IBFX Live (by rolfwidmer) Quick Stats
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IBFX Live Discussion
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Demetre

Member Since Nov 30, 2009  2 posts Demetre Nov 30 2009 at 09:33
would you care to share in your EA's success?

rolfwidmer

Member Since Oct 20, 2009  36 posts Rolf Widmer (rolfwidmer) Nov 30 2009 at 09:49
I use ILAN or eurusd (free EA). as it is a martingale with some risk it has to be supervised.

mcmalach

Member Since Nov 30, 2009  5 posts Mike (mcmalach) Nov 30 2009 at 22:04
your using ilan what settings are you using? doing quite well with it also are you using v1.6

rolfwidmer

Member Since Oct 20, 2009  36 posts Rolf Widmer (rolfwidmer) Nov 30 2009 at 22:12
it is v1.6 with rsi filter, lotexp1.59, takeprofit=10, pipstep=30, pipstepexp=1.2, maxtrades=10
on h1 chart

emc2forex

Member Since Nov 14, 2009  7 posts emc2forex Dec 02 2009 at 14:50
What parameters are you using for StopLoss, TrailStart, TrailStop? Is it posible o attached your a *.set file here? Thanks in advance and good luck

rolfwidmer

Member Since Oct 20, 2009  36 posts Rolf Widmer (rolfwidmer) Dec 02 2009 at 14:56
stoploss, trailstart and trailstop don't work in ilan even if they exist. Anyway it is against the concept of ilan. so i didn't change the standard values there. As i don't know how post a file, I place here the settings
Stoploss=500.00000000
TrailStart=10.00000000
TrailStop=10.00000000
LotExp1.59000000
slip=3.00000000
Lots=0.10000000
lotdecimal=2
TakeProfit=10.00000000
Pipstep=30.00000000
PipStepExp1.30000000
RsiMinimum=30.00000000
RsiMaximum=70.00000000
MagicNumber=2222
MaxTrades=10
UseEquityStop=0
TotalEquityRisk=20.00000000
UseTrailingStop=0
UseTimeOut=0
MaxTradeOpenHours=48.00000000

emc2forex

Member Since Nov 14, 2009  7 posts emc2forex Dec 02 2009 at 18:08
great! Thanks, Do you know if this EA works at Alpari 5 digits quotes? Should I multiply by 10 the parameters value or the EA auto detect 5 digits broker?
For example instead of TakeProfit=10 should be 100?

rolfwidmer

Member Since Oct 20, 2009  36 posts Rolf Widmer (rolfwidmer) Dec 02 2009 at 18:19
yes, you just have to multiply takeprofit, slippage, pipstep with 10. it does not detect 5 digits automatically.

rolfwidmer

Member Since Oct 20, 2009  36 posts Rolf Widmer (rolfwidmer) Dec 02 2009 at 18:22
btw: be aware that this is a martingale. sudden large moves can blow an account. so take care.

emc2forex

Member Since Nov 14, 2009  7 posts emc2forex Dec 05 2009 at 00:51
thanks! Is it necessary to multiply the PipstepEXP by 10 as well from 1.3 to 13? I have attached the EA on the 1H time frame as you but my results are different...

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