Suggestion Monkey Pips ( from the original author )

trevor what about ctrader fix api?

 

The problem I have with ctrader is I dont trust the data that the broker provides.. and therefore need to buy better quality data... i see somewhere is selling for not a bad price but I am just not ready to continue with ctrader version.

I have the same problem with mt5.... I mean really? Is there any EA that make profit on EVERY TICK BASED ON REAL DATA? I downloaded about 20 of the best mt5 eas and none them profit on that data.

any ctrader and mt5..... ye its good... I just dont have enough time to do everything at the moment. but what I did discover... the same problems from mt4... cost of trading eating profits ( spread, commission, slippage and whatever points you loose on executions ) ... and therefore the strategy needs to change... and this is why I am abandoning monkey.. I sure hope someone can find gain from it. i never seen profit in real with monkey in all my years or anyone that has tested it.. at least not consistent profit like the demo. the strategy is not profitable. trust me.. i have miles more hours of testing than anyone can tell you. it is not profitable. simple. so sorry.

 

no need to get disapointed... for me this is a good thing...


Albert Einstein: The definition of insanity is doing the same thing over and over and expecting different results.

 

I have so many brilliant ideas from all my experiments. I certainly feel a whole bunch more knowledgeable on markets and believe some of my ideas are a cut above the rest, I haven't seen them anywhere else. And technology is changing all the time. You can look forward to something new! Watch this space.

And stop this bullshit that forex is scam... man f*** sakes no one is out to get you

 

the trick is async execution... get that or find a dll or something that can do async execution and all your mt4 problems solved... look at zeroMQ and R-libraries there also some c# libraries available...

mt5 hav async execution but low cost brokers wont go there cause then everyone start making money

there jus a few little things you need to know so can make a profitable ea

 

Can anyone share a asynchronous execution library for mt4?????

If you can I will make monkey work in live trade

 

haha

 

Sorry for asking "stupid" questions, what is the "async execution" advantage ?

 

This ea work on mt4

 

Can you please send me the eas and set file thanks

 

no worries most people dont know these things and you are hanging with developers here.

mt4 being old tech can only process orders synchronously which means simply one at a time. for example ea get a signal, it decide to send buy, but also need to place a stoploss once the ea knows what price the position was opened etc... well... it can only do this after its received a response from the broker. most cases this is about 6-15 ticks.. for monkey... mmm ye? thats about ( 6 *~1.8*Point) thats 1.8points on average per tick when things are getting heated in the markets. thats game over for monkey! missed oportunities to place new trades because couldnt event calculate velocity, missed opportunities for placing stops... thats it man go home we are wasting time with monkey in live.... because in demo it just seems async cause broker not processing a real transaction


unless....
we can do this with mt4( but we cant) well at least not effectively. There are so many ideas for emulating it but none are worthy ... yet..
https://www.mql5.com/en/docs/trading/ordersendasync

the most simplist way for the typical user is my idea of setting the ea on multiple terminals and set each terminal individually to only do one of the 3 actions. Send, Modify or Delete. This is a very cool way of doing it because dont need software. just need to set it up correctly and its a real damn mission. if i were trading monkey live i would set 12 terminals on my vps, and have a super kickass provider where i can choose like a fussyf***. only have 1 chart open on each terminal. and set gbpusd,usdjpy,eurusd. 2 terminal for each to send only( one with slightly different velocity). one for modify, and one for delete making total of 12. ofcourse you can go mad with your own combination and its all there in version 701.

anyway thats not effective. practical, economical or any other word that suits but you can do it. you can even do it with multiple vps.

so many questions start coming up when you begin to realise these things. forget about mt4 now. what about mt5? because it has async?

I dont know how else to explain it. Its a work in progress... the data i have is terrible

 

yes sir!
would you like a credit card to make your deposit aswell?

 

Hahaha this is free ea???

 

This is awesome can you please share us

 

on page 7, comment 137, v701, default set

 

you already have the wrong question.

 

However forex is remain risky, but indeed for trader if already having good skill
hence will able to make double money through forex trading

 

Apologize for that

 

Thanks for your valuable time
And can you please suggest me the pair and tf bro

 

the myfxbook is running gbpusd, eurusd, usdjpy, usdcad,audusd,eurjpy just set and forget with default settings unless you optimize your own
it is spread-adaptive... this means you will get the same kind of trading on any pair with various spreads except different frequency of trading.
the lower the spread the more trades.
the lower the commission the more trades.
the higher the spread the higher the profit factor...
in theory if you are patient enough you have profit in live... but must use multiple terminals