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Are there any Real EAs that actually produce profits on Live accounts???

Adrian Matusiak (adrian8891)
Apr 17 2014 at 07:37
696 posts
Master_Kiwa posted:
 I would be very careful with Adrian's systems. Although he does have god % change, the reality is his drawdown is very very high for an automated system. His drawdown is as high as a typical trader who doesn't use a fully automated system.


Thats not true. As You can see, this 'high' drawdown was generated in few days after system starts. Why? Because I decided to start EA on quite high risk at low money. Obviously this brang a boost for account and at this moment biggest drawdown is in around 15-26%.

PAMM MANAGER // Professional Fund Manager
Master_Kiwa
Apr 17 2014 at 11:51
402 posts
15-26% drawdown is still very high. I have also taken the time to look at your trades. Your risk per trade isn't as high as many traders. You just tend to give and allow the losing positions to run longer which turns into a high drawdown at the end of the day.

Focus on pip-drawdown
Master_Kiwa
Apr 17 2014 at 11:58
402 posts
In a few I will take the time to breakdown your trades (both winners and losers) by posting them here. You will notice that even your winners for your latest system '3ways - low risk' has a very very very high 'pip-drawdown' you close your position for profit, but you spent most of your time in RED. On avg 130 points on most positions which you ended up profiting .2% Your trades lack accuracy. Which is why you end up with such a high PIP-DRAWDOWN, but a small DRAWDOWN % because your risking very small lots. Which is why I say that DRAWDOWN % is a highly over-rated stat. Most important is how many pips you are giving to the market, as that is a reflection of your ability to make proper adjustments once the trades go wrong. I don't think anyone here would be ok with giving 130 pips to the market, only to make 5-10 pips at the end of the trade.

Focus on pip-drawdown
Adrian Matusiak (adrian8891)
Apr 17 2014 at 12:08
696 posts
I guess You're wrong.

5-10 pips of profit is caused by trailing stop that activates after some period of time.

Beside, I have carefully tested every of my EAs and I'm sure that they will not fail. Robots have been running from long time ago (outside of myfxbook) and they are working now as You can see. AmaxPRO has passed new records today, so no point to don't trust it.

I think that You are just jelaus a bit ;)

Best regards,
Adrian

PAMM MANAGER // Professional Fund Manager
Master_Kiwa
Apr 17 2014 at 15:18
402 posts
adrian8891 posted:
I guess You're wrong.

5-10 pips of profit is caused by trailing stop that activates after some period of time.

Beside, I have carefully tested every of my EAs and I'm sure that they will not fail. Robots have been running from long time ago (outside of myfxbook) and they are working now as You can see. AmaxPRO has passed new records today, so no point to don't trust it.

I think that You are just jelaus a bit ;)

Best regards,
Adrian


 So what your telling me is that your 'take profit' of 5-10 pips is activated after 'some time'. So you ignore the fact that you are losing 150 pips at any giving time in which after a 'Certain time' your TAKE PROFIT gets activated. That is a crock of Sh!t my friend. Why on earth would anyone want to ever go in red 150 pips (more then any one given currencies weekly range) before you take 5-10 pips profit.

Focus on pip-drawdown
Master_Kiwa
Apr 17 2014 at 15:35
402 posts
Here is a perfect example...



 This is a snapshot of your '3-way low risk system'. The box which is highlighted is of your highest % change which was 2%. Look at your PIP-DRAWDOWN.... Your pip draw down reveals the highest amount of pips you were in RED before you closed the position for either a loss/draw/win. Now have a look at your R:R. Your reward is a fraction of what you actually gained as profit. You had a 3% accuracy on your entry. Which means your system isn't accurate at all. Almost all of your trades are like that. You give the market 100 pips in red before you even make 1 pip profit! That says a lot about your actually system. So as you can see jealously has nothing to do with it. The beauty of myfxbook is that we can breakout down many aspects of a persons trades. In your case you place many small orders, which end up in profit hours later, but you spend most of your time in red. That isn't efficient money management.

Attachments:


Focus on pip-drawdown
Adrian Matusiak (adrian8891)
Apr 17 2014 at 16:02
696 posts
Actually, You choose most bad transaction. Why cannot You hold 130 pips? Because You trade on 50% money arrange? Beside, this pip-drawdown has nothing to me, becasue robot already traded few more transactions to cover losses. And as EA is named '3ways' it do it in 3 kind of ways. If You would analyze every of my '3ways' robots, then You might know how exactly EA work. But now I can see that You only pick 1 transaction and write me about some '1 pip profit'. Lot to describe to You, and my time is very valuable. I wish You lot of luck on Forex.

