I think the most important thing here is to learn that even if an strategy is insanely profitable it can have years of drawdown too that's why is good to diversify
Instead of a fixed entry time at 11:00 i would try a range in pips order setting. Example if the range (high-low) from a time window 4-11 is > 25 pips width then set the orders. Also based on that range you could set a takeprofit of 2x or 3x the range. Plenty of ideas to try with this type of strategy. Thanks Rene!
Yeah there are a lot of different things you can try out. Feel free to try it out. The EA is also included in my Masterclass course: en.bmtrading.de/mt5-masterclass/
sehr schon Rene,... lovely simple strategy.. at the moment I'm devising my own EA based on cumulative volume delta...and it's looking very promising... thanks for all the hard work brother...cheers!
Hi rené first of all thanks for this channel. Please can you do a video where u show how to add the folder separator in the settings. Greetings from Africa Ghana ❤🇬🇭
If you can do this, it will be a big help. Can you teach us (up/down trend), (patternless ❌️single candlestick types ✅️), (how to draw a horizontal line above and below a candle?
Hello René, I hope this message finds you well. I have a question regarding this EA, I purchased it today. When I access my settings, I notice that my menu differs from yours. For instance, mine does not display options for step and stop. How can I add these features?
hello Rene . Is it possible draw object in second time fame in strategy tester?for example my strategy has H1 and M5 time frame . I can create object in H1 but cannot find any way for draw in M5.
Having watched a few youtube videos on trading it seems the successful ones use the strategy of searching through a lot of pairs to find a pair that is trending the same on the Week, Day and 4 Hour then use a break out strategy on the 1 hour or lower. Have you done something similar? I remember seeing a tool where it has a panel of all the pairs and it would flash green or red if a trade had been placed for that pair signifying whether it was in profit or loss. Thanks
Hey, did not do this yet. But I also think that trends on the higher timeframes can be a good indicator for quality entries. Maybe I will do something like this in the future :)
I have been following your vids for a while, I think you could do better by using AI like SVM, you could let the model learn your strategy ICT or any, I think you should try it, you definitely get better results.
It is worth it trust me :) Actually I do not really do a lot of marketing deals like this.. But if there will be a special offer I will announce it via email.
I agree. This EA is far too cheap. I have built a similar EA with a couple of additional features, I'm not selling, but if I did, I'd sell for more. Thanks for all of your content Rene, trading is a lonely business so its great to see such honest and knowledge often 👍
Usually I do all my tests with the correct commission settings. Did I forget it here? Where can you see it in the video? I do not really remember but I would be surprised if I did not use the correct commissions here.
At this point i just look forward to any content from you... you've helped my trading journey grow immensly..Thank you Rene!
Woaaa thank you! I am glad you like the videos.
I think the most important thing here is to learn that even if an strategy is insanely profitable it can have years of drawdown too that's why is good to diversify
Instead of a fixed entry time at 11:00 i would try a range in pips order setting. Example if the range (high-low) from a time window 4-11 is > 25 pips width then set the orders.
Also based on that range you could set a takeprofit of 2x or 3x the range. Plenty of ideas to try with this type of strategy. Thanks Rene!
Yeah there are a lot of different things you can try out. Feel free to try it out. The EA is also included in my Masterclass course: en.bmtrading.de/mt5-masterclass/
Did you gave spread tolerance for your entry and exit in your EA?
sehr schon Rene,... lovely simple strategy.. at the moment I'm devising my own EA based on cumulative volume delta...and it's looking very promising... thanks for all the hard work brother...cheers!
Delta with order book or delta with neuralnetwork?
@@victormike1075 he mentioned 'cumulative volume delta' ... it is very clear to me what he meant
Hi rené first of all thanks for this channel. Please can you do a video where u show how to add the folder separator in the settings. Greetings from Africa Ghana ❤🇬🇭
Its "input group". It is really easy just have a look at the documentation ;) Thanks for supporting the channel
If you can do this, it will be a big help. Can you teach us (up/down trend), (patternless ❌️single candlestick types ✅️), (how to draw a horizontal line above and below a candle?
