Here is another version with the magic number that should be ok.
Thanks funyoo, EA works fine on backtests.
Trailing stop feature reduces drawdown. Attach backtests.
Will upload to VPS and post live results. Thanks again!
Hi Nic, I also had trouble with the 2 .dat files (they were empty when extracted) and my computer for some reason thinks they are movies despite me telling it they're not...
The BIGGER problem could be with IBFX, their service has been TERRIBLE and getting worse. I closed my live accounts Monday because NUMEROUS times they'd go into no order execution mode sending every request back to me for over an hour saying "Off Quotes"....despite Max deviation set to 10 and rebooting the computer numerous times. I had to CALL them to close my trades.. (My other brokers had no problems) IBFX said server problems were to blame...but it's been happening too often... they've also been delaying order executions blatantly.
After testing it live, I made a little inclusion to magic number code provided by funyoo. Magic works fine in live account. Attached is the EA.
I have tested close to 100 EA´s, free and commercial, for the past 9 months. This EA provides incredible back tests.
Tested on live account, I saw its strategy. It opens a trade (long or short) and after a few minutes it hedges it opening the inverse position. With such strategy, you can leave alone the EA to open trades any directions it likes to. And when volatility like in the GBPJPY arises, then account will multiply by 12 in a month. To good to be true? This is what I try to find out.
But since original version (the ones first posted at the beginning of this tread) EA has a problem. By default the inverse_position_open_? Function is enabled to “true”. When you set this to false, to disable the hedging feature, it generates an: ArrayInitialize function error.
I already contacted the property link of the EA, and they answered is not theirs and that they would need someone outside to program it.
Greatest thing of this bot is that in order to get the incredible back testing results, in any pair and timeframe (the dreamers universal multipurpose EA?) , there is no need to tweak the 6 moving averages it has; only the fast and slow MACD signals.
With TS added by funyoo, now there is control over drawdown in real situations. So, the dream is almost true.
But, for using this in real account, it will be prudent to fix the Array Initialize function (I believe it has something to do with the resize of the array).
Also have to evaluate the “hidden SLTP” feature; not sure yet how it works.
Will keep you all informed on progress on my testing in live account.
Thank you all, especially funyoo.
I would appreciate, if possible, some suggestion.
Thank you and best regards.
In order to function properly, this EA has to create the two dat. files required by the base; once you enable the base feature inside the settings, it creates them. They locate in the tester\files folder. They are available in one of funyoo´s earlier posts.
EA opens trades like a devil. I am currently evaluating functionality, not profit. Works fine with funyoo´s trailing + magic code; which I copied to original EA (without Martingale) to test. EA trails correctly, and only closes it own trades, not others. And after the creation of the dat. files, no more array errors.
I optimize only fast and slow MACD signals, take profit and stop loss; after that the trailing feature to optimize drawdown
Attach original EA with trailing + magic. Fine job, funyoo, many thanks again.
Last edited by Forexpal; 04-10-2009 at 08:11. Reason: Typo correction