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  • #101
  • Jul 1, 2015 9:24am Jul 1, 2015 9:24am
Quoting chucrut
{quote} Hi, can you share your .set file? Sorry but don't understand, you say you use tf M15, but the setting of "trend tf" you use the default W1? Thanks to all here.
It's the completely default set. Trend TF is W1 and on Daily chart. So it opens new trades beginning of every new daily bar.
Now I went and put still default settings on M15 chart.
  • #102
  • Jul 1, 2015 9:31am Jul 1, 2015 9:31am
Quoting Ultimate6
{quote} It's the completely default set. Trend TF is W1 and on Daily chart. So it opens new trades beginning of every new daily bar. Now I went and put still default settings on M15 chart.
Magic_Number=40301
r1=Position Management
Fixed_Lot_Size=0.01
Lot_as_EQ_Perc=0.0
pos_count=3
batch_count=30
r2=Entry Filters
Trend_TF=W1
Trenf_TF_Bars=8
Trend_TF_Shift=1
Retrace_TF=M15
Retrace_TF_Bars=1
r3=Trade Management
SL_ADR=1
BE_ADR=1
TR_ADR=3
r4=ATR Indicator Settings
ATR_Period=14
ATR_Shift=1
r5=CCI Indicator Settings
CCI_Period=56
CCI_Shift=1

Can you confirm?
I will set up a demo...
  • #103
  • Jul 1, 2015 9:42am Jul 1, 2015 9:42am
Quoting chucrut
{quote} Magic_Number=40301 r1=Position Management Fixed_Lot_Size=0.01 Lot_as_EQ_Perc=0.0 pos_count=3 batch_count=30 r2=Entry Filters Trend_TF=W1 Trenf_TF_Bars=8 Trend_TF_Shift=1 Retrace_TF=M15 Retrace_TF_Bars=1 r3=Trade Management SL_ADR=1 BE_ADR=1 TR_ADR=3 r4=ATR Indicator Settings ATR_Period=14 ATR_Shift=1 r5=CCI Indicator Settings CCI_Period=56 CCI_Shift=1 Can you confirm? I will set up a demo...
Yes.
  • #104
  • Jul 1, 2015 9:47am Jul 1, 2015 9:47am
Quoting Ultimate6
{quote} Yes.

bro can you please upload backtests of the pairs that i mentioned
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #105
  • Jul 3, 2015 2:31am Jul 3, 2015 2:31am
Quoting Soros
EA doing well, so far so good, anybody else farward testing this baby?
Hi Soros,

I've been running this EA for 4 weeks and getting good results. After 2 weeks I have doubled my account. The third week it dropped back to 50% and has been at 50%since then. I'll do some testing to see if its better to close the EA before Friday each week. I've been using all pairs but position 1 batch 4 with defaults.

I ran the EA this week on a separate account and found most of my pairs went into profit fairly soon except my GBPAUD trade that went into a loss almost immediately. Then it retraced and kicked off another trade. They both stopped out. Until the first trade is proven then would it be best for the EA to block any new trades. Just a thought.
  • #106
  • Jul 3, 2015 2:39am Jul 3, 2015 2:39am
Quoting rostaus
{quote} Hi Soros, I've been running this EA for 4 weeks and getting good results. After 2 weeks I have doubled my account. The third week it dropped back to 50% and has been at 50%since then. I'll do some testing to see if its better to close the EA before Friday each week. I've been using all pairs but position 1 batch 4 with defaults. I ran the EA this week on a separate account and found most of my pairs went into profit fairly soon except my GBPAUD trade that went into a loss almost immediately. Then it retraced and kicked off another trade....

Fantastic bro, EA still in developing mode! we are still refining and perfecting it!

Congrats on those gains!!!
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #107
  • Jul 6, 2015 7:41am Jul 6, 2015 7:41am
Hello Scoros and Abokwaik,


Thanks for your hard work and really very much appreciated.

