James,
Question 1: The time frames are listed in the file names of the set files. Go
here for the set files. m240 is 4 hour and m1440 is daily.
Question 2: YES! The set files are provided show which settings work. Go
here and you will see backtesting results that these set files created. Analyze the backtesting results. In the header section of these results are detailed settings of the menu. I say yes, because I have no idea what broker you are using, what decimal size information the broker provides or what account type you have. YOU MUST adjust the set files provided to work with your broker.
Question 3: Oh, the proverbial question about safe trading! I provided advice on what the minimum amounts are to trade with Blessing 2 (or for that matter, any martingale EA). Please read the Advanced Settings documents
here. If you intend on trading live with IBFX, they offer micro accounts with 200:1 or 400:1 leverage. $250 would be the minimum amount you should trade with on this account with 1 pair. 2 pair - $500 and so on.
Question 4: I prefer not to offer personal information about my trades. Understand that you can gleen this information from the backtests attached
here. They will show you the potential for gains using Blessing 2.
Happy Trading
v/r
Jeff
Quote:
Originally Posted by newbestco
Hi Iron,
I just would like to ask you the following questions:
1. What is best time-frame to use your revised version of Blessing 2? for Eurusd and Usdjpy, of course.
2. Do I need to adjust anything in the Input, or just leave it as default settings? Could you please kindly post a statement with all the settings that have consistent results?
3. Is it safe to use USD250 per 1 pair in mini LIVE account? I intend to use Interbankfx. Then the lot size will be 0.01 lot for mini accounts? and leverage is 1:100? or 1:200?
4. What is the earning percentage per month? 10%, 15%, 20%, etc per month? Is it safe to use this EA under the current market volatile condition?
Please kindly explain, as I am newbie. Sorry to ask you these simple questions.
Thanks and regards,
James
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