Chatting

Salve,

the Crescendinos community is growing, and the blog is becoming their meeting place. For that reason, we created that page where you can talk about anything on your mind, and not just the Crescendo.

Enjoy!

    • Hussein KADIOGLU
    • January 6th, 2011 2:03pm

    I just sent this email to Leo Trader Pro Team, let see if I can get any reply!

    Hi Leo Trader Pro Team,

    I have four(4) set of license and four deferent MT4 accounts running since Monday. Unfortunately all of them showing Pending Orders with out any trades. As per your Manual we except two trades per day.

    Leo TraderPro smiley face,
    Neural Network Levels,
    Processing Status, and
    As I said Pending Orders are all running well.

    Any idea why?

    Kindest Regards,
    Hussein

    • Marvin Hacker
    • January 6th, 2011 8:34pm

    Andrea,

    I am waiting since 23DEC10 for a response to my email to you, regarding Chrescendo performance.

    Why do you not respond within a couple of days?

    Thank you.

    Best regards,

    :) Marv

    • Hi Marvin,
      sorry but I’ve been away for holidays and probably then your email get lost in the backlog of things to do.
      I’ll try to find it and reply to you, or simply resend it :)
      Thanks for your patience.

    • CJ
    • January 10th, 2011 4:09pm

    HI Andrea,

    I asked you this question via email but I never got a reply so i will post here hoping you will reply.

    I have a 10k account and I only plan on trading the GBP/USD only. So does this mean that I can use a 0.20 lot size? I would appreciate your confirmation. thanks.

    • Sorry if I didn’t reply.
      Yes you can if so you should also put the target_profit to 80$.
      Sincerely I’d suggest to go with an in between solution if possible… like 0.15 lots and 60$ target profit just to be more conservative at least for the first months.

    • Bizking
    • January 10th, 2011 11:21pm

    Hi Andrea
    I have posted this also in best settings hoping to catch you.
    I have demo traded the 1.2 version for a while successfully.
    So I have opened new account for live trading. From that moment on
    I didn’t receive a trade. In “Experts”it says;
    2011.01.06 20:56:06 Experts are disabled because the account has been changed.
    In Journal; Custom indicators Hulma removed
    Investor mode;trades not alowed

    My VPS admin. says it is not they problem.
    I did send email to C admin but Andrea is probably to busy.
    Also looking for someone to install the 1.3 version on my
    VPS in Australia for a fee.

    • Hi,
      you simply have some wrong setting in MT4 options.
      Go to the Tools menu. Choose Options.
      Go to the Expert Advisors tab.
      You should have checked ONLY:

      - Enable Experts Advisors
      - Allow Live Trading
      - Allow DLL Imports
      - Allow External experts imports

      The rest should be unchecked.
      Let me know if that solved.

        • Bizking
        • January 10th, 2011 11:43pm

        Sorry no go. I have them checked all as say.
        No trades.

    • John brignall
    • January 12th, 2011 7:44am

    (I wrote this entry in live statement , I am rewriting it here hoping that I may get a reply from someone) this is regarding my account started on 11 th Oct,

    Hi Anreas My account has now gone further into the red since the entry above this one written on January 5th, the balance now stands at MINUS -56% and has had a further 2 Max DD’s that makes 6 max dd’s for so far.

    I have written to you Andreas, support at Crescendo and also Mark McRea to see if there is anyone out there that might have some advice as to why I am not seeing the results like the live account , without any replies or acknowledgements regarding my messages etc. from anyone,

    As my account is set up using the recommended inputs etc I have to conclude that this is going the way of other EA’s , down the drain !!!

    An acknowledgement of this message and an answer would be appreciated .

    Sincerely

    John

    • graeme
    • January 13th, 2011 4:14am

    Hi all,
    I have just turned Crescendo 1.3 off. Version 1 & 1.2 steadily made money for me , not alot at .01 lots, but all the same I had steady gains. Crescendo 1.3 has steadily lost money and as of last night, had wiped out all my origional gains plus 46% of my origonal bank plus I was staring at another 4 negative trades on GBPUSD.

    I will wait for Version 1.4 and run it on demo.

    Regards,
    Graeme.

    • Juerg
    • January 13th, 2011 4:24am

    What to do if the account balance changes. Say you make an additional deposit and thus the Crescendo position size could be increased. Is it ok to change it while other orders are open or what is the correct way to increase the position size?

