To use chat, please login.
Back to contacts

Willing to pay for absolutely simple EA

erica123
Sep 02 2011 at 03:47
44 posts
Hi all you tech gurus out there,

I don't think there is an easier EA out there, and so this has gotta be the simplest coding you will ever do. There is one catch and you will see that later😀

The condition of this EA is that IF there is another open position in my trading terminal with XXX magic number, and that open position goes XXX number of pips in my direction or against me, the EA should open up another position and that new, second position should now follow the same pattern as the original position. So if that initial position closes, this new one closes too.

Here is an example:

I am long EU 1 lot @ 1.4500
Market goes to 1.4555
The EA is set to open new positions once current positions are +55pips
The EA opens new position at 1.4555
First lot closes @ 1.4540
Second lot should also close @ 1.4540

Simple, isn't it!

So there is really only ONE parameter and that is setting the number of pips market has to go for or against me.

There is one catch in this whole EA and you tech gurus may have some good suggestions

I NEED to be able to backtest it. If its not back-testable (yes, i know thats probably not a word) then its useless to me.

So how would I backtest 2 EA's together because the one you will create is really an addition to the first one, but I need to test its viability.

I know you will jump at my throat and say, 'well I could add the code into the current EA'

2 things - (a) I am not sure you can, since these are all commercial EA's and so aren't they secret and scrambled code and all that fancy stuff. I have no idea, but that's what I would imagine. (b) I want to use it on a few different ones, so it needs to be independent

About the fact that I am willing to pay - I definitely am because I am looking for someone who will be on top of it and do it fast, and if I pay that's what usually happens😄

So a moderate sum i'm willing, but please please speak English fluently otherwise I just can't communicate, and also be fluent in programming not a new learner testing out their skills on me. This is important to me hence the willingness to pay moderately.

Hope to hear from you soon
DanielNWA Trading (Danielnwa)
Sep 05 2011 at 03:35
90 posts
Hi erica123,

   I noticed you haven't got a response yet. I can point out to you that there is a website called Freelancer.com and it usually has a couple of programmers that know the Meta Trader language and are just dying for some good ol' work!

Just thought I'd make myself useful=)

Warm regards, Judd Briza.
Don't work hard, work smart.
erica123
Sep 05 2011 at 14:12
44 posts
Hey Judd,


Thanks for the suggestion. I have used that site in the past, but figured would give these folks a chance first.

Cheers!
RalFxify
Sep 06 2011 at 10:49
48 posts

erica123 posted:
    Hi all you tech gurus out there,

I don't think there is an easier EA out there, and so this has gotta be the simplest coding you will ever do. There is one catch and you will see that later😀

The condition of this EA is that IF there is another open position in my trading terminal with XXX magic number, and that open position goes XXX number of pips in my direction or against me, the EA should open up another position and that new, second position should now follow the same pattern as the original position. So if that initial position closes, this new one closes too.

Here is an example:

I am long EU 1 lot @ 1.4500
Market goes to 1.4555
The EA is set to open new positions once current positions are +55pips
The EA opens new position at 1.4555
First lot closes @ 1.4540
Second lot should also close @ 1.4540

Simple, isn't it!

So there is really only ONE parameter and that is setting the number of pips market has to go for or against me.

There is one catch in this whole EA and you tech gurus may have some good suggestions

I NEED to be able to backtest it. If its not back-testable (yes, i know thats probably not a word) then its useless to me.

So how would I backtest 2 EA's together because the one you will create is really an addition to the first one, but I need to test its viability.

I know you will jump at my throat and say, 'well I could add the code into the current EA'

2 things - (a) I am not sure you can, since these are all commercial EA's and so aren't they secret and scrambled code and all that fancy stuff. I have no idea, but that's what I would imagine. (b) I want to use it on a few different ones, so it needs to be independent

About the fact that I am willing to pay - I definitely am because I am looking for someone who will be on top of it and do it fast, and if I pay that's what usually happens😄

So a moderate sum i'm willing, but please please speak English fluently otherwise I just can't communicate, and also be fluent in programming not a new learner testing out their skills on me. This is important to me hence the willingness to pay moderately.

Hope to hear from you soon



I can develop this EA for you. but do bear in mind that the only way to know the real potential of a robot is by a demo forward test.

If I got you right , you need this EA to have two inputs, x amount of pips and input for magic no. In order words its gonna be more like a trade manager of some sort. Confirm my assumptions and I shall make this for you..

erica123
Sep 06 2011 at 11:08
44 posts
Hi ralfxity,

I will respond to you via PM
RalFxify
Sep 06 2011 at 11:26
48 posts
FYI this EA you require does not define exit and entry points and therefore cannot be backtested. Its more like a trade manager that doesnt work alone and depends on trades open manually or by some other EA to function.

erica123
Sep 06 2011 at 11:28
44 posts
ok thanks! I guess what I want cannot be created then:(
Thanks anyway!
SaltyWaters
Sep 06 2011 at 14:44
247 posts
I can do it but for your information you cannot back test 2 EA's at the same time. You can forward test it on a Demo Account with manual trades or any other EA.
erica123
Sep 06 2011 at 15:09
44 posts
Hi Salty,

That's the vibe I am getting from the programming community - that I cannot back-test 2 at the same time. Because I already have widely popular trade managers that do just what I want, but I could never back-test.

