AddOn Banana + BlueMonkeyEA Tartışma

Davey posted:
I see BM has opened six trades automatically by ordering the closed trades, the ones with no SL or TP. Is this banana free? Also if anyone knew how to get that leverage to show the number 2 I think we'd be in business. Good luck

maiamrn posted:
This experiment uses a demo account to test a different approach using BlueMonkey EA.
Original BlueMonkey EA has a nice position management and recover algorithm but the entry timing is no good.
With Banana AddOn, the order is opened at a best point, trying o use the perfect timing. After that, the position is managed by BMEA.
The Banana AddOn opens an order based on the H1 trend, and the timing is adjusted by a filter (EMA 3) in the same timeframe.
We will make a satisfactory conclusion about these experiment if the baskets have a minimum number of orders - i.e. if the basket generates less drawdown and/or less orders than original´s BMEA full trading.
The Banana AddOn also adjusts an important parameter forgetful by BMEA - a catastrophic SL point. Also, as the experiment goes in a successful direction, other improvements will be added like the margin amortization and more.

Important NOTE: The risk is set to open 0.01 lot to each 1.000 USD on account. The experiment allows all 6 pairs to open orders and baskets at the same time, this must be considered when analyzing drawdown.

ddr555 posted:

maiamrn posted:
This experiment uses a demo account to test a different approach using BlueMonkey EA.
Original BlueMonkey EA has a nice position management and recover algorithm but the entry timing is no good.
With Banana AddOn, the order is opened at a best point, trying o use the perfect timing. After that, the position is managed by BMEA.
The Banana AddOn opens an order based on the H1 trend, and the timing is adjusted by a filter (EMA 3) in the same timeframe.
We will make a satisfactory conclusion about these experiment if the baskets have a minimum number of orders - i.e. if the basket generates less drawdown and/or less orders than original´s BMEA full trading.
The Banana AddOn also adjusts an important parameter forgetful by BMEA - a catastrophic SL point. Also, as the experiment goes in a successful direction, other improvements will be added like the margin amortization and more.

Important NOTE: The risk is set to open 0.01 lot to each 1.000 USD on account. The experiment allows all 6 pairs to open orders and baskets at the same time, this must be considered when analyzing drawdown.

Hello!
Can you please send me 'Banana Addon' on my e mail [email protected]

Davey posted:
How do you create an add on to work in conjunction with BM. Could you explain where to start, or better still share a template so we can create our own. Would be greatly appreciated.

maiamrn posted:

Finally, I manually close both sell and buy USDJPY orders because BMEA did not manage their. I will give a second chance to this pair and removed it from portfolio if nothing happens again in 1 week.

hokie posted:

maiamrn posted:

Finally, I manually close both sell and buy USDJPY orders because BMEA did not manage their. I will give a second chance to this pair and removed it from portfolio if nothing happens again in 1 week.

I found the same thing, it looks like the BMEA doesn't manage any JPY cross, including USDJPY and EURJPY.

askew8 posted:
Awesome!!!! Does this have money management built in? What are the parameters you were using to open lots?

maiamrn posted:
We started February with 53% up. And the most important: the account have survived a margin stop out. (DD is fixed at 30%)
With the that grow rate we can have 1 stop-out/mo and we are still very profitable. We profited 2700 pips is 9 days and more than 500 trades!

The Banana AddOn ver 1.1 is now available for download. Please do not use that EA with a real account because it may has some issues and it´s developed is not totally finished. This version will expire in march.

There are some important improvements:
1-) You can define if you want to follow the daily trend or not... and the trend strength is also considered.
2-) The order opened by Banana (first basket trade) may have Stoploss level - this will avoid BMEA opening an order with too much lots. After BMEA manages the basket, the stoploss is automatically canceled.
3-) Exposure Control - You define a limit, if BMEA opens to much lots, the Banana AddOn tries to close the basket at break-even.

Remember to open 2 graphs for each fx pair - one you have to load BMEA and the other MUST be H1 and you load it with Banana.
The BMEA displayed Magic Number must be inserted at Banana AddOn.
This MyFxbook.com account is risky and the settings are:

'Daily trend = Ignore trends'
'Stoploss = 9999'

the other settings remains standard.

Crosses traded: EURUSD, EURGBP, USDCAD, GBPUSD, NZDUSD, NZDCAD.

Enjoy!

maiamrn posted:
Banana and BMEA working together with NZDCAD. In this picture we can see that Banana is monitoring the market all time.
Note that on right graph that the blue arrows shows buy orders only when the market is trending up. The inverse occurs with sell orders in red.
The Exposure Control is displaying an increase in traded lots. If BMEA continues to open more orders and Banana AddOn reaches next level it will manage the basket and tries to close the entire basket at break even.