Just based on the idea we have in the grid EA and it was really successful, but as in the change in the market trend it was not going to be that successful.
So i decided to make changes into the the forex trend EA and make it more profitable. But note that its not exactly the grid EA, it has many new parts in strategy that are different than any other EA.
The first thing it is going to open orders in the market trend and then after it is going to manage them via its strategy.
This EA must be used on multiple pairs. You can’t use this EA on only on pair because it won’t work better when its being used on less than 3 pairs.
watch the video below to know more about this EA.
Can’t backtest this EA.
Hi Ali,
this new ‘MT4 Forex Trend EA’ is great when its in trend only but once it get stuck in wrong side , I think the key is to have the same ‘trade closure’ mechanism as your ‘Quick Money EA’.
Dear Admin. Quick Money EA needs trend filter. also it is better that the next grid opens on next trend signal.
👍
Admin why did you delete the prop firm EAs both here and on YouTube? What happened?
Can’t backtest this EA. Why?
Hi Ail
This is great EA but Please add initial lot size and maximum lot also please add maximum open trade
Hi Ail
Can please add maximum order number
Hi Ali. the increasing Lot System in Prop firm EA is a bit aggressive. would you mind add multiplier system. so we can put the multiplier to 1.2. so it increase the lot size smoothly. or any other system.
the propfirm ea with only trend side order on did not work properly in 2023. in backtest in downtrend market instead of opening sell orders it only opened buy order for almost a year without a single sell order opening which leds to blowing up the account in backtest. what happened. any manipulation???
My humble opinion is to develop one EA instead of creating lots of EAs. propfirm EA is your most capable EA. also by increasing the target, the average mechanism will not work any more so it can be used as a pure grid ea without averaging and closing losing trades. but it needs more accuracy. i think you can make the ea even more profitable with less DD.
I believe the take profit in currency is strictly linked to the lot used, is this correct?
If you use a fixed lot of 0.02, should you use double the tp in currency compared to the 0.01 lot?
***** Working good, to see how well or how it trade i used it on gold and others 4 pair by changing the gap an other setting as per gold ****
Problem
1 – In news time or high volatility it take multiple trade on same price almost 10 to 15 trades on same price point
2 – Need news setting , but in news its work great if market start moving one side any
3 – Martingale or recovery trade not working correctly, in situation like market quickly went up and then come down it open buy but target was not hit so now market is moving down
trade get stuck, not sure how you have calculated
+++ in Leave a reply session +++
can you also add the option to add the screenshot or image when we comment, also we should able to reply same comment and Edit as well any time.
we can add SL setting
in high volatility it take multiple trade on same price almost 20 to 25 trades on same price point
it happen every time,
can you make it one order per candle, or you know it better how to fix it
Honestly i like grid ea because i do not like the idea of closing losing trade. but keep them open for market reversal. and it has individual take profit system not averaging and it makes the ea very profitable. if you are using it without trend filter it will open many losing trades and you will blow your account. but if you use trend filter it will only open trades in trend direction and it is much more accurate. but it needs some development.
hi is it possible to add total profit hit x% of balance, the bot will close all trades and restart again?