MQLme Expert Advisor (By MQLme)

The user has deleted this system.

MQLme Expert Advisor Discussion

Jul 15, 2016 at 18:03
7,532 Views
259 Replies
Member Since Nov 18, 2013   154 posts
Sep 01, 2016 at 05:24
Again bad entry,3 times on the row..😞
Member Since Aug 01, 2015   111 posts
Sep 01, 2016 at 05:25
michaelkim posted:
I think MQLme doesn't listen the FED speaking on last Friday.
Too bad
Your right......
Member Since Nov 27, 2014   157 posts
Sep 01, 2016 at 08:32
lets see if it hit the 30% risk stop
Member Since Jun 02, 2016   74 posts
Sep 01, 2016 at 21:16
@parlavink As you can see in the trade history sometimes there are 4 consecutive wining trades too.

Second trade is for such situations when the first TP does not hit.

We always try our best to improve the results.

Thanks for your supports.
https://www.mql.me/
Member Since Feb 15, 2015   15 posts
Sep 07, 2016 at 11:49
Hi @MQLme , I have been concerned about this EA. I want to make sure a problem now :
This EA's orders will be close manually (your analyst) in some cases . That is, its actual transactions and back-test records will be different?
Member Since Jun 02, 2016   74 posts
Sep 07, 2016 at 13:44
zilong posted:
Hi @MQLme , I have been concerned about this EA. I want to make sure a problem now :
This EA's orders will be close manually (your analyst) in some cases . That is, its actual transactions and back-test records will be different?

Dear @zilong

You are right. In these cases the back test result would be different but please notice that it rarely happens that a position get closed manually by our analyst.

Regards
https://www.mql.me/
Member Since Nov 27, 2014   157 posts
Sep 07, 2016 at 23:21
so it is not fully automatic?
Member Since Jun 02, 2016   74 posts
Sep 08, 2016 at 06:37
Sunnyday posted:
so it is not fully automatic?

The client side EA is completely automatic. Our master EA is automatic too but our analysts decide about the trading sessions and also may limit the trades direction. They also take care about the market news and apply emergency exit if necessary.


https://www.mql.me/
Member Since Feb 15, 2015   15 posts
Sep 08, 2016 at 06:51
@MQLme , thank you for reply. In the back-test your record shows that relative drawdown reached 54.10% use of risk15. In real account, how many maxdrawdown do your analysts control?
Member Since Feb 15, 2015   15 posts
Sep 08, 2016 at 07:01
@MQLme , another problem:
As the user, does he have the right to shut down (not accepted) analyst manual intervention?
Member Since Jun 02, 2016   74 posts
Sep 08, 2016 at 07:23
zilong posted:
@MQLme , thank you for reply. In the back-test your record shows that relative drawdown reached 54.10% use of risk15. In real account, how many maxdrawdown do your analysts control?

Since we are using Risk 30 for our live test we may have DD more than that. There is no fixed limit. It completely depends on the market conditions.

For default Risk which is 10, the max DD would be about 30%.

https://www.mql.me/
Member Since Jun 02, 2016   74 posts
Sep 08, 2016 at 07:24
zilong posted:
@MQLme , another problem:
As the user, does he have the right to shut down (not accepted) analyst manual intervention?

No it's not possible.
https://www.mql.me/
Member Since Sep 08, 2016   13 posts
Sep 08, 2016 at 15:15
Interesting EA. Would Tallinex be a suitable broker for this EA? I am thinking about starting a $500 account using this EA to see how it performs.
On the back test, when it was at a $500 account size, it was trading in 0.07/0.08 lot size.
So I might use the same risk size as the back test, which was 15 I think you said.
Member Since Jun 02, 2016   74 posts
Sep 08, 2016 at 15:35
PipsDearth posted:
Interesting EA. Would Tallinex be a suitable broker for this EA? I am thinking about starting a $500 account using this EA to see how it performs.
On the back test, when it was at a $500 account size, it was trading in 0.07/0.08 lot size.
So I might use the same risk size as the back test, which was 15 I think you said.

Hi

Thanks for your interest in MQL.me Expert Advisor.

We have not tried Tallinex but our EA works with all MT4 account Types.

In order to use Risk 15 the recommended leverage is 1:100 or more.

Regards
https://www.mql.me/
Member Since Nov 27, 2014   157 posts
Sep 09, 2016 at 06:18
but the problem is that the ea on your side is not 100% automatic
Member Since Jun 02, 2016   74 posts
Sep 09, 2016 at 07:01
Sunnyday posted:
but the problem is that the ea on your side is not 100% automatic

This is how our EA works. The trades are opened automatically. There is never a single manual trade. As I said before the position may be managed by our group in case of emergency exit. Also they decide about trading sessions.

I understand what you mean but it's our strategy.
https://www.mql.me/
Member Since Feb 15, 2015   15 posts
Sep 09, 2016 at 08:28
May be managed by manually is necessary, a trading strategy can not ensure profitability in all of the trading session.
The problem is MQL.ME is responsible enough for his clients.
Member Since Sep 08, 2016   13 posts
Sep 11, 2016 at 06:37
Hey why are there deposits and withdrawals of small amounts?
Member Since Jun 02, 2016   74 posts
Sep 11, 2016 at 09:41
PipsDearth posted:
Hey why are there deposits and withdrawals of small amounts?

Hi

Most of them are related to orders' swap.

In FXCM positive swaps are considered as deposit and negative swaps are considered as withdraw.


Regards
https://www.mql.me/
Member Since Feb 14, 2015   74 posts
Sep 11, 2016 at 15:16
Hi MQLme,

In your live account showing here , what is the number of Risk being used?

Many thanks
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