Chomper EA Setfiles and Information - Trading Systems - 14 March 2025

Chomper EA

The Chomper EA analyzes a number of entry patterns in real-time by using our inner AI Determination Engine educated 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 determination engine is in-built and totally API independant; this implies there is no such thing as a requirement to entry any GPT APIs over the web (which can be not doable by way of the technique tester).

What units the Chomper EA aside is its revolutionary strategy to commerce restoration administration; We have now taken a special approch with AI fashions, we utilise a set of fashions for entry and exit, however, additionally, we make use of our AI Determination Engine fashions to handle threat successfully by dynamically mapping market construction in real-time to find out activation and optimum timing and placement for restoration trades throughout opposed market situations.

Assist:

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 through the use of 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 computerized 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. (Essential 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 Sort: (Mounted Tons/Tons Per Fairness) Use this to pick the kind of lot sizing.

Mounted Lot Dimension: When mounted lot-sizing is chosen, this units the mounted lot dimension for every commerce. For instance, setting it to 0.01 lot means every commerce will use 0.01 lot dimension.

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 forex fairness items the beginning lot can be 0.01.

Max Dwell Buying and selling Symbols: This units the utmost variety of particular person symbols which might be allowed to be buying and selling on the similar 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 Yr: (true/false) This lets you cease buying and selling over Xmas and New Yr (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 begin 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 whole 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 programs that make use of grid programs 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 isn’t rigorously examined throughout many years of various market situations and is simply coded to doiuble the chance and add extra trades, then sure, that’s not a good way to strategy the issue. However, if the differeing opposed markets are studied and understood and you may calculate one of the best locations to position the grid trades conbined with many years of testing, then, you may run a buying and selling ystem with a grid aspect and it really works very well. We have now used many various kinds of machine studying strategies to verify they system is strong as doable.

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

A. We have now educated lots of of fashions over time, we normally practice for not less than a decade, however we additionally consider latest 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 all the time on the lookout for higher fashions, we’re coaching some as you learn this ( we’re all the time coaching ) and after we discover higher performing fashions we’ll 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 a lot of the features should not accessible ?

A. With nice issue. We have now needed to do some further coding and storing knowledge by going again to the statistical evaluation procedures. With all one of the best will on the planet, it’s not precisely the identical, however its as shut as we may make it.

Q. What statistical fashions did you utilize ?

A. We used a variety 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 at the moment and in the event that they praise the present fashions then they are going to be added