    • Andrew
    • January 14th, 2011 1:52am

    I have been running Crescendo v1.3 since Dec 21,2010. I trade through Interbank FX Meta Trader 4. Started with $1000 dollar account. 1:100
    Made $100 dollars till after new year when the account kept in a selling mode even thought the trend was postive. Kept taking on selling positions until today the account unloaded today and ended all trades taking the account to $880.00. I did not change any setting and have the account trading with 0.01 lots. I still think crescendo is a good system.
    What am I doing wrong or is this just expected?

    • Hi Andrew,
      it was a little early start. From mid Dec to mid Jan is not a good time for trading.

    • Mike R
    • January 14th, 2011 2:28pm

    Hi Andrea,

    I have experianced a problem with V1.3 on the GBP/USB pair I had set it to sell only (-1) but for 3 days this week it kept placing Buy trades,I checked the settings and found them correct ( I had only changed the value from 0 to -1) to stop this I have set the frequency to 6. Do you have any idear what might be wronge :)

      • Mort
      • January 15th, 2011 11:36am

      Clearly Crescendo is smarter than you and you made some pips :D
      Did you set manual_trend to true as well?

    • albatore
    • January 15th, 2011 12:11am

    Andrea, could you please give your comment on the scenario presented on this video review,
    http://www.mechanicalforex.com/reviews/forexcrescendo.avi
    if there is 3 times in a raw a reverse trends meaning 3 times a 30% drawdown that will reduce the account at 27% of its initial value. How the EA will react?
    Do you have performed a monte carlo analysis in order to know the worst case scenario as well probability of happening?
    I think this is an important information if we want risk our hard earn money.
    thanks

      • albatore
      • January 17th, 2011 1:37am

      no comments ?

      • I think I commented that already in the past but the main thing is… I don’t know which version he was testing, probably before version 1.3.

        The analysis of the strategy is not exact as it’s is missing an important factor that usually not present in grids EAs that is “time”. And Crescendo filters a lot of “bad” entries just by using time filter.

        When you start trading is can change performances (at the beginning) not because of how the trend is calculated but simply because you start your “sets” of trades in different times.

        Also, despite of what it is said in the video, the longer it trades the safer it gets, because of the way the max_dd is calculated.

        Those are just a few of the things that can be said and those are only referred to the version he’s been probably testing.

        With version 1.3 and the version 1.4 things changed to be safer.

        So what can I say… one thing is reviewing an EA, and another thing is developing one :)

    • Rory Dryden
    • January 16th, 2011 1:49pm

    A question for anyone who knows the answer.
    I am using Crescendo v1.3 with the suggested default settings.
    Because of the ‘Close on trend reversal’ setting, all my short trades on the Yen were closed on Friday at a loss. This means that I am 14% down after having been 7% up.

    My question is this:If I had not set the ‘Close on trend reversal’ would Crescendo have opened a long when detecting the new trend, if there were short trades open?

    To put it another way, does Crescendo trade in the direction of the new trend when there are trades open from the previous trend?

    Rory.

    • No Rory,

      Crescendo continues to trade in the same direction until the set of orders is closed in profit or by the close on counter trend option, that also reverses the trades.

      This would be “hedging” and because it is not allowed for US citizens I decide not to implement that.

      I’m writing an article about how to use Crescendo in hedged mode using an advanced strategy. I think that everyone will like that even if it has to be used cautiously.

      This new article will be out next week for sure.

        • Rory Dryden
        • January 16th, 2011 4:14pm

        Thanks Andrea.
        I assume that means if the new trend continues (and the close on counter trend option is not set) then no new trades will be opened until the losing trades are closed at the 30% DD.

        Rory.

        • Right!

          That’s why I think that the CloseOnCounter trend is so important. Unfortunately I released version 1.3 in a moment when market did start to be quite unstable due to low volumes and also the MTF trend indicator seems to suffer from some MT4 bug in using MTF data.

          Version 1.4 will work by default with the same timeframe but with different period giving much more stable values for the trend score and so also the close on counter trend should be more stable and efficient.

            • Rory Dryden
            • January 16th, 2011 5:21pm

            Thanks Andrea.
            I’ve changed the settings to v1.2 for now.
            In retrospect it would have been better to start trading tomorrow not last week.
            I’ll remember that next year.

            Rory.

    • John brignall
    • January 17th, 2011 5:05am

    Hi Andrea

    Thanks for your Email regarding my entry of 12 January, asking for the settings that I am using, The setting are the default settings from the best settings column here in the blog. I did email you on receipt of yours , but as yet have had no communication from anyone..

