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BlueMonkey Real Money Live Test == Ended Oct 2014 (By bluemonkey)
Lietotājs ir dzēsis šo sistēmu.
Diskusija
Biedrs kopš
151 ieraksti
Sep 01, 2014 at 13:32
Juergen posted:parlavink posted:Juergen posted:parlavink posted:Juergen posted:
Hi Alex,
today the EA has open one Buy Trade with EURGBP and has make this Error Message:
2014.09.01 07:43:47.764 zero divide in 'BlueMonkeEA108.mq4' (254,66)
what mean this Error Message ?
hi juergen,
zero divide means not enough money in account to open position ...😄
greets
I have 502 € on the Account, but I think then I must set the Lotsize back to 0.02 instead of 0.2. Because it looks like the EA can not recognize that it is a Micro account. So I think in the Future I must Change the Micro Account to a Standard Account.
hi,
I think you do better with 0.02 because the MM regulates itself. But I think alex can give better answer.
greets
parlavink
Thank you for the good answer ! 😄
your welcome
😁
Biedrs kopš
587 ieraksti
Sep 01, 2014 at 13:33
check your broker's constraints.
they can limit the total number of trades opened at the same time.
they can limit the amount spend in the opposite direction. for example, they can allow only 20% of equity in counter trades etc...
from the backtests posted, I can see up to 23 trades opened in 1 direction at the same time.
so be ready for this!
they can limit the total number of trades opened at the same time.
they can limit the amount spend in the opposite direction. for example, they can allow only 20% of equity in counter trades etc...
from the backtests posted, I can see up to 23 trades opened in 1 direction at the same time.
so be ready for this!
Biedrs kopš
151 ieraksti
Sep 01, 2014 at 13:35
jcarre posted:Juergen posted:
Hi Alex,
today the EA has open one Buy Trade with EURGBP and has make this Error Message:
2014.09.01 07:43:47.764 zero divide in 'BlueMonkeEA108.mq4' (254,66)
what mean this Error Message ?
same error message on eurgbp:
2014.09.01 11:02:28.954 zero divide in 'BlueMonkeEA108.mq4' (333,68)
I had enough money and I the cause cannot be not enough money.
normally it means that your balance is not enough for more open position.
you can look it as zero divide mt4 google
greets😐
Biedrs kopš
108 ieraksti
Sep 01, 2014 at 13:36
jcarre posted:Juergen posted:
Hi Alex,
today the EA has open one Buy Trade with EURGBP and has make this Error Message:
2014.09.01 07:43:47.764 zero divide in 'BlueMonkeEA108.mq4' (254,66)
what mean this Error Message ?
same error message on eurgbp:
2014.09.01 11:02:28.954 zero divide in 'BlueMonkeEA108.mq4' (333,68)
I had enough money and I the cause cannot be not enough money.
I think my Problem is the Lotsize ( 0.2 ) ! But let's see what Alex has to say!
Biedrs kopš
151 ieraksti
Sep 01, 2014 at 13:37
Juergen posted:jcarre posted:Juergen posted:
Hi Alex,
today the EA has open one Buy Trade with EURGBP and has make this Error Message:
2014.09.01 07:43:47.764 zero divide in 'BlueMonkeEA108.mq4' (254,66)
what mean this Error Message ?
same error message on eurgbp:
2014.09.01 11:02:28.954 zero divide in 'BlueMonkeEA108.mq4' (333,68)
I had enough money and I the cause cannot be not enough money.[/quote
I think my Problem is the Lotsize ( 0.2 ) ! But let's see what Alex has to say!
yes 😀
Biedrs kopš
33 ieraksti
Sep 01, 2014 at 15:10
parlavink posted:
hi people,
My DD is currently 9% to eur gbp. not much!!.
My setting standard is 0:02 by currency
eur-usd 0.02-- 1000
eur-gbp 0.02--1000
greeting
parlavink
yes...I think people use too much leverage...it´s my opinion. The seller must attract customers...that´s OK... but sometimes I think people are not responsible enough about their money...
Biedrs kopš
33 ieraksti
Sep 01, 2014 at 15:11
parlavink posted:
hi people,
My DD is currently 9% to eur gbp. not much!!.
My setting standard is 0:02 by currency
eur-usd 0.02-- 1000
eur-gbp 0.02--1000
greeting
parlavink
like me, DD is currently 9.4% instead this morning was almost 12%
Biedrs kopš
108 ieraksti
Sep 01, 2014 at 15:23
Aitor posted:parlavink posted:
hi people,
My DD is currently 9% to eur gbp. not much!!.
My setting standard is 0:02 by currency
eur-usd 0.02-- 1000
eur-gbp 0.02--1000
greeting
parlavink
yes...I think people use too much leverage...it´s my opinion. The seller must attract customers...that´s OK... but sometimes I think people are not responsible enough about their money...
