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[WARNING] - Breakout Genius v4

bonnie1234

Active member
[caution]Breakout Genius v4[/caution]


I downloaded Genius from this forum and was impressed on demo so I went live...


A little time bomb seems to have been activated?


SD could you look into this code and stop it from doing it?


I have attached the offending file and I would strongly advise against using this until the root of the problem is sorted out.

I would also check the other versions for this problem...

This includes using the 24 modified ones recently upload here:

 

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  • Breakout Genius v04.mq4
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  • geniuswarning.jpg
    geniuswarning.jpg
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radicaltour

Moderator
VIP Member
looks like it tried to open a position with 520 lots!
This EA trades on GU M15.
I'm glad bonnie had given this alert to us all.
 
Thats spooky! Personally I like fixed lots and increase my lot size with every $100 earned. If you set the risk to "0" it will obey your fixed lot size. I like this EA but backtesting for 2010 with V4 is not great, breaks even at best.
 

bonnie1234

Active member
Can you describe what happened and when? Also, what chart and TF?

All I can say is I woke up to it so unsure...

Even with the risk set to 3 and 0.01 lots it should not calculate 500+ lots (although impossible to trade with brokers) but who is to say that it will not do sporadic mathematical lots when it chooses?

Also I had it running on demo at the same time and the demo version with same parameters and it acted normally? Maybe the problem arises when put onto a live account?
 

Merlin

Member
I'm pretty sure I read somewhere that he had updated to 4a, because of a bug fix. Maybe this was the bug?
Anyway we need to track down 4a.
 

stovedude

Active member
It doesn't have any code to check for demo or real. I think it must have had a hiccup from your broker or platform in some way.
 

sds2010

Member
Here it is

Code:
[url=http://www.4shared.com/get/9uUyBbCq/Breakout_Genius_v04.html]Breakout Genius v04.ex4 - 4shared.com - online file sharing and storage - download[/url]
 
anyone else having problems with this EA?


HI I've done optimizations for that ea, the problems i saw where two: all the orders execute at same minute at day (depend ur optimization) and that's make me wonder if the entrance is a "good entrance" , and the other problem is the average winners loosers, like 1-5 1-7.It's seems imcomprensible for a Breakout strategy.
Anyway i optimize others Breakout eas and seems to have the same ratios.Any experience about that? It's usual that ratios in Breakout strategy?
 

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