Blessing 2 - page 20
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Foward Testing doing well on demo account using provided SET files by IRON.
Set files found HERE
I am running this at VERY low risk but the stats are amazing so far.
Average Daily Gain: 0.74%
Max Account Draw Down: 1.27%
MinFreeMargin: 11676%
Foward Testing doing well on demo account using provided SET files by IRON. I am running this at VERY low risk but the stats are amazing so far.
Nice statement. The set files have you starting out at .04 lots? That
doesn't sound too conservative to me, unless I'm missing something.
Rob
Nice statement. The set files have you starting out at .04 lots? That
doesn't sound too conservative to me, unless I'm missing something.
RobOut of a 10K account, first order is 4 nanolots. It goes like this:
1 Standard Lot
1 Mini Lot
1 Micro Lot
1 Nano Lot
I hope this helps see that using this risk factor, it would be safe to trade 6K or above if you want to only trade the 4 pairs that I am trading. If you want to trade one pair, you can do so with $1600 minimum.
I break it down like this:
10 000$ account
0.01 Lots loaded into blessing Per 250$, agressively I figure once you're trading on a really large account like 100 000$ you'd really lower your risk and switch to 1000$ per 0.01 lots for safetys sake, which would mean 0.40 (40c per pip)
Then divide that across each pair. So if you're trading four different pairs you'd split that 0.40 across them at 0.10 per pair (0.10c per pip)
I break it down like this:
10 000$ account
0.01 Lots loaded into blessing Per 250$, agressively I figure once you're trading on a really large account like 100 000$ you'd really lower your risk and switch to 1000$ per 0.01 lots for safetys sake, which would mean 0.40 (40c per pip)
Then divide that across each pair. So if you're trading four different pairs you'd split that 0.40 across them at 0.10 per pair (0.10c per pip)Thanks, George. It's nice to see Blessing 2 advocates, here, since it really
is a great EA. Right now, it's the only one I trust. Yes, $1000 per .01s
should be sufficient.
I've run probably 25 separate demos with the original Blessing and Blessing 2.
The one that really caught my eye was a $5K demo, running four pairs at
.1 lots. Definitely too aggressive for my style of trading, but that combo
banked money like there was no tomorrow. I've actually had two $5K
demos running two pairs at .01 lots survive the recent EA-killing, 1000-pip
moves, so there's hope. Best pair, for me, has been eurusd - YMMV.
Rob
Thanks, George. It's nice to see Blessing 2 advocates, here, since it really
is a great EA. Right now, it's the only one I trust. Yes, $1000 per .01s
should be sufficient.
I've run probably 25 separate demos with the original Blessing and Blessing 2.
The one that really caught my eye was a $5K demo, running four pairs at
.1 lots. Definitely too aggressive for my style of trading, but that combo
banked money like there was no tomorrow. I've actually had two $5K
demos running two pairs at .01 lots survive the recent EA-killing, 1000-pip
moves, so there's hope. Best pair, for me, has been eurusd - YMMV.
RobRob,
I am with you. I love this EA too. Can you post your SET file for the EURUSD that survived? I guess what I want to do is test those that survived and leave the others in the dust.
In my opinion, you need $2000 per pair to really trade safely with this system, but that is just me because I have been burned so many times.
Sticking with the pairs that are rangy seems the best approach.
Hi
Could someone post the EA and set file to catch up with this strategy?
I am bit late to this forum.
Thanks
coud you read 20 pages first to a little undertand system first and wow
sametime you find all files.
okey , they are one page behind
Thanks, George. It's nice to see Blessing 2 advocates, here, since it really
is a great EA. Right now, it's the only one I trust. Yes, $1000 per .01s
should be sufficient.
I've run probably 25 separate demos with the original Blessing and Blessing 2.
The one that really caught my eye was a $5K demo, running four pairs at
.1 lots. Definitely too aggressive for my style of trading, but that combo
banked money like there was no tomorrow. I've actually had two $5K
demos running two pairs at .01 lots survive the recent EA-killing, 1000-pip
moves, so there's hope. Best pair, for me, has been eurusd - YMMV.
RobAnother reccomendation i have is to take the BElevel down from 12, which is a level you'd be screwed to get to and will've wanted to break even long before, to something around 5-7 Just give it a backtest or two to see how it affects the results
Rob, I am with you. I love this EA too. Can you post your SET file for the EURUSD that survived? I guess what I want to do is test those that survived and leave the others in the dust.
I run the EA at defaults without MM, either .01 or .02 lots on $3K-$5K
IBFX mini demo.
Rob