'Cool' EA

newdigital · #1 (**permalink**) 11-21-2005, 12:36 PM

Interesting EA.

tirou · #2 (**permalink**) 05-21-2006, 07:49 AM

Quote:

Originally Posted by newdigital

Interesting EA.

Please in Mq4.

BrunoFX · #3 (**permalink**) 05-21-2006, 11:42 AM

Thx Newdigital for this ea

promo01 · #4 (**permalink**) 05-22-2006, 01:37 AM

Quote:

Originally Posted by newdigital

Interesting EA.

Hi Newdigital

it's nice EA, but it's work only 1 pair, so must be edit to be multi pair. Can you edit it ?

Regrads
Promo01

aelimian · #5 (**permalink**) 05-22-2006, 02:04 AM

Which time frame?

promo01 · #6 (**permalink**) 05-22-2006, 02:21 AM

Quote:

Originally Posted by aelimian

Which time frame?

It's work on M1 or M5 Chart, but only 1 pair on 1 chart

regards

Maji · #7 (**permalink**) 05-22-2006, 02:25 AM

New Digital,

Here is a portion of the code:

if iRSI(15,2)>iRSI(14,1) then
{
SetOrder(OP_SELL,Max(0.1,Floor(FreeMargin/500.)/10.),Ask,0,Ask+StopLoss*Point,0,Blue);
};

if iRSI(15,2)>iRSI(14,1) then
{
SetOrder(OP_BUY,Max(0.1,Floor(FreeMargin/500.)/10.),Bid,0,Bid-StopLoss*Point,0,Red);
};

I don't think a broker will let you buy at the bid adn sell at the ask, unless you are trading the ECNs, and I am not sure if there is a MT3 broker using us to use ECNs. I wonder if you interchange the bid and ask in the program and run it then how does it perform?

Maji

newdigital · #8 (**permalink**) 05-22-2006, 08:14 AM

It was created on some Russian forum. It was backtested and the backtesting curve was pinning (with great profit) with almost horizontal way. And it was named as a cool EA just to show the differences between backtesting and forward testing in MT3 in some commercial EAs.
It was done especially as an example with the note: "People please be carefully when you are buying something".

Of course we should change ask and bid price.

abozaid · #9 (**permalink**) 05-23-2006, 07:10 AM

Guys, is that a flaw or what?

if iRSI(15,2)>iRSI(14,1) then
{
SetOrder(OP_SELL,Max(0.1,Floor(FreeMargin/500.)/10.),Ask,0,Ask+StopLoss*Point,0,Blue);
Alert("Sell - ",Symbol,"\n","Date - ",TimeToStr(CurTime),"\n","Balance - ",Balance);
};

if iRSI(15,2)>iRSI(14,1) then
{
SetOrder(OP_BUY,Max(0.1,Floor(FreeMargin/500.)/10.),Bid,0,Bid-StopLoss*Point,0,Red);
Alert("Buy - ",Symbol,"\n","Date - ",TimeToStr(CurTime),"\n","Balance - ",Balance);
};
Exit;
};

Shouldn't those marks be opposite? i mean if one ">" then the other is "<"??