BlueMonkey Real Money Live Test == Ended Oct 2014 (By bluemonkey)

The user has deleted this system.

BlueMonkey Real Money Live Test == Ended Oct 2014 Discussion

Jun 26, 2014 at 18:02
16,666 Views
838 Replies
Member Since Jun 22, 2014   423 posts
Jul 26, 2014 at 09:57
*********** ANNOUNCEMENT
*********** ANNOUNCEMENT
*********** ANNOUNCEMENT

we have launched a demo account which you have access to with username and password and attached the EA to it with default settings.

below is the account credentials:

User: 261455
Pass: x6sntwi
broker: finfx

let us know if you have any questions.

A
Member Since Feb 24, 2014   196 posts
Jul 28, 2014 at 02:09
Hi

If I were to use on a US broker with a $1000 initial investment, what would the settings be and about how much of a return can I expect based on these settings?
Member Since Jun 22, 2014   423 posts
Jul 28, 2014 at 07:13
askew8 posted:
Hi

If I were to use on a US broker with a $1000 initial investment, what would the settings be and about how much of a return can I expect based on these settings?

hi,

your lot size will be 0.01 and you should be expecting around 15% a month.

Please let me know if you have any questions.

Alex
Member Since Feb 24, 2014   196 posts
Jul 28, 2014 at 09:20
And you say a risk factor of 30%. What does this mean? Is it that if in a drawdown of 30%, the EA will automatically close all trades with that loss?

Please explain...

Member Since Jul 28, 2014   1 posts
Jul 28, 2014 at 12:25
Hi,
How can we invest securely?
Member Since Jun 22, 2014   423 posts
Jul 28, 2014 at 19:34
askew8 posted:
And you say a risk factor of 30%. What does this mean? Is it that if in a drawdown of 30%, the EA will automatically close all trades with that loss?

Please explain...


Exactly.

A
Member Since Jun 22, 2014   423 posts
Jul 28, 2014 at 19:34
sreeja posted:
Hi,
How can we invest securely?

Please define what you mean by investing securely.

A
Member Since Jul 31, 2013   34 posts
Jul 29, 2014 at 07:39
Hi...

If I use this system on a 10.000 usd account with 0,01 lots what do you thing would be the monthly medium return and what about the floating drawdown, obviously based on your experience...thanks
Member Since Jul 31, 2013   34 posts
Jul 29, 2014 at 07:39
Sorry...

Could you say that this would be a very low risk way to use this EA or extremily conservative?
Member Since Jun 22, 2014   423 posts
Jul 29, 2014 at 07:43
Aitor posted:
Hi...

If I use this system on a 10.000 usd account with 0,01 lots what do you thing would be the monthly medium return and what about the floating drawdown, obviously based on your experience...thanks

Around 2% per month. it would be super conservative.
Member Since Jun 22, 2014   423 posts
Jul 29, 2014 at 07:44
Aitor posted:
Sorry...

Could you say that this would be a very low risk way to use this EA or extremily conservative?

yes, exteremely conservative.

A
Member Since Jul 31, 2013   34 posts
Jul 29, 2014 at 08:07
bluemonkey posted:
Aitor posted:
Hi...

If I use this system on a 10.000 usd account with 0,01 lots what do you thing would be the monthly medium return and what about the floating drawdown, obviously based on your experience...thanks

Around 2% per month. it would be super conservative.

Ok Thanks...

But obviously I supposse the floating positions should be always very low in percentage, is this true? So I could use this EA in a very conservative way looking for 2-3% monthly (around 30% over the year) and the equity curve should be very close to the balance curve...I mean..I would be able to control the floating negative positions...is that OK

And working this way --10.000 usd and 0,02 lots and risk 5% would be possible or the risk parameter should be a little bit higher?

Thanks for all...
Member Since Nov 18, 2013   154 posts
Jul 29, 2014 at 14:19
hello,

I have a question what settings you used on demo FinFX much risk because you open with 0:20. I think 30%

greeting
Member Since Jun 22, 2014   423 posts
Jul 29, 2014 at 19:53
parlavink posted:
hello,

I have a question what settings you used on demo FinFX much risk because you open with 0:20. I think 30%

greeting

exactly. 30% risk. it is the default settings.

