Suggestion My SK-DOUBLE-AVERAGE EA. Free

Hello, I would like to present my "SK-Double-Average" EA. I'm working on this project for some time and tested on demo accounts for a while. At this moment I'm using this EA on the few real accounts too.

It's based on the Averaging strategy. EA opens two orders - buy and sell. Profit order closes by TP, for loss order grid of averaging orders will be started.

Of course, there are few ways how to use EA.
I'm looking for the continuous trading without long hours facing monitor. With persistent profit...
With default settings I'm getting 5-8 % profit per pair, max DD ~ 10 % (acc 10k)

Pairs: EURJPY, USDCHF, USDJPY, AUDCAD....
Excluded (big trends without reversing, maybe didn't find good settings yet ...): EURUSD, GBPxxx

Feel free to test it, ask and share your experience.
P.s. It's free. I hope to find better settings and new ideas with your help. Good luck!

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Most important settings:

Trading mode:
- Virtual TP. All trades will be closed by EA after calculated profit
- Real TP. TP will be set according Grid TP setting

Step to next order:
- Dynamic = true. Step to nex order * Order No. So will be: 7-14-21-28-..... (in 4 digits)
- Dynamic = false. All steps will be equal.

TP for the 1st Order:
- Must be set in Real TP mode, in the Virtual not necessary. If spread will be more than setting, EA will multiply it by 1.2

Profit for the Grid:
- my tested setting: 20 for the 0.01-0.02 starting lot, 100 - for the 0.05 lot, 200 - for the 0.1 lot.
- if you set profit too small, you get small profit. If you set profit too big, grid won't be closed and you will catch the trend....
- if there are < 4 opened orders at the moment, this setting will be divided by 4. To close orders faster....

Max orders:
- I'm trying not to open too much orders..... 1 or 1.5 lot should not to burn account...

 

Well done & thanks for your offering...
"I'm looking for the continuous trading without long hours facing monitor. With persistent profit..." I am liking your aspiration...
However - TF, ECN or Standard, Virtual TP, any BT, and your Setfiles if any please - so we can discuss any ideas and settings ?

 

TF - I'm using H1. I didn't notice big difference, this is not scalper... EA works OnTimer, default setting - 3 sec.
ECN - TP setting by order modify. Whats more? Didn't test specially yet.
Backtest - good. Realy. 5%/per month with 0.01 starting lot and 100% - with 0.1 lot. But there are a lot of EA's with very good backtests....
There are no setfiles at this moment. For the pairs mentioned above I'm using default settings. But I'm looking for new ideas
For the GBPCHF changed Step to 10 pips or more, but there was some trends and stoped work with this pair.

By the way - all setting for the 4 digits. For the 5 digits will be recalculated automatically.

 

Great - Thanks for the info. Will give it a whirl on EURJPY, H1, ECN, 0.02 and get back to you soon.

 

There is test from Sep.2017 till today.
Default settings, timeframe H1. Max DD ~21%.

 

Here is my BT, DD 40% +

 

Settings, pair?
Here is screenshot of my results only from this morning.
Real acc, profit shown for this month...

 

it 's been running smoothly also with gu, h1, during past 24 hours with my demo. dd appears ideal so far. i'll come back next week.

 

we can use in real Account any Experied date

 

Yes, it's without any restriction. I don't have plans to sold it at this moment. I hope better to develop with your help some trading strategies, maybe using some indicators for trends etc.
If somebody would like to support my works, could open account with my partner link: https://www.instaforex.com/?x=CAUIX
You can open cent account for e.g. with 50$ + add 55% bonus and start trading from 7500 cents.
Or open standard account only with few hundreds, because 10 instalots equal to 1 normal lot.

 

Thanks. Will test it.

 

sharask have you any set files for the EA?

 

loverhh - see #3 above

 

At this moment I'm working with new version - trying to add TrailingStop. Made backtest with same settings, changing only trading mode. I have got interesting result:
- best profit with Virtual TP (about 10-20 percent more than others)
- medium result with TrailingStop
- 3rd place - Real TP.
I don't know about real account, but it looks best way to use VPS and Virtual TP mode. By the way, there is button "Recalculate TP" in the right uper corner - If you need to switch off terminal, you can press it and add TP for the all orders.

 

Weekend, Markets are closed but not for the programmers .
I noticed, that MarketClosed function doesn't works correctly. EA works OnTimer, so if you attach it to char during weekend, it will try to send new order. So I added some logic according server time. And small bug-fix, if set TP=0 for the first order.
Here is improved version.

 

Thanks - Will try the updated version

 

Good morning trader
how are you? hopefully will success and for trader that use this ea
hopefully also getting profit trading, then share trading result here

 

Thanks

 

is this single op sell only ?

 

Hi, did you try it?
It should trade both sides independently.