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Most Famous Blessing 3.9.6 EA and Setfiles

  • #181
  • Jul 30, 2018 1:55am Jul 30, 2018 1:55am
Quoting jereajali
{quote} Thanks for giving us this blessing. May God reward your kindness. From your post above, do you mean all trades will close out if draw down reaches 50% of the account? Regards Jerry

EmergencyCloseAll-

If this option is made true during the middle of the trade - it will close all positions.
If this option is changed at the beginning, it wont open any trades.

MAXDDPercent - 50%
(this option is for Equity Protection. If the Equity falls below 50% it would close all trades pertaining to that Pair). You can change it to 60%, depending on your tolerance. Usually by 40% drawdown, it is a panic situation. this option is there to protect account. It wont even go towards Margin call from Broker.


Hope that clarifies your question.
  • #182
  • Jul 30, 2018 2:06am Jul 30, 2018 2:06am
Quoting cdsaa
{quote} EmergencyCloseAll- If this option is made true during the middle of the trade - it will close all positions. If this option is changed at the beginning, it wont open any trades. MAXDDPercent - 50% (this option is for Equity Protection. If the Equity falls below 50% it would close all trades pertaining to that Pair). You can change it to 60%, depending on your tolerance. Usually by 40% drawdown, it is a panic situation. this option is there to protect account. It wont even go towards Margin call from Broker. Hope that clarifies your question....
Yes, Thanks
i have tried to start trades with a trend, now i prefer to follow the trend
  • #183
  • Jul 30, 2018 3:37am Jul 30, 2018 3:37am
Quoting blamshakk
hey COGSx86 I have posted my settings below, I am trading the m5 charts, about 14 pairs. Remember to remove the .txt suffix, Forex Factory doesn't allow .set files to be posted for some reason. The demo results screenshot posted has been running since about Oct 2016, so nearly two years, starting balance £3,000, now over £9,000. Have remained on the default 0.01 lot starting size. The dd has gotten a bit hairy sometimes, max was about £-1,200, always recovers. As you can see it can trade successfully over a long period of time over a variety of...
Hi blamshakk

If you can test Oil ,I trade some future?
if you can,pls share you set file

thx a lot.
  • #184
  • Jul 30, 2018 9:45am Jul 30, 2018 9:45am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 47 KB


Poll results, indicate we have only few people giving it a try and putting it on live.


Still we cannot beat Not interested people. Wish one day, that would change.
  • #185
  • Jul 30, 2018 11:00am Jul 30, 2018 11:00am
Quoting cdsaa
{image} Poll results, indicate we have only few people giving it a try and putting it on live. Still we cannot beat Not interested people. Wish one day, that would change.
Hi,

I run live on 1K acount and one 3K account with different settings

//Å
  • #186
  • Jul 31, 2018 4:16am Jul 31, 2018 4:16am
Hope your positions have closed in profit today.

Both EU & GU got into positive Pips.
  • #187
  • Jul 31, 2018 8:32am Jul 31, 2018 8:32am
i put the gold set file into my vps last 2 days, it opened 0.10 lot starting , with ICM demo account. the trade closed profitable but if it was real acc it could been blown up because the lot went to 0.80 or 0.90 lot on XAUUSD haha... it made near 1k usd
  • #188
  • Jul 31, 2018 8:35am Jul 31, 2018 8:35am
Quoting mercilez
i put the gold set file into my vps last 2 days, it opened 0.10 lot starting , with ICM demo account. the trade closed profitable but if it was real acc it could been blown up because the lot went to 0.80 or 0.90 lot on XAUUSD haha... it made near 1k usd
That is scary. 0.10 lot is too big.

I said 0.01 lot size on $3000.
  • #189
  • Jul 31, 2018 8:38am Jul 31, 2018 8:38am
dear cdsaa, it was not my intention to start 0.10 lot, i used your setfile on post 1, wonder why it open that big.
  • #190
  • Jul 31, 2018 8:40am Jul 31, 2018 8:40am
Quoting mercilez
dear cdsaa, it was not my intention to start 0.10 lot, i used your setfile on post 1, wonder why it open that big.
what is your starting balance. is it 100K on demo account.

It uses lot sizing based on that. MM is true, so if the balance is high, it would use calculations.
  • #191
  • Jul 31, 2018 8:49am Jul 31, 2018 8:49am
i see. that explains it. the demo is on 100k
  • #192
  • Jul 31, 2018 12:48pm Jul 31, 2018 12:48pm
Cdsaa,
i started running the EA since yesterday on an Amazon free VPS service (Very many good things can be gotten free still). I have some questions if you can help bring me to speed.
1. While GU was on buy on your trade, GU started selling on mine yesterday. Close +12 Dollars on mine demo account today. Is this Okay? different signals?

2. Only GU has triggered trade so far in mine unlike yours. Any explanation ?

3. I see pending order in Your TE, does the EA use pending order?

4. The XU trades taken on your TE few minutes ago was not triggered in mine at all.


Thanks for the effort you put in here, i appreciate.

Regards
Jerry
i have tried to start trades with a trend, now i prefer to follow the trend
  • #193
  • Jul 31, 2018 1:05pm Jul 31, 2018 1:05pm
Quoting blamshakk
hey COGSx86 I have posted my settings below, I am trading the m5 charts, about 14 pairs. Remember to remove the .txt suffix, Forex Factory doesn't allow .set files to be posted for some reason. The demo results screenshot posted has been running since about Oct 2016, so nearly two years, starting balance £3,000, now over £9,000. Have remained on the default 0.01 lot starting size. The dd has gotten a bit hairy sometimes, max was about £-1,200, always recovers. As you can see it can trade successfully over a long period of time over a variety of...

i asked these questions in the last page, maybe he didn't see it. Please allow me ask it here again.

