Description of Midnight EA

[SemenovSpectator]

yes I did. Ouch!

[AcuraSpectator]

@mikegrand007 wrote:

yes I did. Ouch!

Now I don’t feel alone, thanks!

[calixtoSpectator]

@traderfx13 wrote:

@mayamak wrote:

w2.jpg

Did you run any 99% backtests on these sets you used? If so could you post them? Did you use the posted sets or your own? Not trying to laugh but unless the Risk/Reward ratio issue has been resolved with the EA I believe it to be a very risky proposition to trade. This is why I ask everyone to be very careful especially if trying it on a live account.

I’m using only those sets that Dominnik is uploading. So currently those form post with 8sets

@goldencookie001 wrote:

does anyone have loss on this trade, or is this due to slippage?

19963347 2017.04.25 00:44:21 sell 0.10 eurcad 1.46782 1.47290 1.45589 2017.04.25 03:54:40 1.47290 -0.76 0.00 0.00 -37.47

I also reached SL on EURCAD.

[AnimoSpectator]

why it open today usdchf and no trade on my mt4? your set files, icmarket

[calixtoSpectator]

@Reitak wrote:

why it open today usdchf and no trade on my mt4? your set files, icmarket

Probably different quotations betweenn Darwinex and ICMarkets

[AlexToDJSpectator]

The entries of this EA are excellent, but the exit strategy not so. The average loss trade is more than three times greater than the average win trade, making growth extremely slow and choppy. An improvement is still needed to the exit strategy of this EA!

[calixtoSpectator]

[attachment=1:35k1prh3]w3.jpg[/attachment:35k1prh3]

this one EURCAD loss trade didn’t have any chance to win
[attachment=0:35k1prh3]loss.jpg[/attachment:35k1prh3]

[AcuraSpectator]

My week, a slight gain ( 0.6%):

[attachment=0:oj1gubci]midnight-ea-we-20170428.png[/attachment:oj1gubci]

[101011001Spectator]

Well here’s the results. Looking good. There’s always going to be a loss that’s just the game we play.

[attachment=0:28hdvsh3]Midnight-Monthly.JPG[/attachment:28hdvsh3]

[101011001Spectator]

Going to run this live for the next month. Go a strange error message though.
AUDCAD uninit reason 5
when initialising the EA. Any ideas Dominik?

[traderfifteenSpectator]

@didom wrote:

Well here’s the results. Looking good. There’s always going to be a loss that’s just the game we play.

Midnight-Monthly.JPG

Why is this ok? You just lost >10% in a day! Let me smoke from your stash please! The RR ratio of the EA needs to be improved.. If you guys don’t speak up then who will? The entire point of this thread is to voice your opinion and let Dominik know what this EA needs to be fixed. Saying this is OK to lose that much on a trade is enabling a bad future product. Either cut down on the SL or implement some smart exits to minimize the loss (hate to bring it up but like …) .. Come on guys.. let’s not encourage bad stats shall we? Stop trying to get the Brownie points and let Dominik know how you really feel about the stats you are getting with the EA. The Brownie points will be a good product!

[DominikAdministrator]

Hi guys! If you have any constructive ideas about improving Midnight feel free to write about them. If not – please keep it for yourself or write direct to me or in another topic, just don’t clutter this thread. Also please don’t advertise other EAs, it’s not too nice, but you should know about it. Regards!

[calixtoSpectator]

@Dominik wrote:

Hi guys! If you have any constructive ideas about improving Midnight feel free to write about them. If not – please keep it for yourself or write direct to me or in another topic, just don’t clutter this thread. Also please don’t advertise other EAs, it’s not too nice, but you should know about it. Regards!

Maybe SL trailing would be nice feature to add, sometimes trade is in big profit and instead of close it EA is keeping it and market is going oposite. It can be also kind of response for below post (exit strategy)

@DaveSarge wrote:

The entries of this EA are excellent, but the exit strategy not so. The average loss trade is more than three times greater than the average win trade, making growth extremely slow and choppy. An improvement is still needed to the exit strategy of this EA!

[DominikAdministrator]

Thanks mayamak, I’ll consider that. Regards!

[traderfifteenSpectator]

@Dominik wrote:

Hi guys! If you have any constructive ideas about improving Midnight feel free to write about them. If not – please keep it for yourself or write direct to me or in another topic, just don’t clutter this thread. Also please don’t advertise other EAs, it’s not too nice, but you should know about it. Regards!

I truly apologize about mentioning it. It was not meant to advertise anything. It is not a great EA but its timely exit before SL blow-up is worth noting. I hope a similar exit can be implemented here maybe even better. I don’t mind to lose 10-15 pips on few bad trades if the entry is not good but to lose SL it is hard to swallow. Thanks for some great work on the new version!

[Author]

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