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Fast Forex Millions (By Birt )

Gain : -11.74%
Drawdown 26.10%
Pips: 343.3
Trades 1104
Won:
Lost:
Type: Real
Leverage: 1:100
Trading: Automated

Fast Forex Millions Discussion

willgart
Mar 07 2012 at 12:07
588 posts
well... has you can see in myfxbook, FFM doesn't works well on a lot of broker. this EA is not (less) sensitive to the speed of the broker, the slippage, the SL mininmum etc...
but apparently sensitive to something else... because some accounts open a buy while another open a sell near at the same time... its like the trend is not identified the same way.... strange.

and stop thinking that all the brokers try to hit your SL.
you can validate the price by comparing with another broker and fill a complain if there is differences. but you'll not see this.
but its hard for a broker to make the price moving in the direction of a stop loss... a spike could occurs (which is where you can complain) but not a long full trend.
This is a typical price movement. its not because FFM go in the wrong direction that its the broker fault...

and like the documentation and the FFM team says:
optimise the EA for your account.
I repeat this again again and again. but the message is clear: optimise it because nobody else can do it for you!
and you'll see that the back tests reflect your closed trades, so you can see the difference quickly.

but you are right to ask for a better EA which is more stable among different account and brokers. its an unpredictable EA, sure on a long term could provide positive results, but more stability is welcome.

cronosdev
Mar 07 2012 at 15:04
7 posts
willgart
Mar 07 2012 at 15:32
588 posts
well... you are positive.
so FFM works for you.

search in myfxbook and you'll see how many account are positive...
I think you do not have to change anything because you finally wins or just disable the usdcad pair.

Birt (birt)
Mar 11 2012 at 14:59
166 posts

   cronosdev posted:
FMM doesn't work well. What I need to change?


I truly wish I knew the answer to that.

allplayfawdray
Mar 11 2012 at 18:21
32 posts
I've started to get some good trades. I had to play around with my filter depth a bit, and I also Have set reverse exit to false. After reviewing the trades that win, I found that if that more wiggle room was given then they could have turned out to be much larger winners. After the trade is well into profit I also adjust the target price to something realistic. Netted 200 pips over the last two trading days. See if it continues.

Birt (birt)
Mar 11 2012 at 19:19
166 posts
I'm really glad to hear you're getting good results with FFM. Hope it continues in the same rhythm.

SmoothHedge
Mar 20 2012 at 07:07
52 posts
Results have been average lately. Maybe you restarted the server at the wrong time, or there was a stiff breeze in the data center. 😄

cronosdev
Apr 20 2012 at 13:55
7 posts
@allplayfawdray
How is going now your FFM?
I can't reach 3% monthly after 3 months!
With this tempo and deposit of $1000 I will need 9 months to return money which I spent on FFM.
A am trading manually every day 10 minutes and I get much much better results then this EA.
This is far away of promised 20%.
Also on member page I can't download latest version 2.5, only 2.1 is available. Does anyone else have the same problem?

simondav
Apr 27 2012 at 13:41
1 posts
I have been getting reasonable results with this bot until the last week when things have gone a bit pear shaped largely due to the FOMC statement and I had a couple of big losers. I have been getting many of Birts trades although not identical entries.

I think the decline in results especially with the EURUSD is due to the same issue that so many ea's have been having difficulties with, namely that the market has been in a range. Time and time again I have seen ffm have gains in the 30 to 40 pip range then give it all back again for a tiny profit or a loss. I have done some optimisation with the kTP parameter to lower the tp target significantly and I got far better back test results. Incidentally my backtest results with tick data for default settings on the eurusd were much worse than the actual results for the 4 months of this year! Lets see how the new settings go!! When the market starts to trend again, it will be back to default. I still have faith in this bot.

cusber
Apr 27 2012 at 14:30
46 posts
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