Janus2010 (by Janus) Quick Stats
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Janus2010 Discussion
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Janus

Member Since Mar 05, 2010  22 posts Janus Mar 05 2010 at 08:58
Janus2010 is a smart Martingale system. You don't need to be afraid of Martingale. What is the main reason Martingale EAs finally blow out accounts? The answer is simple - reinvestment and greediness. Follow two simple rules - never reinvest your profit gained by Martingale EA and withdraw it from time to time, thus you can return your initial deposit 4-5 times before the EA will blow out. Janus2010 is for sale, please contact for details.

pc8multifx

Member Since Sep 04, 2009  835 posts pc8multifx (pc8multifx) Mar 05 2010 at 14:01
Why should someone buy your Marty when you predict it will blow out the buyers account some day?????

https://cp.commercialnetworkservices.net/aff.php?aff=623
Janus

Member Since Mar 05, 2010  22 posts Janus Mar 05 2010 at 18:41
I do not predict it will blow out, I warn that this may happen if the user is too greedy and explain how to avoid it. By the way, most of non-marty EAs have the same chances to blow out, haven't they?

I attach herewith a backtest report for 6 months, for this time initial deposit was returned 6 times, if the trader withdraw it every month.

<a href='http://www.myfxbook.com/files/Janus/Strategy_Tester_Janus2010.mht

duzyfx

Member Since Mar 07, 2010  256 posts duzyfx Mar 07 2010 at 17:18
Hi, I'm interested in your EA

Can you answer these questions?

does the EA ever take a loss or does it martingale till blow out ?
what is the next position size after 5.1 lots or how many negative pips can the 10K account survive before it's blown out ?
eg: if some unexpected news comes out and the market goes X pips without looking back ...

I understand the EA is not supposed to be active on major news days like NFP ?

Janus

Member Since Mar 05, 2010  22 posts Janus Mar 08 2010 at 14:49

duzyfx posted:
    Hi, I'm interested in your EA

Can you answer these questions?

does the EA ever take a loss or does it martingale till blow out ?
what is the next position size after 5.1 lots or how many negative pips can the 10K account survive before it's blown out ?
eg: if some unexpected news comes out and the market goes X pips without looking back ...

I understand the EA is not supposed to be active on major news days like NFP ?



1. The EA never takes a loss, the trader has to decide on his own, whether he is willing to wait until market turns to his side, or he wants to reset the trade.
2. With the present settings 5.1 lots is the maximum. It comes from variable MaxOrders. If the trader sets it to more than 5 (not recommended), 6th order may be more than 10 lots (also depends from other variables).
3. With MaxOrders=5 and account of 10K the market may go not more than 100 pips to the 'wrong' side, but settings you can see on monitored account are for initial deposit 25K (or $250 if account type is Cents or Micro). In this case the price may go more than 250 pips against you.
4. The EA works very good on news. The only thing that can blow our the account is a long steady movement without rollbacks.

Janus

Member Since Mar 05, 2010  22 posts Janus Mar 08 2010 at 19:17
I have many questions about price, therefore I state it here. Hope nobody will consider this as spam.

Janus2010 costs $99 only. You can pay to:

1. Liberty Reserve account: U2207998
2. Moneybookers account: expert@forex-genius.com
3. WMZ purse: Z106929422930

In the payment memo please indicate delivery e-mail. EA delivery within one hour after payment made during business hours (09:00 - 17:00 CET), otherwise - at 09:00 CET on the next business day.

pc8multifx

Member Since Sep 04, 2009  835 posts pc8multifx (pc8multifx) Mar 08 2010 at 22:11

Janus posted:
    I do not predict it will blow out, I warn that this may happen if the user is too greedy and explain how to avoid it. By the way, most of non-marty EAs have the same chances to blow out, haven't they?

I attach herewith a backtest report for 6 months, for this time initial deposit was returned 6 times, if the trader withdraw it every month.

<a href='http://www.myfxbook.com/files/Janus/Strategy_Tester_Janus2010.mht

https://cp.commercialnetworkservices.net/aff.php?aff=623
duzyfx

Member Since Mar 07, 2010  256 posts duzyfx Mar 09 2010 at 00:03 (edited Mar 09 2010 at 00:03 )
ok, I analyzed your system's trade history and here are the things I don't like about your strategy:

1) it starts the whole sequence randomly ... right when you turn on the EA ...
you can see that you funded the account at the same time that the EA placed the first sequence ...

2) if the (1) is not bad enough ... you place martingale trades according to a primitive formula ... which doesn't change during market conditions

3) your last trade is always -160 pips from 1st entry ... at that point assuming your lot sequence the account is already
at -4624 and you placed 10.3 standard lots ...

assuming a flat 500:1 account ($200 per standard lot it's already locking $2060 in marigin)

so with your $25000 you have -2060-4624=18316 left for _THE_END_ which at 10.3 lots you'll get in additional ~177 pips (at $103/pip)

so a straight move of 337 pips is _THE_END_

if some newbe runs the EA on a 100:1 account then 10.3 lots will lock $10300 which then the EA makes the collapse after ~257 pips.

and since you've been running on GBPUSD ... just on March 1st there was a move of 360+ that if you got unlucky to start your sequence around the 'launching' price would evaporate the account ...

I think you should work on making this system safer...

Janus

Member Since Mar 05, 2010  22 posts Janus Mar 09 2010 at 07:04
post a full 10 year backtest on a 2500 $ acc. w/o blow out the acc. and you'll get more buyers than u need...grin

Would this EA run for 10 years its cost should be not $99 but at least $9999, don't you agree?

pc8multifx

Member Since Sep 04, 2009  835 posts pc8multifx (pc8multifx) Mar 09 2010 at 12:43
This pm sent me this gentleman:

Your EA and mine Between You and Janus
  
 Janus 4 hours ago

Come on... You put a bucket of shit on my EA, but what do you offer? Your starting balance is 200K, you closed even trades history, where is 10 years backtest? If you are selling the same shit as the others, why do you make dirty moves? Do you want I spill the shit on your EA?

https://cp.commercialnetworkservices.net/aff.php?aff=623
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