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Most Famous Blessing 3.9.6 EA and Setfiles

  • #2,921
  • Jan 9, 2022 3:50am Jan 9, 2022 3:50am
Quoting richard96816
{quote} That setup is designed to work with MT5, optimizing all parameters at once. MT4 does not have the capacity to do that. It will tell you to reduce the number of parameters and refuse to run. I've actually posted some similar, though more limited MT4 stuff in this list years ago and miles back. Optimizing Blessing with MT5 is a whole lot better in soooo many ways. Get yourself a copy and give it a try. You don't need a live account, demo seems to work fine. A fast computer does help, but patience will get you there too. Yes, I know this is...
Hy could you share a kind of base optimization set file as you did with mt4 ones? I mean a set file to start optimiztion process avoid some useless parameters from your experience?
Thanks Regards
  • #2,922
  • Jan 9, 2022 4:13am Jan 9, 2022 4:13am
Quoting cescof
{quote} Hy could you share a kind of base optimization set file as you did with mt4 ones? I mean a set file to start optimization process avoid some useless parameters from your experience? Thanks Regards
I'm sorry I'm not understanding what you want. I think that's pretty much what I just posted.
  • #2,923
  • Jan 9, 2022 4:38am Jan 9, 2022 4:38am
Reminder: MT4 and MT5 set files are not compatible. One will not work with the other. I think they will quietly load, perhaps without errors, but they won't work at all.

There are a few translators available, I'll see if I can come up with one more accessible to everyone. Mine currently runs on Linux.

I'm convinced optimizing on MT5 is the way to go. Even if you're trading on MT4. Fiddling with two different systems and conversions between them is a hassle, but the testing capability and tons of apparently good data that come with MT5 make this much easier. Optimizing on MT4 is a much bigger hassle and the data is not nearly as good.
  • #2,924
  • Jan 10, 2022 4:09am Jan 10, 2022 4:09am
Quoting mring16
{quote} Hi richard96816 Yes I think you're right. I should have tried it out a long time ago. I know it's easier to test multiple pairs in one hit as well Thanks for the push Blessings to you
Becoming familiar with a whole new platform is a pain. MT5 has way too many gratuitous incompatibilities. And it's not nearly as fast as it should be. I really think they may have slowed it down on purpose. But, the advantages are undeniable.

You really can do a one pass optimize over the last three or four months and go live with the results. And you can convert the resulting set file to MT4 format and trade it live there. Though you may want to do a sanity check first.

Perhaps most importantly, MT5 has much better data, including actual spreads. Each chart or optimization immediately provides access to years of data for all time frames. My MT4 brokers barely go back a month!

It's all so easy and fast now it's helpful to optimize for the exact account or 'portion' and margin while you're at it. The first set file I moved to MT4 I was surprised, it was still winning, but the trades were only making tiny profits, $0.50 each. I forgot to adjust for the much lower margin on silly US brokers.

A heads-up, I've also found that while Blessing money management automatically adjusts size according to account growth, it sometimes impacts profitability performance a little. So I do tend to optimize for all parameters now, including PortionPC or account size.

It's not in the manual, but if you set PortionPC to a number larger than 100 it tells Blessing to use that as the account size instead of a percentage of the actual account. It must be equal to or larger than the actual account size, of course. Very handy! Especially for those of us that like to trade quite a few pairs on one account. Diversification smooths out your equity curve. More fun!

So if you trade 10 pairs on a $10,000 account and set each PortionPC to $1,000 you're way smarter than the average trader. And more consistently profitable.

Let me know if there's interest in the MT5 to MT4 set file converter.

Good luck!
  • #2,925
  • Jan 10, 2022 4:41am Jan 10, 2022 4:41am
Quoting richard96816
{quote} Becoming familiar with a whole new platform is a pain. MT5 has way too many gratuitous incompatibilities. And it's not nearly as fast as it should be. I really think they may have slowed it down on purpose. But, the advantages are undeniable. You really can do a one pass optimize over the last three or four months and go live with the results. And you can convert the resulting set file to MT4 format and trade it live there. Though you may want to do a sanity check first. Perhaps most importantly, MT5 has much better data, including actual...
Hi richard 96816
Thanks for the heads up and all the helpful explanation. This ea is a jungle. There are so many parameters!!!!
An amazing job for even a paid ea. Some piece of work.
I haven't started this nuclear reactor yet.
Thanks to you and all the community. God bless you all!

Yes I would love the converter to mt4 and any other set files if you have handy. It's going to be easier if I run the set files and then maybe a little easier to learn the settings
Thank you
  • #2,926
  • Jan 10, 2022 10:53am Jan 10, 2022 10:53am
Hi Gents,

I was playing around with other EAs the whole year of 2021 (with not so bad outcome), but decided to diversify my portfolio 2022 a little more with Blessing EA and Forex Pairs. So I started trading today on an almost fresh account with EURUSD on H1 with Blessing. I#m going conservative with a 30-60% gain per year. Let's see what we get

Regards, Toaster
  • #2,927
  • Jan 11, 2022 5:05am Jan 11, 2022 5:05am
It appears I made a mistake on the recent set file (Optimize-MT5.set).

I somehow switched some parameters around and allowed the stop loss (SLPips) to possibly be optimized to off (less than 1). You may be okay with that, but I prefer to use a stop loss these days.

