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Millionaire Expert (save as EA)

  • #11,841
  • Apr 1, 2022 4:41am Apr 1, 2022 4:41am
Quoting trader2022
{quote} I've changed OD and Smart TP as per market conditions. FYI: tonight US job data may have a news spike which is good for range-bound trading and MilionaireEA supports all sorts of market conditions. BL BS SL SS are to chose your trading method and you've to select manually as The EA doesn't switch buttons automatically as per market condition yet. There is BSM button to check one time market condition but not checking constantly or switching on off BL BS SS SL. This is upto Mohammad to include this option in Mahal. That's another GEM and...
Thank you very much for your advice! Everything is simple and clear!
If possible, please give recommendations on the installation and selection of OD .... How do you select it? This EA cannot be backtested, so we can only use observations?
  • #11,842
  • Edited 10:11am Apr 1, 2022 8:27am | Edited 10:11am
Quoting Sniper-FX
{quote} Thank you very much for your advice! Everything is simple and clear! If possible, please give recommendations on the installation and selection of OD .... How do you select it? This EA cannot be backtested, so we can only use observations?
This EA is best in all sorts of market conditions. However, if you are a manual trader and understand swings, technical, fundamental, trend, counter-trend then you may change settings to benefit in all situations. There are many who set and forget for months and years. but some want to exit bad trades with BE that's why we use smart TP. You will learn more as time flies. The newer version of Mahal is Technical and can understand trends and trade according to the market situation. But you need to absorb MillionaireEA prior to understanding Mahal. Study the market and learn from the market and mistakes that are forex trading.

Oh yes, you've to observe the market and learn from its behavior. Everyday ADR change means every new day each pair has a new direction and pattern. So anyone tells you they can forecast the future by backtesting then simply salute and tell "Peace be on you" and RUNNN. The forex market is made of pattern, technical, fundamental, and ie. Bro, If you decide to use MillionaireEA for intraday trading then find ADR for each pair and make TP for each pair. let's say EURUSD has ADR 90pips and AUDUSD has 120pips and trend for each pair let's suppose EURUSD has SELL (M, W, D) and AUDUSD has a trend buy(M, W, D)

EURUSD (OD 18 18), Activate (SL & SS), TP 90, TO 5 (90 / 5 = 18)
AUDUSD (OD 24 24), Activate (BL & BS), TP 120, TO 5 (120 / 5 = 24)

MillionaireEA will open trades in TREND only and TP will hit the same day otherwise if by change trade goes against you but still open position in trend so your trade will return +ve tomorrow.
  • #11,843
  • Apr 1, 2022 2:06pm Apr 1, 2022 2:06pm
Quoting DJTrend
{quote} Well, I'm already tense... 42% drawdown. This has never happened before {image}
version 07? i think it is better you switch to the 03.. at me.. stopped the EA only when I restarted the MT4.. but it stopped to work.. really much more before..
  • #11,844
  • Apr 1, 2022 2:23pm Apr 1, 2022 2:23pm
Quoting Macd-rsi
World Cup 2022 without Italy, like dinner without salt.
hehehe only now I read your phrase hehe.. the ball is round my brother Al-Otaibi.. that can happen
  • #11,845
  • Apr 1, 2022 2:28pm Apr 1, 2022 2:28pm
Quoting trader2022
{quote} This EA is best in all sorts of market conditions. However, if you are a manual trader and understand swings, technical, fundamental, trend, counter-trend then you may change settings to benefit in all situations. There are many who set and forget for months and years. but some want to exit bad trades with BE that's why we use smart TP. You will learn more as time flies. The newer version of Mahal is Technical and can understand trends and trade according to the market situation. But you need to absorb MillionaireEA prior to understanding...
Very good explanation... What I do is .. to restart the Price references .. each 1-2 weeks.. that Help too
  • #11,846
  • Apr 1, 2022 4:31pm Apr 1, 2022 4:31pm
Last week: 15%

this week:
i close everything
week profits 42%
28 pairs 16%
NAS100 26%
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,847
  • Apr 1, 2022 5:37pm Apr 1, 2022 5:37pm
Today is the first day of RAMADAN
Fasting for Allah

i hope my non-Muslim friends to try few days with us.
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,848
  • Edited 7:05pm Apr 1, 2022 6:00pm | Edited 7:05pm
Saw a member sharing about O=D=67 will never blow an account so decided to try this and after 1 week
DD < 5%
Profit = 22%
28 pairs
5k account

