BEST EA in the World

[AndyPSV]

My dream which I would achieve is to develop best FOREX EA in the World.

I've created something which earns in every circumstances, instead of crashing in last 2 years. Anyone has idea how to / what to change, fix, improve in the existing EA? What to add/change?

Look (those settings are: 1 000 EURO deposit, 10 year period: 2000.01.01 - 2010.01.01) on improved quite settings.



My "normal settings" which I use are defaults in the EA.

Here is the link to my EA: http://path-of-power.com/_fx/EA_AndyPSVv1.04.mq4


You see: playing manually is a lot of time & effort. It's a hell better to build an EA that plays 24/5 all the time for you. An EA needs to be done.

[PINKPANTHER5]

My dream which I would achieve is to develop best FOREX EA in the World.

I've created something which earns in every circumstances, instead of crashing in last 2 years. Anyone has idea how to / what to change, fix, improve in the existing EA? What to add/change?

Look (those settings are: 1 000 EURO deposit, 10 year period: 2000.01.01 - 2010.01.01) on improved quite settings.



My "normal settings" which I use are defaults in the EA.

Here is the link to my EA: http://path-of-power.com/_fx/EA_AndyPSVv1.04.mq4


You see: playing manually is a lot of time & effort. It's a hell better to build an EA that plays 24/5 all the time for you. An EA needs to be done.

Looks like a good ea. What time frame do you load it on??

[AndyPSV]

tf doesn't matter, I use on h4 to have a lookup

[PINKPANTHER5]

Ok, but I mean which time frame do you load the ea on for live trading. Because I notice that the results are different on time frames. It does not allow back testing on M15 and under so I dont know.

[AndyPSV]

on 4h, what you only need to do - if you're broker is set on point (5 digits after comma) (my is: fxpro), change S/L from points

it plays on every time frame, on my mt4 everything works.

[PINKPANTHER5]

on 4h, what you only need to do - if you're broker is set on point (5 digits after comma) (my is: fxpro), change S/L from points

it plays on every time frame, on my mt4 everything works.

Thanks. And do you use the default settings even for the 4h chart?

[noushina]

not up to interpreting it right now. I see a ref to double lot. So Is this a Martindale*?



*(a martindale system as I understand it, doubles each time there is a loss)

Its nice to see that someone posted an EA that wasn't a "Rita".

[AndyPSV]

no, it isn't a martingale system, but it has an option to set it up for martingale (or to * or +) after each loss, this option is set to 0 by default (never doubles or do anything after loss)

it plays always by 0.05 / transaction (you've got in settings, you can change it) by default (of capital) with appropriate s/l


the problem with this system is that he earns, in every circumstances
BUT it EARNS, EARNS, EARNS (dynamic of the market changes) and it LOSES and sometimes looses all or it looses from the beginning

I'm seeking here for a solution, maybe another view on it or something to make it "ALWAYS EARNING" (or maybe set of changes?)

[noushina]

It looks interesting. What is the logic? I'm at work and don't have a lot of time to analyze. The variables have east european names and so that doesn't help my comprehension

I don't see any of the standard types of price comparison's that one would use in an auto trade system though.

[blubbb]

@Andy
Have you loaded all M1 candles in the tested time interval using the History Center? This is the key to backtest properly (or at least to backtest as good as MT4 allows to do...).
I have and the results were devestating (see the picture). The tester cancels the test after less than a year.