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Robots?

This is a discussion on Robots? within the Baby Pips forums, part of the Forex Discussion Area category; wow the gold and oil trading systems seem very promising, would have loved to have found those 6 months ago.... ...






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Old 04-06-2009, 02:19 AM
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wow the gold and oil trading systems seem very promising, would have loved to have found those 6 months ago.... this makes me ask the question why do people not flock to these systems....are we really that lazy? iv just been trying to find something that works, robot or not. whatever the reasons may be i think i might just enjoy telling my kids im one of those guys everybody hates because he got in the oil biz and got rich
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Old 06-29-2009, 10:52 PM
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Hello all, this is the closest thread I could find for the question I have. Sorry for the simple question but.


I have read a good deal of the posts about the EA's being offered here..and I have down loaded some of them.

The question/problem I am having is...they are Grey. How do I "activate" them?

thank you in advance.

J
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Old 06-29-2009, 11:03 PM
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Hello,
I'm also trying out some EAs on Mt4, and they are all grey. And that is normal.
So, just open a chart and drag an EA onto it. You should then start get some trades....
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Old 06-29-2009, 11:11 PM
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Quote:
Originally Posted by gnisten View Post
Hello,
I'm also trying out some EAs on Mt4, and they are all grey. And that is normal.
So, just open a chart and drag an EA onto it. You should then start get some trades....
Thank you very much for the fast reply to my problem.

I was hoping to be able to do some back testing of these EA's but as of yet when I try I get no results...(as in the back testing is done but no data is posted anywhere) so I assumed I had set up the EA incorrectly.
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Old 06-30-2009, 04:20 AM
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This link may be of assistance:

Verb Guide to EA Optimization!
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Old 06-30-2009, 09:32 AM
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Thank you Alan for pointing me to that link...I read it last night but must have been tired because today it did work out...better. Not perfect yet but i will continue to work with this

J
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Old 06-30-2009, 01:47 PM
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Quote:
Originally Posted by jsme View Post
Thank you Alan for pointing me to that link...I read it last night but must have been tired because today it did work out...better. Not perfect yet but i will continue to work with this

J
No problem. Glad to help out. Don't forget to aim for 90% modeling quality when backtesting.

P.S This won't work on the M1 time frame. On it the best you can get is 25% modeling quality.
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Old 06-21-2010, 07:27 AM
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Recommend you to install Rita Lasker's free forex robot. Search for it in google. They say, no special skills are needed for using it and it is very effective.
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Old 06-21-2010, 11:55 PM
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Quote:
Originally Posted by lindascott27 View Post
Recommend you to install Rita Lasker's free forex robot. Search for it in google. They say, no special skills are needed for using it and it is very effective.


I have some doubts about this forex robot you mention. Here are a few samples of what others say about it.

"positiveday 2010.06.14 01:39

Hi, that robots it's only a joke.
It's only a fishing for email address.

After that it's copyrighted from :

#property copyright "Copyright © 2009, EarnForex.com"
#property link "http://www.earnforex.com"

It's a loss machine, randomly it send orders without error 130 or 138, the equity line is terrible.

It try to open orders with stupid open price, buy or sell doesn't matter, the open price is the same.


l_price_44 = Open[0];

l_ticket_4 = OrderSend(Symbol(), OP_BUY, Lots, l_price_44, 10, l_price_44 - StopLoss * g_point_128, l_price_44 + (TakeProfit + 3.0) * g_point_128, "73_Sys", 16384, 0, LawnGreen);

and for sell the price is the same :

l_ticket_4 = OrderSend(Symbol(), OP_SELL, Lots, l_price_44, 10, l_price_44 + StopLoss * g_point_128, l_price_44 - TakeProfit * g_point_128, "73_Sys", 16384, 0, Red);
"

"ubzen 2010.06.14 03:45
All true, I had to normalize double and change the stop-loss from 9 to 15 to avoid error 130 for my broker and it failed in back-test like straight down for this year. Good thing I downloaded without giving my email."

Source: Rita Lasker's Free Forex Robot - MQL4 forum
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Old 06-29-2010, 07:24 AM
 
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Default Re: Robots?

Using robots to trade the markets will loose you money simple and plain....
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