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MQLme Expert Advisor (By MQLme )

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MQLme Expert Advisor Discussion

MQLme
Oct 04 2016 at 08:18
74 posts
PipsDearth posted:
@MQLme

What is the maximum exposure you will have at anytime(maximum total lots open)?
I am applying for 1:200 leverage with my broker. I'm turning it up to 11(15 actually).

Hi

The maximum number of positions at the same time is 2.

If you use Risk 10 and your balance be 1000$ then the maximum open lots would be 0.2 (0.1 + 0.1) lots.

If you use Risk 30 and your balance be 1000$ then the maximum open lots would be 0.6 (0.3 + 0.3) lots.


Regards
https://www.mql.me/
MQLme
Oct 04 2016 at 08:26
74 posts
NSyakirinImran posted:
Hello, your EA open 4 trades a week right (Mon - Thu)? It's already Tuesday and there's no trade performed yet, will you guys be opening 2 trades today then?

Hi

There is no fixed number for the trades. It completely depends on the market condition.

We decided to not trade yesterday. Bank Holidays and Brexit plan made the marker unstable.

Today the EA is waiting for the suitable condition.

After all it's much better to not trade than opening a losing trade.


Regards
https://www.mql.me/
NSyakirinImran
Oct 04 2016 at 09:40
11 posts
Hello @MQLme will you guys be opening trades today??? Thanks
NSyakirinImran
Oct 04 2016 at 09:41
11 posts
Oh okay got it then, I thought my previous comment didn't went through and had to comment again. Appreciate your reply, thanks!
MQLme
Oct 04 2016 at 16:18
74 posts
Dear Clients

Because of fast movement of market the last trade was just open for 7 seconds before touching the TP so some of you may have missed it.

We are sorry about this but don't worry we will have new trades.


Regards
https://www.mql.me/
ericg1980
Oct 05 2016 at 06:56
11 posts
@MQLme how would this happen? Could it be using a different broker?
bounty_hunt3r
Oct 05 2016 at 08:27
19 posts
I also missed it, that's weird even it is 7s trade, who else got the trade?
mkirac
Oct 05 2016 at 08:55
1 posts
what does ıt mean that Because of fast movement of market the last trade was just open for 7 seconds before touching the TP so some of you may have missed it.
please explain are you using different EA
MQLme
Oct 05 2016 at 09:32
74 posts
ericg1980 posted:
@MQLme how would this happen? Could it be using a different broker?

Dear @bounty_hunt3r

Actually if you look to the chart you will see the movement was so fast.

The client side EA checks about every 10 seconds for the signals but that trade was open for about 7 seconds.

We are sorry but as I said before it rarely happens.

Regards
https://www.mql.me/
MQLme
Oct 05 2016 at 09:34
74 posts
ericg1980 posted:
@MQLme how would this happen? Could it be using a different broker?

Dear @ericg1980

No. It's not about different broker.


Regards
https://www.mql.me/
MQLme
Oct 05 2016 at 09:37
74 posts
mkirac posted:
what does ıt mean that Because of fast movement of market the last trade was just open for 7 seconds before touching the TP so some of you may have missed it.
please explain are you using different EA

Dear @mkirac

MQL.me Expert Advisor receives the signals from our server. This makes us sure all clients would have the same trades as our main account.

We are running the master EA on our account so everyone can compare their results with our account.

As I said before that missing trade is so rare and we try our best to avoid such situation.


Regards

https://www.mql.me/
bounty_hunt3r
Oct 05 2016 at 10:32
19 posts
MQLme posted:
ericg1980 posted:
@MQLme how would this happen? Could it be using a different broker?

Dear @bounty_hunt3r

Actually if you look to the chart you will see the movement was so fast.

The client side EA checks about every 10 seconds for the signals but that trade was open for about 7 seconds.

We are sorry but as I said before it rarely happens.

Regards

I see, understood.
fxdummy
Oct 05 2016 at 15:25
74 posts
Hi @MQL.me

We have more trades than usual comparing with the days before, not sure if it is because the EA tried recovering the no trades yesterday and day before. But I agree with you that you said 'After all it's much better to not trade than opening a losing trade.'. Just my opinion that the opening trade today on buying is a bit risky. Because It is pretty much staying at the highest for 7 days history, and RSI and Bollingers Band on H1 and H4 charts both showed the chance of moving up is less then 50%. I know you people will able to recover the profit after all, just want to learn more from you.

Many thanks

MQLme
Oct 06 2016 at 08:21
74 posts
fxdummy posted:
Hi @MQL.me

We have more trades than usual comparing with the days before, not sure if it is because the EA tried recovering the no trades yesterday and day before. But I agree with you that you said 'After all it's much better to not trade than opening a losing trade.'. Just my opinion that the opening trade today on buying is a bit risky. Because It is pretty much staying at the highest for 7 days history, and RSI and Bollingers Band on H1 and H4 charts both showed the chance of moving up is less then 50%. I know you people will able to recover the profit after all, just want to learn more from you.

