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Most Famous Blessing 3.9.6 EA and Setfiles

  • #601
  • Jan 14, 2019 9:21pm Jan 14, 2019 9:21pm
Good work Richard.

Very nice helpful information you are sharing.

Hey @alexpailott

Please post set files and then graphs. Or else what is the use.

Richard is providing useful and good information, which other traders are able to use.



From my use of Blessing, I have noticed is stick to it and close trading during high volatile news or events. That makes it perform way better.

Consistency comes with slow practise and sticking to it. There is no 100% set and forget EAs. We have to monitor once a while.

Just for stats. - one can make decent income with small 10% per month return. It gives on 213% per annum.

If you have 20% per month- it makes 791% per annum.

So target for traders should be to make that consistently. 20% per month which is 1% per day.

On 1000 deposit 1% is 10.

So having right expectations and targets make us better traders. Blessing is a tool towards our journey to be better traders than last day/week/month/year
  • #602
  • Jan 15, 2019 9:33am Jan 15, 2019 9:33am
Quoting richard96816
{quote} Hey Carlos, I've been studying and building EAs for less than a year. So my real experience is limited. I do lots of research into the concepts and approaches that seem to work for others. From my reading it appears that multi-year back-testing is a hold-over from manual trading. It's a confidence builder and a way to assimilate price-action patterns into the human trader's memory through repetition. There may be markets or pairs that don't change much over time. Those seem pretty rare. The further you go back the further away from today...
Hi Richard,

I would not say your experience is limited but extensive and highly valuable when shared like you have done - you have described a great technique for testing with blessing in a manner that people can understand so many thanks for that. As you say, nobody can predict the future but we can just use the tools and knowledge available to us to give us a better chance to succeed. As you mention this is sound advice.... 1. Tune for a reasonable number of trades. 2. Forward test the result on Demo. 3. If good, trade with a small portion of your account. 4. Remove EAs when they fail. 5. Repeat.

I will be taking what you have shared on board and carry out some testing with the blessing EA, this may take time as I'm in full time work and can only do this for a few hours a week. My dream though would be to trade fx full time but until I have a tried, tested and profitable system then I would never give up the day job just yet...simple money management!! So I do have the drive for this but know my limitations and at the moment I'm concentrating learning from experienced guys like yourself, cdsaa an many other here at FF which will hopefully bring some rewards at a later date.... If I do produce some set files for the blessing EA that look promising after some forward testing, I shall share here.

Cheers
Carlos
"All good things to those who wait"
  • #603
  • Jan 15, 2019 9:43am Jan 15, 2019 9:43am
Quoting richard96816
It may be easier to say which pairs don't work well with Blessing. Smaller list. A small number of pairs don't look so great after a first pass of optimization (Genetic Opt.). Sometimes when I come back to them later and mess with new things in Blessing they tend to look better. If it doesn't at least double the balance per month I usually move on. Unless the equity curve and number of trades is compelling. Or if it's showing 100% winning trades as so often happens with Blessing. Some only look good on certain broker's data. Which may mean they...
Hi Richard
i installed your EA's modified and your setfile. i ran it on AUD/USD and CAD/JPY. It opened 14 positions, 7 profits and 7 losses! no major difference between two pairs and risults were same almost. but losses are much bigger that profits, maybe losses are two time bigger than profits. I'm not programmer, I'm not a pro trader but maybe the EA doesn't open a position in right time! what do you think Richard? any idea or recommendation?
Any way i let go for another day and see what will happen next day.

Best Regards,
Amir
  • #604
  • Jan 15, 2019 8:01pm Jan 15, 2019 8:01pm
Quoting paroucia
{quote} Hi Richard i installed your EA's modified and your setfile. i ran it on AUD/USD and CAD/JPY. It opened 14 positions, 7 profits and 7 losses! no major difference between two pairs and risults were same almost. but losses are much bigger that profits, maybe losses are two time bigger than profits. I'm not programmer, I'm not a pro trader but maybe the EA doesn't open a position in right time! what do you think Richard? any idea or recommendation? Any way i let go for another day and see what will happen next day. Best Regards, Amir
Better EAs that analyze and LEARN are on the horizon. (Probably in use by some already.) Blessing isn't there yet. But by today's standards I think it's quite good. If you know how to use it. If you know how to tune it.

