Stead EA for EURUSD

This EA is got from Chinese guy. The EA just has one input parameter, which is just used for protect your account money, for example if you set 1000 meant that if the account money is below that setting will stop tradding.

I don't have the MQL files, if someone can complize the EX file please upload for us. Thank you , below contain the EA and test report , enjoy it!!

This EA just on TF H1.

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jmarfan

Member
Different
Freeze when to be shut down in order to restart the MT4
Occasionally freeze in other operation:(


2015.04.30 11:14:26.340 Stead EA for EURUSD-V6.0 EURUSD,H1: shutdown by timeout
 

yangsail

Member
I know the author of this EA. It's used to be the best EA I had ever seen. It makes very few orders but almost each order closed with profit. But I remember the author only release the EA with time limits (usually for a calender month). There was a free signal published by author using this EA and the amount continually increased about 2-5% per month for four years. Amazing! I just searched it and found the author had already delete the signal.

Last year I used it for a short period but unluckily, it didn't perform good during that period so I gave up. I don't know how it performs now.
 

Merlin

Member
Still will have a few very bad periods. Then slow recovery until the next one.
We don't know how many open trades it can have, because extern variables are closed.
 

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yangsail

Member
Still will have a few very bad periods. Then slow recovery until the next one.
We don't know how many open trades it can have, because extern variables are closed.
When I used this EA last year, I remember it can only put 3 maximum orders
 

yangsail

Member
Maybe someone knows what font to add?
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The message shows:

This EA is offered by XXXXXXX

When account balance >5000000, ea will close all the orders to protect your account
When account balance <0, ea will close all the orders to protect your account

Account balance protection: when the account balance < your set value, ea will close all the orders to protect your account

Warning: when using this ea, you must clear your account. Forbid mixing with other EAs or manually trading

Instruction: Open EURUSD H1 chart, attach this ea on the chart

Risk: This is a low risk ea. The maximum drawdown can be controlled around 23%

Profit Expectation: Annual profit is around 150%, you need to be patient to wait it opens an order.

Backtest: It passes 10-year history backtest. The compound profit is amazing and stable

Suitable platform: It needs a 5-digital broker with medium spread. Please test some brokers to find the most suitable one

Suggestion: Please test this EA using DEMO account. When it can make profit, use copier to copy the orders in your real account
 

sab1201

Member
You must be registered for see images attach


The message shows:

This EA is offered by XXXXXXX

When account balance >5000000, ea will close all the orders to protect your account
When account balance <0, ea will close all the orders to protect your account

Account balance protection: when the account balance < your set value, ea will close all the orders to protect your account

Warning: when using this ea, you must clear your account. Forbid mixing with other EAs or manually trading

Instruction: Open EURUSD H1 chart, attach this ea on the chart

Risk: This is a low risk ea. The maximum drawdown can be controlled around 23%

Profit Expectation: Annual profit is around 150%, you need to be patient to wait it opens an order.

Backtest: It passes 10-year history backtest. The compound profit is amazing and stable

Suitable platform: It needs a 5-digital broker with medium spread. Please test some brokers to find the most suitable one

Suggestion: Please test this EA using DEMO account. When it can make profit, use copier to copy the orders in your real account

Maybe you know the name of the font that I could download and install?
 

Attachments

tiapan99

Active member
Maybe you know the name of the font that I could download and install?
I think it is a Simplified or Traditional Chinese font, depend it is from Main Land China or HongKong or Taiwan. You can change your MT4 to Chinese and may be it will show.
 

sab1201

Member
I think it is a Simplified or Traditional Chinese font, depend it is from Main Land China or HongKong or Taiwan. You can change your MT4 to Chinese and may be it will show.
MT4 tried different languages, the problem remained. I worked one deal +

You can follow any responses to copy your fonts and put on the exchanger?
 

Jason Kwok

Active member
MT4 tried different languages, the problem remained. I worked one deal +

You can follow any responses to copy your fonts and put on the exchanger?
I could see the Chinese fonts on my MT4, not using any of the language provided by MT4.

My desktop is installed with Windows 7 Professional. In the Control Panel, Region and Language, Administrative, Language for non-Unicode programs, I set the Locale to Chinese Simplified (PRC).

You may want to try it out.

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maximo

Member
The backtest shows it can have upto 4 orders open. They close if drawdown gets to 16% of account.
I would think it probably did not go so well these past few months on the Euro downtrend, needs retest.

1301 2012.10.01 09:59 s/l 375 5.21 1.28952 1.28952 1.28472 -3777.25 66581.84
1302 2012.10.01 09:59 s/l 376 5.21 1.28952 1.28952 1.28472 -2995.75 63586.09
1303 2012.10.01 09:59 s/l 377 5.21 1.28952 1.28952 1.28472 -2198.62 61387.47
1304 2012.10.01 09:59 s/l 378 5.21 1.28952 1.28952 1.28472 -1406.70 59980.77
 

fxolive

Member
But overall the 90% backtest is good with the growth this EA gives considering the RR. It would be great if someone confirms whether this EA makes trades in Real or Demo.

Regards,
Paul.

The backtest shows it can have upto 4 orders open. They close if drawdown gets to 16% of account.
I would think it probably did not go so well these past few months on the Euro downtrend, needs retest.

1301 2012.10.01 09:59 s/l 375 5.21 1.28952 1.28952 1.28472 -3777.25 66581.84
1302 2012.10.01 09:59 s/l 376 5.21 1.28952 1.28952 1.28472 -2995.75 63586.09
1303 2012.10.01 09:59 s/l 377 5.21 1.28952 1.28952 1.28472 -2198.62 61387.47
1304 2012.10.01 09:59 s/l 378 5.21 1.28952 1.28952 1.28472 -1406.70 59980.77
 

gigabrainy

Member
The backtest shows it can have upto 4 orders open. They close if drawdown gets to 16% of account.
I would think it probably did not go so well these past few months on the Euro downtrend, needs retest.

1301 2012.10.01 09:59 s/l 375 5.21 1.28952 1.28952 1.28472 -3777.25 66581.84
1302 2012.10.01 09:59 s/l 376 5.21 1.28952 1.28952 1.28472 -2995.75 63586.09
1303 2012.10.01 09:59 s/l 377 5.21 1.28952 1.28952 1.28472 -2198.62 61387.47
1304 2012.10.01 09:59 s/l 378 5.21 1.28952 1.28952 1.28472 -1406.70 59980.77
Trades you wrote about are october 2012...!!! So it's not about recent Euro downtrend.
From January 2013 until end of March 2015 my BT 99% shows very very good results.
 

tgarzon

New member
From 2008 to 2013, BT 99% is bad. DD=83.61 % Looks like the EA can't handle bullish market.

Here is the file:
 

jmarfan

Member
And I can say to other EA I think there is a valid period (due to a change in the market).
How and long-term stable BT result can become unusable after a few months even in the EA Dell then it has enough
We should have to experience again and again.
So, it does not may be good even if the EA if not for a while use cause a large DD at a time?
 
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