Australian (ASX) Stock Market Forum

Forex MegaDroid EA - streaming live forward tests

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one conservative trade fired. closed at 1 pip profit. market went on to present more pips, but oh well.
 
only one person took me up on my offer earlier in the thread.:pirate:

others run with the .dll though. just switched off the account confirmation coming back from the dll to the ea.

if they want to spam the forum, why not burn em back.:rocketwho

i think that megadroid pirate copy will be taken down by the forum though - or else pipbuster will organise a nice legal letter to the admins.

its worth having the time unlocked, to select when it is to trade. slightly expanding the timeframe for trades using conservative settings as a result of tests.

run default settings on one chart.

run false agressive mode + gmt one hour less then default + risk at 1/3rd of default account.

that should add quite a safe extra little kick to the account.
 
I’ve just installed this – I’m running on default settings, and it hasn’t taken any trades yet.

In an earlier mail, Stormin_Norman said that it only trades in a 2 hour period between the US market close and asian open – NY close is 5PM EST, so this would be 7am – 9am SYD. I had a problem with the DLL (error 126), so it has only been running since mid-morning – I guess I missed the window today.

From some of the public MT4stats pages, I see it last took a trade on 8-May, so it is infrequent, anyway.
 
ive pulled the whole thing apart, and have added a volatility limitation to it. trying it now on 24 hour trading - see how it goes.

then i might see if it works on other currencies.
 
do any EA's actually work over a period of time without blowing up?
So far all the ones i've seen have blown up

Stormin how is yours going at the moment?
 
I ran the unofficial copy no trades in 3-4 weeks.

I see our mate has disappeared into the night, that normally says it's in the fail basket.
 
PIPBUSTER

where are u?

WHAT'S HAPPENING TO THE FOREX MEGA DROID?

ARE U ON A TROPICAL BEACH WITH IT ON AUTO PILOT???

PLEASE UPDATE US...... I WANT TO PUMP MY RETIREMENT INTO THIS :banghead:
 
thatd be a demo. so the liquidity pool is unlimited for him.

otherwise, you might have some troubles. given mine isnt the original MD but a modified clone; its trading in its own spot, slightly away from the mad scamble for liquidity at 8.30am on the eurofranc.
 
Stormin_Norman said:
ive pulled the whole thing apart, and have added a volatility limitation to it. trying it now on 24 hour trading - see how it goes.

then i might see if it works on other currencies.
Click to expand...

This guy (Benjamin R. Cook) at droidtactics.com has written an e-book explaining how to put the droid on steroids (i think that rhymes :) )
 
nickdp said:
This guy (Benjamin R. Cook) at droidtactics.com has written an e-book explaining how to put the droid on steroids (i think that rhymes :) )
Click to expand...

its just using the GMT setting to extend its hours. MD trades in 2 hour blocks. so having GMT as -2, 0, 2, 4, 6 etc sees its trading time extended. for each instance aggressiveness and recovery settings can be set to optimise results.

there. no need to buy the book now.
 
Stormin_Norman said:
ive pulled the whole thing apart, and have added a volatility limitation to it
Click to expand...

I've just managed to pull it apart too.

Would you have a diff output by any chance? ;)

That is purely legal I should say since it is your code.

Unless the volatility code is your proprietary code. Then can you PM it to me please? :)

Thanks anyway for sharing your experiences.
 
Which broker are you guys using for Megadroid? GoMarkets doesn't have a good enough spread on the EUR/USD for it to work (constantly above 4 pips during the night).
 
Hay Mind

if your having 4pip+ on a live account during the night ie euro/us trading session then you might want to contact Go.

During the day currently that spread is on the high side still.
 
Stormin_Norman said:
all of the above.

it took quite a long time to get to the stage where i could take it live. probably 6 weeks to a couple of months worth of work. 150 hours or so?

i think last week the official one lost about -2.75%. the reworked version made me about +13% or so; which probably also shows the difference in them.
Click to expand...

Hi Norm,

Didnt realise the megadroid had its own thread so added your last comment here.. was your testing based on manually changing the inbuilt settings cf to the default settings. Or have you made changes to the actual underlying code ... if so how are you accessing the code?

From reading comments posted elsewhere and reviewing a number of live/demo accounts it appears to be scalping the Eur/USD across a 2 hour window for 10-15 pips at a time. Yet giving back (infrequently admittidly) 30-90 pips when it loses.

e.g., http://jacobalpari.mt4stats.com/

Which when you think about it ...is completely opposite to the adage of "letting your profits run/cutting your loses short".

Have you found a way to limit the loses when they do occur?

sleepy :)
 
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