Reply To: Description of Midnight EA

Forums Strategies and Expert Advisors Midnight EA Description of Midnight EA Reply To: Description of Midnight EA

#4958
Avatartraderfifteen
Spectator

@Dominik wrote:

@traderfx13 wrote:

@Dominik wrote:

@traderfx13 wrote:

Sorry I am new here. As a paying customer from MQL5 where can one download the latest Midnight version and presets? I’d like to run some 99% backtests and try it on demo. Thank you.

Last version is in this topic and has number 2.3b. If you’ll wait 1-2 days I’ll publish here new one.
P.S. This stable version will be published also on MQL.

And the download will be available from post #1? What about presets that we can use as baseline and improve?

Yes, I can always attach newest version to last post and to post number 1. I’m working now on algorithms and code, settings for the different pairs will come as next. It would be best if the Midnight could adapt to the market situation by itself (without any fixed values), but it still requires a lot of work.

We should test and see the stats on every pair and select best ones. Most important is the R/R ratio. If you can decrease that to around 2:1 (and not 10:1 like in the published version) that would be the best accomplishment. Winning 2 trades to make up for one loss is ok but winning 11 trades (for 10 losses + costs) is totally another. For me if I see such a large loss (10x than a win) I simply just remove the EA because I know logistically it will be impossible to catch up. Even if the EA can get out at a reasonable loss like ….. does in a losing trade – that would be acceptable before the full SL is hit. So my hope is that this has been fixed. Thanks for your help.