My target is in the realm of 50% / month. My testing suggests that may be possible. (Just thought I'd throw that in ...)

As I've said before you probably shouldn't expect too much from set files created on different broker's data. Probably okay if you start with someone's set file and re-tune on your data. Multi-year optimizing may help, but expect your profits to be lower.

Blessing is very flexible. More tuning options than I have had time to explore yet. When someone suggests a hard and fast rule for trading with Blessing I listen, but I know they haven't tried everything. If you target a specific issue you can usually bend Blessing to your will. Things like draw-downs and minimum account size limitations aren't that hard to overcome. You just have to find the trade-offs that work for you. This is why I'm trying hard to speed up testing.

The updated version of Blessing I posted earlier isn't working quite as smoothly as I'd hoped. I have a better version flying now, that needs some finishing touches yet. Tuning on OBO data for speed and switching to Every Tick data afterwards shows almost exactly the same results! The previous version didn't always do that.

I'll post the new one when it's ready.

Good luck!
  • #605
  • Jan 15, 2019 8:13pm Jan 15, 2019 8:13pm
Quoting richard96816
{quote} Better EAs that analyze and LEARN are on the horizon. (Probably in use by some already.) Blessing isn't there yet. But by today's standards I think it's quite good. If you know how to use it. If you know how to tune it. My target is in the realm of 50% / month. My testing suggests that may be possible. (Just thought I'd throw that in ...) As I've said before you probably shouldn't expect too much from set files created on different broker's data. Probably okay if you start with someone's set file and re-tune on your data. Multi-year optimizing...

very nice look forward to it.
  • #606
  • Jan 16, 2019 1:08am Jan 16, 2019 1:08am
Quoting richard96816
{quote} Better EAs that analyze and LEARN are on the horizon. (Probably in use by some already.) Blessing isn't there yet. But by today's standards I think it's quite good. If you know how to use it. If you know how to tune it. My target is in the realm of 50% / month. My testing suggests that may be possible. (Just thought I'd throw that in ...) As I've said before you probably shouldn't expect too much from set files created on different broker's data. Probably okay if you start with someone's set file and re-tune on your data. Multi-year optimizing...
I hope there will be in touch an "EA that analyze and LEARN" soon and next version of Blessing will be more advanced.

Good Luck Richard
  • #607
  • Jan 16, 2019 6:34am Jan 16, 2019 6:34am
Hi cdsaa, I am new to this thread; love your confidence on blessing3. I prefer to use your provided blessing3.ex4 and your latest .set files.

Could you please share your latest .set files and blessing3.ex4.

Thank you cdsaa.
  • #608
  • Edited 7:07pm Jan 16, 2019 5:10pm | Edited 7:07pm
Here's a more recent version of my modified Blessing:

Attached File(s)
File Type: ex4 b3rf2.1.ex4   289 KB | 649 downloads


Still needs more testing. Still cleaning it up. But if anyone's interested in doing some back-testing and sharing their thoughts it would be appreciated.

Optimize with Open Prices Only on MT4 Strategy Tester. Then do a single pass using the Every Tick data model and compare. Numbers will hopefully be very similar, within a few pennies. That's been my experience so far. Instead of taking days to optimize, it takes just minutes!

The idea is to have Blessing filter the data, so tick data loses all the noise and becomes very similar to Open Prices Only. Tick data becomes unnecessary. Testing and optimization become fast enough to do lots of it. There are lots of currencies and different time-frames waiting to be explored. Many new sources of good profits.

This is a somewhat brute-force modification, so there may be some differences. More testing is necessary. Possibly more issues in higher time-frames. My testing so far is looking good.

