The New Beast!

[Ribelo]

You must to update. I found a lot of serious bugs in module creating a global variables, and the module that calculates size lots. A total of nearly 200 lines of code. Now everything should be fine.

[fluegel]

You must to update. I found a lot of serious bugs in module creating a global variables, and the module that calculates size lots. A total of nearly 200 lines of code. Now everything should be fine.

Thanks. I'll do it ASAP.

[KingHigh]

Ribelo,

Are you thinking about adding the Hanover Recent Strength data into your entry/exit logic. It has been well received in other EAs.

KingHigh

[laharjaya]

what your starting capital ...

[Ribelo]

Are you thinking about adding the Hanover Recent Strength data into your entry/exit logic.

I tested the Hanover Recent Strength and do not like it. I tried once to force the beast to play with the trend, nothing good came of it. At the FF also tried to add different filters to the Spider, and the only version that earned money was the oldest and simplest.

My starting capital is 1000PLN ~ 400$

Regards,
Ribelo.

[DING]

Hi Ribelo,

could you share , why you choose these pair to trading for NEW Beast EA,

EUR/USD, GBP/USD, AUD/USD, EUR/AUD, GBP/AUD, USD/CAD, EUR/CAD, GBP/CAD, AUD/CAD and EUR/GBP, AUDNZD, USDNZD.

:

[Trokhon]

Great work !!!

But I have one question


I had numerous single trades today on different pairs which got all a 50 pips broker visible SL.
Under which conditions is a fixed SL used? It was during the chf spike. Most of them got stopped out.

Never saw this on original beast,
is this from the cbi module i suppose?

thanks in advance

[alex_forex]

Hi all !

Will update the EA on the demo tonight.

Regards
Alex

[Wapen]

Hi,

"yourcrazykids" made a comment where he change the recovery as follow "Concerning the recovery section, I chose to modify the EA to use recovery lot sizes of lots*2, lots*4, lots*6, lots*8 and lots*16. This was after careful consideration of the drawdown risk versus the recovery speed, and it has served me well so far. As stated, keep plenty of equity spare."

I always had the idea of adding more recovery trades. Is it possible to ad such variables?

[Ribelo]

Minor but important bugfix. Latest currency in the terminal was counted twice in the balance pair module . Update in first post.

Hi Ribelo,

could you share , why you choose these pair to trading for NEW Beast EA,

Right now I avoid currency pairs with CHF and JPY. In turn, these pairs have mentioned is acceptable spreads with my broker. Also, I think it is good to have multiple pairs based on a small number of currencies. They can hedge each other and prevent a large loss of capital.

Trokhon,

the only possibility is the CBI module. Other transactions are rigid entered SL and TP 0th To be sure, check the EA settings how you set SL and TP for the CBI, if they are the same as a transaction, we have sure.

Wapen,

I think it is too much risk. I do not have so much capital available to enter into a transaction 0.12 lot and sleep calmly at night. A much safer it seems to me that everyone at your own risk save the transaction, when L3 does not work. Personally, if L3 is not working, I hedge trade in the most appropriate time for me.

Ribelo.