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  #11 (permalink)  
Old 06-08-2007, 10:58 AM
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Hi
Hi Wackena,

Nice to see that you've developed an EA that shows such good results. I know how hard it is to make such an EA. I wish you a lot of success with the commercial part of your EA.

Regards,

Hendrick
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  #12 (permalink)  
Old 06-08-2007, 11:17 AM
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Hendrick,

Thank you. It was nice to read your post.

Wackena
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  #13 (permalink)  
Old 06-08-2007, 01:08 PM
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Welcome back Hendrick!
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Old 06-08-2007, 01:56 PM
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swiss
Hi Wackena,

Had a sell signal on the Swiss yesterday on IBFX.

I closed the trade manually fifty pips against .Just as well as it went much further.

I noticed on ebay that you had an open trade on the swiss.

Is this a problem pair and how long do you hold the losers on average?
I noticed your stops are quite generous.
Last edited by retro; 06-08-2007 at 02:34 PM.
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  #15 (permalink)  
Old 06-08-2007, 04:34 PM
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Quote:
Originally Posted by retro
Hi Wackena,

Had a sell signal on the Swiss yesterday on IBFX.

I closed the trade manually fifty pips against .Just as well as it went much further.

I noticed on ebay that you had an open trade on the swiss.

Is this a problem pair and how long do you hold the losers on average?
I noticed your stops are quite generous.
The initial order stoploss is set at 250 pips and is a safety net against runaway market. The daily high/low on the major 4 pairs can range 100's of pips. This ea needs room some days to allow the price to range in wrong direction before it reverses to the 6 pips in profit to trigger Trailingstop (s/l) routine that resets sl and guarantees profit. So far, in all testing, 250 pips has been best initial order stoploss. This week, several pairs have had large drawdown. So far, all reversed for profit.

Max time open in past testing has been 8 days. Have had several orders open for 2-3 days.

Wackena
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Old 06-08-2007, 04:49 PM
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Quote:
Originally Posted by smalltalk
Welcome back Hendrick!
welcome back to you too......
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  #17 (permalink)  
Old 06-08-2007, 05:09 PM
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Quote:
Originally Posted by retro
Hi Wackena,

Had a sell signal on the Swiss yesterday on IBFX.

I closed the trade manually fifty pips against .Just as well as it went much further.

I noticed on ebay that you had an open trade on the swiss.

Is this a problem pair and how long do you hold the losers on average?
I noticed your stops are quite generous.
The last 2 days has been the largest High/Low price range this year on USDCHF. If this EA can survive this span, I think it will handle most daily situation it encounters.

Wackena
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Old 06-10-2007, 12:27 PM
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Is it possible to backtest this system?
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Old 06-10-2007, 01:07 PM
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Quote:
Originally Posted by fxhst329
Is it possible to backtest this system?
Yes, this EA can be backtested using the Strategy Tester in Metatrader MT4 Platform. I've gotten very good backtest results with 90% Model Quality. Just a word of caution that, in my experience, backtest results have not been a reliable indication of Demo or Live results.

Wackena
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Old 06-10-2007, 04:02 PM
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is it send you money vis paypal, and you will send the EA to the Email address in paypal ?
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