Forex Hacked-Alpari UK (by rsmereka) Quick Stats
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Forex Hacked-Alpari UK Discussion
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stevewalker

Member Since Jun 06, 2012  1361 posts stevewalker (stevewalker) Jun 17 2012 at 17:17
forex Hacked hascked. dont use it. it pure martingale without any wise code. it will definetly blow account.
you will have closed trades profit and floating loss which will be bigger then closed profit.

DONT TEST THE TESTED.

not clever.

walker

Trade the Trend, Defend to Price!
Jayman007

Member Since Jan 02, 2011  139 posts Jayman007 Jun 17 2012 at 17:20
Oh yeah? Well I run forexhacked and pull my profit daily and have already made all my investment back so now the money being traded is pure profit. If the account blows, I lose on some of the profits.
http://www.myfxbook.com/members/Jayman007/sig-cent-martin/195905

stevewalker

Member Since Jun 06, 2012  1361 posts stevewalker (stevewalker) Jun 17 2012 at 17:25
trader can be lucky with one start and can get back initial deposit also profit with those kind of systems.
but next time loose all.

without fixed stoıp loss with reasonable RR ratio any system will surely fail.




Trade the Trend, Defend to Price!
snowy

Member Since Aug 07, 2011  33 posts snowy Jun 18 2012 at 05:34
from time to time these guys come around the corner and we hear these wise speeches:

'oooh oooh. it's a martingale! it will faaail! it is dooooomed! (deep weird voice). let me take a look in my crystal ball: oooooh not today, not tomorrow, maybe not in 1 or 2 years, but some day.... it will faaaaaaiiiil!'

funny. but thanks for these wise advice. nobody here knew this before.

after a look in my crystal ball, i can tell you: in the winter.. my friends... in the winter...... it's getting COLD!

stevewalker

Member Since Jun 06, 2012  1361 posts stevewalker (stevewalker) Jun 18 2012 at 07:47
Have you ever BT ed that EA?
if yes can you please share the results.



   snowy posted:
   from time to time these guys come around the corner and we hear these wise speeches:

'oooh oooh. it's a martingale! it will faaail! it is dooooomed! (deep weird voice). let me take a look in my crystal ball: oooooh not today, not tomorrow, maybe not in 1 or 2 years, but some day.... it will faaaaaaiiiil!'

funny. but thanks for these wise advice. nobody here knew this before.

after a look in my crystal ball, i can tell you: in the winter.. my friends... in the winter...... it's getting COLD!

Trade the Trend, Defend to Price!
Jayman007

Member Since Jan 02, 2011  139 posts Jayman007 Jun 18 2012 at 07:49
I have shared my fwd testing results from a live account. I don't believe in BT. To each his own. You won't be convincing me to stop using it. I am fully aware of the risks involved with trading. Now move on mate....

snowy

Member Since Aug 07, 2011  33 posts snowy Jun 18 2012 at 07:54 (edited Jun 18 2012 at 07:55 )
yes, as mentioned before. and as i wrote before here in this topic: cable is too dangerous, so i tested FH on different pairs and for me audnzd is the safest (smallest floating drawdowns). so i trade this thing live on audnzd since one month now.

my backtests:

rick's settings on cable with 0.02 lot:
http://bt.hmja.de/forexhacked_gom_20090501-20120430_smereka-settings_0.02lot.htm

slightly different settings on audnzd with 0.02 lot:
http://bt.hmja.de/forexhacked_gom_AUDNZD_20090501-20120430_maxtrades11_0.02lot.htm

snowy

Member Since Aug 07, 2011  33 posts snowy Jun 18 2012 at 08:03

   Jayman007 posted:
  ... I don't believe in BT. ...


i also wasn't sure about BT results before. but i tested FH on cable with rick's settings from the starting date of his alpari demo until the day when he increased the lotsize (because i cannot change the lotsize during the running backtest) and the result was almost the same as in his demo / forward test. this tells me that the backtest cannot be so wrong.
and for discovering the maximum drawdowns over the last years and adjust settings, backtests are good enough.

i also did this with different other EA's, which i have running on demo accounts. just started the backtests with the same settings and from the same starting date as the forward demo. the bt results were mostly very accurate, 1:1 as the demos. for scalpers these backtests may be useless, but for an EA like FH the results are a good information.

of course: my backtests were done with historical tickdata ('99%'), not with the poor data, the broker provides.

greets

stevewalker

Member Since Jun 06, 2012  1361 posts stevewalker (stevewalker) Jun 18 2012 at 08:05
BT should work at least 10 years. at least!

I am not trying to stop any trader using FH.

good luck all.



   snowy posted:
   yes, as mentioned before. and as i wrote before here in this topic: cable is too dangerous, so i tested FH on different pairs and for me audnzd is the safest (smallest floating drawdowns). so i trade this thing live on audnzd since one month now.

my backtests:

rick's settings on cable with 0.02 lot:
http://bt.hmja.de/forexhacked_gom_20090501-20120430_smereka-settings_0.02lot.htm

slightly different settings on audnzd with 0.02 lot:
http://bt.hmja.de/forexhacked_gom_AUDNZD_20090501-20120430_maxtrades11_0.02lot.htm

Trade the Trend, Defend to Price!
snowy

Member Since Aug 07, 2011  33 posts snowy Jun 18 2012 at 08:08

   stevewalker posted:
   BT should work at least 10 years. at least!


do you have a source for historical tickdata over the last 10 years? a source where the download is working! if yes, please share, then i will do the bt's again.

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