BlueMonkey Real Money Live Test == Started Oct 2014 (By bluemonkey)

The user has deleted this system.

BlueMonkey Real Money Live Test == Started Oct 2014 Discussion

Sep 29, 2014 at 03:07
19,068 Views
703 Replies
Member Since Jun 22, 2014   423 posts
Dec 02, 2014 at 20:20
askew8 posted:
Will it trade the same way as this system where virtually only one pair trades at a time. Exciting news though!

yes one at a time. there could be rare exceptions though.

A
Member Since Feb 24, 2014   196 posts
Dec 02, 2014 at 20:21
Alex,

Sounds good!WHen can we expect the update? Are we going to need to update out current software?
Member Since Feb 24, 2014   196 posts
Dec 02, 2014 at 20:22
*our current software
Member Since Jun 22, 2014   423 posts
Dec 02, 2014 at 20:24
askew8 posted:
Alex,

Sounds good!WHen can we expect the update? Are we going to need to update out current software?

Very soon on that too. as soon as this upcomming weekend.

A
Member Since Aug 13, 2014   149 posts
Dec 02, 2014 at 20:39
Alex, great news. Yes people will have the following doubt:

According to user manual: Today If we link bluemonkeyea to just one pair EURUSD the default settings for Initial lot are:
Initial_Lot = 0.04
If we Link to TWO pairs EURUSD and EURGBP the default settings we must change to:
Initial_Lot = 0.02

According to those information, If we link to one more pair (when it become available) What will be the initial_lot parameter?

thanks!
Member Since Jun 22, 2014   423 posts
Dec 02, 2014 at 20:40
filipesantos posted:
Alex, great news. Yes people will have the following doubt:

According to user manual: Today If we link bluemonkeyea to just one pair EURUSD the default settings for Initial lot are:
Initial_Lot = 0.04
If we Link to TWO pairs EURUSD and EURGBP the default settings we must change to:
Initial_Lot = 0.02

According to those information, If we link to one more pair (when it become available) What will be the initial_lot parameter?

thanks!

It would continue to be 0.02.

A
fxnew
forex_trader_169333
Member Since Dec 26, 2013   62 posts
Dec 03, 2014 at 07:37
which time frame ?
Member Since Jun 22, 2014   423 posts
Dec 03, 2014 at 07:52
fxnew posted:
which time frame ?

The EA works on all timeframes the same.

A
Member Since Mar 31, 2014   192 posts
Dec 03, 2014 at 08:01
Ok, Thanks...Please let Us know when you going to release the new file
ben@
Member Since Jun 22, 2014   423 posts
Dec 03, 2014 at 08:12
============ ANNOUNCEMENT
============ ANNOUNCEMENT
============ ANNOUNCEMENT

We have released version 1.1, please logon to member area (https://www.bluemonkeyea.com/account) and download it.

Please let me know if you have any questions.

A
Member Since Jun 22, 2014   423 posts
Dec 03, 2014 at 08:27
============ ANNOUNCEMENT
============ ANNOUNCEMENT
============ ANNOUNCEMENT

VERSION 1.1 CHANGES:

::: Initial balance is set at 0.2 per 10,000 Units. This means there is no more need to make any changes after attaching the EA.

::: Chart timeframe changes bug fixed. You can now change EAs timeframe while attached to the chart.

::: Useless parameters removed.

::: Useless presented info on screen simplified.

Please let me know if you have any questions.

A
Member Since Mar 31, 2014   192 posts
Dec 03, 2014 at 13:56
we should add GBPUSD too?
ben@
Member Since May 20, 2011   724 posts
Dec 03, 2014 at 16:06
does old EA still work for time being?? should we update replace with new ea?
Member Since Jun 22, 2014   423 posts
Dec 03, 2014 at 17:32
bundesrepublik posted:
we should add GBPUSD too?

Yes
Member Since Jun 22, 2014   423 posts
Dec 03, 2014 at 17:32
FXtrader2010 posted:
does old EA still work for time being?? should we update replace with new ea?

