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Millionaire Expert (save as EA)

  • #4,001
  • Jan 10, 2021 4:48am Jan 10, 2021 4:48am
Quoting Macd-rsi
How to designate or grade your self as a good trader upon results? ans: (my point of veiw) 1-Progress linear growth (no jumps) 2-profit% within predifined limits (let us say b/w 10 to 50% monthly) -------below 10 fail -------above 50 may is a sign of risk and luck profit 3-Diversification, we trade the whole market, not specific pair 4-Accepted PF "profit factor" with values, preferebaly above 3.0 --------- PF>3 is : your losses is a one third fraction of your profits 5-some argue:: wining trades must be much higher than lossing trades! 6-continuence...
Thanks for these tips, following them
  • #4,002
  • Jan 10, 2021 5:35am Jan 10, 2021 5:35am
Silly question maybe. Can i save the EA settings like colours and fonts etc. I can do the pairs csv files but the colours and fonts all revert back to default when I restart the MT4. Ta for any advice
  • #4,003
  • Jan 10, 2021 5:44am Jan 10, 2021 5:44am
another brokers-problems
refaring contradiction b/w realtime max orders and thier database max_orders
i make danger setting to test this issue
picture speak, 1174 orders but max 1000 in database
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,004
  • Jan 10, 2021 5:47am Jan 10, 2021 5:47am
another problem is the true realtime leverge
in thier websites and in database, they say 1000:1
but actual leverage is 200:1 or 100:1

i designed yesterday small expert to discover each pair leveregae during runtime
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,005
  • Edited 6:44am Jan 10, 2021 6:09am | Edited 6:44am
Quoting charlienoble
{quote} Thank you Macd. I assumed it so but wanted to be sure. This is related to sacreddragon's last post regarding bitcoin. It seems to me for example that just clicking say 28 for the pairs, then orange 25 (for example) for all pairs would eventually end up blowing the account. Not all pairs will perform well under a blanket setting. By using the excel sheets to create multiple lines per pair you wish to trade you can configure buy/sell limits to cover range trading and buy/sell stops for breakouts, each with their own individual settings.
Yes Charlie,

Different pairs react differently and one pair may be more volatile than another. even for the same pair, you cannot keep using the same O and D. There are also optimal times to use the BL/SL example during high impact news, which Macd has mentioned many times to schedule your life based on those news to trade. The O and D settings and usually set narrower when trading news. You can find some settings recommended by Macd in the thread or refer to my consolidated manual to test them out
  • #4,006
  • Jan 10, 2021 6:14am Jan 10, 2021 6:14am
Quoting 40PipsAlan
Silly question maybe. Can i save the EA settings like colours and fonts etc. I can do the pairs csv files but the colours and fonts all revert back to default when I restart the MT4. Ta for any advice
Hi Alan,

Macd has made this available in the latest version in Post 3921. Post 3910 shows the excel that Macd has done.

Btw, I have seen you around in TradingMadeSimple(r) but I have been a silent reader to the that thread. I am testing basket trading settings with this expert as well, maybe we can exchange some ideas. Hope to see you around more
  • #4,007
  • Jan 10, 2021 6:50am Jan 10, 2021 6:50am
Hi Macd,

is this same issue you were referring to in your post, that some of trades cannot be opened on weekends? Or am I missing something?
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  • #4,008
  • Jan 10, 2021 7:09am Jan 10, 2021 7:09am
Quoting sacredragon
Hi Macd, is this same issue you were referring to in your post, that some of trades cannot be opened on weekends? Or am I missing something? {image}
yes
sometimes put orders, sometimes not??
strange
i reset to double check since 12 hours ago. expert place moer thn 1000 orders?
iam waiting the problem?
please if you apply it again, it will continue rejection with you?
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,009
  • Jan 10, 2021 7:13am Jan 10, 2021 7:13am
Quoting Macd-rsi
{quote} yes sometimes put orders, sometimes not?? strange i reset to double check since 12 hours ago. expert place moer thn 1000 orders? iam waiting the problem? please if you apply it again, it will continue rejection with you?
yes sometimes i am able to apply it, and it continues to work.

if i close, it doesnt work for some orange settings, when i try other orange settings it works sometimes, but sometimes it does not. very strange. let me know if you need help testing anything

Update: it seems to be working on ver 991, but i havent been able to get it to work on the latest 102_E
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  • #4,010
  • Jan 10, 2021 7:16am Jan 10, 2021 7:16am
Quoting sacredragon
{quote} yes sometimes i am able to apply it, and it continues to work. if i close, it doesnt work for some orange settings, when i try other orange settings it works sometimes, but sometimes it does not. very strange. let me know if you need help testing anything update: it seems to be working on ver 991, but i havent been able to get it to work on the latest 102_E {image}
from expert side, i double checked it--nothin wrong?? !!!

