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New EA No Sleep EA With no restrictions

oshaban said:
Thanks gfpoow for your above reply. You're correct.

The explanation is as follows ...
It's clear that you trade on H1 time frame.
As long as you don't change time frame during trading, the new order
will open at the new bar open price. So, if there is a big spike, the new
bar open will protect your account from opening multiple orders.

At the first tick for the new bar, the EA will compare the distance between
last opened order and the current price ... It will open a new order in case
distance is equal or bigger than the PipStep value.
This is already discussed in the very first pages of the thread.

So, there is no mistake in the statement. Everything is ok.

10 pips for PipStep on Gold is too small !!!.

Good luck.
Click to expand...
appreciate your response. understood now need to change setting to trade for gold.
 
The robot still lacks SL management.
There will inevitably come a time when it would be better to cut open positions than to continue until the TP are reached.
oshaban Do you think a future version could incorporate this ?
 
oshaban said:
Agima,
I already talked many times about the SL along this thread.
I told there that SL will never work with such EA.
Why? The answer is already written there many times.
If you are interested about knowing about this critical point, you have no way to review the thread
as I always recommend for the reader's beneficial.
Click to expand...
Ok I will have a look to all 136 pages of the thread to see it, sorry :sweating:;)
 
oshaban said:
Believe me, this is for your benefit. :)
Click to expand...
I believe you off course.
So what is your recommandation when the DD start to be hude as on my signal on demo account ?
Wait or cut manually before it is too late ?

d30c6de680a629a283c50203553f6b59.jpg
 
How this NSEA determine its new TP after opening a new order? Can we adjust it? Because my account is not swap free. I want to cover the swap fees. Thanks.
 
oshaban said:
TP always calculated as,
TP = Breakeven of all opened trades + TP value in pips.
Any total orders close by $$$, swap and commissions are always are considered in my codes,
But closing orders by TP value in pips or points, you need to compensate by adding 1 or 2 pips.
Click to expand...

Thanks again for your input.
 
My demo running since March 2019. Never intervened before.

https://www.mql5.com/en/signals/516241

Thinking to share the set file, and everything with you guys...

1) So far it can sustain up to 400 pips trend (1 - 2 pairs out of 7 pairs trades, while other pairs were in bad shape too during DD 46% max).

2) Ignore the DD 73.9% in my signal, as the settings was accidentally put in Martingale mode (Lot Multiplier = 1.5) before. Currently the Lot Multiplier is always = 1.

3) Previously the pipstep = 10, TP = 10, just recently i changed it to pipstep = 15, TP = 15.

4) My 7 pairs selection are USD, CHF, EUR pairs etc... in which highly correlated to each other. You may load the profiles and check it.

5) If you trade lesser e.g. 3 pairs only, do expect lesser profit e.g. 5% a month, but of course MUCH SAFER.

6) EA, set files, profiles are attached. Please check.

Hope my contribution helps. :)



======================

7) Lastly.... I have a few more profitable EA, which I would like to exchange (1 to 1) with everyone.

My criterias below:
- no grid (if grid, max 3 orders only) (coz I have too many grid EA already)
- with SL
- ROI 10 - 25% monthly
- DD% 30% max
- no martingale
- no hedging

Prefer ranging, swing, trend following, or price action EA.... Any unique strategy EA also welcome...

Please contact me through below:
telegram @marcuslee888
wechat: marcuslee888
skype: cloud9_lee

Thank you and have a nice day. :)

Marcus Lee
 

Attachments

Last edited:
Adding to the above, No JPY pairs.

JPY pairs (safe haven currency) tend to trend 300 - 700 pips every few months / year once during economy/political/disaster turmoil.

Very dangerous to use on No Sleep EA.

You can check NZDJPY, AUDJPY for example.
 
I would like to revise on the Money Management / Risk aspect:

$1500 / 0.01 lot for trading 7 pairs

or

$1000 / 0.01 lot for trading 4-5 pairs

EURUSD / AUDUSD / USDCAD / USDCHF / EURCAD / EURCHF / AUDCAD

Your make the decision.


 
T
marcusleewc said:
My demo running since March 2019. Never intervened before.

https://www.mql5.com/en/signals/516241

Thinking to share the set file, and everything with you guys...

1) So far it can sustain up to 400 pips trend (1 - 2 pairs out of 7 pairs trades, while other pairs were in bad shape too during DD 46% max).

