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Funnel Trader IC (By ryang123 )

Gain : +463.61%
Drawdown 86.76%
Pips: 9100.7
Trades 8039
Won:
Lost:
Type: Real
Leverage: 1:200
Trading: Automated

Funnel Trader IC Discussion

ryang123 (ryang123)
Oct 05 2017 at 13:55
85 posts
Hello

I was on vacation and forgot to add funds to the account before I left. I keep it low just to avoid any potential flash crash like the GBP in October 2016 or the CHF in January 2015. If that happens, at least I would only lose a small portion of my trading capital.
The other issue is the way myfxbook does the calculation it makes it look like I lost much more than I did. It's best to look at the profit, not the growth. The growth calculation is messed up because I withdraw and deposit a lot. The robot was in the biggest drawdown it ever had and because I forgot to add money, it stopped me out for about $500. Overall, since 11/16 this account was up 2200 and I lost the 500 so it's now up about 1800 I believe. Still a great return on my 4000 investment.

Choose a good reputation over great riches (PROVERBS 22:1)
EAgreat
Mar 11 2018 at 18:02
56 posts
Hi, Ryan,

Your account gained 140.85% in February! Did you run into DD problem? How did you solve it?

Thank you for advising.

Best,

Jim

roggerladislau (roggerladislau)
May 29 2018 at 06:06
11 posts
Hello Ryan !

Have you lost money with the robot?

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ryang123 (ryang123)
Jun 02 2018 at 03:55
85 posts
No. Its a bad calculation from myfxbook. I was on vacation and forgot to deposit more margin before I left. The system went into a drawdown while I was away (of course) and I was stopped out on a few positions. I quickly deposited money when I found out but it was too late.
I am consistently withdrawing profits from this system. Once in a while I have to deposit more margin as it can go into large drawdowns but its normal. Great system overall.
 I just created a system that trades 15 pairs. Its did quite well for me in testing so I'm running it live. So far so good! I'll put it up here asap on myfxbook. Just switched accounts with it now so it will be a newer account so all results will be from scratch.

Choose a good reputation over great riches (PROVERBS 22:1)
ryang123 (ryang123)
Jun 02 2018 at 03:58
85 posts
EAgreat posted:
Hi, Ryan,

Your account gained 140.85% in February! Did you run into DD problem? How did you solve it?

Thank you for advising.

Best,

Jim

I had a drawdown problem when I was away on vacation because I forgot to check to see if my account had enough funds. But I fixed it. Only way to avoid any issues with this one is to make sure it has enough funds. 4k min. Really 5k but 3-4 would work for high leverage brokers like IC Markets.

Choose a good reputation over great riches (PROVERBS 22:1)
roggerladislau (roggerladislau)
Jun 03 2018 at 06:56
11 posts
ryang123 posted:
No. Its a bad calculation from myfxbook. I was on vacation and forgot to deposit more margin before I left. The system went into a drawdown while I was away (of course) and I was stopped out on a few positions. I quickly deposited money when I found out but it was too late.
I am consistently withdrawing profits from this system. Once in a while I have to deposit more margin as it can go into large drawdowns but its normal. Great system overall.
 I just created a system that trades 15 pairs. Its did quite well for me in testing so I'm running it live. So far so good! I'll put it up here asap on myfxbook. Just switched accounts with it now so it will be a newer account so all results will be from scratch.


Thanks Ryan for your answer! I am really amazed with that system, just look my results in two weeks.

Attachments:


ryang123 (ryang123)
Jun 03 2018 at 12:49
85 posts
It really is brilliant. The past month was one of my all-time best. Just remember to keep more $ on hand because it will eventually go into a deep drawdown that seemingly never ends and will require up to 5k margin.. The market always retraces so I never worry bout it anymore.
Are you using different settings or stock? I have only tried stock settings so far but I'm planning on bumping it. I know a guy who uses a 200+k account with this system so it is possible to have some serious coin invested with it.

Choose a good reputation over great riches (PROVERBS 22:1)
incometrader (incometrader)
Jun 14 2018 at 15:23
157 posts
Hi Ryan. What risk setting do you use? I tried the free version with AVA trade but blew my 1K account. I'm thinking of buying it to use on my broker IC Markets, but I'm concerned about the drawdown. Did you have the risk up high when you had large drawdowns?
Thanks.

roggerladislau (roggerladislau)
Jun 15 2018 at 07:02
11 posts
incometrader posted:
Hi Ryan. What risk setting do you use? I tried the free version with AVA trade but blew my 1K account. I'm thinking of buying it to use on my broker IC Markets, but I'm concerned about the drawdown. Did you have the risk up high when you had large drawdowns?
Thanks.


Hello Vader FX

Use a cent account with 1:500 leverage

It works great with $150 and above!

Continue to deposit money untill you got $5000k usd, so after that you can invest more and more money with defaut settings on ecn account. :)

Copy settings on Attachments.

Attachments:


RoboFX123 (RoboFX123)
Jun 15 2018 at 10:07
82 posts
roggerladislau posted:
ryang123 posted:
No. Its a bad calculation from myfxbook. I was on vacation and forgot to deposit more margin before I left. The system went into a drawdown while I was away (of course) and I was stopped out on a few positions. I quickly deposited money when I found out but it was too late.
I am consistently withdrawing profits from this system. Once in a while I have to deposit more margin as it can go into large drawdowns but its normal. Great system overall.
 I just created a system that trades 15 pairs. Its did quite well for me in testing so I'm running it live. So far so good! I'll put it up here asap on myfxbook. Just switched accounts with it now so it will be a newer account so all results will be from scratch.


Thanks Ryan for your answer! I am really amazed with that system, just look my results in two weeks.


It is not bad calculation myfxbook. Funnel Trader is martingale strategy and that's why it happened. Just look at history.

Attachments:


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