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I'm back after a long period of testing and optimizing and am happy to present the results to you in my blog. Feel free to ask any questions and it will be my pleasure to clarify anything that isn't clear for you.
I have optimised H1 USD/CAD and H1 GBP/JPY and trading real-time with good success to date. Backtesting the GBP/JPY turned a $500 account into around $75,000 over a 24-month period, however, drawdown was high. This is an excellent piece of work...a real credit to the author! Just one piece of advise: backtest and re-optimise frequently.
I have optimised H1 USD/CAD and H1 GBP/JPY and trading real-time with good success to date. Backtesting the GBP/JPY turned a $500 account into around $75,000 over a 24-month period, however, drawdown was high. This is an excellent piece of work...a real credit to the author! Just one piece of advise: backtest and re-optimise frequently.
infact big problem for cross ema are big drawdown because many times it takes the worst entry of the trend
I have optimised H1 USD/CAD and H1 GBP/JPY and trading real-time with good success to date. Backtesting the GBP/JPY turned a $500 account into around $75,000 over a 24-month period, however, drawdown was high. This is an excellent piece of work...a real credit to the author! Just one piece of advise: backtest and re-optimise frequently.
Hi gsozfx
Your backtesting result is very impressive! I am backtesting this EA for a long time but I can't find a good combination. There are too many settings... I would appreciate very much if you could upload your set files.
I am testing universal MA cross EA on a demo account. My settings are:
Fast MA: 10
Slow MA: 40
Time Frame: 15M
Min Cross Distance: 0
Max Lookup: 0
EMA Type for both EMA's: Exponential
EMA applied to: Close Price
What I am trying to accomplish is simply open an order when two EMA's cross and exit when another cross happens. If you look at the picture attached, you'll see that order is opened almost 30 minutes after the cross.
I am testing universal MA cross EA on a demo account. My settings are:
Fast MA: 10
Slow MA: 40
Time Frame: 15M
Min Cross Distance: 0
Max Lookup: 0
EMA Type for both EMA's: Exponential
EMA applied to: Close Price
What I am trying to accomplish is simply open an order when two EMA's cross and exit when another cross happens. If you look at the picture attached, you'll see that order is opened almost 30 minutes after the cross.
Any ideas?
Thanks;
--Yarizona
Hi Yarizona,
There's a parameter in the EA called "Confirmed on entry". If set to TRUE, the trade will be entered on the bar following the cross. If set to FALSE, the trade will be taken immediately when a cross happens.
So my guess is you're trading the 30 mins and have the parameter set to true. So that's why trades are taken on the next 30 min bar.
Otherwise, check the Experts and Journal tabs after you get a signal (alarm bell + pop-up window) if no trade is taken. There, you'll see if there are any error messages. Also, a log is created each day of all activity and stored on your computer. You might want to have a look at this file to check for any anomaly.
There's a parameter in the EA called "Confirmed on entry". If set to TRUE, the trade will be entered on the bar following the cross. If set to FALSE, the trade will be taken immediately when a cross happens.
So my guess is you're trading the 30 mins and have the parameter set to true. So that's why trades are taken on the next 30 min bar.
Otherwise, check the Experts and Journal tabs after you get a signal (alarm bell + pop-up window) if no trade is taken. There, you'll see if there are any error messages. Also, a log is created each day of all activity and stored on your computer. You might want to have a look at this file to check for any anomaly.
Hope this helps,
Ms_Mel
Thanks Ms_Mel,
I was trading in M15 time frame, but ConfirmedOnEntry parameter was set to true as you guessed. I set it to FALSE now, we'll wait and see.
I've gone thought the settings and don't see a breakeven point or a movestop once feature. This would be a nice filter to stop bad trades when the trailing stop is not in use. Marty
Is anyone else having a problem with the Maxopen trade option not kicking in. I have the settings as required to open more than one trade but it only does the single trade. Thanks Marty
Real time trading
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