Thanks for this work. Read through the thread over the weekend and have joined the team. I want to understand your set file better.
1. Which 14 pairs did you run it on?
2. Did you run it on all 14 pairs simultaneously?
3. why did you call it 50 dollars daily?

Thanks
Jerry
i have tried to start trades with a trend, now i prefer to follow the trend
  • #194
  • Jul 31, 2018 1:19pm Jul 31, 2018 1:19pm
Quoting jereajali
Cdsaa, i started running the EA since yesterday on an Amazon free VPS service (Very many good things can be gotten free still). I have some questions if you can help bring me to speed. 1. While GU was on buy on your trade, GU started selling on mine yesterday. Close +12 Dollars on mine demo account today. Is this Okay? different signals? 2. Only GU has triggered trade so far in mine unlike yours. Any explanation ? 3. I see pending order in Your TE, does the EA use pending order? 4. The XU trades taken on your TE few minutes ago was not triggered...
1. GU- buy or sell depends on the time when you started the EA. I might be on BUY few days ago and closed today before market took a nose dive, where you booked profit. It is very normal. just as an example, If you close a trade manually, feeling 20pips is ok manually, EA would open another trade based on next signal - where as initial trade might go into negative and open martingale and slowly come back into profit. It is common in my observation.

2. theres not many trades on EU. my trade explorer shows 1.6% on EU & GU. as i indicated in my first post - EU & GU profit is decent of about 60% to 80% per annum. it is not too high.

3. this uses, pending orders both limit and stop orders. which ever is hit, it would open the order sell or buy.

4. XU, i gave explanation of why am getting more trades on XU and others not getting much on XU. you can refer to previous post on it. I have low spread, & my VPS is 1ms. So i get few additional pips, as well i get few additional signals.
  • #195
  • Jul 31, 2018 1:32pm Jul 31, 2018 1:32pm
Quoting jereajali
Cdsaa, i started running the EA since yesterday on an Amazon free VPS service
Hi Jerry,

I've been curious about Amazon AWS for VPS - what is the throughput/ping from the VPS server to your broker? Since AWS is meant to be Web/Application servers not to mention "free" servers are usually have been given the worse bandwidth - I'm worried about execution speed.
"May the pips be with you!"
  • #196
  • Jul 31, 2018 1:36pm Jul 31, 2018 1:36pm
Quoting maikeru
{quote} Hi Jerry, I've been curious about Amazon AWS for VPS - what is the throughput/ping from the VPS server to your broker? Since AWS is meant to be Web/Application servers not to mention "free" servers are usually have been given the worse bandwidth - I'm worried about execution speed.
if you open 2-3 charts and one MT4, Aws works nice.

when choosing server, you choose location closest to your broker, NY or London or other locations.

Previously i used it, as it gave me 12secs ping time. Not bad for free.

On my vps I don’t use any indicators for visual. I jus use chart and ea. So not much additional resource burden.
  • #197
  • Jul 31, 2018 2:05pm Jul 31, 2018 2:05pm
Quoting cdsaa
{quote} 1. GU- buy or sell depends on the time when you started the EA. I might be on BUY few days ago and closed today before market took a nose dive, where you booked profit. It is very normal. just as an example, If you close a trade manually, feeling 20pips is ok manually, EA would open another trade based on next signal - where as initial trade might go into negative and open martingale and slowly come back into profit. It is common in my observation. 2. theres not many trades on EU. my trade explorer shows 1.6% on EU & GU. as i indicated in...

Thanks for the explanation. it means XU gives the highest number of trades. I notice that the 25pips XU shows on other brokers is actually 2.5 pips simply because some brokers put XU to 3 decimal places. Right now 1224.932 is the current value on my broker (exness) with spread of 22 meaning 2.2. I don't know if its the digit that's affecting it. i have however increased the Max spread in the EA to 100. let me see how it plays out.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #198
  • Jul 31, 2018 2:08pm Jul 31, 2018 2:08pm
Quoting maikeru
{quote} Hi Jerry, I've been curious about Amazon AWS for VPS - what is the throughput/ping from the VPS server to your broker? Since AWS is meant to be Web/Application servers not to mention "free" servers are usually have been given the worse bandwidth - I'm worried about execution speed.
Sincerely yours, i don't know much about VPS and EA as i am just really getting used to them. All i know was that i read somewhere that amazon gives free VPS. So i watched a video on how to set it up on youtube and followed through. i suggest you just try it out to see if its what you like.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #199
  • Jul 31, 2018 10:32pm Jul 31, 2018 10:32pm
Quoting cdsaa
{quote} if you open 2-3 charts and one MT4, Aws works nice. when choosing server, you choose location closest to your broker, NY or London or other locations. Previously i used it, as it gave me 12secs ping time. Not bad for free. On my vps I don’t use any indicators for visual. I jus use chart and ea. So not much additional resource burden.
12 secs. isn't bad I reckon if it for M30 or slower timeframes EAs. For faster timeframes would probably kill it. What VPS are you currently using now?
"May the pips be with you!"
  • #200
  • Jul 31, 2018 10:50pm Jul 31, 2018 10:50pm
Quoting maikeru
{quote} 12 secs. isn't bad I reckon if it for M30 or slower timeframes EAs. For faster timeframes would probably kill it. What VPS are you currently using now?
Now am on same as ICmarkets- CNS - onNet as broker to get faster ping time. Not that blessing needs faster time. 1 hr time frame doesnt really need fast connection.
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