I did not see any Take Profit in this robot, I am testing from one day and there is only los but no profit and how profit will be take?

regards
Ahmed
  • #108
  • Jul 6, 2015 9:10am Jul 6, 2015 9:10am
please read the thread carefuly bro, the EA will trail your orders, try to change your trail value from 3 to 1, EA makes way more money that way
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #109
  • Jul 6, 2015 1:00pm Jul 6, 2015 1:00pm
Thanks Soros for your feedback.

you meant I use BEM_01.ex4 which is tested and it is working fine,

How much deposit required to start trading with BEM_01.ex4?

regards
  • #110
  • Jul 6, 2015 3:13pm Jul 6, 2015 3:13pm
Quoting AhmedSaeed
Hello Scoros and Abokwaik, Thanks for your hard work and really very much appreciated. I did not see any Take Profit in this robot, I am testing from one day and there is only los but no profit and how profit will be take? regards Ahmed
Salam Ahmed,

I assume you will be testing this on demo account.

This robot is a long-term robot, it may take large number of small consecutive losses, but when it catches a trend it may cover previous losses and starts to generate and accumulate profit.

I didn't do extensive tests of it, I don't know if any follower has done (except for Soros).

For you Ahmed, and any one else, who wants to try this (or any other robot for that matter), please do your homework of:
- - extensive back testing with HQ data.
- - at least 2 months of forward testing with a minimum of 30 trades

before going live.

Regards,

Khalil
No guts, no glory
  • #111
  • Jul 8, 2015 8:39am Jul 8, 2015 8:39am
Walykumsalam Khalil,

Thanks/Sukaran Habibi and highly appreciated your response,

Is there any robot for short time frame trading?


regards
Ahmed
  • #112
  • Edited 1:53pm Nov 12, 2015 1:38pm | Edited 1:53pm
anyone still using this EA?
  • #113
  • May 3, 2016 5:23am May 3, 2016 5:23am
Quoting keziahpie
anyone still using this EA?
keziahpie, im new to this ea and inspecting it. from what i see, did run 5 tests on 5 different pairs, it would still point out good opportunities, but it lacks take profit, i think people walk away if tester shows only less then 10% of trades are profitable, im willing to experiment with it but in need for a coder who's willing help to implement more accurate trailing when a trade is a few days old and in positive area, there are many trades that will have such conditions, if you were to find your terminal with thousands of pips in the green, you would start collecting immediate in stead of leving them on the table until you trailing stop many hundreds of pips behind price will take you out. Thats what i see on the tester charts. So the basic idea is worth gold, entries and exits are not great but its defenitely something. I hope Kahil can / will help out
  • #114
  • May 3, 2016 6:08am May 3, 2016 6:08am
It brings me joy to see that people are still using this strategy and testing it, this is a long term strategy that is based on the millepede idea, its SIMILAR to how the turtles traded and if you catch a trend long enough it will make you very wealthy, this idea is taking many small losses and a few big wins that outshine the losses, with this strategy you don't look at short term goals like months but you look at longer term goals like 1year, last year i was able to achieve 450% trading this method, if you are new to trading this method is definitely not for you because psychologically you are not ready to watch your money disappear and hope that the strategy will come back and make profits, you obviously cant use the strategy at face value, you need to tweek it for it to work properly, i have received a few messages from traders who use this live.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #115
  • May 3, 2016 7:57am May 3, 2016 7:57am
hello,

here is a report from testing bem on EJ, when i looked at it i was wondering if it was possible to see soo many trendswitches in such a short time.
i put the testerreport in spreadsheet marked the tradeside on weekly chart with either green or red vertical line, hoping that someone can help as i thougth it was needed to have 8 weekly downbars to consider trend down and 8 weekly upbars to consider trend up, but that is not what is programmed as it flips trend a number of times every week.

Can somebody comment?
Attached File(s)
File Type: xlsx test_EJ_BEM.xlsx   67 KB | 599 downloads
  • #116
  • Last Post: Aug 9, 2016 4:38am Aug 9, 2016 4:38am
This is a long term strategy
I am what Many Dream to be but only a few can achieve, im a part of the 1%
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