Beside, I see that Your EA is doing great !! 85% drawdown and -6598pips! Looks like martingale! Great way of trade, till big wave will come ;)

PAMM MANAGER // Professional Fund Manager
Master_Kiwa
Apr 17 2014 at 16:05
402 posts
Here is an example of a well opened position by an EA....

 Do you see how low the pip-drawdown is? That occurs when your EA is able to calculate the 'sweetspot' of a reversal on a lower tf. Yes the position was only opened for 6 mins, but if you gain 7 pips before you lose more then 1, that is a very very very accurate entry. I am not trying to bash you by any mean of the imagination. I'm simply stating that your EA isn't accurate at all. In
fact your EA is taking trades based on 'support and resistance' You take a short because the price has hit a support, and once that support is breached you hold it, and wait for the price to come back to you, in which point you take your 3-10 pip profit! From the start I am pretty sure your initial TP wasn't 3-10 pips, but after being in red for so many pips, you would be happy to break even. Which is why you take such small TP.

Attachments:


Focus on pip-drawdown
Adrian Matusiak (adrian8891)
Apr 17 2014 at 16:13
696 posts
Great transaction! Full 4.4 pips !!

Sorry, I'm not looking for short transaction at all.

Nextly. You opinion of 'your EA is taking trades based on 'support and resistance' You take a short because the price has hit a support, and once that support is breached you hold it' is bad.

This is my robot, and there is no 'you would be happy to break even', because robot has strict rules and it is holding to it bringing profit.


Now, take a look:











Attachments:


PAMM MANAGER // Professional Fund Manager
Master_Kiwa
Apr 17 2014 at 16:13
402 posts
adrian8891 posted:
Actually, You choose most bad transaction. Why cannot You hold 130 pips? Because You trade on 50% money arrange? Beside, this pip-drawdown has nothing to me, becasue robot already traded few more transactions to cover losses. And as EA is named '3ways' it do it in 3 kind of ways. If You would analyze every of my '3ways' robots, then You might know how exactly EA work. But now I can see that You only pick 1 transaction and write me about some '1 pip profit'. Lot to describe to You, and my time is very valuable. I wish You lot of luck on Forex.

Beside, I see that Your EA is doing great !! 85% drawdown and -6598pips! Looks like martingale! Great way of trade, till big wave will come ;)


 Wrong again. Almost all of your transactions are that way. On the same system your two positions which you closed for a loss also have the same HIGH-PIPDRAWDOWN! You are simply wagering on support and resistance and letting it run! Now lets talk about the 85% drawdown and -6598 pips. Within that account martingale is used. Yet the % change does reveal that that form of wagering does work, depending on the system which is used. We trade fibs, pivots, engulf patterns, just to name a few. Yet this conversation is directed at you. Your making it seem as if this system your using is some sort of holy grail! If it was you would never end up in red for so many pips only to close for 5-10 pip profit. Not to mention if it was that good, you wouldn't be using such small equity.

Focus on pip-drawdown
Adrian Matusiak (adrian8891)
Apr 17 2014 at 16:15
696 posts
I'm just simply not agree with You. I'm not even looking for any support and resistance and, as You can see on my previous post I'm not looking for 5-10 pips profit. I'm not a scalper.

Period.

PAMM MANAGER // Professional Fund Manager
Master_Kiwa
Apr 17 2014 at 16:18
402 posts
adrian8891 posted:
Great transaction! Full 4.4 pips !!

Sorry, I'm not looking for short transaction at all.

Nextly. You opinion of 'your EA is taking trades based on 'support and resistance' You take a short because the price has hit a support, and once that support is breached you hold it' is bad.

This is my robot, and there is no 'you would be happy to break even', because robot has strict rules and it is holding to it bringing profit.


Now, take a look:












 Thank you so much for posting those three trades. That actually proves my point. On those trades of your mickey mouse system look at how low your pip draw down is! Your entry on those trades were good, which is why you took higher pip profit, had you went in red right away you would of continued to hold on to it, and then close it for 3 pip profit once you hit break even. For example your second trade in which you had a 0.0 pip draw down you were stuck in accumulation and caught flare in which your took profit! If we took the avg amount of pip draw down which you have you would be in red well over 100 pips! I don't think myfxbook will allow me to upload more then 55 snapshots which is the amount of trades which you have closed in profit which you were in red for more then 100 pips!

Focus on pip-drawdown
Master_Kiwa
Apr 17 2014 at 16:20
402 posts
adrian8891 posted:
I'm just simply not agree with You. I'm not even looking for any support and resistance and, as You can see on my previous post I'm not looking for 5-10 pips profit. I'm not a scalper.

Period.


 Well you would of fooled me with your comment. Scalpers typically take very small profit. Which is what your doing. Your closing positions for 10 pip profits old chap. That is what scalpers do. For the record your mickey mouse ea is trading support and resistance. You can open the chart and see where it is your taking your trades. Right on accumulation levels. That is presumed support and resistance.

