BlueMonkey Real Money Live Test == Ended Oct 2014 (By bluemonkey)

The user has deleted this system.

BlueMonkey Real Money Live Test == Ended Oct 2014 Discussion

Jun 26, 2014 at 18:02
16,638 Views
838 Replies
rob559
forex_trader_29148
Member Since Feb 11, 2011   1916 posts
Jul 03, 2014 at 03:52
averaging down system or grid or both ,would you tell us what is it ?
Member Since Oct 01, 2013   6 posts
Jul 03, 2014 at 06:38
How do you handle news event? They can kill your grid strategy easily.
Member Since Jun 22, 2014   423 posts
Jul 03, 2014 at 06:48 (edited Jul 03, 2014 at 06:54)
rob559 posted:
averaging down system or grid or both ,would you tell us what is it ?

The strategy is a mixture of several.

it does have averaging,
it does have reversal
and it does have news expectancy.

Alex
Member Since Jun 22, 2014   423 posts
Jul 03, 2014 at 06:57
SDBeachBoy posted:
How do you handle news event? They can kill your grid strategy easily.

The EA has news detection capability, fed from the server engine.
Member Since Nov 18, 2013   154 posts
Jul 03, 2014 at 20:51
your page is 23 hours behind. This is because your DD now so high, or there are other problems?
Member Since Jun 22, 2014   423 posts
Jul 04, 2014 at 08:53
parlavink posted:
your page is 23 hours behind. This is because your DD now so high, or there are other problems?

updated. dd only 17 percent
Member Since Sep 03, 2011   24 posts
Jul 15, 2014 at 13:41
Hello Alex,

 At Myfxbook I read, that your server is warning for news events.

My questions are :

- do you receive a message in your e-mail box, or at your charts ?

 - when there are open trades, should you close these trades immediately, even with a loss ? I suppose, your EA is not a signal provider, so you have to manage your trades by yourself in that case.

- can you adjust the settings of the EA at certain dates, when there is a news event ? Will the EA in that case close the trades with or without a loss ?

Regards,

Maurice van Mourik

 

Member Since Jun 22, 2014   423 posts
Jul 15, 2014 at 18:28
mourik posted:
Hello Alex,

 At Myfxbook I read, that your server is warning for news events.

My questions are :

- do you receive a message in your e-mail box, or at your charts ?

 - when there are open trades, should you close these trades immediately, even with a loss ? I suppose, your EA is not a signal provider, so you have to manage your trades by yourself in that case.

- can you adjust the settings of the EA at certain dates, when there is a news event ? Will the EA in that case close the trades with or without a loss ?

Regards,

Maurice van Mourik

 


hi, you don't receive an email. the EA automatically avoids trading when there is a news release.
the EA is not signal provider. it closes trades when needed.
you can not set dates and events. that's automatic.

Please let me know if you have further questions.

A
Member Since Oct 01, 2013   6 posts
Jul 16, 2014 at 06:32
This myfxbook account is too aggressive for me since you traded 5 lots in a week with just $100 balance.

Q1> Do you have any other myfxbook accounts that run on less aggressive settings?

Q2> How many set files do you provide with varying degree of risk?

Member Since Apr 10, 2013   35 posts
Jul 21, 2014 at 11:13
Hi
I am interested in buying your EA, just 2 questions.
1) Is this an arbitrage EA?
2) Does this work with specific brokers?

Regards
Just make it happen
Member Since Jun 22, 2014   423 posts
Jul 21, 2014 at 14:07
junglejake posted:
Hi
I am interested in buying your EA, just 2 questions.
1) Is this an arbitrage EA?
2) Does this work with specific brokers?

Regards

hi,

thanks for your interest.

1: no it is not. it uses reversal strategy.
2: it should work pretty much with any broker.

A
Member Since Jun 22, 2014   423 posts
Jul 21, 2014 at 14:07
SDBeachBoy posted:
This myfxbook account is too aggressive for me since you traded 5 lots in a week with just $100 balance.

Q1> Do you have any other myfxbook accounts that run on less aggressive settings?

Q2> How many set files do you provide with varying degree of risk?


Q1: we dont.

Q2: the EA has pre-set settings, you dont need to worry about it.

Please let me know if you have any questions.

A
Member Since Feb 24, 2014   196 posts
Jul 21, 2014 at 14:27
bluemonkey posted:

Q2: the EA has pre-set settings, you dont need to worry about it.


What are these settings based on? Also, you informed me that you can start this system with $250. Is there a set lot size based on the account amount or we have to set the lot size manually? Based on $250, what would the lot size be?
Member Since Nov 20, 2009   4 posts
Jul 21, 2014 at 14:28
The backtests shown on your website appear to hold buy orders and sell orders open at the same time. This would not be permitted for an account at a US broker. My questions are about working with US accounts.

   1) Can it work without opening hedged positions?
   2) It appears all the orders in a group are closed at the same time, which is good. Is the EA aware of FIFO rules, or does it depend on closing all the orders simultaneously?

Thanks,
Member Since Jun 22, 2014   423 posts
Jul 21, 2014 at 17:52
askew8 posted:
bluemonkey posted:

Q2: the EA has pre-set settings, you dont need to worry about it.


What are these settings based on? Also, you informed me that you can start this system with $250. Is there a set lot size based on the account amount or we have to set the lot size manually? Based on $250, what would the lot size be?

hi,

yes there is size settings as well as risk settings. the rest is automatic.

Please let me know if you have any questions.

A
Member Since Jun 22, 2014   423 posts
Jul 21, 2014 at 17:53
garr8107 posted:
The backtests shown on your website appear to hold buy orders and sell orders open at the same time. This would not be permitted for an account at a US broker. My questions are about working with US accounts.

   1) Can it work without opening hedged positions?
   2) It appears all the orders in a group are closed at the same time, which is good. Is the EA aware of FIFO rules, or does it depend on closing all the orders simultaneously?

Thanks,

Hi,

the EA works perfectly to open trades on one direction. yet is also capable of opening trades in both directions at the same time. therefore it works for US accounts perfectly. it may not be as profitable as non-US.

1: yes, perfectly.
2: yes, the EA fully complies with FIFO rules. the trades are not 100% closed at the same time. there is a slight time gap which is not seen in the reports.

please let me know if you have any questions.

A
Member Since Nov 21, 2013   46 posts
Jul 22, 2014 at 06:32
Hi Alex
i sent you an email

please reply to me once you have time
regards
Raffaele
Member Since Jun 22, 2014   423 posts
Jul 22, 2014 at 08:28
raffus posted:
Hi Alex
i sent you an email

please reply to me once you have time
regards
Raffaele

Hi,

we have replied to all emails
Member Since Jun 22, 2014   423 posts
Jul 22, 2014 at 08:29
raffus posted:
Hi Alex
i sent you an email

please reply to me once you have time
regards
Raffaele

you may also ask your questions here so other can use too.

A
Member Since Jul 16, 2014   14 posts
Jul 22, 2014 at 12:51
Hey

Im interested of your EA. If i choose to purchase it i will first try it on micro account. After few days demo testing.

My Q's:
Does EA trades only charts that are open?
Can i choose what pairs it trades?
Do you have any kind of refund policy? (If it blows my account)
I have FXopen account, will it work on that.?
Do i need manage trades that are open?
Can i choose what is maximum amount of trades EA will trade at once?

I think this is good starts. :)


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