The gold EA does seem to work at this current market supply and demand, however it does seems profitable at back testing. I think it is important to go to forward testing for at least a month. December to January.
Ouch! After a good week last week, the EA opened new trades last night and the account took a -34% hit today… This was my concern regarding the lot sizing, which I think is too large relative to the account size. It took -192.7 pip loss before bailing.
Xperya, there seems to be no SL or TP sent with the pending orders, or is this because they are hidden? is -200 the hard stop loss? If so, how many times do you expect this to be hit?
You can turn of the auto lot in the setting. Auto Lot: false
The EA has a stop loss option and is not hidden.
If you wish you can set your stop loss.
I only tested on 1:300 broker so on different broker may need different setting.
yes, the lot sizes need serious taming. Is a -200 stop loss normal then? A couple of those in a row at the default lot size will blow the account!
You can set the lot for any size you want.
By the way now we made an update to work on EUR/USD and AUD/JPY.
The new version have new name (Super Turbo EA)
Now works with EUR/USD, AUD/JPY, and more…
EUR/USD - 25000% profit 2013/11/01 - 2013/11/20
AUD/JPY - 25000% profit 2013/11/01 - 2013/11/20
I started a new tread about this new version: 301 Moved Permanently
Its good that the lot size can be altered, but without having run different scenarios it would be a wild guess as to what the optimal setting would be.
Can I suggest you run alternative backtests to see how different lot sizes affect profit?
Can you code a parameter into the EA to set % risk per trade? Personally I feel comfortable risking only 1% to 2% per trade and would like to see this functionality in the EA settings.
Another thing I have noticed (early days of course) is that the EA is currently having a 50/50 win/lose ratio. The average losing pips are quite a lot larger than the average winning pips. The stop loss needs optimising so the winning ratio isn’t affected but each TP is not wiped out by SL’s.
Hi,
how can i contact you?
I can use EA on Gold in real account?
Thank you
great performanc i will try it as soon as possible
hi there…im using mac book and hv mt4 trading platform on my mac…however u find it difficult to get the EA’s that works in mac…is it possible for you to provide me this EA tht may work on my macbook…
This is Great but Not Work for me .
i’m trying to backtest but , NO order opened for either REAL & DEMO .
What’s Wrong
Check these steps:
-Make Sure autotrader is ON
-Make sure EA DLL is allowed
-Make sure MT4 DLL is allowed
(I havent tried EA my self but these are common problem in EA’s)
I want to try it on real live account. could you give me detail .
Thank
thank how to get it for use in live account.
Thank
What parameter settings do I need to make when installing to MT4? Where else do I need to activate this EA?
How to set the parameters in MT4? How to activate this EA?