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Forex_Expert2

I feel the most likely made in Russia.
If you are interested, find a good set together:cool:

All settings default

Broker : prime4x [4Digit,Micro]
TF :15
Pair :EUR/USD USD/CHF GBP/USD GBP/JPY USD/JPY EUR/GBP EUR/CHF


 

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radicaltour

Moderator
VIP Member
satoru,
i believe the strategy tester result that you posted is for MobyDick and not for Forex Expert 2. I also don't see anything good when backtesting this EA.
Did you use the settings from the .set file included?
Do you think this EA works better in live than on backtests?

thanks.
 

Tinojazz

Professional Trader Since 2007
VIP Member
HI

HI

Yes your results are from Moby Dick EA... In principe i dont like martingale EA'S
But this EA is not danger. I have some test with idea how to use this robot:
Here is the explanation: I am using I-trend indicator(RSI-filter 14) for detecting the main trend on H4 TF, so when is blue i set the robot to work only long, and when the trend is changed to red i stop all open long positions, and i set robot to work only short. We have some small loses when trend is changed, but generaly we are always in good profit.
I have tested from 2008 september till 2010 end of march. I add all profit from tester to tester so the last report is the final balance.
regards.
 

rwrz

Member
Hey guys,

please share this MobyDick... we can put this i-trend inside it to get better tests... =)

Cya

rwrz
 

radicaltour

Moderator
VIP Member
I've posted MobyDick 2.7 here:
Code:
http://www.worldwide-invest.org/metatrader-expert-advisors/448-mobydick-2-7-a.html#post1791
Thanks.
 
Yes your results are from Moby Dick EA... In principe i dont like martingale EA'S
But this EA is not danger. I have some test with idea how to use this robot:
Here is the explanation: I am using I-trend indicator(RSI-filter 14) for detecting the main trend on H4 TF, so when is blue i set the robot to work only long, and when the trend is changed to red i stop all open long positions, and i set robot to work only short. We have some small loses when trend is changed, but generaly we are always in good profit.
I have tested from 2008 september till 2010 end of march. I add all profit from tester to tester so the last report is the final balance.
regards.
Thank you for your good idea.:)
You are very knowledgeable, helpful to
 
Change settings:GBP/USD GBP/JPY EUR/JPY

Expert1==== Time Management ===
Use_Time_Mgmt=0
TradeStartHour=0
TradeStartHour,F=0
TradeStartHour,1=0
TradeStartHour,2=0
TradeStartHour,3=0
TradeStartMinutes=0
TradeStartMinutes,F=0
TradeStartMinutes,1=0
TradeStartMinutes,2=0
TradeStartMinutes,3=0
TradeEndHour=24
TradeEndHour,F=0
TradeEndHour,1=23
TradeEndHour,2=0
TradeEndHour,3=0
TradeEndMinutes=24
TradeEndMinutes,F=0
TradeEndMinutes,1=0
TradeEndMinutes,2=0
TradeEndMinutes,3=0
Expert2==== Trading Management ===
MM=1
RiskPercent=30.00000000
RiskPercent,F=0
RiskPercent,1=10.00000000
RiskPercent,2=1.00000000
RiskPercent,3=100.00000000
LotSize=0.01000000
LotSize,F=0
LotSize,1=0.10000000
LotSize,2=0.00000000
LotSize,3=0.00000000
Max_Lot_Size=50.00000000
Max_Lot_Size,F=0
Max_Lot_Size,1=100.00000000
Max_Lot_Size,2=0.00000000
Max_Lot_Size,3=0.00000000
MaxOrder=1
MaxOrder,F=0
MaxOrder,1=1
MaxOrder,2=0
MaxOrder,3=0
StopTime=0.00000000
StopTime,F=0
StopTime,1=0.00000000
StopTime,2=0.00000000
StopTime,3=0.00000000
TakeProfit=25.00000000
TakeProfit,F=1
TakeProfit,1=10.00000000
TakeProfit,2=1.00000000
TakeProfit,3=50.00000000
StopLoss=0.00000000
StopLoss,F=1
StopLoss,1=10.00000000
StopLoss,2=5.00000000
StopLoss,3=200.00000000
Slippage=3.00000000
Slippage,F=0
Slippage,1=3.00000000
Slippage,2=0.00000000
Slippage,3=0.00000000
TrailingStop=25.00000000
TrailingStop,F=1
TrailingStop,1=1.00000000
TrailingStop,2=1.00000000
TrailingStop,3=20.00000000
TrailingProfit=1
TrailingPips=2
TrailingPips,F=1
TrailingPips,1=25
TrailingPips,2=1
TrailingPips,3=40
Profit_Protection=1
ProtectAll=1
Percent_Over_Balance=10.00000000
Percent_Over_Balance,F=1
Percent_Over_Balance,1=15.00000000
Percent_Over_Balance,2=1.00000000
Percent_Over_Balance,3=30.00000000
Balance_Protection=0
 
