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Thread: The best EA

  1. #11

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    Quote Originally Posted by jtoscano View Post
    Hello blackdog,

    I am using Heiken Ashi 15M EU with 0.1 lots for every 10K invested, 1 trade at a time, Martingale:2, 40 pips TP & SL.

    Broker: Alpari UK. I am running it on demo and also on real account. The real account is generating about USD60 daily (some times 120).

    The one on demo account has been running for about a month and is up about 50%. Same thing: 0.1 lots for every 10K. If you invest 1K, then you can set it to 0.01 lots.

    BUT THERE IS A CATCH: All martingale EAs eventually fail.

    Hope this helps
    Yes, but in your way you have too risk!
    I reccomend to set 0.01 lots for every 20K

  2. #12

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    Quote Originally Posted by funyoo View Post
    Hi blackdog,

    I don't use to recommend EA, as everyone should have his own opinion, but the 3 following seem to have regular results (at least for the moment) :

    - Heiken_Ashi_Ma EA EU M15 set1
    - RSI Power Maximum v2.01 EU M5 maxspread 2.3
    - TheMasterMind Optimized v1.1 Major M1
    I've appreciated this post!

    Here we're in elite group,
    Someone else can add at this list other EAs that seem to have regular results?

    - Heiken_Ashi_Ma EA EU M15 set1
    - RSI Power Maximum v2.01 EU M5 maxspread 2.3
    - TheMasterMind Optimized v1.1 Major M1

  3. #13

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    of course all marginals EAs eventually fail, but then again you need to think outside of the many boxes.

    Quote Originally Posted by jtoscano View Post
    Hello blackdog,

    I am using Heiken Ashi 15M EU with 0.1 lots for every 10K invested, 1 trade at a time, Martingale:2, 40 pips TP & SL.

    Broker: Alpari UK. I am running it on demo and also on real account. The real account is generating about USD60 daily (some times 120).

    The one on demo account has been running for about a month and is up about 50%. Same thing: 0.1 lots for every 10K. If you invest 1K, then you can set it to 0.01 lots.

    BUT THERE IS A CATCH: All martingale EAs eventually fail.

    Hope this helps

  4. #14

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    Heiken_Ashi_Ma EA EU M15 set1 produces bad results on 2008...

  5. #15

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    hum, which EA performs in range market and suck in trending?

  6. #16
    Administrator funyoo's Avatar
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    Quote Originally Posted by Kakuk View Post
    hum, which EA performs in range market and suck in trending?
    Hi Kakuk,

    Most of the scalpers.

  7. #17

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    Hi Funyoo, thx for all the great works!

    I got some pretty stupid questions hopefully you dont mind answering. I dont think I really understand the code in below.

    1st, for

    extern bool hidestop=false; // hide stop loss
    extern bool hidetarget=false; // hide take profit


    why hide stop and target? what difference does this make?

    extern int trailingstep=1; // margin allowed to the market to enable the trailing stop

    This one i totally have no idea. What is the relation between the account margin and trailing stop.

    extern int breakevengain=0; // gain in pips required to enable the break even
    extern int breakeven=0; // break even


    1st breakevengain is like if i set 50, then when the trade is 50 pips in profit, the this trade will be close on the entry price should price retrace?

    2nd breakeven, what is the function of this and how does the setting matter?

    thanks again!

    Quote Originally Posted by funyoo View Post
    Hi Kakuk,

    Most of the scalpers.

  8. #18
    Administrator funyoo's Avatar
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    Quote Originally Posted by Kakuk View Post
    Hi Funyoo, thx for all the great works!

    I got some pretty stupid questions hopefully you dont mind answering. I dont think I really understand the code in below.

    1st, for

    extern bool hidestop=false; // hide stop loss
    extern bool hidetarget=false; // hide take profit


    why hide stop and target? what difference does this make?

    extern int trailingstep=1; // margin allowed to the market to enable the trailing stop

    This one i totally have no idea. What is the relation between the account margin and trailing stop.

    extern int breakevengain=0; // gain in pips required to enable the break even
    extern int breakeven=0; // break even


    1st breakevengain is like if i set 50, then when the trade is 50 pips in profit, the this trade will be close on the entry price should price retrace?

    2nd breakeven, what is the function of this and how does the setting matter?

    thanks again!
    Hi Kakuk,

    The hide sl and hide tp options are used when we don't want the broker (or someone else) to know our stops and limits.

    The trailing step is added to the price in order to compare it with the order open price and then determine if we need to trail the stop loss or not.

    We use the breakevengain as a minimum distance in pips between the price and the order open price before to enable the breakeven (stoploss put at order open price +/- breakeven).

  9. #19

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    thanks so much Funyoo!

    I ran into a problem like the EA closed the last trade with very little profit, then restart the martingale loop. For example, in this sequence, (0.1 lot) -$20, (0.2 lot)-$40, (0.4 lot)-$60, (0.8 lot)-$80 then last trade made (1.6 lot) +$20, at this point the EA starts from the beginning lots again (since the program determines +$20 is a profit), leaving a net loss and only have a small position in the next trade which turns out to be a great trend.

    Is there a function that will keep martingale going if say the current trade closed doesn't at least breakeven the loss incurred in the previous trade sequence? I hope I explained myself clearly. Pardon my crappy English.

    btw, is there a function takes profit partially say 50%, then take another 50% later? example would take 50% on 20 pips profit of move then take the rest 50% if trade goes in profit to 40 pips. Scale out.

    thanks again!



    Quote Originally Posted by funyoo View Post
    Hi Kakuk,

    The hide sl and hide tp options are used when we don't want the broker (or someone else) to know our stops and limits.

    The trailing step is added to the price in order to compare it with the order open price and then determine if we need to trail the stop loss or not.

    We use the breakevengain as a minimum distance in pips between the price and the order open price before to enable the breakeven (stoploss put at order open price +/- breakeven).
    Last edited by Kakuk; 01-07-2010 at 03:11.

  10. #20
    Administrator funyoo's Avatar
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    Quote Originally Posted by Kakuk View Post
    thanks so much Funyoo!

    I ran into a problem like the EA closed the last trade with very little profit, then restart the martingale loop. For example, in this sequence, (0.1 lot) -$20, (0.2 lot)-$40, (0.4 lot)-$60, (0.8 lot)-$80 then last trade made (1.6 lot) +$20, at this point the EA starts from the beginning lots again (since the program determines +$20 is a profit), leaving a net loss and only have a small position in the next trade which turns out to be a great trend.

    Is there a function that will keep martingale going if say the current trade closed doesn't at least breakeven the loss incurred in the previous trade sequence? I hope I explained myself clearly. Pardon my crappy English.

    btw, is there a function takes profit partially say 50%, then take another 50% later? example would take 50% on 20 pips profit of move then take the rest 50% if trade goes in profit to 40 pips. Scale out.

    thanks again!
    Hi Kakuk,

    What EA ?

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alpari, alpari uk, breakeven, breakevengain, broker, color, demo, eas, elite, funyoo, heiken ashi, live, live account, martingale, profit, real, rsi, stoploss, systems, test, thank you, time, trading, trailing, trailingstep, trend, usd

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