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Millionaire Expert (save as EA)

  • #6,701
  • Mar 12, 2021 4:07am Mar 12, 2021 4:07am
Quoting omaramir
Dear All Good evening , I contacted MACD-RSI by phone , he is good and healthy and his absence just because he is little bit busy. No need to worry , when he has time he will come and write in his thread. God bless you all. Regards,
This is really heart warming. So glad to know he's in good health., Can't wait to have him back on the thread
Wisdom is profitable in all things
  • #6,702
  • Mar 12, 2021 7:43am Mar 12, 2021 7:43am
Quoting Marcusv007
Thank you MACD for this beautiful EA and for being a great human being!, you have provided a god sent of an EA. One cant help but feel eternally grateful... I dont know if its possible but maybe I love this EA more than you haha! I now understand the opportunities are infinite with this EA we are literally limited by our imagination. But it is a master piece! one is infinitely grateful. God bless you and your family. ps. a random idea for the group lets compound an amount of money by roughly 2% -5% daily with the absolute of minimum risk!!!...
I agree, we should all also post screenshots of our input settings etc, as this will be the way we fine tune parameters according to trading strategy.
  • #6,703
  • Mar 12, 2021 8:10am Mar 12, 2021 8:10am
Are real dummies 0.01, 0.02, .... related to MACD as shown in tips pop-up window?
RSI is shown in SAR button tips?
  • #6,704
  • Mar 12, 2021 8:24am Mar 12, 2021 8:24am
Quoting Forenicus
{quote} I agree, we should all also post screenshots of our input settings etc, as this will be the way we fine tune parameters according to trading strategy.
That is a great idea. And along with the screenshot a short description on how the trades are going .. for example :

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Start Balance / Equity : 3942.00 USD
Startdate : 12.03.2021 09:25:00
Screenshot take : 12.03.2021 15:21:00

I've been testing the EA the entire week almost and I'm really happy with how it is performing. I'm going to test this from next week onward on a real account. I expect the same results. I'm so grateful and thankful for Mr. MACD-RSI for giving us this wonderful tool and for all the hard work and labor he put into this. It's good to see that people with such a warm heart still exist in this (very often) crazy world.
  • #6,705
  • Mar 12, 2021 9:09am Mar 12, 2021 9:09am
Quoting Hactic
{quote} That is a great idea. And along with the screenshot a short description on how the trades are going .. for example : {image} Start Balance / Equity : 3942.00 USD Startdate : 12.03.2021 09:25:00 Screenshot take : 12.03.2021 15:21:00 I've been testing the EA the entire week almost and I'm really happy with how it is performing. I'm going to test this from next week onward on a real account. I expect the same results. I'm so grateful and thankful for Mr. MACD-RSI for giving us this wonderful tool and for all the hard work and labor he put into...
Thanks Hactic, Is this any specific strategy described in the document, or your own ! To start with what would be the recommendation , may be few Orange numbers like 67, 100 on different demo to observe !
  • #6,706
  • Mar 12, 2021 9:53am Mar 12, 2021 9:53am
Quoting Hactic
{quote} That is a great idea. And along with the screenshot a short description on how the trades are going .. for example : {image} Start Balance / Equity : 3942.00 USD Startdate : 12.03.2021 09:25:00 Screenshot take : 12.03.2021 15:21:00 I've been testing the EA the entire week almost and I'm really happy with how it is performing. I'm going to test this from next week onward on a real account. I expect the same results. I'm so grateful and thankful for Mr. MACD-RSI for giving us this wonderful tool and for all the hard work and labor he put into...
Hi all new mates, please also see posts from MACD-RSI regarding this EA, he always says that the results, any good or bad, are only of the traders and not of this EA. Results are reflection of the trader's skills and not on the EA. So please keep this in mind.
  • #6,707
  • Mar 12, 2021 10:19am Mar 12, 2021 10:19am
Quoting Mt4canfx
{quote} Hi all new mates, please also see posts from MACD-RSI regarding this EA, he always says that the results, any good or bad, are only of the traders and not of this EA. Results are reflection of the trader's skills and not on the EA. So please keep this in mind.
Hi Mt4canfx,

That is entirely true, and I therefore sincerely apologize. I shall refrain from using terms as "I will test this EA" in the future. The EA is indeed flawless and all errors or bad results should be credited to the user/trader. That is so true. If you loose, you can only blame yourself and not the EA.

