ForexSensation - Default - Real - FXChoice (By investea)

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ForexSensation - Default - Real - FXChoice Discussion

Oct 22, 2013 at 14:25
1,391 Views
22 Replies
Member Since Aug 22, 2009   390 posts
Oct 22, 2013 at 22:41
Hi, InvestEA,

Great!!!

The first trade ended up with profits. I have installed on pellucidfx ECN account but closed 10 pips less profits than yours.

The entry price was the same but hit the trailing stop at 1.37666.

Thanks for posting your account over here.

Cheers.😄
youngchang@
Member Since Oct 19, 2013   8 posts
Oct 22, 2013 at 23:59
What settings? default?
Member Since Aug 22, 2009   390 posts
Oct 23, 2013 at 01:20
vicky49 posted:
What settings? default?

'The settings are the default ones, using MM at 0.2% of risk. Stategies S1, S2 and S3 enabled, aggressive S3 disabled.

It's a not an ECN account, that's a classic one (I've choosen ForexSensation in the list), at FxChoice, leverage is 1:200 '
youngchang@
Member Since Mar 29, 2012   192 posts
Oct 23, 2013 at 09:20
Why would you hide the lots?
A smooth sea never made a skillful sailor.
Member Since Apr 07, 2013   23 posts
Oct 23, 2013 at 09:27
you using forex sensation EA ?
whats your EA Setting?
Member Since Oct 19, 2013   8 posts
Oct 23, 2013 at 09:28
the competition was on ECN and 0.5% risk. Are you just testing it for now?
Member Since Jan 05, 2011   128 posts
Oct 23, 2013 at 09:28
youngchang,

I am running on fxdd classic standard account and my trade also got out 10 pip less at the price you have. I was watching the trade and it got stop out from the trailing stop at 1.37666. If investa is running on fxchoicie and he did not get hit on the trailing ( maybe it did not put on a trailing on his account from his EA ) even his broker has a wider spread on the pair. What do you think ? It doesnt seem right
Live Freely
Member Since Sep 27, 2013   5 posts
Oct 23, 2013 at 09:30
And mine too. After a few days of installing the EA yesterday I had my first trade, and it closed as Youngchang at 10 pips profit.
Now if we compare it with the trades that had during the championship I am wondering if the aggressive setting was at the true or false, because I noticed that during the championship had 2 to 4 trades daily. if anyone has demo account please try it with the aggressive settings set to true, to see what results we will have.
Member Since Oct 15, 2013   18 posts
Oct 23, 2013 at 09:40
That account is running with the default settings of the EA.
Yes, it's the ForexSensation one.

I've put S1, S2, S3 stategies set to on, Aggressive S3 is disabled.
Lot size is set to MM with risk of 0.2. So lot size are 0.02 for my initial deposit of 100$.

The competition settings which are not these, use MM of 0.4 risk and S3 aggressive on.
I don't recommand the competition settings, as the S3 stategy in agggrssive mode, seems to go mainly loss money except in the last 3 months.

I don't trust too much that EA as the backtest are not very good (Profit start just at the beginning of competition, hazard ???)... And the marketing is ugly ! But I would let it a chance.
This is why I put a small amount of my on FxChoice on which I've already have others account.

For comment on the first trade, That's a luck as the EURUSD was incresing a lot the EA using trailing, so the SL raised 4 times, and it finally exit on that. I think the EA works better on a non ECN account.
I've used the EA, again on FXChoice, on my main ECN account it's seems to not be as profitable (3 trades, 1 loss, 1 profit (small) and 1 zero)
Member Since Aug 22, 2009   390 posts
Oct 23, 2013 at 14:36 (edited Oct 23, 2013 at 14:38)
FXdome posted:
youngchang,

I am running on fxdd classic standard account and my trade also got out 10 pip less at the price you have. I was watching the trade and it got stop out from the trailing stop at 1.37666. If investa is running on fxchoicie and he did not get hit on the trailing ( maybe it did not put on a trailing on his account from his EA ) even his broker has a wider spread on the pair. What do you think ? It doesnt seem right[/quote

Maybe he has narrower spread than ours so it did not hit the trailing stop.
youngchang@
Member Since Jan 05, 2011   128 posts
Oct 23, 2013 at 18:29
I dont think he has a narrower spread as fxchoice are known for wider spreads on all their pairs. Not sure what the problem is. I hope we are buying the same EA the winner is using as many vendor out there would sell a completely different ea to the public if the real EA works well so to keep it from destroying the profitablity of the real EA.
Live Freely
Member Since Sep 27, 2013   5 posts
Oct 23, 2013 at 18:30
this morning I switched the aggressive mode to true and minimize the risk level to 0.03 so at 5 o'clock this afternoon exactly with the open of a new candle it executed a trade. it opened a long position at 1.37817 with a stop loss at 1.37598 and take profit at 1.38217. It didn't hit stop loss for 2 pips as the price went down to 1.3761 and I closed the trade manually at 4 pips profit.
now I just switched the aggressive mode back to false again and I will see when it will execute a trade again.
Member Since Aug 22, 2009   390 posts
Oct 24, 2013 at 05:47
One more trade today and ended up with target 5.3 pips profits
youngchang@
Member Since Sep 27, 2013   5 posts
Oct 24, 2013 at 07:06
with the aggressive mode to false the EA executed another trade at 1.37768 with 20 pips stop loss and take profit at 1.38818, just 5 pips. the trade was executed at 23.30 that is GMT +3.
Member Since Sep 27, 2013   5 posts
Oct 24, 2013 at 07:10
mine too
Member Since Oct 15, 2013   18 posts
Oct 24, 2013 at 08:26
I don't have any trade on my account yesterday, really strange...
For it's definitly a proof that this EA is really dependant to the broker.

I would really like to test it on a different Broker... Let me think about that.
Member Since Oct 23, 2013   13 posts
Oct 24, 2013 at 21:15
I run on ECN live fxchoice

risk=2
set3=aggressive

https://www.myfxbook.com/members/juanche/focus/731475

the ea. make a breakeven very fast
also make a trailing stop
and the tp is variable

Member Since Mar 18, 2013   19 posts
Oct 28, 2013 at 07:34
@investea, why no other trade until today? already 6 days of no trade
Supply More Love Than Demand For Love
Member Since Oct 15, 2013   18 posts
Oct 28, 2013 at 09:00
Why ? Don't know, I'm not the guy who build the EA...
I'm just putting it here for information...

I'll probably ask FX Choice to convert the classic account to ECN as it seems to better according to ForexSensation...
Member Since Sep 27, 2013   5 posts
Oct 28, 2013 at 20:37
Last week I bought the forex forex sensation extension. No trades until now. I also received an email from forex sensation that was saying that the Ea executes more trades on an ECN account, and they told me that it would be a good idea to open an account with their recommended brokers. Well I opened a demo ECN account with FxPro but it was not possible to install the EA on the demo account.
I am wandering why forex sensations installation guide comes with instructions of how to attach their EA on an MT4 platform and not on an ECN account?? Just wondering.

By the way this afternoon again at 5.00 the EA opened a short position on EURUSD which I closed in profit manually.
 
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