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Millionaire Expert (save as EA)

Quoting sacredragon
{quote} Thank you for sharing Mt4canfx! Your settings looks really impressive 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.
Hi scaredragon, I am not using any of the indicators, only simple settings using "Orange buttons". So far I have used 1, 2.5 and 67. I was using TO=9999, but I got a message from broker that there is a maximum limit of 1000 running orders at a time, so I have reduced it to 40 orders per pair. For the last 2 days it is running continuously, I had to close few orders manually to get new orders in. I will test further, but due to thin trading going forward, the results may to be that great.
Small5KAccount Return This Year: 4.3%
Quoting sacredragon
{quote} I see thank you for your sharing Mucky! Is there a specific timeframe eg the daily open bar or London open time etc where you set your reference price? Can I also pick your mind on what you mentioned about: LD= 3 not 5 because I want to use more available margin - slowly - so I do not change LI How or why do you use available margin in your explanation above, and what is your consideration on its impact on LI?
Hello sacredragon,

sorry, I have missed one of your questions

based on Macd-rsi formular Post 210 ( Lotsx = (FL+LI*int(#O/Ladder)*L2)*L1*L3^(int(#O/Ladder)) )

final lotsize is 0,13 for trade #22
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final lotsize is 0,15 for trade #22
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but final lotsize is 0,17 for trade #22 if increased LI=0,04
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So LD=3 means higher increase (medium increase) in lotsize compared with LI=0,03 but lower lotsize compared with LI=0,04
This means also consuming "medium higher" margin - as far as price goes against "us".
I want that trades using as much as possible available margin - within risk level, to use the fund as effectively as possible.

hope this makes sense for you :-)

Mucky

PS.: Why 3,5,8,13 ..? - whenever possible, I use fibonacci numbers
Report as of now attached
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Report as of 323pm EST
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Small5KAccount Return This Year: 4.3%
read it as much as you can
look what happen irst
for all 7 past tests: good profits in the first 2 hours
assume you stop after 2 hours!!
imagine that!
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Be yourself
spikes times that we know in advance:
spike definitions: is the sudden great movements (volatile) that occur within few minutes and may reach 70 to 200 pips
usualy at the time of red-news events

each month we expect 40 scheduled spikes.
you should not miss them. arrange rythem of your life according to thier times
Be yourself
i need 4 sounds for gbpzar and eurzar
duration: from 3 to 7 sec---wav extention
2 women and 2 men voices

any website afford huge numer of short wave sounds ???
Be yourself
Report as of 4.45PM EST
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Small5KAccount Return This Year: 4.3%
Quoting sacredragon
{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
See attached picture for settings
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Small5KAccount Return This Year: 4.3%
Quoting Mucky
Hello, based on new 1k demo account and leverage 1:500 {image} limited to major currencies because of symbol volatility {image} used margin 298$ {image} Mucky
Thanks for the insight here Mucky, making me realise i try to manage the drawdown too much and need to relax a bit and let the trades run.

Im personally testing with a small account as i know im unable to put a couple of thousand into a trading account, but the returns you have posted on your testing accounts are looking very positive.

looking forward to being ready to switch over to a live account in Jan.
Smart TP/SL with Trailing Stop--more one day to be completed and verified
i put in all my experience and high degree of knowledge.
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Be yourself
Quoting Macd-rsi
all 9 lessons on Group Selection have been completed
Hi Mohammed
I am glad you are re-explaining the expert advisor and of the wonderful teamwork of the members.
I am trying the latest version of the expert advisor and I have encountered a problem, I do not know if this is what was programmed or is it an error.
When I use the repeat feature, the expert advisor changes the take profit value.
A picture is Attached for illustration on the dollar yen pair.

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Quoting sacredragon
{quote} Great finding there! But just to add on, Lot Size also plays a part in your draw down or highest floating. You might want to consider your FL and LI as well. Mentioned in the threads you can find Macd mentioning quite a few settings which you can use as a base reference Example #Post 1717 I think there should be a way to find out your risk base on the following: 1) Based on your current Account size, what is the max number of pips based on your max margin...
Hi Sacredragon,

Below is the results of the trade using default ORANGE setting..

ORANGE 1 (TO=20, TP=10): 19 hours trading

Profits: USD 2397.04
Highest floating: USD 2500
At the end hour floating: USD 367.33

ORANGE 10 (TO=20, TP=35): 24 hours trading

Profits: USD 571
Highest floating: USD 550
At the end hour floating: USD 360

ORANGE 20 (TO=20, TP=50): 24 hours trading

Profits: USD 141.5
Highest floating: USD 240.0
At the end hour floating: USD 196.0

Above test running is just to show what should we expect floating during trading.. it's give a roughly idea how much amount of account to use the default setting in the system..

in my personal conclusion, ORANGE 20 suits for <USD1000 (24% of equity drawdown during trade), ORANGE 10 suits for >USD2000 (25% of equity drawdown during trade) & ORANGE 1 suits for >USD10,000 (25% of equity drawdown during trade)..

