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Blessings V3_7-6 #2 (के जरिए bluemele)

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Blessings V3_7-6 #2 चर्चा करें

Aug 10, 2010 at 15:37
950 व्यू
11 Replies
तबसे मेंबर है Jul 26, 2010   67 पोस्टों
Aug 24, 2010 at 12:44
Hi Bluemele,

this EA use which pair? Look nice! Can't wait for 1st year of trading history!

VS
The best things that could happen could also be the worst thing to happen
तबसे मेंबर है May 01, 2010   272 पोस्टों
Aug 24, 2010 at 17:25 (एडिट हो रहा है Aug 24, 2010 at 17:26)
Click on summary... :)

I am actually doing something interesting with this. I am using it in conjunction with the other blessings account.

If one currency has more levels open then I would want, then I open one in the other account to match it the opposite direction. Kind of a hedge! :) I will keep open only 1 pair per 500.00 in the account.


Gil
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
तबसे मेंबर है Jul 26, 2010   67 पोस्टों
Aug 31, 2010 at 06:35
Hi Gil,

You mean using 2 platform in 1 account?🙄

Btw, do you trade 24/5 using PC or server?

VS
The best things that could happen could also be the worst thing to happen
तबसे मेंबर है May 01, 2010   272 पोस्टों
Aug 31, 2010 at 14:40
I use PC.

2 Ea's in 2 separate accounts. I have to do 2 separate accounts because IBFX (nano's) will not allow HEDGING.

If you use FXOPEN or other nano broker, then hedging is OK and I would put them on the same account, but with different magic numbers.
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
तबसे मेंबर है Jul 26, 2010   67 पोस्टों
Sep 17, 2010 at 02:05
Hi Gil,
Hit EP? or manually close trade?😲

VS
The best things that could happen could also be the worst thing to happen
तबसे मेंबर है May 01, 2010   272 पोस्टों
Sep 17, 2010 at 03:25
Manual.

I switched this account over to baskets of 50.00, so it hit quite a few.

however, it is back on track now to make pips... :)

Testing live 50.00 baskets.

I probably picked the worst time to test this as I didn't get but a day or so to actually make some pips before the market ran very hard. However, when it starts ranging again, this should be ++ in pips.

If I have the stomach to wait that long. In about 5 months running Blessings, this is the 2nd worst I have seen my DD... not worried... I am experimenting here on this account now.

Gil
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
तबसे मेंबर है May 01, 2010   272 पोस्टों
Sep 17, 2010 at 03:26
My 100.00 baskets I am shutting down... I have about 5 currencies that are all about to hit. I will close them all as promised at 100.00, or I may just move cash over and close them out.

I think doing them off the 1M doesn't work as well when market runs hard, but better when ranging of course...

Gil
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
तबसे मेंबर है Jul 21, 2010   111 पोस्टों
Sep 17, 2010 at 04:48
Have you thought about or tried using a system where u have 6-10 charts open and 1 of those is on high risk settings and others are on a very low risk settings to bank the profits of the risky pair? I read about this idea on Forex-TSD.

eg.

9 pairs with low volatility and 1 high volatility pair. The moving pair(could use micro grid?) is to make profits and the stable ones are there to 'bank' the profits in.

If the moving pair hits EP you'll lose at most 10% of account(if EP is at 100%). If it makes profit -> other 9 pairs baskets get bigger too(since all use account balance to calculate basket size) so the profit made is 'banked'.

In this example all baskets start with 10% size of account. Assume $1000 account size -> basket size is $100.

If risky pairs hits EP(assume it's at 100%) you'll lose $100. So basket size is now $90.

If risky pair doubles itself -> basket size is $110
($100*2 = $200 -> other 9 pairs = $900 -> $1100 -> divided to basket size =$110)


It doesn't go exactly like that but I suppose you got the idea. I think there's a lot of potential there. Easy to mess it up too 😁

I am trying to build up such a system myself to see how it works. During the coming weekend I'll be testing different settings and pairs to find out 'safe' settings and 'profit' settings.
Less effort, better results.
तबसे मेंबर है May 01, 2010   272 पोस्टों
Sep 17, 2010 at 04:53
I was reading the forum a bit on the micro grid and I did do a quick live test using Micro-Grid settings. Actually about -250.00 that I have lost in the last 1.5 weeks started as micro grid settings, but I changed them half-way through as I was getting killed.

I haven't thought about the 10 different variations with low and high volatility... Interesting concept.

I am amazed at how much this market is continuing to move. FX always amazes me.. :)

Tell me how it goes! I am loving my 10.00 basket thus far and the 5.00 has some interesting prospects as well.

If you look at my 10.00 basket (demo) you will see that I was banking the pips while market was ranging, but when it cut off to trending, boy did those go away quickly. The interesting thing though is that as the trend continues, my EA is now following the market trend... :)

I bet 5.00 is even better.

What MicroGrid settings are you using?

Gil
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
तबसे मेंबर है Jul 21, 2010   111 पोस्टों
Sep 17, 2010 at 06:17
I'm still searching for a good grid or more accurately just about to start intensive testing so can't give you anything on that yet.

I'll first backtest to filter out really bad ones and to see promising settings and I'll then do forward tests to see how those will actually work. Then I will have to combine them all into one system and forward test that. I will update how it goes :)
Less effort, better results.
तबसे मेंबर है May 01, 2010   272 पोस्टों
Sep 17, 2010 at 12:39
Cool, sounds exciting! :)
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
तबसे मेंबर है May 01, 2010   272 पोस्टों
Sep 20, 2010 at 00:05
I moved this over last week to produce 2 X 50.00 baskets for about 20 currencies.

This means, when it hits 50.00 it blows up. The last 2 weeks were quite volitile and I decided that I will also end my 100.00 basket test for now on a smaller account.

So, for now, I will continue testing this until it reaches -200.00 total (1800.00) equity and see what happens. For this to work, we need a ranging period! :) haha...

I will probably end this at some point and just convert my main account to a 50.00 basket account if it is profitable and increase the lot amounts. So, really instead of a 50.00 basket using Nano, it could end up being a 500.00 basket using Micro's etc..

The other thing I realized is how much money I am missing out using a broker who doesn't offer cash back referrals. On a system like this with just one instance of each pair running equates to about .5 full lots per day traded which equals 30.00 to 50.00 per month in referrals from most brokers who offer them. Insta would offer $150.00 roughly!

That may not seem like a lot, but when you are making 5-6% a month + referral of another 1%, that is a bit more. So, if I do end up going down the road with smaller baskets, I will probably jack up the # of iterations/baskets and the lot sizes and only be with a broker with lower margin req. and higher referral.

I may even close out these accounts right here very soon to another broker with such a program. IBFX is great, but they don't do what I need.
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
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