New EA No Sleep EA With no restrictions

[Kelmo]

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!

 

[julitop10]

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

 

[julitop10]

This is my review for this thread:
excellent work and excellent person

 

[vasile sebastian]

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

 

[Kelmo]

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?

 

[Ron2009]

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?

 

[TOLANIC]

Due to news. I really wish there is a function for Stop Loss or Trailing Stop.

https://m.investing.com/news/forex-...reats-as-euro-rebounds-us-data-weighs-1091995

Other than that, this EA is very profitable under normal condition.

 

[Ron2009]

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

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.

 

[hugo1967]

This is my review for this thread:
Fantastic EA

 

[jasonforex]

This is my review for this thread:
the second best ea i have download here

 

[blackking]

Ea with low drawdown i think safier than high drawdown
although profit might low but can longer life if compared with high drawdown

 

[TOLANIC]

Thanks for sharing oshaban. I really wish got a chance to test your new EA.

 

[mauri59]

Thanks for sharing oshaban. I really wish got a chance to test your new EA.

Good morning all ...
Friends who I promised to send you the new version of the EA, please contact me privately using the forum mail ...
Kindly, send me the following ...
- 3 live account numbers.
- Your own email address.
- Your name.
- The link or post number where you won this EA.

The new EA named by "Grid-Averager-PRO" ... It has more efficient Money Management options including Fibonacci series ... Higher risk with too High Profit. I will try to make it safe using it as an Asian Market Scalper.

The following is an image for few minutes trading on demo account using Fibonacci lot series ...

In the above image, I use low PipStep to simulate the Asian Market time to see who it could work.

I'm still working on the final touches that will not effect on the trading results ... Just give me few days and you will for sure get it into your inbox.

More info will be posted on my blog after few weeks. I'm waiting to get some forward tests to publish.

Any member who post in this thread before post [HASHTAG]#386[/HASHTAG] will have the EA with almost FREE price as a thank you for sharing your time and supporting No-Sleep-EA here.

This will never mean previous versions will be neglected. I will never do that for sure.

Let us continue work on all versions as normal ...

 

[mauri59]

Good morning all ...
Friends who I promised to send you the new version of the EA, please contact me privately using the forum mail ...
Kindly, send me the following ...
- 3 live account numbers.
- Your own email address.
- Your name.
- The link or post number where you won this EA.

The new EA named by "Grid-Averager-PRO" ... It has more efficient Money Management options including Fibonacci series ... Higher risk with too High Profit. I will try to make it safe using it as an Asian Market Scalper.

The following is an image for few minutes trading on demo account using Fibonacci lot series ...

In the above image, I use low PipStep to simulate the Asian Market time to see who it could work.

I'm still working on the final touches that will not effect on the trading results ... Just give me few days and you will for sure get it into your inbox.

More info will be posted on my blog after few weeks. I'm waiting to get some forward tests to publish.

Any member who post in this thread before post [HASHTAG]#386[/HASHTAG] will have the EA with almost FREE price as a thank you for sharing your time and supporting No-Sleep-EA here.

This will never mean previous versions will be neglected. I will never do that for sure.

Let us continue work on all versions as normal ...

I really wish got a chance to test your new EA Grid-Averager-PRO Thanks in advance

 

[Masran Mata]

Thanks for sharing
No Sleep EA With no restrictions
I test Real Acc XM micro Good EA
But new EA i can test it

 

[margajaya12]

So, who survived the EURUSD rally today? ) I do )


Sent from my iPhone using Tapatalk

 

[marco85555]

I was trading EURJPY and AUDUSD ... all closed peacefully.

can you share your results my friend

 

[Ron2009]

Hi Oshaban,

Can you share your Set files for these 2 pairs? I am running Optmization for ver 3.2 and expecting to have it ready by tomorrow. I will share the results with others here. It will be EURUSD pair.I know that all set files are different and very much depends on broker. But it
gives some idea on some parameters.

I was trading EURJPY and AUDUSD ... all closed peacefully.

 

[Johncog]

Inizia il test

 

[Ron2009]

To be snoby here is not a best behaviour.

As you asked for sharing settings, this means to me that you didn't pass on the whole thread or at least important links