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HMA EA-Live (by bl4ckp3n9u1n)

The user has deleted this system.
marco_mmbiz
Nov 09 2020 at 14:23
332 posts
Your account crashed (as expected). The risk was way too high. Try to trade with only one forex pair, not 3 or 4 at once. ;-)

patience is the key
Fxg54
Nov 09 2020 at 15:22
135 posts
marco_mmbiz posted:
Your account crashed (as expected). The risk was way too high. Try to trade with only one forex pair, not 3 or 4 at once. ;-)

And now he deleted the system. Would be good not to do that so others (we all) could learn.

Mikehussey
Nov 18 2020 at 09:30
27 posts
On a lookout for an EA for crypto trading.

jmaster
Nov 18 2020 at 11:03
47 posts
EA is hard to be profitable on long run, as it needs constant tweeking to adapt to the market conditions, at least thats what they say. i have never tried to trade with EA on live niether on demo. good luck

trollsdindy
Dec 04 2020 at 06:55
1 posts
This is such a smooth graph. I appreciate the strategy you have used.

jmaster
Dec 04 2020 at 08:10
47 posts
its really smooth. worth of its price.

bl4ckp3n9u1n
Dec 05 2020 at 04:53
45 posts
As suggested, I went to only one FX pair and due to human error again late Thursday I lost a few points.

I am back on track however for Monday start and will be looking at averaging 25% gain a week across 5 trading days.

The main aim now is just to leave it and by the end of December recover the initial $150 deposit I made to break-even and 'start again'.

@trollsdindy - To be honest I haven't employed any actual strategy, it is just a combination of an EA and a HMA indicator which works well. I would like to take the credit but I can't.

@jmaster - 'The price' for me is free, apart from the deposit into the brokerage account and time to test. So yes, worth the price. (if this is what you mean?)

@Fxg54 - During November I stopped trading after 'trial and error' which I have just re-started on Monday 30 November. For some background information I was using an EA 'Corti 2.22' in October trying a number of FX pairs / configurations, leading into November I tried a newer version of Corti that saw me lose about 85% of my equity.
- Again, thank Mastercool66 for all his work into Corti and revitalising hobby in retail trading.

@Mikehussey - Not sure if you are asking me for an EA or offering one?

@marco_mmbiz - Noted.

For anyone interested I have attached the EA, Indicator and Preset I am using.
This should work for anything, but only one stock or currency pair at a time, have not tested with a crypto broker.

N.B. have back tested but results are very different in live trading and v1.10 of my preset means I have tried and tested 110 times to find the best 'set' so far.

Attachments:


"Or die trying...." Sonny Crockett, Miami Vice 1980's
bl4ckp3n9u1n
Dec 08 2020 at 03:02
45 posts
I have decided to try an extra pair, this may or may not work so I will test this for the week.

The EA is based on an equity calculation for entry and exits so theoretically one will start from the 'base' equity and depending on the price movement being either negative or positive the second would use that figure to calculate its entry, whenever that is. However, what does need to be observed is if the exit is based on the entry calculation or current which I think it will be thus meaning the EA will either place me into considerable risk if the movements are too great either way that will affect the margin or my targets will be achieved quicker.

An additional change I have made is the minimum return % on the second pair (AUDJPY) lowering this to 3.5% as I actually used that originally for my testing.

The reason why I have chosen these pairs is on average there is about 150 pip movement either way that is enough to make a profit for each trade execution plus there is a lot of side movement during the Australian trading times with USDJPY so I am hoping this will execute a few more trades over a 24 hours period.

Final note, on average there has been two trades per day so originally setting a minimum % return of 3.5 should provide me with the goal of 5% per day or 25% per week and based on two pairs now at 3.5% and 4%, I should be able to get 10% a day or 50% per week.

This is my theory and unless I test this for better or for worse, I won't know.

"Or die trying...." Sonny Crockett, Miami Vice 1980's
bl4ckp3n9u1n
Dec 08 2020 at 13:24
45 posts
As a small update I have been monitoring the trading for the last 12 hours and now only realised that I did not change the magic number on the second chart.

Hopefully this corrects the no-start issue and the real test of running two pairs on the EA should start in shortly.

"Or die trying...." Sonny Crockett, Miami Vice 1980's
jmaster
Dec 08 2020 at 14:21
47 posts
what does magic number actually do? :)

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