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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
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.
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
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.
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.
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.
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.
THANKS your demo looks very profitable indeed
what is your live account balance ?
Quote:
Originally Posted by tonyd
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.
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.
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.