Posts by Wallace
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WFL031 (Real 1) In Trading Systems Jun 13 2011 at 01:06
Thanks for the responses. We have implemented a hedging strategy in order to reduce the DD. I still believe that with the current setting, the system is still be able to survive in most of the market situation. At least, it has proved it in the last year though need to sustain a significant DD some times. Let's see how it performs this year.... Thanks for the replies anyway [smiley] Cheers, Wallace
WFL031 (Real 1) In Trading Systems Jun 12 2011 at 15:41
Dear traders, We almost running the real test for one year now and the result is satisfactory. If you are interested to trade with this EA, please register and reserve a license at: http://www.taijiea.com Cheers, Wallace
WFL031 (Real 1) In Trading Systems Jun 05 2011 at 15:43
We almost recover 70% of capital now....
WFL031 (Real 1) In Trading Systems May 24 2011 at 09:58
Hi ForexCrazy, We indeed intend to sell license of this system in order to raise more funding to trade with it. We have not worked out the details and pricing yet. If you would like to reserve a license, please leave us your contact at: http;//taiji.wallaceforexlab.com Cheers, Wallace
WFL031 (Real 1) In Trading Systems May 23 2011 at 13:08
Dear all, Once again, the system proved itself the ability to survive during adverse market situation. We have further improved the performance by using a the better hedging setting. Any traders who are interested to trade with this system, please leave a contact at: http://taiji.wallaceforexlab.com Cheers, Wallace
WFL031 (Real 1) In Trading Systems May 17 2011 at 09:40
Hi eaexpert888, I come from Hong Kong. I am not a full time trader yet but is working in the Finance Office of a local University. I also partner with a number of overseas programmers and traders in testing and developing of different kind of autotrade systems. Nice to meet you! Kind regards, Wallace
[quote]t1fx posted: Hi there, unmanaged martingale is certainly a time bomb waiting to explode. however, the good side of martingale could be exploided with caution. In my humble opinion, to use martingale successfully, we must first know how to trade, then we shall use martingale as semi manual trading mode. Never let martingale handle the trade fully and pray for it to pass. I use martingale for years in trading live, imposing a feasible % gain (15% - 25% a month) and take over manually if margin hit certain threshold (-5%-10%) will certain prevent the account from overtrade......
WFL031 (Real 1) In Trading Systems May 03 2011 at 01:04
Hi Solar, Thanks for your comments. The EA has its own logic to adjust the TP and SL level. In my humble opinion, EAs with all types of strategy (including martingale) has its own risk and potential. I believe that no single system is perfect. Therefore, we should find a combination of systems (instead a single system) with different strategies to form a portfolio for generating consistent profit. This EA uses a combination of grid trading and money management strategy to generate profit. I am not saying that it is perfect and will be profitable forever (I think no people can give su......
WFL031 (Real 1) In Trading Systems May 01 2011 at 16:06
Hi Fx Traders, You may register and reserve license of this EA at: http://taiji.wallaceforexlab.com Best regards, Wallace Wallace Forex Laboratory We conduct research and testing on profitable forex autotrade system http://www.wallaceforexlab.com
WFL031bR In Trading Systems Dec 12 2010 at 22:58
A new account set up for the system WFL031 with more aggressive setting. We target to improve the monthly ROI from 6-8%/month to 10-15%/month. Please ignore the trading history before 22 Nov 2010 as they were related to the real test of another system. Regards, Wallace
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