New EA Myfkbook Forex Sentiment indicator & EA

Why this myfxbook not showing drawdown?

 

Previously it had more DE but in this last test with these pairs it is having very little (for now).
We will have to continue testing with different pairs and percentages...

 

What is 'DE'? If you think about DD , your statement is faulty as it shows max DD 4.3$ , but current floating -23.49$..It's MetaTrader error which noone trying to fix!

 

I like Sentiment Trader's concept and wanted to validate its potential. I used the default settings with all 28 currency pairs and let it run for 10 days. My results have not been in line with my expectations of the EA. I am currently testing it with EA v 1.24 (free version). If the developer has any suggestions, please provide your valuable feedback. I want to invest in the Pro version but must assess its capability.

 

share the setting (screenshot) as we can compare it..thanks

 

Hi! Yes, I meant DD but when I saw the error I no longer had the option to modify the post. Correct, in open operations there is -23.49$ but the operations have not been closed yet, it floating

 

Here are the settings defined in the EA. There aren't many parameters in the free version. Perhaps the entry and exit percentages can be evaluated to assess better performance.

 

can you please upload this info indicator is very good, what is it called?

 

https://www.mql5.com/es/market/prod...rket+MT4+Indicator+Search+Rating006:fck+trade

 

I'm starting to test the Pro version in parallel with different configurations, in this example I use Trail SL and Spread Limit at 3 pips. I'll upload screenshots from time to time in case anyone might be interested.

 

Hi, any fix SL value to input because without SL is dangerous if trade turn against us? Thanks.

 

You can select 70% for exits for example

 

anyone know which bot it is? its name was changed and developed by soehoe.id mentioned in comment and screen

 

70% of total balance as SL?

 

I bought Forex Sentiment Trader Pro on mql5.

 

Hi, thanks!
In a little while I will tell you a little about how it works and the options it has, as well as the future updates that are coming soon.

 

In this case, if you asked about the SL in the Free version, it does not have a fixed SL. What I meant was the following:
This buy trade was opened because the EA is in Follow sentiment, and the Buy sentiment exceeded 85%. In this case, if the Buy sentiment drops to 60%, the trade would be closed (whether it is in profit or loss). What I meant was that you could put 70% instead of 60%, then if the bullish sentiment drops to 70%, the trade is closed.

 

As for the Pro version, yes you can place fixed SL and TP if you wish (By default the values are 0 and they would be disabled) If you want to activate a fixed SL at 100 pips for example, you must write 100 in SL

For example, I am not using SL or TP, but I am using Trail SL (In this case it is activated if it reaches 10 pips in profit and after that the SL follows the price every 5 pips).
If the SL is not activated, the operation would be closed if the Market sentiment reaches 60%. But if you want you can set a fixed SL as well.

All the options can be activated (by selecting true)
or deactivated (by selecting false).

For example, if you activate the Daily Target Profit % and Target profit 1%:
So if that day you get a 1% profit on the account, all the operations would be closed that day and you would not operate until the next day.

The Daily Drawdown Limit works the same, if you get a 4.5% loss on the account that day all the operations would be closed and you would wait until the next day to operate (Useful for FTMO type challenges).

 

This is an example of how the Trail SL works

 

Hi, I am using pro version and set trail SL as 10 pips but I didnt see it working when some pairs win more than 10 pips. Is there any bugs?