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Most Famous Blessing 3.9.6 EA and Setfiles

  • #1,461
  • Dec 16, 2019 10:17am Dec 16, 2019 10:17am
Hi I am New to this thread
I installed the ea to mt4 and loaded the settings from post 1
Now it seems it is working. It has an aeroplane down to right
Is everything OK?
Do i have anything to check?
It has not opened any order yet (I put the ea today in the morning)

Thanks in advance
  • #1,462
  • Dec 16, 2019 1:14pm Dec 16, 2019 1:14pm
Go through all post in this thread. Learn how to optimize. You must optimize on the specifik broker you are using. You Can Not use others
settings...
Run a demo account live with fake money. Learn how blessing works before going live.. youtube is your friend in learning to optimize..
it is crucial...
Do Not go live any time before you have done what is mention above...
  • #1,463
  • Dec 16, 2019 2:50pm Dec 16, 2019 2:50pm
Quoting n229vxhbx
{quote} Interesting, what features are you adding to this .13 Beta Richard? I'm currently rocking your .11 version to good effect. Recently wondered if anyone had the skillset to port to MT5 to allow optimising on a grander scale?
It's really just a bug fix for the Holiday feature. If you don't use the Holiday feature then .11 or .12 should work just fine.

I'm not sure MT5 optimizing buys you much with Blessing. Especially since between one and three months of history seems to be the sweet spot. More history than that and you tend to reduce profits. Blessing is a mature EA. It works well and has been improved and adjusted over time. No need for the years of historical testing that's often necessary with an immature EA. Just optimize and go.

My main interest in bringing Blessing along to MT5 is in case MT4 starts to go away, or there's a great broker somewhere that only supports MT5.

Good luck!
  • #1,464
  • Dec 16, 2019 6:59pm Dec 16, 2019 6:59pm
Question
When you guys optimize for 5 or 15 min chart. How long time Frame do you use in the back test. I get completly different result when going back 2 month or more. I get perfect graph with in to month, but more it is a disaster...
My live demo account works great With 5 and 15 min chart.
  • #1,465
  • Dec 16, 2019 8:02pm Dec 16, 2019 8:02pm
Quoting Kirk65
Question When you guys optimize for 5 or 15 min chart. How long time Frame do you use in the back test. I get completly different result when going back 2 month or more. I get perfect graph with in to month, but more it is a disaster... My live demo account works great With 5 and 15 min chart.
I have 3 brokers. The best timeframe for a particular currency pair is usually specific to the broker too. I really prefer 1 minute and 5 minute timeframes because you get more trades. Sometimes lots more. And a 2-month backtest starts looking like a year's worth of a higher timeframe. More, smaller trades with greater overall profit and a better chance to see negative changes coming before they cost a lot.

If you look at my recent post of forward tests for my one broker you'll see I do use higher timeframes too. When I need a new set file to replace one that's slowing down I look at my demos and see what looks good ... it's not uncommon for forward tests to outperform backtests with this approach.

When I do a full optimization on the M1 or M5 over two months I can usually test the previous month with that setup and get good results too. But not always. Going forward is what matters. Going back very far isn't helpful, it just wastes time and adds noise.

Optimize as many pairs and timeframes as you can and watch where they go on demo. Don't put all your money into just one pair.

Nothing in Forex is 100%.

Best of luck!
  • #1,466
  • Dec 16, 2019 11:28pm Dec 16, 2019 11:28pm
Quoting blamshakk
I'm the one who posted the setfile, you will get used to its steadiness doesn't blow the account but just keeps depositing profit consistently. Re: the smiley face disappearing that's never happened in the years i have been running this EA. What if any messages are showing in the experts tab? {quote}

Hi

I leave in Europe and my forex broker has the New regulation and only leave me 1:30 leverage. (FOREXTIME

Is this a problem ?
  • #1,467
  • Dec 17, 2019 12:15am Dec 17, 2019 12:15am
Hi Richard,
For me trades are not opening for Gold. Any idea or suggestion please.

Not even single trade opened so far.

Thanks in advance.

