Framework

[Enivid]

Originally Posted by smallpip

1. I want to test it further. Where can I get quality historical data for MT4. I tried Alpari history center download. Somehow it does not seem to work and EA stops in the middle.

Try getting CSV data from http://www.dukascopy.com/freeApplets/exp/.

2. Currently the settings in code are Lots=0.1 and TP=255. I am assuming these are good for a $10K account. However since I am just starting new, I opened a mini account with $700. This is just for testing. If the EA is profitable then I plan to upgrade the account. Can I run this EA with Lots=0.01 and TP=25 (one tenth of the original settings)?[/QUOTE]

You should just reduce Lots to 0.01 and don't touch the TP. But your broker needs to support 0.01 lot trading.

Originally Posted by smallpip

When I test on H1 for 2010, it stops after some time. In my earlier run it did not stop and completed the whole year. Can someone please help.

That means that the EA lost all the balance. You've probably altered some settings or increased the lot size.

[smallpip]

Hi Enivid,

Thanks fro the reply. I did not make any change to the code. I unsitalled my MT4, and installed in a new folder. Then I downloaded M1 Data from Aplari using History Center. I downloaded framework EA again from this site and tested on H1. But same thing happens. In journals it says:
2011.02.28 20:01:49 2010.01.14 13:11 framework: stopped because of Stop Out
2011.02.28 20:01:49 2010.01.14 13:11 framework EURUSD,H1: -----NO MONEY

Curiously I tested it day before yesterday, and it finished the test for 2010. But now it does not. It does not finish the test for any year.

1.Can you please test it on your end for H1 EURUSD.
2.Is there a way we can put a limit on number of orders it pyramids when trending.
3.If it is running on a live account and it says No Money, what will happen? Will it close all the orders at a loss? or it will just stop taking new orders?

My guess is that it uses up all equity and if the order pyramid goes into loss, the tester just stops the testing. Is there a way to confirm this.

I really like this EA. Seems like it can be profitable in any market conditions. - What do you think?

[smallpip]

I am testing at 90% modeling quality. I can upload my 2010 report also it that helps.

[Enivid]

Originally Posted by smallpip

I did not make any change to the code. I unsitalled my MT4, and installed in a new folder. Then I downloaded M1 Data from Aplari using History Center. I downloaded framework EA again from this site and tested on H1. But same thing happens. In journals it says:
2011.02.28 20:01:49 2010.01.14 13:11 framework: stopped because of Stop Out
2011.02.28 20:01:49 2010.01.14 13:11 framework EURUSD,H1: -----NO MONEY

Did you change the input parameters (for example, Lots)? Because when I test it on EURUSD H1 on 2010 I get $4,566.07 net loss but not the stop out.

Originally Posted by smallpip

2.Is there a way we can put a limit on number of orders it pyramids when trending.

Increasing the Interval input parameter reduces the amount of orders it opens.

Originally Posted by smallpip

3.If it is running on a live account and it says No Money, what will happen? Will it close all the orders at a loss? or it will just stop taking new orders?

It just won't open any new orders but your existing ones will probably be closed by the broker due to margin call.

Originally Posted by smallpip

My guess is that it uses up all equity and if the order pyramid goes into loss, the tester just stops the testing. Is there a way to confirm this.

You can see the equity curve on the test Graph tab and also the details about each order in the Results tab.

[smallpip]

Hi Enivid,

I figured out the problem. The problem lies with pyramid. It takes too many orders and the AccountFreeMargin becomes zero. Hence it is stopped out. I got it to work for 2010 H1 by adding following condition:

extern int OrdersToTake = 10;
extern double MinAccountFreeMargin = 5000;

....

if (itv >= Interval && AccountFreeMargin() > MinAccountFreeMargin)

it worked for 2010 and gave me 80K profit for 2010 on H1.

I tried to test it for 2009 but it again got stopped out.

The issue is that it does not have money management built into it. It keeps taking the orders with every new bar until free margin runs out.

Can you please build money management into so that it does not take more than 1 or 2% of account balance as risk.

Basically, based on the SL and %age of risk, it should calculate lot size.

[Enivid]

Originally Posted by smallpip

Can you please build money management into so that it does not take more than 1 or 2% of account balance as risk.

Basically, based on the SL and %age of risk, it should calculate lot size.

This EA wasn't created by me, so I am not very interested in developing it further. But on the other hand you could add such code and share with the rest of us.

[smallpip]

Oh,
I thought since you are admin of this forum, and I assume you are also owner of this site, it was developed by you.

I have made some changes to it and back tested till 2003. It does not stop out now, and gives roughly 5K profit for 10K account most years.

Can you please point me to the developer of framework?

[Enivid]

It was developed by Ron Thompson from http://www.forexmt4.com/.