Otkat

robbi

Active Trader
Aug 10, 2009
7
0
32
a little backtest-result

this funny EA interested me, because this EA opens a trade only in the first 3 minutes of a day, and not on mondays or fridays.

with EURUSD 5 Minutes Chart I made a backtest 2006/08/17-2009/08/17.
(results have modelquality 90%)

in these three years this EA made 89 trades (80 win trades, 9 loss trades)

it was set on default with takeprofit 8 pips, stoploss 51 pips, and at the end of each day an open trade was closed automatically by this EA, if takeprofit or stoploss didnt happened.

with a 10.000Dollar accout and 0.1 Lot fixed trading size (no money management in this EA) there is a profit of 250 Dollars after these 3 years (710 Dollars profits and 460 Dollars losses), but this profit is a result of the last 9 months only. In the first 2 years profits and losses are almost the same.

maximum drawdown: 164 Dollar or 1.6% (remember I used 0.1 lot at 10.000 Dollar account, with 1 Lot it would have been 1640 Dollar or 16%)

average number of win trades after each other: 8
maximum number of win trades after each other: 22
maximum number of loss trades after each other: 1
(interesting for moneymanagement)

My personal result: Its a really funny EA for people who need an EA which does his entry in the market in 3 minutes a day from tuesday to thursday, if conditions are good.

The work of this EA could be done manual too.
 

emari2

Trader
May 2, 2012
3
0
12
Otkar expert advisor do not work in MT5

I downloaded the advisor. Compile it in MT5 I got these errors.
Variable cnt, ticket, total not used
'ORDER_FILLING_CANCEL' undeclared identifier.

I change int cnt=0 int ticket=0 and int total=0 and the no error now but I do not know which value has to be given to 'ORDER_FILLING_CANCEL' and similars
Regards
 

emari2

Trader
May 2, 2012
3
0
12
Fine!

I am glad I could helped you on that. I installed it right now over Instatrader 5 on a new H1 window. I only have the basic created screen. Is it necessary to install any other indicator?. What If I use my configured window for manual trade ?. I supose that I will see results after next week.
Regards
 

emari2

Trader
May 2, 2012
3
0
12
server time for an EA

Can anyone tell me which is the server-GMT difference for the otkat EA in a Forex Club LLX Metatrader 4?. I got for example: GMT 1158 and Server Time 2058 which makes a 9 hours difference.is it -9, -8 or- 7 the parameter to enter?. Regards.
 

ElectricSavant

Active Trader
Dec 8, 2010
41
0
27
Have any of you reduced the TP as suggested? I am trying 4 pips in Oanda and waiting to see if there is an ordersend error...this may take a while as this EA does not trade often...so I was just curious if there are any replies before I fond out ☺

I use a 1K account and can tolerate up to a 30% DD. So I bumped up the lot size to 0.02 from the default of 0.01....(in oanda that is 20 cents a pip on a 1:50 leverage).

ES
 
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dcmb

Trader
Jul 6, 2012
2
0
12
Hi,

I kept getting the error when I run in Strategy Tester:

"22:36:56 Cannot open file 'C:\Program Files\FXDD Malta - MetaTrader 4\experts\Otkat.ex4' on the ,"

Before this I was running the AUDJPY Wednesday EA and it completed fine.

When I click open chart it open up the AUDJPY chart also I've selected EURUSD.

Is there some sort of cache or "memory" that I need to clear before running a new EA?

Thanks.
 

ElectricSavant

Active Trader
Dec 8, 2010
41
0
27
apparantly I need 8 pips....but that is what demo's are for...I thought Oanda's MT4 had rules that was less than 8 pips distance....hmmmm....


Have any of you reduced the TP as suggested? I am trying 4 pips in Oanda and waiting to see if there is an ordersend error...this may take a while as this EA does not trade often...so I was just curious if there are any replies before I fond out ☺

I use a 1K account and can tolerate up to a 30% DD. So I bumped up the lot size to 0.02 from the default of 0.01....(in oanda that is 20 cents a pip on a 1:50 leverage).

ES
 
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ElectricSavant

Active Trader
Dec 8, 2010
41
0
27
Nice EA, thus far.

Can we get the triangle and the dotted line painted on the screen when the trade closes?

ES
 
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