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Attachments: Blessing Multipair EA
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Blessing Multipair EA

  • #161
  • Jan 18, 2020 4:54pm Jan 18, 2020 4:54pm
Quoting ursinho4711
{quote} Hi detector! If you have questions to Blessing itself, there are some threads already treating those questions. There you can also find much (original!) documentation on the EA. Short questions like yours would lead to pages of answers... I did not alter anything in the logic of Blessing. Until now I just took out parts that (I think) do not make sense in a multipair version. {image}
Sorry just my thoughts Ursinhoe, don't want to corrupt the threadD
I don't need to be good at the game, only good enough to beat my opponent,
  • #162
  • Jan 18, 2020 5:02pm Jan 18, 2020 5:02pm
Quoting detector
Sorry
No problem at all!
To be honest it was a good opportunity to note again that in this thread we should discuss multipair issues. That's why I opened this thread out of that one:
https://www.forexfactory.com/showthread.php?t=792598
  • #163
  • Jan 18, 2020 5:38pm Jan 18, 2020 5:38pm
Hello. They could publish the open code of the Ea that works best to add a news filter that works correctly.
  • #164
  • Jan 18, 2020 7:35pm Jan 18, 2020 7:35pm
Next week I will reduce my pairs to trade to following 14 pairs:

AUDJPY,AUDUSD,CHFJPY,EURCHF,EURGBP,EURJPY,EURUSD,GBPCHF,GBPJPY,GBPUSD,NZDJPY,NZDUSD,USDCHF,USDJPY

I found them in a "basket trade" thread (thanks, Richard!). The reason for this combination is, that they hedge each others. I will analyze it on Demo first. Live account is too exciting in that early development stage. Though I made real (not much, but real) win last week.
  • #165
  • Jan 19, 2020 4:59am Jan 19, 2020 4:59am
Quoting ursinho4711
Next week I will reduce my pairs to trade to following 14 pairs: AUDJPY,AUDUSD,CHFJPY,EURCHF,EURGBP,EURJPY,EURUSD,GBPCHF,GBPJPY,GBPUSD,NZDJPY,NZDUSD,USDCHF,USDJPY I found them in a "basket trade" thread (thanks, Richard!). The reason for this combination is, that they hedge each others. I will analyze it on Demo first. Live account is too exciting in that early development stage. Though I made real (not much, but real) win last week.
Many different ways to go with pair selection and orientation.

Correlated pairs will show you one set of behaviors and non-correlated pairs a whole different set.
Non-correlated pairs might be more profitable and simpler, unless you've got a specific hedge scheme in mind.
Non-correlated pairs suggest less chance of news affecting more than one pair, and better diversification. One of the main, easily attainable strengths of a multi-pair Blessing, I suspect.
  • #166
  • Jan 19, 2020 11:29am Jan 19, 2020 11:29am
nice work !
can i ask if will be added more indicators ?
as example make Blessing more trend trading than anything else ..
BB alone dont work (too many false signals) and need a very good trend filter
rsi and stoch are no good for forex
and there are a lot of better choices than cci as trend

yes 1 -5 good trend trades per week in 1 day candle is more profitable than
xxx trades per week in 5min (make profits only for the broker)
Everything flows. Learn to Earn.
  • #167
  • Jan 19, 2020 7:19pm Jan 19, 2020 7:19pm
Quoting ecryptom
nice work ! can i ask if will be added more indicators ?
Hi!
Thanks for the flowers ;-)

To your question: this is something that should be discussed in a "Blessing only" thread. Here is just the try to make a multipair version out of an already existing advisor. Here for example:
https://www.forexfactory.com/showthread.php?t=792598

