Posts by kobebeef
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[quote]BluePanther posted: [quote]vladrac posted: Like I said bf this is a great strategy that needed a few minor tweaks, now, how much you risk is up to you in the end. This is not hardcoded by the EA.[/quote] ...or it was the settings I used. Either way (broker or settings), the performance sucked for me: over 13 sizeable losses in a row - I couldn't continue such a strategy! The winners need to share their secret [wink][/quote] Matt, you could enter the number of orders to open per currency pair in the MaxOpenOrders. Default is 3, I set it to 1 because my account small.
[quote]willgart posted: here the formulas used by MT4 for the back test results... 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: 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 you guys still remember? Looks like the same marketing hype being 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.
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