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Millionaire Expert (save as EA)

  • #2,681
  • Dec 16, 2020 3:46am Dec 16, 2020 3:46am
Quoting Skat
Hi , how to use these pages. because when I tried to import data from excel on page 2 , it blanked out precious settings and come to page 1 itself. {image}
ok, what is the problem here?
no prblem--that is what we expect---new group = new show = page 1 first, then you flip flops pages
Blue page = there exsist some elements "pairs"
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,682
  • Edited 4:19am Dec 16, 2020 3:48am | Edited 4:19am
Quoting Lopuch
{quote} I would rather rather to close biggest LOSS first, then big lots, if possible. Regards.
Everything is possible
Pendings:
1- Sawaddee suggestion///risk only 10% of margin-to-balance--user define the %
2- Skat suggestion --- play with excel setting appearance
3- sacredragon proposal // logic of smart TP/SL system
4- Lopuch suggestion // additional option on closing postions
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,683
  • Dec 16, 2020 4:04am Dec 16, 2020 4:04am
running since 6 hours with O=D=1 on 18 pairs at calm times:
starting balance is 10,000
imagine it is a live account
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0
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,684
  • Dec 16, 2020 4:07am Dec 16, 2020 4:07am
and always the same curve:
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,685
  • Dec 16, 2020 4:14am Dec 16, 2020 4:14am
Quoting Macd-rsi
{quote} NOOOOO Total lots = 0 --- 0.22 - 0.22 = 0 Lots if all are open and there is no take profit , you end up with a complete hedge so max risk lot for cacl. we use 0.22 = 6.16/28pars and that good mental point to consider in design
Oh yes you are right. BL and SL shouldnt be consider together as it will cancel each other out.

It seems that I will not be able to find out what my max draw down will be like because there is no Stop Loss in our orders to calculate, I guess the best way is to use do somemore testings.

If not I can also use the TP/SL function based on my current Equity or starting balance, or the trailing stop function.

Thank you Macd
  • #2,686
  • Dec 16, 2020 4:24am Dec 16, 2020 4:24am
Quoting sacredragon
{quote} Oh yes you are right. BL and SL shouldnt be consider together as it will cancel each other out. It seems that I will not be able to find out what my max draw down will be like because there is no Stop Loss in our orders to calculate, I guess the best way is to use do somemore testings. If not I can also use the TP/SL function based on my current Equity or starting balance, or the trailing stop function. Thank you Macd
no it is already there, in Dispaly Click and in CirclesExpert
everything is avilable
and now, through simple equations you can approximate worst case\

you have 10,000 USD--total lots = 6.13
then 10,000/61.3 = around 166 pips in case all BL are executed at the current price O=D=0
but with O=D= other than zero, in each stage we calc for loss and dedecut from new equity and so on--and that in CircleExpert
we will speak about it at proper time--it is a forcast for future order executions

but better avoid BL+SL on all 28 pairs, and PICK UP your pairs on daily chances--each daY add one pair OR TWO based on tech reason for one direction
Build your portfolio in logical smart way to encompass all days different circumstances.
if you have no time to think use BL+SL for 28 pairs but with ORANGE-67-----100% SUCCESSFUL
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,687
  • Dec 16, 2020 4:53am Dec 16, 2020 4:53am
Performance of the expert for the last two days.
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  • #2,688
  • Dec 16, 2020 5:06am Dec 16, 2020 5:06am
Quoting Macd-rsi
{quote} Everything is possible Pendings: 1- Sawaddee suggestion///risk only 10% of margin-to-balance--user define the % 2- Skat suggestion --- play with excel setting appearance 3- sacredragon proposal // logic of smart TP/SL system 4- Lopuch suggestion // additional option on closing postions
I believe the % equity SL is quite fascinating.. so imagine that we have let say 300 entries and 100 of it at the loss side, another 100 entries at the entries price and the other 100 entries at the profits side.. this giving the equity % at the origin (balance account).. this giving the loss side the room of breath (to climb back) to entries price.. with this we can get the max profits as long the total of all 300 entries not more than the SL % equity that we're set right before we start to trade.

The question is what if of all 300 entries reach the SL % equity..? does it close all or can we set the trade entries with higher loss (the entries who contribute to lower the % of equity maybe...)?

does it make sense..?
  • #2,689
  • Edited 5:32am Dec 16, 2020 5:19am | Edited 5:32am
Quoting pojiesemart
{quote} I believe the % equity SL is quite fascinating.. so imagine that we have let say 300 entries and 100 of it at the loss side, another 100 entries at the entries price and the other 100 entries at the profits side.. this giving the equity % at the origin (balance account).. this giving the loss side the room of breath (to climb back) to entries price.. with this we can get the max profits as long the total of all 300 entries not more than the SL % equity that we're set right before we start to trade. The question is what if of all 300 entries...
Of course it makes sense,
Iam happy with the way you think in.
we need more thinkers.

to repeat: 100 eyes is definitely better than 2 eyes.

regarding SL, empeded in the expert upon some mebers request, but I gain repeat:
DD of 35% with divesificatiion on 28 pairs is much less than 10% DD on a single pair.

