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New EA No Sleep EA With no restrictions

Hi everybody! I read the first 22 Pages of this forum and now i trade with profit thanks. I use No Sleep EA -v.3.2. / I urgent need this EA in both directions, otherwise too many charts has to be opened! AS i did not read all pages, hopefully the update of 3.2. will give also possibilities in get an allover TP (that means, if it hits the TP it stops trading, even if the TP of the running trade is not hit yet), also Pending order would be interesting.
 
I have got now Grid-Average-PRO v 2.1. from this forum. Thanks! Is it possible to install a TP in this EA? That means, if I want to trade a pair, lets say GBPUSD from open 1.3000 to TP 1.30690 what my signals told me this morning, I want to stop trading this signal with the EA to TP. Than stop trading, if prize hits tp! Also: Pending Order, so that EA start at pending order, and not before!
 
DanyTraderONE said:
Hi everybody! I read the first 22 Pages of this forum and now i trade with profit thanks. I use No Sleep EA -v.3.2. / I urgent need this EA in both directions, otherwise too many charts has to be opened! AS i did not read all pages, hopefully the update of 3.2. will give also possibilities in get an allover TP (that means, if it hits the TP it stops trading, even if the TP of the running trade is not hit yet), also Pending order would be interesting.
Click to expand...

Short version: you can trade in both directions. Open two charts with the same pair and drag the ea to it. In the settings choose the trade direction (only long and only short) and change the magic-number for one chart.

There are no update-plans on no sleep ea and grid average ea. Use them as they are, don‘t wait for new features.
 
Hey dears!
Probably I have overseen infos in this looooong thread, but anyway I hope you can help me with Grid Averager 2.1:
- the difference of Continue Open and Trade?
- What does „Use Bar Open Price“ mean?
- What are the differences in the set „MM type“? Fixed / Adding / Best / Fibonacci
Thank you :)
 
oshaban said:
Hello my friends ...

Here is the new version (v3) 0f No Sleep EA as I promised before ...
I expect to do it in the early days of the new year, but I have been lucky to finish it earlier.

Please kindly read the settings description to understand how to use the EA the right way to lead you to big profit, otherwise you could damage your account ... You need to understand every single line to understand the logic behind this EA to maximize your profits ...

Here is the EA settings ...

View attachment 36201

Line 25 ...Has no effect ...
This line is only for telling you that use Pips instead on Points for Pip Step, Take Profit and Slippage.

Line 26 ...MM Type (0=Fixed) - (1=Best) - (2=Lazy)
Use, 0, 1, or 2 for different formulas to calculate lot sizes during trading.

Line 27 ...Lot Digits (1=Aggressive)-(2=Normal)
This for number of digits after the dicimal point used to calculate lot sizes. It makes big difference !.

Line 28 ...Starting Lot
The starting lot size for the first trade.

Line 29 ...Pip Step
The minimum distance (in Pips) between previous opened order and the new one calculated at each new bar open.

Line 30 ...Pip Step Multiplier (PSM)
This number is multiplied into Pip Step to get a new distance (Pip Step) for each new order.

Line 31 ...Start PSM After Trades
After number of PSM trades are opened, next orders are all multiplied by PSM value.

Line 32 ...Lot Multiplier
The name describes itself.

Line 33 ...Take Profit
Take Profit in Pips ... The EA first calculates the Break-even level (BE) then add Take Profit in pips to it.

Line 34 ...Slippage
Maximum allowed slippage when openeing a new order.

Line 35 ...Maximum Number Of Trades
Maximum number of trades to open in each trading round round till all close on profit.

Line 36 ...Use Trading Time Filter
Enable/Disable trading time.

Line 37 ...Trading Start Hour:
Starting hour for trading if trading time filter is used.

Line 38 ...Trading End Hour:
Ending hour for trading if trading time filter is used.

Line 39 ...Magic Number
Magic Number ... No need to change even if you trade multiple pairs.
(not preferred to trade more than 1 pair).

Line 40 ...EA Comment
Comment to show in your statement/comment column in your MT4 platform.


As you see, now we have PSM which is dynamically increase the distance between orders, but after the EA already opened certain number of orders to let the EA make more profit when price not go far from the first opened lot.

If you change both Lines 30 and 31 to 1, you will get same results as EA v2.

I believe this idea will work in 2 positive sides, "less risk" and "more profitable result".
I implement the same idea in the past on few number of my EAs and the results are enhanced than without using it.

So, please let us stop adding new features to this EA for the next few months. I believe adding more to it will make it more complicated and will start to make it fail. Simple is always better. We need to proof it works better, let's start making real money after get happy to best setting that everyone is comfortable with on hid demo.

Happy and Profitable trading
Click to expand...

My dear bro shaban,
Really thank you for this GREAT EA i have ever tried and used. It's does great job in my demo account and the result is excellent. But, I want you to explain this attached result for my knowlyge as well as ther friend's knowlyge.