I do not know how good you are in coding, but adding a new indicator into any blessing version is probably the easiest thing to do in this code.
This was also the first thing I did, when starting to try to understand the Blessing EA.
  • #168
  • Jan 19, 2020 11:50pm Jan 19, 2020 11:50pm
Quoting ecryptom
BB alone dont work (too many false signals) and need a very good trend filter rsi and stoch are no good for forex and there are a lot of better choices than cci as trend yes 1 -5 good trend trades per week in 1 day candle is more profitable than xxx trades per week in 5min (make profits only for the broker)
very helpful:
now we know which indicators don't work (for you?) but not one is mentioned that does work (for you?)
wasn't it customary - at some stage - not just to make claims (a is x) but to give reasons why (I think a is x because of the following reasons...)
arguments, I think, they called it:
An argument consists of a conclusion supported by at least one premise. Both conclusions and premises must be statements, that is, sentences with truth value (i.e., that are capable of being either true or false). The point of an argument is to provide evidence for the conclusion (i.e., show why we should believe the conclusion).
  • #169
  • Edited 5:04am Jan 20, 2020 12:38am | Edited 5:04am
Quoting richard96816
{quote} Many different ways to go with pair selection and orientation. Correlated pairs will show you one set of behaviors and non-correlated pairs a whole different set. Non-correlated pairs might be more profitable and simpler, unless you've got a specific hedge scheme in mind. Non-correlated pairs suggest less chance of news affecting more than one pair, and better diversification. One of the main, easily attainable strengths of a multi-pair Blessing, I suspect.
BS orginal (B3) provides a correlation trade setting that one may select if one feels so inclined!!

Quoting ursinho4711
Next week I will reduce my pairs to trade to following 14 pairs: AUDJPY,AUDUSD,CHFJPY,EURCHF,EURGBP,EURJPY,EURUSD,GBPCHF,GBPJPY,GBPUSD,NZDJPY,NZDUSD,USDCHF,USDJPY I found them in a "basket trade" thread (thanks, Richard!). The reason for this combination is, that they hedge each others. I will analyze it on Demo first. Live account is too exciting in that early development stage. Though I made real (not much, but real) win last week.
i've got my filtered pairs running on a better broker this week, will update Friday if it works out.

if people are wondering about lot sizes and pairs then the document also talks about that, read: Portion Control.
Attached File(s)
File Type: pdf blessing-3-v3.7-manual.pdf   1.3 MB | 961 downloads
grist for the mill
  • #170
  • Edited 2:55am Jan 20, 2020 1:26am | Edited 2:55am
Quoting richard96816
{quote} Many different ways to go with pair selection and orientation. Correlated pairs will show you one set of behaviors and non-correlated pairs a whole different set. Non-correlated pairs might be more profitable and simpler, unless you've got a specific hedge scheme in mind. Non-correlated pairs suggest less chance of news affecting more than one pair, and better diversification. One of the main, easily attainable strengths of a multi-pair Blessing, I suspect.
First one has to say that correlation changes over time and across TFs (simply check different TFs on correlation sites)
Second:
Trading correlated pairs doesn't make all that much sense because
a) if pair one does well, the correlated pairs will do well by factor x (depending on correlation)
b) if pair one does badly, the correlated pairs will do badly by factor x (depending on correlation)
- of course, this is somewhat oversimplified but it explains the general idea of the principle behind correlations.
So: one would be better off using only the pair with the smallest slippage and adjust lot-size accordingly.
Third:
In a drastic event ("black swan") all pairs will be correlated. (Check historic evidence or read the books by Taleb, Nassim Nicholas)
  • #171
  • Jan 20, 2020 5:01am Jan 20, 2020 5:01am
Quoting ursinho4711
Thanks Richard! This is how I wanted the thread to run: as an open discussion about an open source. I am not the blessing programer. The approach is (still) to make the EA easier to handle and to overview when trading some pairs at the same time. I know that there is no set-file that works perfectly on all pairs. But maybe there is a setting that works good enough for many pairs. In the blessing thread I found this 5-minute timeframe setting that, according to the user, works well since three years on 14 pairs or so. Not making THE huge wins, but...
Interesting ideas on this thread - very exciting to read!

i don't have a lot of experience writing EAs but otherwise have been programming for a few years now. Here are my thoughts:
I imagine the Blessing Dashboard to be an overarching aggregator/controller over multiple (implicit) instances of Blessing EA running for different pairs. It would be nice to keep the configuration of the overarching Dashboard relevant. I like Richard's earlier suggestion that each of those instances can be optimized separately. In absence of pair-specific optimization the EA can use a default set (which is similar to applying common set across pairs). I think it might be cool for the Blessing Dashboard to continuously assess which pairs are working well and boost trades on those pairs.
Liked the idea with auto-optimization but not sure how that is possible with MT4 APIs - that would very smart, I think. On a separate note, I just started to toy around with automated optimization of Blessing

Excellent effort to extent Blessing to an exciting direction!

