H-E Spider

[loulou69]

Hi he3117,

on your EA do you have stealthy SL and TP ?

thank you

[he3117]

Hidden SL will decrease the profitability by 30%.

[pipmenow]

Should the recovery mode be used?  Does it improve results?

It may improve the results but it can also increase the DD.

It would be nice to see the two results side-by-side.  Can I set up a demo account with the same activation key that I am using for my live account?  Thanks. 

[he3117]

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Yes.You can use same activation key for 3 live and 3 demo accounts.

[odysseus11]

whats the difference between your live myfxbook and the live2 myfxbook?
And can we still take part with the beta while waiting for the website?

[he3117]

The first account is a micro account on alpari.The second one is a cent account on trade fort.Its better to follow the second one because the EA can use MM options better.

[pipmenow]

I have a question regarding multiple trades.  What causes multiple simultaneous trades?  I have TradeEverySignal set to true on a demo and live account.  The demo account opened only one trade and the live account opened three trades at once.  If I set TradeEverySignal to false would I have limited each account to only one trade opened at a time?  Will this limit both DD and profit thus having no positive or negative effect? Thanks.

[he3117]

This EA scan the chart for 2 type of waves.
P(Primary) and S(Secondary).
Some times we have more than one wave of each type.for example 3 S waves or 1s and 2p and etc.If you set the TradeEvery signal to true the EA will mark all of this waves.trading every signal will increase the risk and also increase the profit.The default value is false.By setting it to false the EA only mark the first wave of each type(1 S and 1 P).

Recommended settings are balance between profit and DD.

I highly recommend to use default values for safe and steady profit.

[piji]

U say this system is counter trend,
So, if combine with RobinVOL, the DD can be decreased?
What your opinion?

[he3117]

U say this system is counter trend,
So, if combine with RobinVOL, the DD can be decreased?
What your opinion?

In theory yes but in reality its very bad idea to use multiple EA on one account.
Its better to split your account and use dedicated account for each EA.

lets say we have 2 EA:
EA A by 2 wins each win 5%
EA B 2 losses each loss 5%
Balance 100$

scenario 1:using them on one account:
Results of A=100*(1.05^2)=110.25 $

now EA B want to loose 2 trades so:
results B=110.25*(0.95^2)=99.5

After 4 trades the balance is 99.5$


scenario 2:Split account to two 50$ accounts:

Results of EA A:=50*(1.05^2)=55.125$

Results of EA B:=50*(0.95^2)=45.125$

over all=45.125+55.125=100.25

Summery:
use multiple EAs on one account only with fixed lot.
if you want to use MM options separate your account and use dedicated account for each EA.

Most of us reduce the MM options of EAs to reduce the DD.I suggest to use default MM options but split your account to adjust the DD.for example if you have a 1000$ account and you want to use robin-vol and he-spider with half risk,just split your account to two 500$ accounts and use default options for them.This way you decrease the DD of each EA to half and you shouldn't  be worry about the impact of MM options on over all profit.

[fmonera]

U say this system is counter trend,
So, if combine with RobinVOL, the DD can be decreased?
What your opinion?

Counter trend systems doesn't trade against the trend despite it's name. Counter trend systems tries to anticipate the trend before it starts so that they can ride the trend from the beginning.

So both trend and counter trend systems tries to trade in the same direction: in the direction of the trend.

That said, I agree with Hamed here, it is better to split your account and use dedicated capital for each EA (unless you master all the theory behind portfolio trading which is much more complex than it seems).

[he3117]

I agree with fmonera.
If you really want to use HESpider with other EAs set the RecoveryMode to true.(Not Recommended)

FYI:HESpider trying to catch the pull backs not the actual trend.

[Johnnykanoo]

Please keep us posted about your ea.  Looks like August is up 11% on your account.  Very nice and I am definitely interested when you release this ea commercially.

[he3117]

Hi
unfortunately I'm very sick right now .My web site is almost ready.I'm planning to start the sell on next week.

@beta testers:Beta testing will be finish this week.Please remove HESpider from your account when you are ready. all activation keys will be invalid on next week.You can use your activation key as discount coupon when sell is start.
tnx.

[Johnnykanoo]

Your health is number one.  People think money is the commodity it isn't time is and time freedom but what is any of it without good health?  I hope you feel better soon and don't even worry about your website I'm sure you will take up where you left off.