H1 timeframe XAUUSD EA for all | Page 3 | Metals Mine

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H1 timeframe XAUUSD EA for all

  • #41
  • Jan 4, 2018 9:28am Jan 4, 2018 9:28am
Quoting abhirag
{quote} Ok, I didn’t know that, thanks.
Shouldn’t matter as Long as EA works.
  • #42
  • Jan 4, 2018 9:28am Jan 4, 2018 9:28am
Quoting abhirag
{quote} Ok, I didn’t know that, thanks.
Just saw now that my broker has not full history of 2016, thats why It was not profitable. And we can start EA any time of the year? Just take profit after a year am I right?
  • #43
  • Jan 4, 2018 9:31am Jan 4, 2018 9:31am
Quoting netas369
{quote} Just saw now that my broker has not full history of 2016, thats why It was not profitable. And we can start EA any time of the year? Just take profit after a year am I right?
Yes, you can start any time, and let it run, you will be in profits eventually.
  • #44
  • Jan 4, 2018 10:36am Jan 4, 2018 10:36am
Quoting abhirag
{quote} started with 1k in Jan 2017, now I have around 2500.
What was the biggest drawdown during that time?
  • #45
  • Jan 4, 2018 10:42am Jan 4, 2018 10:42am
Im planning to go with $100 and just set it and forget. Updating lot size for every 100 earned. Let see how it does.
  • #46
  • Jan 4, 2018 10:58am Jan 4, 2018 10:58am
@abhirag

Could you please add Magic Number to Settings? Thanks!
  • #47
  • Jan 4, 2018 12:35pm Jan 4, 2018 12:35pm
Thank you very much for your work , and so nice of you to share
i have a question , did you try it on Silver/USD ?
  • #48
  • Jan 4, 2018 2:24pm Jan 4, 2018 2:24pm
Quoting medIce
Im planning to go with $100 and just set it and forget. Updating lot size for every 100 earned. Let see how it does.
Goodluck...
  • #49
  • Jan 4, 2018 2:26pm Jan 4, 2018 2:26pm
Quoting RoboSeer
@abhirag Could you please add Magic Number to Settings? Thanks!
Hey, sorry, but I am not a coder, I paid to get it coded in 2016, how will magic number help?
  • #50
  • Jan 4, 2018 2:29pm Jan 4, 2018 2:29pm
Quoting Faucon
Thank you very much for your work , and so nice of you to share i have a question , did you try it on Silver/USD ?
No, as I said I got it coded in 2016, backtested on several pair, only found it profitable on XAUUSD, so started it in live account, only for gold.
  • #51
  • Jan 4, 2018 2:58pm Jan 4, 2018 2:58pm
Quoting abhirag
{quote} No, as I said I got it coded in 2016, backtested on several pair, only found it profitable on XAUUSD, so started it in live account, only for gold.
Is this EA still profitable for you?
  • #52
  • Jan 4, 2018 3:01pm Jan 4, 2018 3:01pm
can someone upload screenshoot of 5 years back testing ? I dont find a broker which has a long history.
  • #53
  • Jan 4, 2018 3:05pm Jan 4, 2018 3:05pm
Quoting abhirag
{quote} Hey, sorry, but I am not a coder, I paid to get it coded in 2016, how will magic number help?
Well, it would have helped separating this EA's trades from other EAs' trades running also on XAU/USD. Not a big issue. Thanks for your generousity!
  • #54
  • Jan 4, 2018 3:16pm Jan 4, 2018 3:16pm
Can you tell us more about the strategy, why it works? I mean logic behind all this, because it sure looks good
  • #55
  • Jan 4, 2018 4:33pm Jan 4, 2018 4:33pm
Quoting abhirag
{quote} do you have same setting as shown while back test?
Yes, i have same setting like the first post.

Quoting abhirag
{quote} The TP is 7 time of daily ATR, it takes time.
I think this is why open order haven't closed yet.

Waiting for more details about the strategy, sure it is promising
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 87 KB
  • #56
  • Jan 4, 2018 5:45pm Jan 4, 2018 5:45pm
Hello

i have the following error
2018.01.05 01:09:35.754 Daily breakout16 XAUUSD,H1: TrendCreate: ERROR 4200

what doesnit mean?
  • #57
  • Jan 4, 2018 7:10pm Jan 4, 2018 7:10pm
Quoting netas369
can someone upload screenshot of 5 years back testing ? I dont find a broker which has a long history.
The only year it wasn't profitable was 2013. here is the screenshot of 5 years backtest with 1K and .05 lots.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB
  • #58
  • Jan 4, 2018 7:24pm Jan 4, 2018 7:24pm
Quoting AhmadYt
Hello i have the following error 2018.01.05 01:09:35.754 Daily breakout16 XAUUSD,H1: TrendCreate: ERROR 4200 what doesnit mean?
Not sure, what time did you attach, as the name suggests, its daily breakout, it will only trade when the 1HR candle is closed above or below the previous day high or low respectively.
  • #59
  • Edited 8:44pm Jan 4, 2018 7:32pm | Edited 8:44pm
Quoting netas369
Can you tell us more about the strategy, why it works? I mean logic behind all this, because it sure looks good
Break Candle: 1 HR candle that breaks the high or Low or precious day.

LONG SETUP:
When the 1HR candle closes above the high of break candle.
Set the SL to LOW-50 pips of break candle.
TP: 7 Times of Daily ATR

SHORT SETUP:

When the 1HR Candle closes below the low of break candle.
Set the SL to high+50 pips of break candle
TP: 7 Times of Daily ATR

The EA takes only 2 trades (BUY and SELL) at a time.
If the BUY trades is open and running for profit, EA will not take BUY trades, but continue to take SELL trades every day as per strategy and vice versa.
  • #60
  • Jan 4, 2018 7:36pm Jan 4, 2018 7:36pm
not sure why admin has moved the thread to Commodities and Stocks, its more visible in Trading Systems
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