Change settings:GBP/USD GBP/JPY EUR/JPY

Expert1==== Time Management ===
Use_Time_Mgmt=0
TradeStartHour=0
TradeStartHour,F=0
TradeStartHour,1=0
TradeStartHour,2=0
TradeStartHour,3=0
TradeStartMinutes=0
TradeStartMinutes,F=0
TradeStartMinutes,1=0
TradeStartMinutes,2=0
TradeStartMinutes,3=0
TradeEndHour=24
TradeEndHour,F=0
TradeEndHour,1=23
TradeEndHour,2=0
TradeEndHour,3=0
TradeEndMinutes=24
TradeEndMinutes,F=0
TradeEndMinutes,1=0
TradeEndMinutes,2=0
TradeEndMinutes,3=0
Expert2==== Trading Management ===
MM=1
RiskPercent=30.00000000
RiskPercent,F=0
RiskPercent,1=10.00000000
RiskPercent,2=1.00000000
RiskPercent,3=100.00000000
LotSize=0.01000000
LotSize,F=0
LotSize,1=0.10000000
LotSize,2=0.00000000
LotSize,3=0.00000000
Max_Lot_Size=50.00000000
Max_Lot_Size,F=0
Max_Lot_Size,1=100.00000000
Max_Lot_Size,2=0.00000000
Max_Lot_Size,3=0.00000000
MaxOrder=1
MaxOrder,F=0
MaxOrder,1=1
MaxOrder,2=0
MaxOrder,3=0
StopTime=0.00000000
StopTime,F=0
StopTime,1=0.00000000
StopTime,2=0.00000000
StopTime,3=0.00000000
TakeProfit=25.00000000
TakeProfit,F=1
TakeProfit,1=10.00000000
TakeProfit,2=1.00000000
TakeProfit,3=50.00000000
StopLoss=0.00000000
StopLoss,F=1
StopLoss,1=10.00000000
StopLoss,2=5.00000000
StopLoss,3=200.00000000
Slippage=3.00000000
Slippage,F=0
Slippage,1=3.00000000
Slippage,2=0.00000000
Slippage,3=0.00000000
TrailingStop=25.00000000
TrailingStop,F=1
TrailingStop,1=1.00000000
TrailingStop,2=1.00000000
TrailingStop,3=20.00000000
TrailingProfit=1
TrailingPips=2
TrailingPips,F=1
TrailingPips,1=25
TrailingPips,2=1
TrailingPips,3=40
Profit_Protection=1
ProtectAll=1
Percent_Over_Balance=10.00000000
Percent_Over_Balance,F=1
Percent_Over_Balance,1=15.00000000
Percent_Over_Balance,2=1.00000000
Percent_Over_Balance,3=30.00000000
Balance_Protection=0
Can you pls post it as a set file....
 

radicaltour

Moderator
VIP Member
here you go, indianforextrader...

FYI, the set file is nothing more than a plain text file. So you can just copy and paste things in notepad and save it with a .set extension.
 
Good results:Usd/Jpy Usd/Chf Gbp/jpy
Bad results:Eur/jpy Gbp/usd

A pair of good results and try to retest the SL50 TP25
Looking to trade, it also goes a small stop loss:rolleyes:
 

radicaltour

Moderator
VIP Member
i've backtested this EA very much and i think it can only do well if it has a big stop loss around 200 pips or more. :-(
So in a sense it's like Forex Overdrive, in which they win often but then every week you can expect a heart attack....so i've stopped demoing this EA.
 
Yes your results are from Moby Dick EA... In principe i dont like martingale EA'S
But this EA is not danger. I have some test with idea how to use this robot:
Here is the explanation: I am using I-trend indicator(RSI-filter 14) for detecting the main trend on H4 TF, so when is blue i set the robot to work only long, and when the trend is changed to red i stop all open long positions, and i set robot to work only short. We have some small loses when trend is changed, but generaly we are always in good profit.
I have tested from 2008 september till 2010 end of march. I add all profit from tester to tester so the last report is the final balance.
regards.
Hi Tino,
Sorry this is pretty late, but I just came across your post. I was wondering if you could clear up just a couple of things please, if you don't mind?
What were your settings for your Moby Dick testing, and did you let the robot trade on M15 while watching the trend on H4, or did you also let the robot trade on H4?
Thank you and all the best,
Dmitry
 
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