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no indicators
just 3-4 weeks ago rifo.valas brought this idea up
and timbobo made an ea
blessing v.5 (the final one) is very neat
i've been testing it for 2 weeks now
and i think it requires only a little more mods to perfection
but the thread has been abandoned
i thought someone would pick up from there
https://www.mql5.com/en/forum/176083
would you pls have a look and see if it is anything like what you have in mind
cheers.
Blessing system isn't the same
just 3-4 weeks ago rifo.valas brought this idea up
and timbobo made an ea
blessing v.5 (the final one) is very neat
i've been testing it for 2 weeks now
and i think it requires only a little more mods to perfection
but the thread has been abandoned
i thought someone would pick up from there
https://www.mql5.com/en/forum/176083
would you pls have a look and see if it is anything like what you have in mind
cheers.Thanks but as you can see at my picture i already know Blessing Martingale and i already test the version 5.
Bur for me it is not a martingale system cause it is only doing the same numer of lot, not doubling it.
Except that it has hedging orders it looks as a grid system.
Hi Cijas
If BM v5 is not a martingale, then there is none. And it doubles as intended.
I think it is maybe more a matter of your settings if bm 5 hadn't worked like
expected.
However, good luck with your new EA.
To all others: Yes I know its highly dangerous
hbud
bm v5 can be improved
hi hbud
i think it only appears more dangerous than most martingale
because of it risk/reward ratio
but if you adapt it to the right pair in the right market it would
come through well worth the risk
have to watch out for onset of trending episodes
bm v5 should be modded with a few more features
let's go back to the thread and see how we can do this?
cheers.
Hi azman
Improvements...ok,everytime. But what will you do? Adding some indicators and by receiving a signal, stop one side and let the other run? Something like that? What is your plan?
I'd rather think of applying a different progression than martingale,lesser aggressive. But so far its all more theoretical.
hbud
excuse us cijas
hbud, we'll have to go back to rifo's thread
i think we should discuss about bm there
I was foolish
I guess i was foolish when i said blessing martingale isn't a martingale system.
the only problem is i don't see in the code how to change the pipstep (for example for such a pair as gbpjpy i need 50 pipstep (or perhap's better 100).
I will see the code 2.
hi cijas,
the pipstep you're looking for is the TP (takeprofit)
you can set this externally
the design of the ea is very neat - in fact, too neat
I guess i was foolish when i said blessing martingale isn't a martingale system.
the only problem is i don't see in the code how to change the pipstep (for example for such a pair as gbpjpy i need 50 pipstep (or perhap's better 100).
I will see the code 2.Hello Cijas
No,no worries. In no way it was my intention to blame you personally for something. I only was defending bm 5 a little. Besides the whole matter is anyway much to complex to make everything right.
happy trading
hbud
It is what i suspected
After looking at the charts and trading terminal, i saw that the pipstep was 20 pips (as TP so).
The only thing i regret is that it is good to have tp and pipstep and not necessary the same.
For example if you want only a little profit u can take pipstep to 50 and tp at 30 (as the system double the lot each time).