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Thread: How to use an EA with a 5 digits broker

  1. #1
    Administrator funyoo's Avatar
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    Default How to use an EA with a 5 digits broker

    It is often asked on the forum if we can use an expert advisor on a 5 digits broker.

    Yes, what you have to do is to multiply the stop loss, the take profit, the trailing stop and the break even by 10, that's all !

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    Default How EA work

    Funyoo,

    May I have some stupid questions about EA:

    In the EA has "sleep number", what does this mean ? how it works ?
    An EA can works forever ?
    Do I need to maintain or to do some thing to run the EA forever ?
    Is it any matter if running many EAs on one computer ?

    Thanks in advance,

    EA Fan

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    Administrator funyoo's Avatar
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    Quote Originally Posted by EA fan View Post
    Funyoo,

    May I have some stupid questions about EA:

    In the EA has "sleep number", what does this mean ? how it works ?
    Hi EA fan and welcome,

    The EA will stop to work during X seconds. For example, if you see Sleep(10000);, then the EA will stop to act during 10 seconds.

    Quote Originally Posted by EA fan View Post
    An EA can works forever ?
    As long as there is money and a market. Except if there are some conditions to stop trading for example when a profit target has been reached.

    Quote Originally Posted by EA fan View Post
    Do I need to maintain or to do some thing to run the EA forever ?
    Just attach it to the chart and it will do its job.

    Quote Originally Posted by EA fan View Post
    Is it any matter if running many EAs on one computer ?
    It is possible. You can open several Metatrader terminals on your computer or on a virtual private server. You will have to take care to the available memory in task manager (shortcut ctrl+alt+del).

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    Hi Funyoo,

    Thank you for your quick reply.

    When and why the EA need stop to work during X seconds ?

    How and where to check (which numbers or info) of the available memory ? How to know it is available or not ?

    Thank you so much !

  5. #5
    Administrator funyoo's Avatar
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    Quote Originally Posted by EA fan View Post
    Hi Funyoo,

    Thank you for your quick reply.

    When and why the EA need stop to work during X seconds ?
    For example if there is a loss, and the system "prefers" to wait for better market conditions.

    Quote Originally Posted by EA fan View Post
    How and where to check (which numbers or info) of the available memory ? How to know it is available or not ?

    Thank you so much !


    Right click on the windows bar (on the bottom of your screen), click on "task manager" and finally see "commit charge".



    Then it depends on the system, if it needs a lot of memory or not. As long as you have 60-70Mb available for you system, it's ok.

    For example, with 700Mb of memory, you can have up to 19 Metatrader terminals opened.

    Of course, if you operate on your own computer and you do other activities, you will need more Mb.

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    Thank you Funyoo,

    My computer is 512 MB RAM, how do know how many % of RAM I am using ? and how many % of RAM using is safe ?

    Thank you.

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    Hi Funyoo,

    How long to finish backtest EA for one year record ? How to backtest fastest way ?

    Thank you.

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    Administrator funyoo's Avatar
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    Quote Originally Posted by EA fan View Post
    Thank you Funyoo,

    My computer is 512 MB RAM, how do know how many % of RAM I am using ? and how many % of RAM using is safe ?

    Thank you.
    Hi EA fan,

    In the task manager, click on "processes", you will have an idea about that.

    Then for the safe % of RAM using, as long as you don't get a warning message from Windows saying that you have not enough memory, it's ok!

    Quote Originally Posted by EA fan View Post
    Hi Funyoo,

    How long to finish backtest EA for one year record ? How to backtest fastest way ?

    Thank you.
    It depends on the code, it can take few seconds or few days. If the code is heavy you should do an optimization step by step. You optimize a parameter, then another one, etc... If the optimization is done fast, you can optimize several parameters at the same time.

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    Unfortunately, maximum regulated Forex brokers are restricted on EA trading! Thatís way, I was very confused when I did not get any reliable EA friendly trading broker! Then, I found ECN broker TradingBanks allows any kind of trading strategy and EA even this gracious broker provides exclusive custom indicators that help traders to identify market trend easily.

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