Of course we can adjust the FL/LI but during trading i will increase/reduce the % of equity (depends on market) whether you comfortable with it or not...

From what i observed, this is the continuously "running system" or 24 hours trading.. just imagine if i running (should i call session trading - 8 hours daylight/ 8 hours night) the trade entries don't have enough a time to recover the loss and at the end of session we close all entries (floating - profits = total profits/loss).. from above case you get the rough idea of how should we trade and the rest of the system it's depending on you to suits your trading style..

Thanks to Macd-RSI (Mohammed) for great and generous to provide the system...
Quoting Macd-rsi
i need 4 sounds for gbpzar and eurzar duration: from 3 to 7 sec---wav extention 2 women and 2 men voices any website afford huge numer of short wave sounds ???
سلام وصباح الخير اخي

Yes there is a website that can assist you,

https://www.pacdv.com/sounds/voices-3.html
Quoting Macd-rsi
Smart TP/SL with Trailing Stop--more one day to be completed and verified i put in all my experience and high degree of knowledge. {image}
thank you so much Macd, so looking forward to this update. I can already understand the logic of your Smart Stop Loss system just by looking at it. Except maybe some symbols. Can’t wait to try it!
Report as of 11:15 PM -Dec 16 2020
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Small5KAccount Return This Year: 4.3%
Quoting zreboo
{quote} Hi Mohammed I am glad you are re-explaining the expert advisor and of the wonderful teamwork of the members. I am trying the latest version of the expert advisor and I have encountered a problem, I do not know if this is what was programmed or is it an error. When I use the repeat feature, the expert advisor changes the take profit value. A picture is Attached for illustration on the dollar yen pair. {image}
yes brother
usdjpy TP must be 20 pips f you select TP=10 (DOUBLE for hash orders)
hash orders are orders starting with # in OrderComment
# is mainly for REPEAT mode (you have 3 modes, one of them is the "REPEAT" )

as word repeat imply, we repeat orders if was closed as a pending order. it must be without take profit.
TP =10 pips exists, but in your mind. you know in advance expert will close USDJPY when TP=10 pips---your broker do not know that--since it is hiddden in your mind. you know expert will close it after 10 pips\ so TP=0.00000 for broker's eye.
BUT
days later some friends claim they may suffer connection loss, power loss etc... what is the possible solution for orders opened without takeProfit?
As "better than nothing"-remedy, we add the concept of second TP "Spare TP" which is double of the hidden TP--it will be shown under TP column as in your pciture for #-Orders

Hidden will be executed first. you already know 10<20 -- simple logic
but when TP reachs 8 pips, then connection is lost! do not wory--spareTakeProfit exists\

it is remommnded to choose TP RED in REPEAT mode, if you are sure 100%, your intenet and power will be avaiable all the time
in this case your broker will see TP=0.000 for USDJPY, but there is really a TP=10 pips (in your mind)
شكرا على سؤالك محمد--لأنه مهم جدا ومشجع للشرح بعمق

يعني بالعربي صفقتك لها هدفين مخقي ومريئ
هناك امثلة خول هذا الامر
TP for ## USDJPY in ur picture is just a spare TP
Be yourself
Good Morning dear Mohammed!
Register for free (I did with my Google Account) and Download for Free 1000`s of Male/Female Sounds from 3 to 7 sec Samples!
I hope you can use the right ones for your Needs.
https://samplefocus.com/tag/female
https://samplefocus.com/tag/male
Quoting Skat
{quote} سلام وصباح الخير اخي Yes there is a website that can assist you, https://www.pacdv.com/sounds/voices-3.html
Quoting Eschmo
Goof Morning dear Mohammed! Register for free (I did with my Google Account) and Download for Free 1000`s of Male/Female Sounds from 3 to 7 sec Samples! I hope you can use the right ones for your Needs. https://samplefocus.com/tag/female https://samplefocus.com/tag/female
thank you very much
sounds are headache to me.
usually i download from youtube, then through using a special software--free on net-I CUT that song to short periods.
Be yourself
Yesterday I loaded the excel , I setup ten GBPUSD pairs as shown below.. Last night 4 buy orders were executed , some I closed last night manually, and closed the terminal..

today in morning I loaded the settings using Import , made changes to the settings.. (new REf prices now manually) opened new two sell positions

Issue is , Avg Prices, Avg Pips column is empty not showing the current open positions data.
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Quoting Skat
Issue is , Avg Prices, Avg Pips column is empty not showing the current open positions data. {image} {image}
yes, in this way it is working fine with you---APP box is not GREEN
you may missed last week posts] to make expeetr faster
we cancel a lot of math parts, unless the trader activate
if you click in row 1, box APP it will be shown
Be yourself
9 traders viewing now, 6 are members:
NSC-Mal
,
Mt4canfx
,
Macd-rsi
,
sacredragon
,
empukkasur
,
revenuslibre