Yes
Member Since Aug 13, 2014   149 posts
Dec 03, 2014 at 20:47
Alex, thanks... so now I just updated the new EA, attached to EURUSD, EURGBP and GBPUSD too (in the manual it says just EURUSD and EURGBP but according to Alex update two posts before this one we can add GBPUSD too).

The timeframe to attach the expert does not matter... the exper will work whatever is the timeframe

When we attach this new version instead of show in the char in the upper right corner 'BLueMokeyEA' and the smile... it shows 'BMEA'

Also in the middle of the chart with the expert attached it shows the version: BMEA Version 1.1

The only parameter we should care is 'AccountLossMargin'... by default is 30 and it means (according to the manual) percentage of the account you are willing to risk. This is the Stop Loss of the EA. In this case 30%



Member Since Jun 22, 2014   423 posts
Dec 03, 2014 at 20:55
filipesantos posted:
Alex, thanks... so now I just updated the new EA, attached to EURUSD, EURGBP and GBPUSD too (in the manual it says just EURUSD and EURGBP but according to Alex update two posts before this one we can add GBPUSD too).

The timeframe to attach the expert does not matter... the exper will work whatever is the timeframe

When we attach this new version instead of show in the char in the upper right corner 'BLueMokeyEA' and the smile... it shows 'BMEA'

Also in the middle of the chart with the expert attached it shows the version: BMEA Version 1.1

The only parameter we should care is 'AccountLossMargin'... by default is 30 and it means (according to the manual) percentage of the account you are willing to risk. This is the Stop Loss of the EA. In this case 30%





Excellent explanation. 100% right.

please let me know if you have any questions.

A
Member Since Jun 22, 2014   423 posts
Dec 04, 2014 at 08:36 (edited Dec 04, 2014 at 08:40)
============== ANNOUNCEMENT
============== ANNOUNCEMENT
============== ANNOUNCEMENT
============== ANNOUNCEMENT


We have started to release educational articles so our users can learn more and trade more efficiently.
They are available here:

https://www.bluemonkeyea.com/#education


Today we released 4 topics:
https://www.bluemonkeyea.com/education/topic/what_is_forex
https://www.bluemonkeyea.com/education/topic/why_trade_forex
https://www.bluemonkeyea.com/education/topic/who_trades_forex
https://www.bluemonkeyea.com/education/topic/when_can_you_trade

MANY MORE TO COME :)

Please let us know your thoughts. If you'd like to volunteer and help make the content better, we would love that. let us know at: [email protected] and we will give you instructions. Helping us create educational content will help us all further succeed in trading.

Please share the content so anyone can benefit from it.

If you have any questions/suggestions/concerns, please let me know.

Alex
Member Since Jun 25, 2011   69 posts
Dec 04, 2014 at 15:02
@bluemonkey there are plenty of instructional web site about forex, do we really need this? I think is better focusing on customer care, you are very lack in this point, most of your messages are like 'yes, no, ok...etc'. In this very thread one of your client wrote what to do with new version because you explanation (as usually) was not clear, and you simply wrote 'Excellent explanation'.
Member Since Aug 13, 2014   149 posts
Dec 04, 2014 at 16:20
Staubsauger, I agree with you!

Regarding to my post I talked to Alex before and I just wrote what he explained to me.

Alex, I'm not comparing because I had no time to take a look in your educational material but there are a lot of very good free forex study on the web.. for example babypips.com .... its amazing their education content.... there are a lot of other very good content...

Basically in the web there are tons of good material.. so how can you or we (from the forum) help each other?
1) Comparing and list the existing good education services - So We can choose one and study...
2) Comparing the most basic strategies and the best - For example:
 a) Price Action - this is godd because......(pros and cons) Then show some good myfxbook based on that....
 b) Strategy XXX - pros and cons - MYfxbook examples....

all, thanks for sharing your thoughts!
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