Profitable EA theofx.ex4

[Finserv]

I have tested and re-written the EA with spreads and re-coded. I tested it a while ago and experienced losses. I am testing the EA again on a VPS with 4,27 milliseconds and only on Eurusd. The EA will make losses. its designed to make losses, but wait for the right market conditions and then it double and quadruppels the account. It works on a real account, but I win and loose. Spreads is the enemy. How the EA works. As I understand the EA. The pipstep is the trigger. It acts like a kind of a speedometer. If its on 10 it means that if it moves 10pips in a short period of time it starts opening up. The ea was written in 2003 or something. One of the first EAs, it opens multiple trades and then trails it immediately. I dont know if the market conditions is fast enough for the EA to work. I still love the EA. I will ad the new version I re-coded.

Do backtesting on every broker, but try and get backtesting of 99.90% quality. I dont know how.

My current settings TP100 SL 6 Pipstep 8 Trail 5 time to wait 9. The higher the Pipstep the more stable, but also makes less trades in the long run. I decided to test it now, because of all the Interest rate changes.

 

[Finserv]

just another scam EA. The spread have to be 0 to make the trail stop

Not a scam EA. One of the master pieces that was written in the early 2000. The Idea was great.

 

[Finserv]

EA traded 131 to 225 in one vtrade today on my one account. And made 2dollars on my other.

 

[Finserv]

you can sometimes wait for weeks to get the right conditions.

 

[WhyFX]

I have tested and re-written the EA with spreads and re-coded. I tested it a while ago and experienced losses. I am testing the EA again on a VPS with 4,27 milliseconds and only on Eurusd. The EA will make losses. its designed to make losses, but wait for the right market conditions and then it double and quadruppels the account. It works on a real account, but I win and loose. Spreads is the enemy. How the EA works. As I understand the EA. The pipstep is the trigger. It acts like a kind of a speedometer. If its on 10 it means that if it moves 10pips in a short period of time it starts opening up. The ea was written in 2003 or something. One of the first EAs, it opens multiple trades and then trails it immediately. I dont know if the market conditions is fast enough for the EA to work. I still love the EA. I will ad the new version I re-coded.

As the main problem seems to be that the EA needs some precise conditions. Is there anyway to filter it so that it only trades when there are right conditions?

 

[WhyFX]

Maybe you can help this guy https://www.forexforum.co/threads/theofx-works-help-me-please.7653/

 

[WhyFX]

you can sometimes wait for weeks to get the right conditions.

It is better to wait for the right conditions and get nice profit. Though, there should be a way to code the filter for market conditions.

 

[chidiebere]

thank you very much for sharing this expert advisor .this is for currncy pairs right?

 

[atlas9]

hi, it looks interesting, thanks for sharing, nice day

 

[davidgoure]

thank you for sharing your message, in this forum we are ready to help each other because we are a family

 

[Only1]

I have tested and re-written the EA with spreads and re-coded. I tested it a while ago and experienced losses. I am testing the EA again on a VPS with 4,27 milliseconds and only on Eurusd. The EA will make losses. its designed to make losses, but wait for the right market conditions and then it double and quadruppels the account. It works on a real account, but I win and loose. Spreads is the enemy. How the EA works. As I understand the EA. The pipstep is the trigger. It acts like a kind of a speedometer. If its on 10 it means that if it moves 10pips in a short period of time it starts opening up. The ea was written in 2003 or something. One of the first EAs, it opens multiple trades and then trails it immediately. I dont know if the market conditions is fast enough for the EA to work. I still love the EA. I will ad the new version I re-coded.

hi thanks, do you have the latest version already?

 

[Phelyxrekt]

Maybe you can add some conditions to the EA, such as low slippage, low latency, etc. Maybe then the EA will win almost always.

 

[Only1]

I have tested and re-written the EA with spreads and re-coded. I tested it a while ago and experienced losses. I am testing the EA again on a VPS with 4,27 milliseconds and only on Eurusd. The EA will make losses. its designed to make losses, but wait for the right market conditions and then it double and quadruppels the account. It works on a real account, but I win and loose. Spreads is the enemy. How the EA works. As I understand the EA. The pipstep is the trigger. It acts like a kind of a speedometer. If its on 10 it means that if it moves 10pips in a short period of time it starts opening up. The ea was written in 2003 or something. One of the first EAs, it opens multiple trades and then trails it immediately. I dont know if the market conditions is fast enough for the EA to work. I still love the EA. I will ad the new version I re-coded.

i possible can have the editable file? thanks

 

[Blender]

Hi, I have a good EA, I want to modify some parameters, and I need help for coding. When I put it on the chart, it print info in indonesian language, and I want to translate it in english. Then I want to add the "MaxSpread" parameter, that it take trades only if the spread is less of the max sperad.
It works good in M15 EURUSD and USDJPY.

thanks for sharing. I make a testing

 

[yutredo]

Thanks for sharing i will give it a try

 

[decma0105]

Thanks for sharing. I will check the file to see if it can be decompiled

 

[sergioo]

Hi, I have a good EA, I want to modify some parameters, and I need help for coding. When I put it on the chart, it print info in indonesian language, and I want to translate it in english. Then I want to add the "MaxSpread" parameter, that it take trades only if the spread is less of the max sperad.
It works good in M15 EURUSD and USDJPY.

thanks man , ill try it on demo see how its work

 

[wxwpro]

i can help you, but i need mq4 code for editing. do you need a fix?

 

[KIROW]

Thanks for sharing. Can you send some screenshots of usage and results? Please

 

[tolidimasis]

have someone try this ea on real account ? i just see this ea from here