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José Luis Live Account Experiment
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Author:  jlcgarcia [ Mon Oct 12, 2015 1:55 pm ]
Post subject:  José Luis Live Account Experiment
jlcgarcia » Sat Oct 10, 2015 1:34 pm wrote:Hi,

there are some people using EuroSpeedWay Lite v2 and others using ElGranHalcon 15 Min Patience, what will happen if these EAs are combined into a new one ?

I have taken the EuroSpeedWay and added an aditional filter from ElGranHalcon, eliminating the restriction to only trade the EURUSD pair.

With this modification I intend to filter the bad trades more accurately.

This EA can be demoed with any 4H chart pair.

Regards

José Luis
Hi friends,

Me and some people have been problems with the MultiSpeedWay v1.

I have analyzed the code very carefully and corrected some bugs and here is version v2 that I trade live in the 5 minutes timeframe.

As ever I recommend you brokers with litle spreads.

Regards


José Luis
Author:  bazze [ Mon Oct 12, 2015 5:27 pm ]
Post subject:  José Luis Live Account Experiment
:good: :clap:
Author:  jlcgarcia [ Mon Oct 12, 2015 6:07 pm ]
Post subject:  José Luis Live Account Experiment
Hi,

Perhaps it is convenient to say how I trade the MultiSpeedWay live. I use 0.01 lots for every 200 euros for each pair traded. In my case I only trade the EURUSD and the USDJPY because their spread is under 1. Take the case of a capital of 1,200 euros. This capital implies a lot of 0.03 for both pairs.
(I recommend to demo for some time because every broker is different and every new version of Empty4 is a headache).

Regards


José Luis
Author:  acostafulano [ Fri Oct 16, 2015 5:22 am ]
Post subject:  José Luis Live Account Experiment
Hello Jose,

I'm trying out some of your EA's, this are the demos I'm running right now:

https://www.myfxbook.com/members/acosta ... v3/1392473
https://www.myfxbook.com/members/acosta ... m5/1396000
https://www.myfxbook.com/members/acosta ... h4/1396001
(Multispeedway running on 16 pairs)


First of all, I want to thank you for sharing this. You really are selfless and generous into sharing your hard work with us mortals who can't code for shit.

Now, getting to my point... I see potential in these EA's, and I want to install additional demos to try out different things, but in order to make the best out of these new demos, I have a few questions first that I would greatly appreciate if you could clarify =)

Forex Duck:
- First, would you kindly elaborate on how the parameters are working for this EA? What I'm mostly concerned is being sure that once a set of trades for a certain pair has stalled for some time (or reached a certain SL), just take the hit (loss), close the trades, and move on with the new set of trades (as of now I'm not sure what's the closing criteria or profit taking conditions for this). Ideally, I'd feel comfortable in taking a hit once a certain pair has reached around US$100 loss approximately (under 0.01 lot size trades). Could be more, could be less, but having a clear picture of what to expect would be nice to know!
- Second: Does it make any difference wether I run the EA in M5, M15,H1, etc? the demo I'm running now (te one from the link) is currently running in M5, but I'd like to know if there'll be a difference if a try a different TF.
- Last: I read somewhere you already have a v4 in the works? :D? What'll be new with this? :O


MultiSpeedWay v2:
- As you can see I'm running two demos... one in H4 and one in M5, but as you can see by the demos the results are remarkable similar... So I wanted to ask you. Is the TF the EA is attached to relevant to the trading? Or am I wasting resources, and could achieve exactly the same by running only one instance of this EA?
- I can also start to see some DD starting to build up on some of the pairs I'm running this in. My question is the same as ForexDuck... how is closure done? Is there a losing closing criteria in the EA or will it only close once it is in profit? It'd be nice to know how to handle DD (Maybe manually? or will the EA close the losing trades at some point?)

Thanks beforehand for taking the time to read my post. It's all in the good spirit of achieving success with your EA's, which when/if I do, I'll gladly share my experience with your forum readers


Diego Acosta
Author:  jlcgarcia [ Fri Oct 16, 2015 8:46 am ]
Post subject:  José Luis Live Account Experiment
acostafulano » Fri Oct 16, 2015 7:22 am wrote:Hello Jose,

I'm trying out some of your EA's, this are the demos I'm running right now:

https://www.myfxbook.com/members/acosta ... v3/1392473
https://www.myfxbook.com/members/acosta ... m5/1396000
https://www.myfxbook.com/members/acosta ... h4/1396001
(Multispeedway running on 16 pairs)


First of all, I want to thank you for sharing this. You really are selfless and generous into sharing your hard work with us mortals who can't code for shit.

Now, getting to my point... I see potential in these EA's, and I want to install additional demos to try out different things, but in order to make the best out of these new demos, I have a few questions first that I would greatly appreciate if you could clarify =)

Forex Duck:
- First, would you kindly elaborate on how the parameters are working for this EA? What I'm mostly concerned is being sure that once a set of trades for a certain pair has stalled for some time (or reached a certain SL), just take the hit (loss), close the trades, and move on with the new set of trades (as of now I'm not sure what's the closing criteria or profit taking conditions for this). Ideally, I'd feel comfortable in taking a hit once a certain pair has reached around US$100 loss approximately (under 0.01 lot size trades). Could be more, could be less, but having a clear picture of what to expect would be nice to know!
- Second: Does it make any difference wether I run the EA in M5, M15,H1, etc? the demo I'm running now (te one from the link) is currently running in M5, but I'd like to know if there'll be a difference if a try a different TF.
- Last: I read somewhere you already have a v4 in the works? :D? What'll be new with this? :O


MultiSpeedWay v2:
- As you can see I'm running two demos... one in H4 and one in M5, but as you can see by the demos the results are remarkable similar... So I wanted to ask you. Is the TF the EA is attached to relevant to the trading? Or am I wasting resources, and could achieve exactly the same by running only one instance of this EA?
- I can also start to see some DD starting to build up on some of the pairs I'm running this in. My question is the same as ForexDuck... how is closure done? Is there a losing closing criteria in the EA or will it only close once it is in profit? It'd be nice to know how to handle DD (Maybe manually? or will the EA close the losing trades at some point?)