Great Content! Thank for the education!
Hi Rene , can I input multiple range per day?
Hello rene, its a best config gpbusd for your bot range breakout ? And for UJ ?
Buenas, muchas gracias por tu tiempo. No sé si llego a tiempo pero, ¿podría compartir el enlace del código? muchas gracias
Hello René, I hope this message finds you well. I have a question regarding this EA, I purchased it today. When I access my settings, I notice that my menu differs from yours. For instance, mine does not display options for step and stop. How can I add these features?
Step and stop is only available in the tester. It can be used for optimizations.
th-cam.com/video/j4ZlJfHAWy4/w-d-xo.htmlsi=Ed5i1n9u5UehNjJE
Ah ok clear, thnx for the quick response@@ReneBalke
hello Rene . Is it possible draw object in second time fame in strategy tester?for example my strategy has H1 and M5 time frame . I can create object in H1 but cannot find any way for draw in M5.
He René could you make an EA based on the Hull MA? Thank you for your videos.
Maybe in the future :)
hi rene would like to ask the timing/hours input field, its refering to which timezone?
The time zone of your broker
Having watched a few youtube videos on trading it seems the successful ones use the strategy of searching through a lot of pairs to find a pair that is trending the same on the Week, Day and 4 Hour then use a break out strategy on the 1 hour or lower. Have you done something similar? I remember seeing a tool where it has a panel of all the pairs and it would flash green or red if a trade had been placed for that pair signifying whether it was in profit or loss. Thanks
Hey, did not do this yet. But I also think that trends on the higher timeframes can be a good indicator for quality entries. Maybe I will do something like this in the future :)
Apparently, wizecho is doing a trend EA that trades everything. Will beat constantly checking charts
Thank you!
If you do not mind, where do you build your EA? I want to build mine but i do not know which software to use.
I just use the build in meta editor
@@ReneBalke thanks for the timely answer
Which time zone do you run the EA?
I use GMT+2 (Broker IC Markets)
why not working for me this EA
I have been following your vids for a while, I think you could do better by using AI like SVM, you could let the model learn your strategy ICT or any, I think you should try it, you definitely get better results.
Not easy to program SVM into MQL, of course you can link Python to MT5, I think Rene doesn’t use Python
hello rene, your fibo trader is not working . why is this .
Hey, you mean from a programming tutorial on TH-cam? Did you double check your code?
Have any Black Friday deals for your course ?? 570 EURs is expensive
It is worth it trust me :) Actually I do not really do a lot of marketing deals like this.. But if there will be a special offer I will announce it via email.
Sir please shear coding video
You can find it in my complete mql5 programming course: en.bmtrading.de/mt5-masterclass/
Please or post the coding video, ill follow it. GOD BLESS YOU
It is part of my mql5 programming course: en.bmtrading.de/mt5-masterclass/
@@ReneBalke i dont afford your class
$97 is too cheap for such a good EA. The price should be higher!
There are similar EA in the MQL5 market for $500+
I will increase it soon ;)
@@ReneBalke no pls :')
I agree. This EA is far too cheap. I have built a similar EA with a couple of additional features, I'm not selling, but if I did, I'd sell for more. Thanks for all of your content Rene, trading is a lonely business so its great to see such honest and knowledge often 👍
Rene you have support cause you are not selfish this guys wants you to be selfish like him
there is a free ea doing the same thing on mql5 market lol, he even have it as a mql5 programming tutorial
Commission was not accounted for and 30% drawdown would blow this up on any prop firm. This is not a profitable EA.
Usually I do all my tests with the correct commission settings. Did I forget it here? Where can you see it in the video? I do not really remember but I would be surprised if I did not use the correct commissions here.