Matt’s FOREX Expert Advisor Blog

FYI… Here are some of the new features being released this week…

• Reworked the way internal variables are handled with extra precision brokers like Alpari UK
• o Variables that are adjusted behind the scenes are now prefixed with “x” (i.e. xUltimateTP)
• Enhanced comments section
• Added maximum drawdown/profit display information
• Added additional EA information
• Ability now to print EA settings problems to the chart
• Complete new order placement module (more guarantee of orders being placed, closed, modified, etc.
• RiskPercent can now be less that 1% and up to 10%
• Added WindDown parameters
• Added WindDown2 parameters
• Added Weekend parameters

All EAs are currently being tested with the latest modifications and are due to be released by the end of this week.

Checkout my latest results on MyFXBook.com by clicking here…

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

This EA has been going through major development over the last couple of weeks. Demos have been turning good results and enhancements are being on a regular basis. The latest version (1.5.0) released today now includes 8 different entry options. The options can be chosen individually or multiples can selected. Also, each entry has it’s own settings providing even greater control over how and when the EA opens new orders.

The entry options now included are AshFX, AshFX II, Coin Toss, Heiken Ashi, Moving Average, MyFutureBAT, PipNailer, and SynergyMethod.

I would also like to mention that the EA Data Analyzer site continues to make progress and the database now contains over 17,000 trades from all the demos and live accounts that are running my EAs. Also, I’ve dusted off the DailyHighLow Indicator and was inspired to start a DailyHighLow demo which will be coming soon based on the original Daily95 setup and other demos like MyFutureBAT and RollerCoaster have been running for some time now as well.

Checkout my latest results on MyFXBook.com by clicking here…

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

Just thought I should say something for those who are wondering…

I am making progress with the Data Analyzer site although it has proven itself to me that the task is greater than I originally imagined. I will complete the site but it’s taking longer than I anticipated.

In the mean time, The database is growing with over 10,000 completed trades on a number of different Forex EAs (AshFX, AshFX II, RollerCoaster, PipNailer, MyFutureBAT, SynergyMethod, etc.). Some very solid results have been made showing profits with AshFX and MyFutureBAT. I’m sure there are others but this is just a result of me taking a close look at those 2 directly.

Please be patient, the EA Data Analyzer site will be completed and new EAs will be developed.

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

I would also like to mention that the current cost for Lifetime membership to my site is $100. This gives the user the ability to download and use any EA I currently have developed and any EAs I will develop in the future. This one-time payment will be going up shortly after the release of the EA Data Analyzer site. If you would like to take advantage of the current price please click here. At the moment there are 13 different EAs for Lifetime Members.

Over the past several months there have been issues with my EAs and how they perform on brokers with an additional digit of precision like Alpari. Much time has been spent resolving these issues and I’m now pleased to announce that many bugs have been worked out of the EAs. In addition, there have been revisions to money management and other items as well. Every Expert Advisor listed below has been revised…

AshFX, AshFX II, BreakoutSentinel, DailyHighLow, DailyHighLow Reverse, GrabMyOrders, MyFutureBAT, PipNailer, ProfitLossTally, RollerCoaster, SynergyMethod, TossUp, and WeeklyOpen.

Thanks again to all those who have supported me along the way.

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

I just wanted to let everyone know that great progress is being made with the AshFX, AshFX II, and PipNailer EAs. Most of the problems as of lately have been due to the addition of money management and the fact that what the EA starts with may be different in the background based on money management calculations. Basically it had a ripple affect on the way these EAs handled open orders and what needed to be done with them during certain stages.

Anyways, the good news is they are well on their way to being rock solid again and I hope to be uploading the newest revisions in the next couple of days. The latest demos I’m running are FXDD and Alpari UK with the same pairs and settings to match activity and how the EA performs with both types of brokers (the extra precision in Alpari).

I don’t like to release panic revisions to fix bugs so I hope you’ll forgive me while I get things tested 100%.

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

Some major work has been completed. Expert Advisors that now include money management are AshFX, BreakoutSentinel, DailyHighLow, DailyHighLow Reverse, MyFutureBAT, PipNailer, RollerCoaster, SynergyMethod, and WeeklyOpen. Also, version numbering has been revised to more easily track changes to the EAs.

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

I know it’s been a long wait but I’ve just completed some new and exciting revisions to the AshFX and PipNailer EAs. These changes include money management, additional blackout hour settings, and new percentage settings that allow the user to adjust the percentage for take profits and stop losses. User can now configure the EA to take 55% of the suggested take profit and risk only 60% of the stop loss. Users can even increase percentages to values greater than 100% (i.e. take 125% of the suggested take profit rather than 100%). These revisions open up to two Expert Advisors to even more possibilities.

Matt

For the most up-to-date information about this Expert Advisor and others, please click here.

About the EA:

This thread is dedicated to the on-going development of the PipNailer AutoTrader that I wrote. Please remember that I didn’t develop the PipNailer strategy. Any questions regarding the actual system should be handled on forexmoments original thread at ForexFactory.com. Please use this thread as a place to post positive suggestions, bugs, and general discussion of the EA and it’s results.
The original thread for the PipNailer strategy can be found here.

You can find a wealth of information and ideas at the thread listed above including many tips for manual trading and enhancement ideas for the strategy. Everything you need to know about trading this system is freely given away on that thread and even includes at least one EA that is also freely given away on that thread. That does not mean that mine is better than his because he gives it away. That also doesn’t mean that his is better than mine because it’s free either.

If you are here, and you keep reading, and even decide to buy then you’re getting an automated Expert Advisor from me that trades this system for you so you don’t have to do it yourself. What do you get with my EA? Additional features I’ve added, guaranteed support for the EA, and much more. I’ve coded in some additional things based on requests, provide videos showing how to use my EAs, tips and tricks, results, and I bring it all together in these forums. I’ve completely severed all involvment on ForexFactory.com because of the path I’ve chosen developing, selling, and supporting EAs that I’ve coded and stand behind. I can say with complete assurance that 99.9% of the people who’ve tracked me down here and decided to buy this EA were aware of the fact that there was a free version developed by someone else. If I were walking into people’s living rooms and holding them at gun point until they bought my EA then I would say there’s a problem but that is simply not the case here. You keep on reading… Am I forcing you to do that?

Here’s the bottom line…
The creator above has decided to give his system away freely. I’ve decided to code an EA to trade it for me automatically. I’ve made it known that my version of this EA is available but it carries a cost for my development time and the support that comes along with it. In the end I hope people will feel it’s worth it. If they don’t then there isn’t anything forcing them to stay here either.

Still not clear?
Dozens of people can freely share directions on how to get from point A to point B. You then have several choices…

• You can walk (manual trading)
• You can hitch a ride with someone going your way (free EA)
• Or I can give you a lift but I charge for gas (my EA)

Which choice is best? That’s a matter of preference and what makes you comfortable.

Still here? Here is a summary of the functions.

• Set order lot size
• MaxDiffFromOpen ensures a good entry
• Trailing stop based on previous bar’s PSAR level
• Traditional trailing stop
• Sends e-mail when new orders are placed
• Sends e-mail of current status and history
• Chart display of profit/loss history

Special notes:

• Can be run in any time frame although Daily was used when writing and testing the EA
• It is extremely important that MT4 run all week with the charts open and EA attached. No EA can do its thing unless everything is running. That’s why you have an EA to trade for you.
• Currently supports all brokers although FXDD is preferred
• To obtain a copy of this EA for Live/Demo use, please click here.

For the most up-to-date information about this Expert Advisor and others, please click here.