Thread: PentzParabolic v1.0

Originally Posted by philippe07024

This other demo account with Alpari US MT4Live.com - Share Your MT4 Statements Free does not do as well.
On that one, I trade live the 3 pairs EURUSD, GBPUSD and AUDUSD with EA version 1.4 and last version of parameters except LotSize and LotStep at 0.1 (to mirror FXCM where I have my account) and LotSizeChangeAmount at 50000.

I looked at your statement and it looks like on Jan 11 you changed the parameters so the minimum lot size would be 0.1 instead of 0.3 (I'm guessing you changed the LotSizeChangeAmount to 50000). That will help, and as you can see, it's done ok since you made that change. A $10,000 account using a minimum lot size of 0.1 is like running a $1000 account with 0.01 lot size, borderline having enough money. I'd only trade one pair until your balance reaches $20,000, it will be much safer. Slower yes, but safer.

Paul

Here is the latest AUDUSD set file...

Hi Ppentz today finally i just made a test in my live account

i'm intended to open 5000 us cent account just to test this EA and just made 400 cent by my self.
so im giving a shot to put ur EA in GBPUSD M1 using ur gbpusd set, and set back the lot to 1.0 (the risk is mine. so i know what im doin )

well, just added ur ea about 6am MT4 time and i leave it for a bussiness trip, when im arrived at home (14pm MT4 time) and check it out. LOL, just made from 5400 to 5900..

Its great for today, lets see tomorow.

btw, What exactly ur suggest time frame shud i use for GU EU and AUD..

Thx. Great Master Pieces

Here is version 1.5. This changes the PipIncrement parameter to PercentPipIncrement. As you can tell from the name, it's now a percentage setting rather than the number of pips. It will set the Limit order to be this percentage larger than the Open order. This way the ratio of the open order to the limit order stays the same, rather than decreasing like it did.

For example, the PipSpread setting is 20 and the PercentPipIncrement is 40. 40% of 20 is 8, so the Limit TP will be 20+8 = 28 pips. With the old setting the next Limit to open would have been 28 + 8 (assuming the PipIncrement was set to 8) = 36 pip TP. Now with the new parameter the next Limit size will be 28 + 40% = 39 pips.

Unfortunately this makes the old set files incompatible so here are a couple new ones...

Paul

Originally Posted by adie1976

Hi Ppentz today finally i just made a test in my live account

i'm intended to open 5000 us cent account just to test this EA and just made 400 cent by my self.
so im giving a shot to put ur EA in GBPUSD M1 using ur gbpusd set, and set back the lot to 1.0 (the risk is mine. so i know what im doin )

well, just added ur ea about 6am MT4 time and i leave it for a bussiness trip, when im arrived at home (14pm MT4 time) and check it out. LOL, just made from 5400 to 5900..

Its great for today, lets see tomorow.

btw, What exactly ur suggest time frame shud i use for GU EU and AUD..

Thx. Great Master Pieces

I recommend using the 1H time frame. You're very brave!

Originally Posted by ppentz

Here is version 1.5. This changes the PipIncrement parameter to PercentPipIncrement. As you can tell from the name, it's now a percentage setting rather than the number of pips. It will set the Limit order to be this percentage larger than the Open order. This way the ratio of the open order to the limit order stays the same, rather than decreasing like it did.

For example, the PipSpread setting is 20 and the PercentPipIncrement is 40. 40% of 20 is 8, so the Limit TP will be 20+8 = 28 pips. With the old setting the next Limit to open would have been 28 + 8 (assuming the PipIncrement was set to 8) = 36 pip TP. Now with the new parameter the next Limit size will be 28 + 40% = 39 pips.

Unfortunately this makes the old set files incompatible so here are a couple new ones...

Paul

Thousand thx to you mate. I'll try it soon. TripleThumbup for ur effort for this EA.

Originally Posted by ppentz

I recommend using the 1H time frame. You're very brave!

Thx mate, not very brave thou. I have my live account here purely using my 5pt profit from my main account

Mainly Im trading using manual system from the great thv system. i guess u knowthe system also. but time really priceless. since i used to spent 18 hours in front of monitor being addict to make a pips. now i have to pay those time to my family and social activity. so ur EA really help me out here mate.

Best Regard

Here is an optimized set file for USDJPY.

Originally Posted by ppentz

Here is an optimized set file for USDJPY.

thx mate,

the GU H1 set yesterday friday was given me enough 1000 for 10 hours trading.
still showing great performance for 2 days live trading.

Should the EA be optimised every week, using last weeks data?

As the latest set files fail horribly for the most part, but for the last week or two, they work excellently.