Many thanks


Dear @fxdummy

We appreciate your suggestion. We always try our best to go forward. The last trade could touch the TP very soon. It was in profit for 11.2 pips actually before the market goes down. Now it has been managed by the recovery trade.

Since we have NFP news tomorrow so we stop the trading for current week.

Regards
https://www.mql.me/
majamivice
Oct 06 2016 at 12:30
52 posts
Is it just me or we closed today in - profit? Just ask.
bounty_hunt3r
Oct 06 2016 at 13:24
19 posts
majamivice posted:
Is it just me or we closed today in - profit? Just ask.

Nope, same small profit with recovery for me, just like the one shown here.
fxdummy
Oct 06 2016 at 15:41
74 posts
MQLme posted:

Dear @fxdummy

We appreciate your suggestion. We always try our best to go forward. The last trade could touch the TP very soon. It was in profit for 11.2 pips actually before the market goes down. Now it has been managed by the recovery trade.

Since we have NFP news tomorrow so we stop the trading for current week.

Regards

Understood and good to hear there is no trading during NFP, playing safe is the rule one. I am just thinking that if the trades of yesterday went easier and safer, then we might have a short with another 10+ pips gain instead of the risky long with closing barely break even (actually it was a lose for me after the swap). There is no rush even no trades for couples day, as long as you keep us posted. You know we have idea what is going on a trade copier and even we have no reset button to restart the EA.
 
And I agree that your EA and trading strategy is one of the best in the market.

Many thanks for your great EA
MQLme
Oct 06 2016 at 17:04
74 posts
fxdummy posted:
MQLme posted:

Dear @fxdummy

We appreciate your suggestion. We always try our best to go forward. The last trade could touch the TP very soon. It was in profit for 11.2 pips actually before the market goes down. Now it has been managed by the recovery trade.

Since we have NFP news tomorrow so we stop the trading for current week.

Regards

Understood and good to hear there is no trading during NFP, playing safe is the rule one. I am just thinking that if the trades of yesterday went easier and safer, then we might have a short with another 10+ pips gain instead of the risky long with closing barely break even (actually it was a lose for me after the swap). There is no rush even no trades for couples day, as long as you keep us posted. You know we have idea what is going on a trade copier and even we have no reset button to restart the EA.
 
And I agree that your EA and trading strategy is one of the best in the market.

Many thanks for your great EA

Dear @fxdummy

I appreciate your supports.


Kind Regards

https://www.mql.me/
upandgo
Oct 07 2016 at 11:20
117 posts
MQLme posted:
FxMasterGuru posted:
You would be able to recruit more customers if a 1-month subcription were offered, too, so subscribers could gain confidence with the EA by running their own backtests and forward tests before commiting to a 1-year deal.

Until then, would it be possible to see the results of a 4-5 years backtest with linear (i.e. fixed) lot sizing and 2 pips spread? Thanks!

Dear @FxMasterGuru

Thanks for your comment. We will consider your suggestion.

About the back test I should say that this EA has been designed and optimized based on recent (last 2 years) tick data. The market behavior changes over time so the back test results for 4 or 5 years ago does not necessary is a good factor for analyzing the EA current performance.

You may see the back test result for 2014.01.01 to 2016.04.01 using below link:

https://www.mql.me/reports/StrategyTester.htm


Kind Regards

Hi, your BT results with build 950 are most likely wrong...

There was a 'spread bug' in 950.
And there is a workaround for that.
Here are the results with same settings of an EA with 950 and 910, both 99,9%
it only shows n/a in 950:
MT4 build 950:



MT4 build 910, same settings:



There is an issue in build 950 tester with the spread. It doesn't take the spread settings correctly.

The most of my 950 BT are wrong now...

So beware of results from 950 BT without doing this workaround:
From tickstory.com: (also if you make BT without tickstory)

'Due to an issue with MT4 Builds 940 and 950, you will be required to do the following steps each time you wish to set the spread:
1. Launch MT4 as usual via the Tickstory launcher.
2. In the MT4 Strategy Tester, select your desired spread.
3. Select the 'Control points' modelling type and press the 'Test' button. You can immediately stop the back-test once it has started. The selected spread will now take effect.
4. Select the 'Tick' modelling method and continue back-testing as normal.
5. Repeat steps 2-4 whenever you wish to change the spread.'

After you made these steps it works correctly and you get exactly the same results.



Attachments:

MQLme
Oct 07 2016 at 14:24
74 posts
Dear @upandgo

I can make you sure the back test results are completely right. We have a group of programmers who take care about the quality of the data and the test.

Regards
https://www.mql.me/
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