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  • #921
  • Jul 29, 2019 11:33am Jul 29, 2019 11:33am
Quoting honleong
Thanks for the FREE EA , appreciate it ... BTW I should Ignore the V3, since V5 is the latest EA ?
As far as I understand it all at this point, you use the V5, but you still need to download V3 for the settings files.
  • #922
  • Jul 29, 2019 1:06pm Jul 29, 2019 1:06pm
Watched the videos, set it up, and saw my first trade within about 60 seconds. Buying GBPCAD at 0.9926, 13.53 BST.

I believe I still need to change the time settings to get them to fit in with my timezone. I'll figure that out later today/tomorrow.

I haven't been able to add AUDNZD as my test broker doesn't seem to have it. But right now I'm just learning a bit more about how it works. I'll switch to a broker that has all the pairs needed tomorrow.
  • #923
  • Jul 29, 2019 4:11pm Jul 29, 2019 4:11pm
Apologies if I've missed it in the thread. I've now set up a clean demo on a new broker that has all the pairs needed. What changes do I need to make to the time in the EA/s to fit in with BST?

ADDED: All 4 windows (Three RMI EA and One EA Close All) use the same (123) magic number, correct?

Thanks

David
  • #924
  • Jul 30, 2019 7:08am Jul 30, 2019 7:08am
I tested this yesterday. I prefer v3 in EURUSD
  • #925
  • Jul 30, 2019 9:27am Jul 30, 2019 9:27am
Another question, sorry for so many of them!

Can someone explain why the EA would take a trade on AUDCAD here, but not on NZDCAD, since they look largely identical?

David
Attached Image (click to enlarge)
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  • #926
  • Edited Aug 1, 2019 4:48am Jul 31, 2019 12:48pm | Edited Aug 1, 2019 4:48am
Again I may be misunderstanding the strategy, or possibly missing something, but I wonder why the EA didn't take any buys on this chart (GBPCAD), it looks like there are a couple or entry points here?
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.jpg Size: 680 KB
  • #927
  • Jul 31, 2019 3:35pm Jul 31, 2019 3:35pm
Quoting itsDavid
Again I may be misunderstanding the strategy, or possibly missing something, but I wonder whey the EA didn't take any buys on this chart (GBPCAD), it looks like there are a couple or entry points here? {image}
Hey there,

I had similar questions... The EA is looking for an inside bar immediately following a new high (or low) with the RMI indicator above (or below) the set extreme... So from the earlier post (#926) - the other pair didn't trigger because it's RMI was not low enough (close, but not below...) -- and the post above, the next bar wasn't an inside bar - edit - after looking, the bar that is being created (far right) could possibly trigger, but the previous bar is not higher than the one 4 behind it - so probably no trade...
  • #928
  • Jul 31, 2019 11:26pm Jul 31, 2019 11:26pm
Since the author of this thread is now clearly more intersted in selling his EA instead of ‘giving back’ this thread should be removed and a new one should be opened in the commercial forum section!!!
—-
  • #929
  • Aug 1, 2019 12:44am Aug 1, 2019 12:44am
Quoting ebeckers
Since the author of this thread is now clearly more intersted in selling his EA instead of ‘giving back’ this thread should be removed and a new one should be opened in the commercial forum section!!! —-
If you have been reading ALL of the postings, you would realize that it is more likely that his priority has shifted to his educational pursuits than to marketing an EA that he has already clearly stated is "not ready for prime time".
To free Gazans of Hamas, use whatever it takes.
  • #930
  • Edited 2:54am Aug 1, 2019 2:18am | Edited 2:54am
Quoting ebeckers
Since the author of this thread is now clearly more intersted in selling his EA instead of ‘giving back’ this thread should be removed and a new one should be opened in the commercial forum section!!! —-
And..."You're out of here!" As the umpire (me) says

You of all people should know I've given sooo much to this community over the past 9 years I've been here! Before even posting this thread, I was and continue to be in close contact with the admins here making sure my content on FF stays NONE COMMERCIAL! To continue with these guidelines, I've since removed the any links to my website. Everything people need to trade my FREE and will always be FREE RMI EA, is right here on forexfactory. That's NEVER going to change!

