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MarketMakerPRO EA

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  • Post #141
  • Quote
  • May 21, 2020 4:34am May 21, 2020 4:34am
  •  WillemJvR
  • | Joined Feb 2017 | Status: Member | 2 Posts
Hi Paul

Thankyou for the hard work and sharing with US

I will Follow

REgards

Willie
 
 
  • Post #142
  • Quote
  • May 21, 2020 10:23pm May 21, 2020 10:23pm
  •  rskdev
  • | Joined May 2018 | Status: Member | 42 Posts
Hi Paul,

Thanks for the latest update. EA is running well now. Still watching it though for high DD. Everyone should definitely use a VPS service for this EA. I was also running another Demo on my home PC. But got a power cut. After that is when the EA had problems when it restarted.
I am just letting it run. Do its own thing. Not intervening with it.

Be Safe,
Thanks,
Robert

BEST VPS-LOW LATENCY-AFFORDABLE-FAST AND EASY SETUP-EXCELLENT CUSTOMER SUPPORT
https://portal.pivps.com/aff.php?aff...key=order_page
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  • Post #143
  • Quote
  • May 23, 2020 9:45am May 23, 2020 9:45am
  •  Dkmillion
  • | Joined Dec 2009 | Status: Member | 178 Posts
Will it be a good idea to trade on Monday 25 May with the US holiday?
 
 
  • Post #144
  • Quote
  • May 24, 2020 8:04am May 24, 2020 8:04am
  •  BinaryBossIn
  • | Joined May 2020 | Status: Junior Member | 1 Post
Hi Paul,
Can I have Telegram group details..

Thanks...

P.S. Found it.. Thanks..
 
 
  • Post #145
  • Quote
  • May 24, 2020 4:47pm May 24, 2020 4:47pm
  •  Paulfmpro
  • | Commercial Member | Joined Apr 2020 | 98 Posts
Hi fellas,

I hope you had a great weekend. There is another update in the first post. As we had a last rough week I decided to add one more feature. Now you can type in a certain lot size on the chart. You can enter a value and press the position alert button. Once an order is placed equal to the defined value or higher you will receive an alert. Also the logo is now in the upper right corner.

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MarketMakerPRO Return This Week: na
 
 
  • Post #146
  • Quote
  • Edited 9:07am May 25, 2020 2:05am | Edited 9:07am
  •  rp4k
  • | Joined May 2020 | Status: Junior Member | 7 Posts
i did some backtesting on this EA because it caught my attention , and i thought this EA could be very profitable. i did from 5/1-5/22 just to see how it would have preformed this month in testing all the markets. and i made sure to set my balance to $500. i am now Forward testing

--------
Posted edited because i forgot to reading OP clearly.

- Sorry Paul.
 
 
  • Post #147
  • Quote
  • May 25, 2020 5:51am May 25, 2020 5:51am
  •  Paulfmpro
  • | Commercial Member | Joined Apr 2020 | 98 Posts
Quoting rp4k
Disliked
i did some backtesting on this EA because it caught my attention , and i thought this EA could be very profitable. i did from 5/1-5/22 just to see how it would have preformed this month in testing all the markets. and i made sure to set my balance to $500. the results are below for all the pairs. in the pictures. {image} {image} {image} {image} {image}
Ignored
Alright, great that you thought the EA could be very profitable and great that you did not even read the first post of the thread entirely.

RULES OF THIS THREAD

-BE POLITE!!!
-NO BASHING AGAINST GRID OR MARTINGALE!!! (Just keep quiet and go your way)
-NO POSTING OF BACKTESTS!!! IT IS A MULTI CURRENCY EA!!! FORWARD TEST IT!!!
-NO OTHER EAs, SYSTEMS OR DETOUR!!!

Why would you do backtests? This is a multicurrency method and account management method. I traded the entire last 2 months. Is my main account alive? Yes it is. If you think this is a set-and-forget holy grail EA, sorry to disappoint you and good luck on your endless journey to find it. In order to make money and in order to trade this EA successfully, you have to work with it, monitor it and have to adjust to different market conditions.
MarketMakerPRO Return This Week: na
 
 
  • Post #148
  • Quote
  • May 25, 2020 5:54am May 25, 2020 5:54am
  •  jdva
  • Joined Jun 2012 | Status: Member | 1,281 Posts
Hello traders, you may want to review post #1805 of this thread:

https://www.forexfactory.com/showthr...2#post12960802
I never lose - either I win or I learn...
 
