Try My EA! Need Group Feedback...

Hmmmm...

Placed the EA last night and it's been running away. It seems to be closing baskets at small losses though and then resetting. Account is down about 5%

I have on setups Use SL false, teka profit I don't see where can I change the settings..

thanks shiva
now after i stop the ea (not remove) the alert still coming now with error no 4109

do you know what 4109 mean?

anybody try with fxcm?if it run well in fxcm demo account) i will try because i have account there

lol...im not giving you my vps acct and pass, so please stop asking...As i've said numerous times now, track the progress using the TE i created.

Here: http://www.forexfactory.com/shug#12

Sorry for my absense.

I see tons of questions here, but some of them are the same, so I'll try to address everything in a long post here, so please read before replying.

First thing is DON'T CHANGE THE SETTINGS!!! You are sabotaging yourself if you do, and if you use any other pair besides Gold! I saw some people put a value in for lot size. That will prevent the EA from automatically growing your lot size as your account grows! Making the lotpercent size higher will make it too risky.

You must wait 24 hours for EA to start trading, you can change the start time to a few minutes after your current MT4 time, but must remember to change the stop trading time to 1 minute before that.

If you get error 130, it means the broker has a limitation on how close pending orders can be placed to current price. It's ok, the EA will still trade, and place the next closest order that the spread will allow. It has nothing to do with TP\SL...the EA doesn't use either.

Please do not ask other people for investor logins or passwords, trade explorer is sufficient to keep records, and if you want to watch the EA trade, download it and run it yourself, please!

If the EA is opening the orders and immedietly closing everything, without allowing trades to open, or repeatedly losing many batches in a row, you have a broker with too much latency. The EA must be able to close all orders very quickly to capture a win. All I can suggest is research your latency, and see if you can get a different broker with better latency.

Some people are asking about going live. Please demo for a couple of months first! Latency and slippage are real and relevant to live trading. While demo accounts don't have slippage, they will reveal latency problems, which are far worse!

Addressing Thodie's suggestion about equity target. There is only one way to get something called global real-time equity. The EA has to know what the balance was before any trading started, and only close all trades when there is a true profit, no matter how many trades have been opened. I stand by the code here. The EA is meant to run the account by itself.

...Which brings me to another point...anybody having problems with trades closing instantly, make sure no other trades are going on besides what the EA is ordering. No manual intervention! No manual trades!

Please do not bring up any subject about pooling money or running joint accounts, or pamms...there is no good way to go about this!!! It never works between people!! Just demo it and post links to your explorer. If you want to run your own personal risk on live account, that's your business. Don't rope others into it!!

~ kashtrader


1. yes, that's correct size.
The EA want's to make 1% of account balance per "basket", very small target...easily acheivable, and reduces the zig zag risk greatly.

3. If you demo the EA, you'll be able to see how it'll work. The closest orders would hedge to lose the distance between themselves, plus spread. The next closest orders would lose the same, plus their distance, and so on. If a buy opens, and then price zigs down and opens a sell, that's a hedge, and an effective SL-the trades cancel each other and wait for all the other trades to be closed later. Look at some of the explorer's links that are already being posted.

Everybody please remember to read the first post! I'm going to go over the couple of explorers linked now to see results.

http://www.forexfactory.com/showthre...80#post7916780

hi,,i got error msg on alert pop up..

sell order failed, error no 130..
buy order failed, error no 130..


i just found your explaination..
so do i need to change the broker ??
coz the pop up is annoying..

use another broker with 25p spread...got error 4109... ;(

brother i have not asked u to give vps password ..i have told u to give the demo account no and investor password ..its the best process to follow up a system

why should i tell u to give ur vps account and pass? lol to u

I'm not giving you that either. Trade explorer works just fine, so view that if you want to track the progress.

~Shiva...observing your explorer...your broker might have some high latency, looks like it was doing good, but recent trades have closed slightly negative. You may want to do a ping test

~Shug...it appears your explorer shows acceptable latency with your broker. Don't worry about having tons of trades open, that's how the EA works.

Everybody else: link us to your explorers!

Thanks Pipster, I will check this. Also I had set fixed lot size of 0.1, should I change it to 0.0?

ok no problem...i m not able to understand where is the problem to give that... no more debates on this

yes, because the ea will only trade that size, otherwise. You might want to wait until the EA has just started over, so you don't lose anything.

636 downloads

3 trade explorers linked....

I know it may take some of you some time...i'm having my own problems with VPS, too, which I think I solved.

http://www.kitco.com/images/live/nyg...07787682455684

Flat market today so far...by the end of monday from now, everybody who has started this will see what happens when the market really moves with the news.

EDIT: Hah! i didn't know the kitco chart would update as a link...now showing some upside.

Here ya go Pipster...

Spyderman's Steady Gold Trade Explorer

Well it recovered and I closed all trades Now restarted EA with default lot size of 0.0 but no trades yet

EDIT: It begins However not able to ping my broker's server. Guess they have set it so that no one can ping it.

I pinged mine at 150ms. Guessing that's not good...

yeah, not great....
i would say 50ms would be absolute most...
if you're running a vps, you may want to find where the vps server is located in relation to the broker's server.
for instance, i'm setting up an amazon vps in frankfurt, germany which will be closest to finland for me. I still won't have the best because the brokers server has to communicate with NYC first. It's about 40 ms.

I wouldn't worry about your latency, it looks great so far...you're already up way more than I would expect!

Yes, very impressive so far considering the low DD, if this continues consistently I might finally consider a Bentley over VW