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FX Cure EA (TEA Free)

ForexCure (ForexCure)
Jun 11 2014 at 12:44
147 posts
Hi Guilherme.

Well, first of all, congratulations on your account more than doubling!

I bet this is the first EA you've run to do this.

Regarding the lot sizes, they will not re-adjust until you restart the EA.

I'll bet you have not closed and restarted the MT4 terminal in quite a while.

-Drew
==================================================

Waant aal, lose aal, man...
Tradydave
Jun 12 2014 at 07:26
62 posts
guisantos23 posted:
Hi Drew.

I have a question.

I have started a CENT account (as you know, the min lot allowed is 0.10) with $16500.

The settings is: Multiplier=1, Risk=2, EquityDivisor=4000000, TP=30.

So according with my calculations, the lots should be increased starting from the equity $22000, as the formula of the manual (LotSize = Account Equity x (10.0 x iRiskLevel) / EquityDivisor) to:

$ 22000 = 1x = 0.11, 3x = 0.33, 6x = 0.66, 9x = 0.99 ...
$ 24000 = 1x = 0.12, 3x = 0.36, 6x = 0.72, 9x = 1.08 ...
$ 26000 = 1x = 0.13, 3x = 0.39, 6x = 0.78, 9x = 1.17 ...
$ 28000 = 1x = 0.14, 3x = 0.42, 6x = 0.84, 9x = 1.26 ...

But my account is already with equity of $ 32,500 and the orders continue with same lots sizes - 1x = 0.10, 3x = 0.30, 6x = 0.60, 9x = 0.90...

I am doing something wrong? What you think?

Regards,

Guilherme


Hey Guilherme,

Congrats !!! I believe you're the first live doubled account amongst us !

I have only been doing demos so far and my fear is that Live is different than account in the way brokers feed ticks on the chart (= market doesn't move the same way).

Do you mind putting a link to a myfxbook analytics for that account ?
If not, can you tell us Broker, start date, pair chosen ?

Thanks Guilherme,

Dave

chan77
Jul 19 2014 at 19:00
51 posts
Hi Everyone,

Below from Drew.

Greg

Hi Drew,

How is the test coming? When do you plan on releasing it to the rest of the team?

Greg
 
Hi Greg. Two more weeks of testing - it will come out to you folks on August 2.

Apparently the 600pips stoploss feature was removed this version - not that it
matters when you have TONs of Equity, because eventaully all orders close!

I am working with Andri on the release v1.0 which will have a user-adjustable
StopLoss varaible, including NO S/L.

-Drew
PS: Greg, would you be so kind as to upload your question and my answer to
the main Forum page?roll

TomD131
Jul 20 2014 at 06:16
14 posts
Not having any sort of stoploss is suicide. Think back to the Swiss bank intervention

Good broker accepting US customers: Trader's Way
ForexCure (ForexCure)
Jul 20 2014 at 15:35
147 posts
Or the suicidal kamikaze Japanese bank in November 2011 - wiped me out!
-all pairs with JPY in them went +2000pips pretty much unchecked over
some week as their central bank massively devalued the Yen.

-Drew

Waant aal, lose aal, man...
ForexJack
Jul 20 2014 at 23:46
37 posts
Drew,

Since I paid in the past, can I get the current version? I forgot about this, and was reminded when I just added two accounts to MyFXBook.

Jack

guisantos23 (guisantos23)
Jul 25 2014 at 07:52
9 posts
Hi Drew and everyone.

Drew, I'm following your v0.98 demo accounts and worries me to see that EA still opening orders with almost the same time/price, but with different lots sizes.

I'm running a live Cent account (V097, Gain: 187.32% - Max DD: 50.13%) from 16/abril without having closed the MT4 at any time, and this problem did not occur.

The only basket that closed negative (because swap costs) so far is the EURNZD, why stayed open during 42d from the first order (the maximum multiplier until today, 21x). Unfortunately (or fortunately 😄) I could not test the 600pips stoploss in EURNZD for about 10 pips.

I think we have to test two identical demo accounts of the 098 version. One with closing/reopening the MT4 and another without closing. If you want I can do it and put the results here.

Guilherme

ForexCure (ForexCure)
Jul 31 2014 at 12:46
147 posts
Hi Everyone.

There's adelay in the release of V1.0 - it will be v0.99 AFTER another 2 to 3 weeks.

We have discoverd that the EA sometimes launches 2 trades on some pairs that
are only a minute or just several minutes apart, almost at the same price.

So, some more observations have to be made and then modifications have to
be made in the EA. Andri wants me to set some Internal values to hasten the result.

So, bear with me and we'll get this resolved soon...

-Drew
================================================

Waant aal, lose aal, man...
chan77
Aug 01 2014 at 09:56
51 posts
Drew,

If you need help testing send me a copy.

Greg

badzsoxy
Aug 01 2014 at 11:42
30 posts
Tradydave posted:
guisantos23 posted:
Hi Drew.

I have a question.

I have started a CENT account (as you know, the min lot allowed is 0.10) with $16500.

The settings is: Multiplier=1, Risk=2, EquityDivisor=4000000, TP=30.

So according with my calculations, the lots should be increased starting from the equity $22000, as the formula of the manual (LotSize = Account Equity x (10.0 x iRiskLevel) / EquityDivisor) to:

$ 22000 = 1x = 0.11, 3x = 0.33, 6x = 0.66, 9x = 0.99 ...
$ 24000 = 1x = 0.12, 3x = 0.36, 6x = 0.72, 9x = 1.08 ...
$ 26000 = 1x = 0.13, 3x = 0.39, 6x = 0.78, 9x = 1.17 ...
$ 28000 = 1x = 0.14, 3x = 0.42, 6x = 0.84, 9x = 1.26 ...

But my account is already with equity of $ 32,500 and the orders continue with same lots sizes - 1x = 0.10, 3x = 0.30, 6x = 0.60, 9x = 0.90...

I am doing something wrong? What you think?

Regards,

Guilherme


Hey Guilherme,

Congrats !!! I believe you're the first live doubled account amongst us !

I have only been doing demos so far and my fear is that Live is different than account in the way brokers feed ticks on the chart (= market doesn't move the same way).

Do you mind putting a link to a myfxbook analytics for that account ?
If not, can you tell us Broker, start date, pair chosen ?

Thanks Guilherme,

Dave

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