YES 35<10 from deep recogniztion of what is hapenning
here few members like z , etc.. follow simplistic tradional way of understanding! they must study math. and be convinced that 35<10.
if they not, they have some problems from though veiwpoint.

35% on 28 pairs!!! each pair share is around 1.2%
and some pairs may carry other pairs! therefore cancel their losses!!

GridTrading is as "SATANIC" invention if done in right leaways
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,690
  • Dec 16, 2020 5:20am Dec 16, 2020 5:20am
I was testing a thing where my broker had 100 max orders allowed in demo, the ea has the same function of max orders allowed.. but I have a suggestion

When limit of maximum orders is reached , and then you close , for example 3 orders , the EA will open three orders that were in Pipeline but waiting due to max orders limit had been reached

Issue is EA is opening the three orders of the same pairs whereas in Pipeline different pairs are waiting.. if EA here distribute to three orders to different three pairs ,it would be suitable as risk is distributed

Hope our Intelligent EA would find a way here too
  • #2,691
  • Dec 16, 2020 5:24am Dec 16, 2020 5:24am
Quoting Mt4canfx
Performance of the expert for the last two days. {image}
what is the StratingBalance
and please could you show P/L_USD column values??

just to remind you--this always is your performance, not expert performance.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,692
  • Dec 16, 2020 5:34am Dec 16, 2020 5:34am
Mt4canfx
could you please make your test upon ur indicator SSI-daily
leave daSHBAORD OF 28 as it is, but on daily basis, activate pair with SSI condition satisfied for that direction either BL or SL
DO NOT CHANGE YOUR READY STETTING--
just activate one direction for that pair suggested by SSI
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,693
  • Dec 16, 2020 5:37am Dec 16, 2020 5:37am
Quoting Skat
I was testing a thing where my broker had 100 max orders allowed in demo, the ea has the same function of max orders allowed.. but I have a suggestion When limit of maximum orders is reached , and then you close , for example 3 orders , the EA will open three orders that were in Pipeline but waiting due to max orders limit had been reached Issue is EA is opening the three orders of the same pairs whereas in Pipeline different pairs are waiting.. if EA here distribute to three orders to different three pairs ,it would be suitable as risk is distributed...
TO BE CONSIDERED
remind me if not done before the end of the month

recommendation: for brokers with less max orders limit--choose few pairs
better on tech reason

in your picture, very wrong settting O=D=1---TO=20
and DD may reach 100%

for SSI-daily--make setting O=D=17*pairPrice(use justice setting) to 25*pairPrice, LD=3, TO=8;
TP-- say 125*PairPrice
FL=LI=0.01 for each 2000 USD
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,694
  • Dec 16, 2020 5:44am Dec 16, 2020 5:44am
Mt4canfx

Or you can pick chances from this new thread:
On Point | Forex Factory

may Wags prove he is the best decison maker for picking up your chances
our thread includes all other FF members threads
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,695
  • Dec 16, 2020 5:54am Dec 16, 2020 5:54am
Lopuch
Attached Image

0
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,696
  • Dec 16, 2020 6:56am Dec 16, 2020 6:56am
Quoting Macd-rsi
{quote} what is the StratingBalance and please could you show P/L_USD column values?? just to remind you--this always is your performance, not expert performance.
Hi Macd,
I am using combination of settings and running 5 copies of the expert at the same time. Please see dashboard picture below as of now.
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  • #2,697
  • Edited 8:05am Dec 16, 2020 6:58am | Edited 8:05am
Quoting Macd-rsi
Mt4canfx could you please make your test upon ur indicator SSI-daily leave daSHBAORD OF 28 as it is, but on daily basis, activate pair with SSI condition satisfied for that direction either BL or SL DO NOT CHANGE YOUR READY STETTING-- just activate one direction for that pair suggested by SSI
Hi Macd, I will test this Indicator as suggested, results will be posted later.

Edit: As of now only 18 pairs out of 28 are directional rest 10 are neutral, so I am only trading 18 pairs now.

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  • #2,698
  • Dec 16, 2020 7:20am Dec 16, 2020 7:20am
Quoting mt4canfx
{quote} hi macd, i am using combination of settings and running 5 copies of the expert at the same time. Please see dashboard picture below as of now.{image}
from time to time some explanations on displayclick
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #2,699
  • Dec 16, 2020 8:48am Dec 16, 2020 8:48am
I am using excel input, and did export the settings.. and then AutoSave....

EA hangs after some time.. it has happened second time today.. I am using ''scaredragon v6 ''

pls check
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  • #2,700
  • Dec 16, 2020 8:56am Dec 16, 2020 8:56am
Quoting Skat
I am using excel input, and did export the settings.. and then AutoSave.... EA hangs after some time.. it has happened second time today.. I am using ''scaredragon v6 '' pls check {image}
Hi Skat,

Its sacredragon v11 now, you might want to try that, I used to have some problems with some of the previous version which caused my MT4 to hang as well.

You can find it here Post 2637
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