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Thread: Ilan1.4

  1. #271

    Default

    Yep i know. But I never saw ilan working without drawdown on a curve on 1m charts.
    Russian trader

  2. #272
    Junior Member
    Join Date
    May 2009
    Posts
    4

    Default ver. 1.6

    Version 1.6Pro works well on audusd 5Min chart.
    19/2/09 to 30/6/09 about 4 months backtesting. I know the accuracy is low but gives a very good indication.
    Starting at $5,000
    Attached Images Attached Images Ilan1.4-testergraph-gif 

  3. #273

    Default 1.6

    Hello Sydney2000


    please send me this 1.6version+set.

    thanks
    csino

  4. #274

    Default concerns

    Folks, i've been spending alot of personal time on this one, months in fact, and now, it has come down from regulatory authorities that soon we will longer be able to have multiple open positions, which Ilan needs. The new MT5 will no longer support multiple open orders also. Even in an email from FXCM, they said that even modifying an open order won't be allowed (?). Could it be they don't want us to make money? They only pretend to....

    So, the concern is, I think one has to adjust this code for Ilan, so that the same TP will be calculated and averaged, knowing that, for example, X number of previous orders have closed .

    Anyone have ideas or a solution for this impending change?

    SP.
    "If you took everything I've accomplished in my life, and condensed it down to one day, it'd be decent." -- George Costanza

  5. #275
    Junior Member
    Join Date
    Mar 2009
    Posts
    1

    Default ILLAN 1.4 on MT4 Build 225

    Hi all,

    I was testing illan 1.4.When i was testing on build 224 it was working fine without any errors in experts column.
    The same without changing any settings i run it on build 225 MT4,i get Error:0 in Experts column.

    Does anyone know how to fix it or does illan 1.4 supported on build 225 ?
    If it doesnt support build 225 can i use it in 224build without upgrading & does it have any disadvantages in long run.

    Thanks
    VinodKumar

  6. #276
    Junior Member
    Join Date
    Jun 2009
    Posts
    1

    Default

    Quote Originally Posted by sydney2000 View Post
    Version 1.6Pro works well on audusd 5Min chart.
    19/2/09 to 30/6/09 about 4 months backtesting. I know the accuracy is low but gives a very good indication.
    Starting at $5,000
    Hi Sydney2000
    Is there a write-up which describes Ilan 1.6Pro and do you know if it will still be able to run on Australian broker sites with all these FDA changes going on in USA? I also read somewhere that Meta Trader 5 will probably not allow multiple orders on one pair in a way that these Ilan's will work.

  7. #277
    Junior Member
    Join Date
    Aug 2009
    Posts
    1

    Default

    Hi Friend

    How to setting This EA TF ? which time EA trade ?

    Thank

  8. #278
    Junior Member
    Join Date
    Jul 2009
    Posts
    5

    Default

    I've started testing Ilan 1.6.Prof6.full on two demo accounts for a few days, and so far it's showing good results. I'm using Alpari UK accounts, so the FIFO rule will not be a problem going forward.

    Does anyone know what Pro6.full version differ from before?

    One idea here, if Funyoo or someone could modify it to trade and manage a busket of related or unrelated currency pairs, it could produce a desireable hedging effect, if trading in different directions on related pairs. That could help to reduce the maximum DD

  9. #279
    Junior Member
    Join Date
    Jul 2009
    Posts
    5

    Default

    aopancake,

    I think Ilan's stability is not too sensative to TF, as it tracks only the price movement. However, it does call on the previous two bar's close prices for part of the trade decisions, so you can speed it up on sideways market by using M1 and slow it down in a strong trending market by switching to H1.

  10. #280
    Junior Member
    Join Date
    Jul 2009
    Posts
    5

    Default

    Sorry I have to take my previous post back. Ilan calls iRSI(14) for its trading direction decision - sell if RSI(14) > 30, and buy if < 70. Please check ln 140 in the code.

    Actually that logic puzzles me, since if RSI(14) is in between 30 and 70, both directions would qualify, so which one to take then? We will have to ask Funyoo for the answer.

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