Focus on pip-drawdown
Adrian Matusiak (adrian8891)
Apr 17 2014 at 16:25
696 posts
Take a try,

Problem is that You still don't understand how trailing stop works... You tell me about break even on 3 pips. True is that it was around +33pips when TS has applied. Then just price drop and TP (TS) has been touched. Simple as 1-2-3.

The point is (I will repeat it once again for You) I'm not looking for fast or small trades (1, 2 , 3 ,4 pips) but for some higher amounts. It seems like You will never understand it.

I'm worried about Your account then. Why it isn't verified, why trading priviliges arent verified too and why hisotry is private? You want to become as 'guru' here, but it seems like Your knowledge is quite small.

See, I'm also manager on British investment fund so I might know better, what is good for money, and what style to use.

You only show single transactions of mine, but if You would try to connect it in one 'bigger trade' , then You might see how EA works. So those pip drawdown means nothing except Your 'Oh my God!' if You trade on high money percentage :)


Again, I wish You luck

PAMM MANAGER // Professional Fund Manager
Adrian Matusiak (adrian8891)
Apr 17 2014 at 16:27
696 posts
Master_Kiwa posted:
adrian8891 posted:
I'm just simply not agree with You. I'm not even looking for any support and resistance and, as You can see on my previous post I'm not looking for 5-10 pips profit. I'm not a scalper.

Period.


 Well you would of fooled me with your comment. Scalpers typically take very small profit. Which is what your doing. Your closing positions for 10 pip profits old chap. That is what scalpers do. For the record your mickey mouse ea is trading support and resistance. You can open the chart and see where it is your taking your trades. Right on accumulation levels. That is presumed support and resistance.



Sorry, but I'm wasting time to talk with You.

I will say last time that I'm not looking for scalper trades. And I will say AGAIN AND LAST TIME that EA doesn't use any support-resistance. It uses my 'TimedTrading' strategy to pick best trading hours. It has nothing to support-resistance.

Regards

PAMM MANAGER // Professional Fund Manager
peeterwoolf
Apr 17 2014 at 17:38
230 posts
Ok, I think I need spend a lot bit more time on your site. Thank you both.

Master_Kiwa
Apr 17 2014 at 21:13
402 posts
adrian8891 posted:
Master_Kiwa posted:
adrian8891 posted:
I'm just simply not agree with You. I'm not even looking for any support and resistance and, as You can see on my previous post I'm not looking for 5-10 pips profit. I'm not a scalper.

Period.


 Well you would of fooled me with your comment. Scalpers typically take very small profit. Which is what your doing. Your closing positions for 10 pip profits old chap. That is what scalpers do. For the record your mickey mouse ea is trading support and resistance. You can open the chart and see where it is your taking your trades. Right on accumulation levels. That is presumed support and resistance.



Sorry, but I'm wasting time to talk with You.

I will say last time that I'm not looking for scalper trades. And I will say AGAIN AND LAST TIME that EA doesn't use any support-resistance. It uses my 'TimedTrading' strategy to pick best trading hours. It has nothing to support-resistance.

Regards


    Yes you are wasting time speaking to me because you fail to understand anything about trading. I know exactly how trail stop works, but you spend MOST OF YOUR TIME in RED! Which is why MOST of your positions have HIGH PIP-DRAW DOWN. If your system is based on some TIME BASED THEORY, then maybe you need to change it. I have taken the time to review each and one of your trades. Over 75% of your trades you have an entry accuracy of less then 50%. That my friend is HORRIBLE! Your draw down % is low only because your using very small equity. The underlining fact is that you are turning profit, and I congratulate you on that. Yet, if you simply worked a bit harder you could turn more profit, save more time if you tried to gain a more accurate entry! You lacking the ability of having a successful entry rate reveals the weakness in your trading.

Focus on pip-drawdown
sirius1fx (sirius1fx)
Apr 18 2014 at 01:37
348 posts
lol lets keep it civil!

if you follow the flock like sheep you always end up stepping in shit!
Master_Kiwa
Apr 18 2014 at 01:48
402 posts
sirius1fx posted:
lol lets keep it civil!


  We are keeping it civil. lol.... Instead of elaboarting on his 'system' he is simply being defensive and making it seem as if he has some holy grail. I am not sure what holy grail allows you to go in red 150 pips only to close in profit for 10 pips. Well what ever....

Focus on pip-drawdown
sirius1fx (sirius1fx)
Apr 18 2014 at 02:08
348 posts
to honest i notice most people on here connect their system to their ego makes them feel like they got a big you know what lol 🙄

if you follow the flock like sheep you always end up stepping in shit!
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