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Millionaire Expert (save as EA)

  • #12,661
  • Jun 22, 2022 6:10am Jun 22, 2022 6:10am
Quoting phuclockbs
{quote} how about 12-days theory? do we need to wait?
This day is the 12th day.
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=
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,662
  • Edited 7:44am Jun 22, 2022 7:05am | Edited 7:44am
Quoting Macd-rsi
{quote} This day is the 12th day. {image}=
it is clear now. Thank you.
By the way, i saw this candle when checking CHFJPY chart. It was a spike of 3000 pips in one day !!!
Is there a way that our account can survive with this kind of volatile? (assume at that time we were trading 28 famous currency pairs with O=D=67*pairPrice on a balance of 10,000 USD)
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  • #12,663
  • Jun 22, 2022 8:16am Jun 22, 2022 8:16am
Quoting phuclockbs
{quote} it is clear now. Thank you. By the way, i saw this candle when checking CHFJPY chart. It was a spike of 3000 pips in one day !!! Is there a way that our account can survive with this kind of volatile? (assume at that time we were trading 28 famous currency pairs with O=D=67*pairPrice on a balance of 10,000 USD) {image}
Because of this reason, I do not trade CHF.
  • #12,664
  • Jun 22, 2022 10:18am Jun 22, 2022 10:18am
I see there was a terrible earthquake in Pakistan. Mohammed, were you affected by the quake? Deepest sympathy to those and families affected.
  • #12,665
  • Jun 22, 2022 1:17pm Jun 22, 2022 1:17pm
Hi Phuclockbs

For some reason I cannot see the long candle from 21 Dec2009 from 2 brokers i checked? Can you check this one from 15 Jan2015 if you see it. Also is the inserted images viewable? Thanks

......also I think one has to work in a proper SL to prevent been taken out by spikes.
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  • #12,666
  • Jun 22, 2022 1:40pm Jun 22, 2022 1:40pm
Quoting ReFLeX-
Can you check this one from 15 Jan2015 if you see it
yes, this is what i see from the Swissquote broker. a movement of 2,400 pips in 1 day !!!
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  • #12,667
  • Jun 22, 2022 2:50pm Jun 22, 2022 2:50pm
Quoting phuclockbs
{quote} it is clear now. Thank you. By the way, i saw this candle when checking CHFJPY chart. It was a spike of 3000 pips in one day !!! Is there a way that our account can survive with this kind of volatile? (assume at that time we were trading 28 famous currency pairs with O=D=67*pairPrice on a balance of 10,000 USD) {image}
for swissquote you have to cancel 2 candles each 12 days, since their week is 6 days not 5 days!
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,668
  • Jun 22, 2022 3:01pm Jun 22, 2022 3:01pm
with FXDD: correct charts week=5days.
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you save losses of 500 pips, for one entry
for Grid entry you may have 5 to 12 orders
if you start GRID now, it is good chance SL.

If you follow 12-days, tough rule: then, from this day you use H4, for 12-rule, with each new high.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,669
  • Jun 22, 2022 3:53pm Jun 22, 2022 3:53pm
let us GRID:
O=D=7 to 15 (depend on your account size)
TO=12,
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9
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,670
  • Jun 23, 2022 3:26am Jun 23, 2022 3:26am
Quoting Macd-rsi
let us GRID: O=D=7 to 15 (depend on your account size) TO=12, {image}9
you make my life much easier with the TESTER.
I love it so much.
Thank you.
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  • #12,671
  • Jun 23, 2022 7:19am Jun 23, 2022 7:19am
Quoting phuclockbs
{quote} you make my life much easier with the TESTER. I love it so much. Thank you.{image}
yes
tester like heroine
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,672
  • Edited 8:56am Jun 27, 2022 5:22am | Edited 8:56am
Quoting Macd-rsi
NewLesson: Iteration timer
one of most essentail parts of the expert.
do you remember GBP crashed two years ago?
for the same exact setting:
if you choose 0.0 second you loss your account
if you choose 20 seconds, your account is doubled
it is a matter of time.
Dear Al-Otaibi,
With new version, there is no Iteration timer anymore.
So what parameters should we set to avoid losing the account and double it when the GBP crashed two years ago?
  • #12,673
  • Jun 27, 2022 9:23pm Jun 27, 2022 9:23pm
Quoting phuclockbs
{quote} Dear Al-Otaibi, With new version, there is no Iteration timer anymore. So what parameters should we set to avoid losing the account and double it when the GBP crashed two years ago?
yes, cancelling looping is enough to avoid any crash.
so no need to iteration timer which may make expert hang or stop.
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,674
  • Jun 28, 2022 2:18am Jun 28, 2022 2:18am
Quoting Macd-rsi
{quote} yes, cancelling looping is enough to avoid any crash. so no need to iteration timer which may make expert hang or stop.
what do you mean by saying cancelling looping?
cancelling looping = make ITERATE GRAY (not RED) ????
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  • #12,675
  • Jun 28, 2022 10:19am Jun 28, 2022 10:19am
Quoting phuclockbs
{quote} what do you mean by saying cancelling looping? cancelling looping = make ITERATE GRAY (not RED) ???? {image}
explained in detail in about 60 posts last 2 months
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,676
  • Jun 29, 2022 8:15am Jun 29, 2022 8:15am
Helloo, I just found this Project and it looks interesting. From the glance of it my mind is blown by all the buttons and blinking lights. But after a few minutes of reading about the settings and different posts I managed to get it to work on a demo account.

Is it possible to backtest it somehow?

(Sorry if this has been asked many times before in this group)

All the best,
Rob
It's hard to measure 'almost,' because 'almost' doesn't matter
  • #12,677
  • Jun 29, 2022 9:07am Jun 29, 2022 9:07am
Quoting Misterprice
Helloo, I just found this Project and it looks interesting. From the glance of it my mind is blown by all the buttons and blinking lights. But after a few minutes of reading about the settings and different posts I managed to get it to work on a demo account. Is it possible to backtest it somehow? (Sorry if this has been asked many times before in this group) All the best, Rob
No, this EA can not back-test. The result of this EA is based on your own input and it works on the principle of GIGO (Garbage in Garbage Out). This EA is a tool for you to use based on your trading style. Before using it, you must read the material well and understand it.
  • #12,678
  • Jun 29, 2022 5:32pm Jun 29, 2022 5:32pm
Quoting Macd-rsi
remain only one rule (very-dirty rule) doubling leverage rule--or double full margin can not be used with SOLs less than 50% !! hanswu: i have 1000 USD, max lots at full margin is 3.34 lots-- i can not enter more than 3.34 lots. my SOL is 0% (EXNESS) sacredragon: no you can using dirty rule in a smart way. hanswu: How? sacredragon: you said: full...
Dear Al-Otaibi,
i am wondering if "less" was just a mistake of keyboard-typing and what you really want to say is "can not be used with SOLs MORE than 50%"
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am i correct?
  • #12,679
  • Jun 29, 2022 8:52pm Jun 29, 2022 8:52pm
you're correct
and can add, and can not be used with 100%
each day 10%,,,, https://www.forexfactory.com/thread/1371538
  • #12,680
  • Jul 1, 2022 6:33am Jul 1, 2022 6:33am
Dear Al-Otaibi,
i am wondering if it should be: r=2 for BTCXAG
in the image below, i choose the ORANGE-67 with Justice for the BTC group.
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