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  • Linked: The Ranger + Vigorous EAs | Demo Account XXXXX72
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  • #881
  • Jul 2, 2019 11:31am Jul 2, 2019 11:31am
Quoting Cubbybgood
I want EVERYBODY to be cautious using V3 of my EA! The GBPCAD pair (by it's self) is just about to hit margin call! What does this mean for the EA? Well, it means the market is changing yet again. The settings that have worked for the past 10 years our now about to be obsolete. I'm showing a DD on the GBPCAD of -91%. All this stemming from the unknown brexit fallout and the continued strong CAD. The RMI EA can still be successfully used with multiple other settings as I and other members have mentioned. Keep in mind, V3 is also using the AUDCAD...
Hi Cubbybgood,

I have been using the V3 forward testing with my demo account since June until now, but i have not see any drawdown as mentioned by you. Is this DD begin in the middle of May?

Is your real account affected in this huge DD? Just want to know that if we are trading with the additional pair of AUDCAD and NZDCAD, will it avoid such a huge DD?

One request, Is it possible that you provide a simple description of how is the EA inputs functions?

Thanks in advance.

Regards,
Miner88
  • #882
  • Jul 9, 2019 5:55pm Jul 9, 2019 5:55pm
Quoting jdva
{quote} RMI EA Update (does anybody know how to turn off the spread alerts?): {image}
You can turn off sound at the alert, always something.

Tools > Options > Events > Double click "Alert", and the sound is gone.

But I agree, an option for turning alerts off would be nice in the future. But hey, we get the EA for free.
  • #883
  • Edited Jul 10, 2019 5:09am Jul 9, 2019 6:44pm | Edited Jul 10, 2019 5:09am
Quick question: I'm just "upgrading" from v3 to v5 of the EA. I've had a look at the installation video, and I think I've got it all right.

RMI EA v5 on GBPCAD 30m. Presets loaded as per instructions, but lot size changed to 0.03 (3000 EUR account). Slippage set to 3. Magic nr. set to 123.
RMI EA v5 on AUDCAD 1h. Presets loaded as per instructions, but lot size changed to 0.06. Slippage set to 3. Magic nr. set to 123.
RMI EA v5 on NZDCAD 1h. Presets loaded as per instructions, but lot size changed to 0.06. Slippage set to 3. Magic nr. set to 123.
Close All EA on EURUSD with presets as per instructions. Magic nr. set to 123.

No rage please, just a quick "yes" or "you fool!" is enough.
  • #884
  • Jul 10, 2019 10:05am Jul 10, 2019 10:05am
v3, should I hold my open positions or close them manually? They have been negative quite a few days now?

http://www.myfxbook.com/members/GodA...dle-v3/3373219
  • #885
  • Jul 10, 2019 10:10am Jul 10, 2019 10:10am
Quoting langhammars
Quick question: I'm just "upgrading" from v3 to v5 of the EA. I've had a look at the installation video, and I think I've got it all right. RMI EA v5 on GBPCAD 30m. Presets loaded as per instructions, but lot size changed to 0.03 (3000 EUR account). Slippage set to 3. Magic nr. set to 123. RMI EA v5 on AUDCAD 1h. Presets loaded as per instructions, but lot size changed to 0.06. Slippage set to 3. Magic nr. set to 123. RMI EA v5 on NZDCAD 1h. Presets loaded as per instructions, but lot size changed to 0.06. Slippage set to 3. Magic nr. set to 123....
I have something similar, but not the Close All EA...
  • #886
  • Jul 10, 2019 11:59am Jul 10, 2019 11:59am
Quoting Dogalot7
{quote} I have something similar, but not the Close All EA...
Why aren't you using the Close All EA? I understand it as vital in this strategy.
  • #887
  • Jul 10, 2019 12:06pm Jul 10, 2019 12:06pm
I have a few other EA's also running - don't want to close those as well. Unless there is a way of isolating them.
  • #888
  • Jul 10, 2019 12:47pm Jul 10, 2019 12:47pm
Quoting Dogalot7
I have a few other EA's also running - don't want to close those as well. Unless there is a way of isolating them.
Use magic number then can isolate them...
Insanityoing same ting over expecting different results..Einstein
  • #889
  • Jul 10, 2019 4:47pm Jul 10, 2019 4:47pm
Quoting FXsniper111
{quote} Use magic number then can isolate them...
Yes, look at my settings for magic number (you need to use the same number on the Close All EA), and be sure not to use the same magic number for other EA's.
  • #890
  • Jul 11, 2019 8:14am Jul 11, 2019 8:14am
Way back in 2012 in another forum, I experimented with using a hedge trade to catch the counter-trend moves, which enabled keeping my trend direction trades open that would then be giving back pip while collecting pips on the hedge trade. This actually worked out well as long as I waa at the computer to manage the trades. When hedge showed it was turning back, I would close it in profit, plus ADD ON a trade to my still running trend trades.

