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  • #1,401
  • Dec 28, 2019 10:58am Dec 28, 2019 10:58am
Quoting Cubbybgood
BlastBands EA V2.5 Just Released Today And It's A Giant! Changes. 1. Now uses the TMA indicator for more accurate trades 2. Flex Grid money management 3. Volatility filter that widens the grid when the market picks up speed 4. No longer trades on GBP pairs 5. Lower exposure trading just 3 pairs now 6. Lowered TP per trade for safer long-term trading 7. More successful backtests 8. At least 2X as profitable as the old V1 of the EA 9. Trades the M1 time frame now 10. Takes 2X more trades than the old V1 of the EA Head over to Bestfreeforexea.com...
Cubbybgood,
Massive crash on December 4th, though. What could have caused it, as I see no mention of it anywhere in this thread?
  • #1,402
  • Dec 29, 2019 5:47am Dec 29, 2019 5:47am
Hi There,
Got this message when I tried to test Blast Bands myself on MT4, FX Choice demo:

2019.12.29 12:28:50.066 2019.08.01 00:00:12 Testing pass stopped due to a critical error in the EA

Would like to know what the "critical error" is.
Thanks,
  • #1,403
  • Edited 8:01am Dec 29, 2019 7:19am | Edited 8:01am

My coder and I finally did it!

We've created a Blastbands version that makes 10-15% a month and is as solid as a rock!


BlastBands V3.7 finally does what everybody has been wanting. A Safer EA that makes 10-15% a month. We've done this by giving the EA a new smart martingale sequence. This ultimately has made the EA MORE profitable while bringing the risk profile and exposure WAY down! As mentioned before, nothing is ever bullet proof but this is as close as we've gotten with this EA!


We urge you to backtest and demo test it!



Download BlastBands V3.7 at

BestFreeForexEA.om

  • #1,404
  • Dec 29, 2019 7:51am Dec 29, 2019 7:51am
Quoting Cubbybgood
My coder and I finally did it! We've created a Blastbands version that makes 15-20% a month and is as solid as a rock! BlastBands V3.7 finally does what everybody has been wanting. A Safer EA that makes 15-20% a month. We've done this by giving the EA a new smart martingale sequence. This ultimately has made the EA MORE profitable while bringing the risk profile and exposure WAY down! As mentioned before, nothing is ever bullet proof but this is as close as we've gotten with this EA! We urge you to backtest and demo test it! Download BlastBands...

Thank you for the newest version. I agree with your statement to demo test. I would recommend demo testing for a month or 2 before going live.


Jeff
I EAT PIPS
  • #1,405
  • Dec 29, 2019 7:58am Dec 29, 2019 7:58am
Quoting jshear
What pairs does it run on? The manual says 3 pairs and V 3.5 was 5 pairs? Also the 10 pips orders setting is set to false is this correct? Thanks Jeff {image}
We recommend running V.3.7 on just the EURUSD to insure a VERY low spread.
Attached File(s)
File Type: pdf BlastBand_EA_V3.7_Manual.pdf   294 KB | 1,341 downloads
  • #1,406
  • Dec 29, 2019 8:12am Dec 29, 2019 8:12am
Quoting Cubbybgood
{quote} We recommend running V.3.7 on just the EURUSD to insure a VERY low spread. {image}
If your running only 1 pair you shouldn’t need the manage EA as the single EA on one pair will do the same closure. The manage should only be needed for 2 or more pairs.
I EAT PIPS
  • #1,407
  • Dec 29, 2019 8:15am Dec 29, 2019 8:15am
Quoting jshear
{quote} If your running only 1 pair you shouldn’t need the manage EA as the single EA on one pair will do the same closure. The manage should only be needed for 2 or more pairs.
I'm keeping this in the manual for now just in case we want to add more pairs down the road. It will be easy for people to just pop the BlastBands onto another pair and the manage_profit_EA will be ready to go.
  • #1,408
  • Dec 29, 2019 8:37am Dec 29, 2019 8:37am
Can you please show us a back test result. I ran it 3 times with poor results for 2019 year.


Thanks

Jeff
I EAT PIPS
  • #1,409
  • Dec 29, 2019 9:29am Dec 29, 2019 9:29am
Quoting Cubbybgood
{quote} We recommend running V.3.7 on just the EURUSD to insure a VERY low spread. {image}
Do you think 300 euro with 1:300 on euro usd it will work?
  • #1,410
  • Dec 29, 2019 9:41am Dec 29, 2019 9:41am
Please could you show backtesting results, especially DD?
  • #1,411
  • Edited Dec 30, 2019 12:32am Dec 29, 2019 10:16pm | Edited Dec 30, 2019 12:32am
Hi,
1. What is the final list of pairs to be attached with BlastBands_EA_V3.7 EA.
2. Is Base balance of $1000 for single attached pair (leverage 1:5000).
3. How many maximum pairs can be attached with an account of $1000, $5000 and $10,000.
5. For an account of $5000, what would be the base lot(0.01 or 0.05) and base balance of each attached pair(1000 or 5000).
6. Can GBP pairs be added.
  • #1,412
  • Dec 30, 2019 6:15am Dec 30, 2019 6:15am
Quoting jshear
Can you please show us a back test result. I ran it 3 times with poor results for 2019 year. Thanks Jeff
Sure! I ran one already and it hit a profit of about 100% for the year 2019. The unfortunate thing is V3.7 is currently in DD with this end of the year USD selling.

