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Robin J.S. Discussion
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Member Since Oct 01, 2010 5 posts
feeaga
Jul 08 2012 at 22:19
Congrats. Nice system, looks promising.
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Member Since Oct 01, 2010 5 posts
feeaga
Jul 08 2012 at 22:25
I was reviewing some of your previous trades and I see that the system does not use FIFO. Is there a setting to make your system FIFO compliant for U.S. residents? Thanks in advance.
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Member Since May 10, 2011 7 posts
fmonera
Jul 08 2012 at 23:37
Yes. You have to set fifo=true.
There is no difference in profitability, so probably I will set fifo=true by default and remove the option in future versions. |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Jul 09 2012 at 09:26
the first signal looks identical to Forex Growth bot.
Here is FGB first trade  then Robin's  Attachments:
One Pip At A Time: Pipinvestment |
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Member Since May 10, 2011 7 posts
fmonera
Jul 09 2012 at 09:43
Here you have some differences and similarities with Growth Bot:
1) I tried to program the first strategy as similar as possible although there are some differences: - Long period over 100 works in Robin VOL and in fact here are nice settings such as the one I posted on M5 with this value around 200. - When the short period is different than 5, Robin VOL is much better, not sure why. Maybe there is a bug in their side but I don't know it. 2) We have a second complementary strategy 3) We have good position sizing (%risk, %risk adjusted to recent range and fixed), with no double sized lots and so on. 4) We can restart the terminal with opened trades (even update to a new version of the EA) 5) Trade management is different I suppose, although there are not much ways to implement a net-position algorithm. 6) It can work on different charts and pairs at the same time without one instance opening trades on other instances. 7) You can backtest it on your live account without the EA opening live trades 8 ) Server side Stop Loss and Take Profit without affecting profitability 9) UI showing tp, sl, opened positions, basket results, ... 10) Limit the EA to a portion of the complete balance 11) Can close trades on weekends 12) Different licensing model (we allow unlimited demo and real accounts but fixed to a single machine) 13) support 14) We don't have early exit (exiting immediately in next two bars if things seems wrong) as I think this is just curve-fitting 15) Our timed exit is based on bars and not on time, so it can be adapted to any timeframe. It can be configured. ... There are more and there will be more. I have two more volatility formulas that are profitable and will be included in future versions. Walk forward too... |
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Member Since Jan 31, 2011 682 posts
Antny (fughe)
Jul 10 2012 at 19:23
Thanks for the explanation and honesty. Most developers would have denied it outright. Instead, you chose to be up front and let everyone know that it is the same concept with a completely different method backing it up. Nothing wrong with that at all.
Make losses, but always come out a winner at the end. |
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Member Since Mar 28, 2011 1008 posts
ForexScam
Jul 16 2012 at 16:47
fmonera posted: Here you have some differences and similarities with Growth Bot: 1) I tried to program the first strategy as similar as possible although there are some differences: Similar or identical? Forex Growth Bot  RObin  Attachments:
One Pip At A Time: Pipinvestment |
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Member Since May 10, 2011 7 posts
fmonera
Jul 16 2012 at 21:57
As I said, I tried to program the first strategy as similar as possible, but there are differences stated above.
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Member Since May 10, 2010 265 posts
ForexPro
Jul 16 2012 at 22:41
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Member Since Jan 31, 2011 682 posts
Antny (fughe)
Jul 17 2012 at 04:44
Regardless of whether or not the same theory is used, it is a different system. The trades are not identical. Close...yeah. So what. I Mr. Morrison doesn't have issues with it, then it is legitimate. Everything that can be used has been used. The only thing left is to use it in a different way.
Make losses, but always come out a winner at the end. |
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