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what pairs, time frame and settings are you using if you don't mind me asking, the reason i ask this, no matter what settings i use my account always blows up and i am using the conservative settings
No problem. I'm using the recommend TF (4 hr). My IBfx acct was opened with $3K, but I intentainlly under report it the settings. As soon as I scrap up another 3K, I'll add one of the other currency pairs.
Current setting (v4.6) below:
InitialAccountSet=Enter your initial account balance in USD
InitialAccount=2500
TradeCommentset=Enter whatever you like (i.e.: USDCAD Blessing)
TradeComment=Blessing m240 4 deciaml set
NumberPortionSet=Portion of Account you want to trade (1-10)
NumberPortionSet2=Works with Money Management and Equity Protection
Portion=2
AccountProtect=Protects account from excessive -P/L
UseEquityProtection=1
FloatPercent=50.00000000
MoneyManagementSet=Set true for MM and false for manual lots
UseMM=1
LotAdjustmentSet=Works only with MM enabled. (.01 - 5.0)
LAF=1.00000000
AccountTypeSet=Enter 1 for standard or 10 for micro account
AccountTypeSet2=Works only with MM Enabled
Accounttype=1
ManuallotSet=Lots used if MM is off
lot=0.01000000
LotHedgeSet=Hedge Multiplier. Adjust by +/-.01 intervals
Multiplier=1.38000000
AutoParametersSet=Autocalculates the Grid based on ATR
AutoCal=1
AutoGridAdjust=Widens/squishes grid (.5 - 3.0). Used with AutoCal
GAF=0.90000000
GridSet=Default Grid size in Pips
GridSet1=25
TP_Set1=40
GridSet2=50
TP_Set2=65
GridSet3=100
TP_Set3=175
TimeGridSet=Default grid set time in seconds
TimeGrid=2400
MarketConditionSet=Set MC to 2 for Ranging Market
MC=2
MovingAverageSet=Changes MC for correct trend (up/down)
MCbyMA=1
FineTuneMASet=Changes period MA Indicator (5 thru 140)
MA_Period=37
MaxLevelSet=Default of 4 on each level, change sparingly
Set1Count=4
Set2Count=4
MaxLevel=12
BELevel=4
Slippageset=Slippage Tolerance for closing
slippage=5
This EA looks really interesting. I'm trying to download it from the first post but only get a html file and not mq4. Can anybody tell me how I can download the correct file please.
Right click it and "Save as" to your desktop. Then you can play with it from there.
No problem. I'm using the recommend TF (4 hr). My IBfx acct was opened with $3K, but I intentainlly under report it the settings. As soon as I scrap up another 3K, I'll add one of the other currency pairs.
Looks like you're using a standard account. At .01 lots, that bumps
it up to 10-cents/pip?
Rob
Looks like you're using a standard account. At .01 lots, that bumps
it up to 10-cents/pip?
RobSorry about that, copy/pasted wrong set file. Here's the correct (attached to my chart) one:
InitialAccountSet=Enter your initial account balance in USD
InitialAccount=2500
TradeCommentset=Enter whatever you like (i.e.: USDCAD Blessing)
TradeComment=Blessing
NumberPortionSet=Portion of Account you want to trade (1-10)
NumberPortionSet2=Works with Money Management and Equity Protection
Portion=2
AccountProtect=Protects account from excessive -P/L
UseEquityProtection=1
FloatPercent=50.00000000
MoneyManagementSet=Set true for MM and false for manual lots
UseMM=1
LotAdjustmentSet=Works only with MM enabled. (.01 - 5.0)
LAF=0.07000000
AccountTypeSet=Enter 1 for standard or 10 for micro account
AccountTypeSet2=Works only with MM Enabled
Accounttype=10
ManuallotSet=Lots used if MM is off
lot=0.03000000
LotHedgeSet=Hedge Multiplier. Adjust by +/-.01 intervals
Multiplier=1.40000000
AutoParametersSet=Autocalculates the Grid based on ATR
AutoCal=0
AutoGridAdjust=Widens/squishes grid (.5 - 3.0). Used with AutoCal
GAF=1.00000000
GridSet=Default Grid size in Pips
GridSet1=25
TP_Set1=50
GridSet2=50
TP_Set2=100
GridSet3=100
TP_Set3=200
TimeGridSet=Default grid set time in seconds
TimeGrid=2400
MarketConditionSet=Set MC to 2 for Ranging Market
MC=2
MovingAverageSet=Changes MC for correct trend (up/down)
MCbyMA=1
FineTuneMASet=Changes period MA Indicator (5 thru 140)
MA_Period=25
MaxLevelSet=Default of 4 on each level, change sparingly
Set1Count=4
Set2Count=4
MaxLevel=99
BELevel=12
Slippageset=Slippage Tolerance for closing
slippage=5
Hey guys,
i've been trying to backtest v. 4.8 but i always get in the journal tab in MT "OrderSend Error 131" and this is "ERR_INVALID_TRADE_VOLUME 131 Invalid trade volume". When I'm backtesting with 5000USD.
