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Anything is possible. Give me more input... Do you want to close all trades regardless of profit? Do you want to close profitable trades and hedge the losers? I can code your ideas...provided (of course) I get the magical settings
Yes, I would like to to close all trades regardless of profit/loss 1 hour before the close of the market on Friday. Is that possible? If you could make it adjustable so that it will close all trades or will not close all trades, that would be great. I just think this feature might be good as sometimes economic events could happen over the weekend that can cause serious gaps on Monday morning.
If there is a chance that could be added in, it would be wonderful, if not, no big deal. You have done enough already.
That is correct. My presets were ALL for the D1 timeframe, but I noticed that for the three majors that they did not do so well but switching those to the H1 timeframe with the above presets seems to help a lot and would have made this EA even more profitable (probably $1000 more in profit in just 3 days).
The version I used was the original that has been updated by Nich. If you want it, I can post it again but it is the same as Nich's latest without all the bells and whistles.
All mine had was a TP, SL, Lots and timefilter. Nich just added many new features which are very exciting to this EA.
NewDigital, I believe this is the EA you might be looking for as it appears to be very consistent in higher timeframes (D1 and Weekly). Please help us test settings as this EA appears to be profitable with just about every currency pair I threw at it.
I am currently testing this EA in the H1, D1 and Weekly timeframes with EVERY currency pair that Interbank FX offers to trade (19 in all).
I will report back the findings after trading resumes Monday.
Holyguy7,
Please post this your version once again.
So you are using EA with pre-set files (attached) for D1 timeframe except EURUSD, GBPUSD and USDCHF. EURUSD, GBPUSD and USDCHF is H1 timeframe with the same pre-set. Right?
No worries! I believe the correct calculation for what you are trying to accomplish is x/y=n. (this is assuming 100:1 leverage) Where x=desired margin traded; y=Account free margin; and n=risk. An example would be if I had 50K free margin and I wanted to start off trading 0.1 lots then $100 is the margin requirement to trade .1 lot. I would take the 100 then devide by 50000 which results in .002. You would then want to enter .2 into the risk perameter to get the desired result. If you would like to use lower risk factors than 1% of margin(such as this example), you will need to download the version on this post.
Please post this your version once again.
So you are using EA with pre-set files (attached) for D1 timeframe except EURUSD, GBPUSD and USDCHF. EURUSD, GBPUSD and USDCHF is H1 timeframe with the same pre-set. Right?
OK, here it goes. Let me explain. the Preset file that I posted HERE has all ORIGINAL settings I used to get the results in Post 1 found HERE
However, I had the original EA running on the H1, H4, Daily and Weekly timeframes. I discovered after looking at the losses in the Daily found in Post 1 that the results could have been improved if I would have had the following currency pairs on the H1 chart:
So now I am testing all 12 original currency pairs on the D1 chart with the exception of the 3 above (which I am testing in the H1 timeframe) with the above settings.
Here is the original Profit Generator EA that has been modified greatly over the weekend by Nich.
Test and enjoy.
Last edited by holyguy7; 03-26-2006 at 10:52 AM.
Reason: Added more detail
No problem Bruno. I believe this EA works very similarly to STI. That is why I went to the Daily timeframe on STI because I saw the results were good on this and thought they might work on that one. STI is more reliable, but does not trade as much so it is not a profitable.
This EA so far is the most profitable I have seen. Works on shear price movements and no indicators.
Well, I hope you all are doing better than I am. I am only up a little over 300 pips in the first 3 hours of trading this week.
Anybody doing better?
Which is the latest EA that got you those results because mine is the opposite results in Demo Account too. COuld you upload the EA that you currently using to get those results...There is some discrepancy.
Which is the latest EA that got you those results because mine is the opposite results in Demo Account too. COuld you upload the EA that you currently using to get those results...There is some discrepancy.
Linear Mode
