{quote} 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
OH I see.. Thanks mate..
Millionaire Expert (save as EA)
- #2,701
- Dec 16, 2020 9:02am Dec 16, 2020 9:02am
OH I see.. Thanks mate..
{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}
I am interested to find out what kind of set ups are you looking for when you use for your BL and SL orders?
Are you bullish and anticipating an uptrend or downtrend to place your BL/SL, or you only look for retracement set ups? May I also ask what trading hours have you been running your tests on?
If I am bullish about a position, should place a BL or BS? Or should be a case where I place a BL for bullish trend, and BS for extremely bullish trend?
Would be great if anyone can share their tests as well
- #2,703
- Dec 16, 2020 9:19am Dec 16, 2020 9:19am
- Joined Oct 2019 | Status: Forexian Fighter = FF | 16,341 Posts
{quote} Hi sacredragon, OH I see.. Thanks mate..
we already nentioned the possibilty of expert hange-not mt4----no need for tests
and we mention the solution is CZECK-TIMER
assume I allow CZECK to be 0 sec--it will hange due to sending huge data in 0 sec! if you choose 28 pairs for example
PC need 100ms to breathe!
like humans
if you make CZECK-TIMER at 2000 milli-seconds forget these problems even if your PC speed is very low
each day 10%,,,, https://www.forexfactory.com/thread/1371538
- #2,704
- Dec 16, 2020 10:13am Dec 16, 2020 10:13am
{quote} Hi MT4canfx, I am interested to find out what kind of set ups are you looking for when you use for your BL and SL orders? Are you bullish and anticipating an uptrend or downtrend to place your BL/SL, or you only look for retracement set ups? May I also ask what trading hours have you been running your tests on? If I am bullish about a position, should place a BL or BS? Or should be a case where I place a BL for bullish trend, and BS for extremely bullish trend? Would be great if anyone can share their tests as well
{quote} Hi Scaredragon, I am running 24 hours mode, but multiple settings suggested by Mcad-rsi, I have not tested any custom settings yet. Please see the result for 2 days.{image}
Could you elaborate or point me to the multiple settings suggested by Mcad-rsi?
Are you using the 3 indicators inbuilt into the expert?
And which timeframe are you trading on?
Do you refresh your reference prices or all your prices remain the same throughout the 24hrs for those 2 days?
Sorry for throwing so many questions at you.
{quote} Hi MT4canfx, I am interested to find out what kind of set ups are you looking for when you use for your BL and SL orders? Are you bullish and anticipating an uptrend or downtrend to place your BL/SL, or you only look for retracement set ups? May I also ask what trading hours have you been running your tests on? If I am bullish about a position, should place a BL or BS? Or should be a case where I place a BL for bullish trend, and BS for extremely bullish trend? Would be great if anyone can share their tests as well
using Macd-rsi's tool we should think different - not as a usual trader :-)
We should follow the market movers (big boys move) - I should better say not "we" - I mean the tool.
The tool is optimized to trade a basket of symbols (i.e. currencies) at the same time - even you can trade single trades.
All symbols are correlated some symbols are long and at the same time some are short - only market movers know where they want to go
So most of the time the trends are short-time - this is where Macd-rsi's tool will help us.
Based on the settings the tool is buying against the short-time trend and also selling other symbols - the P/L goes into minus floating (DD)
As soon as the short-time trend ends and retraces the P/L turn into profit to a certain degree - some trades still negativ
The question is "certain degree" - I am testing different account sizes and leverages -
My "close on equity" % is between 1% - 3%.
After equity close the next cycle starts - all trades are closed also the "wrong" trades going against the long-time trend - so the account is out of risk.
This is a set and forget approach and works best with baskets - not single symbol trades :-)
I will post some results in the next posts.
Mucky
.. sorry for typo's
{quote} Hello, using Macd-rsi's tool we should think different - not as a usual trader :-) We should follow the market movers (big boys move) - I should better say not "we" - I mean the tool. The tool is optimized to trade a basket of symbols (i.e. currencies) at the same time - even you can trade single trades. All symbols are correlated some symbols are long and at the same time some are short - only market movers know where they want to go So most of the time the trends are short-time - this is where Macd-rsi's tool will help us. Based on the...
Hi Mucky,
Thank you for the reply, I came to the realisation as well, that BL and SL will 'absorb' the market sudden moves (so you might see a big draw down at the beginning but that is okay) because when it retraces (this is when we make good profit).
I am currently investigating what kind of set ups are good for these entries.
Just wondering do you close all your positions at the end of the day?
Looking forward to your results and settings if possible
Thank you!
