Posts by kobebeef
Previous 1 2 3 4 5 .. 11 Next
[quote]willgart posted: here the formulas used by MT4 for the back test results... http://articles.mql4.com/127 as you can see nowhere the floating DD is used! only the balance is used calculated against closed trades only. so you can have a move of 1 000pips against you, the trade is closed at +10pips... no DD, you are positive. conclusion... set the risk to the minimum possible and target a small 5% per month. wait and see how the DD is using the hourly DD calculated by fxblue (instead of myfxbook).[/quote] Agree. When I back test an EA, it reported Max DD of USD 500, but when forward te......
I dun think there will be an update on this account because it will be either wiped off by the surge on GBP or IBFX will be closing all open positions before moving the account to FXCM. Guess we will have to write off the losses and the cost of the EA.
[quote]gftcfd posted: [quote]kobebeef posted: This morning the EA closed all open positions on EURGBP causing a loss over USD1,600. Totally different from his account. [mad][/quote] @kobebeef The risk percent of Bluemonkey live test is quite high, your EA may close all trades, but Bluemonkey possibly keep holding all opening positions. And Bluemonkey live test in myfxbook update once a day.[/quote] I have no other EA running on this account. My only EA is Bluemonkey and it closed all open positions resulting in a huge loss in my account. There is no other reason for the EA (BlueMonkey) to c......
This morning the EA closed all open positions on EURGBP causing a loss over USD1,600. Totally different from his account. [mad]
Mbelgedes KW4 In Trading Systems Aug 20 at 05:44
Since the author of the EA recommended the broker OctaFX for his EA, I went to check the Client Agreement from this broker. It raised my concern on clause 4.9. With this clause the broker has the right to null all profits earned by the EA. 4.9. In exceptional cases short-term orders lasting less than 180 seconds can be cancelled should they be considered an abuse. Here is the link to the PDF: http://www.octafx.com/company/legal-agreements/ Closer look at the closed trades done by the EA. Most trades closed shorter than 180 seconds, giving room for broker to null these trades, if they wanted......
Mbelgedes KW4 In Trading Systems Jul 10 at 13:25
How does your EA performed on FXOpen? Do you have a demo version for us to test?
ForexSensation In Trading Systems Oct 17 2013 at 18:56
This sure reminded me of Forex World Cup Competition where they combined winning EAs into one EA called Fusion...do you guys still remember? Looks like the same marketing hype being used...as they always said.."history repeats itself"... I also have doubts about the broker used..FX Choice....hmmmm
sPhantom Auto Trader In Trading Systems Jul 25 2013 at 07:42
Thanks Jarora for showing us the proof.
sPhantom Auto Trader In Trading Systems Jul 24 2013 at 09:18
Looking at the trade history, looks like a grid trading with same lot size when the price moved in opposite direction from the initial open trade.
siriusprosystems1 In Trading Systems Jul 21 2013 at 17:18
Ken Grakauskas and JellyBaby, Thanks for your kind input....I was tempted to make the purchase in June, but I've hold back because Open Trades was marked Private and there is no information on PnL of these open trades, so I told myself to consider purchase in Aug. Guess it didn't survive.
4-Week Bill Auction (19 min)
SPDR Oil and Gas Exploration ETF inches ...(7 min ago)
EURUSD 1.27272 GBPUSD 1.61311
USDJPY 106.722 USDCAD 1.12178
FxPro
Tools Community Reviews Platform Company Support
Economic Calendar Community Brokers Widgets About FAQ
Forex Market Systems Expert Advisors Features Blog Help
Forex Volatility Most Popular Systems Signal Providers API Twitter Contact Us
Forex Correlation Strategies VPS Services Mobile Facebook Report A Bug!
Forex Broker Spreads Contests EA Programming Translations    
Forex Broker Quotes Forex Charts PAMM Brokers RSS    
Forex Broker Swaps Community Outlook Rebate Programs      
Streaming Forex News   Trading Platforms      
Forex Broker Volume          
COT Data          
Liquidity          
Forex Calculators New          

Download Myfxbook Android App
Site Map  |   Terms & Conditions  |   Privacy Policy
©2014 Myfxbook Ltd. All Rights Reserved.
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.