A truly amazing EA
- Thread starter ElectricSavant
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Folks...so there you have it...I will continue to post if you wish or I can put you all on ignore and block you...Just kidding...take it easy.
ES
ES
You don't need them talking to each other. One will trade longs and paper/sim trade shorts, the other will do the opposite. I don't think fills would be a problem. If they diverge for some reason ... restart.
Trading manually compared to using strategy to trade automation is sorta' the same but different.
In trading automation the "individual triggers" to go long and short do not need to be decided upon. The EA takes over the strict enforcement of these decisions and any subsequent trades.
This EA I am presenting here left to its own devices will blow up your account. You must trade it.
For those of you that came to this thread looking for a "set & forget" solution to your quest for some side income while working full time you will be disappointed. I can further tell you that such an EA does not exist. It might for a while. I have searched for this elusive EA for over a decade to no avail.
I view this EA as an ATM machine. I stand in line with my card and press some buttons and take some money out for the day. Tomorrow I get back in line. The ATM machine is closed on Weekends.
ES
In trading automation the "individual triggers" to go long and short do not need to be decided upon. The EA takes over the strict enforcement of these decisions and any subsequent trades.
This EA I am presenting here left to its own devices will blow up your account. You must trade it.
For those of you that came to this thread looking for a "set & forget" solution to your quest for some side income while working full time you will be disappointed. I can further tell you that such an EA does not exist. It might for a while. I have searched for this elusive EA for over a decade to no avail.
I view this EA as an ATM machine. I stand in line with my card and press some buttons and take some money out for the day. Tomorrow I get back in line. The ATM machine is closed on Weekends.
ES
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How do you make it go long only and short only in MT5? I think we need to add a chunk of code in the EA itself don't we? Does FIFO affect this EA?
Es
Es
I know nothing about MT.
Yes code needs to be changed. Don't have to split along long /short ... Split along pairs. So your code will be something like:
BuyPair( thePair )
If thePair is on paper list :
FakeFill
Else
SendOrder
GetPosQty( thePair)
If thePair is on paper list :
return fake_qty
Else
return real_qty
I printed the code, but don't when/if I get to it.
Yes code needs to be changed. Don't have to split along long /short ... Split along pairs. So your code will be something like:
BuyPair( thePair )
If thePair is on paper list :
FakeFill
Else
SendOrder
GetPosQty( thePair)
If thePair is on paper list :
return fake_qty
Else
return real_qty
I printed the code, but don't when/if I get to it.
Something to note...
When you're flat from Friday do not turn the EA on at MOO on Sunday...wait until the spread settles down or you will have 50 bucks to make before you get to BE if trading 0.05.
This EA needs a spread input telling it not to trade until it gets to the input value..
I need to eliminate the need for the "close by equity percent" EA and build it in to this EA. This should work together with the input to keep open or close the EA after it takes profit.
Also the ATR calculation inputs could be included eliminating the manual ATR adjustments.
Es
When you're flat from Friday do not turn the EA on at MOO on Sunday...wait until the spread settles down or you will have 50 bucks to make before you get to BE if trading 0.05.
This EA needs a spread input telling it not to trade until it gets to the input value..
I need to eliminate the need for the "close by equity percent" EA and build it in to this EA. This should work together with the input to keep open or close the EA after it takes profit.
Also the ATR calculation inputs could be included eliminating the manual ATR adjustments.
Es
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Attached are the current ATR settings. I made a small change in them. The four pair that are trading now relate to the EUR/USD and not the USD/CHF. So I installed the ATR indicator on the EUR/USD (the chart with the black background that has the 2nd. "close by equity percent" EA that is not trading).
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Does anybody have any questions?
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