BlueMonkey Real Money Live Test == Ended Oct 2014 Discussion

Ok Thanks

-I don´t understand too much which kind of account is the one you have here on myfxbook because for example you´re trading with 0,04 lots ( 0,4 usd/pip) and if you have for example +10 pips on a certain trade the result should be 4 usd but on your myfxbook the result showed would be 0,4 usd...what kind of account is it??

-With exactly the same leverage you´re using in your myfxbook what should be the lots for a 5000 usd trading account?

-If I tell you please give me the size I should use with a 5000 usd account to mantain the floating not higher that 5% of the balance (if this could be possible, obviously we don´t have a crystal ball about what´s going to happen) but only base on your personal experience and what would be more or less the expected monthly return... I know all this depend on the market conditions but try it...

Thanks...

Aitor posted:
Ok Thanks

-I don´t understand too much which kind of account is the one you have here on myfxbook because for example you´re trading with 0,04 lots ( 0,4 usd/pip) and if you have for example +10 pips on a certain trade the result should be 4 usd but on your myfxbook the result showed would be 0,4 usd...what kind of account is it??

-With exactly the same leverage you´re using in your myfxbook what should be the lots for a 5000 usd trading account?

-If I tell you please give me the size I should use with a 5000 usd account to mantain the floating not higher that 5% of the balance (if this could be possible, obviously we don´t have a crystal ball about what´s going to happen) but only base on your personal experience and what would be more or less the expected monthly return... I know all this depend on the market conditions but try it...

Thanks...

hi,

our account is nano account, so each 0.04 works like 0.004. that should solve all your confusion.

for a 5000 account, you can easily use 0.4 or 0.3 lot to keep the drawdown below 5%.

A

Hi Alex,

I am very impressed with the profits being made last months.

My question is : what will happen with the pending orders, which are at this moment negative.(minus $32,20,- ) They are already pending for 10 or more days, mostly buying orders, still in a downtrend and no reversal trend taking place......

What is the strategy of your EA and how long will your EA keep these orders pending ? Why is your EA placing contradictory buying orders during a downtrend ?

These negative pending orders are about 40% of your profits of the last three months, so it is a considerable sum !

Regards,

Maurice van Mourik

hello,
I now use 4 days EA have made 180 euros. use Hotforex, now bought other EA for another broker xm.com . There is new filter and that works well. EA I😎😄 have run Simply today today made ​​a lot of profit. Now see what future brings.😎😄

mourik posted:
Hi Alex,

I am very impressed with the profits being made last months.

My question is : what will happen with the pending orders, which are at this moment negative.(minus $32,20,- ) They are already pending for 10 or more days, mostly buying orders, still in a downtrend and no reversal trend taking place......

What is the strategy of your EA and how long will your EA keep these orders pending ? Why is your EA placing contradictory buying orders during a downtrend ?

These negative pending orders are about 40% of your profits of the last three months, so it is a considerable sum !

Regards,

Maurice van Mourik

hi,

please check em now. all closed :)

the orders where only 20% of the current balance. and it always opens based on current balance.
you cal also lower or higher the order size based on your desired risk.

please let me know if you have any questions.

A

parlavink posted:
hello,
I now use 4 days EA have made 180 euros. use Hotforex, now bought other EA for another broker xm.com . There is new filter and that works well. EA I😎😄 have run Simply today today made ​​a lot of profit. Now see what future brings.😎😄

thats great to hear :)

Please let us know if you have any questions/concerns.

A

Looks like this crap comes from the very same guy who blow away countless accounts with his famous Big Bang EA ..

Should people already warned enough by the odd names of his products?

people look out dangerous EA................
https://www.bigbangea.com/bigbangea/backtests/201401/StrategyTester.htm😇

look this..
https://fxmetatraderwin.blog.fc2.com/blog-entry-387.html😭

growforex posted:
Looks like this crap comes from the very same guy who blow away countless accounts with his famous Big Bang EA ..

Should people already warned enough by the odd names of his products?

why do you think it looks like crap? because you are in the same business and cant create something as cool? haha

You know why .... sad that all those people are going to lose money. Therefore I warn people. and no I'm not in yours buisnes'm from the other side.

Hi Alex,

When I use Alpari.uk.com as a broker, will the results/profits the same as with IBFX with the same default settings, which you are now using for your EA ?

Yesterday there was a reversal in the prices, so a lot of pending buying orders could be traded with a profit, after a long pending time. The drawdown of these pending orders was, as you told me, about 20 % of the total account balance, which is quite a lot. Most traders are not risking more as 3-5 % of their total accountbalance.

My question: is your EA is programmed in such a way, to handle these risks/drawdowns of 20-30 % safely ?

regards,

Maurice van Mourik

Hi Alex,

to be clear with my previous question about 'handling these risks/drawdowns 'safely'' : I do not expect 100 % wins, only a positive win/loss ratio, lets say 70-80%.

regards,

Maurice van Mourik

growforex posted:
You know why .... sad that all those people are going to lose money. Therefore I warn people. and no I'm not in yours buisnes'm from the other side.

you know whats sad? that you cannot offer something legit and when someone does, you cant stop your jealousy :)

i suggest you buy one too and enjoy the product :)

let us know if you have any questions.

mourik posted:
Hi Alex,

When I use Alpari.uk.com as a broker, will the results/profits the same as with IBFX with the same default settings, which you are now using for your EA ?

Yesterday there was a reversal in the prices, so a lot of pending buying orders could be traded with a profit, after a long pending time. The drawdown of these pending orders was, as you told me, about 20 % of the total account balance, which is quite a lot. Most traders are not risking more as 3-5 % of their total accountbalance.

My question: is your EA is programmed in such a way, to handle these risks/drawdowns of 20-30 % safely ?

regards,

Maurice van Mourik

hi,

thats the goal to keep the risk below 20-30%. we will send you and update today too which fixes some problems.

A

*********** ANNOUNCEMENT
*********** ANNOUNCEMENT
*********** ANNOUNCEMENT

Version 1.08 is now available.
Please let me know if you have any questions.

Alex

mourik posted:
Hi Alex,

to be clear with my previous question about 'handling these risks/drawdowns 'safely'' : I do not expect 100 % wins, only a positive win/loss ratio, lets say 70-80%.

regards,

Maurice van Mourik

yes,

that should work just fine.

A

hello allex,

how to go to the new update with open positions. positions must first close or you can add new EA?

ragards,.

parlavink posted:
hello allex,

how to go to the new update with open positions. positions must first close or you can add new EA?

ragards,.

hi,

no positions dont need to close. you can attach the new EA at any time.

A