Thank you for pointing this out to me.
  • #6,708
  • Mar 12, 2021 12:16pm Mar 12, 2021 12:16pm
Quoting Mt4canfx
{quote} Hi all new mates, please also see posts from MACD-RSI regarding this EA, he always says that the results, any good or bad, are only of the traders and not of this EA. Results are reflection of the trader's skills and not on the EA. So please keep this in mind.
Than I need help and hope one will help me to understand and to make a good set.. I will appreciate it in this hard time what we have..

thx in advance.. for those that share screenshots.. about their Dashboard
  • #6,709
  • Mar 12, 2021 1:00pm Mar 12, 2021 1:00pm
Quoting hhloverhh
{quote} Than I need help and hope one will help me to understand and to make a good set.. I will appreciate it in this hard time what we have.. thx in advance.. for those that share screenshots.. about their Dashboard
We are all here to learn how to use this excellent tool to its full capacity. Any trading tricks and tips from those traders that can use it consistently are most welcome.
As for me I am fighting a constant battle with managing the DD. Once the margin call gets close then its just a matter of time before the broker starts closing trades out for me. That said I believe my trading is improving, maybe its the numerous demo accounts/brokers i am running. Have a good weekend guys.

A
  • #6,710
  • Mar 12, 2021 3:51pm Mar 12, 2021 3:51pm
Dear Mr. Al-Otaibi,

Hope you are fine.

There is one suggestion; if you could please implement.

1) Smart-TP, for the TP we need a daily Target: in USD and %. When that target is met EA should not trade any further.
2) SMART-SL, we also need a max loss: When the equity/balance (after several Smart-SL hits) goes down to x USD or %, then disable trading.
  • #6,711
  • Mar 12, 2021 4:19pm Mar 12, 2021 4:19pm
Quoting wahdatw
Dear Mr. Al-Otaibi, Hope you are fine. There is one suggestion; if you could please implement. 1) Smart-TP, for the TP we need a daily Target: in USD and %. When that target is met EA should not trade any further. 2) SMART-SL, we also need a max loss: When the equity/balance (after several Smart-SL hits) goes down to x USD or %, then disable trading.
Yo boss,
I set the smart TP to the W setting. Once the TP triggers trading stops till I set it going again. I assume the SL works the same way.
Hope it helps.

A
  • #6,712
  • Mar 13, 2021 3:09am Mar 13, 2021 3:09am
Hi folks,

does anybody trade Gold and Silver? Do you find some good settings for it?

Best regards!
  • #6,713
  • Edited 6:50am Mar 13, 2021 5:59am | Edited 6:50am
Quoting LadyAmira
Hi folks, does anybody trade Gold and Silver? Do you find some good settings for it? Best regards!
These are gold/ silver settings that were kindly shared by Sacredragon...

In response to the thread:

In general all brokers are not created equal it is important to pay attention to your leverage and lot sizing aswell as "controling" the number for TO's that may open per asset (you can find the very same lotsizing and leveraging projects monetarily different from broker to broker for the exact same asset with same settings)....

DD -Idea: Just like you cant outrun a bad diet the same philosophy applies: IMHO in order to curb the DD there is a balance between the number of orders you have open at any one time (controlled leverage acceleration) helps with the total account negative and or its positive (i.e. amount of calories youre consuming lol) ; but more importantly by doing so one is provisioning for the necessary equilibrium of hitting your overall daily Target TP % gain in order to close out (that is assuming thats your strategy)....... My goal is to hit my Days %gain the the EA then closes-out so that tomorrow I start with a clean slate & press repeat.

I'm realizing a more cautious approach to maybe even pre-set 2 sessions of taking orders - with a max orders limit; that way you put a strangle hold on any potential breakout assets that would have continued to open and get away, a slightly wider D config maybe helps too!.my Friday settings are now stale and new lots will be tested Monday....lol again one is learning and these configurations are evolving week to week and even daily sometimes.

