Gertje plus Squalou plus Forexhard EA

[laharjaya]

After 4 weeks, I have doubled my demo account (from $5,000 to $10,053). As the demo is an Axitrader account, it only lasts one month so it will stop in a day or two.

There has been very few trades in the last few days due to most pairs that I have it on not having the right conditions to create the breakout box. I have started a small live account trading this one, but with much more conservative lot sizes because one thing I learnt during the demo was that this can get away real quick if it runs low on cash.

In the time it was running, I had 2 days where I lost money, the first was when I had too many pairs and too big a lot size and the system ran out of cash, I had to close losing trades to get it running again. The second was when I was fiddling with the lot size calculator and I had a trade that, while gaining 100 pips, had bigger trades on the losing side than the winning side. Both of these were my fault and not the fault of the EA.

It will be interesting to see the result of a longer live test, but it really depends on market conditions.

just using ootb setting ?

[SteveM]

just using ootb setting ?

Yes, except for lot size which was detailed one page back.

One more thing I have noticed with this one:
If you set MaxPairsAllowed, the on screen feedback will correctly tell you when the max number of pairs is trading, but it doesn't stop the EA from taking trades on new pairs.
I have looked at the code and I can see the following in the start routine

Code: Select all

   if (!StopTrading)
   {
      //max pairs check
      if (NoOfPairsTrading >= MaxPairsAllowed && MaxPairsAllowed > 0) return;
      

But it doesn't appear to have the desired effect, and I can't figure out what to change it to.
I had MaxPairsAllowed = 5 and found 7 pairs trading. Now I have cut it back to just the trading pairs so no more will open.

My live test is having a similar result as the demo had, but at 1/10th the size.

[ankof1]

My live test is having a similar result as the demo had, but at 1/10th the size.

Hi
First of all this is my fist post on stevehopwoodforex.com

Could you share your results?

Kind regards

Edit: could you post your setfiles?

[Fx93]

I've been demoing this since 5/1 on FXDD. After about two weeks I changed the max pairs to 10 to get a better feel for it, but other than this it's ootb settings. I have it trading these pairs, though if I go live I will eliminate GBP/JPY for sure since EUR/JPY is similar with better spread, and perhaps a few others:

USDCHF, GBPUSD, EURUSD, USDJPY, USDCAD, AUDUSD, EURAUD, EURCHF, EURJPY, GBPCHF, CADJPY, GBPJPY, AUDCAD, AUDJPY, CHFJPY, EURCAD.

I'm up 950 pips with 3500 pips current drawdown. It got as high as 4500 I saw.

Is anyone in the US running this live, wondering what broker you are with since it hedges (buys/sells same currency)?

[Fx93]

just using ootb setting ?

Yes, except for lot size which was detailed one page back.

One more thing I have noticed with this one:
If you set MaxPairsAllowed, the on screen feedback will correctly tell you when the max number of pairs is trading, but it doesn't stop the EA from taking trades on new pairs.
I have looked at the code and I can see the following in the start routine

Code: Select all

   if (!StopTrading)
   {
      //max pairs check
      if (NoOfPairsTrading >= MaxPairsAllowed && MaxPairsAllowed > 0) return;
      

But it doesn't appear to have the desired effect, and I can't figure out what to change it to.
I had MaxPairsAllowed = 5 and found 7 pairs trading. Now I have cut it back to just the trading pairs so no more will open.

My live test is having a similar result as the demo had, but at 1/10th the size.

I thought I read somewhere with the Beast that it trades two more pairs than you set the max pairs at, this probably does the same thing.

[Fx93]

There is an error in the lot size calculation for lots / 1000 of balance

Existing code:

Code: Select all

SendLot = (RoundDown * 0.1) / 1000;      

Uses a fixed 0.1 ratio, the correction is

Code: Select all

SendLot = (RoundDown * LotsPerThousandOfBalance) / 1000;      

Other than that, I'm loving this one. Out of the box, running on AUDUSD and GBPUSD my demo has gone up 70% in 3 weeks. It would have been higher, but I tried to add pairs without changing the lot size per pair and ran out of margin.

I implemented this fix, first time I edited any code on Empty4 lol.

I was wondering what to set the following at now, here is what I did:

Lot = .01
LotsPerThousandofBalance = .01
Incremental Lot Multiplier = 1

[SteveM]

I was wondering what to set the following at now, here is what I did:

Lot = .01
LotsPerThousandofBalance = .01
Incremental Lot Multiplier = 1

Lot: You want this set so as to give you an initial starting lot no greater than the calculated lot size below. Once you get over a few thousand increase it a bit.

LotsPerThousandOfBalance: If trading more than 6 or 7 pairs leave this at 0.01, if less it can be raised a bit

IncrementalLotMultiplier: Only greater than than 1 for the very brave

[laharjaya]

SteveM

Thanks for ur info

hopefully u can also the list pair that u taken for trading.

[SteveM]

I have been running on most of the major pairs, on and off. I haven't found any that are more or less suitable than any others.
I don't use the MaxPairs setting. I generally have about 4 - 6 pairs with the EA running and if not enough have open trades and don't look like the setup is right to open one soon, I'll look for another pair and put it on there.

I also have some open trades that I am managing manually because I had the lot size setting too big and nearly blew the account.

[laharjaya]

that possible for trading

0.1/1k setting, others still ootb


just taken 1-2 pair