Thread: Fibonacci_Ema
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Old 12-30-2005, 04:27 PM
billworld2 billworld2 is offline
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Fix on the way

Good news. I sent the developer of the EA Builder--with whom I'm in correspondence on other matters--your EA and pointed out the problem with StopLossMode/TakeProfitMode TRUE/FALSE settings not being honored and he has confirmed the problem and is working on a fix.

So, be sure to check out the new EA Builder soon.

Regards,

Bill

Quote:
Originally Posted by newdigital
I backtested with default settings. ST results are correct.

I looked on the code and it was coded like this:
Code:
StopLossMode
and
Code:
TakeProfitMode
are written in the beginning of the code only and seems it does not matter 'true' or 'false' because it is not affecting on anything.

If I do the settings to 0 this EA will not exit on 8EMA/21EMA crossing. Because of the code. Seems you are right: EA is taking into account the exit on 8EMA/21EMA and in the same time the profit and S/L. Strange exit combination. I just changed profit, S/L and T/S to 10,000 to see the difference.

I did my best. Anyway I will do forward test with default settings and if it is profitable it will be ok.

I made 3 EAs already using this tool and I am testing one (forward test). And that one is profitable till now. Let's see for the other 2.

But you are right.
To use this tool it is necessary to keep exit on S/L (T/S) only to avoid any strange combination.
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