To use chat, please login.
Back to contacts

AutoPip 2 (By nhasan)

Gain : +111.36%
Drawdown 73.81%
Pips: 989.3
Trades 11420
Won:
Lost:
Type: Demo
Leverage: 1:300
Trading: Automated

AutoPip 2 Discussion

nhasan (nhasan)
Mar 20 2013 at 08:23
18 posts
This is the second phase of live demo test on Autopip trading system.

In this phase we have reduced our target from 20% ( of previous test ) to 8% monthly profit

We are running the EA on 7 pairs for more diversification: EURUSD, EURJPY, EURGBP, GBPUSD, GBPJPY, AUDUSD and CHFJPY that includes 3 EUR, 3 GBP, 3 USD, 3 JPY, 1 AUD and 1 CHF currency.

Other options are
1. Trade on maximum 5 pairs at a time.
2. Increase total position on a pair from 16 of previous test to 20
3. Close positions with profit - loss match to reduce risk
4. Stop trading on other pair if any one has 12 positions at one direction

Hope to achieve the goal of 8% monthly profit with moderate risk and survive forever.

nhasan (nhasan)
Mar 24 2013 at 11:58
18 posts
We have started this test on 21 January 2013 with capital balance of $25000

After two months it's balance increased to $30913; total profit $5913 equivalent to 11.8% Monthly!! More than our target.

In this time we have survived in more than 1000 pips( 4 digit ) move in EURJPY and GBPUSD

So, it seems to be a profitable and also reliable trading strategy in the long run.

pipgenerator (pipgenerator)
Mar 24 2013 at 12:43
33 posts
Hello naeem how are you. Check my new autotrading system lifelongfx which have producing good results than you on live account. Please check it and comment. Thank you.

To become a good account manager.
nhasan (nhasan)
Apr 21 2013 at 09:46
18 posts
Today we have completed 3rd Month of this test.

Now it's balance is $33973, profit $8973 from initial capital $25000.00

Profit rate 35.89% in three months; Monthly around 12%!

nhasan (nhasan)
May 21 2013 at 10:28
18 posts
Today we have completed 4th Month of this experiment

Now we have $36,554.46 in balance, profit $11,554.46 for initial investment of $25,000.00

Profit rate 46.22% in four month : 11.55 % monthly

Maximum draw down around 40% or $10,000.00

If we invest $40,000.00 capital then draw down will be 25% and profit remain 7.22% monthly.

We have seen in this test that open loss remain in higher level for very shot time. So we can start with an investment of just $10,000.00 and keep another $20,000 to $30,000 in hand for emergency requirement. When open loss cross $5,000 level we have enough time to invest additional $5,000; if it cross $10,000 level we can invest another $5,000 to keep trading. In this way we can reduce effective investment requirement and thus profit rate will be increased.

nhasan (nhasan)
Jun 22 2013 at 00:01
18 posts
We have completed 5th month of this experiment yesterday

Current account balance is $40819.68 from initial $25000

Total profit $15819.68 ~ 63.23% ~ 12.65% monthly

Maximum draw down or open loss still remain below $10,000.00

Now I am ready to start real money trading with this system.
We can start in micro account with investment of just $1000.00, but it's still a very big amount for me!
So, I am looking for a business partner for investment with me.

nhasan (nhasan)
Jul 21 2013 at 04:32
18 posts
W have successfully completed 6th Month of this experiment

Now we have $45369.49 in account balance ~ 81.48% profit in total ~ 13.58 % per month

Maximum draw down or open loss still remain below $10,000.00

mandac72 (mandac72)
Jul 21 2013 at 07:35
19 posts
Trades:308 Longs Won:(277/277) 100% Shorts Won:(31/31) 100% 😎 This is for me the best Robot: 8days Gain:+10.32% Profit: $1035.26

https://www.myfxbook.com/members/mandac72/zulutradecomtrader167399/636923 demo

https://www.myfxbook.com/members/mandac72/1453-istanbul-mandac72/641420 real

nhasan (nhasan)
Jul 21 2013 at 07:43
18 posts
mandac72 posted:
Trades:308 Longs Won:(277/277) 100% Shorts Won:(31/31) 100% 😎 This is for me the best Robot: 8days Gain:+10.32% Profit: $1035.26

https://www.myfxbook.com/members/mandac72/zulutradecomtrader167399/636923 demo

https://www.myfxbook.com/members/mandac72/1453-istanbul-mandac72/641420 real


Very nice result
Continue testing to see it's performance in the long run.

Please login to comment .