/RATH
  • #172
  • Jan 20, 2020 7:16am Jan 20, 2020 7:16am
opened trades -26.XX , closed trades 37.XX on demo
Attached Image (click to enlarge)
Click to Enlarge Name: 20120 bless trades.png Size: 186 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20120 bless tradesclosed.png Size: 186 KB
LUCKY golden trades, LUCKY gold investor trading style
  • #173
  • Jan 20, 2020 7:21am Jan 20, 2020 7:21am
Quoting ursinho4711
Remember that post? https://www.forexfactory.com/showthr...7#post12551567 Well, I used the settings and made a backtest from 01.Nov.2019 to 10.Jan.2020. 5 Minutes timeframe, for all 28 pairs. What can I say: that already looks like the winner to be tested on the Blessing-Multipair. Can't wait for Sidney open... Here are the results: {image}
Hey how are you backtesting multi pair when mt4 can only test one pair at a time?
  • #174
  • Jan 20, 2020 7:39am Jan 20, 2020 7:39am
Quoting ultax
{quote} Hey how are you backtesting multi pair when mt4 can only test one pair at a time?
I was backtesting one pair at the time. Using the "OncePerBar" in the EA and "Open Prices only" in the tester, this is quite fast.
Should not make any difference in theory (not taking timing issues into account), as the EA is running all pairs one after the other in a big for-to loop.
The only things I cannot test in backtest MT4 is the multipair functionality. I do this live on a demo.
User fxtrue (thank you!) supplied a translated version into mql5 to me. Did not have time to test yet, though... (holidayyyyys!)
  • #175
  • Jan 22, 2020 9:02am Jan 22, 2020 9:02am
Hello, I just set up an ICMarkets demo account, trading the 28 most important pairs. Curious to see how that will develops.
Greetings
Peter
  • #176
  • Jan 22, 2020 2:11pm Jan 22, 2020 2:11pm
Quoting fx4money
opened trades -26.XX , closed trades 37.XX on demo {image} {image}
Hi,
Pls clarify if we have to attach the EA with all charts of 28 currency pairs or attach the same with only pair.
  • #177
  • Jan 22, 2020 4:55pm Jan 22, 2020 4:55pm
Quoting kzean
{quote} Hi, Pls clarify if we have to attach the EA with all charts of 28 currency pairs or attach the same with only pair.
No! Only one chart! That's the idea of the multipair...
  • #178
  • Edited 9:14pm Jan 22, 2020 7:14pm | Edited 9:14pm
Removing GBP and JPY due to risk events might be a good idea after all as AllPairs is in deep short GBP!!
grist for the mill
  • #179
  • Jan 22, 2020 8:02pm Jan 22, 2020 8:02pm
Quoting JackJones
Removing GBP and JPY due to risk events might be a good idea as AllPairs is in deep short GBP!!
I am back to "Demo only" from today on. At least the Beta-Version did not do anything bad and I came out with a small profit (5%) after 8 trading days. Better than -1% from the ECB...
  • #180
  • Jan 23, 2020 9:42am Jan 23, 2020 9:42am
Quoting ursinho4711
{quote} I am back to "Demo only" from today on. At least the Beta-Version did not do anything bad and I came out with a small profit (5%) after 8 trading days. Better than -1% from the ECB...
Hy... i'm in testing last version but backtesting for just one pair i've different result comparing with last blessing 3.96.13.beta... many more orders ... i supposed logic and code are quite the same...so i'm expecting same result but no way... any suggests?
I've checked my set file many time and no difference...
Any suggestion?
Thanks
Regards
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