    The account is sitting presently at Minus -54% —— not what I would expect after 3 months plus running

    Sincerely

    John Brignall

    • Mike R
    • January 18th, 2011 7:04pm

    Hi Andrea,

    I have experianced a problem with V1.3 on the GBP/USB pair I had set it to sell only (-1) but for 3 days this week it kept placing Buy trades,I checked the settings and found them correct ( I had only changed the value from 0 to -1) to stop this I have set the frequency to 6. Do you have any idear what might be wronge

    • john c
    • January 18th, 2011 11:43pm

    I am running v1.3 and have just come back from being away to find my account down 25% Ouch. Have other people had a similar run?

      • Andrew
      • January 19th, 2011 1:02am

      I had the same thing happen to me but I left it running during christmas to see how it would play out. Even thought I have heard that you should shut it off at the end of year. I also had my settings wrong for running with v1.3. I had close on counter trend on false and it it should be set at true

    • john c
    • January 18th, 2011 11:50pm

    I can see from the posts above that some of you have. Sadly when the gains haven’t been realised and the losses have been greater it is tough. Let us hope the market and our profits pick up soon.

    • Blaine
    • January 19th, 2011 3:26am

    I think the markets going great – we are just in on the wrong side of the trend!
    Imagine if we were on the other side of the trade!
    Maybe next time.
    I got stopped out on GBPJPY.
    Now I’ll wait for V1.4

    • Rory Dryden
    • January 21st, 2011 9:07am

    I changed my v1.3 setting to 1.2 with one exception.
    I set the frequency to zero (always).
    My open trade drawdown is now almost zero and I am getting a lot
    of profitable trades on both pairs. Maybe it wuld have done that anyway.
    This is on a (small) live account.

    Rory.

    • Rory Dryden
    • January 21st, 2011 12:31pm

    I’ve just noticed that I have two opposing trades open on the GBPJPY, which is o.k. by me as I am trading in the UK.
    I just thought you should know.
    Also I am showing a break even level of 395.422 on the GBPJPY.
    It’s going to take a long time to get there!

    This is a screen shot: http://www.rorydryden.com/charts/example.gif

    Rory.

    • Hi Rory,
      that shouldn’t happen!
      The EA is not made to hedge so something wrong here.
      Did you change the magic numbers?

    • Rory Dryden
    • January 21st, 2011 2:27pm

    Andrea :
    Hi Rory,
    that shouldn’t happen!
    The EA is not made to hedge so something wrong here.
    Did you change the magic numbers?

    No, 130907 (GBPUSD) and 300610 (GBPJPY) on both charts.

    Rory.

    • Rory Dryden
    • January 21st, 2011 2:31pm

    Rory Dryden :

    Andrea :
    Hi Rory,
    that shouldn’t happen!
    The EA is not made to hedge so something wrong here.
    Did you change the magic numbers?

    No, 130907 (GBPUSD) and 300610 (GBPJPY) on both charts.
    Rory.

    Also 395.422 is the sum of the three prices when the trades opened.
    It hasn’t been averaged.

    • the average price goes mad when it has hedged positions so that’s normal.
      What’s not normal is Crescendo opening hedged positions. It’s the first time that I hear that.
      What I can say is close the short latest one and let it trade with the original longs.

        • Rory Dryden
        • January 21st, 2011 5:03pm

        I shut down Crescendo, closed all three trades, they were in profit and re-started.

        Rory.

    • Jason
    • January 21st, 2011 5:13pm

    I wish to purchase Crescendo, but the drawdown scares me. How much percentsge is right now the GBPJPY drawdown? Is it close to the 30% or over? How do you deal with the draw dowm?

    Apologies if this question is answered elsewhere, but it is too long to go through all these comments.

    Thanks

      • FrankB
      • January 21st, 2011 6:52pm

      Hi Jason,

      If you click the myfxbook.com link on the top right you will get the present DD of Andrea’s Crescendo 1.2 version running with standard settings. GJ is down close to 3000 pips, only GJ sells open , no GU. Since Andrea trades with 0.1 lot and imagine his account (or balance) today would be $10.000 (minimum to trade 0.1 lot) his DD would be close to 30% at this moment.
      However, I would not recommend to use vs.1.3 with standard settings from the start and max_total_DD at 30%.

