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Blessings V3_7-6 (By bluemele )

The user has deleted this system.

Blessings V3_7-6 Discussion

Vin Sempurai (sempuraifxx)
Jul 27 2010 at 06:33
67 posts

ajentha posted:
    Very useful explanation Gill

Thanks lot
Which broker is reliable for cent account

Can you give for set file for Blessing

Have a blessed day to U

bye

ajentha


Hi ajentha,
Maybe u should use a recommended setting tested at blessing website. But still, I'm agree with Gill that you also have to tweak a bit these setting depend on what your need. Means, you have to understand this EA first. I'm also testing these EA using demo right now. It just I don't know which broker a suit for me. Any suggestion?

Thanks.

The best things that could happen could also be the worst thing to happen
Alwin A Ashok (ajentha)
Jul 27 2010 at 06:52
14 posts
Hi Vin,

I aslo started Ikofx fx demo, 1000. 26/7/2010 started, 10 pair has attached, 8 pair has enable hedge. I have no idea about which one is best setting. low draw down and normal return and reliable cent account broker.


Broker: IKO FX Demo
Login:4228174
password: uojo3rl

please check and give best testing idea

bye
ajentha

Alwin A Ashok (ajentha)
Jul 27 2010 at 06:53
14 posts
bluemele
Jul 28 2010 at 05:13
272 posts

sempuraifxx posted:
    
ajentha posted:
    Very useful explanation Gill

Thanks lot
Which broker is reliable for cent account

Can you give for set file for Blessing

Have a blessed day to U

bye

ajentha


Hi ajentha,
Maybe u should use a recommended setting tested at blessing website. But still, I'm agree with Gill that you also have to tweak a bit these setting depend on what your need. Means, you have to understand this EA first. I'm also testing these EA using demo right now. It just I don't know which broker a suit for me. Any suggestion?

Thanks.


A good one.... :) Any one that allows nano lots and a balance greater than 500.00 per currency! :) FXOPEN, InstaForex, GoMarkets, IBFX, etc... I use IBFX, but I would like to have hedging as a possibility! :)

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
bluemele
Jul 28 2010 at 05:16
272 posts
EURAUD had a bit jump up, so I exited when I got the chance. Was a little late, cost me another 20.00 or so, but worth it! out of that one for good.

Next closest problem child could be EURCHF as far as a long term trender like mentioned. This last trend down was incredible.

gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Alwin A Ashok (ajentha)
Jul 28 2010 at 07:06
14 posts
Hi Gill,

I will go very shortly in nano Insta account, so please give more details for best pair for sutable for blessing3.

1) I can use hedge level 10
2) How may pair can use 1000$ Insta account

Please giide me for best pair and set file

Please Gil Barden/Vin sempurai

Have a wonderful day to U

bye
Ajentha

Alwin A Ashok (ajentha)
Jul 28 2010 at 07:09
14 posts
Hi Gil/Vin

Are you check my live demo testing from IKO MT4, please login and check the setting

Here is the invester password I have attached

Broker: IKO FX Demo
Login:4228174
password: uojo3rl


bye
ajenth

bluemele
Jul 28 2010 at 13:18
272 posts
My advice is to demo for at least 2 months so you learn it. Once you learned how it works, then go live....

GBPUSD is the best pair hands down in my opinion. Nothing else is close! Then EURUSD, GBPJPY...

Safest but lower Profit Factor is USDJPY which is what it was designed for.

I don't have time to check into account, my advice is go to the forum for support as I can't help you that much. Very busy.

Good luck.

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
fxgym (cun111)
Jul 28 2010 at 13:59
82 posts

Hi,

I noticed that blessing always insist on to trade in one direction regardless the initial trade would result in profit or loss. That is, let us assume that the market is in bull direction and our trade is in that way. suddeNly the market changes it direction to bearish. Our trades closes with profit (as we have tp) or with a small loss (sl). Then blessing open a new order (pending or market whatever the setting is) in again the previous direction i.e bullish. Again this trade closes but this time with a huge loss. Then an other trade is opened as before and trhe same result. I lived this situation in GBPJPY pair with standard settings.I lost about 400 pips because of this trade😡. Do you have any suggestion to prevent this. When a trade resulted in somehow whether as profit or loss, the subsequent trades should not be opened immediately. Instead the system should check the conditions according to current market trends. Have you got some idea or any advice to change my settings to sustain this.

cheers

Cuneyt.

bluemele
Jul 28 2010 at 14:47
272 posts
fxgym,

You can do a delay in order entries only for opening trades per the current options, however you could add code to wait so many seconds (thousands) after trade closes. That would require some programming.

Or, you could change the RSI settings as well. They make a big difference in determining trend is 'up' or 'down' or ranging. Yes, it will get you to hit the tip.

The way I trade blessings is not to look at individual trades, as you have to look at the basket of trades it creates. Yes, you can be down 400 pips or 1200 pips, whatever, but I don't exit them and I martingale out of them. If that idea is scary, then I suggest not using this EA as it really isn't overly cautious about entries....

Forex-tsd.com forum is really the best place to get advice for this because I am no expert. :)

P.S. So far, I have exited two basket of trades early and it has cost me about 310.00 in profits! :) That is my choice though. Trying to keep drawdown below 7%! :)

Gil

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
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