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| Trend Trading EA with Automated Loss Recovery https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3719 |
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| Author: | SpiderX [ Mon Aug 25, 2014 1:13 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
Ok...figured out a possible way to deal with GAP ...will work on it through the week...stay tuned. Cheers |
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| Author: | moncsicsi78 [ Mon Aug 25, 2014 6:37 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
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| Author: | Fibotrend [ Mon Aug 25, 2014 8:56 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
Just missed this on EU earlier today  I'm testing ALR2, all good so far. I'll post the result later. Cheers |
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| Author: | savasava [ Thu Oct 09, 2014 12:22 pm ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
Is it possible to add the code for a hidden TP and SL? Cheers |
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| Author: | moncsicsi78 [ Sat Oct 11, 2014 8:37 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
I think I managed to realize the porblem mentioned above (earlier). The EA opens just 9 ALR trade -in spite of I set the number Max ALR positions is a big number (200). See the picture attached below! However, it can open more than 9 positions... I checked it out. |
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| Author: | kvhutch [ Sat Oct 18, 2014 10:09 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery - A REVIEW |
Been a little while since we had an update on usage of ALR II. Most of us have been testing it for at least a couple of months or more now - would be good to hear your stories. For myself, been testing in demo since August: 1. No issues at all in running the EA - has worked exactly as expected with lots corresponding correctly to ALR II spreadsheet. 2. On average a max of 4 - 5 turns when trade goes against initial position though 2-3 turns is usual 3. Have thus far been able to run as a set-and-forget method with good success using hourly chart 4. Works extremely well when SL/TP is combined with key zones of support and resistance 5. For best usage combine with most volatile pairs - I usually check these off the Oanda site on Sunday evening to determine my pairs of choice for the coming week. 6. Because of my trading methodology and using TP/SL of 100/50 respectively, I'm averaging 2 - 3 successful trades per week using the hourly chart with recovery trades netting 10-15 pips. I haven't transitioned to Live yet but will be looking to do so very soon. Naturally part of the success depends on trades being closed and triggered correctly - even with slippage being taken into count I'm curious to know the effect in Live. If I were to suggest a couple of enhancements (and these have already been noted): 1. The possibility of the EA hiding TP / SL 2. Functionality for handling Gaps. Sorry I don't have an equity curve or testing record - it has been a little sporadic Huge shout out to SpiderX, Dewey, Madpipa, WealthMaster et al on a truly groundbreaking bit of work So, would be great to hear your experiences ... |
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| Author: | SpiderX [ Sat Oct 18, 2014 11:43 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery - A REVIEW |
Hi Thanks for the post. Sorry..have been caught up with some personal stuff lately, will try to look into this. Cheers |
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| Author: | Fibotrend [ Mon Oct 20, 2014 8:40 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery - A REVIEW |
I am actually working on a Trailing ALR spreadsheet and in the process I've realized that the spreadsheets posted on the ALR threads are flawed. They only work when TP and TP Opposite are equal. For TP > (TPO+ALR) results are completely out of wack. On the contrary the EA works correctly, so I was wondering if the EA formula is based on the original ALR. Cheers |
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| Author: | sharjeel89 [ Tue Feb 24, 2015 8:56 am ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
Hi All, Firstly I have to say this is an awesome thread, and on top of that this EA is just amazing. So far I have played about with it and done some back testing and demo testing with good results, but I have a question that how can I possibly change Open Buy - Open Sell rule i.e add below rules or only have one of below: If I want to Open Trade at 07:00am every day only? Or I want to Open a Trade only when Moving Average Crossover occurs? Or I want to Open First Trade at 07:00am and then as soon as I have hit my target a New Trade Opens straight away i.e the cycle never ends? Thank You |
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| Author: | deelondon [ Tue Feb 24, 2015 12:28 pm ] |
| Post subject: | Trend Trading EA with Automated Loss Recovery |
First of all, I would like to thank Spider for his hard work you have put into programming the EA and share it with everybody for free! If I understood well, I can add to your shell other automated strategies, right? Another question, could I have the MQ4 file for the latest update of the version v1.03b (not the version II)? I do understand that version II has its advantages. Thank you very much. Dee |
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