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Chomper EA Setfiles and Info – Buying and selling Techniques – 14 March 2025

Chomper EA

The Chomper EA analyzes a number of entry patterns in real-time by using our inner AI Choice Engine skilled fashions mixed with a complete set of filters and with value motion affirmation. In instances the place the market strikes in opposition to the buying and selling cycle, the EA mechanically and strategically initiates restoration commerce grids.

Our AI resolution engine is in-built and totally API independant; this implies there isn’t a requirement to entry any GPT APIs over the web (which can be not attainable by way of the technique tester).

What units the Chomper EA aside is its modern strategy to commerce restoration administration; We’ve got taken a distinct approch with AI fashions, we utilise a set of fashions for entry and exit, however, additionally, we make use of our AI Choice Engine fashions to handle danger successfully by dynamically mapping market construction in real-time to find out activation and optimum timing and placement for restoration trades throughout adversarial market situations. 

Help:

Contact me right here anytime for assist and steering –> Profile

Buying and selling 101 and FAQs Right here –> FAQs

Common EA Settings

Image Timeframe Lot Issue Mannequin Set
EURUSD M15 1.0 m=5
AUDUSD M15 1.0 m=7
USDCAD M15 1.0 m=8

EA Parameters (set these by utilizing the related Setfile)

[Strategy Settings]

Use Image: (true/false) Allow or Disable the Technique for the related image.

Image: Technique instrument title with out prefix or suffix. The prefix and suffix are automated from chart image title.

Timeframe: Technique timeframe (default M15).

Magic Quantity: Magic quantity for the technique.

Lot Issue: Issue of the lotsize for every technique. (Foremost pair default=1.0, further pair default=0.66).

Mannequin Set: That is the AI mannequin for use for the technique. (See the chart above). 

[Risk Settings]

Lot Choice Kind: (Fastened Tons/Tons Per Fairness) Use this to pick the kind of lot sizing.

Fastened Lot Measurement: When fastened lot-sizing is chosen, this units the fastened lot measurement for every commerce. For instance, setting it to 0.01 lot means every commerce will use 0.01 lot measurement.

Tons Per Fairness: When lot choice is lot per fairness this may set 0.01 heaps per “Lot Per Fairness” setting.  i.e. If set to 3000, then for each 3000 base foreign money fairness models the beginning lot might be 0.01.

Max Stay Buying and selling Symbols: This units the utmost variety of particular person symbols which can be allowed to be buying and selling on the identical time (default=5).

[Day Filter]

Commerce On (true/false) This lets you cease buying and selling or allow buying and selling on particular days of the week (default=true).

[Holiday Filter (Thin Markets, High Volatility)]

Use US Fed Vacation Filter: (true/false) This lets you cease buying and selling when US inventory market is closed (default=true).

All US Fed Holidays Filter: (true/false) This lets you cease buying and selling on further fed holidays i.e. Veterans and Columbus day (default=true).

Skip Buying and selling Us Election Week: (true/false) This lets you cease buying and selling for the US election week in (default=true).

Skip Buying and selling over Xmas / New 12 months: (true/false) This lets you cease buying and selling over Xmas and New 12 months (default=true).

Day to Cease Buying and selling in December: If “Skip Xmas Buying and selling”, then that is the date in December to cease opening new trades (default=21).

Day to Begin Buying and selling in January: If “Skip Xmas Buying and selling”, then that is the date in January to start out opening new trades (default=21).

[Equity]

Draw Down Restrict in %: Shut all trades if draw down reaches the draw down restrict in % of fairness.

Emergency Shut Revenue Bucket if #Trades>Restrict: (true/false) Allow max open trades shut by complete bucket revenue (default=true).

Emergency Max Commerce Restrict to Shut Revenue Bucket: Variety of open trades to allow the entire bucket closing course of (default=30).

 Emergency Shut Bucket Revenue %: P.c revenue throughout all devices/symbols to shut all open trades (default=4.1).

 Emergency Restrict #Symbols if #Trades>Restrict: (true/false) Allow max open trades max buying and selling image restrict (default=true).

 Emergency Max Commerce Restrict to Restrict Symbols: Variety of open trades to allow the max buying and selling symbols restrict (default=50).

 Emergency Restrict Symbols Quantity: The utmost variety of buying and selling symbols as soon as max commerce restrict is hit (default=1).

FAQs

Q. Are techniques that make use of grid techniques as a part of the general operation harmful ?

A. No, nicely, ….. typically ( or more often than not ), it relies upon. If a grid restoration system shouldn’t be rigorously examined throughout many years of various market situations and is simply coded to doiuble the danger and add extra trades, then sure, that isn’t a good way to strategy the issue.  However, if the differeing adversarial markets are studied and understood and you may calculate the most effective locations to position the grid trades conbined with many years of testing, then, you may run a buying and selling ystem with a grid ingredient and it really works very well. We’ve got used many various kinds of machine studying strategies to verify they system is powerful as attainable.

Q. What number of years have been your fashions traned for ?

A. We’ve got skilled tons of of fashions through the years, we normally practice for at the least a decade, however we additionally consider current markets, then run out of pattern checks on older markets to check effectivity.

Q. How usually do you practice the fashions ?

A. Nice query.  We’re at all times searching for higher fashions, we’re coaching some as you learn this ( we’re at all times coaching ) and after we discover higher performing fashions we are going to add them to the EA code.

Q. Why are there restoration trades above or under the preliminary commerce ?

A. One other nice query.  The reply is normally the market has not settled after excessive volatility. The mannequin understands this, locks out the trades to guard them, after which begins the restoration grid as soon as the market has settled down.  This implies the grid may very well be above or under the place you’ll anticipate it.  That is regular.

Q. How did you implement ML/AI into mql4 as many of the capabilities will not be obtainable ?

A. With nice issue. We’ve got needed to do some further coding and storing information by going again to the statistical evaluation procedures. With all the most effective will on the planet, it isn’t precisely the identical, however its as shut as we may make it.

Q. What statistical fashions did you employ ?

A. We used lots of regression to map ranges, after which we created an ensemble.

Q. Will you be including any extra fashions ?

A. Sure, we’re testing some new image fashions presently and in the event that they praise the present fashions then they are going to be added

Hyperlinks

Anaconda https://www.anaconda.com/

Tensorflow https://www.tensorflow.org/

PyTorch https://pytorch.org/

Keras https://keras.io/

Scikit-learn https://scikit-learn.org/steady/

MQL5 Machine Studying https://www.mql5.com/en/articles/machine_learning

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