New EA 2P-Breakout EA

[Friend G]

I have an EA for gold trading, the idea is from a member of the FF forum.

here is his idea:

Hello, is there any coder who could build an EA that would meet these conditions?
1. When the EA is turned on, the EA immediately starts recording the lowest value of the instrument it is running on and writes this value to the "Global Variable" in MT4 (for example, NSDQ_low=xxxxx.xx)

2. When it reaches 1% upwards, it turns on a long trade. It places the stop loss at the given lowest value that it has recorded in the "Global Variable" so 1% down.

3. When it reaches another 1%, it starts moving the TSL. The EA therefore never actually ends in TP, but always at SL or TSL.
This strategy works perfectly on the Nasdaq Index and believe me, the backtest results will amaze you.

And, here is the EA. (Timeframe: any)

 

[Friend G]

First trade by this EA.

 

[Friend G]

 

[Friend G]

 

[Lime88]

Settings? Setfile?

 

[hvn000]

I tried it on gold in a sell, in a tester. Total losses.

 

[Friend G]

 

[Friend G]

I tried it on gold in a sell, in a tester. Total losses.

Due to the characteristics of Gold and NSDQ, only long positions can be taken.

 

[Noreen Shahid]

I have an EA for gold trading, the idea is from a member of the FF forum.

here is his idea:

Hello, is there any coder who could build an EA that would meet these conditions?
1. When the EA is turned on, the EA immediately starts recording the lowest value of the instrument it is running on and writes this value to the "Global Variable" in MT4 (for example, NSDQ_low=xxxxx.xx)

2. When it reaches 1% upwards, it turns on a long trade. It places the stop loss at the given lowest value that it has recorded in the "Global Variable" so 1% down.

3. When it reaches another 1%, it starts moving the TSL. The EA therefore never actually ends in TP, but always at SL or TSL.
This strategy works perfectly on the Nasdaq Index and believe me, the backtest results will amaze you.

And, here is the EA. (Timeframe: any)

do you have MQL Code file?

 

[nguyen van ly]

veryy good

 

[nguyen van ly]

oke thanhk

 

[AnthonyM]

Due to the characteristics of Gold and NSDQ, only long positions can be taken.

Is this only really for buy position? or it would be change when Gold goes to bearish? The parameters on Ea does have buy and sell though.

 

[bagaspratama]

What this ea ?

 

[Jseid]

Is the backtest and live trade are matching?

 

[Jseid]

Is the backtest and live trade are matching?

Seems similar yesterday it enter buy trade and got loss and in beach test it showing so I guess it not history reader.

One thing shall edit some parameters to get into trade frequently?

 

[Friend G]

I have nothing to say

 

[NeonTrader]

Greetings! Look at the test results. Please note that the test was done with 99% quality. Only such backtests need to be considered. The test of the beginning of the year, for the first five months. Start at $100, long position. And this is without optimization, by default, so even better results are possible.
The shorts were also tested, but they are in a severe negative.

 

[Friend G]

Greetings! Look at the test results. Please note that the test was done with 99% quality. Only such backtests need to be considered. The test of the beginning of the year, for the first five months. Start at $100, long position. And this is without optimization, by default, so even better results are possible.
The shorts were also tested, but they are in a severe negative.

Do you know what 1% of $100 is?

 

[NeonTrader]

Do you know what 1% of $100 is?

Конечно

 

[Jseid]

Test year like 2020 all are in loss, i guess ea might be optimised for recent year's