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Millionaire Expert (save as EA)

  • #3,021
  • Edited 3:13am Dec 23, 2020 2:46am | Edited 3:13am
New Lesson-03 on O, D Settings (Afraid/Bias modifiers)
How to set factors?
ans: through CWC method, or Edit-WC method.
we have two buttons:
-1- upper for AFraid factor-- its range b/w 1 and 9.99 ---- common sense rule
-2- lower for Bias factor----- its range b/w 0.25 and 1.00 ---- common sense rule
Attached Image (click to enlarge)
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f
- 1.00 represents the Normal case, not afraid/not biased --- 10*1 = 10
so if pair x-button is RED or green but factots are set at 1, it is identical to Normal case.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,022
  • Edited 3:26am Dec 23, 2020 2:46am | Edited 3:26am
New Lesson-04 on O, D Settings (Afraid/Bias modifiers)
-Therefore, after these improvmenets, we see on dashboard two values: O-value and D-value
-But, behind the scene actualy expert deal with 4 values:
--1- O for buy
--2- O for Sell
--3- D for buy
--4- D for Sell
OrderComment will show runtime O or D, not raw values.
Attached Image (click to enlarge)
Click to Enlarge Name: _9892.png Size: 51 KB

- In toolTips you will see actual runtime O or D
- Picture shows that for buy EURUSD orders O=D=125, since raw values are the same for both
- for BUY O=D=12.5 pips
-while for SELL O=D=25.0 pips
look O,D for buy are different form SELL values
-- if raw O not equal to raw D, definitely you will have 4 differnt values if afraid and bias factors are not 1.00
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,023
  • Edited 3:38am Dec 23, 2020 2:46am | Edited 3:38am
New Lesson-05 on O, D Settings (Afraid/Bias modifiers)
Calculations:
Afraid = 1.4
Bias = 0.50
illustrated on picture
-if color not RED not GREEN, experts ignore these factors and multiply by 1.00
Attached Image (click to enlarge)
Click to Enlarge Name: _9892.png Size: 59 KB

j
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,024
  • Edited 3:46am Dec 23, 2020 2:46am | Edited 3:46am
New Lesson-06 on O, D Settings (Afraid/Bias modifiers)
OrderComment shows runtime O and D
Dahsboard shows raw values.
Attached Image (click to enlarge)
Click to Enlarge Name: _9892.png Size: 80 KB

f
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,025
  • Edited 3:48am Dec 23, 2020 2:46am | Edited 3:48am
New Lesson-07 on O, D Settings (Afraid/Bias modifiers)
Conclusions
you can now differentiate b/w Buys and Sells sO, D, setting
-
-
-
-
-END
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,026
  • Edited 3:23am Dec 23, 2020 3:08am | Edited 3:23am
Quoting Macd-rsi
Mucky any new hidden internal-wiring problems?
... not yet so far :-)

But a question - at what point in time does the EA read the value for "equity"?
Because I switched to new version of EA so I opend new EA with a new chart-window and turned "OnTrading" off.
the old version was still at work - so equity changes as long as old EA reached TP levels and closed all trades. After that I removed old version from chart.
But new version in other chart never updated the final - the new equity.

As a result the calculated TP-level was always lower as the current equity - finaly I removed the new version and added EA again.

Attached Image (click to enlarge)
Click to Enlarge Name: 8ebee9d660230e5eabcd038c28f1fa24.png Size: 161 KB


Mucky
  • #3,027
  • Dec 23, 2020 3:35am Dec 23, 2020 3:35am
不知道哪裡設定不正確
希望單符號 5個訂單
仍然多過5個
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  • #3,028
  • Dec 23, 2020 3:50am Dec 23, 2020 3:50am
New Lessons on O, D Settings (Afraid/Bias modifiers) have been completed
start here from post 3019 to 3025:
Millionaire Expert (save as EA) | Page 76 | Forex Factory

you had better put like sign or dislike sign if you understand it or not.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,029
  • Dec 23, 2020 3:54am Dec 23, 2020 3:54am
Quoting Mucky
{quote} ... not yet so far :-) But a question - at what point in time does the EA read the value for "equity"? Because I switched to new version of EA so I opend new EA with a new chart-window and turned "OnTrading" off. the old version was still at work - so equity changes as long as old EA reached TP levels and closed all trades. After that I removed old version from chart. But new version in other chart never updated the final - the new equity. As a result the calculated TP-level was always lower as the current equity - finaly I removed the new...
it is under-test version
so if any confirmed error exists, we must correct it.
but the normal to uupdate after closing all.
Does old version updates equity after closing?
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,030
  • Dec 23, 2020 4:26am Dec 23, 2020 4:26am
A 60% equity increase in two days is phenomenal. I've rarely seen anything like this. If this is replicable, then this setting would be a good candiate for the 'churn and burn' method of quickly increasing equity, withdrawing principal as soon as possible, and then regularly withdrawing profits before the account blows. please keep us posted

blam

Quoting pojiesemart
{image} {quote} hi Blam, It takes 24 hours day trading to get 100% profits with floating 1/2 of the total amount (depo & profits).. and attached picture is the 48 hours trading.. it's still show the progression of making profits but the floating is also increasing.. but i'll guess we facing this account positions is still manageable to handle the floating since the profits is increasing the equity to cover the entry with loss mode and made recovery..
  • #3,031
  • Dec 23, 2020 4:26am Dec 23, 2020 4:26am
Quoting Mucky
{quote} ... not yet so far :-) But a question - at what point in time does the EA read the value for "equity"? Because I switched to new version of EA so I opend new EA with a new chart-window and turned "OnTrading" off. the old version was still at work - so equity changes as long as old EA reached TP levels and closed all trades. After that I removed old version from chart. But new version in other chart never updated the final - the new equity. As a result the calculated TP-level was always lower as the current equity - finaly I removed the new...
complex problem when selecting C
If closed on SL, then new entry iterion take one cycle, the always equity less than 49000 -- old not upddated after first SL hit\
expert close all, then ietration then close all and so on
need a complex solution.
so the problem for R and C is "not updating eq levels" when eithr TP or SL hits user-levels.

