All,

Again, I have found a small error code in the Money Management feature. It works properly, unless you turn of the MCbyMA function then it just uses manual lots. I fixed the code location so Money Management works if MCbyMA is either true or false. I have posted the fixed Blessing here.

It was also pointed out to me that my Backtesting only went back to Jan 1, 2008 and that I should backtest to Jan 1, 2007. Thanks to Tim for that suggestion. I have backtested 4 pairs and they are attached. When I attempt to backtest USDCAD, it simply will not backtest under any condition. It will blow up during the Nov-Dec 2007 timeframe so I am not recommending that pair. Additionally, the AUDCAD pair does not backtest with the new Money Management feature so that pair has Money Management turned off.

I have added the set files for all backtests although one could garner that information right from the pdf file. They are enclosed for your convenience. I, too, was getting the ordersend error code 131 when using FXDD as the backtesting platform. IBFX proved to be the better platform for backtesting as no sendorder functions occured. I used FXDD as a demo platform and these pairs forward test just fine.

Have fun!

v/r

Attached Files

	Blessing 2 v3.3 update2.mq4 (14.1 KB, 218 views)
	audcad m240 4 decimal.set (1.3 KB, 112 views)
	eurchf m1440 4 decimal.set (1.3 KB, 112 views)
	eurgbp m1440 4 decimal.set (1.3 KB, 119 views)
	usdjpy m1440 4 decimal.set (1.3 KB, 129 views)

__________________
Jeff
J Talon Associates
Investment Management

All,

I could only upload 5 files per post. Backtesting results are attached here.

v/r

Attached Files

	AUDCAD Backtest to Jan 1 2007.pdf (36.1 KB, 177 views)
	EURCHF Backtest to Jan 1 2007.pdf (24.3 KB, 136 views)
	EURGBP Backtest to Jan 1 2007.pdf (20.9 KB, 135 views)
	USDJPY Backtest to Jan 1 2007.pdf (29.0 KB, 179 views)

__________________
Jeff
J Talon Associates
Investment Management

Have a similar problem if I set MM = true. Works OK if false. (also on version update2) Have checked what I can with my limited coding knowledge. Put a Print in the code and this is the result.
Blessing 2 v3.3 update2 USDJPY,M5:
s2...Ask:102.28
Price:102.57
TP2 :103.07
lot : 0.03 --- this could be the problem as the smallest lot for me is 0.1

In the setting the lot is set at 0.2. I seem to be missing something here.

Jeff -- could you please comment on this.

Hi Gareth

That is it. With the MM set to False the program now works. This suggests that it will only work with Micro accounts if you are going to use Money management or you need to up your Risk to something like 30.0

Thanks

Regards

Jnr

__________________
Great Wealth comes to those who experience trends; Great expense to those who try and predict them.

Thats because everyone is trading with it and making $$$ LOL,... Shhhhh it's a secret....

So you too ?
Congratulations.
Maybe your live results very soon ?

All,

I found Blessing only Backtests with FXDD properly. Money Management works to enable to trade down to microlots of .02. Microlots of .01 throw Blessing into a bit of a tizzy.

Folks, this thing does make money except you really have to be careful. It needs a lot of room to run which means a larger floating negative P/L. I have highly suggested that you not run this on an account with less than 5K starting using microlots down to .02 starting. I have run numerous backtests on Blessing on the USDJPY and there are times it carries a P/L of greater than 50% of your account balance. That's high and that's with microlots!

The Money Management code works just fine in forward testing. I use IBFX, FXDD and Tradeview and they are are cooking along with MM enabled and working properly.

I will soon be posting updated results with several significant improvements to Blessing. Here's a preview:

Equity Protection
Broker decimal selection
Hard Number Starting Account Balance for Equity Protection
Automatic grid construction
Grid management to curve fit to pair being used
Menu selection of settings

Again, if you want to properly backtest Blessing, download FXDD onto a seperate computer and run clean backtest data downloaded from Metatrader. You must recalculate the data often because it gets corrupts from time to time.

More to Follow...

v/r

Jeff

__________________
Jeff
J Talon Associates
Investment Management

Folks,

I must apologize for my previous posts. I stated I use FXDD as my backtester platform. That is incorrect. I used IBFX on a separate computer.

I go to the history section for the pair(s) I want to test and delete all data from all timeframes. I then download just the M1. If it says there is no new data, I just simply do it again until the M1 populates. I keep doing this until it finally comes up with a window that asks, "there is no new data, would you like to recalculate all timeframes?". I then select yes, shut down IBFX, restart it and go back to the pair I want to backtest. I then hit download again. The same question is asked and I say yes again.

Only then will I backtest that pair. It may backtest to 90% but you really want to look at the tick errors. It should say 0. Only then can you be fairly confident of your backtesting.

v/r

__________________
Jeff
J Talon Associates
Investment Management

Please Iron experiment with the BElevel parameter, I find if you set it at around 6 to 11 then it really breakevens the trades and stops those HORRIBLE cycles which murder the account.

George,

Initial Backtest on the BELevel of 11 is positive. I am putting this setting in my new Blessing which should debut in the next few days. Thanks for your input. It does seem to help protect trades. More to follow...

v/r

__________________
Jeff
J Talon Associates
Investment Management