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Hi Samual,
We set the trailing stop when generating the strategies, before we export them as EAs
Thanks,
Ilan
Hi Nish,
These EAs (100001, 100002, etc.) look like they’re part of a Portfolio EA. You’ll need to load the Portfolio EA into the Validator in EA Studio and use the Validator to remove any strategies you do not want, and keep those you do. Then, you could either download the EAs individually or create another Portfolio EA.
Have a look at this Forum post, where I explained it in more detail:
Thanks,
Ilan
Hi tremosor,
Yes, you are correct. A magic number gets generated when we export a strategy as an EA.
Your results in FX Blue will match your results in the Validator. What you can do, is instead of using FX Blue, simply use the Validator to check the performance by changing the dates in Data Horizon, and adding acceptance criteria and performance filters. You can then remove the EAs / Strategies not performing, and export those that are as new EAs with new magic numbers, either as individual EAs or as a portfolio EA, and attach it it / them to your chart/s.
Hope this helps,
Ilan
Hi Samuel,
Good to hear from you again.
Unless you’re trading within specific times – for example only in the New York session, you don’t need to worry about this.
In EA Studio setting, there is an option to select the trading sessions times. You compare this to the time of your broker (you can see it in Market Watch) and your own time zone or that of your PC, and can adjust as required. But as mentioned, if you’re trading in all the sessions, you don’t need to worry about it.
Thanks,
Ilan
Hi tremosor,
This is a difficult question t answer. If we look at the strategy below, you can see overall it was profitable, with a net profit of $284.84, however it did have a draw down of $147.91, and 3 consecutive losses. If we removed it after the losses, we would not have achieved the profit. These are stats for just one month. It’s tough to read current market conditions due to the amount of news being released, which affects the markets.
My advice is, is keep many EAs in your demo accounts, and keep an eye on them, as well as news events. Markets will always recover, but sometimes, it could take some time. Find a system you’re comfortable with, and stick to it strictly. If you find it’s not working, change it a bit. And most importantly, do this on a demo account until you’re comfortable enough to trade live. Don’t be in a hurry.
Ilan
Hi Samuel,
In our experience, smaller TP and bigger SL yield better results. But of course, this isn’t always the case, for example when there are big news events, and prices can move against you very quickly with big moves, triggering a large SL.
Thanks,
Ilan
Hi ladytrader,
My apologies – we had an upload issue yesterday, but the EAs have been uploaded this morning.
Ilan
Hi ladytrader,
Good to hear from you again.
- Yes, every EA will have a unique number, so you can start a collection, and add them to your demo accounts, without worrying that the number will be the same.
- Yes, you can use the strategy tester. You’ll see that all of the EAs that I upload, are profitable with a min. trade count of 3, and PF of 1.4 for the last week, and month. Don’t use Every Tick, use only Open Prices when backtesting in MT4, because the way the strategies get generated, is by opening trades at the start of a new candle / bar.
Thanks,
Ilan
Hi Samuel,
With a floating spread, it’s best to set the spread in EA Studio or the Data Script on the chart to the maximum in the floating range. Should a trade execute and be profitable when the spread is lower, the extra points will be extra profit. Simply right click on the asset in the Market Watch window, and select Spread, so you can see what the spread is.
Ilan
Hi Consuela,
Glad to hear you’ve joined our course.
To answer your questions:
- I usually provide the new EAs every Saturday, but sometimes on Sunday. It’ll always be before the start of the week’s market openings.
- As a student, you will always be notified when the new EAs are released, although we don’t send out individual emails.
- I go through the process every week, comparing the week’s and month’s EA performance.
- I label the Zip file as Platform+Week_number+Month+Year.zip, so it is easy to know exactly which set of EAs they are.
Thanks,
Ilan
Hey Simon,
There will, no doubt be big moves this week. I definitely recommend trading cautiously. What I have done is just decrease my lot sizes, and I’ll monitor the markets carefully, and turn off auto trading if necessary.
Ilan