Hello,
based on 1mk and leverage 1:200
this account confirms what Macd-rsi already said - you can only win, using the right setting and you are not greedy
this means between 20k and 60k a day profit - without out any changes - just set and forget
This is a tool for millionaires - no need to know anything about trading :-)
Mucky
based on 1mk and leverage 1:200
this account confirms what Macd-rsi already said - you can only win, using the right setting and you are not greedy
this means between 20k and 60k a day profit - without out any changes - just set and forget
This is a tool for millionaires - no need to know anything about trading :-)
Mucky
Really nice mucky! Thank you for sharing
If I may summarise:
1k demo (1:500)
9 Pairs
BL/SL
O=D=8
FL=0.01, LI=0.02
LD=5
TP=750
5k demo (1:100)
9 Pairs
BL/SL
O=D=8
FL=0.01, LI=0.02
LD=5
TP=750
100k demo (1:30)
21 Pairs
BL/SL
O=D=13
FL=LI=1.0
LD=5
TP=750
1mil demo (1:200)
9 Pairs
BL/SL
O=8, D=13
FL=1.0, LI=0.5
LD=5
TP=750
Just wondering do you close you positions everyday or leave it running 24hrs?
I notice your TP for all 3 scenarios are really far. This shows the importance of a wider TP. Even with a lower win rate, as long as a few of your trades reach your TP, you will still profit in the long run. The other thing we need is Patience.
Great findings. Thank you for sharing once again
If I may summarise:
1k demo (1:500)
9 Pairs
BL/SL
O=D=8
FL=0.01, LI=0.02
LD=5
TP=750
5k demo (1:100)
9 Pairs
BL/SL
O=D=8
FL=0.01, LI=0.02
LD=5
TP=750
100k demo (1:30)
21 Pairs
BL/SL
O=D=13
FL=LI=1.0
LD=5
TP=750
1mil demo (1:200)
9 Pairs
BL/SL
O=8, D=13
FL=1.0, LI=0.5
LD=5
TP=750
Just wondering do you close you positions everyday or leave it running 24hrs?
I notice your TP for all 3 scenarios are really far. This shows the importance of a wider TP. Even with a lower win rate, as long as a few of your trades reach your TP, you will still profit in the long run. The other thing we need is Patience.
Great findings. Thank you for sharing once again
{quote} Hi Mucky, Thank you for the reply, I came to the realisation as well, that BL and SL will 'absorb' the market sudden moves (so you might see a big draw down at the beginning but that is okay) because when it retraces (this is when we make good profit). I am currently investigating what kind of set ups are good for these entries. Just wondering do you close all your positions at the end of the day? Looking forward to your results and settings if possible
only "equity close" closes trades - no manual intervention
TP is only set to make sure there is a TP - but should not came into play - I do not want that a TP is hit, because every positive trade in the basket counts!
You can see some of the accounts already reached "equity close" - this can happen multiple times a day
my ongoings tasks are:
1) find the appropriate symbols - depends on account size & leverage
2) find the appropriate O/D/FL/LI and LD
Don't forget we are in december, most big boys have closed their books already - the big play starts in the second week of the new year.
Mucky
- #2,715
- Dec 16, 2020 11:26am Dec 16, 2020 11:26am
- Joined Oct 2019 | Status: Forexian Fighter = FF | 16,341 Posts
I read in full pleasnat last ongoing disussions b/w Mucky, sacredragon
or at the end of the month.
Yes sacredragon--sudden spikes the most best thing you can imagine here. expert is ready for it- but must be closed in less than hour if not less than 5 minutes.
now working on colors to be soft??
anyone gives us best-to-eye-colors?
you remind me the old names of this expert "StupidPeopleExpert"--I mean here people with some Millions-They are vey stupid. they said "they do not need thinking"
Just wondering do you close all your positions at the end of the day?
Yes sacredragon--sudden spikes the most best thing you can imagine here. expert is ready for it- but must be closed in less than hour if not less than 5 minutes.
now working on colors to be soft??
anyone gives us best-to-eye-colors?
This is a tool for millionaires - no need to know anything about trading :-)
each day 10%,,,, https://www.forexfactory.com/thread/1371538
Really nice mucky! Thank you for sharing
5k demo (1:100)
9 Pairs
BL/SL
O=D=8
FL=0.01, LI=0.02
LD= 3 not 5 because I want to use more available margin - slowly - so I do not change LI
TP=750
Mucky
- #2,718
- Dec 16, 2020 11:31am Dec 16, 2020 11:31am
- Joined Oct 2019 | Status: Forexian Fighter = FF | 16,341 Posts
i hope to be stupid at near future
each day 10%,,,, https://www.forexfactory.com/thread/1371538