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Most Famous Blessing 3.9.6 EA and Setfiles

  • #3,521
  • Nov 21, 2023 5:08pm Nov 21, 2023 5:08pm
Quoting circa1875d
I tried to put the EA into VPS and let it run live, but somehow for three days now, EURUSD/GBPUSD/ and XAUUSD has not open any trade. How do I make it auto trade live? Thank you.

please post a screenshot just to be sure the EA is set correctly to allow live trading.
Attached Image (click to enlarge)
Click to Enlarge Name: B3 live trading.png Size: 20 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,522
  • Nov 21, 2023 11:22pm Nov 21, 2023 11:22pm
Quoting emmanuel7788
{quote} please post a screenshot just to be sure the EA is set correctly to allow live trading. {image}
it seems the setting is right for live trading but did not have any trade still for some reason…
Attached Image (click to enlarge)
Click to Enlarge Name: 990653A1-1320-4FAA-962F-E702ED69424D.jpeg Size: 1.7 MB
  • #3,523
  • Nov 22, 2023 2:59am Nov 22, 2023 2:59am
Quoting circa1875d
{quote} it seems the setting is right for live trading but did not have any trade still for some reason… {image}

what is your ForceMarketCond setting?

Buy = 0
Sell=1
Buy/Sell=2
No trade =3
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,524
  • Nov 22, 2023 3:24am Nov 22, 2023 3:24am
Quoting circa1875d
{quote} it seems the setting is right for live trading but did not have any trade still for some reason… {image}
You should really consider testing this on a demo account for at least a month or 2 and get used to all the settings for this monster of a robot. I hope this works out for you.
  • #3,525
  • Nov 26, 2023 3:58pm Nov 26, 2023 3:58pm
Quoting 40PipsAlan
{quote} You should really consider testing this on a demo account for at least a month or 2 and get used to all the settings for this monster of a robot. I hope this works out for you.

He isn't very active here.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,526
  • Nov 26, 2023 4:06pm Nov 26, 2023 4:06pm
Quoting emmanuel7788
{quote} Market is open now ... run Blessing3 in your Demo account and tell me the error log in your MT4 journal. XAU Week 47 Nov 20 to 24 ... - do you want to buy FMC=0 or sell FMC=1 > If you buy, your cut-loss is previous 2 weeks Low > IF you sell, your cut-loss is previous 2 weeks High {image} >> now you pick another 4 pairs , >> pick your 5 pairs carefully follow simple rules , >> what if, out of 5 pairs, 3 pair make profits and 2 pairs end up with Cut-Loss ... 60:40 ...
Attached Image (click to enlarge)
Click to Enlarge Name: XAU Nov20 Week 47 TMS EVO IX 20-11-2023 6-26-12 am.png Size: 24 KB
...

XAU UPDATE: Week 48 Nov 27 to Dec 01

- this week remains a Buy mode FMC=0

- those who trade Sell FMC=1 last week would have cut-loss


Attached Image (click to enlarge)
Click to Enlarge Name: XAU Nov27 Buy 27-11-2023 7-55-58 am(update).png Size: 23 KB


> this week be careful if the Weekly HA candle drop below its HA Open and that HA candle would change colour ... early exit before 2CLB Cut-Loss.

> market is sideways ... narrow range now.

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,527
  • Nov 27, 2023 4:23am Nov 27, 2023 4:23am
Simple EA can be programmed to monitor the total profit and once it reaches the target profit, it will close all trades.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB
Attached File(s)
File Type: mq4 CloseTrades_After_Account_Profit_Reached in $ .mq4   3 KB | 367 downloads
TRUST IN GOD, God is Running Everything.
  • #3,528
  • Nov 28, 2023 8:36am Nov 28, 2023 8:36am
Blessing is a great EA. It has already earned me $100 in profit this month! I have a plan to develop an EA manager that is configurable to manage Blessing
  • #3,529
  • Nov 28, 2023 5:39pm Nov 28, 2023 5:39pm
Quoting zhin
Blessing is a great EA. It has already earned me $100 in profit this month! I have a plan to develop an EA manager that is configurable to manage Blessing
Yes! I agree Blessing3 is a great EA when you have tamed the monster.

When you have tamed the monster it will trade for you according to your system strategy which follows simple rules for entries and exits.

Attached Image (click to enlarge)
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One moneymanagement-based-system strategy is to use Blessing3 to trawl multiple currency pairs in the market.

Attached Image (click to enlarge)
Click to Enlarge Name: fishing trawling and whale hunting.png Size: 13 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,530
  • Nov 28, 2023 5:49pm Nov 28, 2023 5:49pm
Quoting thameemnf
Simple EA can be programmed to monitor the total profit and once it reaches the target profit, it will close all trades. {file} {image}

not a good idea when you want to maximize profits.

it is better to manage each currency pair according to its market type conditions,

some pairs would be trending,
some pairs in sideways wide-range and
some pairs in sideways narrow-range,....

with the optimized grid levels and lot size, every pair performs differently.

you can protect and manually 'inject orders' when market starts to trend in your favour.

