[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.

 

[Ossaio]

Thank you very much Petko. It was indeed helpful!

[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.

[Ossaio]

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.

[Ossaio]

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.

[Ossaio]

@Jie thanks for starting this discussion. I’m at that point too. I started with FSB Pro instead of EA Studio and have been using it now for over 4 weeks.

@Andi, from your experience, do you get better results when you allow FSB to generate strategies automatically or do you specify some starting opening logic conditions? It seems historical data size affects the strategies generated. How many historical bars do you use to generate strategies with stable results for a couple of months? Do you generate long only, short only strategies or both? In terms of acceptance criteria, what do you focus on? It seems it’s difficult to get strategies with win rate over 70%. Such strategies are often risky with no stop loss. However some strategies may have good net balance but with less than 45% win rate. These strategies win more when they win and lose less amount when they lose. With the above observation regarding win rate, when do you take an EA off, since a seeming good strategy may have 10 consecutive losses but will win big when the market condition becomes right.

[Ossaio]

@Jacpin, the EAs are working correctly. Day closing and Week Closing means close at the end of the day or week. This is normally after 23:59 at 00:00. It will work on every trading except Fridays. This is because 00:00 on a Friday market close is on Saturday and the market is no longer open.

So you need to find out when your brokers close on Fridays and adjust the hour and minute options of Day Closing 2 and Week Closing 2. Remember to leave enough time buffer for the trades to close. This does not only happen on Fridays but during holidays also when the markets close early.

[Ossaio]

There are Closing Point Positions called Day Closing 2 and Week Closing 2. They are found directly below Day Closing and Week Closing.

In the Strategy Editor mode, click on the Day Closing or Week Closing position slot. From the dropdown ‘closing point of the position’ box on the left, manually select Day Closing 2 or Week Closing 2.

The only downside is that Day Closing 2 and Week Closing 2 are not primary closing logic, so won’t allow you to add more closing logic if you intend to.

[Ossaio]

Hi Jacpin,

Are you using either “Day Closing” or “Week Closing” closing point for your positions? If yes, you can change them to “Day Closing 2” or “Week Closing 2”. This will allow you to specify the hour and minutes you want the trades to close. It seems Day Closing and Week Closing are predefined to close at 00:00. This won’t work on Fridays and some other shorter trading days like Christmas eve. You can specify the closing time to 21:30, 23:15 or whatever suits your broker closing times.

[Ossaio]

Hi Maria, the 1:1 leverage is only in the demo account.

Live trading accounts have a maximum 1:30 leverage due to limits placed on European brokers.

[Ossaio]

Okay, I see what the problem is. I was initially using 1:1 leverage like I have in my demo account. However, when I changed it to 1:30, the strategies became stable.

[Author]

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