      My experience is you need a larger max_DD, say 50%, and at the same time you need to hedge with a seperate set of GU/GJ that trades on the other side (buy’s vs sell’s). Once, your balance has grown like Andrea’s 1.2 vs (+180%!) you can use his EA as a stand-alone robot(and absorb large DD’s), but at the start you need to apply some manual tuning to survive the first 3 months. For example, if you use freq=4 for the sell trades, you can set freq=0 for the buy trades, or use a martingale strategy.
      IMHO you need to be an experienced trader to understand what is going on and how to attack large DD’s but once Crescendo is running ‘smoothly’ it is an excellent robot, especially because you are able to set manually many parameters and let Crescendo run as if it is your own designed robot:-)

      FrankB

      • GrahamW
      • January 22nd, 2011 5:47am

      It completely depends on when you start trading. In my own case, I started on Jan 10 after a break for the holidays, with no open positions and no drawdown. By the close of this week I have added 11.9% to my account – and right now I have no open positions and no drawdown.

    • Rory Dryden
    • January 22nd, 2011 1:50am

    A question for anybody who knows the answer.
    I have the same charts in my live and demo accounts. GBPJPY, GBPUSD and EURUSD.
    I want to test another EA on my EURUSD chart in my demo.
    No problem.
    When I change to my live account the EA is on the same chart there!
    How can I test in my demo account without testin on my live account?

    Rory.

      • Mort
      • January 22nd, 2011 10:12am

      Hi Rory,
      Your question is not entirely clear.

      “When I change to my live account the EA is on the same chart there!”
      Which ea? The eur ea or all of them? I would expect all to be there.

      “How can I test in my demo account without testin on my live account?”
      Do you mean with the same broker and running demo and live simultaneously?

      Assuming the above, I suspect you are using the same instance of terminal.exe and simply logging in to your live account on the same session, which logs you out of demo into live account with same MT4 profile.

      To run both at the same time, you need two intances of MT4, one running demo, the other live. On the live account you need to disable eas or use a different profile.

      Some computers (such as mine :) ) will allow you to open two intances of MT4 and log into different accounts. If you cannot do this, then you will need to install your broker MT4 again, but into a different folder name. e.g. you might have folder names Alpari – demo and Alpari – live, each will have its unique short cut.

      Any eas, indicators etc that you use, you will need to copy/paste into live MT4 folder.

      Hope that is clearer than you question ;)

        • Mort
        • January 22nd, 2011 10:17am

        My reply is not that clear either :)

        “Some computers … will allow you to open two intances of MT4 and log into different accounts”
        Here, I mean from the same MT4 installation.

        “e.g. you might have folder names Alpari – demo and Alpari – live, each will have its unique short cut. ”
        Here I mean you can run both live and demo at the same time through selecting appropriate shortcut!

        • One fast way is to copy and paste the entire MT4 folder. Metatrader has everything it needs to run in it so you can install once and copy the folder as many times as you want and then run multiple istances of MT4.

    • David in Thailand
    • February 18th, 2011 12:39pm

    Hi All

    I’m trying to back test v1.3a, but I get an error right after loading the EA: dll calls are not allowed; ‘wininet.dll’-'InternetCloseHandle’

    I have the authorization fields correctly set, but I can’t believe it’s trying to authorize.

    Any ideas?

      • David in Thailand
      • February 20th, 2011 12:40am

      Here’s Andrea’s reply (for others encountering this):

      “Try setting “allow DLL” in the default general settings in MT4.
      To do that go to the “Tools” menu > options > Expert Advisor tab.
      Check “Allow DLL imports”.
      Those are the settings used by MT4 when backtesting.”

      Thanks, Andrea…

    • juan felipe
    • February 21st, 2011 2:23am

    Hi andrea,

    I need a favor from you. I have two accounts one with alpari and the the other one with boston merchant financial. i download crescendo 1.3 both accounts running OK but the account in boston merchant does not open any order
    Could you help with that please
    thank you

    • Sonja
    • March 9th, 2011 6:21pm

    Hello Andrea,

    First of all, thank you for the wonderful Crescendo.
    I am trading the Crescendo v1.2 live 5 months.
    So far all the baskets closed in a positive.
    I had only 2 large DDs.
    But today something unusual happened.
    A basket of 3 positions on the GBP/USD pair had closed at
    negative Target profit. It should have closed at Target profit 84,
    but it closed at loss of 84.
    Did something similar happen to anybody else?

