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Thread: Simple ea with new idea.....

  1. #1
    Junior Member
    Join Date
    Aug 2011
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    4

    Default Simple ea with new idea.....

    Dear Funyoo,

    please see to it....

    i want to have an simple ea to run on metatrader4 platform

    please find the attachment...

    concept is :

    A SIMPLE CONCEPT OR YOU CAN SAY IT AS A SIMPLE STRATEGY TO MAKE SMALL AMOUNT OF MONEY EVERYDAY WITHOUT WIPPING THE ACCOUNT ….. THE STRATEGY CAME INTO MY MIND FROM AN ALREADY DEVELOPED EA NAMED THE 4XCASH COMPOUNDER ….



    SO THE STRATEGY STARTS HERE…

    THE EA WILL WORK ON BOTH SIDES I.E., (BUY AND SELL) WITH TAKE PROFIT OF 70 PIPS AND STOPLOSS OF 95 PIPS

    THE ORDERS WHICH ARE IN THE MIDDLE OF THE 25 PIPS AREA MEANS AT THE 12.5 PIPS SHOULD HAVE THE TAKEPROFIT AT 82.5 PIPS AND STOPLOSS AT 82.5 PIPS.

    AS SOON AS THE EA PUTS AN ORDER OF 0.01 LOT ON BUY OR SELL SIDE IT WILL PUT AN PENDING ORDER OF 0.02 LOT ON THE OPPOSITE DIRECTION AND THE DIFFRENCE BETWEEN THE BUY 0.01 LOT AND THE SELL STOP PENDING ORDER WILL BE 25 PIPS AS PER 5 DIGIT BROKER.

    EXAMPLE : (0.01 LOT ON THE BUY SIDE – 25 PIPS DIFFERENCE AND THEN THE SELLSTOP ORDER 0.02)

    THE EA WHICH WAS DEVELOPED EARLIER (4XCASH COMPOUNDER ) DID AS SOON AS THE EA EXECUTES THE 2ND ORDER (0.02 SELLSTOP ORDER) IT WILL AGAIN PUT AN PENDING ORDER OF 0.03 LOT BUYSTOP ORDER ON THE 1ST POSITION WHERE THE 1ST ORDER 0.01 BUY WAS EXECUTED AND SO ON …..

    TABLE EXAMPLE : (4XCASH COMPOUNDER)

    PLEASE DOWNLOAD THE EA (4XCASHCOMPOUNDER) ATTACHED TO THE THREAD REQUEST TO CHECK HOW THE EA WORKED EARLIER

    PLEASE DOWNLOAD THE BACKTEST STATEMENT REPORT OF ONE OF MY ACCOUNT ATTACHED WITH THE NAME 4XCASH COMPOUNDER StrategyTester.RAR

    YOU WILL GET THE DETAILS ON HOW THE 4XCASHCOMPOUNDER EA WORKED



    THE TWIST COMES HERE AFTER THE EXECUTION OF THE 2ND ORDER 0.02 SELLSTOP PENDING ORDER … THE NEW OR MODIFIED EA WILL PUT AN 3RD PENDING ORDER OF 0.01 LOT BUYSTOP ORDER IN BETWEEN THE TWO ORDERS (0.01 BUY AND 0.02 SELL ORDER THAT MEANS AT 12.5 PIPS ) AND AFTER THE EXECUTION OF 3RD ORDER IT WILL OPEN TWO PENDING ORDERS ONE 0.01 BUYSTOP AT THE VERY 1ST ORDER POSITION AND 0.01 SELL STOP AT THE 2ND ORDER POSITION.

    SUPPOSE THE 0.01 BUYSTOP ORDER WAS EXECUTED THE NEW OR MODIFIED EA WILL DELETE THE 0.01 SELLSTOP ORDER AND PUTS TWO PENDING ORDER ONE AT THE MIDDLE I.E., 0.01 SELLSTOP ORDER AT 12.5 PIPS WHERE THE 3RD ORDER WAS PUT AND ONE 0.02 SELLSTOP AT THE 2ND ORDER POSITION

    NOTE : THE EA WILL PUT ONLY THREE ORDERS OF 0.01 LOT EXCLUDING THE VERY 1ST 0.01 BUY ORDER AND THEN THE EA WILL INCREMENT THE LOT SIZE BY 0.01

    EXAMPLE :

    ORDER NO. SIZE(IN LOTS) TYPE PRICE

    1 0.01 BUY 1.33134

    2 0.02 SELLSTOP PENDING ORDER 1.32884

    2 0.02 SELLSTOP PENDING ORDER EXECUTED

    3 0.01 BUYSTOP PENDING ORDER IN THE MIDDLE AT 12.5 PIPS

    3 0.01 BUYSTOP PENDING ORDER EXECUTED

    4 0.01 BUYSTOP PENDING ORDER AT ORDER NO.1

    5 0.01 SELLSTOP PENDING ORDER AT ORDER NO.2

    SUPPOSE THE 4TH ORDER IS EXECUTED

    4 0.01 BUYSTOP PENDING ORDER EXECUTED

    5 0.01 DELETE THE 5TH ORDER NO.

