B3 v3.6.5 (Genom obito)

Förstärkning : +292.33%
Uttag 18.68%
Pips: 4118.8
Trades 945
Won:
Förlorad:
Typ: Verkligt
Hävstångseffekt: 1:100
Handel: Automatiserad

B3 v3.6.5 Diskussion

Jun 03, 2010 at 12:26
1,933 Visa
14 Replies
Medlem sedan May 01, 2010   272 inlägg
Jun 24, 2010 at 00:55
Hi,

Could you share your set file. I use blessings also and playing around w/ settings. I also use ibfx.

So far I am averaging about 30% per month, so I am curious what you have done to your settings! :) Very good work.😄
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Medlem sedan Feb 25, 2010   29 inlägg
Jul 04, 2010 at 10:57

bluemele posted:
    Hi,

Could you share your set file. I use blessings also and playing around w/ settings. I also use ibfx.

So far I am averaging about 30% per month, so I am curious what you have done to your settings! :) Very good work.😄

Hi Gil,

For Obito's other blessing systems he says that he use default setting and sometimes change grid setting to suitable with pair movement range, and play with lot setting to suitable with trading funds. I tried this myself but did not get the >100% per month results wthout EP hit. Did you find some decent settings ?
Medlem sedan May 01, 2010   272 inlägg
Jul 04, 2010 at 13:45 (redigerad Jul 04, 2010 at 13:50)
I guess I am probably using less leverage per account orders etc... If I did it high risk I am averaging about 30% per month with no problems or even higher. But, like you said, hitting EP is going to happen.

I don't use EP or max DD, as I share the whole account.

I limit EURJPY and GBPJPY to BE TRADE @ 5 or more. I have backtested and this reduces drawdown considerably. I have also adjusted grid settings, but it typically blows up under backtest. He seems to be only using 3 pairs which are 3 of the safer pairs in my opinion, however, USDJPY had some problems earlier in the year.

I am happy with 10% per month. I actually have a trading account of > than 100K, but I only invest about 11K in blessings and if it starts to blow up, then I will turn the EA off and get it back to BE on the problem currencies with my other capital. The most I lose is about 1K per currency if they go to 15 orders deep without EP or DD configured.

Other than those settings, those are exactly what I have from base model. :)

(His deposit of 85.00 kind of says it all.) When you have such a small deposit, it will make your return look amazing as long as you don't get knocked out on the way up. :) I deposited 400.00 in mine and my account looks great! But, now that I put in 10K, it doesn't look or grow as fabulously. :)
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Medlem sedan Feb 25, 2010   29 inlägg
Jul 04, 2010 at 23:33 (redigerad Jul 04, 2010 at 23:56)
bluemele posted:
   

(His deposit of 85.00 kind of says it all.) When you have such a small deposit, it will make your return look amazing as long as you don't get knocked out on the way up. :) I deposited 400.00 in mine and my account looks great! But, now that I put in 10K, it doesn't look or grow as fabulously. :)


Yes thats true when we stay working with same lotsize, but in theory if we use mm (Lots grow with balance) and for instance a deposit of lets say 8500 then it should work with the same percentage growth per month and should look as fabulously. :) But the problem is that we probably not want to take such high risk capital if we are not sure enough of the blow-up to happen, and 85 is not such problem to loose.

In stead of your max of 5 levels deep i am currently backtesting 40 levels deep with smaller martingale factor and play with griddistance on 5 minute TF. I agree that limiting the levels reduces the DD but simultaniously i experienced that sometimes it just needs more levels to allow to close sooner on a smaller retracement, but the best setting would probably be somewhere in the middle. I love the smartgrid function which limits the levels as well during trending market.

Although i dont see anyone clearly and openly using and discussing it, i am curious if we cannot make it more safe by using the hedge capability. I was thinking to place the same trades in some way at a negative correlated pair that functions also as hedge, so the DD can be reduced and also somehow take profit on all pairs simultaniously, but it seems a puzzle that needs to be solved first. :)
Medlem sedan Jun 16, 2010   205 inlägg
Jul 04, 2010 at 23:41
AccountProfit() should take care of simultaneously closing all pairs in profit...
Always get cashback -
Medlem sedan May 01, 2010   272 inlägg
Jul 05, 2010 at 12:20

CycleTrader posted:


In stead of your max of 5 levels deep i am currently backtesting 40 levels deep with smaller martingale factor and play with griddistance on 5 minute TF. I agree that limiting the levels reduces the DD but simultaniously i experienced that sometimes it just needs more levels to allow to close sooner on a smaller retracement, but the best setting would probably be somewhere in the middle. I love the smartgrid function which limits the levels as well during trending market.

Although i dont see anyone clearly and openly using and discussing it, i am curious if we cannot make it more safe by using the hedge capability. I was thinking to place the same trades in some way at a negative correlated pair that functions also as hedge, so the DD can be reduced and also somehow take profit on all pairs simultaniously, but it seems a puzzle that needs to be solved first. :)

I have also done the playing with smaller TF's. I think it could be very very profitable. It is a lot of work and my experience was that gbpusd was the safest for such. I had an EA that was running a martingale type deal on 5m and it was great and only had one blow up. It used stops though instead so you didn't always get entered on a fast market.