All trades automatically close at the end of the of the Strategy test phase. Again, it's showing a loss because the EURUSD has not recovered yet.

More tests coming...
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester.gif Size: 10 KB
  • #1,413
  • Dec 30, 2019 6:17am Dec 30, 2019 6:17am
Quoting wpacino
{quote} Do you think 300 euro with 1:300 on euro usd it will work?
This is something you can run a few tests on to see if $300 could work. I typically run all my tests starting with $1000. Usually my starting balance size.
  • #1,414
  • Dec 30, 2019 6:19am Dec 30, 2019 6:19am
Since you don’t have a reference account yet I want to make sure it’s working properly.
Attached Image (click to enlarge)
Click to Enlarge Name: 5AC45648-C896-46AF-B22C-B765471DF0CA.png Size: 2.5 MB
I EAT PIPS
  • #1,415
  • Dec 30, 2019 6:25am Dec 30, 2019 6:25am
Quoting kzean
Hi, 1. What is the final list of pairs to be attached with BlastBands_EA_V3.7 EA. 2. Is Base balance of $1000 for single attached pair (leverage 1:5000). 3. How many maximum pairs can be attached with an account of $1000, $5000 and $10,000. 5. For an account of $5000, what would be the base lot(0.01 or 0.05) and base balance of each attached pair(1000 or 5000). 6. Can GBP pairs be added.

1. Right now, we're only working with the EURUSD pair with V3.7. More pairs may be added on later.
2. $1000 is for just the EURUSD. If we add more pairs later, we won't need more than a total $1000 account balance for all pairs together.
3. Just the EURUSD right now. We need to assure the EA is safe to use on other pairs before recommending using them.
4. Base lot would be 0.05.
5. Right now we're not using the GBP pairs but this could change later on.
  • #1,416
  • Dec 30, 2019 9:03am Dec 30, 2019 9:03am
Here is our latest SL Version test! This will be BlastBands V3.8! The test runs the full year of 2019 using a -20% loss cut off.

Test shows over +70% profit with only -13.70% DD.

Finally, we'll have a SL built into this strategy. It will be set at -20% of the account. Again, the test ended in DD. Stil waiting for the EU to recover a bit...

V3.8 wil be released later today. The great thing about this version is we will likely be able to bring in MANY more pairs beause of the SL protection. I'm considering calling this V4.0 because of how big of an update it is including a stop loss and all.
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester1.gif Size: 10 KB
Attached File(s)
File Type: zip Test.zip   115 KB | 352 downloads
  • #1,417
  • Edited 9:48am Dec 30, 2019 9:37am | Edited 9:48am
I am noticing your not using default settings? 10 grid orders is set to true on yours. The default is false? Also the martingale is not the same as the default is linear in steps and yours is set to multiplier. Please before you release a new version make sure the default settings are the same as the ones you are using.

PS your back test says V 3.7


Thank you

Jeff
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2547D62A-6540-4B6B-BEED-CA2A4464A309.png Size: 723 KB
Click to Enlarge Name: F48677CE-AE01-4723-BB74-BDDC7E0B74FE.png Size: 2.8 MB
I EAT PIPS
  • #1,418
  • Dec 30, 2019 9:46am Dec 30, 2019 9:46am
Quoting jshear
I am noticing your using not default settings? 10 grid orders is set to true on yours. The default is false? Also the martingale is not the same as the default as default is linear and yours is not? Please before you release a new version make sure the default settings are the same as the ones you are using. Thank you Jeff {image} {image}

Of course! Only a couple settings are different. I want to make sure the SL setting is solid before the settings are released. We’ve been wanting a SL on this system since the beginning!
  • #1,419
  • Dec 31, 2019 2:44pm Dec 31, 2019 2:44pm
Found areas of major DD for your review. Backtest was from May 2008 to February 2009.
Attached Image (click to enlarge)
Click to Enlarge Name: Results 5.1.2008-1.31.2009.JPG Size: 177 KB
  • #1,420
  • Jan 1, 2020 11:18am Jan 1, 2020 11:18am
In my opinion this EA should not be traded live yet only on demo as it seems we are all beta testers until a final polished version is released. Too many updated versions keep coming out with changes. I would want to see a stable release on demo for at least 2 months before I try it live. Also back test mean nothing as you can’t back test how this EA does with multiple pairs. Only forward test.


Jeff
I EAT PIPS
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