 
  • Post #149
  • Quote
  • May 25, 2020 5:57am May 25, 2020 5:57am
  •  Paulfmpro
  • | Commercial Member | Joined Apr 2020 | 98 Posts
And whoever did this. Shame on you. Hopefully, karma will find you. If something like this comes up again. I will delete this entire thread.

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MarketMakerPRO Return This Week: na
 
 
  • Post #150
  • Quote
  • May 25, 2020 9:06am May 25, 2020 9:06am
  •  rp4k
  • | Joined May 2020 | Status: Junior Member | 7 Posts
Quoting Paulfmpro
Disliked
{quote} Alright, great that you thought the EA could be very profitable and great that you did not even read the first post of the thread entirely. RULES OF THIS THREAD -BE POLITE!!! -NO BASHING AGAINST GRID OR MARTINGALE!!! (Just keep quiet and go your way) -NO POSTING OF BACKTESTS!!! IT IS A MULTI CURRENCY EA!!! FORWARD TEST IT!!! -NO OTHER EAs, SYSTEMS OR DETOUR!!! Why would you do backtests? This is a multicurrency method and account management method. I traded the entire last 2 months. Is my main account alive? Yes it is. If you think this...
Ignored
i am sorry i can remove my post about the backtesting that is my fault for not reading your rules clearly. but i have been forward testing it since the day started today and i am up some money,
 
 
  • Post #151
  • Quote
  • May 25, 2020 10:34am May 25, 2020 10:34am
  •  Paulfmpro
  • | Commercial Member | Joined Apr 2020 | 98 Posts
Quoting rp4k
Disliked
{quote} i am sorry i can remove my post about the backtesting that is my fault for not reading your rules clearly. but i have been forward testing it since the day started today and i am up some money,
Ignored
No problem. You do not have to remove it. The important thing to know is, that you have to work with the EA. My rule of thumb is that if my margin level drops below 200-180% I will look for a manual exit on that particular pair. Either for a smaller profit or a small loss. In April I almost never needed to interfere with the EA. This changed a bit last week and the week before. If you keep managing the EA, it will be profitable for you. Note that even if I lose my entire main account, I still would have made a 600 € pure profits. Without losing anything.
MarketMakerPRO Return This Week: na
 
1
  • Post #152
  • Quote
  • May 25, 2020 11:10am May 25, 2020 11:10am
  •  FXsniper111
  • Joined Dec 2018 | Status: Member | 881 Posts
Quoting Paulfmpro
Disliked
And whoever did this. Shame on you. Hopefully, karma will find you. If something like this comes up again. I will delete this entire thread. {image} {image}
Ignored
Mayby this guy have decompiled your code......Ist there some support on the site that he layed it out for sale that you can contact to remove it...Say hes a scamming son of a ...itch...lol
Insanityoing same ting over expecting different results..Einstein
1
 
  • Post #153
  • Quote
  • May 25, 2020 11:30am May 25, 2020 11:30am
  •  Paulfmpro
  • | Commercial Member | Joined Apr 2020 | 98 Posts
Quoting FXsniper111
Disliked
{quote} Mayby this guy have decompiled your code......Ist there some support on the site that he layed it out for sale that you can contact to remove it...Say hes a scamming son of a ...itch...lol
Ignored
Haha! I donīt think anyone can decompile this code. Itīs way too many lines of code and the ex4s are pretty safe nowadays. They just sell the limited version and customers will be disappointed when it stops running on 15th. But I did the second part extensively and already have a friend of mine on it, who is pretty well in tracking people.
MarketMakerPRO Return This Week: na
 
1
  • Post #154
  • Quote
  • Edited 11:55am May 25, 2020 11:40am | Edited 11:55am
  •  LuXing
  • Joined Jan 2015 | Status: Error 404: LuXing not found | 1,586 Posts
Quoting Paulfmpro
Disliked
Hi fellas, I hope you had a great weekend. There is another update in the first post. As we had a last rough week I decided to add one more feature. Now you can type in a certain lot size on the chart. You can enter a value and press the position alert button. Once an order is placed equal to the defined value or higher you will receive an alert. Also the logo is now in the upper right corner. {image} {image}
Ignored
Great !
I have another (the last) suggestion, it's pretty much the only "useful" thing I see to reduce screen time even more.

