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bunglungchingdong · #21 (**permalink**) 06-06-2007, 12:00 AM

BLuto makes heaps of EA's and Indicators as I read this isnt his latest profitable one.
I just chucked it on H1 euro live it opened a buy and closed it 10 secs later lost .01 cents.

buangcla · #22 (**permalink**) 06-06-2007, 06:02 AM

Quote:

Originally Posted by bunglungchingdong

BLuto makes heaps of EA's and Indicators as I read this isnt his latest profitable one.
I just chucked it on H1 euro live it opened a buy and closed it 10 secs later lost .01 cents.

so the ea closed your trade after 10 seconds? i think the ea is in a hurry..

buangcla · #23 (**permalink**) 06-06-2007, 06:06 AM

The EA hasn't open any trades yet as of now... maybe it's still waiting. bossxero how many trades does this EA do in a month?

bunglungchingdong · #24 (**permalink**) 06-06-2007, 08:03 AM

Yeh same here I had it on since my last post it only opened the one then closed it 10 secs later.I doubt this works properly you cant even see the source code you dont even know what custom indicators it needs and has no documentation on how to use it.
Honestly wouldnt bother with this.

bossxero · #25 (**permalink**) 06-06-2007, 08:29 PM

I really have no idea about its behaviour on live charts. But on backtest, it opened one or 2 trades per week, not much. You can check the number of trades taken by the EA from Jan to May 07 in the statement I attached to the first post.

I posted this EA because I saw it was doing well on backtest, since i got not time for further testing, this is the reason why I put it here bcause I know there would be guys willing to mess with it.

All the best.

Quote:

Originally Posted by buangcla

The EA hasn't open any trades yet as of now... maybe it's still waiting. bossxero how many trades does this EA do in a month?

goldstock · #26 (**permalink**) 06-07-2007, 05:43 AM

this EA is run on daily charts and uses parabolic sar for exit.
It is orginally based on the R/2 R/3 or R/4 systems.
Sort of like if rsiXX is lower than the previous day
next if the next day is lower than then last two days
and finally on the third day ,if the rsi is lower than the last 2 then BUY.
That is just the basic theory .
Goldstock

buangcla · #27 (**permalink**) 06-07-2007, 06:14 AM

Quote:

Originally Posted by bossxero

I really have no idea about its behaviour on live charts. But on backtest, it opened one or 2 trades per week, not much. You can check the number of trades taken by the EA from Jan to May 07 in the statement I attached to the first post.

I posted this EA because I saw it was doing well on backtest, since i got not time for further testing, this is the reason why I put it here bcause I know there would be guys willing to mess with it.

All the best.

2 trades per week, thats quite a lot but i'll continue forward testing this one.

Stay tuned for the updates.

buangcla · #28 (**permalink**) 06-08-2007, 05:52 AM

The EA has finally awaken yesterday and places a trade on usd/jpy. AS of now it is still in a floating loss situation. Stay tuned for the next episode on this EA.

buangcla · #29 (**permalink**) 06-08-2007, 10:29 AM

Welcome back everyone. After almost 6 hours of floating loss, the EA finally reached green status. Right at this moment it has reached up to 30 pips and still climbing. This is a good news for bossxero.

Happy trading everyone Have a nice weekend.

here is the result as of now. Pretty neat gain.