Thanks beforehand for taking the time to read my post. It's all in the good spirit of achieving success with your EA's, which when/if I do, I'll gladly share my experience with your forum readers


Diego Acosta

Hi Diego,

I will try to answer your questions the best that I can:

Forex Duck

First, when opening a trade the EA uses a hard stop loss of 500 points. If the trade turns in profit, the EA trailes this stop. If not, the trade will loss this amount. For the take profit, the minimum profit is 50 points. Previously to trade live you must demo this EA extensively.

Second, the EA is coded to work in the 1H timeframe, and apart from the failures of Empty4, the timeframe is irrelevant.

Third, I am still perfectioning this EA and I am now trading live the v10. Meanwhile it does not trade better than v3 I will not post an update.

MultiSpeedWay

-It is irrelevant the timeframe.

-The EA tries to compensate tne bad trades with the good ones. This aspect is the important thing about the grid EAs.

-Replace the MultiSpeedWay v2 with TheTrickster EA I am attaching here (timeframe 1H, althoug this is not important). I am testing this EA live with only the GBPUSD pair, but I think it is better than v2 in the management of trades.

Regards


José Luis
Author:  acostafulano [ Fri Oct 16, 2015 4:36 pm ]
Post subject:  José Luis Live Account Experiment
Thanks José luis! Will try this out

Saludos desde Lima Peru ;)!
Author:  laharjaya [ Sat Oct 17, 2015 3:26 am ]
Post subject:  José Luis Live Account Experiment
for TheTrickster,still using MM as 200 for 0.01 ?
Author:  jlcgarcia [ Fri Oct 30, 2015 7:55 am ]
Post subject:  José Luis Live Account Experiment
Hi,

here there is an update of the situation of some EAs, with the demos elaborated by a serious tester.

Seeing his results, I am going to take a closer look at the CF-TOR, analyzing the DD carefully. In the test, he uses 5 pairs, 0.01 lots for every 1.000 euros.

Regards

José Luis
Author:  luke1711 [ Fri Oct 30, 2015 10:50 am ]
Post subject:  José Luis Live Account Experiment
jlcgarcia » Fri Oct 30, 2015 7:55 am wrote:Hi,

here there is an update of the situation of some EAs, with the demos elaborated by a serious tester.

Seeing his results, I am going to take a closer look at the CF-TOR, analyzing the DD carefully. In the test, he uses 5 pairs, 0.01 lots for every 1.000 euros.

Regards

José Luis
https://www.myfxbook.com/members/luke17 ... v5/1351761
Author:  jlcgarcia [ Sun Nov 01, 2015 10:12 am ]
Post subject:  José Luis Live Account Experiment
Hi,


I have received an email that says:
Thank youyou for your selfless sharing of your EAs. I've been noticing that you are capable of dishing out code very quickly and effectively too. Hats off. I am a coder myself from other non trading background, and ventured into EA coding a year ago. Lots to learn still. I've been picking up from all the generous code base sharing from this forum. Very valuable stuff indeed. From your posting, it seems that you only posted compiled binaries. Your concern is on plagiarism?

Side note, do you rely on your EA to trade for living?
And another one:
HI Jose Luis, I trade since 3 years I try different EA from this forum and others. I lost around 40 000$ since I trade. I have only one question have you ever make money with trading forex.

I will be honest I'am very discouraged about Forex trading.

Best regard !

My answer to them is as follows:


Dear ...,

after some years trading options and futures, I decided to try the forex market, and I make money following some principles:

1. Only trade pairs with positive swaps. Why ? If there is turbulence, the money goes to this pairs.

2. I use a maximum of 0.01 lots for every 200 euros per pair. Only in the case of the Forex Duck I have breaken this rule and I am using 0.01 lots for every 2.000 euros all pairs, because I am trading only positive swaps and filtering the correlation.

3. Only trade my own EAs. Do not trade discretionaly.

4. Use a NDD broker. I prefer to pay commissions to pay high spreads.

5. I have faith in my EAs (remember only positive swaps, correlation on), but I have in reserve an amount of money equivalent to the sum invested in case I have to rescue the account. I do not close the positions in losses, I prefer to follow the EA.

6. Respecting the compiled code, there are several reasons: first, my EAs have been decompiled, reselled in another forums, ebay, etc. Second, in my EAs I only use two programming shells (one for single pairs and another one for multipairs, there is not anything to change in them). Three, the strategies that conform my EAs derive many times from my intuition that the markets follow a certain model (if any). Have you tried to discuss your intuitions with someone? Finally, I am not posting here any more EAs with expiration, although the intention here was not to avoid them been copied, but forcing that if someone was using one of them successfully, that he/she explains his/her parameters and results prior to obtaining a longer expiration.

Regards

José Luis
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