Suggestion Open Source EA & Optimizing Contribution

Hello - What I have is an EA working from 2000 but maybe needing some work.

The EA works by Moving Average trend and RSI signals at overbought & oversold areas.
It doesn't have targets but instead closes with soonest profits, so it's purpose is to always win.

Please if you can code maybe add martingale, trail, or some other code to make it better!

Tested and working on the following pairs & timeframes
From 2000.01.01 - 2018.06.30
With tick data suite and 500.00

• EURUSD: D1 - H4 - H1 - M30 - M5 (spread of 4)
• GBPUSD: H1 - M30 - M5 (spread of 6)
• USDCHF: D1 - H1 (spread of 6)
• USDJPY: H4 - M30 - M15 (spread of 6)
• AUDUSD: H4 - M30 (spread of 5)
• USDCAD: D1, H4 - H1 - M30 (spread of 5)
• NZDUSD: D1 - H4 - M30 - M15 - M5 (spread of 6)
• GBPJPY: D1 - H4 - H1 - M30 - M15 - M5 - M1 (spread of 8)
• USDSGD: D1 - H4 - M15 (spread of 8)
• AUDCAD: D1 - H1 - M30 - M15 (spread of 8)

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v2 -- a buy sell manager that obviously makes more money but also works well with larger spreads
I am testing a max spread in tester of 15 and testing on timeframes higher than m15.

 

V2 too much posisition ,
better file first v1, and for v1 rsi can you input filter price "Previous Indicators Data" & "First Indicators Data"

 

V2 was made because V1 tended to have trades open for extended periods of time so V2 manages the volume in position of profit to exit all positions soonest possible.

No enumeration doesn't allow such selections

 

i see , maybe you can fix it with filter envelope indi & filter time GMT, sorry i am dont understand coder,, because when bt in file first
MA-RSI-EA.mq4 still better but when high trend too much Op and file V2
MA-RSI-EAv2.mq4
high risk because too much DD when find trend high

 

When you say drawdown is an issue, it just means your balance is not enough or you just need to lower your risk.
V2 is a volume manager and uses lots of margin so it means you need a high leverage also to minimize drawdown. It would be a better idea to have smaller lots and trade on various symbols and timeframes to collectively gain profits than to establish one chart on consistency for volume management. It's always possible your data was wrong or that future news events will affect the strategy so it's always better to compensate with either code or by expanding your portfolio to other assets to build the strategy presence as well as for durability of market events.

What I don't like about envelope is that it is not consistent with all the timeframes. When you change charts on envelope you see it looks different and needs different settings to work. I have another strategy I am considering building with envelope & M1 chart.

 

nice information ,,
btw, like whats your building enveloe m1 chart, ? maybe you can PM me better another , lets this thread talk about rsi ma

 

Have no where near any idea about m1 trading on EA actually but having more liquidity and trading by such a way with envelope is what makes us think can be millionaire though really impossible to predict and forecast the nature of the market without news events supposedly if the broker has not set out to trade against you.

This strategy will need optimizing and then maybe the drawdown is okay though really to be safe it can require stops though news events will make it take profit and exit the market quickly.

 

note, informative,,
soo when EA Spirit can share

 

Many things were fixed and there is yet to be resolved and only a workaround developed.
It's having to go through many sources to be optimized with the server for EA performance.
I don't want to have to do updates just to fix problems occurring in it's performance.
What I thought would take only a week is taking around a month.

 

I've been running this EA in a demo account since your post date, and I'm up about $7 on a $10k account

Do you have any news on $pirit-EA? Thanks.

 

I'll be checking things over within the week and hope to have a prototype this month

I am currently working on a new EA I call $oul which makes longer and more profitable trades and have less trades out at times. Completely non-repaint while the tma c macd backpaints and I have rarely seen it cause a problem. My new EA will have less to deal with just straight entries and exits again alot longer on average than $pirit EA -- and it too will be for real account!

 

sha

waiting to share

 

Good trading result I think although only in demo account
maybe can try out also with account micro firewoodfx, maybe will know how then the result with micro account

 

If there is any imprement please share

 

Do you have any news on $pirit-EA? Checking in again Thanks