you legend, Funyoo!
Yes, I checked the set file and default settings and they appear to be the same. That's why I wanted to check with you to see if you did anything differently to get those results.
This is quite a strange EA... it picks and chooses when it wants to trade. Is there any reason for this? Sometimes there is a trade (usually quite profitable) and sometimes there is nothing. Who created this EA? maybe they can shed some light?
I studied a bit the source code. It behaves very strange. No indicators at all. Strange conditions for opening trades and closing trades. I think it's trying to cheat the broker.
Yes there is no specific rules.
At midnight, it enters pending orders 10/20/30/40/50 pips over/under the price with a TP 60 pips still over/under the price. The SL is located at the opposite TP.
Then as long as there is no profit will buy/sell orders, it adds other pending orders in the same direction than the losing trades with the same principles. It can generate a lot of profit in periods with "yoyo", it can also destroy your account in less than a day during trending market.
Here is the day where the EA has made 75% with a relative drawdown of 0.62%.
Then I don't understand well how, but the closing has been enabled and the EA has stopped to trade. I should have to remove it and to reload it again to continue the test.
I dont know how it got so high in the 'best expert advisor' competition'. It only works when you load it up, and then wont work unless you reload it. Profits are based on fluke. There are no strategic levels on which stops etc are placed. Very risky.
I am sure if we all put our heads togther, we can come up with an EA which is as close to the holy grail as possible!
i want set to mini account, please help me.....
i can give mini lot 0.01 , my broker is ( MW Direct)(morphy &william)
help me please
Last edited by mehdisalehi; 01-29-2009 at 22:33.
i know change lots to 0.01 but not open position
i have meta trade 4.0 with broker ( MW )
you can download : mw broker this linke : http://www.mwheadway.com/archives/files/mwd4setup.exe
i can't start advisor in my broker..
i can start to other broker , but i have account with broker MW
Please help me..and give me " level scalper.set" with mini account