A
Member Since Jun 22, 2014   423 posts
Jul 29, 2014 at 19:53
Aitor posted:
bluemonkey posted:
Aitor posted:
Hi...

If I use this system on a 10.000 usd account with 0,01 lots what do you thing would be the monthly medium return and what about the floating drawdown, obviously based on your experience...thanks

Around 2% per month. it would be super conservative.

Ok Thanks...

But obviously I supposse the floating positions should be always very low in percentage, is this true? So I could use this EA in a very conservative way looking for 2-3% monthly (around 30% over the year) and the equity curve should be very close to the balance curve...I mean..I would be able to control the floating negative positions...is that OK

And working this way --10.000 usd and 0,02 lots and risk 5% would be possible or the risk parameter should be a little bit higher?

Thanks for all...

yes. all you said id exactly correct.

Please let me know if you have any questions.

A
Member Since Jun 22, 2014   423 posts
Jul 29, 2014 at 19:53
*********** ANNOUNCEMENT
*********** ANNOUNCEMENT
*********** ANNOUNCEMENT

we have launched a demo account which you have access to with username and password and attached the EA to it with default settings.

below is the account credentials:

User: 261455
Pass: x6sntwi
broker: finfx

let us know if you have any questions.

A
Member Since Jul 31, 2013   34 posts
Jul 30, 2014 at 06:30
Hi...

Two more things please...

1- Are there any special technical requirements to use your EA on a VPS?? or it should work on any windows based VPS...
2- I´m a little bit worried about the backtests you show on your website...I mean...I think they´re from a very small period of time...4 moths or so...Probably if you backtest for a longer period of time (2 years for example) and if you use a medium to high risk configurarion, I think the system would crash...what could you say about this?

Thanks...
Member Since Jun 22, 2014   423 posts
Jul 30, 2014 at 15:17
Aitor posted:
Hi...

Two more things please...

1- Are there any special technical requirements to use your EA on a VPS?? or it should work on any windows based VPS...
2- I´m a little bit worried about the backtests you show on your website...I mean...I think they´re from a very small period of time...4 moths or so...Probably if you backtest for a longer period of time (2 years for example) and if you use a medium to high risk configurarion, I think the system would crash...what could you say about this?

Thanks...

hi,

1: No
2:the EA recieves signals on top of the strategy. therefore it is pretty much impossible to backtest it. thats why they are short.

Please let me know if you have any questions.

A
Member Since Jul 31, 2013   34 posts
Jul 30, 2014 at 19:47
bluemonkey posted:
Aitor posted:
Hi...

Two more things please...

1- Are there any special technical requirements to use your EA on a VPS?? or it should work on any windows based VPS...
2- I´m a little bit worried about the backtests you show on your website...I mean...I think they´re from a very small period of time...4 moths or so...Probably if you backtest for a longer period of time (2 years for example) and if you use a medium to high risk configurarion, I think the system would crash...what could you say about this?

Thanks...

hi,

1: No
2:the EA recieves signals on top of the strategy. therefore it is pretty much impossible to backtest it. thats why they are short.

Please let me know if you have any questions.

A


Sorry but what do you mean with...
"the EA receives signals on top of the strategy"... is this an EA or a tradecopier...

Thanks

Member Since Jun 22, 2014   423 posts
Jul 31, 2014 at 06:31
Aitor posted:
bluemonkey posted:
Aitor posted:
Hi...

Two more things please...

1- Are there any special technical requirements to use your EA on a VPS?? or it should work on any windows based VPS...
2- I´m a little bit worried about the backtests you show on your website...I mean...I think they´re from a very small period of time...4 moths or so...Probably if you backtest for a longer period of time (2 years for example) and if you use a medium to high risk configurarion, I think the system would crash...what could you say about this?

Thanks...

hi,

1: No
2:the EA recieves signals on top of the strategy. therefore it is pretty much impossible to backtest it. thats why they are short.

Please let me know if you have any questions.

A


Sorry but what do you mean with...
"the EA receives signals on top of the strategy"... is this an EA or a tradecopier...

Thanks


all the calculations happen on the EA but, the server turns the EA on an off based on market fundamentals.

thats why it is almost impossible to really back test it.

Please let me know if you have any questions.

A
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