> one objective is to "let profits run"

> something to think about

Attached Image (click to enlarge)
Click to Enlarge Name: Grid with BLADE.png Size: 21 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,531
  • Nov 28, 2023 11:46pm Nov 28, 2023 11:46pm
Quoting emmanuel7788
{quote} not a good idea when you want to maximize profits. it is better to manage each currency pair according to its market type conditions, some pairs would be trending, some pairs in sideways wide-range and some pairs in sideways narrow-range,.... with the optimized grid levels and lot size, every pair performs differently. you can protect and manually 'inject orders' when market starts to trend in your favour. > one objective is to "let profits run" > something to think about {image}
emmanuel，May I ask if your custom blessing EA opens positions based on indicators or if you manually open positions?
  • #3,532
  • Nov 29, 2023 8:01am Nov 29, 2023 8:01am
Quoting emmanuel7788
{quote} not a good idea when you want to maximize profits. it is better to manage each currency pair according to its market type conditions, some pairs would be trending, some pairs in sideways wide-range and some pairs in sideways narrow-range,.... with the optimized grid levels and lot size, every pair performs differently. you can protect and manually 'inject orders' when market starts to trend in your favour. > one objective is to "let profits run" > something to think about {image}
Dear Emmanuel, how do you handle the situation of counter-trend averaging in Blessing3? I'd like to hear your insights on this!
  • #3,533
  • Nov 29, 2023 11:43am Nov 29, 2023 11:43am
Quoting zhin
{quote} emmanuel，May I ask if your custom blessing EA opens positions based on indicators or if you manually open positions?

hi @zhin

I do not use any of the indicators in Blessing3 to initiate trades.

I trade with the FMC based on market type conditions.

B3 will perform the trade management after I initiated the first position in a basket.


I use some of the features in BlessingPro and Evolution 2.0 by JTA Today.

Attached Image (click to enlarge)
Click to Enlarge Name: Blessing Evolution Grid variants.png Size: 24 KB



...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,534
  • Nov 29, 2023 12:01pm Nov 29, 2023 12:01pm
Quoting zhin
{quote} Dear Emmanuel, how do you handle the situation of counter-trend averaging in Blessing3? I'd like to hear your insights on this!

Blessing3 has its own logic in determining Trending and Ranging market conditions. I do not follow them.
Most traders trade very short term with 1Hr chart timeframe and below.

I swing trade and using B3 as trade manager.

It is important to determine the market type conditions (trending and sideways ranging) with the Weekly timeframe technical analysis.
If you are caught in a consolidation market conditions and a new trend breaks out against your open baskets , then cut-loss is very simple ... previous two-weekly candles high/low will work.

XAU this week breakout ,
- some traders were in sell and they would have cut-loss when there is breakout



Attached Image (click to enlarge)
Click to Enlarge Name: XAU Week 48 BUY 30-11-2023 3-59-20 am.png Size: 16 KB




...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,535
  • Nov 29, 2023 12:31pm Nov 29, 2023 12:31pm
Quoting emmanuel7788
{quote} Blessing3 has its own logic in determining Trending and Ranging market conditions. I do not follow them. Most traders trade very short term with 1Hr chart timeframe and below. I swing trade and using B3 as trade manager. It is important to determine the market type conditions (trending and sideways ranging) with the Weekly timeframe technical analysis. If you are caught in a consolidation market conditions and a new trend breaks out against your open baskets , then cut-loss is very simple ... previous two-weekly candles high/low will work....
Hi Emm,
Thanks for this good info. I have tried to follow your WTDA many moons ago and failed to grasp it obviously. I am going to have to reread your WTDA posts again once I can find them and try it again. I have added some text to your picture, hope its right for cut loss levels and I assume its a manual thing to cut-loss unless Blessing can do this as well.
Attached Image (click to enlarge)
Click to Enlarge Name: Emm1.png Size: 17 KB
  • #3,536
  • Nov 29, 2023 3:41pm Nov 29, 2023 3:41pm
Quoting emmanuel7788
{quote} Blessing3 has its own logic in determining Trending and Ranging market conditions. I do not follow them. Most traders trade very short term with 1Hr chart timeframe and below. I swing trade and using B3 as trade manager. It is important to determine the market type conditions (trending and sideways ranging) with the Weekly timeframe technical analysis. If you are caught in a consolidation market conditions and a new trend breaks out against your open baskets , then cut-loss is very simple ... previous two-weekly candles high/low will work....
Thank you for your response. I might also develop my EA based on Blessing3 without indicators. I'd like to hear more of your thoughts. Do you use trend-following averaging?
  • #3,537
  • Nov 30, 2023 12:55am Nov 30, 2023 12:55am
Hi Everyone, i've been studying the Blessing EA for the past few days. Gotta say its a pretty interesting EA~ I was just wondering, is there a setting in the EA where we can set the stoploss based on the amount of Pips rather than using Max drawdown%?
  • #3,538
  • Dec 1, 2023 4:04am Dec 1, 2023 4:04am
Quoting Boogerballs
Hi Everyone, i've been studying the Blessing EA for the past few days. Gotta say its a pretty interesting EA~ I was just wondering, is there a setting in the EA where we can set the stoploss based on the amount of Pips rather than using Max drawdown%?
Yes.
Its explained in the manual.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,539
  • Dec 1, 2023 4:06am Dec 1, 2023 4:06am
Quoting zhin
{quote} Thank you for your response. I might also develop my EA based on Blessing3 without indicators. I'd like to hear more of your thoughts. Do you use trend-following averaging?

What do you mean by trend-following averaging.

I average up when in a trend.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #3,540
  • Dec 1, 2023 4:32am Dec 1, 2023 4:32am
Quoting 40PipsAlan
{quote} Hi Emm, Thanks for this good info. I have tried to follow your WTDA many moons ago and failed to grasp it obviously. I am going to have to reread your WTDA posts again once I can find them and try it again. I have added some text to your picture, hope its right for cut loss levels and I assume its a manual thing to cut-loss unless Blessing can do this as well. {image}

hi @Alan

WTDA we will do after today' NY Close 5pm.

I'll post a few examples and trade plans for Dec. Its my year end vacation time so trading will slow down and resume in Week 02 next year.

Blessing can do the cut-loss you set in its parameters but I prefer doing that manually which I have full control.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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