Best posts made by roar

@nandu here's your strat. Its not going to make you millionaire

The problem is, you have chosen a very long and stable down trend as your example - literally ANY selling strategy makes money in that situation. In reality, the market isnt always trending so nicely.

https://fxdreema.com/shared/hVZSGCXje

If someone wants to draw a line simply by pressing control and clicking with mouse, apparently this is the way to do it.

Currently EA still has some problems detecting continuous key press, so some fast draws are not recognized, not sure why..

https://fxdreema.com/shared/5MQJXkssb

Edit: Found a more optimal way to do it, here's whole project https://fxdreema.com/shared/Nljbbatub

Update 29.8.2023: Refactored the EA to work on modern hedging method mt5 accounts. Also simplified the strategy to what matters the most (theres lots of useless/low impact stuff in original version), in essence the strategy is this:

• Build long/short positions with RSI
  - When above 70, sell
  - When below 30, buy
  - Before selling/buying another time, wait for the RSI to visit level 50. This discourages trading against strong trends.
• There must be a mechanism that favors closing the positions rather than letting long/short position grow bigger and bigger
  - Only allow the position to grow if price is above daily median (buy) or below median (sell)
  - Trades that shrink the total position don't have that rule, so positions naturally stay small
• Lastly, limit the trading actions to more volatile half of the day by comparing fast and slow ATR values

The reduced strategy is not quite as profitable as the original one, but still clearly on the black after 6700 trades. Feel free to add your ideas to this.

https://fxdreema.com/shared/rCGHpDKod

Hi!
Creating another comment block will not work, because then the comments will just overlap.
You need to update the existing comment. This needs a text variable:

Creating the variable:

Now you can just comment the "status" variable, and you will see whatever is stored inside it.
https://fxdreema.com/shared/DSbRDedY

@ambrogio lol
Well, he created the software 10 years ago, its understandable if he doesn't want to be on the forum all day anymore. Especially when most of the questions can be answered with the detailed instructions he has already written long time ago
https://fxdreema.com/instructions

Here's the project: https://fxdreema.com/shared/YtCrSX5qb

This only works on mt5 with netting accounting.
I will not convert this to mt4, or even mt5 with hedging accounting, because:

• I'm feeling lazy
• I really recommend you to use mt5 with netting. Very often someone asks here in forum to calculate average entry, or close buys and sells together. Netting account does this automatically -> your EA developing is much more simple, multiplying your chances of success.

I'll continue to add some filters or otherwise fine-tune this system, may inform here or not.

@moon
Use a variable to store the previous balance:
https://fxdreema.com/shared/LmbanX11b

Tick data can be expected to take 10x more time...
Fxdreema projects are inherently slower, but there are some performance optimization you can do:

• move the "once per bar" to the top of your flow
• dont use the yellow (false) output of the "once per bar" I think its just a mistake in your project
• "close positions" block is known to cause infinite loops, see here: https://fxdreema.com/forum/topic/16494/close-positions-when-market-is-closed

I was suspecting that my EA is not fully symmetric - for some reason it took way more sell trades. To make sure the difference is not simply because of market conditions, I wanted to make an EURUSD pair that is a mirror of itself. If my EA was actually symmetric, now there should be more buy trades.

Well, here's how to do a mirrored EURUSD. First open your symbols menu (ctrl + u) and then hit "Create Custom Symbol".

Then:

Connect like this:

https://fxdreema.com/shared/oRPyrJOBd

News filters dont make much sense to me, for a couple reasons:

• Some times the biggest news will come out of the blue, not in any calendar
• Very often the "high impact" news dont cause much impact at all, except NFP and FOMC
• You cannot backtest with news filter, so developing a good EA becomes impossible
• Using a simple volatility filter gives some of the benefits of a news filter, and you can backtest it

@bardiamsa its EURUSD 5 minute. Read the posts for more info, especially about account type

@andy10e6
Perhaps you just made a mistake in some setting.. Here's a simple setup:
https://fxdreema.com/shared/9eXGa602c

Impressive work, that takes a lot of dedication.

But I can't help myself saying, with some custom code knowledge you can do this in 5-10 blocks max

https://fxdreema.com/shared/UScVXvclc

Hmm, I am getting trades with that exact system:

@seb-0 I agree, I've thought about this effect many times myself... In essence, if your TP (or trailing SL) triggers at such a price point where the tester doesnt have data, you get extra profit all the way to the nearest available price point.

The effect is negligible if you trade big timeframes, or check your triggers on candle close only (in this case "open prices only" testing mode is perfectly fine to use), but it will cause serious problems when you make your trading actions on every tick and small scale, especially with trailing stop.

Naturally, 99% of those glorious mql5.com Market EAs abuse the heck out of this.

Useful stuff. Can be also done with the Math functions: https://fxdreema.com/shared/8uD2zZgpe

Actually, I think the issue is a bit more nuanced than simply taking the closest available data point. Lets say the SL and TP are both inside the H and L of a history candle. Now the tester has to decide, did the trade hit TP before it hit SL, because they both were possible with certain intra-candle movement patterns. Now, I think the tester favors the profitable side there as well - it always acts like TP was hit before SL.