For your Information 0.2 Microlot is 0.002 Standardlot and I think that is not to much risk ! 😄
Biedrs kopš
151 ieraksti
Sep 01, 2014 at 15:37
Juergen posted:Aitor posted:parlavink posted:
hi people,
My DD is currently 9% to eur gbp. not much!!.
My setting standard is 0:02 by currency
eur-usd 0.02-- 1000
eur-gbp 0.02--1000
greeting
parlavink
yes...I think people use too much leverage...it´s my opinion. The seller must attract customers...that´s OK... but sometimes I think people are not responsible enough about their money...
For your Information 0.2 Microlot is 0.002 Standardlot and I think that is not to much risk ! 😄
okay that's for you calculation. I think EA calculated different. you put in 0.20 and then EA buys 0.20> in micro
Biedrs kopš
33 ieraksti
Sep 01, 2014 at 20:16
parlavink posted:Juergen posted:Aitor posted:parlavink posted:
hi people,
My DD is currently 9% to eur gbp. not much!!.
My setting standard is 0:02 by currency
eur-usd 0.02-- 1000
eur-gbp 0.02--1000
greeting
parlavink
yes...I think people use too much leverage...it´s my opinion. The seller must attract customers...that´s OK... but sometimes I think people are not responsible enough about their money...
For your Information 0.2 Microlot is 0.002 Standardlot and I think that is not to much risk ! 😄
okay that's for you calculation. I think EA calculated different. you put in 0.20 and then EA buys 0.20> in micro
yes ...you have to make the calculations by yourselves...if you put 0,2 it will buy 0,2 lots with a balance of 5000 usd or 50.000 usd...it doesn´t matter... 2usd/pip...that´s all
forex_trader_113355
Biedrs kopš
116 ieraksti
Sep 01, 2014 at 20:16
Hi Alex,
Your EA is very dangerous, It has taken 18 trades of more than 2 lots each and one trade 24.60 lots all buy trades of EURUSD and EURUSD is going down. Drawdown is more than 50%, seems it will blow out the account. I sent many e-mail and waiting the rescue operation. Shall I hedge manually or your EA will take care??
I sent ID and Password for Teamviewer and still waiting for you to see your crazy EA!!!!
Regards,
Dhiraj
Your EA is very dangerous, It has taken 18 trades of more than 2 lots each and one trade 24.60 lots all buy trades of EURUSD and EURUSD is going down. Drawdown is more than 50%, seems it will blow out the account. I sent many e-mail and waiting the rescue operation. Shall I hedge manually or your EA will take care??
I sent ID and Password for Teamviewer and still waiting for you to see your crazy EA!!!!
Regards,
Dhiraj
forex_trader_205556
Biedrs kopš
5 ieraksti
Sep 01, 2014 at 20:17
Hi Guys,
I will start trading the EA today on a 10.000 EUROS account. Only on EURUSD.
My question is, based on a 10.000 Euros what would be the recommended settings if I will use 1/3 of the risk the creator uses?
I mean, I wish to take 1/3 of the risk and hopefully then get 1/3 of the drawdown compared to the general settings - also taken into consideration, that I only trade 1 pair, what will be a good conservative settings? Keep in mind my account is not in dollars, but Euros.
Thanks in advance,
Flip
I will start trading the EA today on a 10.000 EUROS account. Only on EURUSD.
My question is, based on a 10.000 Euros what would be the recommended settings if I will use 1/3 of the risk the creator uses?
I mean, I wish to take 1/3 of the risk and hopefully then get 1/3 of the drawdown compared to the general settings - also taken into consideration, that I only trade 1 pair, what will be a good conservative settings? Keep in mind my account is not in dollars, but Euros.
Thanks in advance,
Flip
Biedrs kopš
423 ieraksti
Sep 01, 2014 at 20:18
dhiraj posted:
Hi Alex,
Your EA is very dangerous, It has taken 18 trades of more than 2 lots each and one trade 24.60 lots all buy trades of EURUSD and EURUSD is going down. Drawdown is more than 50%, seems it will blow out the account. I sent many e-mail and waiting the rescue operation. Shall I hedge manually or your EA will take care??
I sent ID and Password for Teamviewer and still waiting for you to see your crazy EA!!!!
Regards,
Dhiraj
that is absolutely incorrect. if your settings is correct, your drawdown should be 15% which is perfectly within the normal area.
have you made any changes to the default settings we instructed you to do?
I will get on teamviewer and find out what the problem is.
A
Biedrs kopš
423 ieraksti
Sep 01, 2014 at 20:25
Flip posted:
Hi Guys,
I will start trading the EA today on a 10.000 EUROS account. Only on EURUSD.
