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Thread: Ilan1.4

  1. #31
    Administrator funyoo's Avatar
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    Quote Originally Posted by Patrice1981 View Post
    I see at my backtesting that in the beginning, everyting goes right, I make profits. And then, after like 100 trades, he suddenly keeps them open and at the end of the test, he closes them with huge loss. That's why I always have a crash at the end. Can't I change it so he continue trading like the first 100 trades ?

    Regards,
    Patrice
    That's what happen when the sl is too large and the lot management too aggressive. Do some optimization to find a better set.

    Strategy tester > Expert Properties > Inputs

    Then check a box, set the start value, the step and the stop value. Each time, you will take the best parameter and will continue with another box. You can check all the box at the same time, but you will need some billions to buy a super computer, like this one :



  2. #32
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    Thanks, I will try it out!

  3. #33
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    Default It's a type of martingale EA

    Hello people,

    Ilan1.4 is a type of martingale-EA and it will crash any account sooner or later. You are able to find some settings by backtesting which work for the past, but there is no guarantee at all that this will work in the future. My experience with these EAs is, that it lasts 3-4 weeks until
    a market condition arises that crashes your account, even with settings which worked for the last year.

  4. #34
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    JStein,

    Do all martingale systems crash the account eventually? If so, how can they be used and what is the value in backtesting such systems?
    We will never know when is the right time to start the EA. It may either crash the account or build profits when started at different times.

  5. #35
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    Dear Traders,

    This Ilan1.4 EA is real money machine when it is optimized perfectly. I just tried to optimize something and he gave great result in Alpari Live Demo. I am testing it since 01/12/2008 since 16/12/2008 (just 12 trading days) it almost doubled the amount ($10000 to $19150 )

    For further please mail me at anaan1@yahoo.com

    Regards
    Anand

  6. #36

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    Quote Originally Posted by anand1268 View Post
    Dear Traders,

    This Ilan1.4 EA is real money machine when it is optimized perfectly. I just tried to optimize something and he gave great result in Alpari Live Demo. I am testing it since 01/12/2008 since 16/12/2008 (just 12 trading days) it almost doubled the amount ($10000 to $19150 )

    For further please mail me at anaan1@yahoo.com

    Regards
    Anand
    Hi Anand
    Do you run live account?

  7. #37
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    Hi Fxea,

    I run this live in Alpari Demo account, until now there is no problem evrything is smooth with the setting, but when i test it in Interbank
    demo account it gives completely different result.

  8. #38
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    Quote Originally Posted by xxxxxman View Post
    JStein,

    Do all martingale systems crash the account eventually? If so, how can they be used and what is the value in backtesting such systems?
    We will never know when is the right time to start the EA. It may either crash the account or build profits when started at different times.

    Hi JStein,

    No all martingale systems don't crash often, IF, you have atleast 10k to 15K and a small lot size as much as possible.

    Say for 10K choose 0.01 size it give you amazing results.

    LITTLE DROPS OF WATER MAKES BIG FLUDS

    Anand

  9. #39
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    Hello,

    I let ILAN go for 24 hours on my demo-account and it maked about 25 positive trades of 10 pips BUT

    When I came back, there was a trade with a pip-value of "-325". How is this possible? How does ILAN calculate when to stop? Does someone else had the same problem ?

    Greetings,
    Patrice

  10. #40
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    well here is my test with this EA, the best i could get was AUDUSD on the 1 min chart but could only get a 24% model quality for some reason that is the highest it will go for me, no matter what i do, i have tried everything but can not get it any higher.

    I am using the defult EA with the stoploss and with a take profit set at 5 not 10
    Attached Images Attached Images Ilan1.4-testdemo-jpg 

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