A truly amazing EA

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Folks if I could trade this system live here in the USA I would restart it more often than I do here in this thread. Restarts are a good thing and reduce risk.

ES
 
qlai said:
Hm. Whatever do you mean? Do you mean your machine learning majic box spits out hundreds of highly over optimized strategies per day? I don't mean to be disrespectful, but how does one get the courage to put meaningful money on the line without understanding risks involved?
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I wrote this as response to EA’s point that he has difficulties understanding this strategy that seems to be clearly described. From this point of view you can argue that a strategy is perfectly clear, or that you wish you understood better why or how it works. Some people will argue that trend following on 20/200 sma works and they perfectly understand how and why, while others will call bs and prove that it doesn’t work and they don’t understand why it would. There is not even a reason to argue this because it’s just a point of view. My magic box spits out startegies that surprise me and I learn why and how they work, but of course have to deal with risks and things I may not know, as well as dealing with overoptimization. While there are also hedge funds that utilize black box strategies without fully understanding them but testing them for risk. Hey, even Tesla puts lives of their drivers into the “hands” of AI withiout fully understanding how the AI works internally - just some neurons are connecting together and making decisions for us. So even trusting a machine with a bit of money may not be so bad.
 
guru,

If that the case I would really appreciate if you can you complete this in blue? see 2nd quote

I wrote this as response to EA’s point that he has difficulties understanding this strategy that seems to be clearly described.
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ElectricSavant said:
Lets try and figure out what this EA is doing?

If there are no open positions (opened by the EA), two oppositely directed positions with the "Lots" initial lot are opened with a stop loss equal to "Stop Loss", while take profit is not used. Stop loss moves using trailing ("Trailing Stop" and "Trailing Step" parameters are applied).

Ok so we get a hedged opening (1 long & 1 short) with a trailing stop on each side when the EA first starts... so far so good. One position will eventually close before the other one and there will be a loss in the other one. This can take some time usually one day.

I sometimes turn the EA off to capture profit and get a restart from the beginning. So this Hedged start can be expected in beginning when I turn the EA on each time. It takes one day for the EA to find its direction. The restart is good as it restores leverage and it allows the EA to naturally find what the market IS CURRENTLY DOING.

Trailing

Position's first modification reliably moves a stop loss to a breakeven or even a small profit. The subsequent modifications of Stop Loss increase the guaranteed profit.

So the stop loss that is used when first starting this EA is a trailing stop. One of the orders will reach a profit and the other order will be in a loss...this is the nature of a hedged opening. Anyways the profitable side of the hedge will get the trailing stop loss following the positive price direction and hopefully reach breakeven or more. below are some scenarios:

Two stop loss activation options are available afterwards:

Position has closed with a loss
In this case, we assume that the trend has reversed
So the trailing stop on the positive side of the hedge did not get enough follow through to get to breakeven.

Open a position with an increased lot (add "Number of minimum lots" to the volume of the remaining position) in the direction opposite to the closed one. For example, the unprofitable BUY position has been closed. Then open a SELL position with an increased lot. Thus, we obtain two positions in one direction.

Rather brilliant how Urdala determines direction...ON PRICE ITSELF...LOOK MOM NO INDICATORS.
Further on, it works only in the obtained direction:

So it pyramids


wait till the price leaves the least loss-making position by "Step" points in the loss-making direction and open a position with an increased lot (add "Number of minimum lots" to the volume of the least loss-making position) in the direction of existing positions (as you remember, we have one or several unidirectional positions). ?????

I am lost here


Position has closed with a profit (this is the position that was modified at least once)
  • 2.1. We assume that this is not a trend reversal, but a small rebound. Open a position with an increased lot in the direction of the closed one. For example, a profitable BUY position has been closed, then we open a BUY order with an increased lot. Thus, we obtain two positions in the same direction.
  • 2.2. We try to apply trailing afterwards. In any case, one of the Stop Losses will work and we will return either to p. 1 or to p. 2.
Calculation of BUY and SELL positions, total profit on BUY and total profit on SELL, as well as searching for the least loss-making BUY and SELL position are performed within one call in the CalculateAllPositions function.

Can someone tell me what this EA does? I can't figure it out. All of this is translated from Russian.
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Guru,

Repeating what people are posting that I have on ignore & blocked is not helpful.

Apparantly they are going to great lengths to post knowing that they are on ignore and blocked. If they want to read this post they must read it as a guest...that is truly a sick and weak mind if they go to that great of a length to stalk me.

I have every right to choose who I want to share my journey/ experience with. Do not take it personal.

ES
guru said:
Btw, couple people are reporting here that you’ve blocked them and that that’s a sign of mental weakness. Just keep that in mind :)
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This EA is truly an ATM machine. The longer you leave it on the more you will make and the more risk you take on. Don't get greedy. Turn it on wait a day then check back...turn it off withdraw...rinse and repeat...

....every 2 or 3 days you should be able to drag out some income.

I like the strategy of dragging out half and letting the other half ride. You establish a new high water mark and at the same time get some income. Try to find a dealer that has a fee-free withdrawal choice and 1000:1. Some of them have a free VPS.

Every increase of 1k in your account increase your Lots in the inputs by 0.01. Then double your withdrawal rule of "half now and let ride".

I'm moving overseas....F*(k America (not really)

ElectricTheGiftThatKeepsOnGivingSavant

2018-10-07_075625 Lot increase.png
 
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Now be very careful. For those of you that grasp what you have here you can experiment with Number of Minimum Lots. THIS IS ONLY FOR THOSE OF YOU THAT EXIT ON DAY 1...2 OR 3.

You can increase it to more than 3. If you make it 4 your second trade within the EA's progression will increase to 5 not 4 if you are using 0.01. In my case I am using 0.05.

CAUTION THIS IS LINE TWO IN THE EA INPUT DIALOGUE...NOT THE "LOT FIELD" IN LINE ONE

2018-10-07_080552 Gambling.png
 
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Make sure that you have a UNIQUE MAGIC NUMBER for each pair that you drag this EA to. I have not tested with more than four pair. Be careful not to pick pairs that all move together (positive correlated).
2018-10-07_081511 Magic.png
 
These fields circled in the image below are the fields that you are updating from what the 1440 ATR indicator on the M1 chart is indicating.

2018-10-07_081845 ATR Fields.png
 
qlai,

No you cannot have a sub-account...Think about it. An EA on each side would still want to hedge..You would need a long only or short only choice and then how would that work? This EA derives info from the result of the choice. It cannot see the sub account from the primary account and talk to each other.

qlai said:
Sorry if I missed it, why can't you trade this in the US? You can't open two FX accounts?
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