Thread: xor3 ea (H4)
View Single Post
  #6 (permalink)  
Old 01-16-2007, 03:41 PM
forex4syg forex4syg is offline
Member
 
Join Date: Oct 2005
Posts: 84
forex4syg is on a distinguished road
Quote:
Originally Posted by seb
hello,
here is my new ea named "xor3".
I love 10pt ea and i have used it, but at the end, this ea kill you.
You win 1000 times, but one time, you lose ... a lot.

I have modified 10pt3, but at the end, it was not good ...unless you have millions of $$$ to accept large movements.

so i create wor3. The differences with 10pt3:
- xor3 open one trade at a time
- when a loss trade occurs, the trade is closed, and an other trade is open, with position x2 like 10pt3, but the trade not depend of the 1st trade, (the 2nd trade can be a sell order after a losing buy order) ... so the new trade not depend on a old signal
- when a win trade occurs, the next lot size is reinitialized at the beginning
- instead of 10pt3 wich close the position with a little win, xor3 let the winning position opened and the trend make his work to eat pips

i have test it on EURUSD H4 and it seems ok

i wait for yours ideas and yours tests
i will post the mq4 version in some days ... i have to clean the code before

PS : sorry for the bad english,
Hi,
Could you please summarize the rules in more detail?
From the test, the SL seems about 40 pips.
How do you close the profited position? I saw one position was with about 50 pips profit, and it was not closed, but it is now negative.
If first position is lost, the second position may be to buy or sell. How do you decide to buy or sell?

Thanks!
Reply With Quote