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DoubleBar EA (By forex_trader_4570)
The user has deleted this system.
DoubleBar EA Discussion
Feb 11, 2013 at 22:04
839 Views
17 Replies
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Feb 14, 2013 at 01:52
Started a new EA on Feb 13 which is why history goes back that far.
I'm excited about this EA. It's the first non-martingale EA I've written that has done very well in back testing. It was able to turn $180 into just over $3000 in a little more than 3 months. I know real life can be much different than back testing so I have it running on 2 real accounts. I'm keeping my fingers crossed!
I'm excited about this EA. It's the first non-martingale EA I've written that has done very well in back testing. It was able to turn $180 into just over $3000 in a little more than 3 months. I know real life can be much different than back testing so I have it running on 2 real accounts. I'm keeping my fingers crossed!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Feb 25, 2013 at 00:08
Ouch, that gap kicked me hard. Most of my losses have occurred on Fridays, so I've stopped the EA from opening new positions on Fridays. That will hopefully fix any gaps like that in the future, too.
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Feb 26, 2013 at 19:39
Kind of an ugly day today with 2 losses. This kind of thing happened frequently during back-testing so it doesn't really bother me too much. I'd rather see gains, of course!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Feb 28, 2013 at 05:30
How much can I believe back testing?? I'm back-testing a minor change with my opening strategy, and the results are a bit crazy. The initial results I'm seeing are showing a balance of over $15,000 on a starting balance of $180. That's crazy.
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Feb 28, 2013 at 06:41
Updated to version 1.3 because of the back-testing results I got. I know I won't see those results, but the relative difference makes the upgrade worthwhile, I think.
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Feb 28, 2013 at 16:59
The 2nd trade today was a direct result of the upgrade. Now if it'll stay positive that would be nice!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 01, 2013 at 15:06
I'm a little discouraged after a bad Thursday. Oh the joys of Forex trading! 😐 I've stopped my EA from trading on Fridays so I'm done for the weekend. Here's to a better week next week!!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 05, 2013 at 06:18
This lack of price movement isn't helping!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 06, 2013 at 22:19
I've had to make a strategy change. I'm moving away from EURJPY 1H and going with EURUSD 4H for now. The lack of movement in EJ has been killing my account.
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 07, 2013 at 21:18
It's my birthday. A nice gain would make a great present!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 13, 2013 at 19:51
Updated the EA to *hopefully* reduce the number of false starts.
Member Since Mar 03, 2013
320 posts
Mar 14, 2013 at 05:31
wish you luck mate
cheers
cheers
Geht Nich Gibt´s Nich
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 14, 2013 at 07:10
thank you! I need it!
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 26, 2013 at 19:55
Nothing like following up a great week with a piece-o-crap day like today. That's forex! Hopefully the rest of the week will improve.
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Mar 29, 2013 at 17:49
Boring Easter week. Time to do something exciting, like watch the grass grow ... under the snow.
Member Since Mar 03, 2013
320 posts
Mar 29, 2013 at 19:06
Lol....
Geht Nich Gibt´s Nich
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Apr 04, 2013 at 22:53
Upgraded to version 1.6x. Uses a following SL instead of Parabolic SAR indicator to close the trades. The hope is the losses will be smaller and the gains will be at least as big. The following SL uses a percentage rather than fixed pips to follow, so it moves faster when the current price is farther away, and slows down as it approaches the price.
forex_trader_4570
Member Since Dec 17, 2009
37 posts
Apr 23, 2013 at 18:55
Updated to version 1.6.2. This version is optimized for the EURJPY 4h chart and includes provisions to reduce the false starts. Seems to be better so far.
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