I will do the same and play with the grid size some more, but I had given up since it always blew up. I didn't think about changing mart factor.

Hedging is interesting, but not sure on how useful. Every time I test it, it doesn't seem to benefit me. I have hedge systems that I have tested and they always end up with substantially lower profit, and I still didn't avoid the blow up. I hope IBFX actually gets to the UK for real and we can hedge with same pair. :)
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Medlem sedan Jul 17, 2010   3 inlägg
Jul 22, 2010 at 20:12 (redigerad Jul 22, 2010 at 20:13)
hello
I just discovered 'Blessing 3' and what I liked right away, it can change almost all variables.
I 'black test' since 1 January 2000 until today and the result is very good.

my settings:
DD = 18%
level: 7

TP 75 and move tp 25

I do not use the 'hedging' the act of putting the DD 18% can do without the hedging.

extern string SetCountArray = 1,2,3,5,8
extern string = GridSetArray 16,34,68,112,168,180
extern string TP_SetArray = 32,68,136,224,336,360

only EUR / USD with H1.

now I'm demo, I'll post my results later.
must have an account € 5,000 and use lots of 0.02.
the money management is very good job ....


sorry for my bad English, I'm French
Medlem sedan May 01, 2010   272 inlägg
Jul 22, 2010 at 20:41

lucchesi posted:
    hello
I just discovered 'Blessing 3' and what I liked right away, it can change almost all variables.
I 'black test' since 1 January 2000 until today and the result is very good.

my settings:
DD = 18%
level: 7

TP 75 and move tp 25

I do not use the 'hedging' the act of putting the DD 18% can do without the hedging.

extern string SetCountArray = 1,2,3,5,8
extern string = GridSetArray 16,34,68,112,168,180
extern string TP_SetArray = 32,68,136,224,336,360

only EUR / USD with H1.

now I'm demo, I'll post my results later.
must have an account € 5,000 and use lots of 0.02.
the money management is very good job ....


sorry for my bad English, I'm French

Wow, interesting, will have to try one of these days.

What does 'TP 75 and move tp 25' mean?
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Medlem sedan Jul 17, 2010   3 inlägg
Jul 22, 2010 at 20:56 (redigerad Jul 22, 2010 at 21:19)
TP is the profitset. Blessing calculates a profit potential based on the number of trades placed. This pourcentage, when multiplied by the profit potential will set the profit trailing stop amount locking in that basket’s profit.

The move tp, is the number of pips to move TP on open trades once a profit trailing stop has been set.

i found in my long back test, that DD 18% with 5000€ deposit and 0.02 lots work fine.

[img]https://img411.imageshack.us/i/testergraphj.gif/[/IMG]
Medlem sedan Jul 25, 2010   2 inlägg
Jul 25, 2010 at 13:00
does anyone know how i can contact the owner of this system?
Medlem sedan May 01, 2010   272 inlägg
Jul 25, 2010 at 16:37

tradermav posted:
    does anyone know how i can contact the owner of this system?

Yes, google 'Blessings 3', go to the forex-tsd link and then chat away on the forum. There are several 'owners', and it is open source.

Good luck!
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
Medlem sedan Apr 21, 2010   13 inlägg
Jul 29, 2010 at 14:35
Hi guys,

Sorry for no update, because of IBFx reset my deposit amount..this account is totally show different analysis, but i will continue this B3 result in new update. This account is still running until now and result is amazing! 😄

Thank you.
market is always right..
Medlem sedan Jul 16, 2010   60 inlägg
Jul 30, 2010 at 07:51
hi guuys i am new with blessing do you have the best setting for every pairs that you traded...thx


my email [email protected]


thanks again
Medlem sedan Jul 06, 2010   1 inlägg
Aug 15, 2010 at 03:05
Hello friends,

I am sorry if I bother you guys with this little request. I am trying to find an EA that is great for a small deposit which is all that I have. I have currently about 250USD in a micro account with the leverage of 1:500. Do you think this Blessings EA is a good EA for me? I have lost 400USD recently and wished that I can recover the money back and perhaps make some money in the future. I hope that you guys can give me some good advice.

Thank you and good luck on your trading.
Money makes money, people makes mistakes!
Medlem sedan May 01, 2010   272 inlägg
Aug 15, 2010 at 03:34
I wouldn't go near a grid trader with 400.00 unless you are trading nano lots or penny per pip. B3 would work great on 400.00 (NANO) with 1 pair (probably USDJPY or EURUSD or GBPUSD).

Sorry to hear about your loss. Really, your money is best earned by sitting on the side lines, learning how to trade and going from there. EA's are a gamble, but I only use them because I know how to trade.

If you want something where people trade for you, then there is zulutrade or tradency, but they will lose your money just as quickly as an EA.

A great analogy for EA's is that they are like cars. They need tune-ups, oil changes etc...

I spend probably 80 hours weekly looking at my forex charts alone. I suggest you spend some time doing the same, saving your money and then you will make it back! :)

Gil

Check out James16 thread on forex factory. It is good for beginners!
Be Open, honest and ethical and all the $$$ you want will come. (hint hint)
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