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so make the following adjustments:
tp = 20 (yes/no) ?
max trade = 5 (yes/no) ?
anything else that you would suggest that be altered over the weekend ? so that i may start forward testing at the begining of the week with the corrected settings in place.
my TP is set for 30 and MaxTrade is set for 5. All of my preset is posted above so if you want to use my settings you can copy them into a Word pad document then remove my MaxTrade10 leaving the MaxTrade5. Save the file into your experts/presets file and change the suffix to .set using right click properties then load into your EA.
I will close down the EA during Friday PM progressively as the pairs close and post my final details for this week, last week and the 2 weeks together.
Have closed the EA for the weekend.
The first week resulted in a profit of $5853 detailed statement6.
Last week showed a profit of $1727 detailed statement13.
With a reduction down to 30 TP and then a lowering of the MaxTrade to 5 the EA showed a slower but safer return.
The 2 weeks result can be seen in the Progressivehtm
The timing of the changes can be seen on the Progressivegif
i found out my problem. I am trying to trade starting with .01 lots. If I start with .1 lots it will double when it is suppose to, but if I start with .01 lots it will only open 1 trade. Does any1 know how to get a round this?
I am having a problem with Detailed Satement13, first Max Trade is 5 that would mean 5 losses in a row would get you to (0.10,0.20,.040..080,1.60) thus would not the highest progression in trades be a maximum of 1.60, not 3.20 as I think two trades show on this report.
Also you have a trade in USD/JPYof 12.80 units or closed of $1,757, this should have not occured if Max Trades would have been followed then there would have been no profit at all for the week if what I have discussed would have been removed from the report?
thanks!
Last edited by txsundevil; 09-08-2006 at 06:36 PM.
Yes the other pairs had been reset to MaxTrade5 but I left USDJPY because it was already in progress intending to reset it after it either closed itself or it became in profit overall. I woke up to find that it had closed.
Providing the account can support the higher trades they close very quickly when they achieve overall profitability. In my opinion dropping the TP down to 30 and the MaxTrade down to 5 takes away the greatest problem and now my account can only trade upto a 1.6 unit and also after the first trade they close when in a predetermined profit also resisting additional increments.
Just for squirts and giggles, I have been running the EURUSD on M30 with a $25k demo. Lots = 1, MaxTrade = 6. Everything else is default (TP = 40).
After 24 hours It is keeping up with the other computer running a $25k demo with Lots = .1 and MaxTrades = 10 on four pairs.
I am having a problem with Detailed Satement13, first Max Trade is 5 that would mean 5 losses in a row would get you to (0.10,0.20,.040..080,1.60) thus would not the highest progression in trades be a maximum of 1.60, not 3.20 as I think two trades show on this report.
Also you have a trade in USD/JPYof 12.80 units or closed of $1,757, this should have not occured if Max Trades would have been followed then there would have been no profit at all for the week if what I have discussed would have been removed from the report?
thanks!
I can understand your comment but the last weekly period had trades from each of the 30 TP combinations. At the begining the maxtrade was 10 allowing for up to the 12.8 trades and after the USDJPY trade of 12.8 unit the maximum possible was 1.6 and this occurred only once and when it occurred the indicator on the chart noted that there would be no further trades open. I discussed that previously here.
Yes the other pairs had been reset to MaxTrade5 but I left USDJPY because it was already in progress intending to reset it after it either closed itself or it became in profit overall. I woke up to find that it had closed.
If you can see the progressivegif previously posted with timeframes you will understand the trades better.
i found out my problem. I am trying to trade starting with .01 lots. If I start with .1 lots it will double when it is suppose to, but if I start with .01 lots it will only open 1 trade. Does any1 know how to get a round this?
the above settings allowed the Ea' to open multiple positions
*note - demo account*
i started with 1 pair (eurusd) then mid week added (gbpusd)
the balance sheet read as the following:
1479.00 = profit
332.00 = loss (8.00 is from me manually closing positions on friday afternoon)
1147.00 = over all profit for the week
*next weeks goal * is to run the 3 pairs for the full week
(eur/usd, gbp/usd, usd/chf), during news releases and all and see what happens.
hope this information helps.
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Last edited by furious_angel; 09-09-2006 at 11:46 PM.