Thanks,
Srinivasan R
  • #1,468
  • Dec 17, 2019 1:19pm Dec 17, 2019 1:19pm
Quoting zakgr
{quote} Hi I leave in Europe and my forex broker has the New regulation and only leave me 1:30 leverage. (FOREXTIME Is this a problem ?
Sorry to hear that. Here in the US the best we can do is 1:50. Not the 1:200 the rest of the world enjoys.

You need to keep more in your account to safely trade. You'll have to decide how much more. I have one account outside of the US that has 1:200 leverage. That gives me enough room to comfortably trade the setups I optimize with a $1000 balance in an actual $1000 account. When the market goes the wrong way I can safely wait for it to come back. The lower leverage accounts often get uncomfortably close to a margin call. You may have to add more money quickly or risk losing a chunk of your account.

My offshore account (1:200) is my favorite account. You can check them out here: https://en.myfxchoice.com/ ... that's one of the few that US traders can use, as well as others around the world. There may be more choices trading from where you are.

General Forex questions like this one are really off topic and don't belong here. Please check elsewhere on the web for answers to non-Blessing specific questions. The more you learn the better your trading will become. Diluting important discussions about Blessing with off topic stuff crowds out the really important stuff.

Spend some time as often as you can watching Youtube videos and reading other tutorials. Tons of wonderful content there. That's how I learned a lot of what I know.

Good luck.
  • #1,469
  • Dec 17, 2019 1:32pm Dec 17, 2019 1:32pm
Quoting Mcxtrader
Hi Richard, For me trades are not opening for Gold. Any idea or suggestion please. Not even single trade opened so far. Thanks in advance. Thanks, Srinivasan R
It's possible that Blessing isn't handling the two-decimal price of Gold properly. Most currencies have more decimals than that. Number of decimals can be a tricky part of programming EAs. I have a setup that optimized okay after setting the spread really low. But, like yours, since October 5 it hasn't opened any trades. Silver, which has one more decimal, seems to work better.

I'll take a look when I get a chance. Maybe next year. In the mean time there are lots of profitable currencies to choose from ... :-)

Good luck!
  • #1,470
  • Dec 18, 2019 7:57am Dec 18, 2019 7:57am
Attached Image (click to enlarge)
Click to Enlarge Name: QQ??20191218214756.png Size: 30 KB

https://www.mql5.com/zh/signals/672176
  • #1,471
  • Edited 8:01am Dec 19, 2019 7:44am | Edited 8:01am
Quoting zakgr
{quote} Hi I leave in Europe and my forex broker has the New regulation and only leave me 1:30 leverage. (FOREXTIME Is this a problem ?
If you know what you're doing, and understand the immense dangers of leverage, use IC Markets, and thank me later. I have 1:500 leverage on all accounts, but have seen many MyFXBook accounts blown by poor understanding of what leverage is, and does.

To answer the question on if it is a problem or not, you should look at your current capital and position sizes. Here's some back of the fag packet maths (apologies if I get something wrong, I've only been doing this about 5 yrs!):

If you have a €1,000 account, and want to take out a 0.01 lot of EURUSD (€1,000 position, don't forget 1 lot=100,000 of base currency) that will require around €33 of capital in your account with 1:30 leverage, or €2 with 1:500 leverage.

If the position moves +/- 10 pips (daily range can be between 50-100 pips on that pair) you will gain or lose about €1. Now, with 1:30 leverage, thats a 3% change on your position. Happy days, nothing drastic. with your 1:500 leverage, you've just gained or lost 50% of your stake. Imagine if it had moved against you 100 pips in a day! Very easy to quickly lose all your money if you don't know what you are doing with a leveraged account.

