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ForexSensation (By sensation)

Gain : +215.07%
Drawdown 2.57%
Pips: 723.8
Trades 102
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

ForexSensation Discussion

ptaczek
Oct 21 2013 at 19:53
8 posts
investea posted:
So I did the back tests,
...
https://skydrive.live.com/redir?resid=35E7C7ED845D4644!1042&authkey=!AEpdnWSmbUfW9Zk

My test use Dukascopy ticks data, it's an ECN as the ECN account used by forexsentation with FXChoice, as the guys sent the investor password for that account. Unfortunately I don't have the ticks data history of FXChoice. But I have a real account on which I'm running the EA.

I took data from 2008 to now. I took an initial balance of 10000 $. Fixed lot of 0.1, except for the full strategy, tested both the competition params and the default ones.

Comments and new backtests will follow.


Thanks for the backtests. This is not an EA I'd buy. And it's certainly not double-your-account-in-3-month system :) Definitely a hype. Nothing more.

The wisest men follow their own direction. - Eurípidés
FxPhil
Oct 22 2013 at 06:08
88 posts
I run 6 EAs in demo for testing.
eurusd standard default
eurusd standard only aggressive
eurusd extended default
eurusd extended only aggressive
gbpusd extended default
gbpusd extended only aggressive

using 5 brokers:
Instaforex
FxOpen
FxPig
FxChoice
Tallinex

mcymcy (mcymcy)
Oct 22 2013 at 06:37
270 posts
FxPhil posted:
I run 6 EAs in demo for testing.
eurusd standard default
eurusd standard only aggressive
eurusd extended default
eurusd extended only aggressive
gbpusd extended default
gbpusd extended only aggressive

using 5 brokers:
Instaforex
FxOpen
FxPig
FxChoice
Tallinex


We'll be glad if you share your results.

Here's my test with a real account: Leverage 1:500, S1,S2,S3=TRUE, Agressive mode=10, Risk=0.5

https://www.myfxbook.com/members/mcymcy/mcy-fs/729251


FxPhil
Oct 22 2013 at 08:52
88 posts
Here is an analysis of the trades versus magics for the FxSensation account:

Trades P/L Magic number
46 $14,678.63 P/L 0
02 $959.10 P/L 4563216
14 $1,981.95 P/L 7613491
40 $6,873.08 P/L 987654231

The profits are gross (before commission and swaps)

Have asked FxSensation support where all the magic 0 trades came from as the normal source of a 0 magic trade is a manual trade. Have attached the account in excel format, sorted as per magics then tickets.

Attachments:


FxPhil
Oct 22 2013 at 09:24
88 posts
mcymcy posted:
Here's my test with a real account: Leverage 1:500, S1,S2,S3=TRUE, Agressive mode=10, Risk=0.5

https://www.myfxbook.com/members/mcymcy/mcy-fs/729251


That account starts 15 Oct 2012 and ends before this EA was released???????
Maybe check the link address?

BTW S3_Aggressive is a Boolean variable, ie can be set True or False. It can't be set to a number (10) as you indicated you did???

mcymcy (mcymcy)
Oct 22 2013 at 09:28
270 posts
Sorry. That's an old account.
I started the ea on the account yesterday.
Only forex sensation EA will work from now.
You can check the orders from here.

FxPhil
Oct 22 2013 at 10:01
88 posts
All accounts are run at Risk = 0.2.
Between the brokers is a big spread difference.
FxOpen is normally the smallest spread, with FxChoice the widest spread.
That the EA did so well on FxChoice is amazing as it has 4 - 6 times wider spreads that FxOpen does

Typical spread order on EURUSD
InstaForex Eurica (fixed 0.0 spreads)
FxOpen 0.2
FxPig 0.4
Tallinex 0.6
FxChoice 1.2

togr (togr)
Oct 22 2013 at 10:59
4862 posts
Even if the results are genuine the EA sucks.
Why?
It opens large trades like 4 lots on small account. Just taking couple of pips like 6-10 pips.
If couple of those trades go wrong it will wipe the account out.
And it would happen soon or later.

FxPhil
Oct 22 2013 at 11:13
88 posts
togr posted:
Even if the results are genuine the EA sucks.
Why?
It opens large trades like 4 lots on small account. Just taking couple of pips like 6-10 pips.
If couple of those trades go wrong it will wipe the account out.
And it would happen soon or later.

Not so.
The EA uses a dynamic close technique.
Have watched it happen / work.
Never seen a trade close at the original TP or SL.

investea
Oct 22 2013 at 14:29
18 posts
Just setup an account for the EA, it's currently trading, I hope you'll start to see history in few minutes.
I've start with 100$ in the account :

https://www.myfxbook.com/members/investea/forexsensation-default-real-fxchoice/730020

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