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  #731 (permalink)  
Old 04-05-2009, 04:35 PM
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Question Blessing vs. 5-digit broker

Have the same question with Tony regarding Blessing and 5-digit broker. InterbankFX will introduce 5th decimal pricing on all curreny pairs on Sunday April 12th. Will Blessing continue to work on IBFX and is there 5 decimal set file?

Thanks!

Quote:
Originally Posted by tonyd View Post
This question on 5 decimals has been asked a couple of times now but no one has answered it. If I am using a set file called "eurusd m240 4 decimal.set", this suggests it is set up for 4 decimal brokers and there is a 5 decimal file somehere. I would appreciate if someone could answer this.

This is the best EA I have ever used. 10k to 26K in 4 months on the eurusd only. Big thanks to all.
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  #732 (permalink)  
Old 04-05-2009, 04:36 PM
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Settings

Hi ChicagoRob,

Could you please let me know the standard, conservative settings for eur/usd that you are using? are you trading the grid or atr?

Eddie
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  #733 (permalink)  
Old 04-05-2009, 05:01 PM
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Quote:
Originally Posted by lron View Post
Finally, I do not post personal account information but I will offer this. I use IBFX. I use 3 Blessing pairs only and portion each with a value of 3. My account is micro (penny a pip). I use Piplite and one other personally developed EA only. I portion Piplite to 4 and my other EA to 3 and 4 (I use my other EA on 2 pairs. With this setup, I get about $30-100 per day on my $2500 capital base.
thanks again Iron for sharing your eas and your experience

question about blessing : since you trade it live how many times did you see EP hitting the 50% limit ? On what pairs ?
thanks
alex
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  #734 (permalink)  
Old 04-05-2009, 05:03 PM
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Quote:
Originally Posted by kdforextrader View Post
Have the same question with Tony regarding Blessing and 5-digit broker. InterbankFX will introduce 5th decimal pricing on all curreny pairs on Sunday April 12th. Will Blessing continue to work on IBFX and is there 5 decimal set file?

Thanks!
Not to worry. Later versions are compatible with
5-decimal pricing.

Rob
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  #735 (permalink)  
Old 04-05-2009, 05:31 PM
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Quote:
Originally Posted by teknoesen View Post
Hi ChicagoRob,

Could you please let me know the standard, conservative settings for eur/usd that you are using? are you trading the grid or atr? Eddie
I currently only run one live account, which is based on
usdjpy(daily chart). I will be running a larger account within
the next week or two, that will run three pairs.

I use Equity Protection and set it to 50%, and always
update the InitialAccountSet to mirror the actual daily
balance.

I use Portion at 1 and set MM to False. I enter lots
manually, which are .01(1-cent/pip).

AccountType is 10 for micro and I use the default
multiplier of 1.4.

I do not use AutoCal or AutoGrid.

MCbyMA is set to true, with the default MA of 100.

Everything else is left at default.

My account started at $500, which is now up to $594,
for an average monthly return of about 12%. Biggest
progression was 9 levels, which closed without incident.

Rob

Last edited by ChicagoRob; 04-05-2009 at 05:35 PM.
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  #736 (permalink)  
Old 04-05-2009, 06:17 PM
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Iron, thanks for sharing your portion setups. Spirited discussion is good for all of us. I try to keep an open mind at all times. I was attracted to this ea because it did not use a lot of technical indicators. I agree with others who have said, "if it ain't broke don't fix it." Thank you to all who have contributed their programming skills and comments to this ea.

Anthony
Pennsylvania
United States
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  #737 (permalink)  
Old 04-05-2009, 07:00 PM
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I got from 10k to 26K by just using the eurusd set file on default settings with MM on and portion set to 1. (4 hour chart)

That was a demo but I've been running live for over a month but on a more conservative Portion 2 setting. I'm thinking of adding usdjpy and put both on portion 3.
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  #738 (permalink)  
Old 04-05-2009, 07:05 PM
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THANKS your demo looks very profitable indeed
what is your live account balance ?

Quote:
Originally Posted by tonyd View Post
I got from 10k to 26K by just using the eurusd set file on default settings with MM on and portion set to 1. (4 hour chart)

That was a demo but I've been running live for over a month but on a more conservative Portion 2 setting. I'm thinking of adding usdjpy and put both on portion 3.
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  #739 (permalink)  
Old 04-05-2009, 07:50 PM
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Do we still need to add a trailing zero at the end of each grid set level for 5 decimal brokers? In the ea it says to add a trailing zero. But with using version 5.0, do we still need to add the trailing zero to the manual grid, i.e., GridSet1, GridSet2, GridaSet3 and the TP_Set1, 2,and3? Adding the zero would change the GridSets to 250, 500, and 1000 and the TP_Sets to 500, 1000, and 2000. Thanks for your help.



Anthony
Pennsylvania
United States
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  #740 (permalink)  
Old 04-05-2009, 10:09 PM
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Quote:
Originally Posted by ajm864 View Post
Do we still need to add a trailing zero at the end of each grid set level for 5 decimal brokers? In the ea it says to add a trailing zero. But with using version 5.0, do we still need to add the trailing zero to the manual grid, i.e., GridSet1, GridSet2, GridaSet3 and the TP_Set1, 2,and3? Adding the zero would change the GridSets to 250, 500, and 1000 and the TP_Sets to 500, 1000, and 2000. Thanks for your help.
Those are pip values for grid spacing. I don't see why
they would need to be changed. I believe the last
few versions of Blessing make all the necessary
changes, automatically.

Rob

Last edited by ChicagoRob; 04-05-2009 at 10:35 PM.
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