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Thread: Show us your best expert advisor

  1. #141
    Junior Member
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    Quote Originally Posted by dave_rimmer View Post
    hi have found this ea to be very profitable but it will not work for small lot size of 0.01, can anybody modify please
    I'm beginner to forex. I have just done some backtest on PowerFX and was sooo amazed by the straight line profit. However, I have always seen that the profit will always get wiped out at the end of the period. Then I finally understand the methodology behind. Starting from the period, the EA will firstly decide whether buy or sell. Here i take it as buy in my explanation. The EA will keep on hitting TP when its in upward trend. However, when the trend change, the last 'buy' position that has not hit TP will leave open... until don't know how many days, weeks or even months later, when the price returns to that TP, then EA will close position. This really scary though, as if the price does not go back to the TP before you hit margin requirement, then your so called profit will get wiped out, and you are back to the beginning.

    I firstly thought it was a type of martingale system. But actually it didn't double up. It is only leaving the position open until the price goes back. I think this EA will actually work in live or demo (I haven't tried, and i think i won't try too ), as long as you believe the price will eventually return to that TP level.

    As I mentioned, I'm still new to forex. Not so sure if it works like this. Correct me if wrong.


    Happy Trading, guys!

  2. #142
    MechXTrader
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    EAs are subject to extreme over-optimization. The forward-testing results are that matter.

  3. #143
    Junior Member forex9's Avatar
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    Arrow forexflash...your ea??

    Quote Originally Posted by FOREXflash View Post
    Ea is extremely simple(trades by candle formations), but
    I broke my balls to code probably my best advanced trails along with
    hiden TP & SL. Trades have a safety SL if something happens.....
    MM is using max 5% of deposit(compounding).
    If you look at the TP and SL, you will see that my
    SL is smaller than TP!!!

    I attached some tests for various tf, all profitable with max DD of 5%.
    The pic here is 100usd, H1 test, for last 4 years, but using 50% risk!!!
    I guess that 100 bucks to some 10milions is worth a risk

    Test this(EURUSD 1hr TF)
    DO NOT CHANGE THE VARIABLES!!!!!(IT IS OPTIMIZED)
    i am getting a "testing period os over contact forexflash" message when i installed your ea, do you sell this ea? or will it still work?
    have you posted a full version on the site somewhere? if so can you send a link to it.
    thanks,forex9

  4. #144

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    GLFX Expert Advisor - Auto Optimize EA - Page 2 - Forex Trading

    anyone out there interested in figuring out this GLFX EA? It looks pretty interesting to me and has opened some great trades, the issue is I have no idea what the settings should be or how to optimize it.

  5. #145
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    I spent considerable time with the GLFX EA...even contacted the coder and exchanged a few words. Very complicated and difficult to run. Setup requires cloning the EA directory within itself while running two instances at the same time in order for the auto opt. to work. Also saves best results of opts to an excel file for future reference when auto optimizing. Complicated stuff, very neat and intrigueing, but way over my head at this point in order for me to use it in a live or even demo environment. Good luck and let us know if you make out with it.

  6. #146
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    Default Platinum$ DEMO

    Run this EA on 5M any symbol. Results are amazing. I never purchased any EA's, but this one I might consider if I knew how to find the owner/author. Anyone know who wrote this or have any ideas on how it might be reversed engineered?

  7. #147
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    Heres an EQ from above EA:

    Show us your best expert advisor-01-2009-07-10-gif

    5M chart from Sept. 1999 - Present. Starting base equity 3K. Trade size .10 lots, no compounding.
    Attached Images Attached Images Show us your best expert advisor-01-2009-07-10-gif 

  8. #148

    Question Just a little suspect - however --

    Quote Originally Posted by danbarn3 View Post
    Run this EA on 5M any symbol. Results are amazing. I never purchased any EA's, but this one I might consider if I knew how to find the owner/author. Anyone know who wrote this or have any ideas on how it might be reversed engineered?
    Had a quick load up,
    1st bit - shows as: Copyright 2009, Aliaksandr Mikhailouski (try a google)
    while sitting in my ea folders in MT4.

    2nd bit - Has the following settings when saved to a set file:
    StepChangeIf=(1.12340)SteptoStart=200,SteptoCover= 1000,SteptoRecover=1200
    MartM=-------------Martingale Management
    SS=--------------------------Settings to start
    SteptoStart=20
    FirstLot=0.10000000
    STL=----------------Settings to cover loses
    SteptoCover=100
    CoverLot=0.30000000
    IncLot=0.00000000
    TP=-------------Target Profit for all open order
    MinProfit=5.00000000
    slippage=6
    RL=When to use extra mechanism to cover floating losses
    RecoverLosses$=100.00000000
    SteptoRecover=120
    StochSt=---------------Stochastic Settings
    Kperiod=5
    Dperiod=3
    Slowing=3
    Value_of_up_level=85.00000000
    Value_of_down_level=15.00000000
    Magic=2008

    Watch out for the martingale at 2.
    Where did you find it ?

    cheers bt2

  9. #149
    Administrator funyoo's Avatar
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    Quote Originally Posted by danbarn3 View Post
    Run this EA on 5M any symbol. Results are amazing. I never purchased any EA's, but this one I might consider if I knew how to find the owner/author. Anyone know who wrote this or have any ideas on how it might be reversed engineered?
    Hi danbarn3,

    You can not post a commercial EA. Attachment deleted.

  10. #150
    Junior Member
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    Sorry funyoo, just started posting here. Since it's a demo and "protected" I thought it would be ok to post.

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