My question is, based on a 10.000 Euros what would be the recommended settings if I will use 1/3 of the risk the creator uses?
I mean, I wish to take 1/3 of the risk and hopefully then get 1/3 of the drawdown compared to the general settings - also taken into consideration, that I only trade 1 pair, what will be a good conservative settings? Keep in mind my account is not in dollars, but Euros.
Thanks in advance,
Flip
default settings. the EA will calculate the correct lot size based on your balance.
if you'd like to take 1/3 of the risk, set initial balance as 10,000, opening lot as 0.06 and accountlossmargin as 10.
please email me your teamviewr credentials for further help.
A
Biedrs kopš
587 ieraksti
Sep 01, 2014 at 21:38
dhiraj posted:
Hi Alex,
Your EA is very dangerous, It has taken 18 trades of more than 2 lots each and one trade 24.60 lots all buy trades of EURUSD and EURUSD is going down. Drawdown is more than 50%, seems it will blow out the account. I sent many e-mail and waiting the rescue operation. Shall I hedge manually or your EA will take care??
I sent ID and Password for Teamviewer and still waiting for you to see your crazy EA!!!!
Regards,
Dhiraj
why crazy?
its a grid!!!
what's your expectations? grid, like martingale, are riskier than other trading styles.
but should produce more profit.
there is nothing to do, if you don't trust the EA, don't use it... else don't interfere, its always the best option.
and never invest more than you are ready to lost, so if you are loosing your account, its part of the game, don't cry... or invest less.
and also... did you check their back tests, the DD was more than 50%... but a DD of 50% during a back test with MT4 is generally false, and you have to expect an higher DD, near a margin call.
Biedrs kopš
423 ieraksti
Sep 01, 2014 at 21:39
willgart posted:dhiraj posted:
Hi Alex,
Your EA is very dangerous, It has taken 18 trades of more than 2 lots each and one trade 24.60 lots all buy trades of EURUSD and EURUSD is going down. Drawdown is more than 50%, seems it will blow out the account. I sent many e-mail and waiting the rescue operation. Shall I hedge manually or your EA will take care??
I sent ID and Password for Teamviewer and still waiting for you to see your crazy EA!!!!
Regards,
Dhiraj
why crazy?
its a grid!!!
what's your expectations? grid, like martingale, are riskier than other trading styles.
but should produce more profit.
there is nothing to do, if you don't trust the EA, don't use it... else don't interfere, its always the best option.
and never invest more than you are ready to lost, so if you are loosing your account, its part of the game, don't cry... or invest less.
and also... did you check their back tests, the DD was more than 50%... but a DD of 50% during a back test with MT4 is generally false, and you have to expect an higher DD, near a margin call.
your id and password didnt work. i sent you an email regarding that. please communicate through email.
thanks.
Biedrs kopš
423 ieraksti
Sep 01, 2014 at 23:04
willgart posted:dhiraj posted:
Hi Alex,
Your EA is very dangerous, It has taken 18 trades of more than 2 lots each and one trade 24.60 lots all buy trades of EURUSD and EURUSD is going down. Drawdown is more than 50%, seems it will blow out the account. I sent many e-mail and waiting the rescue operation. Shall I hedge manually or your EA will take care??
I sent ID and Password for Teamviewer and still waiting for you to see your crazy EA!!!!
Regards,
Dhiraj
why crazy?
its a grid!!!
what's your expectations? grid, like martingale, are riskier than other trading styles.
but should produce more profit.
there is nothing to do, if you don't trust the EA, don't use it... else don't interfere, its always the best option.
and never invest more than you are ready to lost, so if you are loosing your account, its part of the game, don't cry... or invest less.
and also... did you check their back tests, the DD was more than 50%... but a DD of 50% during a back test with MT4 is generally false, and you have to expect an higher DD, near a margin call.
============UPDATE
============UPDATE
============UPDATE
============UPDATE
I just checked this user's trades. the trades by our EA is causing only 13% drawdown which is perfectly within the correct range.
the rest of his account is being eaten by his manual trades and/or other trades he has opened.
Let me know if you have questions.
A
Biedrs kopš
587 ieraksti
Sep 02, 2014 at 00:49
a real service! :)
great.
very positive for your EA :)
great.
very positive for your EA :)
Biedrs kopš
423 ieraksti
Sep 02, 2014 at 00:50
willgart posted:
a real service! :)
great.
very positive for your EA :)
good to hear :)
A
Biedrs kopš
341 ieraksti
Sep 02, 2014 at 06:25
A grid EA that doesnt use a 0 margin hedge is bound to eventually crash!
You all have been warned, if you use this EA make sure to withdraw profits!
You all have been warned, if you use this EA make sure to withdraw profits!
if you follow the flock like sheep you always end up stepping in shit!
