Blessing (de melpheos)

Gain : -97.29%
Drawdown 99.20%
Pips: 270.0
Transactions 1113
Gagné:
Perdu:
Type: Réel
Levier: 1:400
Trading: Automatisé

Discussion Blessing

Aug 15, 2012 at 16:21
Vues 941
10 Replies
Membre depuis Feb 16, 2010   posts 10
Dec 04, 2012 at 23:43
This is the standard free blessing EA available at https://www.jtatoday.com/blessing.html
My settings are default except for autocal set to true with gaf set between 0.5 and 0.8 on daily TF
Charts are set on hourly TF
Membre depuis Jul 28, 2011   posts 64
Dec 05, 2012 at 02:00
good luck. dont let blessing become a curse. 😄
Keep Moving Forward
Membre depuis Feb 16, 2010   posts 10
Dec 05, 2012 at 13:01
4xpinoy posted:
good luck. dont let blessing become a curse. 😄
Thanks for the support, i'll need it. Any martingale system can be stressfull but i intend to keep the risk low as long as the return ratio stays above 5% and seeing other martingale system, blessing with the default multiplier or 1.4 instead of the usual 2 and it's increasing grid system looks much safer.
rob559
forex_trader_29148
Membre depuis Feb 11, 2011   posts 1916
Dec 05, 2012 at 17:03
good reults ,the grid increasing feature is quite interesting,how long has it been there?
Membre depuis Feb 16, 2010   posts 10
Dec 05, 2012 at 17:47
rob559 posted:
good reults ,the grid increasing feature is quite interesting,how long has it been there?
Since the beginning of blessing i think.
Also even if the price reached the next level, it will still wait for specific condition to actually take the trade. It also has a security feature to wait after one trade to prevent a price run up. For instance if your grid starts at 1.5 and next trade is supposed to be taken @ 1.6 but the price goes fast to 1.7 then trade wont be taken @ 1.6 but more closely to 1.7
Membre depuis Feb 16, 2010   posts 10
Dec 17, 2012 at 17:41
My demo account was at 99000$ but blew up after i increased the risk to start lot of 0.04
On the other side i was not using the grid auto ajust so the grid was much more tight than was it should have been.
Lesson learned, i will not increase the starting lot before a long time
Membre depuis Feb 16, 2010   posts 10
Jan 29, 2013 at 20:20
bad drawdown from UY currently wont see the light for some time i think
Membre depuis Feb 16, 2010   posts 10
Feb 01, 2013 at 09:29
Closed the bad UY trade after a few manual trades. Perf would not be that good without the manual trade (in fact break even)
Membre depuis Jul 28, 2011   posts 64
Feb 21, 2013 at 04:17
and again blessing EA becomes a curse. please stay away from it. i also suffered alot from this blessing EA.
Keep Moving Forward
Membre depuis May 15, 2012   posts 247
Feb 21, 2013 at 07:45
me too 😭
Membre depuis Oct 24, 2012   posts 68
Feb 22, 2013 at 09:45
Not really, blessing can be used on very ranged pairs like AUD/USD , compared to eur/usd, or jpy pairs, because they move much more rapidly most of the time. Due to its martingale system, in the event of wrong direction and breakout, its advisable to only trade pairs that are consistently within range, and won't move more than 400 pips most of the time. And change the grid settings to more than adding new positions every 30-50 pips do it to 100-200 pips.
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