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New EA No Sleep EA With no restrictions

Discussion in 'Expert Advisor atau Robot Forex' started by oshaban, 19 Nov 2017.

  1. oshaban

    oshaban Active Member Credit Hunter

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    Please check if an other person having your master password.
    I asked you to change your password to prevent suspicious acts on your account.
     
  2. TOLANIC

    TOLANIC New Member

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    Just wondering is it safe during the high impact news and there is no stop loss?
     
  3. Kelmo

    Kelmo Member Credit Hunter

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    [​IMG]

    Another big harvest today with No Sleep EA V2.

    EUR/JPY was diving for the past 3 days.

    I had USD 1800 capital in a cents account.

    Pairs I used were:
    EUR/JPY 0.04 Lot size (Hedge)
    USD/JPY 0.04 Lot size (Hedge)
    EUR/USD 0.04 Lot size (Hedge)
    GBP/USD 0.03 Lot size (Hedge)

    Max draw down was USD 1100 (about 60%)

    Settings used were
    Multiplier 1.4x
    Pip Step: 10
    Take Profit 10
    Total Trades: 99

    Time frame: 1M

    My thoughts:

    I started off with 0.05 at the start of the month with these 4 pairs. Equity in account was USD 1000. Last week, draw down was almost 70% which prompted me to top up to avoid a margin call.

    I then reduced to 0.04 for EJ, UJ & EU and 0.03 for GU and tested for this week. Draw down today was about 60% even with USD 1800.

    I feel comfortable with draw-down of less than 50% and as such, I will reduce all lot size to 0.03 instead.

    If you want to follow my settings, my advice is per USD 1000, maximum lot size of 0.02. Remember to test on demo before attempting on a real account. Cheers!
     
    • Like Like x 4
  4. oshaban

    oshaban Active Member Credit Hunter

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    Good as long as you are happy with current settings.
    I personally, prefer less DD.
    Good luck :)
     
  5. julitop10

    julitop10 Member Credit Hunter

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    if friend mine is xm global micro I will be testing the lots as it is very safe this micro I thank you for your help and I will be posting my results in the forum Thanks friend
     
  6. oshaban

    oshaban Active Member Credit Hunter

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    Welcome ...
     
  7. julitop10

    julitop10 Member Credit Hunter

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    5/5,
    This is my review for this thread:
    excellent work and excellent person
     
    • Friendly Friendly x 1
  8. oshaban

    oshaban Active Member Credit Hunter

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    There are 2 possibilities ...
    If news in your side, then, it is your luck ...
    If not, you should already moved to higher time frame or stopped it ...
    But it is not safe if you just leave the EA alone :sweating:
     
    • Like Like x 1
  9. vasile sebastian

    vasile sebastian Member Credit Hunter

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    5/5,
    This is my review for this thread:
    is a good robot, but I think it's a conservative setting
     
  10. Kelmo

    Kelmo Member Credit Hunter

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    Oshaban,

    Some EAs perform well for
    A) ranging markets.

    Some perform well on
    B) trending markets while others perform well on
    C) Super trending markets.

    I think we can both agree that martingale style EAs perform quite safely on A and profitable in B.

    Super trending happens a few times a year.

    I would like to ask how do you manage that?

    The dilemma is that if I set my settings to cater for super trending markets, I would miss opportunity during A & B. So there’s a trade off.

    What’s your suggestion? :)
     
    • Agree Agree x 1
  11. oshaban

    oshaban Active Member Credit Hunter

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    Good question, Kelmo ...
    All what you say is right 100% ...
    I believe you as a trader you have to take all cautions to prevent the super trending markets ...
    So, you need to get ready to it at any time ... Trade lower risk, attention to big news, Once you did big profit
    you have to withdraw a part of that profit to keep going ...

    Also, for those who feel profit percentage is quite low, they can increase the risk a little in the Asian market.

