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New EA No Sleep EA With no restrictions

This is my review for this thread:
I feel very Lucky when know this website, And Especially is Oshaban, Thanks for Your great job Helping Us.
 
hi oshaban thank you for sharing your ea i want to trade this on 500 micro account can you give me the safest setting for my account as im not sure what the best setting would
be thanks again
 
I know this kind of EA , its logic = Martingale + Price Average order. It works perfectly in range/sideway market and bad on one-side market (if order side is wrong on the beginning) . The difference point of all EA is order entry , when does EA place buy/sell. With these EA type , if you got big budget , you will generate big income overtime.
Thanks for the good work , oshaban , Could you please share logic about order entry ?

By the way , I coded an EA about martingale + average also , almost same with No Sleep EA logic , so I wonder about order entry.
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oshaban said:
Sorry, I mean, Yes. It is safer most of the time but you will get less profit.

Can you/anyone logically think why it will have less profit?
Let's discuss this point to see who can understand the logic behind that.

The one who give COMPLETE (not partial) logical answer will entitled to get FREE
license for 2 live accounts for CS Semi Auto EA and CS Auto EA. Both worth 400 euro.

Sorry, I could delay in reply due the situation here around, but the first one who give the
write answer will be the winner.
Click to expand...

I think if psm will be high so the lot size also will be high and profit will be high.
I hope , I will get your profitables eas as free :)

on the other hand, my second question is
start PSM after trades : 3 or 0 which one can be more risky ?
 
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 you Bro, in my opinion this is very useful ...
 
mr oshaban i looking for your master piece called grid averager, i have ver 2.0 and i just try in live demo but it doesnt work, do you mind give me the working version, thx and i really admire you (you skill and experience ofcourse)
 
Thanks Mr Oshaban for creating and distributing this ea for free. I have one simple question if you dont mind me asking.

Suppose i have a cent account and i trade XAUUSD pair. The question is how much pips step should i put if for example 1 buy OP at 1455.00 than i want the EA to average at 1450.00. Would it be 50 or 500. Thanks and keep up the good work
 
oshaban said:
Can you/anyone logically think why it will have less profit?
Let's discuss this point to see who can understand the logic behind that.
Click to expand...

higher PSM it means higher pip step, so it will open less new position because the higher pip step of every levels.
fewer open positions it means fewer total lots that against the market trend.
make it safer because if there is big news that can move hundreds pips a day, the total new positions and lots will be less
it means your balance can stand against it
less lots it means less profit and less risk

summary
higher PSM = higher pip step of every levels = less open positions = less lots = less profit = less risk

marco85555 said:
on the other hand, my second question is
start PSM after trades : 3 or 0 which one can be more risky ?
Click to expand...
start PSM after trades 0 is less risky
 
oshaban said:
Hello Comercio...
Regardless to your account type, use Pips instead of Points.

In such cases, you can draw 2 horizontal lines on your chart at 1455 & 1450... Then measure the distance between them by Crosshair function (CTRL+F). Then divide the result by 10.
You will get the distance = 5000 points
So, PipStep in your case should be 500.
Click to expand...

Super helpfull love you 3000 Mr Oshaban
 
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