With that said, i find my settings still require alot of "hands on" therefore still under configuration.... I've shared my new Monday tweak settings! i.e latest adjustment. (Last week the 64 OD was 34)
Its important to appreciate that there are so many variables mainly being ones individual broker and then their leverage applied to various securities - so results will vary, most likely there will be your own tweaking to be done after you review successes and or failures. What works for you and what doesn't.
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The more you learn, the more you see
  • #6,714
  • Mar 13, 2021 6:34am Mar 13, 2021 6:34am
Quoting 40PipsAlan
{quote} Yo boss, I set the smart TP to the W setting. Once the TP triggers trading stops till I set it going again. I assume the SL works the same way. Hope it helps. A
Yes, I am familiar with this setting. But that can only give you one basket. Assume you want many baskets but a set Target in $$ amount. Also assume you want several SLs but one Equity Protection that will stop trading. That is in my case.
  • #6,715
  • Mar 13, 2021 1:34pm Mar 13, 2021 1:34pm
Is it possible to add horizontal bar for world markets sessions like this based on local times:

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  • #6,716
  • Mar 13, 2021 3:48pm Mar 13, 2021 3:48pm
Quoting Macd-rsi
{quote} no SL for pending orders do you want more entris or stop of each new entry!! stupid-conflict but if you against correct things, you can letter use any of 4 SL changers-scripts, explained in detail, to set SL
https://www.mql5.com/en/code/download/33585.zip
https://www.mql5.com/en/code/33524
Hello, can anyone turn this into a exe. file for me? mt4 Thanks.
those who can, do. those who cant, talk about those who can
  • #6,717
  • Mar 15, 2021 7:34am Mar 15, 2021 7:34am
Quoting gatorinla
{quote} https://www.mql5.com/en/code/download/33585.zip https://www.mql5.com/en/code/33524 Hello, can anyone turn this into a exe. file for me? mt4 Thanks.
I'm not sure what you want to achieve with a .exe in combination with mt4.
Are you sure you don't want .ex4 files ?
  • #6,718
  • Mar 15, 2021 8:30am Mar 15, 2021 8:30am
Dear All,

I'm new to this thread but I must admit that I am enjoying the EA to the fullest. It has so many features and settings which I absolutely love. I am studying to master them all but that is going to take a while. But like my grandfather said, "If you're not willing to put in the time and effort to learn then you will get nowhere in this life". The thing I am struggling with and I could use a little help with is strategies. I have some good strategies that I want to try in the EA. Is there any way I can somehow feed my strategies to the EA or make the current strategy visible so I know what the buy and sell triggers are. I know this is a noob question but after all I am still very much a noob when it comes to this EA.

Thank you so much in advance
  • #6,719
  • Mar 15, 2021 10:33am Mar 15, 2021 10:33am
Quoting 40PipsAlan
{quote} We are all here to learn how to use this excellent tool to its full capacity. Any trading tricks and tips from those traders that can use it consistently are most welcome. As for me I am fighting a constant battle with managing the DD. Once the margin call gets close then its just a matter of time before the broker starts closing trades out for me. That said I believe my trading is improving, maybe its the numerous demo accounts/brokers i am running. Have a good weekend guys. A
Thank you 40PipsAlan, I hope you had a great weekend. I'm doing pretty much the same thing with DD like Marcusv007 described. Once I've hit my daily target I sort of flush everything. Close all trades, like you would do in a grid system once you hit TP levels of the winning (and compensating) trades. For example .. on Friday my balance was 4.107,98 and this afternoon (Monday) my equity reached 4.406,18 with almost $500 DD. So I closed everything and sort of reset.

Attached Image
  • #6,720
  • Mar 15, 2021 10:56am Mar 15, 2021 10:56am
Quoting Hactic
{quote} Thank you 40PipsAlan, I hope you had a great weekend. I'm doing pretty much the same thing with DD like Marcusv007 described. Once I've hit my daily target I sort of flush everything. Close all trades, like you would do in a grid system once you hit TP levels of the winning (and compensating) trades. For example .. on Friday my balance was 4.107,98 and this afternoon (Monday) my equity reached 4.406,18 with almost $500 DD. So I closed everything and sort of reset. {image}
Good stuff Hactic. I have also hit my daily target of 2% as well. You will be surprised what 2% compounded adds up to over a month. Keep it up.
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