    6 0.01 SELLSTOP PENDING ORDER IN THE MIDDLE AT 12.5 PIPS

    7 0.02 SELLSTOP PENDING ORDER AT ORDER NO.2

    6 0.01 SELLSTOP PENDING ORDER EXECUTED

    8 0.02 BUYSTOP PENDING ORDER AT ORDER NO.1

    8 0.02 BUYSTOP PENDING ORDER EXECUTED

    9 0.02 SELLSTOP PENDING ORDER IN THE MIDDLE AT 12.5 PIPS

    9 0.02 SELLSTOP PENDING ORDER EXECUTED

    10 0.02 BUYSTOP PENDING ORDER AT ORDER NO.1

    7 0.02 SELLSTOP PENDING ORDER EXECUTED

    10 0.02 DELETE THE 10TH ORDER NO.

    11 0.03 BUYSTOP PENDING ORDER IN THE MIDDLE AT 12.5 PIPS

    12 0.03 BUYSTOP PENDING ORDER AT ORDER NO.1

    11 0.03 BUYSTOP PENDING ORDER EXECUTED

    13 0.03 SELLSTOP PENDING ORDER AT ORDER NO.2

    12 0.03 BUYSTOP PENDING ORDER EXECUTED



    And so on…..

    NOTE : THE EA WILL PUT ONLY THREE EXECUTED ORDERS OF 0.01 LOT EXCLUDING THE VERY 1ST 0.01 BUY ORDER AND THEN THE EA WILL INCREMENT THE LOT SIZE BY 0.01

    HOPE THE ABOVE TABLE EXAMPLE EXPLAINED WHAT I EXACTLY WANT THE EA TO BE DEVLOPED.



    I have also created an excel sheet named work application and attached it with other downloads to get to know an approx estimation how much profit will be given by the ea without wipping the account balance.

    The main concept of giving the order in the middle of the first two orders is just to equalize the balance if the market condition keeps meandering in the 25 pips kill zone.

    To be very frank I have already lost an good amount of money with the 4xcash compounder ea, but I know if the strategy which I explained you above will work then definitely the modified ea will give a good monthly return…


    if any further help needed from my side regarding the ea concept please email me...


    if any doubt is there please ask me.....



    Please see to it …. Hope to hear from your side very soon….



    Thankx in advance…..

    email id : bharatunion@gmail.com
    Attached Files Attached Files

  2. #2
    Junior Member
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    Default

    You need really really busy market to make eventually some money with this system.
    End of the day all kind of martingale systems soon or late blow your account ...

  3. #3

    Default

    Quote Originally Posted by seem0re View Post
    You need really really busy market to make eventually some money with this system.
    End of the day all kind of martingale systems soon or late blow your account ...
    It's all about taming the beast

  4. #4

    Default

    You must correctly guess upcoming market trends in order to profitably and reliably trade on the foreign currency exchange (forex) market. There are three forecasts you can make: 1) The market will enter or continue an uptrend or downtrend; 2) The market will reverse its current trend; 3) The market will trade with no trend. Each forecast demands a different strategy. One new idea is to use larger targets to exit a trade, giving your forecast time to develop. You first must understand how forex is traded and priced.

  5. #5
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    Default need simple ea based on filter extra indicator

    hi,please create a simple EA based on filter extra indicator.this indicator does not repaint,not even the first bar(not even if the price goes against it) .
    EA should open sell position when color change to red and closes it when color change to blue and right away openes a buy position and closes it when red and so on... ea should have the feature to change the lenght of the indicator and lots(I manually now use it on daily chart with lenght 2).Other features you may want to add. thank you
    p.s.-the indicator does not always open position at the beginning of the bar,so the ea should open new position when color change ,not on the next bar.
    Attached Images Attached Images Simple ea with new idea.....-filterdaily-png 
    Attached Files Attached Files

  6. #6
    Junior Member edaaanz's Avatar
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    Default

    nice idea of EA system..
    Do these idea working well??

  7. #7
    Junior Member
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    Jul 2015
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    Default

    Hi Dear,

    please Send me OR" post the Concept EA mq4 file. i want to Edit This Ea. i will show you best Result.

    Thanks

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