I suspect that incorporating a hedge trade in a similar fashion would be the best solution to the massive drawdown problem. If your hedge trade wnet enough pips against your main trade direction, then at some point it would be worthwhile to close the main trades at a loss and let the hedge trade continue until you got to a specified exit.

Of course of traders in some countries, hedging is not allowed. In that case, you could find a broker that takes clients from your country and allows hedging, or learn to use options, and trade an option in place of the hedge trade.
To free Gazans of Hamas, use whatever it takes.
  • #891
  • Jul 11, 2019 8:17am Jul 11, 2019 8:17am
Quoting DrDave
Of course of traders in some countries, hedging is not allowed. I that case, you could find a broker that takes clients from your country and allows hedging, or learn to use options, and trade an option in place of the hedge trade.
There's that and some countries or trading platforms that won't allow transactions other than FIFO -- First In First Out...
  • #892
  • Jul 13, 2019 7:21pm Jul 13, 2019 7:21pm
Would you happe to know about this indicator and how to create it?
Quoting bingo_bongoo
Today, we got serial number wrong ? {image}
Attached Image(s) (click to enlarge)
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  • #893
  • Jul 14, 2019 1:56pm Jul 14, 2019 1:56pm
Here are last weeks results. Could have been different -- I'm using a small $300 account -- so some of the "second and third" trades didn't trigger due to "not enough funds". I'll be adding some more to the account soon.

Curious why other pairs are not used? Seems like the EA is looking for a common pattern. I'm going to do some backtesting on others to see if I can find a few more that work well...
Attached Image (click to enlarge)
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  • #894
  • Jul 15, 2019 4:15pm Jul 15, 2019 4:15pm
I will be making my TMA EA free to copy (by request) until OCT 25th. I have no plans of how to approach this after that. I'll be hopefully setting this all up in the next 1-2 weeks.

You can see my video update about it here!
https://www.forexfactory.com/showthr...2#post12383532
  • #895
  • Jul 16, 2019 8:07am Jul 16, 2019 8:07am
HI and thanks for giving us the EA. I noticed that it has not placed a short since installing about 3 weeks ago. Only long trades. Anyone know if there is a setting that would cause this or is that how it is?
  • #896
  • Jul 16, 2019 12:13pm Jul 16, 2019 12:13pm
Got this today:

Attached Image (click to enlarge)
Click to Enlarge Name: rmieaopenclose.png Size: 21 KB


Trades open and close at the same moment. Is it because I attached the v5 RMI EA to the charts and not the v3? I have a faint memory of reading somewhere that the v5 EA is only for the GBPCAD? I ran the Close All EA on a separate chart, with the same magic number as the three RMI EA's and a basket TP of 50 pips.
  • #897
  • Jul 16, 2019 12:31pm Jul 16, 2019 12:31pm
Quoting curt53
HI and thanks for giving us the EA. I noticed that it has not placed a short since installing about 3 weeks ago. Only long trades. Anyone know if there is a setting that would cause this or is that how it is?
The only way I can see would be if the high number is set to something higher than the preset 65 -- much higher... What settings do you have?
  • #898
  • Jul 16, 2019 12:41pm Jul 16, 2019 12:41pm
Quoting langhammars
Got this today: {image} I have a faint memory of reading somewhere that the v5 EA is only for the GBPCAD?
E/J and C/J - but on an hourly timeframe. In backtesting, I've found E/U promising. I'll post forward testing results in the future
  • #899
  • Jul 16, 2019 1:53pm Jul 16, 2019 1:53pm
Quoting Dogalot7
{quote} E/J and C/J - but on an hourly timeframe. In backtesting, I've found E/U promising. I'll post forward testing results in the future
Excuse me, but I don't understand your answer.
  • #900
  • Jul 16, 2019 2:02pm Jul 16, 2019 2:02pm
Quoting Dogalot7
{quote} The only way I can see would be if the high number is set to something higher than the preset 65 -- much higher... What settings do you have?
Thanks Dogalot7. Do you mean the sell number? It is set to 65. Should I try lowering that?
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