AddOn Banana + BlueMonkeyEA Perbincangan

Marketorder posted:
What does Trend Force Limit mean? Is that the maximum allowed trades per currency pair?

hulo posted:
Is this a account real?

gorydan posted:
Setting to add: we should set the level when the amortization begin, as for the break even.

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.

jcortez33 posted:
what broker do you use?

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

Marketorder posted:
I lost a ton of money this past week with this EA combination!

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 ...

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.