Thanks!
  • #609
  • Jan 16, 2019 7:57pm Jan 16, 2019 7:57pm
Quoting richard96816
Here's a more recent version of my modified Blessing: {file} Still needs more testing. Still cleaning it up. But if anyone's interested in doing some back-testing and sharing their thoughts it would be appreciated. Optimize with Open Prices Only on MT4 Strategy Tester. Then do a single pass using the Every Tick data model and compare. Numbers will hopefully be very similar, within a few pennies. That's been my experience so far. Instead of taking days to optimize, it takes just minutes! The idea is to have Blessing filter the data, so tick data...
I will do the test thanks for this modif ea.
  • #610
  • Jan 16, 2019 8:43pm Jan 16, 2019 8:43pm
Quoting richard96816
Here's a more recent version of my modified Blessing: {file} Still needs more testing. Still cleaning it up. But if anyone's interested in doing some back-testing and sharing their thoughts it would be appreciated. Optimize with Open Prices Only on MT4 Strategy Tester. Then do a single pass using the Every Tick data model and compare. Numbers will hopefully be very similar, within a few pennies. That's been my experience so far. Instead of taking days to optimize, it takes just minutes! The idea is to have Blessing filter the data, so tick data...
I run the back test and no doing pretty on GU M5, draw down 44+%

Run GU M1 draw down 41%. Climb pretty high and drop from 22173 to 1400. Is that because of news?
  • #611
  • Jan 16, 2019 11:43pm Jan 16, 2019 11:43pm
Quoting cdsaa
Test results for 2 yrs. 01-04-2016 through to 01-07-2018 EURUSD- H1 - 01-04-2016 through to 01-07-2018 {image} GBPUSD- H1- 01-04-2016 through to 01-07-2018 {image} XAUUSD - M5 - 01-04-2016 through to 01-07-2018 {image} {file} {file} {file}
I found new blessing version, test on GU no good but good on EU. I haven't test on Usdchf.
Attached File(s)
File Type: ex4 b3rf2.1.ex4   289 KB | 528 downloads
  • #612
  • Jan 17, 2019 12:54am Jan 17, 2019 12:54am
Quoting richard96816
Here's a more recent version of my modified Blessing: {file} Still needs more testing. Still cleaning it up. But if anyone's interested in doing some back-testing and sharing their thoughts it would be appreciated. Optimize with Open Prices Only on MT4 Strategy Tester. Then do a single pass using the Every Tick data model and compare. Numbers will hopefully be very similar, within a few pennies. That's been my experience so far. Instead of taking days to optimize, it takes just minutes! The idea is to have Blessing filter the data, so tick data...
Tried it with same setting old vs new one same result!..
Thanks for sharing....
I'm in forward with some setting posted here like GBPCAD and EURNZD but not yet satisfied.. last week good gain this week big loss with GBCAD and huge DD with EURNZD.
Best setting in terms of low dd seems is EURJPY tf 15min (loaded here and with some my modification)
Attached File(s)
File Type: rar EURJPY.set.rar   3 KB | 682 downloads


Do you have something new to test?
Best regards and thanks for your hard work
  • #613
  • Jan 17, 2019 4:00am Jan 17, 2019 4:00am
Quoting richard96816
Here's a more recent version of my modified Blessing: {file} Still needs more testing. Still cleaning it up. But if anyone's interested in doing some back-testing and sharing their thoughts it would be appreciated. Optimize with Open Prices Only on MT4 Strategy Tester. Then do a single pass using the Every Tick data model and compare. Numbers will hopefully be very similar, within a few pennies. That's been my experience so far. Instead of taking days to optimize, it takes just minutes! The idea is to have Blessing filter the data, so tick data...

Richard, many of us using IC Market MT4 demo / live accounts, I wish you test IC Market in near future. For decade, I have been using forex.com & fxcm but one of the post from cdsaa he mentioned using IC Market, I tried and pretty much like it.

I also noticed no one discussed PortionPC except you, $10,000 balance should allow each pair for lot size 0.01 PortionPC to 10%. Or if someone is using $3000 then 3 pairs means each PcPortion to 33.33% but not at all to 100%. Some guys were discussing Java, react, angular ahhh feel i'm home.