An "Emergency Exit" switch/option.

i.e. AJ and EJ start running against me and on both pairs I see the following lot sequence open: 0.01-0.01-0.01-0.02-0.03-0.05-0.08-0.13.
Let's say on both pairs it runs to 8 "levels".
Of course I already received a heads up when the 0.08 trade was opened, but now both pairs start ranging for hours on end...

What the "Emergency Exit" would do is give the trader a choice between;

1. not use it
2. close basket as soon as price retraces to previous level (in this example, close out when price retraces from 0.13 to the 0.08 open level)
3. close basket as soon as price reaches the point where we're at break even (i.e. forget about those last couple of pips)

LuXing

EDIT: of course the "level" for this type of exit should be user definable
Wisdom begins in wonder
 
 
  • Post #155
  • Quote
  • May 25, 2020 1:09pm May 25, 2020 1:09pm
  •  rp4k
  • | Joined May 2020 | Status: Junior Member | 7 Posts
an emergency exit option would be really nice because of the way the market is now with the pandemic.
 
 
  • Post #156
  • Quote
  • May 25, 2020 1:24pm May 25, 2020 1:24pm
  •  Dkmillion
  • | Joined Dec 2009 | Status: Member | 178 Posts
Quoting rp4k
Disliked
an emergency exit option would be really nice because of the way the market is now with the pandemic.
Ignored
yes I agree this would be a very nice feature!
 
 
  • Post #157
  • Quote
  • May 25, 2020 2:20pm May 25, 2020 2:20pm
  •  rp4k
  • | Joined May 2020 | Status: Junior Member | 7 Posts
Quoting Dkmillion
Disliked
{quote} yes I agree this would be a very nice feature!
Ignored
maybe he could tie the emergency exit into the marginal 200%-180% or user % defined that would be really helpful, at least I know for me because in my situation I am GMT+8 so I am like 12hr to 13hr ahead of NYC so if I go to bed and I leave it running and the margin drops then the program can stop adding new buy/sell points and find exits for all the current ones until the margin gets above the defined % .
 
 
  • Post #158
  • Quote
  • May 25, 2020 10:33pm May 25, 2020 10:33pm
  •  johntrung
  • | Commercial Member | Joined Dec 2008 | 243 Posts
I've used many Martingale EAs so I think a news filter won't work because we never know what will happen even when the news is off :- ). The critical part is to lower the DD by hedging against the losing trades. I think it is nice to add a hedging function when the DD touches a trigger point, say 50% or 60%. The hedging positions will automatically place the Stop loss which is the TP of the losing trades and the TP will be the Stop loss of the losing trades. The hedging lot size should be smaller or equal to the total lot size of the losing trades. The idea is to reduce the DD and when the Stop loss is hit we will have high chance of saving our accounts :-)
 
 
  • Post #159
  • Quote
  • May 25, 2020 11:51pm May 25, 2020 11:51pm
  •  rp4k
  • | Joined May 2020 | Status: Junior Member | 7 Posts
Quoting johntrung
Disliked
I've used many Martingale EAs so I think a news filter won't work because we never know what will happen even when the news is off :- ). The critical part is to lower the DD by hedging against the losing trades. I think it is nice to add a hedging function when the DD touches a trigger point, say 50% or 60%. The hedging positions will automatically place the Stop loss which is the TP of the losing trades and the TP will be the Stop loss of the losing trades. The hedging lot size should be smaller or equal to the total lot size of the losing trades....
Ignored
wow that sounds like a great idea.
 
 
  • Post #160
  • Quote
  • May 25, 2020 11:53pm May 25, 2020 11:53pm
  •  rp4k
  • | Joined May 2020 | Status: Junior Member | 7 Posts
Quoting Paulfmpro
Disliked
{quote} Haha! I donīt think anyone can decompile this code. Itīs way too many lines of code and the ex4s are pretty safe nowadays. They just sell the limited version and customers will be disappointed when it stops running on 15th. But I did the second part extensively and already have a friend of mine on it, who is pretty well in tracking people.
Ignored
glad to hear , but most of the idiots that either buy fake EA or used cracked EA stuff from what i have heard, don't use the software for long, its like they play hot potato going from EA to EA . so yeah.. when the 15th comes around they will be in for a rude awaking if they are still using it.
 
 
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