peacekeeper
New member
Do you run Five and M1 on the same account? Or do you think it's better to separate them? Ie: do they both go into their "highest" drawdown at the same time and trigger a stop loss?
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Buy IS VIP Five EA MT4
- Thread starter Dron
- Start date
NikkiP
Active member
same account but have different MN so they are not impacted by each other
NikkiP
Active member
not sure, i havent supplied this but i have put the option of the source code to purchase via GB i have both MQL4 and i created the MQL5 thats what i run as i use a MT5 account
NikkiP
Active member
have you used the 2 digit set file?
Yes, i have used the 2 digit set file.
NikkiP
Active member
then it should work i use IC markets making profits everyday, but i got the source file from author and also created an MT5 version that works better with execution so better profits
todays trades so far
NikkiP
Active member
you need to make sure they have different MagicNumbers
Thank you, that could be the cause of it. How are you compounding the account with these bots? 0.01 for each 1K or follow the bot 0.01 risk?
NikkiP
Active member
Im still trying to figure that out as the account grows the 2% SL gets bigger due to the increase in capital, i may stick to the idea i transfer every 100 profitable capital in a reserve account so the SL remains 2% per 1,000 if that makes sense, this EA is more like a cash flow income to cover my takeaway meals lol but after 1 year if it works well i could increase this to 10k with 0.1 lot but follow same logic
Dreamworks86
Member
Dreamworks86
Member
Here are the settings. i use. So trail start is 25. The SL is 25 points above opening price. Thats all good. THEN the trail should be 20, but as you can see, its not trailing. The red bar should be way closer to the current price. If i understand correctly
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Dreamworks86
Member
LoL, i just noticed why it didnt work for me. It seems my broker or mt4.. or whatever, the lowest setting for trailing is 35 points. Thats why it didnt work me. Sorry for the above messages. I just fixed my own issue. But this might be useful information for you guys 
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.Dreamworks86
Member
https://www.myfxbook.com/strategies/is-vip-5-ea/365130
If you go through these trades, it shows that most of the time, 0.5% SL is used. Once or multiple hits of SL is "normal"
My guts say its a bit better to play 2.5% per 1k.
If you go through these trades, it shows that most of the time, 0.5% SL is used. Once or multiple hits of SL is "normal"
My guts say its a bit better to play 2.5% per 1k.
Guys i still have the issue of the EA not opening any trades. i have re-installed MT4 and re-attached EA with proper set file as per the zip file. i use icmarkets. here is the Journal:
2025.03.22 12:44:05.826 2025.01.27 00:00:00 IS VIP Five MT4 inputs: Risk=0.01; UseManualLot=1; Lots=0.01; StopLossPercent=0; TakeProfit=75; Trail=20; TrailStart=15; AvBarPercent=75; MinimumBarSize=35; PeriodBar=100; BarProcessing=15; MaxSpread=15; UseAddOrder=1; MaxOrders=100; TimeStart=2; TimeEnd=23; Magic=2024; Info=1; FontSizeInfo=7;
2025.03.22 12:45:42.745 XAUUSD,M1: 1902361 tick events (32938 bars, 1903362 bar states) processed in 0:01:36.922 (total time 0:01:37.031)
What could be the issue? any help please
2025.03.22 12:44:05.826 2025.01.27 00:00:00 IS VIP Five MT4 inputs: Risk=0.01; UseManualLot=1; Lots=0.01; StopLossPercent=0; TakeProfit=75; Trail=20; TrailStart=15; AvBarPercent=75; MinimumBarSize=35; PeriodBar=100; BarProcessing=15; MaxSpread=15; UseAddOrder=1; MaxOrders=100; TimeStart=2; TimeEnd=23; Magic=2024; Info=1; FontSizeInfo=7;
2025.03.22 12:45:42.745 XAUUSD,M1: 1902361 tick events (32938 bars, 1903362 bar states) processed in 0:01:36.922 (total time 0:01:37.031)
What could be the issue? any help please
hi
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