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BlueMonkey Real Money Live Test == Started Oct 2014 (de bluemonkey)
Lutilisateur a supprimé ce système.
Discussion BlueMonkey Real Money Live Test == Started Oct 2014
Dec 23, 2014 at 04:24
I just created the two accounts and i'm waiting for alex to enable the EA for then.
The accounts are already public
Alex, if you need to check anything in the vps you arealdy have the credetials.
Now we're running 4 brokers:
IronFx
FXCM
ThinkForex
FxPro
thanks all for your collaboration
The accounts are already public
Alex, if you need to check anything in the vps you arealdy have the credetials.
Now we're running 4 brokers:
IronFx
FXCM
ThinkForex
FxPro
thanks all for your collaboration
Dec 23, 2014 at 07:56
Wow fantastic. I just woke up and it's good to see all my 8 short positions were closed with good net profit but a little sad that the master account's DD is back again to 20% due to that 1 pip short of hitting the long closing target. I have checked again my trade that closed all my buy positions and I found out that the price even went 4.6 pips higher than my buy closing target and it looks quite strange to me why the master account needs 1 more pip before hitting the closing target of those long positions. Please note that I am not even using VPS, I am using only my laptop so hardware issue can be ruled out. Therefore, i think it has something to do with the broker.
Dec 23, 2014 at 10:59
@bluemonkey.
You have opened a 'competition' of suggestions - have you already decided?
Would you share the results with us: What and why s.o. has won?
Thanks in advance!
Calli
You have opened a 'competition' of suggestions - have you already decided?
Would you share the results with us: What and why s.o. has won?
Thanks in advance!
Calli
forex_trader_8565
Membre depuis Mar 12, 2010
posts 106
Dec 23, 2014 at 13:41
willgart posted:
tic tac... does the 30% loss will be applied this time? :) (because the account already suffered a -39% in the past)
or does the account will not be update for a while and the trade never closed? :)
Hello @willgart
Bluemonkey's account in myfxbook, I believe it uses 100% risk.
Dec 23, 2014 at 13:48
done...
http://statements.forexpeacearmy.com/blue_monkey_real/statement_new.htm
at 5:34
the account got a DD of 911$ for a balance of 2472$ or 36.8% of loss...
more than the 30% threshold...
so its confirmed, the vendor hides things :)
http://statements.forexpeacearmy.com/blue_monkey_real/statement_new.htm
at 5:34
the account got a DD of 911$ for a balance of 2472$ or 36.8% of loss...
more than the 30% threshold...
so its confirmed, the vendor hides things :)
Dec 23, 2014 at 15:06
To save your accounts from the drawdown, please read the following. You can apply it manually. I posted it early december.
gorydan posted:
@bluemonkey
Here is the concept to limit the loss owed to the drawdown, it is " the stoploss by stage ".
The general explanation is in this sentence: " When the drawdown reaches the maximal level of loss that you settled, the EA will close the oldest position taken on the pair. "
Now here is the illustration of this idea:
In the configuration of your robot, when you attach it to a currency pair, you have to fix the threshold of release of the stoploss in percentage of your capital.
Until now, once this level reached, the robot enclosed all the positions taken on this pair.
Now I propose you " stoploss by stage " that would allow to enclose the oldest position taken on a given pair when the drawdown reaches the fixed threshold, and it until the trend returns in our direction.
Naturally it understands that the robot continues to open its new positions to continue its suite.
If the EA is attached to several currency pairs, it is the one which will reach the level of maximum fixed drawdown which will activate " the stoploss by stage " in the first one, and so on...
Advantages:
- You don't lose the total amount of the drawdown because it is splitted.
- In every older position removed, the take profit gets closer to the price.
- You can take bigger positions easily.
- The drawdown will not exceed the value fixed in percentage because it will be "scalped" in its peak.
Inconveniences:
- To be positioned contrary to a trend of more than pips 300 at least, without retracement, what is rare but possible. But " the stoploss by stage " will continue its work.
For the technical details and the coding of the " stoploss by stage " in MT4, there are several possibilities :
You can command your robot to close " lots " or " groups of lots " such as they were opened, because, as I noticed, when there is big movements, the EA opens a group of lots after a number of pips to catch up the delay.
If you have any questions, do not hesitate to ask me.
Membre depuis Feb 09, 2010
posts 224
Dec 23, 2014 at 21:13
I have decided to turn this EA off for the moment for obvious reasons - though I should be honest and say I haven't suffered a loss with this EA and in fact I made quite a bit from a few days of running it but the fact my personal account does differ greatly from the vendors is quite worrying and it shouldn't happen.
Membre depuis May 03, 2014
posts 9
Dec 24, 2014 at 07:48
fx5473br posted:
alright I'll setup for fxpro also thinkforex give some time ;)
Also it would be good to give Traders Way a try.
Membre depuis May 03, 2014
posts 9
Dec 24, 2014 at 07:49
willgart posted:
done...
http://statements.forexpeacearmy.com/blue_monkey_real/statement_new.htm
at 5:34
the account got a DD of 911$ for a balance of 2472$ or 36.8% of loss...
more than the 30% threshold...
so its confirmed, the vendor hides things :)
When the EA measures DD. Its not calculated by account balance. Its calculated per trade.
Membre depuis Apr 25, 2014
posts 248
Dec 24, 2014 at 07:49
Hi,
Hi this is a crazy EA!!!!!
Hi this is a crazy EA!!!!!
Help others
Membre depuis May 03, 2014
posts 9
Dec 24, 2014 at 07:50
gorydan posted:
To save your accounts from the drawdown, please read the following. You can apply it manually. I posted it early december.gorydan posted:
@bluemonkey
Here is the concept to limit the loss owed to the drawdown, it is " the stoploss by stage ".
The general explanation is in this sentence: " When the drawdown reaches the maximal level of loss that you settled, the EA will close the oldest position taken on the pair. "
Now here is the illustration of this idea:
In the configuration of your robot, when you attach it to a currency pair, you have to fix the threshold of release of the stoploss in percentage of your capital.
Until now, once this level reached, the robot enclosed all the positions taken on this pair.
Now I propose you " stoploss by stage " that would allow to enclose the oldest position taken on a given pair when the drawdown reaches the fixed threshold, and it until the trend returns in our direction.
Naturally it understands that the robot continues to open its new positions to continue its suite.
If the EA is attached to several currency pairs, it is the one which will reach the level of maximum fixed drawdown which will activate " the stoploss by stage " in the first one, and so on...
Advantages:
- You don't lose the total amount of the drawdown because it is splitted.
- In every older position removed, the take profit gets closer to the price.
- You can take bigger positions easily.
- The drawdown will not exceed the value fixed in percentage because it will be "scalped" in its peak.
Inconveniences:
- To be positioned contrary to a trend of more than pips 300 at least, without retracement, what is rare but possible. But " the stoploss by stage " will continue its work.
For the technical details and the coding of the " stoploss by stage " in MT4, there are several possibilities :
You can command your robot to close " lots " or " groups of lots " such as they were opened, because, as I noticed, when there is big movements, the EA opens a group of lots after a number of pips to catch up the delay.
If you have any questions, do not hesitate to ask me.
Then why has the master account currently at this time allowed the difference between DrawDown and Account balance to be above 30%. The difference is currently (341.71% to 194.55%)
forex_trader_8565
Membre depuis Mar 12, 2010
posts 106
Dec 24, 2014 at 08:07
