Share Multiple EA Combined (by Phoenix48) Quick Stats
The user has made his system private.
Multiple EA Combined Discussion
| Subscribe to this topic | Previous 1 2 3 4 5 .. 7 Next |
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 11 2009 at 03:44
List of EA now in use:
- MegaDroid v1.11 - Megadroid Pro v1.01ee - FapTurbo48 build 225 - Volatility Scalp Eurocross D05 non-FFCal - Your Lucky EURGBP v2d spread 4 - DragonPips v070109 - Stomper EURGBP - FedoraFX - Forex Auto Trader v1.3.3 - Forex Hitter v1.1.1 - IvyBot v4.9 - Euro-Blaster v3 - Robominer II v2.17 - Naminori Bill Final v9 - Forex Accumulator II - Forex Shocker v1.1 Knowledge is power. |
|
|
Member Since Aug 31, 2009 131 posts
Fulltime247
Sep 11 2009 at 03:52
OMG! This is Hilarious!! <img src='
 ' alt=' '/> - NOW I wish you could see a breakout by EA. Are you able to do a analysis by EA?
It ain't easy being Cheesy! |
|
|
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 11 2009 at 05:00
First of all, one precision: My account is in cents. Yes, in cents, because i was not crazy enough to test so much numerous EA with a true 10 000$ account.
Instead, in this account: 10 000$ in the account = 100$ in reality and 1000$ = 10$, etc. But the spread signal and everything is the same as a standard account so it is real good for live account testing. Now to answer your question: Yes it is possible but you must follow them closely to see what each is doing and also what what they do as a whole. As you can see in the graphs, i had some loses at the beginning because i was testing lots of EA and eventually, lots of them, i had to flush them out. (Those i flushed are not in the list) To be honest, at first, i had only 1 or 2, but i was a little greedy and wanted a way to get more, more rapidly... so after thinking about it, i realized that there was only 3 choices: 1- To increase the risk % in the money management of some few EA i had or... 2- To get more EA with each the same low % risk. 3- Open multiple account with a mess of multiple MT4 open everywhere. I chose 2 because the secret in any investment is DDD 'DIVERSIFY, DIVERSIFY and... DIVERSIFY' so i only had to find more profitable EA that DON'T do the same as the others. And put them together to see how it goes. By the way all my EA are set to 3% risk. But i admit they don't all calculate the 3% in the same way. Programmer's choice, i guess... I didn't chose 1 because, obviously, too much risk depends on too few EA and that is too dangerous in the long run. I didn't chose 3 because, beside the mess of MT4 open everywhere, the power of a good big free margin in an account is PRICELESS. And how to get the best margin possible? By putting all your money in the same account. As an example, in that account i can trade a min of 0.1 lot with 10 000$ free margin for my 100$, nearly everywhere else i would have had only 0.01 lot for 100$ free margin for my 100$. Now what is the best?<img src=' ' alt=''/> And once i found what EA works and what don't then by looking at the balance graph you can see that now i am in profit. In fact, i am even more in profit than it appears. Why? Because i receive a rebate of 0.5 pips for each trades that close with +/- 4 pips and those rebate are deposited directly in my account each month so in the stats they appear as 'Deposit' when in truth, they should be considered 'Profit'. So the more EA i have, the more trade i do, the more rebate i receive and the more profit i have. <img src=' ' alt=''/>And YES, you are right !!! I would love that an option would be added in the stats to allow me and anyone else to sort out the stats by different EA on the same account. Maybe by using the magic numbers or simply the comments in the history... That would be useful and far simpler for me to follow each of them. <img src=' ' alt=''/>Knowledge is power. |
|
|
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 14 2009 at 19:54
Update:
Added: - Fractals 4 build 909 List of EA now in use: - MegaDroid v1.11 - Megadroid Pro v1.01ee - FapTurbo48 build 225 - Volatility Scalp Eurocross D05 non-FFCal - Your Lucky EURGBP v2d spread 4 - DragonPips v070109 - Stomper EURGBP - FedoraFX - Forex Auto Trader v1.3.3 - Forex Hitter v1.1.1 - IvyBot v4.9 - Euro-Blaster v3 - Robominer II v2.17 - Naminori Bill Final v9 - Forex Accumulator II - Forex Shocker v1.1 - Fractals 4 build 909 Knowledge is power. |
|
|
Member Since Aug 06, 2009 396 posts
bizWiz
Sep 14 2009 at 20:45
So how do you measure success rates of each ea currently?
