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Do you realize that you with others here are one of the founders of this EA?
That alone is quite a responsibility and please be careful when speaking to a global audience...you are representing one of the soon-to-be great EA/Utilities...to be used by many...this is an archived thread in history and people will be reading this for years to come...
ES
P.S. I am doing my best to keep the peace here and it is incredible that all of us have acted so human-like and at the same time have remained gentlemen...this is an incredible positive display of how threads can go....Thank you everybody...I have and am enjoying this method...and I hope you are too! understand that things can escalate out of control and we must keep the work going and continue to be analytical in nature and leave emotions behind.
Last edited by ElectricSavant; 02-24-2008 at 05:12 PM.
Thank you for the chrystal clear answer...I veered to the upside as I want a minimum of 5 bucks....
Folks another point when you get into higher progressions...you will notice the incremental jumps in float become larger...so this is not an exact science...also it takes time to close three or four orders automatically, sometimes more that one tick.
SatsangSavant
P.S. I hope I am answering a lot of questions by example...remember there are not any dumb questions...also it helps wolfe to check and find bugs...
Quote:
Originally Posted by wolfe
83.4% of 6 = 6 x 0.834 = 5.004
83.3% of 6 = 6 x 0.833 = 4.998
So, this is about right.
Close_By_Profit & TSLoss_Percent are ignored when Use_Trailing_Stop=true
Last edited by ElectricSavant; 02-24-2008 at 05:10 PM.
Thanks for running some back tests. I would be interested to see what happens if you were to run the exact same back test, only make your initial deposit more than $100.00. Make it like $5000.00, or even $10000.00.
Back tests are pretty un-reliable. But some combinations show promise. Check this one out. There is always some kind of a drop off in profit at the end, because the EA is usually in the middle of a cycle trying to make your profit, and then the tester closes all when you hit your ending date.
Gidday Wolfe
yep i have to agree that the back tests are next to useless but they are ok for setups i run all my test from 01/01/1999 to the current date. I am running the same test as i did before but with the figures above.
I suppose visual backtesting with a random entry technique may be helpful to make comparisons with...
but in general I agree...
ES
Quote:
Originally Posted by Beno
Gidday Wolfe
yep i have to agree that the back tests are next to useless but they are ok for setups i run all my test from 01/01/1999 to the current date. I am running the same test as i did before but with the figures above.
Now here is my question...Should maxtrades be set to 10...and will closeallmax exit and get flat on all the trades on the attempt to make the 11th trade?
Here is how Close_All_Max works:
PHP Code:
if (Close_All_Max==true)
{
if (OTBM(Magic_Number)==Max_Trades)
{
CBM(Magic_Number);
Basically this code says this:
if Close_All_Max is true and your open orders total equals your Max_Trades total, a close all will be performed.
Congratulations ES, you have helped me find the first bug! The bug is this- if you have Use_Trailing_Stop set to true, the Close_All_Max will not work. This is easy to fix. Thanks ES.
v1_6 has been posted less than 24hrs, and it has already been downloaded 65 times! Kinda scary. I hope it functions when the market opens. Kinda nervous.
Please advise when we are to go to the opening post and re-download...wolfe we have 11 more bugs to go!!!!
This EA is going to be perfect!
wolfe...wait until the other forums catch wind of this!....you aint seen nothin' yet...
and with all the open architecture...dealers cannot filter all the combinations!
ES
Quote:
Originally Posted by wolfe
Here is how Close_All_Max works:
PHP Code:
if (Close_All_Max==true)
{
if (OTBM(Magic_Number)==Max_Trades)
{
CBM(Magic_Number);
Basically this code says this:
if Close_All_Max is true and your open orders total equals your Max_Trades total, a close all will be performed.
Congratulations ES, you have helped me find the first bug! The bug is this- if you have Use_Trailing_Stop set to true, the Close_All_Max will not work. This is easy to fix. Thanks ES.
Linear Mode
