FxPapa Expert Advisor (by FxPapa) Quick Stats
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FxPapa Expert Advisor Discussion
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gwrigh

Member Since Jul 30, 2011  72 posts gwrigh Jun 05 2012 at 20:00
Yeah, I thought that looked wrong. I guess the myfxbook Drawdown tab does not work the way I would like it to (which would be to show the maximum floating drawdown each day for all open trades - and per trade would be awesome - like segmented bars). As it stands, I'm not sure what they're showing. I think their equity graphs must be wrong as well.

FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Jun 06 2012 at 01:46

   Zuttasoxx posted:
   Hmm I haven't gotten the trades of june.. So I missed the last 2 trades.. I checked my chart and it has verified so what can it be? ANybody else not receiving the 2 trades?


Hi

Please contact our support.

Regards

http://www.fxpapa.com
FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Jun 06 2012 at 01:48

   gwrigh posted:
   Hi FxPapa,

I think your results are impressive and I am considering joining. I have one question for you first: have you analyzed your floating drawdown for your 1-3 trade baskets? Before your -218 pips loss on May 16, your worst previous drawdown was -124 pips on Feb 7, which came back to profit. But the worst floating DD besides that has been -35 pips on Jan 9. Correct me if I'm wrong - I'm just going off myfxbook data here. Have you considered reducing the -220 collective SL to say -40 pips? If I'm correct, a -40 pip SL would have you at +140 pips compared to now. I think you open up to 3 trades 60 pips apart, right? Maybe those could be closer together and/or reduced to 2 (or just 1). Correct my thinking if I'm missing something here. Great system as is - just wondering if risk management can be improved given the trade history thus far. Thanks.


Hi

Thanks for your suggestion. We try to find the best optimization.


Regards

http://www.fxpapa.com
FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Jun 06 2012 at 01:49

   stpachis posted:
   Has the new Fxpapa update been postponed or it's gonna been released inside June? Thanks


Hi

We are working on it. We want to test it live before publish.


Regards

http://www.fxpapa.com
therebox

Member Since Sep 23, 2011  78 posts therebox Jun 06 2012 at 13:58
Yes, I missed last 2 trades too, both yesterday.

ragency

Member Since Feb 04, 2011  32 posts ragency Jun 12 2012 at 04:50
FxPapa,

While my demo account picked up the EURUSD (+8.8 pips) today, my live account did not.

The EA display messages were correct on both when I checked ...

Do you have any recommendations?


FxPapa

Member Since Nov 26, 2011  136 posts FxPapa (FxPapa) Jun 12 2012 at 06:39

   ragency posted:
   FxPapa,

While my demo account picked up the EURUSD (+8.8 pips) today, my live account did not.

The EA display messages were correct on both when I checked ...

Do you have any recommendations?




Hi

This may happens sometimes. The reason is different between brokers' price and spread.

Regards

http://www.fxpapa.com
LKForex

Member Since Sep 29, 2010  181 posts Dash (LKForex) Jun 12 2012 at 14:33
u need an option for clients to switch off gbpusd trades. gbpusd seems to be your weakest pair, and biggest loss too in pips. can you implement that in your next updated. as well as a safety net SL incase our vps or your server disconnects. it has happened to me before with other EAs and had a margin call before there wasnt any visible stop loss even though there was an internal sl.

Get Rich or Die Trying
therebox

Member Since Sep 23, 2011  78 posts therebox Jun 12 2012 at 15:46
FxPapa and ragency,

In my view, Fxpapa server has a few problems. I'll explain why I think so. I have 2 EAs running in the same broker and same VPS, with different risks, both real accounts. Today 1 account traded twice. The other account trade once. The account that traded once had a trade (risk 25) with 3% profit. The other account (same trade, risk 10) made less than 0.5%. From time to time I see the EA active in one MT and not active in the other MT. So unless a better explanation is presented, the only one I see for this is the problem is in the FxPapa server.

ragency

Member Since Feb 04, 2011  32 posts ragency Jun 12 2012 at 16:19
therebox,

You make a lot of sense ...

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