Hope you can help me
No problem. I'm using the recommend TF (4 hr). My IBfx acct was opened with $3K, but I intentainlly under report it the settings. As soon as I scrap up another 3K, I'll add one of the other currency pairs.
if you're runing on a mini ibfx you could already add few pairs with such balance ...
Ok thanks for that, what pairs and time frames are you using also
Sorry about that, copy/pasted wrong set file. Here's the correct (attached to my chart) one:
InitialAccountSet=Enter your initial account balance in USD
InitialAccount=2500
TradeCommentset=Enter whatever you like (i.e.: USDCAD Blessing)
TradeComment=Blessing
NumberPortionSet=Portion of Account you want to trade (1-10)
NumberPortionSet2=Works with Money Management and Equity Protection
Portion=2
AccountProtect=Protects account from excessive -P/L
UseEquityProtection=1
FloatPercent=50.00000000
MoneyManagementSet=Set true for MM and false for manual lots
UseMM=1
LotAdjustmentSet=Works only with MM enabled. (.01 - 5.0)
LAF=0.07000000
AccountTypeSet=Enter 1 for standard or 10 for micro account
AccountTypeSet2=Works only with MM Enabled
Accounttype=10
ManuallotSet=Lots used if MM is off
lot=0.03000000
LotHedgeSet=Hedge Multiplier. Adjust by +/-.01 intervals
Multiplier=1.40000000
AutoParametersSet=Autocalculates the Grid based on ATR
AutoCal=0
AutoGridAdjust=Widens/squishes grid (.5 - 3.0). Used with AutoCal
GAF=1.00000000
GridSet=Default Grid size in Pips
GridSet1=25
TP_Set1=50
GridSet2=50
TP_Set2=100
GridSet3=100
TP_Set3=200
TimeGridSet=Default grid set time in seconds
TimeGrid=2400
MarketConditionSet=Set MC to 2 for Ranging Market
MC=2
MovingAverageSet=Changes MC for correct trend (up/down)
MCbyMA=1
FineTuneMASet=Changes period MA Indicator (5 thru 140)
MA_Period=25
MaxLevelSet=Default of 4 on each level, change sparingly
Set1Count=4
Set2Count=4
MaxLevel=99
BELevel=12
Slippageset=Slippage Tolerance for closing
slippage=5Ok thanks for that, what pairs and time frames are you using also
yes, would be interested to find out which pair and time frame it works best on.
Started the EA today on EURUSD and USDJPY on 4 hr.
Hello ,
A new version has been released by Iron and first post is updated.
Change Log:
V 4.7
Power Out Stop Loss added
Menu streamlined
Overlay changed to include POSL
RegardsHi,
Will it be possible to include the set files, template, indicator files and the ex4 file all in the first post?
I see people keep asking the correct timeframe. The set files are suppose to be EuroUSD H4 and USDJPY D1.
If you include all the files in the first post, it will be easier.
Thanks for the great EA
I've uploaded to v4.7 and now it opens Buy and Sell trades the same time on EURUSD with IBFX Live account but when I do backtests, it open trades in only one way, Sell or Buy only. Is that normal to open Buy and Sell positions at the same time or I do something wrong?
Thanks.