    Best regards

    Sonja

    • david
    • March 31st, 2011 11:05pm

    all ea’s sooner or later suck and blow out.

    they get out of phase with the game………constantly.

    there are no exceptions.

    buy them for amusement value only.

    you cannot code hard digital black box rules to an analog game……….

    write this statement down………

    there is no grail,except the one between your ears.

    the game evolves and moves dynamically and so should anything you use to trade it …..

    learn to trade fib expansion and contraction.
    find double tops and head and shoulders setups
    live and breathe divergence ………
    learn support and resistance, box breakouts et al.
    zero lag cross overs.

    price is king and is the only roadmap to where it wants to go.

    the trader’s job is to read the road signs and steer in that direction.

    or end up in the ditch.

    this is how the game is played…………

    only 2% will win.

    get 24 flat screens and build 2 12 ft. long video walls
    cost 12k
    get 2 digital tiger big dog trading cpus built to drive the 2 sets of flats.
    cost 14k

    if you don’t have the hardware rigs, you cannot play the game.

    you now have made the commitment to trade for a living.
    there is no job other than this……..

    fund your live account with 100k and trade 1.5% risk

    have deadly entries and auto exit software written.

    open 6 major pairs and spread the game across the 12 monitors, preferably 28 inchers.

    now you can “kick some a__ and take some names…………”

    do this 5 days a week for a few intense hours per day for over 30 years.

    now you are a trader.

    all the markets are the same…….they go up, down and sideways.

    i get to eat retail ea traders for lunch……….yum yum.

    spend many years at this game and you will eventually get to win.

    kill fresh meat daily .

    keep trading your same old setup, each and every time ……..
    until you are numb.

    then you have arrived.

    cheers,

    d

    • Tushar
    • June 7th, 2011 4:41pm

    hello, please let me know where is the link to download leo trader and crescendo ea?

    • Alfred
    • July 12th, 2011 3:00pm

    Hi,
    I bought crescendo last year october and after a substantial loss on my live account ,I only run it on demo ,to see how reliable it is.A couple of weeks ago it got itself in to a very big drawdown and closed all negative trades.
    After a time it began to open a rapid sequence of losing trades that had nothing to do with the set target.
    So I installed the original version again crescendo 1.2 .But this version also did the same .I had set the target at $70 ,but this time it opened a rapid succession of small positive trades of about $ 4,$5 and $ 7.
    Can you tell me what is wrong?

    • Piet
    • August 4th, 2011 12:19pm

    Hi Andrea,
    question – de EA have this weak no trading -is that normal?
    thanks
    Piet

    • Yes as default settings will make it stop trading for August, until mid September.
      If you want it to trade you should set “avoid_low_volume_periods” to FALSE.
      But be careful and use very low lot sizes.

    • Piet
    • August 4th, 2011 5:51pm

    Hi Andrea
    thanks for your support
    I’ve read that you’re working with a new version.
    as we get notice of when it is released?
    Piet

    • Free update Version 1.4 is already out and The link has been poster already two times in the blog.
      For version 2.0 I think we have to wait for end of September/October.

    • Piet
    • August 19th, 2011 3:10pm

    Hi Andrea,
    which is about the time a trade is in it? as now the JPY / GBP is that normal or typical Month August?
    Thanks and have a good weekend
    Piet

    • Joseph
    • September 28th, 2011 10:12pm

    Hello Andrea,

    I would like to run Crescendo on semi-automatic and have set
    “Manual trend” = True
    “Trend direction” = -1.
    Frequency = 0
    However when the trend score = -3, there were no trades executed. Please can you advise what other settings I need to make.

    Thanks in advance.

    Kind regards
    Joseph

    • Joseph
    • September 28th, 2011 10:13pm

    Hello Andrea,

    I would like to run Crescendo v1.3 on semi-automatic and have set

    “Manual trend” = True
    “Trend direction” = -1.
    Frequency = 0

    However when the trend score = -3, there were no trades executed. Please can you advise what other settings I need to make.

    Thanks
    Kind regards
    Joseph

    • Doug Hume
    • October 12th, 2011 8:10pm

    Hello Andrea,

    I am using Crescendo 1.4 on live and demo accounts using stop losses. Frequently the EA does not take profits or stop losses. Sometimes gains and losses are three or four times the settings when I notice them and close the trades. If I reset the EA by pressing F7 and Return the EA will immediately close the trades. My accounts are on a professional VPS so Internet connectivity is not the problem. Do you have any ideas what is the problem and how to solve it?

    Thanks for your help.

    Doug

    • Hi,
      Check if you got some “trade context busy” error in the journal.
      What you can do it try to make the MT4 connect to the best server available from your broker. To do so, right click the red/green triangle in the right/low corner of the status bar. That should help MT4 running in best conditions.
      Cheers.

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