Why not use just one on each account? Sleep is for the weak. |
|
|
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 14 2009 at 23:51
biz0101 posted: So how do you measure success rates of each ea currently? Why not use just one on each account? I follow very closely each trade made by each ea so i can know if one is profitable in the long run or not. It's easy if you think about it: Each ea write his own comment for each trade so i always know which ea made which trade. Starting from that, all i have to do is keep track of each of them to see if it have some potential or not. As an example: If i see that the trades done with the comment 'xyz' are nearly alway losing trades, then i will flush the ea 'xyz'. If i am not sure for a ea because it's not always obvious, then i can always calculate manually the trades of an ea to know if it deserve the chance to keep running or not. As to why i don't just use one account for each ea, there are 2 reasons: 1- I REALLY don't want to have to follow a whole bunch of MT4 platform opened everywhere. For that, it's just a personal choice, i guess... 2- This one is the most important: Because of free margin. That enable me to test some ea that are not usable (at least at reasonable risk) on low margin because they would blow out the account. But with a high free margin i can test those that, instead of blowing the account, suddenly become very profitable in the long run. This apply usually for the most part for those ea that use grid trading as strategy. Those usually require more than 10 000$/ea as free margin to work efficiently even if people who sell those always tell that it requires much less (they say usually 2000$-3000$). Never believe them to run an ea in the long term, it's far too dangerous! In fact, i even saw some ea that i would never trade under a free margin of at least 100 000$. Hope that answer your questions properly.<img src='  ' alt=' '/>
Knowledge is power. |
|
|
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 18 2009 at 00:38
Update:
Added: - DragonPips Xtreme Edition Removed: - Forex Hitter v1.1.1 List of EA now in use: - DragonPips v070109 - DragonPips Xtreme Edition - Euro-Blaster v3 - FapTurbo48 build 225 - FedoraFX - Forex Accumulator II - Forex Auto Trader v1.3.3 - Forex Shocker v1.1 - Fractals 4 build 909 - IvyBot v4.9 - MegaDroid v1.11 - Megadroid Pro v1.01ee - Naminori Bill Final v9 - Robominer II v2.17 - Stomper EURGBP - Volatility Scalp Eurocross D05 non-FFCal - Your Lucky EURGBP v2d spread 4 Knowledge is power. |
|
|
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 18 2009 at 01:28
Update:
Removed: - Forex Auto Trader v1.3.3 List of EA now in use: - DragonPips v070109 - DragonPips Xtreme Edition - Euro-Blaster v3 - FapTurbo48 build 225 - FedoraFX - Forex Accumulator II - Forex Shocker v1.1 - Fractals 4 build 909 - IvyBot v4.9 - MegaDroid v1.11 - Megadroid Pro v1.01ee - Naminori Bill Final v9 - Robominer II v2.17 - Stomper EURGBP - Volatility Scalp Eurocross D05 non-FFCal - Your Lucky EURGBP v2d spread 4 Knowledge is power. |
|
|
|
Member Since Sep 10, 2009 48 posts
Phoenix48
Sep 21 2009 at 05:15
Update:
MegaDroid v1.11 updated to MegaDroid v1.20 List of EA now in use: - DragonPips v070109 - DragonPips Xtreme Edition - Euro-Blaster v3 - FapTurbo48 build 225 - FedoraFX - Forex Accumulator II - Forex Shocker v1.1 - Fractals 4 build 909 - IvyBot v4.9 - MegaDroid v1.20 - Megadroid Pro v1.01ee - Naminori Bill Final v9 - Robominer II v2.17 - Stomper EURGBP - Volatility Scalp Eurocross D05 non-FFCal - Your Lucky EURGBP v2d spread 4 Knowledge is power. |
|
|
Member Since Aug 26, 2009 10 posts
4X User (dmoser71)
Sep 22 2009 at 02:57
Just a suggestion to go and purchase the Advanced Droid Tactics eBook to get more money out of Megadroid. The only potential downside is that if you are running MD 1.20, then the ADT setups may not work. Check out this site: http://www.droidtactics.com/
I think his strategy works best on brokers that don't care about FIFO or Hedging. Also, I have already tried and returned the IVYBot and recommend you do the same... it is over optmized/curve fitted. Best wishes for profit! |
| Subscribe to this topic | Previous 1 2 3 4 5 .. 7 Next |
