New EA No Sleep EA With no restrictions

hello oshaban
i want to ask im already use ur grid averaging pro about 6month
but why the lot multiplier sometimes doesn't work
after 5 or 6 position the lot multiplier change by it self
i use 1.6 lot multiplier and the result it count only 1.2
or maybe u can help me?
thx

 

Hi, I like this EA. But I think for martingal on this EA it using wromg method of martingal , this EA martingal use it continueus it wrong use.
martingal right way it using when we have high odd to win only, but martingal to double lot continueus is wrong. Can possible for martingal waiting for next trade may be better? if you study for martingal technic will know martingal not use for odd with possible oppunity or 50/50 but it using for odd sure oppunity 100% win only
I forward test fund $1000 USD start trade 0.1 lot collect profit to 1500 USD with last trad willbe stop out if is new one account with fund $1000 when martingal level 5 stopout sure and using 3 day for close order set

 

does the no-sleep-ea still work? could i download it to use on demo and live trades?

 

oshaban, is there any strategy to use with EA No Sleep when the trend turns and goes against you?

 

Simply superb..

 

Dear Oshaban i would like to share my strategies with this EA. Please share your opinion.. really appreciate it.. i already use it at live account for 1 month.
1. I use Grid averaging 2.1
2. If its sideway i let the EA work by it self.
3. If its open trade more than 5 OP, i will OP reverse direction to protect my DD. I am using single lot depends on how far the trend goes.
The consequences is :
1. If the trend keep on going .. at some point it will retrace or reverse at that poin i will close my hedge position and take profit. Then i let the EA does its job and close with profit.
2. If my analysis is wrong and after im opening OP first Hedge the trend retrace.. the EA will take profit while i have to manually average my hedge (its quite frustating at first but i follow the EA rules manually and survive).

I really hope you share your opinion, thank you in advance

 

This is my review for this thread:
Its profitable as long as you know how to use it..

 

Yes.. that is the biggest drawback.. tthat why i always tried not to get greedy and close my hedge when its already profit.. so there is not many OP left but my DD is still at my affordable range. Now i make 4-6% at daily sideways and up to 15 % when its trending high.. especially if up to 200 pips. Many thanks to this EA and you as the creator.

 

Forget about this dangerous EA. It blew up my live account!

 

This is my review for this thread:
Good job well done Oshaban, keep up good work

 

Hello Osama.
Now I am a member of this forum.
After our e-mail contact crashed my "gaming" notebook with the graphics card ... :-(
Therefore, it takes a bit to get into this forum.
greetings
Thomas (Code765)

 

Hello Osama and other Traders.

Notebook crashed, NS EA crashed before ... and i have no idea why this happens at the same time ... shit happens

I hope that you and the other dealers can help me to solve my problems with NoSleep_v3.2.

 

This was the e-mail to Osama on 27.01.2017:

Hello Osama.
I am Thomas and greet you from Austria.
I'm a fan of EA No_Sleep_Ver. 3.2, but now have a problem with my backtests and need your help with the following questions.

Question 1: Why does the EA abandon the backtest at M15 EURGBP.s (ECN, 5digits) if it reaches a DD of 50%?
ie: Capital EUR 2.400, - DD through open business approx. 1200, - => Backtest is stopped and all open positions closed. Of course, this leads to a big loss.

But now I'm not sure what the EA will do in the M15 test on the live account.
Will he break all trades at 50% DD?

Question 2: How does the EA determine the direction of the trades?
ie: the price drops = buy and sometimes sell !!!
ie: of course it goes on = sell and sometimes buy !!!
What do the two variables mean : MMType (FIXED and BEST) and LotDigits (aggressive and normal), since my account has a minimum of Lot 0.1 and Lotstep 0.1, is a standard account.

Please help me with my questions, because only you can help me to understand and get to know this EA.
Thank you for your help and for this interesting EA No_Sleep_v3.2

If you have a newer version, you can email me this version.
Many thanks in advance

Best regards
Thomas (Code765) from Austria.

 

Sr Oshaban, it would not be interesting to place the "Opposite close" option if the trend is you.
Opposite close is buy signal is sell order. Sell signal is buy order.

 

This is the setup for the 50%DD problem ...

 

Would you please explain why you use such set ? What is the reason.. my suggest first you have to know the movement of the pair.. what is the highest range pips.. and % it will retrace.. based on this and calculate your account balance then you can decide what is the best and safe set ..

 

Now I have the standard setup and the EA only make sell orders ...
Explain me why only sell, when the price goes down?

The up trend is 1550 pips and the little retrace is only 350 pips.
Look where the TP is... ... with the STANDARD Pipstep=10 TP=10 ...

 

EA No Sleep work by open at the same direction with candle. If got reverse then start averaging by multiplier and PSM. If you want both direction you should use Grid Averager EA at this thread also . But use it very caution, its provide high profit but also very dangerous at high trend.

 

That is exactly the RENKO strategy. I know that there is a EA in the air, but ....
for this I need no EA, but only a healthy right index finger.
Regards

 

Thank you very much for answer dear Osama.
By the way ... very good EA Strategie.