{quote} Xmess7, I have a problem in backtest, only I'm able to put LotSize every 0.1 Lots, I can't put MicroLots 0.01-0.09. Is because of my broker? I'm on Darwinex.
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Yes. it's the broker limit. The EA has no lot size limitations, other than what the broker requires..
Live Results. 29.4.21 - 22.11.21 (almost 7 months) Already more than 50% profit, even after my risk management triggered a minor drawdown.
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Impressive results! I hope you are running this on a live account. Good pips for you.
I must admit I have my reservations about averaging down strategies, but your results certainly look encouraging. You seem to have found settings that work with a very tight maximum basket drawdown setting of only 5%. That makes the typical "sawtooth equity curve" of such stategies a lot less intimidating than using for example 25% drawdown. Well done!
Hello everyone. Yesterday I started in demo, Daily TF with aprox 20 pairs with last version of Xmess EA. In a month or two months I’m going to post my results with the parametres that I chosed. Maybe the parametres will be different than smileee parametres. I chosed it based on DD below 8% to avoid blow my account.
{quote} I know, maybe for Christmas had a caritative soul.
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The best Xmas gift you will get from me is: Read post #1. Read it again and again. And again. And then the whole thread.
From day 1 I did not change any trading rule.
I use all majors.
The only exception is that I don't trade CHF pairs because of the dramatic surge in the Swiss franc in 2015.
And as I mentioned in the original post #1, regarding body size:
"*110 pips - depends on currency’s volatility. Can be 70 pips for low volatility currencies and on the other hand can be 150 pips for high volatility currencies". Use one of the better EA's which were posted here and do some optimization to find out which suits best for you. Some will use smaller body size to get more trades, but will have more risk in reaching the profit target or breakeven, and some will use bigger bodysize to get high probability for reaching the TP of 1st entry without needing to open baskets for most of the 1st entries.
See ya in the other side of this year. Merry Xmas!
{quote} The best Xmas gift you will get from me is: Read post #1. Read it again and again. And again. And then the whole thread. From day 1 I did not change any trading rule. I use all majors. The only exception is that I don't trade CHF pairs because of the dramatic surge in the Swiss franc in 2015. And as I mentioned in the original post #1, regarding body size: "*110 pips - depends on currency’s volatility. Can be 70 pips for low volatility currencies and on the other hand can be 150 pips for high volatility currencies". Use one of the better...
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Is there any way to replicate this system on lower time frames? In same or mirror- opposite way?
And do you think a strategy which is gives more setups during london NY sessions (High volume sessions) is inherently better than the one that gives approximately same number of setups across the day? (Assuming that both the strategies are not at all derived from numerical use of volume data)
{quote} Is there any way to replicate this system on lower time frames? In same or mirror- opposite way? And do you think a strategy which is gives more setups during london NY sessions (High volume sessions) is inherently better than the one that gives approximately same number of setups across the day? (Assuming that both the strategies are not at all derived from numerical use of volume data)
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I did not check this option.
All can be checked with EA by using optimization for direction, entry time, etc.
Good Morning,
I have a question please for Xmess7
The body candles in your EA3.01 is by default 110 pips for the EA to place an order?
That means that the candle body must as a number 110 pips for any pair or 110% of the average candles of x days before
The strategy of smile is 110% of the candles range of x days before for example 20 days range or body candle ( I don't know which is the more correct, body or range to use be used. I believe the range is better)
Please explain
Thanks
Good Morning, I have a question please for Xmess7 The body candles in your EA3.01 is by default 110 pips for the EA to place an order? That means that the candle body must as a number 110 pips for any pair or 110% of the average candles of x days before The strategy of smile is 110% of the candles range of x days before for example 20 days range or body candle ( I don't know which is the more correct, body or range to use be used. I believe the range is better) Please explain Thanks
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Smilee89 would say "Read post #1. Read it again and again. And again. And then the whole thread."
Hey so whats the current status on this? I saw the impressive backtest on the first page with 80% wins and someone said its possible to do 100% a week. How is the strategy going for you guys?
{quote} Anyway, I would not count on someone who prefer uploading his avatar picture as the man who is believed to be unidentified man who hijacked a Boeing 727 aircraft in the airspace between Portland and Seattle (aka "Dan Cooper").
Can't figure out what is causing some trades to close before reaching tp. I have stopea percent stop set to false, percent stop% is 20 and TP is 20, but some trades are closing before hitting this TP of 20. I am not using any external basket EAs for management, and dailytargetpercent is 0, anyone else experiencing this?
{quote} I did not check this option. All can be checked with EA by using optimization for direction, entry time, etc.
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hey bro, i read through the thread, i have a question here, on post 1 you say $2000= 0.03 then i read where you recommended $2000=0.01 to a member, i just need clarity, i know daily youre developing the strategy
I am what Many Dream to be but only a few can achieve, im a part of the 1%
UPDATE TO EA. If you have version1 or 2, delete those, the candlesize algo is incorrect on those. Folks: The update includes a new input. dailyTargetPercent. If you set dailyTargetPercent>0 then the EA will stop trading for that DAY when it reached that % profit. The EA will then resume trading the next day. I also checked the candleSize condition and made a fix. Attached is a screen shot of a test on AUDUSD DAILY TF. I added the indicator provided in the thread and the results were good, both indicator and EA provided signal at same time. Any questions/comments...
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hi xmess7 and thanks for sharing your EA. I'm using it rela on h1 to speed up my operation a bit and for now I'm not complaining. Just wanted to ask you if it was possible to have the code of your latest EA as you will want to try to enter a few small things to see how the performance could change. Which cross are you using it on? I await your response with interest
{quote} Ok EA UPDATED.... added a recovery function whenever the EA is reloaded. Now, whenever the EA has to be reloaded, it will detect previous open trades and add them back to a created array. This is the same array that is used to keep track of the trades as they happen real time. Last version I see on the thread is v3.0, so I just named this version 3.01. {file}
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bro cant you put TP, when mt4 disconects and reconnects again, the TP doesnt work anymore
I am what Many Dream to be but only a few can achieve, im a part of the 1%
{quote} Ok EA UPDATED.... added a recovery function whenever the EA is reloaded. Now, whenever the EA has to be reloaded, it will detect previous open trades and add them back to a created array. This is the same array that is used to keep track of the trades as they happen real time. Last version I see on the thread is v3.0, so I just named this version 3.01. {file}
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Thanks much for your EA, It seem the EA close all orders when the candle is closed, If I setup chart with daily candle, it must wait to close candle to process take tp or close at BE. Could you clarify it? All function worked well but the TP make me some confuse. Thanks!