zreboo:
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,011
  • Jan 10, 2021 7:23am Jan 10, 2021 7:23am
this part is completed 100%
for all screens end of E2 will be the end of OnTrding and start of x1000 button
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,012
  • Jan 10, 2021 7:30am Jan 10, 2021 7:30am
and this part completed 100%
all the time, whatever your screen dimensions:
end of D100 will be the end of D=1 button
&
will be the end of /100 button and start of SK-1 button
&
will be the end of 50 button and start of SK-2 button
&
will be the end of 101 button and start of SK-3 button

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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,013
  • Edited 7:48am Jan 10, 2021 7:34am | Edited 7:48am
Quoting 40PipsAlan
Silly question maybe. Can i save the EA settings like colours and fonts etc. I can do the pairs csv files but the colours and fonts all revert back to default when I restart the MT4. Ta for any advice
i was angry since you reserved post # 4000

output colors are related to comparison operations
do not worry about it.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,014
  • Jan 10, 2021 7:49am Jan 10, 2021 7:49am
if you are speaking about BGColor and border colors, they must be in default setting.
I will add them

thank you
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,015
  • Jan 10, 2021 7:52am Jan 10, 2021 7:52am
Quoting Macd-rsi
if you are speaking about BGColor and border colors, they must be in default setting. I will add them thank you
Thank you Macd
  • #4,016
  • Jan 10, 2021 7:56am Jan 10, 2021 7:56am
you know. more experience, more softness
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f??
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,017
  • Jan 10, 2021 8:41am Jan 10, 2021 8:41am
Quoting Macd-rsi
distance b/w x=1444 and x=1285 equal to 159 pixel divide by 3, since there are 3 buttons (SK-1,101,MACD) also there are some space?? reason: reminder of division to conlcude: iam still learning new fields in positioning let us think together from basic math viewpoint 159/3=54 width of SK1 will be 54 SK-1 start at x=1285 ------end at 1339 complete please -- oes last element MACD en exactly at 1444?
Hi Mohammed,
Great work my friend, the vertical alignment of the groups will work well and there will be no mistakes.
and for the calculations
159/3=53
(1285+53=1338)
(1338+53=1391)
(1391+53=1444)

Keep it up, and don't forget to take some side time to rest, enjoy and replenish your energy.

regards,
Ahmed
  • #4,018
  • Jan 10, 2021 8:59am Jan 10, 2021 8:59am
fitted more, according to the number of characters inside button
PV: 2 letters
OSC: 3 letters
etc..
picture to compare b/w old and new
pixel-characterwise
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,019
  • Jan 10, 2021 9:03am Jan 10, 2021 9:03am
you will not see it because of condition that prohibit width>1840 in uploaded picture
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #4,020
  • Edited 9:52am Jan 10, 2021 9:06am | Edited 9:52am
Sharing more of my experience with O,D, TO, LD settings. I am not sure if it makes sense, but these are some of my findings:

My hypothesis on why the Orange 67 (BL/SL) works is because it trades both directions using the weekly chart. typcially the total pips for monthly candle ranges around around 300 pips or so, which is roughly around 5xO or D, so i set TP = 300.

For both Orange 67 and 300, i use Justice setting, basically Macd took into consideration the pairvelocity based on his algorithm.

Since there is large TP, you probably need a much lower win rate in order to be profitable.

So if you start narrowing down to the daily, 4h chart, you got to reduce your O and D. So to decide on O and D, and time frame, you can use the average candle pips divided by about 5 to get the rought O and D settings ( in this case around 25 to 34). Good thing is Justice Orange settings does everything for you! (Thank you macd!)

The problem comes now with deciding on the TO and LD which you will need to decide.

if your broker allows max 100 orders, then i guess that's the max limitation. but if you place more TO's you will expect more trades to be opened, that will increase the total lots that you will be risking. usually i set TO about 5 for the case of orange 67 since the number or orders that are opened are much lesser.

in that case i can use a smaller LD, smaller LD increases your total lot size as well based on my testing
For around O=D=67, TO = 5, LD=3
For around O=D=25 or 34, you can afford to open more orders, TO = 10, LD = 5 or more if you want to be safer
For around O=D<25, you can increase TO to 100 or even more, then LD to about 10.

another way i like to prevent my portfolio from being overleveraged i use ML btw 500-750%, this limits the total orders that will be opened.

I hope it makes sense, if not feel free to comment and share your findings.
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