I'll be releasing a new version of the RMI EA later today...
  • #931
  • Aug 1, 2019 4:00am Aug 1, 2019 4:00am
Small contribution in RMI V5 Testing with EUR USD M5
Good Result with 38% DD
10 k to 24k in just one month of testing.
150% Profit in just one Month..!!

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 76 KB
  • #932
  • Aug 1, 2019 4:05am Aug 1, 2019 4:05am
10K to 50K in just 2 months
Drawdown 41% and Profit 400%
EURUSD M5

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 97 KB
  • #933
  • Aug 1, 2019 4:48am Aug 1, 2019 4:48am
Quoting Dogalot7
{quote} Hey there, I had similar questions... The EA is looking for an inside bar immediately following a new high (or low) with the RMI indicator above (or below) the set extreme... So from the earlier post (#926) - the other pair didn't trigger because it's RMI was not low enough (close, but not below...) -- and the post above, the next bar wasn't an inside bar - edit - after looking, the bar that is being created (far right) could possibly trigger, but the previous bar is not higher than the one 4 behind it - so probably no trade...
Thanks, I appreciate the insight.
  • #934
  • Aug 1, 2019 5:08am Aug 1, 2019 5:08am
Quoting Ahmad15
10K to 50K in just 2 months Drawdown 41% and Profit 400% EURUSD M5
I find drawdown over 25% to be especially disturbing, no matter the profit. With 40% drawdown, I would need to have either an account about 10X larger, or trade lots of 1/10 the size.
To free Gazans of Hamas, use whatever it takes.
  • #935
  • Aug 1, 2019 5:33am Aug 1, 2019 5:33am
Quoting DrDave
{quote} I find drawdown over 25% to be especially disturbing, no matter the profit. With 40% drawdown, I would need to have either an account about 10X larger, or trade lots of 1/10 the size.
The combination of 1:500 leverage and using the EA on a pair (and presumably timeframe) it's not designed for might well be the issue!
  • #936
  • Aug 1, 2019 6:48am Aug 1, 2019 6:48am
Quoting Ahmad15
10K to 50K in just 2 months Drawdown 41% and Profit 400% EURUSD M5 {image}
Very good result.
Which parameters did you use in setting?
  • #937
  • Aug 2, 2019 6:18am Aug 2, 2019 6:18am
Quoting Ahmad15
10K to 50K in just 2 months Drawdown 41% and Profit 400% EURUSD M5 {image}
Awesome result !!!
If you don't give up, you will get it..
  • #938
  • Edited 10:26am Aug 2, 2019 7:40am | Edited 10:26am
Quoting ebeckers
Since the author of this thread is now clearly more intersted in selling his EA instead of ‘giving back’ this thread should be removed and a new one should be opened in the commercial forum section!!! —-
sorry - you are wrong
  • #939
  • Aug 2, 2019 12:12pm Aug 2, 2019 12:12pm
Quoting Ahmad15
10K to 50K in just 2 months Drawdown 41% and Profit 400% EURUSD M5 {image}
using the set file settings just on a different time frame - or what are the EA settings?
  • #940
  • Aug 2, 2019 3:36pm Aug 2, 2019 3:36pm
Hello everybody,

I'm still working on a new version/settings for the RMI EA. This version will replace the current V3 and V5. This will be a universal version and I personally think it will easily be my best one yet! It will have manageable DD, a SL and very good profit potential. People like ebeckers are just sad and ungrateful. So let's not be like him.

Anyway, I'll have the new version/settings ready before Monday. So check back here for an update soon! If you know my website you can also find the RMI EA information updated on my website over the weekend. Remember, it WILL ALWAYS BE FREE for anybody to use!
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