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  #221 (permalink)  
Old 11-18-2008, 09:56 PM
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Red face

Quote:
Originally Posted by ElectricSavant View Post
For those of you considering IBFX...You need to understand that they offer two kinds of accounts, meaning that 0.01 means two different values according to which account you have.

Standard IBFX Account
0.01= micro's 1000 units (10 cents a pip)
0.10= mini's 10,000 units ($1 buck per pip)
1.00= standard 100,000 units (10 bucks a pip)


Mini IBFX Account
0.01 = nano's 100 units (1 cent per pip)
0.10= micro's 1000 units (10 cents per pip)
1.00 = mini's 10,000 units (1 buck per pip)

ES
Right, ES. And to reiterate, a FXDD "mini" is 10X the pip-value
of an IBFX mini. Anyone trading martingales, grids, or combinations
thereof, needs to understand the difference.

I believe, when I last spoke with FXDD, that 1-cent, micro accounts
are available, if requested(live, only, if I'm not mistaken).

Rob
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  #222 (permalink)  
Old 11-19-2008, 03:03 AM
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Quote:
Originally Posted by ChicagoRob View Post
Right, ES. And to reiterate, a FXDD "mini" is 10X the pip-value
of an IBFX mini. Anyone trading martingales, grids, or combinations
thereof, needs to understand the difference.

I believe, when I last spoke with FXDD, that 1-cent, micro accounts
are available, if requested(live, only, if I'm not mistaken).

Rob
Ea survives for about 3-5 days without Margin call. But if you turn it off and reset it, you will have another possibilities. I'm trying to turn in on from the morning till working hours finish.
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  #223 (permalink)  
Old 11-19-2008, 07:12 AM
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i have been running v4.2 on demo $3000 for about 3 weeks, in the last week, it have not make any profit, the balance stay about the same for a week now, i am not sure why, i didn;t change anythig other than # of pairs i am trading, i closed all orders any restart, still the same, and also, it does not trade aud/usd and aud/cad??
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  #224 (permalink)  
Old 11-19-2008, 08:42 AM
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Hi, Kwkee. How do you see about forexfunnel ea? did it work well?

Dear Kwkee,

I noticed you said you also ran Forexfunnel ea on testing.

I just want to know your frank opinion on this commercial ea. Did it work well?

It's a martingale ea, and always double lot size. So, during the recent crazy market movements in one direction, did it survive and make profit?

I intend to purchase it, as the author has 60-day money back guarantee.

I hope to receive your frank comments on this ea asap.

Thanks and regards,
James
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  #225 (permalink)  
Old 11-19-2008, 02:44 PM
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Blessing Issues

All,

If you are having troubles getting Blessing to run on your account, you have to make sure that your broker supports what you are trying to do. Blessing is designed to trade down to the micro lot (.01). That doesn't mean your broker supports that level of trade.

Before you trade Blessing live, you must ensure your account type. Standard account, Mini accounts, micro accounts will all trade down to the micro lot BUT you must make sure your account has sufficient funds to do so. You must read the advanced settings document file attached in this thread to understand the features and how they will affect your trading potential.

Blessing will not trade if you don't set the initial account menu item to exactly what is in your account. That's the equity protection feature. Any and all problems associated with trading Blessing is how you set it up and if your broker allows it.

FXDD, for example, will give you a mini account that basically says that if you trade 1 lot, each pip will be worth ~$1. They will not automatically let you trade down to the micro lot level unless you specifically request that feature! Some brokers won't even let you trade micro lots (FXCM for example).

So, please check what your live account actually is then set Blessing up accordingly. Also, not to begrudge cross-talk on the performance of EAs, if you have a question on another EA, please us PM with that individual or find a thread/forum that talks about that EA. This thread is specifically designed to talk about the performance/enhancement of Blessing 2. Thanks!

Happy Trading

v/r
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J Talon Associates
Investment Management
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  #226 (permalink)  
Old 11-19-2008, 08:24 PM
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thanks a lot for this update. do you feel the other set files are still strong? cheers, manuel
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  #227 (permalink)  
Old 11-20-2008, 12:15 AM
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set files

i was going to ask something along the same lines. i got it running on forex.com mt4 charts. just wondering if the previous pre set files are set to run all at the same time?
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  #228 (permalink)  
Old 11-20-2008, 12:44 AM
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More Blessing

All,

I guess folks are hearing about Blessing's success. I will simply say this....read the Advanced Features Document. It will tell you how and what to set.

This thread shows successful backtests with the 4 pairs that have been recommended. If you want to trade all 4 pairs, you need $250/pair micro or $2500/pair standard. Reading the doc file will tell you why.

As far as other pairs go, a lot of effort has been spent at trying others. Blessing was designed with EURUSD and USDJPY in mind. The two others just worked. The rest didn't far so well backtesting but it doesn't mean that they were all backtested with all possibly settings! Anyone is free to backtest Blessing on any pair and if a successful pair is found, share with us!

Happy Trading

v/r
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J Talon Associates
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  #229 (permalink)  
Old 11-20-2008, 02:36 AM
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it initiates stop buy, limit sell, stop sell. Is it correct or should I delete my stop buy order?
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  #230 (permalink)  
Old 11-20-2008, 07:00 AM
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Quote:
Originally Posted by lron View Post
All,

If you are having troubles getting Blessing to run on your account, you have to make sure that your broker supports what you are trying to do. Blessing is designed to trade down to the micro lot (.01). That doesn't mean your broker supports that level of trade.

Before you trade Blessing live, you must ensure your account type. Standard account, Mini accounts, micro accounts will all trade down to the micro lot BUT you must make sure your account has sufficient funds to do so. You must read the advanced settings document file attached in this thread to understand the features and how they will affect your trading potential.

Blessing will not trade if you don't set the initial account menu item to exactly what is in your account. That's the equity protection feature. Any and all problems associated with trading Blessing is how you set it up and if your broker allows it.

FXDD, for example, will give you a mini account that basically says that if you trade 1 lot, each pip will be worth ~$1. They will not automatically let you trade down to the micro lot level unless you specifically request that feature! Some brokers won't even let you trade micro lots (FXCM for example).

So, please check what your live account actually is then set Blessing up accordingly. Also, not to begrudge cross-talk on the performance of EAs, if you have a question on another EA, please us PM with that individual or find a thread/forum that talks about that EA. This thread is specifically designed to talk about the performance/enhancement of Blessing 2. Thanks!

Happy Trading

v/r
i did set the initial account balance, and i closed all trades and restart, it open orders and set pending orders, but the account just don't grow any more, it went from $3000 to $4600, then it been staying at that for 2 weeks with some open orders, it's still runing, but not growing, i did round up the account balance maybe i have to set it to whatever balance it shows? if that is true, then how offent do i have to update the balance in the setting, do i have to do that everyday? i am using v4.2
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