    OR,
    Give your mind more comfortable trading and use such EA on only bigger time frame and forgot everything
    about news, super trends and consider your account as a long period investment one. Sure profit will be less
    but much safer.

    This is why, I always prevent to give specific settings because everyone can pick the one that matches his taste.

    Thanks again, Kelmo for pointing to this issue ... :)
     
  12. Ron2009

    Ron2009 Member Credit Hunter

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    Hi Oshaban,
    Thank you for sharing your EA.
    I have reviewed your MyFxbook link about No_Sleep EA:
    • +28.97%
    • Abs. Gain: +28.97%
    • Daily: 0.29%
    • Monthly: 28.97%
    • Drawdown: 89.23%
    Is there any chance to reduce Drawdown for this EA. It seems to be little bit too high for stable trading?
    Do you see any suggestions to reduce this number?
     
  13. TOLANIC

    TOLANIC New Member

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    Attached Files:

    Last edited: 11 Jan 2018
  14. oshaban

    oshaban Active Member Credit Hunter

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    Hello Ron ...
    You're right .... That account is not updated since long time ago, I suppose, or at least no more trades since time ago.
    I already left that one because once it did bigger DD, I completely left it. The reason is that I have had no time to follow
    the news and change time frame or stop it then return back. So, I found it useless to continue use it.
    Please don't rely on that results. I should remove it, but I didn't.

    To reduce the DD, you need to follow the steps of how to use this EA. I wouldn't say, it is completely safe, but following
    it will prevent you most of the time to fall in the market traps.
     
    • Like Like x 1
  15. Ron2009

    Ron2009 Member Credit Hunter

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    Thank you Ochaban for good explanation.
    Can you tell if new version 3.2 is better handles DD besides better Set file?
    Ron

     
  16. oshaban

    oshaban Active Member Credit Hunter

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    Please look to the image ...
    [​IMG]
    The 2 options inside the red rectangle are for improving the trading buy having lower DD ...
    They are ...
    Pip Step Multiplier (PSM)
    Start PSM After Trades

    Please go back to the post where I did post v3.2 ... You can find it in the bottom of my first post (the Updates) ...

    Now, you should read about them ... Is is clear that 1) logically, 2) theoretically and 3)mathematically it will reduce
    the DD.

    But always remember that, Lowe DD leads to Lower profit too.

    When we said that v3.2 is making less DD than v3 ... This is true always when you compare both EAs on same account
    specifications and same starting time on same pair/pairs using same settings. This is too important to consider :)
     

    Attached Files:

    • Useful Useful x 1
  17. hugo1967

    hugo1967 Member Credit Hunter

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    5/5,
    This is my review for this thread:
    Fantastic EA
     
    • Like Like x 1
    • Agree Agree x 1
    • Winner Winner x 1
  18. jasonforex

    jasonforex New Member Credit Hunter

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    5/5,
    This is my review for this thread:
    the second best ea i have download here
     
  19. blackking

    blackking Active Member Credit Hunter

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    Ea with low drawdown i think safier than high drawdown
    although profit might low but can longer life if compared with high drawdown
     
    • Agree Agree x 1
  20. oshaban

    oshaban Active Member Credit Hunter

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    SL will never work in such systems. It will eat up all the profit and the capital easily.
    Trailing stop will make unbalanced orders if some are closed. If some orders are closed
    (normally those with higher lot sizes) because they are normally the adjacent to the Ask/Bid
    price, then we will make the new updated TP lever more far away from current market price.
    So, in consequence, we made some profit but increasing the risk and closing all orders period.

    Most of these ideas are tested, some I did few years ago, but they are not working.

    There is one case that could work and also tested before, I did it in my EA named by "Forex
    Black Hole EA" ... It is about making a fixed TP to each order, Not averaging idea.

    About your account/trading as shown in the image, You are trading High Risk ! ...
    0.1 std lot on such account is suicide !.
     

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