martin1024
Member
I'm forward testing it, too soon to tell. Will share the results later
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martin1024
Member
I have seen other questions here.
1. Why there are only 3 cryptic parameters to set - well this is up to EA's programmer, he obviously kept the most of the settings inside the code.
We can only observe and reconstruct the logic here.
2. What is the meaning of the parameters - now here is only my hypothesis:
12 - don't know yet
6 - most probably BE/profit-lock offset 6% R
3 - most probably pending expiration 3 hours 3 H1 bars
1. Why there are only 3 cryptic parameters to set - well this is up to EA's programmer, he obviously kept the most of the settings inside the code.
We can only observe and reconstruct the logic here.
2. What is the meaning of the parameters - now here is only my hypothesis:
12 - don't know yet
6 - most probably BE/profit-lock offset 6% R
3 - most probably pending expiration 3 hours 3 H1 bars
martin1024
Member
+ Information from forward testing:
Matrix Bars EA v1.0 MT4 — early forward-test sample on XAUUSD demo.
So far: 9 executed trades, 4 wins / 5 losses, net around -€160 on ~€10k account.
Initial TP appears to be consistently around 5R, while risk per trade is roughly 0.5%. The EA actively moves SL to BE/profit-lock and trails winners; best trade so far was +€74 and closed via moved SL, not TP.
All executed trades observed so far have been BUYs. Two pending buy stops were cancelled after exactly 3 hours.
Sample is still too small for performance conclusions — continuing forward test until roughly 20–30 events.
Matrix Bars EA v1.0 MT4 — early forward-test sample on XAUUSD demo.
So far: 9 executed trades, 4 wins / 5 losses, net around -€160 on ~€10k account.
Initial TP appears to be consistently around 5R, while risk per trade is roughly 0.5%. The EA actively moves SL to BE/profit-lock and trails winners; best trade so far was +€74 and closed via moved SL, not TP.
All executed trades observed so far have been BUYs. Two pending buy stops were cancelled after exactly 3 hours.
Sample is still too small for performance conclusions — continuing forward test until roughly 20–30 events.
Guys, don not be fooled by the signals that whoever send here , these are only possible if you buy the indicator, the EA is a black box strategy hidden, even the EA set file parameters are hidden ? You will not have any control over it??
martin1024
Member
A few more words
- yes, it is a blackbox with only a few cryptic input parameters
- yes, there is nothing painted in the chart, unlike matrix indicator, which was stopped from selling by author (I wonder why???)
- good news is, it looks like there is no grid and martingale mechanics in it, EA uses SL and its RR is cca 1:5 (the target can be different, but the it is aimed to 5 in ideal conditions)
- everything else we will see in forward test, but I will try backtest as well.
If the tests are good, we could try to fundraise source code disassembly (or we could reconstruct the code according to EA behaviour)
- yes, it is a blackbox with only a few cryptic input parameters
- yes, there is nothing painted in the chart, unlike matrix indicator, which was stopped from selling by author (I wonder why???)
- good news is, it looks like there is no grid and martingale mechanics in it, EA uses SL and its RR is cca 1:5 (the target can be different, but the it is aimed to 5 in ideal conditions)
- everything else we will see in forward test, but I will try backtest as well.
If the tests are good, we could try to fundraise source code disassembly (or we could reconstruct the code according to EA behaviour)
what time frame do you use ? and which broker you use ?, i installed the EA in Roboforex platform but for the 2 or 3 working days it executed only ONE Trade ?
Can buy this dummy EA... these results are from my Demo acc
