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

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BlueMonkey Real Money Live Test == Started Oct 2014 Discussion

Sep 29, 2014 at 03:07
15,421 Views
703 Replies
gftcfd
forex_trader_8565
Member Since Mar 12, 2010   106 posts
Nov 07, 2014 at 03:09
bluemonkey posted:
gftcfd posted:
bluemonkey posted:
askew8 posted:
Yes trades did open and close sucessfully! You just seemed to have more positions and took in a much larger profi than I did so I was just wondering how that happened... I'm not complaining because either way I won but it was nowhere close to yours.

The problem was with our broker, it didnt allow all trades to be closed and after closing a few trades some trades were left hanging. Therefore the EA recognized the hanging trades and continued the trading as if the bath is still open.

so basically it was a broker issue.

A

Hello @bluemonkey ,

This week clients reported no long positions opened in myfxbook,
and bluemonkey had some long positions.
Is it broker issue or EA setting ?
Thank you.

this is not exactly correct. almost all our users have had long trades but theirs closed earlier than ours and ours didnt close due to our broker.

A

Hello @bluemonkey
Would you share your EA setting running in myfxbook ?
Even risk is 100%, it seems fair for clients to know.
Thank you.
Member Since Sep 01, 2013   48 posts
Nov 07, 2014 at 14:03
Why is it that they get 1:400 with FXCM and we only get 1:50 for leverage? And yes please explain the settings better. Like how do you set it to keep it from taking all the available margin in a few trades?
Member Since Feb 24, 2014   196 posts
Nov 07, 2014 at 14:08
He is probably usinf FXCM europe where they offer that leverage. In the us, FXCM onlu offer 1:50.
Member Since Jul 03, 2013   3 posts
Nov 10, 2014 at 07:21
Hi, how to work ea on octa fx ? Recommend only FXCM for have the same results?
Thanks.
Member Since Jun 22, 2014   423 posts
Nov 10, 2014 at 07:26
BlackM posted:
Hi, how to work ea on octa fx ? Recommend only FXCM for have the same results?
Thanks.

hi,

the EA works on all the brokers pretty much the same. octafx would be fine.

A
fxnew
forex_trader_169333
Member Since Dec 26, 2013   62 posts
Nov 11, 2014 at 11:00
HI
I have bought the EA how I will receive it
thank you
Member Since Jun 22, 2014   423 posts
Nov 17, 2014 at 17:21
Hows it going guys? are you ready for the new week? got some *** to kick :D
Member Since Feb 24, 2014   196 posts
Nov 17, 2014 at 17:41
Lets do it!!!
Member Since Feb 24, 2014   196 posts
Nov 18, 2014 at 17:44
Alex,

Out of curiosity, where did the idea for the name 'Blue Monkey' come from?
Member Since Jun 22, 2014   423 posts
Nov 18, 2014 at 21:16
askew8 posted:
Alex,

Out of curiosity, where did the idea for the name 'Blue Monkey' come from?

basically it is a mixture of various strategies we have tried over years.

seems like it is working well for you :)

how much have you made so far?
Member Since Feb 24, 2014   196 posts
Nov 18, 2014 at 21:29
Well I am running it at decreased risk settings but other than one stop out, it has been pretty consistant and even after the stop out im stoll way up percentage-wise. So far so good hope we keep this up!
Member Since May 20, 2011   724 posts
Nov 18, 2014 at 21:36
This is probably the best EA out there for the money and support is def #1
Member Since Jun 22, 2014   423 posts
Nov 18, 2014 at 21:36
askew8 posted:
Well I am running it at decreased risk settings but other than one stop out, it has been pretty consistant and even after the stop out im stoll way up percentage-wise. So far so good hope we keep this up!

we sure will. good work is going to it. we constantly update our server engine to keep up the results.

send us your suggestions. we would love to hear. :)

A
Member Since Jun 22, 2014   423 posts
Nov 18, 2014 at 21:36
FXtrader2010 posted:
This is probably the best EA out there for the money and support is def #1

That is great to hear. please send us your suggestions/recommendations and we listen.

A
Member Since Jun 22, 2014   423 posts
Nov 18, 2014 at 21:45
FXtrader2010 posted:
This is probably the best EA out there for the money and support is def #1

Isn't the algorithm awesome how it detects where to open trades and what lot size? :D
Member Since May 20, 2011   724 posts
Nov 19, 2014 at 05:46
bluemonkey posted:
FXtrader2010 posted:
This is probably the best EA out there for the money and support is def #1

Isn't the algorithm awesome how it detects where to open trades and what lot size? :D
Yes, at first you dont think much of it, but when you let it go for a couple months and see some of the instances it is pretty damn good! Will gladly outweigh the negatives to that of what a human trader can do.
Member Since Aug 13, 2014   149 posts
Nov 19, 2014 at 07:48
askew8, the stop out you're saying was the one in the end of september/begining of october? what happened to your account?

thanks
Member Since Feb 24, 2014   196 posts
Nov 19, 2014 at 13:44
@filipesantos Yes it was around then. I have half the risk settings as master account at the moment so I lost 15% of the account but when you are getting a return of 30+% a month, that 15% doesn't even effect you. I have since put the stop at 20% just to give it a little extra wiggle room.
gftcfd
forex_trader_8565
Member Since Mar 12, 2010   106 posts
Nov 19, 2014 at 14:45
askew8 posted:
@filipesantos Yes it was around then. I have half the risk settings as master account at the moment so I lost 15% of the account but when you are getting a return of 30+% a month, that 15% doesn't even effect you. I have since put the stop at 20% just to give it a little extra wiggle room.

@askew8
I believe if @bluemonkey share his EA settings will help clients increase their confidence.
gftcfd
forex_trader_8565
Member Since Mar 12, 2010   106 posts
Nov 19, 2014 at 14:49
bluemonkey posted:
FXtrader2010 posted:
This is probably the best EA out there for the money and support is def #1

Isn't the algorithm awesome how it detects where to open trades and what lot size? :D

According to my observations,
@bluemonkey combines News, size and risk calculations in its grid trading.
It helps EA reduce risks.
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