-ZigZag-Lauer EA

  1. #1
    Administrator funyoo's Avatar
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    Default DT-ZigZag-Lauer EA




    DT-ZigZag-Lauer
    EA.

    EU H4. depth=6. SL120 TP450. Add_Positions=false.

    Total net profit : 37.38%
    RDD : 28.79%
    Attached Images  
    Attached Files

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    Thanks for making this. Is it possible to backtest this without any order send error 130 or ordersend error 4051?

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    Quote Originally Posted by FXGEN View Post
    Thanks for making this. Is it possible to backtest this without any order send error 130 or ordersend error 4051?
    Here is another version of this EA.
    Attached Files

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    Thanks funyoo. I still have ordersend error 130 when TP is 20 and SL is 50. If I do not use a TP or SL there is no error.

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    Quote Originally Posted by FXGEN View Post
    Thanks funyoo. I still have ordersend error 130 when TP is 20 and SL is 50. If I do not use a TP or SL there is no error.
    The error is maybe generated by your broker as I have no error with these settings.

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    Strange, yes. When forward testing this EA is it normal for trades to not close out by the stop loss? All trades that close out in a loss have never closed out by a stop loss. I think this is a bug. I am testing this on a 5 decimal broker so have added the additional digit for correct setting.

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    Quote Originally Posted by FXGEN View Post
    Strange, yes. When forward testing this EA is it normal for trades to not close out by the stop loss? All trades that close out in a loss have never closed out by a stop loss. I think this is a bug. I am testing this on a 5 decimal broker so have added the additional digit for correct setting.
    With a 5 decimal broker, you have to multiply the TP SL TS by 10. Also, note that the EA will close an order when an opposite signal will appear.

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    Thanks for the info. I didn't know it closed on the opposite signal. This must be why SL is not always closing trades then.

    Could you please make DT ZZ Lauer into a separate window so it can be used as a bar indicator instead of being on the main chart? This is so that I can see it without having to zoom out fully. I know this is not a problem on H4 charts but when I am using it on lower time frames in a system for manual trading it is a problem.

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    I have started to demo trade this EA once again. It is still making many trades for each DT ZZ Lauer signal instead of only one trade. See my attached chart image for this.

    Also when I disable the AddPositions option I notice no difference in trading, what is this parameter for?

    It would be nice to have this EA trade higher lots but it never does, I enabled money management and set the lot size to a higher amount but it is still trading 0.10 lots. If this modification is made it would be good to have a maximum lot size parameter as well, because when money management is used it is useful to limit the risk this way even if the account size is large enough to handle trading high lot sizes.

    Also, may I add that, without the EA using a complete trade method with some rules for entries and possibly more rules for exits then it will inevitibly make unprofitable trades because it trade many time on each candle instead of trading just once per signal - issued. Perhaps these modifications would be best made and used in the xpMA ZZ Lauer EA.
    http://www.tradingsystemforex.com/ex...zigzag-ea.html

    I set max trade from 100 down to 1 now, so hope this will ensure only one trade is made at any one time, my concern though is that it may execute orders at any time during the signal instead of at the beginning. Other than this the only way forward would be to make the EA into a complete trade method.
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    Last edited by FXGEN; 01-06-2009 at 04:04.

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    Quote Originally Posted by FXGEN View Post
    Thanks for the info. I didn't know it closed on the opposite signal. This must be why SL is not always closing trades then.

    Could you please make DT ZZ Lauer into a separate window so it can be used as a bar indicator instead of being on the main chart? This is so that I can see it without having to zoom out fully. I know this is not a problem on H4 charts but when I am using it on lower time frames in a system for manual trading it is a problem.
    Here it is : http://www.tradingsystemforex.com/in....html#post2742

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