Multi 10:4 Trader EA

[cuzgeorge]

Cuz,

Thanks for setting up the comparison link to those accounts. I never looked into that feature on MyfXbook. Yes the earlier versions are better and performing reliably and easy to manage them.

The reason behind the success of this EA in my opinion is that it selects the entry points spot on and deletes all expiring pending orders so we do not accumulate extra large losses. This is why DD on this one is really small.
I am fully concentrating to use this EA and it's different versions on my LIVE accounts. I am still experimenting with TP settings and GEC closure amounts. Yes all those DEMO account uses GEC to close all trades at a set equity level. Works like a charm so far.

Andy, Thank You for creating this outstanding piece of "ART".

Looking forward to your next venture.

Thanks again.

Frank

Hi Frank, Andy, all,
the main changes i made to the versions was on the RSI settings, detailed in the name and general tab of the relevant demos. I didnt like the 98/2 setting. I'm not code-literate, so i depend on what i read from posts like yours and other coders. The GEC strategy is also working for me. (admission- i never liked closures like this before). The % for the lots is also 'bugging' me, i dont like to trade with even 2%, so in reality i'd drop that.
I have also seen the earlier characteristics of Bobs systems where they are dependant on trending, but Andy has somehow managed to code a much better entry point with 10.4. Thats the difficult part. Kudus to you Andy and all who help you develop this.

cuz

[kwchau]

Hi I'm still testing 2.01a with RSI setting at 80/20. Performance is quite decent. Won $3650 since Apr 10 and currently with a drawdown of $250. The maximum drawdown, if I remembered correctly, is about $1000.

Lately I notice that there are many of this "market is closed" error:

2013.05.10 16:11:02 Multi_10_4_EAv2.01a USDNOK.G,M30: CADCHF.G Multi_10_4_EAv2.01a OP_SELLSTOP order send failed with error(132): market is closed, BUY, Price 0.9177,Stop 0.9224,Take 0.9076

Wonder if anyone has the same problem and know how to fix it !

[nubika]

Cuz,

Thanks for setting up the comparison link to those accounts. I never looked into that feature on MyfXbook. Yes the earlier versions are better and performing reliably and easy to manage them.

The reason behind the success of this EA in my opinion is that it selects the entry points spot on and deletes all expiring pending orders so we do not accumulate extra large losses. This is why DD on this one is really small.
I am fully concentrating to use this EA and it's different versions on my LIVE accounts. I am still experimenting with TP settings and GEC closure amounts. Yes all those DEMO account uses GEC to close all trades at a set equity level. Works like a charm so far.

Andy, Thank You for creating this outstanding piece of "ART".

Looking forward to your next venture.

Thanks again.

Frank

Hi Frank, Andy, all,
the main changes i made to the versions was on the RSI settings, detailed in the name and general tab of the relevant demos. I didnt like the 98/2 setting. I'm not code-literate, so i depend on what i read from posts like yours and other coders. The GEC strategy is also working for me. (admission- i never liked closures like this before). The % for the lots is also 'bugging' me, i dont like to trade with even 2%, so in reality i'd drop that.
I have also seen the earlier characteristics of Bobs systems where they are dependant on trending, but Andy has somehow managed to code a much better entry point with 10.4. Thats the difficult part. Kudus to you Andy and all who help you develop this.

cuz

Cuz,

I have the same identical setups like these without GEC closure feature. (I wanted to be sure that I am doing the right thing by applying GEC.)
I can tell you that, with this method you need the GEC. All those accounts running only on TP and SL settings have 2 x larger DD than the GEC ones. Balance is similar but DD much larger.
So it is proven that periodic closure is required to keep things in control.

Frank

[MrLong]

Hi I'm still testing 2.01a with RSI setting at 80/20. Performance is quite decent. Won $3650 since Apr 10 and currently with a drawdown of $250. The maximum drawdown, if I remembered correctly, is about $1000.

Lately I notice that there are many of this "market is closed" error:

2013.05.10 16:11:02 Multi_10_4_EAv2.01a USDNOK.G,M30: CADCHF.G Multi_10_4_EAv2.01a OP_SELLSTOP order send failed with error(132): market is closed, BUY, Price 0.9177,Stop 0.9224,Take 0.9076

Wonder if anyone has the same problem and know how to fix it !

Hi,

It's a broker thing, when this happend before, I tried to open a manual trade but that also said market is closed, check this link: http://www.stevehopwoodforex.com/phpBB3 ... &start=920

Andy

[MrLong]

Well guys, I'm pleased you like the EA, the latest version should run well, just turn the useCSS switch off and it will run as before, I also advise to set these settings:
extern bool useFilterCurrencyNumber = true; //Allow a currency, like JPY to trade NumberToTrade as below
extern int NumberToTrade = 2; // Allow a currency, like JPY to trade this number of trades at the same time, but will allow to add to open trades.
They will only allow 2 trades of a specific currency to trade at the same time.

Andy

[cuzgeorge]

Andy,
please be aware the update for build 500 is out for Empty4, it seems to be fine after retsart, although i am lucky i had a template and set file saved before i shut down, as i was asked for the paswords all over again and screens were all back to default.
regards
cuz

[kwchau]

Hi I'm still testing 2.01a with RSI setting at 80/20. Performance is quite decent. Won $3650 since Apr 10 and currently with a drawdown of $250. The maximum drawdown, if I remembered correctly, is about $1000.

Lately I notice that there are many of this "market is closed" error:

2013.05.10 16:11:02 Multi_10_4_EAv2.01a USDNOK.G,M30: CADCHF.G Multi_10_4_EAv2.01a OP_SELLSTOP order send failed with error(132): market is closed, BUY, Price 0.9177,Stop 0.9224,Take 0.9076

Wonder if anyone has the same problem and know how to fix it !

Hi,

It's a broker thing, when this happend before, I tried to open a manual trade but that also said market is closed, check this link: http://www.stevehopwoodforex.com/phpBB3 ... &start=920

Andy

Thank you very much, Andy.

[MrLong]

Andy,
please be aware the update for build 500 is out for Empty4, it seems to be fine after retsart, although i am lucky i had a template and set file saved before i shut down, as i was asked for the paswords all over again and screens were all back to default.
regards
cuz

Thanks cuz,

I deleted all my update folders and exe files, so I haven't had the update as now, but I'll have to update soon or MT normally forces you to do so.

Andy

[nonlinear]

I am using the CSS option OOTB and have only had winners so far. Looks like it will typically take 2-5 trades per week, but lets see. I am fine with less trades.

[thelearner]

thanks for the hard work Andrew. I am not a fan of full automated trading though, is it possible to make this semi automatic, for example, I read the dashboard for potential trades and then I run this EA on specific pairs only instead of all possible pairs at the same time. Or this is already built in your EA too? If it does then my question is unnecessary