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Blessings V3_7-6 (By bluemele )

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Blessings V3_7-6 Discussion

fxgym (cun111)
Sep 02 2010 at 07:13
82 posts

Hi

My mt4 platform is shutting down very frequently after I started to use b3 eas. Have you ever been experienced such a problem?

cuneyt

bluemele
Sep 02 2010 at 15:23
272 posts
No, strange....

Which broker, demo or live etc...?

Try the new 3.8 version on the website, maybe that will help? Or if it is the new one, go back to the old one??

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
fxgym (cun111)
Sep 02 2010 at 17:39
82 posts

Hi

broker 4x place lıve acct.

cuneyt

bluemele
Sep 02 2010 at 18:07
272 posts
Sorry, my guess would be your broker as I am not familiar with them?

What does it say in your journal or EA's?

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
fxgym (cun111)
Sep 02 2010 at 18:21
82 posts

nothing in the journal.

my platform is mt4 build 226. I had read somewhere it had other newer versions and 226 might have some trouble. Have any idea?

cuneyt

bluemele
Sep 02 2010 at 20:17
272 posts
None.... Sorry.... :( Might try the forum.... :(

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Gerald (gerald325i)
Sep 04 2010 at 20:31
159 posts
Gil, what would you recommend I use for MM for say 6 pairs on same account? Until the end of 3.7 I had been setting MM to false and controlling the lot size myself. With the new version I started using the PercentPC and dividing it according to pairs to equal 100%, but Now with 4 pairs running and the acct divided into 4 x 25%...seems like a good way to blow 25% of my account. Or should I lower to say 10% for each pair so that any pair blowing up still lets me pocket a bunch? Or just go back to manual...but my potential is limited that way...I dunno...but I see that a backtest for 2008 or 2007 would blow most set files...yikes...

Take your profits while you can or the market will take them from you
Gerald (gerald325i)
Sep 04 2010 at 20:35
159 posts
Ohh, comment on your equity line...pretty much follows your balance line, meaning small drawdowns, you must have a very low risk setting but I'm betting this comes from experience with B3?

Take your profits while you can or the market will take them from you
bluemele
Sep 04 2010 at 20:45
272 posts
I have extended grid settings some. for example GBPJPY = 35,70,140 instead of 25,50,100

GBPNZD = 50,100,200 etc...

TP's are just double and I have BE = 5 on the pairs that tend to move more.

Plus, I have them all digging into a pile of 10K together... And, I close out trades depending on pivots and how I feel... For example (probably not right), but it looks like AUDUSD was peaking and going to retrace. So.... I go through all AUD pairs and close them out if in profit. If they are higher level - pairs, then I leave it waiting for the retrace.

You can usually kind of tell where it will retrace generally the way it is acting and or support/resistance, fibs or other factors like a 3 week straight run in one direction. I also trade futures and the AUDUSD is closely aligned with S&P (ES).

So... yes, my goal is low DD... However, on a day like May 6, I will still get killed... :)

I am going to start testing again what I did in May. On a live account with 1,000 I will open up 20 pairs. Each pair will get an EP @ 50.00 and I will shrink the grid size to approx 15,25,50 with 3 of each. TP's will be double, BE = 5 levels.

In May it was trending too much.... So, I figure now (Sept, Oct trends a lot too!) could be risky as well, but I do believe I could net 4.4% roughly a month out of such a system...

Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
bluemele
Sep 04 2010 at 20:51
272 posts

gerald325i posted:
    Gil, what would you recommend I use for MM for say 6 pairs on same account? Until the end of 3.7 I had been setting MM to false and controlling the lot size myself. With the new version I started using the PercentPC and dividing it according to pairs to equal 100%, but Now with 4 pairs running and the acct divided into 4 x 25%...seems like a good way to blow 25% of my account. Or should I lower to say 10% for each pair so that any pair blowing up still lets me pocket a bunch? Or just go back to manual...but my potential is limited that way...I dunno...but I see that a backtest for 2008 or 2007 would blow most set files...yikes...



I don't know, I am no expert. I can't even get my backtesting working right now. See forex-tsd.com

Honestly, if you do it the traditional way, you just have to make enough money to survive the EP's... It should be profitable as an EP shouldn't be that often. however, that is why I like more pairs than less pairs....

Grid Traders are just plain dangerous and either a) you have a lot of backup money to fix it, which means you are making a much smaller return or b) you are lucky.

In my opinion only one pair works on this thing flawlessly and that is USDJPY. However, your returns on that guy are going to be considerbly less than what you would get typically with more risk, but with less drama. For example, just live testing I am making about 30 per month off of a 500.00 account and to most that is great. :) Multiply that and you will see quite a nice reward. CHFJPY could be really good toooo....

Why is 6% return per month soooooo bad??

Gil

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