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Author Topic: SFE Attractor EA  (Read 1128 times)

Attractor

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SFE Attractor EA
« on: June 08, 2019, 08:06:49 PM »
The SmartForexExpert Attractor Expert Advisor, is our new approach to the 'price action' style robots.
Using a selection of main crosses, the EA have a good diversification, which can lead to a stable growth.

The EA can be used from 1.000 USD. with a recommended size of the orders of 0.01 lots / 1.000 USD.

The EA don't have external parameters, don't need any kind of effort to use, and don't need to be supervised, can be connected 24x7.

Don't use any kind of martingale, grid or hedge

The EA needs to be attached only in one M5 chart, and from this chart manages the list of pairs defined and the different timeframes.

Is very lightweight in CPU / RAM resources. Only launches once at the beginning of the bar.

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MQL5 market: https://www.mql5.com/es/market/product/39237
Myfxbook link: https://www.myfxbook.com/members/atractor/sfe-attractor/3346254
MQL5 signal: https://www.mql5.com/es/signals/589074
Backtest and setup video: https://youtu.be/932x31itnrE
Backtest: https://c.mql5.com/31/339/R100.zip

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Independent reviews:

https://forexbenchmark.com/eas/reviews/sfe-attractor/
« Last Edit: September 07, 2019, 03:22:15 PM by Attractor »

Attractor

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Backtest
« Reply #1 on: June 10, 2019, 10:44:03 PM »
The backtest can be found here:   https://c.mql5.com/31/339/R100.zip

Monthly performance with a fixed size of 0.1 lots:


Attractor

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Re: SFE Attractor EA
« Reply #2 on: June 16, 2019, 06:05:32 PM »
SFE Attractor is confirming that can open a good number of operation even in a weak market. In the first 10 days of live action, 61 trades has been opened. A very good chance of profit was missed finally the day 5th, and now there is a other chance with the current opened gold trades.


Attractor

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Re: SFE Attractor EA
« Reply #3 on: June 29, 2019, 08:30:24 PM »
June performance of the SFE family:



The start of the Attractor EA has been quite satisfactory although the month has end with a little groth of 0,25%.

Looking the general performance of all the EAs, we can see that this month has been a very low movements month, because the activity on the EAs which needs big movements has been almost inexistent (KISS, Fire&Forget).

Considering this, we are happy to see how the predictions about that SFE Attractor can develop trading even in soft markets like the current , has been accomplished.
The number of operations in relation to the KISS and F&F is obvious, and in comparison to SFE PA shows also a lot of operations more, specially if we consider that Attractor uses 7 pairs while PA uses 16.

The most new developed EAs, we are focusing in try to be in the game in soft markets also. Obviously in this kind of markets the chance of make profit is lower, but is possible anyway as shows the backtest of SFE Attractor.

A 0,25 growth is not the average desired obviosly, but if we compare with SFE PA, probably the most complete EA of his kind until now, SFE PA has suffered a very bad month, therefore, end alive this month of June seems a very reasonable result and we are optimistic with the upcoming performance.
Up to 4 times this month the EA has been at one step of do nice profits, but the movements has retraced at final, we will see next weeks :)

The average spread of the trades has been very good. Remember to visit the broker section to understand what kind of brokers are the best.

The slippage has been worse than others EAs, this proably means that Attractor EA has the ability to enter in action before than other of his family EAs, when the volatility is still high, so is normal to get some kind of slippage. We will keep the attention of how develops this data when we carry more operations. We expect the slippage should be lower than the current number.
« Last Edit: June 29, 2019, 08:46:32 PM by Attractor »

Attractor

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Re: SFE Attractor EA
« Reply #4 on: July 12, 2019, 08:51:51 PM »
I reply here some interesting questions received:

- what inputs shud be used to backtest without fractional lots??

Don't use fraction lots is not an option in the current version, if demanded I can add in next update. But fractional lots is not applied if the size of the trades are under 0.05 lots. Therefore, for see a backtest without fractional lots, use a size between 0.01-0.04

- are fractional lots necessary for profitability?

fractional lots are used in the way of exit the position. Don't affect in the entry/setup. How the EA manage the order and exit the position is not only affected for this partial clousures, and the profitability at mid/long term can be very similar. Partial closures helps to book the profit instead of keep the order opened more time with the risk of reversal, but also can lose a peak of profit sometimes, therefore is not critical use or not use partial closes ad mid term, sometimes worth, sometimes not.

- additionally what fixed lot is suggested for all pairs in default with 1000 USD?

The size suggested for 1000 USD is 0.01 lots, the minimum. In this case, obviously partial closes will not be applied.

Attractor

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Re: SFE Attractor EA
« Reply #5 on: August 03, 2019, 10:40:24 PM »
SFE Attractor ends the month of July with a nice growth and continues showing a big strength in relation to the others 'price action' EAs.

The truth is that the growth could have been spectacular if in the session of 25 of July the EURUSD pair would have a continuity in the movement instead of retrace to the starting price.
But even with the loses of the EURUSD pair this month ends in the green side, so I'm very happy with the behaviour of the EA.

