ResonanceTraderFX_2 (By BESTFXAutomation)
The user has deleted this system.
ResonanceTraderFX_2 Discussion
Jan 25, 2011 at 16:13
792 Views
6 Replies
Member Since Oct 05, 2009
10 posts
Jan 28, 2011 at 15:40
Automated system utilizing Technical triggers and Economic Event analysis and avoidance for trade selections. RISK_LEVEL = 1. (Lowest) Neural network optimizations are performed weekly. Margin consideration for trades is usually internally calculated as if the account has 100:1 leverage. If your account has lower leverage, ResonanceTraderFX will use the lower leverage to make trade size calculations, as in this case where the account leverage is 50:1
Trades are not updated every couple of days to a week.
Trades are not updated every couple of days to a week.
Member Since Jul 19, 2010
18 posts
Mar 12, 2011 at 06:50
Hi,
will you update it any time? The last update was at 22th febr, 18 days ago. Something went wrong?
Thanks,
Csaba
will you update it any time? The last update was at 22th febr, 18 days ago. Something went wrong?
Thanks,
Csaba
seges81@
Member Since Oct 05, 2009
10 posts
Mar 12, 2011 at 14:25
We discovered a problem with trailing stops on 5 digit brokers.
For some reason our payment processor which hosts the files, can no longer receive file uploads. We had to email the updated files to them and we have been waiting a) for a response, and b) for our payment processor to provide the updated files to our customers.
We will update the results when our clients can use the corrected version.
For some reason our payment processor which hosts the files, can no longer receive file uploads. We had to email the updated files to them and we have been waiting a) for a response, and b) for our payment processor to provide the updated files to our customers.
We will update the results when our clients can use the corrected version.
Member Since Oct 05, 2009
10 posts
Mar 26, 2011 at 13:51
We have finally corrected the situation with our payment processor.
We have unfortunately uncovered several platform issues with this broker (OANDA) They are usually a good broker, however the MT4 platform has lost connection with their main server at least once a day, and from the MT4 logs we have also seen it unavailable for up to 10 minutes at a time. This has an unfortunate side effect where trades could be left open while they are closed during that time at our other brokers.
What is interesting to note that is in our logs on the server, our other brokers do not lose connection at those times, ruling out an internet connection problem.
We have unfortunately uncovered several platform issues with this broker (OANDA) They are usually a good broker, however the MT4 platform has lost connection with their main server at least once a day, and from the MT4 logs we have also seen it unavailable for up to 10 minutes at a time. This has an unfortunate side effect where trades could be left open while they are closed during that time at our other brokers.
What is interesting to note that is in our logs on the server, our other brokers do not lose connection at those times, ruling out an internet connection problem.
Member Since Jan 29, 2011
56 posts
Apr 03, 2011 at 18:09
the robot take profit only below 10 pips?loss more than 60 pips in one trade..its a bad bot...
Member Since Oct 05, 2009
10 posts
Apr 03, 2011 at 19:41
(edited Apr 03, 2011 at 19:45)
@ budakgetah86
Yes, the profits are usually held for 7-15 pips. Longer if the trend is stronger.
Also, had you bothered to read, you would see that the trades were being closed early due to a trailing stop problem, giving an average 4.55 pip win and an average -10.44 pip loss.
As well, please look at the Risk Of Ruin Tab. The risk of losing 100% of the account is less than 0.01% The risk of losing 10% is less than 0.01%
This was with the described, and now remedied problem above.
Kind Regards,
-BESTForexAutomation
Yes, the profits are usually held for 7-15 pips. Longer if the trend is stronger.
Also, had you bothered to read, you would see that the trades were being closed early due to a trailing stop problem, giving an average 4.55 pip win and an average -10.44 pip loss.
As well, please look at the Risk Of Ruin Tab. The risk of losing 100% of the account is less than 0.01% The risk of losing 10% is less than 0.01%
This was with the described, and now remedied problem above.
Kind Regards,
-BESTForexAutomation
Member Since Oct 05, 2009
10 posts
Apr 06, 2011 at 19:00
(edited Apr 06, 2011 at 19:07)
We have decided to continue using the robot with this account despite the resolved problems described above which are now permanently reflected in this account's trading history.
Hopefully the OANDA server will remain reliable as the situation with the disconnects seems to have been resolved.
Unfortunately the balance as stated is incorrect. Only 5000 was deposited into the account. OANDA's back end seems to do some strange stuff when updating the trades.
Hopefully the OANDA server will remain reliable as the situation with the disconnects seems to have been resolved.
Unfortunately the balance as stated is incorrect. Only 5000 was deposited into the account. OANDA's back end seems to do some strange stuff when updating the trades.
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
