[Ossaio]

@ Roman, Some indicators have a parameter called “Signal Repeat”. This will force FSB to repeat the signal by the specified number of times after the first signal is received. I always try to keep it between 0 and 10. These are “forced signals” but they could come in handy when you have 2 indicators in  a strategy which might not line up at the same time, especially the “crosses upwards or downwards” indicators. It is a double edged sword. It could be good and bad at the same time. If “Signal Repeat” is used in a strategy, then it is advisable to confirm that it is still working properly rechecked during every future strategy optimization, since it might become invalid with changing market conditions.

 

@ Andi, I adopt different approaches. I create different strategy for different pairs. However, I stumbled upon a strategy that works for all pairs and in multiple time frames. It uses a smaller take profit and large stop loss but the equity line is incredible. I’m cautiously testing it now and will report back later. The success of the strategy will depend on finding an honest broker with low spreads. After the issues with my current broker, I plan to find 4 other brokers next month and test the strategy on all 4 brokers at the same time for comparison.

Although, my computer is relatively good, I opted to use VPS to test this strategy, as a precaution, since it is high frequency EA which will be running on 15 pairs and on M30, H1 and H4 timeframes. Lot size is between 0.01 and 0.05.

 

 

[Ossaio]

Also I started playing with signal repeat and sometimes it is a beauty. It definitely improves the statistics for most strategies. Care is needed though, else it will do more damage than good. It often works well for backtest but you may not guarantee it’s behaviour realtime with changing market conditions. I have a good understanding of what I want the signal repeat to achieve whenever I use it, in that case I avoid randomly plugging in some numbers.

[Ossaio]

@ Andi, interesting to see that you are doing the same too. I’m using several logical groups both in the opening and closing conditions for some strategies. The only thing to note is that the EAs become too large and if you place them (like I usually do) on several currency pairs and multi timeframes then you will require a premium VPS to handle the load on MT4.

Simple EAs often work, I only use the complex ones to achieve specific objectives.

[Ossaio]

Good point Andi, I observed that my win/loss ratio is only high (>0.75) when SL is very close to or bigger than TP. Sometimes, those strategies with SL 2 times bigger than TP can give very nice equity line but it will require a lot of wins to recover one negative trade.

[Ossaio]

Hi Andi,

By major pairs, are you referring to EURUSD, USDJPY, GBPUSD and USDCHF? Are you trading only these 4 pairs?

I’m still on demo account and I started with minor/cross pairs like EURJPY, EURGBP, GBPCHF and EURAUD. I plan to start looking at few major pairs soon. It will be nice to know which currency pairs have delivered most profit to experienced members of the forum. Thanks.

[Ossaio]

Thanks Andi. That’s a serious limitation. So, I need to use EA Studio for hedging accounts only. The problem is that EA Studio doesn’t have custom indicators, so I can’t migrate my strategies from FSB Pro. Anyway, I now I understand what is going on. I thought I was doing something wrong.

[Ossaio]

I finally exported some EAs to both MT4 and MT5 demo accounts on 21/03/2019! Some of the EAs have opened and closed trades already. I’m excited and hopeful. It has taken me 4 long months to get to this stage.

I observed that all the MT4 EAs have magic numbers in the Expert Settings which I can modify. However, none of the MT5 EAs have magic numbers. Is this how FSB Pro exports EAs to MT5? It is really difficult to associate the MT5 trades to the specific EA when the magic number option is missing.

Has anyone experienced this or know how I can resolve this? I’ll appreciate if anyone who has FSB Pro can export any random EA to MT5 and check if they have magic number in the Expert Setting. Thanks.

ps: my broker states on their website that they allow hedging.

[Ossaio]

Thanks guys. The issue is now resolved.

Petko, yes it is related to some custom indicators which do not have .mqh files. It started working after I made a fresh installation.

[Ossaio]

Hi,

I get errors and warnings when I try to compile EAs I exported from FSB to MT4. Has anyone had similar problem and how to resolve it? Attached is screen shot of the errors I received.

 

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Thank you very much Petko. It was indeed helpful!

[Ossaio]

Hi,

I’ve been generated strategies using FSB Pro but decided to check out EA Studio for the first time today. However, I’m encountering some issues and feel that I may have missed something very obvious.

Under Acceptance Criteria, I discovered that “Maximum Ambiguous Bars” is not available in the options. Was this removed?

Thanks.

 

[Ossaio]

Thanks Sharapova, yes that will work when limiting the number of bars in FSB PRO. My question is regarding historical data export from Metatrader platform. The CSV export script works by defining the number of bars you wish to export. So, the script needs to be adjusted for each time frame, assuming I want to export 5 year historical data for all time frames.

However, if I can define a starting date in the script instead of maximum bars then I’ll be able to modify the script once for all time frames.

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Andi, yes 5 years on all time frames. I wish there was a script to export the CSV data based on starting dates. I have to manually modify the script for each time frame.

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Sure I’ll share my experience when I get there. It’s still a long way from here since I’m only concentrating my efforts on the 5 year dataset.

[Ossaio]

@Andi, Thanks for the insight. Using consecutive losses to determine when to take an EA off seems a great idea. I have large historical bars, more than twice your numbers. So, generating strategies sometimes can be challenging. I often inspect the data to make sure it contains all market conditions. My plan is to generate strategies with 5 years of data and another set of strategies using 2 years of data and then compare them in demo account to see how long they can remain profitable.

@Jie, When a slot is locked, the whole indicator is locked including the initial settings or parameters. However, linking an indicator slot allows the generator to change the parameters but will not remove the indicator.

[Author]

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