I'm using v3.2 with starting balance of $1,000. I created tow Gold charts and added this EA on each of them , one for long orders and other one for short orders and bothe are having defulte EA sittings in TF M30.

In the last three days this EA made $540 out of $1,000 profit as you can see in the attached picture.

My question is: How does this EA made this much of amount in just three days? and will this profit level remain the same in coming days, or it just metter of luck?

Also, please do not listen to frustrated people, and you must also know that there are people who loves you and your work as well...

No-Sleep-EA.jpg
 
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Omani Boy said:
My dear bro shaban,
Really thank you for this GREAT EA i have ever tried and used. It's does great job in my demo account and the result is excellent. But, I want you to explain this attached result for my knowlyge as well as ther friend's knowlyge.

I'm using v3.2 with starting balance of $1,000. I created tow Gold charts and added this EA on each of them , one for long orders and other one for short orders and bothe are having defulte EA sittings in TF M30.

In the last three days this EA made $540 out of $1,000 profit as you can see in the attached picture.

My question is: How does this EA made this much of amount in just three days? and will this profit level remain the same in coming days, or it just metter of luck?

Also, please do not listen to frustrated people, and you must also know that there are people who loves you and your work as well...

No-Sleep-EA.jpg
Click to expand...
Hi, please share the set file for gold.
 
Omani Boy said:
My dear bro shaban,
Really thank you for this GREAT EA i have ever tried and used. It's does great job in my demo account and the result is excellent. But, I want you to explain this attached result for my knowlyge as well as ther friend's knowlyge.

I'm using v3.2 with starting balance of $1,000. I created tow Gold charts and added this EA on each of them , one for long orders and other one for short orders and bothe are having defulte EA sittings in TF M30.

In the last three days this EA made $540 out of $1,000 profit as you can see in the attached picture.

My question is: How does this EA made this much of amount in just three days? and will this profit level remain the same in coming days, or it just metter of luck?

Also, please do not listen to frustrated people, and you must also know that there are people who loves you and your work as well...
Click to expand...

I think you were lucky. With a deposit of $ 1000, 0.1 lot size is too risky in my opinion.
 
oshaban said:
Hello nemesis ...
EA is working better on GBPUSD but it can work on any pair, crypto, metals, .... You need to find the right settings like PipStep and TP.
For example, Gold, for sure will have much higher PipStep and TP than GBPUSD, Why? You need to check the chart and for sure you will
Know why?
Click to expand...

From the testing that i made in 42 pairs using No Sleep EA for two weeks, I found out that the following pairs made most profits. In my live account I made 64 orders 88% of them successful orders :
GBPCAD
GBPAUD
GBPNZD
GBPCHF
EURAUD

All of them were in same plate form with balance of $1,000 and defult settings and sepret majic number for each.

This is real EA, not a joke...
 
I ran two seprate tests in order to find out in reality witch trading method will be better when using this EA, I created two demo accounts and added them in two seprate PF, each of them has five pairs with default settings and deferent majic number. The first plate form trading in two directions Long and Short in same time, and the other PF trading Long orders in chart and Short orders in other chat for each pair.

The result was that trading in two direction in same time is
oshaban said:
Salam Omani ...
Great result ... If you get 54% profit for every 3 days, then you can get around 400% a month !!!.
But sure you will not be always lucky as the first time. You are risking your account !.

Think about the following ...
Trading in 2 directions at the same time will increase the risk for one of the sides. It's logic. It's the fact.

I believe trading in one direction with less risk is giving much profit for the long run.

Thanks for your advise about not listening to those negative comments.
Yes, I ignore them. Don't worry about that :)
Click to expand...

profitable up to 580% than trading in two seprate directions. However, GBPCAD and GBPCHF made profits in both tests...!!
 
Omani Boy said:
From the testing that i made in 42 pairs using No Sleep EA for two weeks, I found out that the following pairs made most profits. In my live account I made 64 orders 88% of them successful orders :
GBPCAD
GBPAUD
GBPNZD
GBPCHF
EURAUD

All of them were in same plate form with balance of $1,000 and defult settings and sepret majic number for each.

This is real EA, not a joke...
Click to expand...

Great results, but two weeks is far too short to come to a conclusion. GBP-pairs are volatile, and no major pair is in your list. I would guess that it was just luck. Keep your tests going and see what happens in a few months. Are they still profitable and can your balance handle the risk?
Sometimes it is better to trade pairs with less profit (which means less risk as well)...
 
investlinda said:
Great results, but two weeks is far too short to come to a conclusion. GBP-pairs are volatile, and no major pair is in your list. I would guess that it was just luck. Keep your tests going and see what happens in a few months. Are they still profitable and can your balance handle the risk?
Sometimes it is better to trade pairs with less profit (which means less risk as well)...
Click to expand...

I would agree with your comments 100%. Therefore, I have PF which running all the time to monitor the behaviour of each and every pair and analysing the result in the weeken and take decission accordingly. ;)
 
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