2) Ignore the DD 73.9% in my signal, as the settings was accidentally put in Martingale mode (Lot Multiplier = 1.5) before. Currently the Lot Multiplier is always = 1.

3) Previously the pipstep = 10, TP = 10, just recently i changed it to pipstep = 15, TP = 15.

4) My 7 pairs selection are USD, CHF, EUR pairs etc... in which highly correlated to each other. You may load the profiles and check it.

5) If you trade lesser e.g. 3 pairs only, do expect lesser profit e.g. 5% a month, but of course MUCH SAFER.

6) EA, set files, profiles are attached. Please check.

Hope my contribution helps. :)



======================

7) Lastly.... I have a few more profitable EA, which I would like to exchange (1 to 1) with everyone.

My criterias below:
- no grid (if grid, max 3 orders only) (coz I have too many grid EA already)
- with SL
- ROI 10 - 25% monthly
- DD% 30% max
- no martingale
- no hedging

Prefer ranging, swing, trend following, or price action EA.... Any unique strategy EA also welcome...

Please contact me through below:
telegram @marcuslee888
wechat: marcuslee888
skype: cloud9_lee

Thank you and have a nice day. :)

Marcus Lee
Click to expand...
thanks marcus for your review. I try to this
 
marcusleewc said:
My demo running since March 2019. Never intervened before.

https://www.mql5.com/en/signals/516241

Thinking to share the set file, and everything with you guys...

1) So far it can sustain up to 400 pips trend (1 - 2 pairs out of 7 pairs trades, while other pairs were in bad shape too during DD 46% max).

2) Ignore the DD 73.9% in my signal, as the settings was accidentally put in Martingale mode (Lot Multiplier = 1.5) before. Currently the Lot Multiplier is always = 1.

3) Previously the pipstep = 10, TP = 10, just recently i changed it to pipstep = 15, TP = 15.

4) My 7 pairs selection are USD, CHF, EUR pairs etc... in which highly correlated to each other. You may load the profiles and check it.

5) If you trade lesser e.g. 3 pairs only, do expect lesser profit e.g. 5% a month, but of course MUCH SAFER.

6) EA, set files, profiles are attached. Please check.

Hope my contribution helps. :)



======================

7) Lastly.... I have a few more profitable EA, which I would like to exchange (1 to 1) with everyone.

My criterias below:
- no grid (if grid, max 3 orders only) (coz I have too many grid EA already)
- with SL
- ROI 10 - 25% monthly
- DD% 30% max
- no martingale
- no hedging

Prefer ranging, swing, trend following, or price action EA.... Any unique strategy EA also welcome...

Please contact me through below:
telegram @marcuslee888
wechat: marcuslee888
skype: cloud9_lee

Thank you and have a nice day. :)

Marcus Lee
Click to expand...

Thank marcusleewc
your information so good and help to others

Regards,
 
marcusleewc said:
My demo running since March 2019. Never intervened before.

https://www.mql5.com/en/signals/516241

Thinking to share the set file, and everything with you guys...

1) So far it can sustain up to 400 pips trend (1 - 2 pairs out of 7 pairs trades, while other pairs were in bad shape too during DD 46% max).

2) Ignore the DD 73.9% in my signal, as the settings was accidentally put in Martingale mode (Lot Multiplier = 1.5) before. Currently the Lot Multiplier is always = 1.

3) Previously the pipstep = 10, TP = 10, just recently i changed it to pipstep = 15, TP = 15.

4) My 7 pairs selection are USD, CHF, EUR pairs etc... in which highly correlated to each other. You may load the profiles and check it.

5) If you trade lesser e.g. 3 pairs only, do expect lesser profit e.g. 5% a month, but of course MUCH SAFER.

6) EA, set files, profiles are attached. Please check.

Hope my contribution helps. :)



======================

7) Lastly.... I have a few more profitable EA, which I would like to exchange (1 to 1) with everyone.

My criterias below:
- no grid (if grid, max 3 orders only) (coz I have too many grid EA already)
- with SL
- ROI 10 - 25% monthly
- DD% 30% max
- no martingale
- no hedging

Prefer ranging, swing, trend following, or price action EA.... Any unique strategy EA also welcome...

Please contact me through below:
telegram @marcuslee888
wechat: marcuslee888
skype: cloud9_lee

Thank you and have a nice day. :)

Marcus Lee
Click to expand...
Thanks Marcus :)
 
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