AddOn Banana + BlueMonkeyEA (에 의해 maiamrn)

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AddOn Banana + BlueMonkeyEA 토론

Jan 22, 2015 at 22:16
4,768 개의 뷰
134 Replies
Dec 18, 2014 부터 멤버   게시물6
Mar 05, 2015 at 07:36
what broker do you use?
Dec 18, 2014 부터 멤버   게시물6
Mar 05, 2015 at 07:39
what broker do you use?
Dec 15, 2014 부터 멤버   게시물10
Mar 05, 2015 at 07:41
good trade!
Dec 15, 2014 부터 멤버   게시물10
Mar 05, 2015 at 07:42
Is it a real account?
Jul 22, 2014 부터 멤버   게시물66
Mar 06, 2015 at 00:07
Marketorder posted:
What does Trend Force Limit mean? Is that the maximum allowed trades per currency pair?

When you have a too strong trend it's possible to have a strong retrace. This parameter limits the possibility of open trades on unusual strong trends. 40 is a nice parameter for all cases.
Jul 22, 2014 부터 멤버   게시물66
Mar 06, 2015 at 00:08
hulo posted:
Is this a account real?
This one is demo but the account type does not affect this System.
Jul 22, 2014 부터 멤버   게시물66
Mar 06, 2015 at 00:09
gorydan posted:
Setting to add: we should set the level when the amortization begin, as for the break even.
@gorydan Could you please explain better this option? Tks for you suggestion.
Jul 22, 2014 부터 멤버   게시물66
Mar 06, 2015 at 00:16
Marketorder posted:
How exactly do you make adjustments. Also what exactly does Exposure Leverage Limit and Trend Force Limit mean?

If I deposit $1000 will the EA automatically adjust lot size according to deposit amount?

gorydan posted:
@Marketorder The blue monkey EA manage positions that have been opened first by the banana add-on.

There's no limit for it to continue to open positions if you're against a big trend. The logic of this EA is to open a position all the 5 pips at the lot you set for 10 000.
Why is it opening larger lot ? simplely to catch up the delay of the positions that have not been opened. Calculate the difference of pips between two positions and you'll find the lot.
Why does it open a position so later and not a perfect grid of 5 pips ? because in my opinion there's an entry delay to avoid spikes and slippage during news.

For not blowing your account you must have a good money management and not enter with large lots with a little account.
How can you calculate that ? by beginning with the littlest lot with one pair and adjusting week after week.

Exposure Leverage Limit is a protection that tries to close the entire basket if the total lots is over certain level. For example, if your IniLot is 0.1 when the sum of total lots of orders of a certain pair reaches 20 times the IniLot (if your parameter is set to this value) Banana tries to close at Breakeven. This algorithm is still in being developed and in the actual version we have 2 LEVELS of protection - close at BE and 8% loss if the exposure limit is doubled.
Jul 22, 2014 부터 멤버   게시물66
Mar 06, 2015 at 00:17
jcortez33 posted:
what broker do you use?
This acc is FortFS but runs in any broker
Oct 11, 2014 부터 멤버   게시물51
Mar 07, 2015 at 03:46
This is the second week of using Banana v1.2. As I indicated in previous message, for this week I turned off the 'amortization algorithm' and the 'reverse when the daily trend change' settings to match more closely to the master (real-deal) account. My expectation with this kind of settings was the balance would grow steadily as the two factors that could potentially eat up profit above have been turned off.

The first two days, the account did just that, it grew 20% in balance.
However, into the third day, things started to change drastically. I got hit with 30% stop loss multiple times on various pairs: audnzd, nzdusd, gbpusd. By end of week, the balance has dropped more than 50%!

What baffled me the most is, the master account doesn't seem to get hit by any stop loss at all this week. I'm wondering if there is some manual intervention that has helped this account escape the SL hit, because I thought the settings that I have (see below) are the same as the master account? @maiamrn, would you please comment on this?

Interconnection=----- Same here as BMEA -----
IniLot_for_10K=0.1
Magic_BMEA=888
Instrument=----- FX pair settings -----
Trend_Follow=2
Limit_Trend_Force=40
Close_When_Change=false
Stop_Banana=1000
Exposure=----- Risk controling -----
High_Exposure_Cutoff=true
High_Exposure_Limit=20
Lots_Amortization=false
Nov 06, 2014 부터 멤버   게시물114
Mar 07, 2015 at 04:20
I lost a ton of money this past week with this EA combination!
Jan 30, 2014 부터 멤버   게시물48
Mar 07, 2015 at 07:55
@hokie I had the same problem this week. We were against a strong trend.
We need to find better entry point with new indicators.

Recently I saw this one on the mq4 market https://www.mql5.com/en/market/product/8142#
It seems to be accurate but it's expensive. Perhaps do we need an indicator that detects the reversals.

@maiamrn in my last post I was talking about beginning the amortization at a level, for example after 20 positions it closes the oldest trade ...
Oct 11, 2014 부터 멤버   게시물51
Mar 07, 2015 at 11:46
@gorydan and @Marketorder , thanks for the comments. I knew I was not alone with the problem this week as my other BMEA account with manual entry took a beating too.

