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ForexRealProfitEA_ICMarkets

Gain : +461.52%
Drawdown 27.30%
Pips: 14902.3
Trades 8315
Won:
Lost:
Type: Real
Leverage: 1:500
Trading: Automated

ForexRealProfitEA_ICMarkets Discussion

Surrealistik
Jul 01 2013 at 00:34
231 posts
Hi FX Real Profit Team


Is this account at IC Markets using the latest version with default settings?

Perhaps you could provide further information for each account specifying settings, as well as the versions of FRPEA used and when they were used.


Cheers
Forex Real Profit EA (fxrealprofitea)
Jul 03 2013 at 13:45
27 posts
Dear Surrealistik,

The exact settings are the following:

First 12 charts:
FRPEAv6.06:
- Currencies: audusd, euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy, nzdusd
- Default settings
- Risk_percent = 3

Additional 10 charts:
FRPEAv6.06:
- Currencies: euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy
- Strategy 1 and 2 only
- Risk_percent = 3

* MagicNumbers: 74963755, 74963766, 74963777, 74963788 for Strategy 1, 2, 3, 4. (only for the Additional 10 charts)
* USDJPY - to Only Long, because of the risk of BOJ intervention. (Only for the Additional 10 charts)
* EURCHF - to Only Long, because of the risk of SNB intervention. (Only for the Additional 10 charts)

We use the normal settings and the conservative settings on the same account.
The risk is 2 times higher than normal.


All our updated Live Accounts Settings are available to our members in the Member Zone in the ForexRealProfitEA_settings PDF.


Kind regards,
Adrian
ForexRealProfitEA Team.
ben5
Dec 06 2014 at 18:01
11 posts
fxrealprofitea posted:
Dear Surrealistik,

The exact settings are the following:

First 12 charts:
FRPEAv6.06:
- Currencies: audusd, euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy, nzdusd
- Default settings
- Risk_percent = 3

Additional 10 charts:
FRPEAv6.06:
- Currencies: euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy
- Strategy 1 and 2 only
- Risk_percent = 3

* MagicNumbers: 74963755, 74963766, 74963777, 74963788 for Strategy 1, 2, 3, 4. (only for the Additional 10 charts)
* USDJPY - to Only Long, because of the risk of BOJ intervention. (Only for the Additional 10 charts)
* EURCHF - to Only Long, because of the risk of SNB intervention. (Only for the Additional 10 charts)

We use the normal settings and the conservative settings on the same account.
The risk is 2 times higher than normal.


All our updated Live Accounts Settings are available to our members in the Member Zone in the ForexRealProfitEA_settings PDF.


Kind regards,
Adrian
ForexRealProfitEA Team.
hello Adrian
Have you changed anything since this post? Updated the EA version or changed the quoted settings for this specific account?
Thanks!
Forex Real Profit EA (fxrealprofitea)
Dec 07 2014 at 09:32
27 posts
Hi,

Yes, we use our updated version of the robot, FRPEAv6.10, with the default settings.

FRPEAv6.10 uses 5 different strategies, 2 for scalping on Asian session, 2 for scalping on trend all day and one breakout strategy.

Kind regards,
Adrian
ForexRealProfitEA Team.
ben5
Dec 07 2014 at 12:49
11 posts
Hello and thanks for the reply!
Are you trading between 21-22 or 22-23 or both? from what I have read, it depends on the time of the year, summer or winter? is this still relevant for the V6 version?
Also on what risk% have you been running the EA on this account?
Thanks!
Forex Real Profit EA (fxrealprofitea)
Dec 07 2014 at 14:37
27 posts
Dear Ben,

Those hours are not relevant for our updated version of the robot.

FRPEA v6.10:
MagicNumber1 (74963711) = Asian scalping strategy 1 (old version 5 modified)
MagicNumber2 (74963722) = Asian scalping strategy 2 (new)
MagicNumber3 (74963733) = Trend scalping strategy 1 (all day)
MagicNumber4 (74963744) = Trend scalping strategy 2 (all day)
MagicNumber5 (74963777) = Breakout strategy (all day)

The risk is set to 3.5% / 150 pips (Stop Loss value).

Kind regards,
Adrian
ForexRealProfitEA Team.
MaxFxProcom (maxfxpro)
Aug 08 2015 at 09:21
1 posts
why its not verfied?
SleepingFX (SleepingFX)
Jan 26 2016 at 07:21
60 posts
result for these few days are bad... what happen?
Forex Real Profit EA (fxrealprofitea)
Jan 26 2016 at 10:05
27 posts
Dear SleepingFX,

All trading robots are based on statistical probability; FRPEA is programmed to take advantage on the average behavior of the forex market.
Any exception to the rule (or to the average behavior) can end up in loss, but loss is part of the trading and cannot be avoided. The most important thing is to win more than we lose on long term.

All strategies used by us are tested on tickdata history database for the last 8 years and metaquotes history database for the last 13 years.
If maximal draw down limit is not exceeded, there is no worry about changes to the average behavior of the forex market.

Also, our 6 years automated trading experience is used by us for continuous improvement of our trading strategies and our robot.


Kind regards,
Adrian
ForexRealProfitEA Team.
Surrealistik
Feb 16 2016 at 05:53
231 posts
Hmm, the profile doesn't seem to be updating properly; last update was 16 hours ago as of the time of this writing.
Forex Real Profit EA (fxrealprofitea)
Feb 16 2016 at 14:24
27 posts
Dear Surrealistik,

I sent a support ticket;
there are no updates while Myfxbook EA works just fine on our side.

Hope to solve this soon.

Kind regards,
Adrian
ForexRealProfitEA Team.
rob559
Feb 16 2016 at 16:46
1916 posts
Forex Real Profit EA

excellent ea bro,what is the risk setting that you are using ?
Surrealistik
Feb 16 2016 at 17:36
231 posts
fxrealprofitea posted:
Dear Surrealistik,

I sent a support ticket;
there are no updates while Myfxbook EA works just fine on our side.

Hope to solve this soon.

Kind regards,
Adrian
ForexRealProfitEA Team.


Hi Adrian,

Just try resetting the MFB EA; worked for me!
Forex Real Profit EA (fxrealprofitea)
Feb 18 2016 at 12:02
27 posts
Dear rob559,

We calculated the risk so if we lose maximum draw dawn from the last 8 years of tickdata backtests and last 15 years of metaquotes backtests combined, the total loss doesn't exceed 25% from the account.


Kind regards,
Adrian
ForexRealProfitEA Team.

rob559
Feb 18 2016 at 13:51
1916 posts
thanks😄
FxMasterGuru (FxMasterGuru)
Feb 18 2016 at 16:43
1608 posts
@rob559

This strategy has not made any net, i.e. 'REAL' profit for the past 8 months... (except for the broker)

So what is excellent about it...??

Do I miss anything...??
rob559
Feb 18 2016 at 17:09
1916 posts
you are right ,thanks
Forex Real Profit EA (fxrealprofitea)
Feb 18 2016 at 18:26
27 posts
Dear FxMasterGuru,

It’s true, last 8 months are on break even, but still 73% profit for the last year.

Never end up on loss on yearly basis, for the last 6 years of live trading.

Kind regards,
Adrian
ForexRealProfitEA Team.
forex_trader_[38771]
Jul 09 2016 at 04:37
60 posts
looks like the recent addition of another volatility breakout system have increased the risk. You said the risk was going to be split between the 2 vol BO systems but clearly the opposite has happened....
verysuccessful
Jul 09 2016 at 19:45
9 posts
This automation - who trade with robots lose their deposit at any term.
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