Looking good and hope can continue to be like this forever
  • #11,849
  • Apr 1, 2022 6:24pm Apr 1, 2022 6:24pm
Quoting Macd-rsi
Today is the first day of RAMADAN Fasting for Allah i hope my non-Muslim friends to try few days with us. {image}0
not only Muslim has to fast... cristians too.. we have in the next time easter.. we fast for 40 days during Lent
  • #11,850
  • Apr 1, 2022 7:10pm Apr 1, 2022 7:10pm
Quoting astraamii
Saw a member sharing about O=D=67 will never blow an account so decided to try this and after 1 week DD < 5% Profit = 22% 28 pairs 5k account Looking good and hope can continue to be like this forever
22% in week??

you are lucky because huge spikes on JPY pairs-- they move by more than 700 pips, and you absorb . .
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,851
  • Apr 1, 2022 7:11pm Apr 1, 2022 7:11pm
Quoting Macd-rsi
Today is the first day of RAMADAN Fasting for Allah i hope my non-Muslim friends to try few days with us. {image}0
Ramadan Mubarak for all my brothers.
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  • #11,852
  • Apr 1, 2022 7:13pm Apr 1, 2022 7:13pm
Quoting hhloverhh
{quote} not only Muslim has to fast... cristians too.. we have in the next time easter.. we fast for 40 days during Lent
Yes brother,
according to Holy Quran, Old Muslims (called now Christian, etc..) are fasting,
namely: David, Suliman, Maria, Jesus, Abraham etc . .
all are fasting.

how Christian are fasting these centuries?
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,853
  • Apr 1, 2022 7:16pm Apr 1, 2022 7:16pm
Quoting Macd-rsi
{quote} 22% in week?? you are lucky because huge spikes on JPY pairs-- they move by more than 700 pips, and you absorb . .
Thank you. I see. I'm truly happy if this settings can do 5-10% a week with low DD. This is very good enough
  • #11,854
  • Apr 1, 2022 7:21pm Apr 1, 2022 7:21pm
for my friends, if possible like for this tweet about my brother:
https://twitter.com/MsoSalman/status...40910114181125
g
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,855
  • Apr 1, 2022 7:24pm Apr 1, 2022 7:24pm
How do they fast in Vietnam?

I may guess phu fast for 5 consecutive days without eating/drinking/speaking?
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,856
  • Apr 1, 2022 7:40pm Apr 1, 2022 7:40pm
Quoting Macd-rsi
How do they fast in Vietnam? I may guess phu fast for 5 consecutive days without eating/drinking/speaking?
i don't know if i can do that or not, but there is one thing i'm 100% sure of:
i can sit and read Macd-rsi 's threads all day long.
  • #11,857
  • Apr 1, 2022 8:28pm Apr 1, 2022 8:28pm
Quoting astraamii
{quote} Thank you. I see. I'm truly happy if this settings can do 5-10% a week with low DD. This is very good enough
If your entry was 10 days ago, without TP, then profit now is 550 USD (will be 10% if your deposit is 5500 USD)
Instant tester
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F
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,858
  • Apr 1, 2022 8:34pm Apr 1, 2022 8:34pm
and if was applied for all currency pairs (76 with swissQuote) for this day only since day open:
profit will be 110 USD.
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each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #11,859
  • Apr 1, 2022 8:48pm Apr 1, 2022 8:48pm
Quoting Macd-rsi
and if was applied for all currency pairs (76 with swissQuote) for this day only since day open: profit will be 110 USD. {image}0
wow...wow...wow...
i am wondering where the limit of your ability is, Al-Otaibi.
  • #11,860
  • Apr 1, 2022 10:39pm Apr 1, 2022 10:39pm
Quoting hhloverhh
{quote} Very good explanation... What I do is .. to restart the Price references .. each 1-2 weeks.. that Help too

And I close my trades then reset references either for individual pair or for all 28 pairs together.

Yes weekly trading is very secure less loss and less profit. However, if phu is following that 2k account option then he will double his account by May end. I won't talk but will produce results by the end of April followed by May end. However, whatever we do but all thanks to Mohammad for this beautiful software and phu and all of you seniors testing this beautiful framework
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