Thread: Universal MA Cross EA by Firedave

Hi all...

After loading history data that I found from http://www.forextester.com/data/datasources.htmlinto M1,M5,M15,M30, H1 and H4. I did another test with same sets with this EA predicated on Every Bit...

As the nature of this test of every Thick interior MT4 (which some folks claims are the most accurate), it is going to create the Thick predicated on the very least timeframe data available. In this case is the M1.
Know that the EA reveal a deadly failure to perform well from the backtest procedure.

Surprisingly... I was also starting to forward evaluation on my demo account this morning (my time zone GMT 7 ) along with the EA perform seems doing pretty nicely....

For the mean time... I place this EA in M5 TF simply to assess whether it is going to open and shut deal as it supposed to. And it did. It earn me 10 pips in M5 Tf (TP:10/SL:30, same places ). This EA work just like the logic behind trading with MA Strategy.

Now I realize that this EA is not encouraged to work with M1 time period. As it suffers from too many false signal Considering that the trades which calculated with M1 as established TF in negative, will emerge in background data.
And after deleting the M1 and M5 history data and re-run the evaluation based on M15 and preceding data. As it supposed to the evaluation begin to emerge.

This simple fact leaves me to some forecast that M15 is the very least TF we must use with this EA in order to filter poor deals, while H1 and H4 is the TF in which this EA will perform well as in MA egy established trading concept.

Will perform additional forward evaluation with the same SETS with H1 timeframe. It is going to take a while. .
Will come back to you shortly...

The results look great. I will test it through this week and then place the results on 3 currency pairs, Sterling Yen, Cable and Phiber.

UniversalMACrossEA[5 Dig]-V4.mq4;110:35;'pointvalue' - variable not defined

need to uncomment line 103

Originally Posted by ;

The results appear great. I will foward examine it and post the results on 3 currency pairs, Sterling Yen, Cable and Phiber.

Please be aware that this can be Universal MA cross EA... it could be adjusted to your own trading style.

Yess... Please note your Setting and result...

Originally Posted by ;

universalMACrossEA[5 Dig]-V4.mq4;110:35;'pointvalue' - variable not defined

have to uncomment line 103

Please utilize the EA submitted by Sangmane above...

I have tried Firedaves Universal but never got it to exchange despite posting on the forum it came out, probably because of the fact that the thread had less or more died in the moment.

So that it is interesting to see renewed interest in it as I believe the egy can be profitable, at least , however I am trying it and having problems with it again, even Sangmanes version, I am only getting an alert and no transaction put. Any thoughts anybody?

Originally Posted by ;

I've attempted Firedaves Universal before but never got it to trade despite posting on the forum it came out, probably because of the fact that the thread had more or less died in the moment.

So it is intriguing to see renewed interest in it since I think the egy can be profitable, at least manually, however I'm trying it again and again having problems with it even Sangmanes version, I am just getting an alert and no commerce placed. Any ideas anybody?

Yes, I feel this system have a potential to withstand time since it was made dependent on MA Cross Strategy that time already proved it to be easy and profitable.

Currently I have running this EA on forward test on FXOpen MT4, it opened and shut down 5 deals today. Earn me about 75 demo pips ( Four winner 1 failure ). I have FXpro demo and also This EA suffer the exact same problem. Can Try it with Alpari UK and watch...

I'm no coder or programmer so I can not assist you further. I hope someone will come along in the future to assist us with this issue...

Originally Posted by ;

I have tried Firedaves Universal earlier but never made it to trade despite posting on the forum it came out, probably because of the fact that the thread had more or less died in the moment.

So that it's intriguing to see renewed interest in it as I believe that the egy could be profitable, at least manually, however I am trying it again and having problems with it even Sangmanes edition, I am just getting a alert and no trade put. Any ideas anyone?

If you're able to give me details about:
1. Your broker
2. See terminal expert tab, place the error message.
3. What about analyzing egy tester, does this work? See egy tester's journal tab. Post the error messages

Originally Posted by ;

If you can give me information about:
1. Your broker
2. See terminal expert tab, place the error message.
3. What about analyzing egy tester, does this function? See egy tester's journal tab. Place the error messages when any

Thanks for your reply.

Replies

1. Broker = Alpari
2. No error messages as such. What I get is an alert when the MA's cross. Expert tab says'Expert loaded successfully' -'Inputs:Professional title and settings ' - trade: Not one' -'Initialised' when the MA's crossed today I got an message pop up but no transaction.
3. As I've just loaded up it to see whether it'd work before tweaking the settings too 27, I have not tried egy tester now.

Any help would be much appreciated.

Okay.. .Sharing Time.

I have tried to Think of the most profitable setting for GBPUSD.

My backtesting strategy:
-All evaluation and optimizing done in Alpari MT4 based on 90% modeling caliber
-equipping with 1st Quarter of 2010 information (the most recent one)
- backtest with all quarter of 2009, 1st quarter of 2010 and 2009-2010 simultaneously in FX Open MT4 (not working in Alpari).
-Optimizing applied for MA Combination, TP/SL Combination and Trailing stop.
- Starting number with just USD 500, lotsize 0.1

Here it go:

The earlier said that this setting working best for 1st quarter of 2010:

- MA1 = 24, MA=36
- TP/SL = 100/80
- Trailing stop = 40 for aggresive trading, 20 for Medium risk and 10 for conservative (the safest)

Other remain as defaultoption.

(I dont have the collections evaluation document. I forgot to spare if starting to optimize this EA for another pair. )

Here is the result:

Using Trailing prevent = 20

1# 2 of 2009



2Quarter of 2009


3Quarter of 2009


1Quarter of 2010



2009-2010 (Jan 2009 - Apr 2010)

Trailing Stop =40 (Agressive)


Impact said: above 70% of trading would be Profits, Typical Profit = 40, Highest reward(around USD 3000)


Trailing Stop =20 (Medium risk)


Impact explained: Above 80% of trading would be Profits. Typical profts = 20, Medium Reward (Around USD 2000)


Trailing Stop = 10 (Conservative)


Impact said; Above 90 percent of trading would be profits. Average profits = 10, Smallest reward (around USD 1000)

it's fascinating for me to study how monitoring stops works in this EA. I could say this monitoring stops is really.
Allow say if we set to 10 pips (Conservative), the end result gave me moderate 10 pips as profits, nearly no losing commerce (about 97% transactions had been profits), but very rarely I see that the transaction will yield the true TP (100 pips). But please notice that the chart also shows that the equity would suffers negative with 10. Smoother chart for 20. And again will begin to endure more negative once I set this number . Well, I guess we have to make a pick on this based on our trading fashion. For me, since I'm more concern with downside than making profit so I opt for 20.

Well that is what the past said for this EA.




I also put a forward test that setting for Cable last night after US Open. It yield USD 100 profits at the morning. If this EA can perform more achievement in per 13, I will see.

Note: Watchout for Trading time parameter. I have bad result when a transactions opened in choppy market.


Still couldn't make this EA work in five digits broker (FXPro, Alpari).

It functioned really, but not transactions. Receiving trading sign. Need help from a person with programming and code skills here.