We are waiting for you EURUSD, when do you will begin to move again?  :)



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MQL5 market: https://www.mql5.com/es/market/product/39237
Myfxbook link: https://www.myfxbook.com/members/atractor/sfe-attractor/3346254
MQL5 signal: https://www.mql5.com/es/signals/589074
Backtest and setup video: https://youtu.be/932x31itnrE
Backtest: https://c.mql5.com/31/339/R100.zip
« Last Edit: August 09, 2019, 10:41:34 AM by Attractor »

Attractor

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Re: SFE Attractor EA
« Reply #6 on: August 11, 2019, 05:57:57 PM »
I reply here a question received:

I watched your SFE attractor signal, every time, it starts good, then end with so small profit, is there anything to improve, or is that possible to change TP?

Hurts see how open profit ends in nothing sometimes, but the distance and the rhythm of close the orders is the correct based on long term backtest.

I checked today again the code and for the moment all is perfect as is.

If we begin to close fast the orders when we see a unacceleration, we will lose a bigger gains other times and the bactkest confirms that worth to wait for this big gains.

The way to manage the position or change the TP distance is not possible. A feature of SFE EAs is that don't need any time of special configuration because the parameters are defined internally based on the best long term results, and are the same for all the pairs because is when a value can mean something and offer some guarantee, when works for the different pairs.
« Last Edit: August 11, 2019, 06:15:37 PM by Attractor »

Attractor

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Re: SFE Attractor EA
« Reply #7 on: August 11, 2019, 06:09:34 PM »
Another question:

EURUSD seems to be a consistent loser, and it seems to be the same in your signal. I I guess I am just not sure why you've included it in the default pairs to trade.

- It's true that EURUSD has been hard to trade in this kind of systems last months, but this is because just now is at historical lowest volatility levels of his history. But this may change in any moment, we are seeing just now how the economical global relations are getting more complicated, and this 'big calm' in the EURUSD must be very near to end.

One of the features of SFE EAs is that can be profitable in several pairs, and this help to get a stable growth even when one pairs falls in a large stagnation period.

On long term, EURUSD is in general the best pair in all SFE EAs. The list of trade pairs can be choosen by the user but I recommend always keep EURUSD.

The Average True Range at the lowes values of the century:


« Last Edit: August 11, 2019, 06:15:52 PM by Attractor »

Attractor

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Re: SFE Attractor EA
« Reply #8 on: August 13, 2019, 12:15:58 AM »
Another question submitted by an user (I invite all the interested people to sign up here and post the questions in the forum, this way all the people can have the best information)

"Im using attractor on 4k deposit account with 0.01 lot per 1000 deposit. Can you checl why it doesnt close partial order like your account?
Looks like its going for all-or-nothing
Most orders ended up hitting sl at break even"


- In the current version 1.0, the EA uses partial closes from 0.05 of lot size. For this reason, with 0.01,0.02,0.03,0.04 you will not see partial closes.

If you want to use partial closes, increase the size to 0.05 from 0.04, is a bit more risk, but still not a high risk.

As we can see in the next image, not use partial closes don't mean the performance is not good, but the growth is less smooth. Then, more times you will hit breakeven but more times you will hit full TP. Not always the EA will hit breakeven because exist a trailing SL but is very slow, for this reason sometimes still is not above the breakeven level.

The EA use a size for the partial close of 1/10 of the original size, then, for 0.1 lots will use 0.01, for 0.2 0.02, and the size will be rounded if necessary.

« Last Edit: August 13, 2019, 12:19:29 AM by Attractor »

coldvinc

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Re: SFE Attractor EA
« Reply #9 on: September 02, 2019, 02:45:38 PM »
SFE Attractor seems an interesting offer. But based on past performance and even ongoing ones, it seems like the night scalpers are really the best performers out there.
What is the weight of these night scalper EA's in this combined EA?
Fighting my way to Financial Independence: http://Https://www.fighttofire.com

ccjhuang

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Re: SFE Attractor EA
« Reply #10 on: September 02, 2019, 11:31:00 PM »
SFE Attractor seems an interesting offer. But based on past performance and even ongoing ones, it seems like the night scalpers are really the best performers out there.
What is the weight of these night scalper EA's in this combined EA?

SFE Attractor is a price action based EA so itís more similar to SFE Price Action, but it tends to detect more trading opportunities even with less price movements. I would say SFE Attractor is a refined version of SFE Price Action that is more suitable for a quieter market that does not produce large price movements regularly.

The night scalpers have been performing well but they can also be hit hard at times when there is large movement in Asian hours. The DD also tends to be a bit higher in the scalpers than the price action based EAs. I would prefer to only use the night scalper as a supplement to the price action based EAs rather than the main EA for the account.

In fact Joel has talked about using several EAs on one account and he recommended using 3 price action EAs plus the night scalper with a ratio of 60/60/60/30 (Night Scalper with the least allocated balance of 30). You can see the PDF attached for more details.
« Last Edit: September 02, 2019, 11:34:18 PM by ccjhuang »

coldvinc

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Re: SFE Attractor EA
« Reply #11 on: September 03, 2019, 09:16:39 AM »
Ah I see. Thanks for the clarification! ;D I was under the impression that it was a mix of all the different Expert Advisors together.
Fighting my way to Financial Independence: http://Https://www.fighttofire.com