Blessing 2 v5.2 with Stochastic Indicator

[jepm]

Hello everyone,

This is the Work of Fifthelement I just added the Stochastic Indicator.

You can set the Indicator to False and it will Work like always.

I'm looking for a better entry level, when EMA and Stochastic both Agree then the EA starts the Trade.

The EMA looks for an UP or DOWN trend and the Stochastic decides if Short or Long on 80/20 levels.

I just started to try it on Demo so tell me what you think about your Demos.

Time-Frame is H1 tuned for the Indicator.

+++++++++++++++++++++++++++++++++++++++++++++++++

This is the same EA, no change in operation.

I added information on Screen,

Equity

DD

MaxDD

and MaxDD percent

For those testing for a few days to several months, you will be able to see what was the Maximun DD in all that period.

Cheers and beers,

epmfx

[tusa]

jepm:
Hello everyone,

This is the Work of Fifthelement I just added the Stochastic Indicator.

You can set the Indicator to False and it will Work like always.

I'm looking for a better entry level, when EMA and Stochastic both Agree then the EA starts the Trade.

The EMA looks for an UP or DOWN trend and the Stochastic decides if Short or Long on 80/20 levels.

I just started to try it on Demo so tell me what you think about your Demos.

Time-Frame is H1 tuned for the Indicator.

Cheers,

epmfx

==>> I just Uploaded the file with a small MOD Jun-10-2009 <<==

(The MOD makes the EA only Start trades between the 80 and 20 levels on the Stochastic Indicator, this will make it stop when overbought and undersold)

Hello,

Thanks for your sharing. Then, what time frame is the best with this ea?

[tusa]

tusa:
Hello, Thanks for your sharing. Then, what time frame is the best with this ea?

Sorry, I found it. Thanks!

[jepm]

Pairs

I traded 6 pairs this past week with Default settings,

InitialAccount: 5000

Portion: 6 (because trading 6 pairs MM will manage the Risk)

Have a good Weekend

epmfx

FifthElement did a Very good job on MM and a great EA.

[jepm]

Statement

Forward Statement for 2 Weeks

Cheers,

epmfx

[ChicagoRob]

jepm:
Forward Statement for 2 Weeks

Cheers,

epmfx

Exceptional performance. Winning percentages are higher

than standard Blessing versions. Likewise with profit factor.

I will be checking this out. This needs at least a couple of

months to see how it does, but I like what I see so far

Rob

[ChicagoRob]

Confused about your statement

Did you cut off some of your statement? It's showing .21

starting lots for the first trade after you started the demo.

I'm not understanding the logic, here.

Rob

[alex84]

thanks jepm for this sharing

could you please tell us what settings you use for each pair, are they irons settings ?

What about the pairs not being the four recommended pairs by iron ?

did you have time to run some backtests with that version ?

thanks again

[jepm]

Lots and performance

ChicagoRob:
Did you cut off some of your statement? It's showing .21

starting lots for the first trade after you started the demo.

I'm not understanding the logic, here.

Rob

No Rob, i didnt cut the statement, let me explain.

When I started the Demo, i did it with only one pair, EURGBP so MM asigned Lot = .21

Then I changed to 6 Pairs, this is why MM sets the Lot = .04 for each pair,

Portion = 6 (for six pairs)

Have a good weekend,

epmfx

[jepm]

AutoCal...

alex84:
thanks jepm for this sharing

could you please tell us what settings you use for each pair, are they irons settings ?

What about the pairs not being the four recommended pairs by iron ?

did you have time to run some backtests with that version ?

thanks again

Yes im using Auto Cal Grid based on ATR...

I havent done any Back-test, i get an error when trying with 90% quality.

You can use the EA with recommended pair by Iron (i didnt see that post)

but your setting will be :

Portion = 4 (for the four pairs)

I noticed a problem with the tp2 variable in the coding, when i start the EA on some pairs, TakeProfit remains equal to OpentradePoint, in such case just remove the EA and cancel the trade, then start the EA again.

Once the EA starts with a good TakeProfit value, it keeps working just fine on subsequent trades.

Im reviewing the code to see why this happens...

epmfx

[jepm]

Settings...

alex84:
thanks jepm for this sharing

could you please tell us what settings you use for each pair, are they irons settings ?

What about the pairs not being the four recommended pairs by iron ?

did you have time to run some backtests with that version ?

thanks again

Hey Alex,

Im using Default Settings with Stochastic set to True of course (Setting is the same for each pair)

InitialAccount = 5000

Portion = 6 (for the six pairs)

Everything else is Default, here are the pairs I used:

EURUSD, USDJPY, GBPUSD, USDCHF, EURGBP, USDCAD

So then, EURGBP and USDCAD were innactive for a few days because they were bellow and above the 80-20 levels in Stochastic. So I disabled the EA on this pairs and put 2 new pairs:

AUDUSD and NZDUSD (to keep the 6 pairs proportion)

I noticed a very small DD and a very good Profit Factor BUT we have to see how it behaves in a few months of testing.

G-Weekend guys

epmfx