Search results

Hi guys, this is a follow up post on why M1 is my preferred choice. As mentioned in my previous post, the EA will be triggered to perform an action at every time frame. If you look to the account statement at mql5.com, the opening time for orders is M1. Imagine you load your EA at server time...

Oshaban, a small suggestion for your next version would be to indicate the level in the comment section. For instance if the EA opens 5 orders, the comment of the last order can read - No Sleep EA v3 - tier 5 Thanks! :)

Here's my attempt to provide an answer for the correct time frame to use. The right and short answer is: It depends on your risk tolerance, profit expectations and the kind of broker that you use. The time frame I will use personally is: 1 minute time frame. I will provide my reasons at the...

You are an interesting trader lol

I would like to address a few points here to clear up all the confusion and juvenile questions that I’m seeing here. 1. Is back test accurate? I have 6 instances of live account MT4 running the same EA with the same settings opened on the same day. One month later, I observed that the results...

Can you please explain the logic of the news filter? I'm curious to know. Typically a high draw down starts to form a few days before an important news because market usually prices in the forecast of the news. If what the filter does is to stop trading on the day of the news, then it will not...

Thank you so much! You’re professional in your replies and definitely a competent algo programmer! Could you also share more about your other works? I’m keen to look at your premium EAs that you are selling because I believe in paying for quality products! Thanks!

Learn to spell.

You need to learn to grow a backbone and cease that self entitlement.

This is a martingale EA. Your ability to money manage will determine whether this EA will work for you or not.

Thanks for your reply. Appreciate it :)

Hi Oshaban, good day. Hope all is well on your side! I have a suggestion to make but I'm unsure if this can be done on a code level. At present, the Take Profit is adjusted at every order. I'm wondering if it is possible to add a trailing stop when the price hits a certain take profit...

The results are the same.

Thanks for pointing out. I used the older version by mistake.

Tested Period: 1 Nov - 1 Dec EUR/USD Long Only Profit: $20 (Max Drawdown: 4%) EUR/USD Short Only Profit: $53 (Max Drawdown: 30%) GBP/USD Long Only Profit: $33 (Max Drawdown: 5%) GBP/USD Short Only Profit: $33 (Max Drawdown: 2%) USD/JPY Long Only Profit: $25 (Max Drawdown: 4%) USD/JPY Short...

The following setting is I am comfortable to use based on an equity size of USD 500 on a cents account. Specifically, I backtested this on FBS Cents account with 1:1000 leverage with the following pair: EUR/USD - Long only and short only GBP/USD - Long only and short only USD/JPY - Long only...

I think that back testing is the next best thing to forward testing. I know it is not 100% as data can differ from broker to broker. However I have used other martingale EAs before, have busted a couple of accounts and hence, have a sense of what kind of settings will be disastrous and what will...

Hi guys, I will be running an Optimisation test for V2 on EUR/USD and GBP/USD using 2017 data and will present what I feel is the safest and most profitable settings. Stay tune.

Hi buddy, what this means is that the EA should not be sold as a commercial product because Oshaban has very kindly allowed us to use at no cost. So it would be immoral and unethical to do otherwise. You can use it at your own personal capacity.

Hi Oshaban, hope all is well on your side. Awaiting your new version with the dynamic PipStep (: Once again, thank you!