Big Profit Without Using Any Indicator - page 60

New comment
 

happy to see you again

hi rifo,,nice to see you again,,,i'm so happy now.

i've heard someone in this thread said that you have been enjoy the sun in the beach with your blessing system,is it right?

btw,,had you trade for live account using your blessing system?

thanks

 

this blessing system indeed is money making machine......but its more like high risk low reward

 

Rifo, if You modified Your System, then can You please explain me the latest version of Your method?

Was the -21,000 right?

Thanks....

Dan.

 
MiniMe:
DAN, I am glad your back

for your info I have tested this system on a 3 live accounts one of them is 50$ the market went 7 levels against me and still end up in profit.

don't forget there is leverage 1:400 and there is micro lot 0.01 and that play a rule more important than the spread.

You have a better idea please step in, but watch your language please.

MiniMe,

With .01 lots, I will get nowhere. if hte market goes 7 levels againts You, with the method on page #1, then You have an equit of : ( before reached take profit )

Buy againts You:

.01 -140 ( -142 ) w/spread

.01 -120 ( -122 ) w/spread

.20 -100 ( -204 ) w/spread

.40 -80 ( -328 ) w/spread

.80 -60 ( -496 ) w/spread

1.6 -40 ( -672 ) w/spread

3.2 -20 ( -704 ) w/spread

And don't forget the sell take profits...

+120 ( +108 ) w/spread

Grand Total = -2,560???

Then why did You say that You used a $50 micro account ( $500 on mini ) and the market went -$2,560 againts You, causing You to burn Your account...

Am I missing something?

MiniMe, how can You win with a $50 micro account, and the market went 7 levels againts You? Wich is -$256.00 on micro account?

Thanks...I promise no more yelling.

 

The more leverage you have the less margin you use However this can increase the risk because a smaller price movement will cause greater potential risk/reward.

read these two links about leverge and you will get the idea

http://www.babypips.com/school/leverage_the_killer.html

http://www.ibfxu.com/Courses/FXM/fxm1012.aspx

For this EA , you need Margin and that is the trick 1:400 more margin , more risk more pips

 

Hi MiniMe,

please where is your version EA Blessing? Can you add link?

 

its the same one here

https://www.mql5.com/en/forum

I just rename it on my screen

 
MiniMe:
its the same one here

https://www.mql5.com/en/forum

I just rename it on my screen

Thank, I think it.

 
MiniMe:
Leveragethats why

Why don't you open a demo and test the setting you want ??

I will tell you what I am doing now, I have kept only10$ in an account and I am running live test, to see what will be happen when the market goes all the way against me ( I know what will happen marigin call and the first order with the biggest loss in pips will be closed, I just need to see ) and take notes, I am running the standrad pair for this EA, and last week there was a good move, to burn the account but it didn't happen and I end up with more pips, I will try this week.

Try things yourself DAN its the best way to learn

I thought higher leveage led You to more lots.

So rifo, when are you going to tell us your method?

 

versions of the blessing system

Hello:

If I understand correctly-there are three main EA versions based off of the blessing system that was originally posted by Rifo Fiko...

1. V1 v2 5% by gbolla

2. Blessfifthelement by fifth element

3. Blessing system v7 by tytian

I notice they all back test dramatically different...can someone comment on the differences in the three? and which one matches the original system the closest.

I have forward tested #1 and #2 above with success for about 7 days. Fifth element seems safer but v1 v2 seems more profitable. That is my current take

1...535455565758596061626364656667...81
New comment
Reason: