Blessing 3 Review Scores
Blessing 3
www.jtatoday.com
Overall Score: 3.9/10
Total Votes: 206
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Blessing 3 Discussion
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Benny43

Member Since Jun 09, 2012  7 posts Benny Suryawan (Benny43) Jun 12 2012 at 11:07

   gerald325i posted:
   Currently running it live :) So far so good inching up.

yes the best marti ea ... :D

Dont be greedy, Use MM = Profit
TheTrampIt

Member Since Feb 17, 2011  40 posts The Tramp (TheTrampIt) Jun 12 2012 at 23:07
It's not a martingale EA, it's a grid EA.

The Titanic was built by professionals, but Noah's Ark was built by amateurs.
DayToRay

Member Since Mar 22, 2010  5 posts DayToRay Jun 15 2012 at 21:00
I think the best settings for this EA is default setting and 1h T/F
I think the best pairs of moneies of this EA are EURUSD, GBPUSD, USDCHF.

TheTrampIt

Member Since Feb 17, 2011  40 posts The Tramp (TheTrampIt) Jun 15 2012 at 21:08
The default setting are just numbers placed randomly.

IT IS STRONGLY ADVISED NOT TO RUN the default settings, but to load the tested settings found from the Wiki http://jtatoday.info/wiki/index.php?title=Blessing_Set_Files or from the forum http://www.jtatoday.info/forum/index.php

The Titanic was built by professionals, but Noah's Ark was built by amateurs.
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Jun 22 2012 at 18:30

   Benny43 posted:
   
   gerald325i posted:
   Currently running it live :) So far so good inching up.

yes the best marti ea ... :D



   TheTrampIt posted:
   It's not a martingale EA, it's a grid EA.


Since it's increasing the lot size when the position goes against it, Blessing 3 is a Martingale EA.
It's also a grid trader, based on how it makes the decision on where to open additional orders.

So it's both grid and martingale.

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
TheTrampIt

Member Since Feb 17, 2011  40 posts The Tramp (TheTrampIt) Jun 22 2012 at 19:56

Since it's increasing the lot size when the position goes against it, Blessing 3 is a Martingale EA.
It's also a grid trader, based on how it makes the decision on where to open additional orders.

So it's both grid and martingale.


Martingale sistems double the lots at fixed rates.

This doesn't.

Therefore it's a grid system, not a Martingale.

It's a subtle differnce, but still a difference. The difference that makes it a winner.

The Titanic was built by professionals, but Noah's Ark was built by amateurs.
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Jun 22 2012 at 20:43
Ok, I was using the more general interpretation of what Martingale means, and that is to increase the lot size again and again (no matter by how much), in a losing position. Doubling the size was the original way.

I agree that being less aggressive than the exponential Martingale helps reduce the drawdown.

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
TheTrampIt

Member Since Feb 17, 2011  40 posts The Tramp (TheTrampIt) Jun 22 2012 at 21:13
hat is to increase the lot size again and again (no matter by how much), in a losing position.


This is the main difference: Blessing will NOT open a new trade when the position is reached within the grid: it will wait that the trend is in the right direction before opening the new trade.

Of course, you can set Blessing to stupidl open the double sistematically if you wan to, but it's like having a 4x4 but not engaging it when entering a dirt road.

The Titanic was built by professionals, but Noah's Ark was built by amateurs.
NextLevelForex

Member Since Apr 25, 2011  248 posts Remus Miclea (NextLevelForex) Jun 22 2012 at 22:09
I see. Thanks for the explanation!

He who thinks he can, and he who thinks he cannot, are both right. ~ Henry Ford
DayToRay

Member Since Mar 22, 2010  5 posts DayToRay Jun 29 2012 at 19:54 (edited Jun 29 2012 at 19:58 )
I agree with 'The Tramp'. If you don't know how to drive racing cars , crash and die. END....
Blessing EA is like F1 cars. Blessing is a EA for F1 traders. Blessing drivers/traders always searching for good better set files... endless work but making $money$ little bit/alot and slow/fast. Blessing is a kind of Martingale. What's wrong with Martingale..? Martingale is okay if you know how to drive this EA. If you don't know... crash and die... THE END. If you drive Blessing EA safe, you can drive safe(...most of Blessing traders are safe drivers (after experiencing a few crash and die )... with protect your account features E/P,D/P,etc... )

Btw, 1) I don't see big any differences between Blessing and Evolution ???
          2) how Evolution traders backtest without downloading Evolution scripts to local pcs.???
                I don't think it is possible on SkyDesk server to run back test with historical prices data..... ??

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