MADTrader

[neocount]

Thanks for that neo but it seems to be the set file for the mad ea.

Oh, and thanks to everyone in the thread, especially the code wizards.

Your right. I replaced it in the original post.

[Kubez]

Thanks

[neocount]

Thanks

Really all I did Kubez is just change BE and JS to 1 hour ATR so they are a little more conservative.

[pcorneli]

The best thing ofcourse is only open good trades. Trend and filter and more filters.

But DD will be there.

How to Prevent DD!
This is the thing we all like to see.

Maybe a key is in reentry.

On the longer timeframes we go for 100 ore more pips.
So it does not matter if we spend a bit on reentry.

One way i can think of and that can be implemented in MAD is like this.
Open a trade with lets say 0.5 pips.
Now this trade goes against us. We close 0.4 pips. Or 0.01 depending on minlotsize.
Now the los is limited, but the AE stil knows the trade.
This only one of the mechanismes.
If the DD comes back again, and the EA still does know the trade, it opens the original lotsize again and brings us the 100 pips.

I know that this is easy sayd, but there is nothing wrong with thinking.

[919gilead]

I couldn't agree more with you Leon. And you read me very well

Hi George, Maybe it is because I have followed a similar career path as you for most of my life...

Have a great weekend

Leon

Now I see

Enjoy the rest of your week end too, and see you folks next week.

Shalom :hi:

George

[919gilead]

Your other 4 looks quite impressive as well. New strategy using m30 on mad-ea?

As for me, i close my trades before end of NY session. Along with this, the trademanager strategy of closing 50% at BE (20 pips trigger and 10 pips BE profit) and jumping SL. This practice has produced a pattern that might usable to further avoid timing of bad trades.

However, this strategy still exposes us from retracement for a period until manual closure at end NY session.

gain% across hours of a new demo account for trades last week (i do a new demo acct every week for a fine tune strategy)

Hours below are broker time at GMT +2. So avoiding opening anything at 19 and open again at the 3rd hour could help at least for last week.

*take note that my last week trade was strangle having only BUY, but it still reasonable gain.
*trading style of skipping monday entirely, and only trading first half of friday.
*0.20 lot size.

Very impressive Bismark and let's implement the time filter for next week and see how it goes.

Increasing the StrengthSignals number from 4 to 5 and even 6 will reduce the number of qualifying groups, thus generating only few trades and may probably reduce the DD too. Something to maul over and try on demo next week.

Shalom and enjoy the rest of your week end.

[919gilead]

Good morning :hi:

Just woke up in this part of the world and this is how the EA is doing

MAD EA Result 1 - 3072016.gif

Shalom :youknow:

[stock]

Hi,

Great job on this EA! It is proving to be one of the best I have seen.

My results for last week, using a slightly modified version of WaveGarrick's 2160 set and Steve's MPTM.
I have restricted the times that the EA can place trades during each session and take no further trades after 17:00 GMT until 02:30 GMT.

I just let the existing ones play out. (+02.30,-07.59, +10.30,-12.59, +15.30,-16.59)

Andre

I want to ask question about TradingTimes parameter.
The setting above is GMT.
I read manual it's local PC time, not broker time.
If my PC (VPS) time is GMT -8 how to set this parameter.

[neocount]

Stock, it will be based off the time of the vps which you just look at through whatever operating system your vps uses.

[Wavegarrick]

Hi Guys

Btw George very good results

Just to let you know I am still here and very much testing different settings and leaning towards conservative settings in order to simulate live trading conditions....

Monday is usually slow but Mad proves once again that there are some pips to be made.

Tc