And as I am being told that the ONLY way to back-test what I want would be to build this trade manager into the actual EA that I want to back-test.

Is it possible to insert additional parameters into a commercial EA? or are they coded and programmed in such a way that you cannot add anything into it?

because if you can, then I could just have all the EA's I want to back-test adjusted with these parameters.
SaltyWaters
Sep 06 2011 at 15:22
247 posts
It's possible to insert additional parameters if you have the source code. But being a commercial EA I doubt that they will give you the source code.

Send me a PM with the names of the EA's and I will check it out for you.


DanielNWA Trading (Danielnwa)
Sep 06 2011 at 16:26
90 posts
Erica,

   it's definately possible to 'hack' pretty much all of the commercial EA's. Despite the common wisdom that it's close to impossible (or would at least take weeks or months to do) a truly good programmer can do it with relative ease.

But that's not saying it's ethical or that it's easy to find a top-notch programmer to do it... But it's very much possible=)

Judd
Don't work hard, work smart.
erica123
Sep 06 2011 at 17:04
44 posts
To me, I have a simple philosophy. Most EA's have a 60 or 30 day money back guarantee, so I don't care to pay for it because they worked hard on it, and they deserve the money. If it is good, I will know within the 30-60 days and I will be able to make much more than the cost of it. So I have no problem paying.

I have paid for all my EA's and I wanted to add something to them but it seems that I would have to first 'hack' them and then add my additional parameters. So I guess the question is, is it 'ethical or right' for me to now use a hacked one just because i need to add something to them? Theoretically, since I have already paid for them, I am not taking any business away from the developers. I am just adding my own twist.
SaltyWaters
Sep 06 2011 at 17:28
247 posts
I don't think is ethical or right at all and developers that will hack someone else work just to make a few bucks don't deserve any respect!



Cheers
DanielNWA Trading (Danielnwa)
Sep 06 2011 at 18:31
90 posts
Well I guess that IF you only use your hacked copy of the EA you payed for for personal purposes theoretically it wouldn't do any harm. BUT when you have hacked an EA, you now have access to all of the code behind it and thus the 'trading formula' in it's entirety. And that might be the developer's personal secret that he does not want to let out as he might be making his living from it. And when someone does that, even though it's only for 'personal use', the chances are that it will be shared with others eventually. Of course every individual is different I'm just saying that most would not keep it 'safe' only for a single pair of eyes to see... But there's definitely not a clearcut answer to this question; information theft(a crime), or personal 'tweaking' of the bot?

I guess it's both...

Judd.
Don't work hard, work smart.
erica123
Sep 06 2011 at 18:47
44 posts
Thanks Judd for your input, I guess I understand what ur saying. It makes sense. I may have to go to the developers direct. I will think about what to do
Steve Walker
walker36
Sep 08 2011 at 23:01
1341 posts
you can Hack an EA and there is no discussion if it is ethic or not unless make a copy and sell it. if you use it personally then it is up to you if it is ethic or not. I dont see a problem here. when you buy a car you pay for it and then you can change it as much as you can. nobody is asking if this is ethic or not.

about your problem this is very difficoult issue
reasons are
- it is not backtestable😁
- when this code attemp the commercial EA s trades you can not know how they react.!!??

so it is better for you to forget about doing it by EA

regards
walker
erica123
Sep 09 2011 at 08:25
44 posts
Hi Steve,

About the ethics aspect, I overall agree with you although there some very zealous ppl out there who are adamantly against, but I have paid the full price without a problem, and paid my dues as they say.

What I want CAN be done IF i hack it, and put my parameters into the actual code of the EA. And its something I may definitely do. It is the only way I can run the EA the way I want to run it. Otherwise, I basically bought an EA, and can't use it because it doesn't fit what I want.

One of them is FGB - as everyone knows it has been performing pretty horribly lately, but I want to continue using it with MY tweaks. If I don't hack it, and change it the way I want, then I paid for nothing since right now its useless to me.
Steve Walker
walker36
Sep 09 2011 at 10:24
1341 posts
Decompilng an EA ex4 code is meaningless for new developed EA s.
New coded EA s are mostly only execute orders and they are bridge between MT4 and dll code.

eg FGB, their main ALGO is in dll and it is quite impossible to decompile it. This called 'reverse engineering' for those files the person should be pro and need special, expensive tools.

if you can proof that your addition will work good for an EA may be you can catch the creators attaention. but at that point the ethic discussion will be started by you. due you want to protect your idea.😇

regards
erica123
Sep 09 2011 at 10:41
44 posts
'but at that point the ethic discussion will be started by you. due you want to protect your idea'

Thats funny! - I never thought about it from that perspective:)

If one decompiled ex4 code, can you then add in your own simple code to the execution orders? Or do you NEED to put it in the dll file?
Steve Walker
walker36
Sep 09 2011 at 10:53
1341 posts
it depends on what you want to do and the original code. should work on that to say someting.🙄
Please login to comment .