However salute to you both cdsaa and Richard. Great work guys....

Has anyone tested Richard's blessing.ex4 + .set file with broker "IC Market"?
  • #614
  • Jan 17, 2019 6:03am Jan 17, 2019 6:03am
The following indicator display profit / loss stats for all open and closed trades.

Change Account History to All History.

This will calculate all basket pairs profit/loss stats for closed trades.
Attached File(s)
File Type: tpl _k7a_(indi_basket_stats).tpl   8 KB | 454 downloads
File Type: ex4 Basket_Stats.ex4   21 KB | 447 downloads
File Type: mq4 Basket_Stats.mq4   7 KB | 500 downloads
  • #615
  • Jan 17, 2019 4:42pm Jan 17, 2019 4:42pm
Quoting leewiean
{quote} I run the back test and no doing pretty on GU M5, draw down 44+% Run GU M1 draw down 41%. Climb pretty high and drop from 22173 to 1400. Is that because of news?
Aloha leewiean,
If the equity curve or number of trades doesn't look good when do a first pass with genetic optimization I usually try another time-frame. Blessing can probably be optimized to fit any time-frame and any currency, but that could be a lot more work. So just move on ...
Fast, easier. There are lots of time-frames to try. You can usually find one that looks good. Higher time-frames test much faster, lower time-frames may give more trades, which I like. Blessing sometimes makes lots of trades in high time-frames, so nothing is certain ... until you test.

We don't usually think about news when back-testing. If the data has a single odd spike that might have been news. Just skip it, or try a different currency or time-frame. I don't actually look at the data much, perhaps I should. I just do lots of testing.

Good luck!
  • #616
  • Jan 17, 2019 5:22pm Jan 17, 2019 5:22pm
Quoting richard96816
{quote} Aloha leewiean, If the equity curve or number of trades doesn't look good when do a first pass with genetic optimization I usually try another time-frame. Blessing can probably be optimized to fit any time-frame and any currency, but that could be a lot more work. So just move on ... Fast, easier. There are lots of time-frames to try. You can usually find one that looks good. Higher time-frames test much faster, lower time-frames may give more trades, which I like. Blessing sometimes makes lots of trades in high time-frames, so nothing is...
Dear Richard, can you tell me which pairs and time frame have you succeeded so far? I use EU on M5 and so far so good and lock with ffcal indicator. Thanks.
  • #617
  • Jan 17, 2019 8:48pm Jan 17, 2019 8:48pm
Quoting cdsaa
Good work Richard. Very nice helpful information you are sharing. Hey @alexpailott Please post set files and then graphs. Or else what is the use. Richard is providing useful and good information, which other traders are able to use. From my use of Blessing, I have noticed is stick to it and close trading during high volatile news or events. That makes it perform way better. Consistency comes with slow practise and sticking to it. There is no 100% set and forget EAs. We have to monitor once a while. Just for stats. - one can make decent income with...

Now I understand why everyone else from old posts are quite now. GBPUSD and XAU preformed well yesterday however EURUSD is in sideways. And I agree with your 1% per day logic. Thanks for everything cdsaa….
  • #618
  • Jan 18, 2019 11:07am Jan 18, 2019 11:07am
Nice ea and any one can please send me the Magar pairs and set file for $100 account
  • #619
  • Jan 19, 2019 6:31am Jan 19, 2019 6:31am
Quoting Afrodeenn
Nice ea and any one can please send me the Magar pairs and set file for $100 account
If you optimize for $1000 you can usually trade at $100 with Blessing, though not always. Good to run a test and verify.

Much depends on your account leverage of course. Best you can do in the US is 50:1. :-( Elsewhere 200:1 is common.

$100 doesn't go nearly as far in a US account.
  • #620
  • Jan 19, 2019 6:48am Jan 19, 2019 6:48am
The sped up version of Blessing is looking better now. Fixed a couple bugs.

I'll post it soon if testing goes well.

Attached File(s)
File Type: pdf strategy tester_ b3rf2.1.2.pdf   116 KB | 739 downloads
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