New EA TRIANGULAR PRICE CORRECTION

I forward test it, on a small demo account of 300$ with this set file.

 

This EA opens one trade at the opening of *every* candle. So if you use M1 there will be opened a trade every minute. If the pair is trendy they all remain opened and a MC occurs very likely. It seems H1 is recommended. Then every hour a trade is opened.

 

Good point, this is why I would also suggest opening trades only in the direction of the main trend, below and above daily open for example.
I saw the message suggesting it trading on 1H time frame, but since the market is fractal, it might also mean that MC would occur as well on 1H chart...only a bit later.
But, I did not test it yet on 1H.

 

Hi Leppozdrav,

I was testing EA on M15 which withstood the trend the most and two M5-s one with low spread and commissions and one with no comm. and larger spread. The last one without commission did earn more than 100 % in 48 hours. all tree were tested on pepperstone demo. One can say for sure that accounts with commissions are not good for this EA because later when I will attach statement you'll see that half of gain was eaten by commissions. As for M15 at first it was standing strong and gained more than 10% of initial deposit every day during one week but fridays trend was very strong.

Despite I don't have programming skills and knowledge I have some ideas that you may use or like.

1. I noticed that before EA will take profit, probably every time it sinks in loss and then recovers itself by price retesting. So if we could invert principle of EA and and instead of buying in some cases make it SELL and vice versa. Could we see the proffit that way ?

2. As I know, besides EUR USD which is main trading tool there are involved AUD USD and EUR AUD. This shows that main orientation is defined by movement of AUD against EUR and USD.... So, can we use NZD or JPY or CAD or any other index which is less or more volatility so we would be insured from strong rush (As much as it is possible on Forex market..).



All that from 2018.. And now happy new year guys.


Hope your work will be paid with green pips one day

 

Hi Nesta,

As i mentioned in case of commissions it will eat half of your profit. Try with no commission, even with larger spread.
Believe me i tried both and without comm account gains profit even faster.

 

I am now testing with the latest version with trailing stop using default set, 1M TF. Let's see if it hit MC or not.
I run it on Pepperstone Demo, standard acc.

 

I have tested this version ea. It seems that the movement is still the same as the old version. very high DD.

 

How long time you already tested this ea ?
what type account used to tested?
maybe suitable for micro account at firewoodfx ?

 

have been testing this new update so far no new orders
will try to close metatrader and reattaching this ea

 

tonight the ea opened orders

 

I am already working on a new version, that will open trades only in a direction of mtf trend. Only buy trades in uptrends and vice versa for sell. Confirmed by at least 2 higher time frames...

 

If there is no new orders, ea has reached your gain or loss percent and you have to manualy restart it.

 

the ea had not started properly restarting the computer started the ea properly and opened quite some orders
so far it seems to be working properly
unfortunately it is making a loss but it makes a profit eventually so am waiting with the open orders in a demo account

 

cant wait to test it out in a demo account

 

Hey Guys,

Hope you had good new year holidays.
Now I am starting to test Leppozdrav's latest version of EA on multi time frames (M1. M5. M15 and H1) would like to leave them alone till next friday (12.01.2017) and see how they will survive news, nightovers and weekends.

Regards,

25

 

started a new test on eur usd m1 time frame with this set file

 

CAN you please attached source code file of this version

 

no let him make the new version the lets test it out in the demo account first

 

Can anyone post the result of this ea?

 

Hey traders,

I am still tweaking latest version. the EA now follows MTF trend direction. It was in profit and stable during it's first test day today. I want to test it for at least a week, before I decide for new corrections and exit filters. It is running on VPS, so overall results should be clear, quite soon. But so far I am satisfied. Although EA now follows major trend of at least 3 higher time frames, it can still happen, that trades can be executed, just at time, when market decides to reverse. I am trying to avoid those scenarios, so I can smooth equity curve even more. Any interesting ideas on this topic, are more then welcome.