TL;DR Leverage is fine if you understand position sizing. Basically, don't place more than 0.01 lots per €1,000 in your account, and you *should* survive everything the market can throw at you.
  • #1,472
  • Dec 19, 2019 9:33am Dec 19, 2019 9:33am
A god thump of rule... Never trade more than 50% of your Margin. That’s included 10 times buy up on the same coin with martingale.
  • #1,473
  • Dec 19, 2019 12:53pm Dec 19, 2019 12:53pm
Is anyone using the Hedge function in Blessing. If so, do you use it to trade an opposite Fx or do you use ti to open a trade on the same Fx just on the opposite
direction after a certain %

Cheers
  • #1,474
  • Dec 20, 2019 9:38pm Dec 20, 2019 9:38pm
Blessing can make money,I ran it with my live small exness account of 67$ from Dec 17,now it is 135$. My colleague ran from Dec 10,now earned 368$.
My demo account is here,I ran several blessings at the same time,so it will make more money. I just give the people here some confidence,no other intensions.
https://www.mql5.com/zh/signals/672176
  • #1,475
  • Dec 21, 2019 3:36am Dec 21, 2019 3:36am
Quoting Bullfroggg
Blessing can make money,I ran it with my live small exness account of 67$ from Dec 17,now it is 135$. My colleague ran from Dec 10,now earned 368$. My demo account is here,I ran several blessings at the same time,so it will make more money. I just give the people here some confidence,no other intensions. https://www.mql5.com/zh/signals/672176


thank you ... but how did you get or reach the good settings ?
  • #1,476
  • Dec 21, 2019 9:35am Dec 21, 2019 9:35am
Quoting richard96816
I finally fixed the holiday bug, I think. At least it seems to display correctly now. Was a hangover from adapting to latest versions of MT4 and preparing for MT5. Mostly compatibility with "#property strict". If you don't use the Holiday feature this shouldn't affect you. {file} Testing and bug reports appreciated. I haven't had a chance to investigate the trend display issue that was reported. It's difficult debugging others code and resisting the urge to rewrite the whole thing. :-) I did change the formatting, but that's easily reversed. Blessing...
Thank you very much for sharing your precious time and knowledge.
I compiled it under MetaEditor V.5.00 build 2143 2019.09.13 after changing method name from "start()" to OnTick() otherwise expert not loaded by MT4 (build 1220) because recognized as indicator. So, I refixed it implementing void OnTick() method calling original start() to maintain compatibility.
Now I will begin optimization process with my broker.
Cheers.
Paolo
Discipline and winning attitude
  • #1,477
  • Dec 21, 2019 10:21am Dec 21, 2019 10:21am
Quoting Bullfroggg
Blessing can make money,I ran it with my live small exness account of 67$ from Dec 17,now it is 135$. My colleague ran from Dec 10,now earned 368$. My demo account is here,I ran several blessings at the same time,so it will make more money. I just give the people here some confidence,no other intensions. https://www.mql5.com/zh/signals/672176
Great post Bullfroggg, glad to see someone posting evidence of Blessing live.

Out of interest how did you get it to trade Gold, I cannot get any of the EAs to trade that particular pair on my IC Markets accounts. I'm guessing its to do with the decimals
  • #1,478
  • Dec 21, 2019 9:42pm Dec 21, 2019 9:42pm
Notice the MaxSpread setting,some platforms have big spread more than the default settings.
And I modified the source and removed some useless fucntions,I think some is no good making money.
You can test on small live accounts to check the setting,if you can make money that is good.If you just backtest locally,It is useless.I can tell you the effects on demo account compared with my live account,just have very small differences. Hope you call make money!
  • #1,479
  • Dec 24, 2019 7:19am Dec 24, 2019 7:19am
Quoting Mcxtrader
Hi Richard, For me trades are not opening for Gold. Any idea or suggestion please. Not even single trade opened so far. Thanks in advance. Thanks, Srinivasan R

the version v3.9.6.09 in Post#1 will trade XAUUSD.

you need to check your account type with your broker and if it allows to trade small lot size 0.01 lot.

some brokers accounts only allow minimum 1.0 lot size.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,480
  • Dec 24, 2019 7:31am Dec 24, 2019 7:31am
Quoting Bullfroggg
Notice the MaxSpread setting,some platforms have big spread more than the default settings. And I modified the source and removed some useless fucntions,I think some is no good making money. You can test on small live accounts to check the setting,if you can make money that is good.If you just backtest locally,It is useless.I can tell you the effects on demo account compared with my live account,just have very small differences. Hope you call make money!
This was it! Cheers Bulfroggg
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