I remember a few months back someone in the BMEA forum said that if we know the trend, we'll master the trade, and someone else replied that the problem is not about not knowing the trend, but knowing when the trend ends and reverses, that what will make you the master of the trade.

The Banana is doing exactly what it was designed for, it was initiating a position only with a trend, but then the trend reversed sharply, causing a big loss. Unfortunately this week I turned off the 'reverse when day trend change', it would be interesting to see how the account would have been doing had I left this setting on.
Jul 22, 2014 부터 멤버   게시물66
Mar 08, 2015 at 14:54
hokie posted:
This is the second week of using Banana v1.2. As I indicated in previous message, for this week I turned off the 'amortization algorithm' and the 'reverse when the daily trend change' settings to match more closely to the master (real-deal) account. My expectation with this kind of settings was the balance would grow steadily as the two factors that could potentially eat up profit above have been turned off.

The first two days, the account did just that, it grew 20% in balance.
However, into the third day, things started to change drastically. I got hit with 30% stop loss multiple times on various pairs: audnzd, nzdusd, gbpusd. By end of week, the balance has dropped more than 50%!

What baffled me the most is, the master account doesn't seem to get hit by any stop loss at all this week. I'm wondering if there is some manual intervention that has helped this account escape the SL hit, because I thought the settings that I have (see below) are the same as the master account? @maiamrn, would you please comment on this?

Interconnection=----- Same here as BMEA -----
IniLot_for_10K=0.1
Magic_BMEA=888
Instrument=----- FX pair settings -----
Trend_Follow=2
Limit_Trend_Force=40
Close_When_Change=false
Stop_Banana=1000
Exposure=----- Risk controling -----
High_Exposure_Cutoff=true
High_Exposure_Limit=20
Lots_Amortization=false

@hokie the last week was really bad for the system. BMEA continuous to open trend even when the trend changes. This characteristic we can't change so we use protections coded in BANANA. The Amortization closes some opened trades and reduces exposure. I hardly recommend to let it ON. Why this demo account was not affected? We are trading 4 pairs in this account this month: EURUSD, EURGBP, GBPCHF, USDCHF. Pairs with low correlation between them. And yes, this account can have manual interventions but last week it was not needed.
Jul 22, 2014 부터 멤버   게시물66
Mar 08, 2015 at 14:56
Marketorder posted:
I lost a ton of money this past week with this EA combination!
You can make a nice comfortable weekly profit or destroy your account. It depends on the settings you use. Allways reduce rsk and use the protections on real money.
Jul 22, 2014 부터 멤버   게시물66
Mar 08, 2015 at 15:02
gorydan posted:
@hokie I had the same problem this week. We were against a strong trend.
We need to find better entry point with new indicators.

Recently I saw this one on the mq4 market https://www.mql5.com/en/market/product/8142#
It seems to be accurate but it's expensive. Perhaps do we need an indicator that detects the reversals.

@maiamrn in my last post I was talking about beginning the amortization at a level, for example after 20 positions it closes the oldest trade ...

The Amortization starts when 4 orders were opened. I can introduce and option to manually define the number of orders the algorithm starts working.
Oct 11, 2014 부터 멤버   게시물51
Mar 08, 2015 at 17:41
maiamrn posted:
@hokie the last week was really bad for the system. BMEA continuous to open trend even when the trend changes. This characteristic we can't change so we use protections coded in BANANA. The Amortization closes some opened trades and reduces exposure. I hardly recommend to let it ON. Why this demo account was not affected? We are trading 4 pairs in this account this month: EURUSD, EURGBP, GBPCHF, USDCHF. Pairs with low correlation between them. And yes, this account can have manual interventions but last week it was not needed.


@maiamrn

Thanks for the response. Just to make sure when you said 'I *hardly* recommend to let it ON' above, did you really mean that, or you meant to say 'I highly recommend to let it ON' ?

Regarding the choice of 4 pairs this week, is this only for this week, or you're going to use the same 4 pairs only going forward? Any particular reason why you used only 4 pairs this week, and not a dozen or so as you recommended (more diversified, to reduce risk) a few weeks ago?
Jan 30, 2014 부터 멤버   게시물48
Mar 08, 2015 at 21:53
@maiamrn could you share the settings and the time frame for the demo account 'AddOn Banana + BlueMonkey' ? because it survived without problem to this last week. The non correlation is important as you said.
RedRhinoLab
forex_trader_165856
Dec 03, 2013 부터 멤버   게시물631
Mar 09, 2015 at 10:52
Correlation or no correlation, it doesn't matter when you add larger lots to your losing positions waiting for a basket profit. These systems will always be a pipe dream and sadly it always results in the same outcome. It will only take 1 pair to destroy your account and by adding more to your account you are only increasing the odds of failure and not the other way around.
Nov 19, 2014 부터 멤버   게시물69
Mar 09, 2015 at 21:50
On the plus side Lots Amorization sort of worked on this account, took quite a loss but still in the black, shame it's a demo and the real account has taken a pounding.

https://www.myfxbook.com/members/Davey/addon-banana-v12-demo-22/1166390
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