Here's a better one ...
Attached File(s)
File Type: txt Optimize-v2-MT5.set.txt   2 KB | 416 downloads
  • #2,928
  • Jan 11, 2022 7:06am Jan 11, 2022 7:06am
Quoting richard96816
It appears I made a mistake on the recent set file (Optimize-MT5.set). I somehow switched some parameters around and allowed the stop loss (SLPips) to possibly be optimized to off (less than 1). You may be okay with that, but I prefer to use a stop loss these days. Here's a better one ... {file}
Thx Richard for your share...
  • #2,929
  • Jan 11, 2022 7:18am Jan 11, 2022 7:18am
Quoting richard96816
It appears I made a mistake on the recent set file (Optimize-MT5.set). I somehow switched some parameters around and allowed the stop loss (SLPips) to possibly be optimized to off (less than 1). You may be okay with that, but I prefer to use a stop loss these days. Here's a better one ... {file}
I tried a BT from 2013 until today... eventually I do a mistake.. but my data are 100% quality .. hmm
Richard any idea or hint? thx for the help in advance

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  • #2,930
  • Jan 11, 2022 2:22pm Jan 11, 2022 2:22pm
Ive been getting this mistake on the MT5 version, been playing around with the ichi stuff

GO 2 22:18:24.883 Core 1 genetic pass (0, 285) tested with error "wrong timeframe request in Open Prices mode" in 0:00:00.001

Any ideas?
  • #2,931
  • Jan 11, 2022 2:44pm Jan 11, 2022 2:44pm
Quoting Pandatronix
Ive been getting this mistake on the MT5 version, been playing around with the ichi stuff GO 2 22:18:24.883 Core 1 genetic pass (0, 285) tested with error "wrong timeframe request in Open Prices mode" in 0:00:00.001 Any ideas?
you need every tick not open price
  • #2,932
  • Jan 11, 2022 6:04pm Jan 11, 2022 6:04pm
Quoting hhloverhh
{quote} you need every tick not open price
My apologies, Blessing is still not compatible with MT5's Open Prices Only. I'm not sure why. And at the moment I'm too busy to look.

Just use '1 minute OHLC'. Works fine.

Don't use every tick. That will take ages to finish and with no real advantage.

Good luck!
  • #2,933
  • Jan 11, 2022 6:09pm Jan 11, 2022 6:09pm
Quoting hhloverhh
{quote} I tried a BT from 2013 until today... eventually I do a mistake.. but my data are 100% quality .. hmm Richard any idea or hint? thx for the help in advance {image} {image} {image}
Best not to test over a zillion years when doing initial tests, when testing a couple months instead will save tons of your time.

And see if the Journal holds any clues when problems arise.


Good luck!
  • #2,934
  • Jan 11, 2022 7:32pm Jan 11, 2022 7:32pm
Quoting richard96816
{quote} My apologies, Blessing is still not compatible with MT5's Open Prices Only. I'm not sure why. And at the moment I'm too busy to look. Just use '1 minute OHLC'. Works fine. Don't use every tick. That will take ages to finish and with no real advantage. Good luck!
open price was testing pandatronix not me.. I was testing with every tick with real data
  • #2,935
  • Jan 12, 2022 2:59am Jan 12, 2022 2:59am
Quoting richard96816
{quote} Blessing is free and public domain. You have everything you need to test it out for yourself. It's not a product for sale and this is not a paid forum. Blessing is a cooperative effort going back many years. I'm happy to hear there are no live account statements advertising the efficacy of this tool. We're not selling anything or hoping to start a stampede, just enjoying a good tool and contributing to it's improvement and sharing ideas. There are various commercial EAs available for purchase elsewhere, perhaps with the level of performance...
Hi richard
Just a quick question
If I am trading the 5m chart or the daily chart is it advisable for me to change the array and grid size?
I don't want the grid to be say 16 32 64 and change to 8 16 32?
What are your thoughts on that. I know the risk is going to change!
  • #2,936
  • Jan 13, 2022 7:51pm Jan 13, 2022 7:51pm
Quoting mring16
{quote} Hi richard Just a quick question If I am trading the 5m chart or the daily chart is it advisable for me to change the array and grid size? I don't want the grid to be say 16 32 64 and change to 8 16 32? What are your thoughts on that. I know the risk is going to change!
Hi
Can anyone advise me how to adjust the grid size on the Blessing ea please?
Thanks
Malcolm
  • #2,937
  • Jan 14, 2022 2:33am Jan 14, 2022 2:33am
Quoting mring16
{quote} Hi Can anyone advise me how to adjust the grid size on the Blessing ea please? Thanks Malcolm
Search manual and study below three parameters:

GridSetArray
AutoCal
GAF
  • #2,938
  • Jan 14, 2022 8:09pm Jan 14, 2022 8:09pm
Quoting richard96816
{quote} I appreciate your input. I'm more concerned about not having enough trades than having too many. None of my brokers seem to care if I scalp or not. Money is money. I like having one or two scalpers in the mix so there's always some activity ... :-) I just whipped this one out for fun and discussion. I'm not trading it. Profit factor too high? Wow! There are all kinds of ways to trade. And I appreciate the input from the folks that have apparently studied the magic Profit Factor numbers to death. My most successful live systems had infinite...
Dear senpai!
I will try, just got back to the city, pretty busy making money in real life lol.
Do you still testing forwalk in demo account, or straight up with real money like before.
On my way!
  • #2,939
  • Jan 14, 2022 8:16pm Jan 14, 2022 8:16pm
Quoting phrixusong
{quote} Search manual and study below three parameters: GridSetArray AutoCal GAF
Thank you so much
I appreciate that
Malcolm
  • #2,940
  • Jan 14, 2022 8:29pm Jan 14, 2022 8:29pm
Quoting phrixusong
{quote} Search manual and study below three parameters: GridSetArray AutoCal GAF
Hi
Are you aware of anyone using Blessings on BTC or any set files for BTC?
Thanks
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