Thread: Neutral Trading EA

An EA inspired by the Belkhayate forex neutral trading strategy.

The Zero Lag Macd has been modified. It is not needed by the EA.

The EA is designed for EU, GY, EG, UY, timeframe M5. But you can try it on other pairs combinations.

Know you are busy and try my best to figure things out on my own here.

However need to understand what these settings mean:

extern int breakevengain = 0; // is this a pip lock?
extern bool TradeAt9Only = FALSE;
extern bool filter = FALSE;

Also can this ne back tested properly or is it dependant on all the other currency inputs?

Pheniox

Originally Posted by Pheniox

Know you are busy and try my best to figure things out on my own here.

However need to understand what these settings mean:

extern int breakevengain = 0; // is this a pip lock?
extern bool TradeAt9Only = FALSE;
extern bool filter = FALSE;

Also can this ne back tested properly or is it dependant on all the other currency inputs?

Pheniox

Hi Pheniox,

breakevengain : if difference between the price and the order open price is higher than breakevengain, then we enable the breakeven.
TradeAt9Only : the EA will only trade at 9 am.
filter : enable/disable the time filter.

Originally Posted by Luther_Blissett

Can you give us some more information about this EA funyoo?

Does it need to be trained?

Does it use multiple currencies to look at if it should trade?

Can it be backtested?

Would it be possible to see the mq4 code?

You can find the information about the main strategy here :

http://www.tradingsystemforex.com/id...-strategy.html

Yes it uses multiple currencies to get a signal.

No, it can not be trained or backtested.

Here is the mq4 code.

Originally Posted by Luther_Blissett

Should each pair use the same, or a different magic number?

Yes you can use the same. A different magic number is only needed if EA attached to two charts of a same pair, with different settings.

Originally Posted by Luther_Blissett

Thank you for that Funyoo. I am forward testing it and had a successful first trade.

I was using the equity stop, which worked perfectly - however; the EA re-entered its positions almost immediately after closing them at equity-takeprofit.

Could something be coded in to have it only trade once per signal? Either a time delay, or until the trade signal is no longer valid.

Thank you for the coding.

Hi Luther_Blissett,

Ok, here it is.