Final version completely depends on Mucky approval. A true specialist in experts-surgeries.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,032
  • Edited 6:04am Dec 23, 2020 4:33am | Edited 6:04am
Quoting Macd-rsi
{quote} it is under-test version so if any confirmed error exists, we must correct it. but the normal to uupdate after closing all. Does old version updates equity after closing?
Yes - because old version did the close :-)

... maybe it would be a good idea to re-read current equity in the moment user activates "TP>"- button ...

Sorry it's not a good idea :-)

Mucky
  • #3,033
  • Dec 23, 2020 4:37am Dec 23, 2020 4:37am
Quoting blamshakk
A 60% equity increase in two days is phenomenal. I've rarely seen anything like this. If this is replicable, then this setting would be a good candiate for the 'churn and burn' method of quickly increasing equity, withdrawing principal as soon as possible, and then regularly withdrawing profits before the account blows. please keep us posted blam {quote}
Yes I agree, but unfortunately this is not a meaningful result for 2 days in december before christmas :-)

Mucky
  • #3,034
  • Edited 5:18am Dec 23, 2020 5:02am | Edited 5:18am
agreed, which is why it needs to be forward tested in different market conditions. Am aware that we are dealing with small sample sizes in terms of time spent testing, so far. I know we're in the 'high volatility, low volume' holiday period, but if this is a taster of things to come, it's an incredible result

blam

Quoting Mucky
{quote} Yes I agree, but unfortunately this is not a meaningful result for 2 days in december before christmas :-) Mucky
  • #3,035
  • Dec 23, 2020 5:18am Dec 23, 2020 5:18am
Quoting Lopuch
My gift to everyone who wants to use this excellent tool - unfortunately the file is larger than 7 MB, so it cannot be pasted directly. Please download here: https://k2s.cc/file/f37a6e41cdfc1/MilionareWIN.doc It is not a detailed description of each letter, button or number, it's a list of what I personally consider important when working with this EA, and what helps me understand how this EA works. ATTENTION - the description is written in a slightly older version of Word, so I do not guarantee the correct display. Anyone can edit, improve,...
Because i cannot edit original post, here is small update (TP, SL):
https://k2s.cc/file/ee7d7ffb8ea26/MilionareWIN.doc
  • #3,036
  • Dec 23, 2020 5:40am Dec 23, 2020 5:40am
Quoting Mucky
{quote} Yes I agree, but unfortunately this is not a meaningful result for 2 days in december before christmas :-) Mucky
well anything could be happened during trade regardless before or after December.. and of course i cannot put the past 2 days trade is a base case also.. The case study is just to see how it's goes when trading with my/default setting.. so take an example if i deposit USD 1000 the case study is show we gain >60% equity and the system work and it's proven... so the question is if let's say with the current situation could the equity handle with the current total entries of 343 with NFP or high impact news could blown up the account (not yet tested).. like wise man Macd-RSI quote - this is not expert results, this is "YOUR" results... so i think i'm comfortable enough to use the system with the default setting and maybe enlarge the amount account so that the equity percentage could cover such as NFP & High impact news..
  • #3,037
  • Dec 23, 2020 5:43am Dec 23, 2020 5:43am
Quoting blamshakk
agreed, which is why it needs to be forward tested in different market conditions. Am aware that we are dealing with small sample sizes in terms of time spent testing, so far. I know we're in the 'high volatility, low volume' holiday period, but if this is a taster of things to come, it's an incredible result blam {quote}
Yup.. imagine with the market with the high volatility high volume it could be a profits or otherwise.. who knows..
  • #3,038
  • Dec 23, 2020 6:09am Dec 23, 2020 6:09am
Attached File(s)
File Type: ex4 CRT_120_05_sacredragon_23.ex4   1.4 MB | 301 downloads

Mucky??
answering your question for updates,
when you click on E or B expert set original level
SL level remain the same unless TS is used.

and when condition of CLOSE ALL satisfy, set after closing everything to new upper and lower levels with 25% or -25%


OpenLots--corrected.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #3,039
  • Dec 23, 2020 6:46am Dec 23, 2020 6:46am
Quoting Macd-rsi
{file} Mucky?? answering your question for updates, when you click on E or B expert set original level SL level remain the same unless TS is used. and when condition of CLOSE ALL satisfy, set after closing everything to new upper and lower levels with 25% or -25% OpenLots--corrected.
ok - thanks a lot! :-)

Mucky
  • #3,040
  • Dec 23, 2020 7:07am Dec 23, 2020 7:07am
Good Day guys,

I need your help. Something (some setting) is preventing trades. I can't figure it out. Based on my setting GU must open a trade. Nothing must be blocking it. But EA doesn't seem to open any trade.

Please have a look do you see anything I must change to allow trading?
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