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FX Rogue Wave - Live (By ibthescottyb )

The user has deleted this system.

FX Rogue Wave - Live Discussion

ibthescottyb
Oct 16 2011 at 22:49
407 posts
I look at my Forex Account like some poeple look at their stock portfolio.

One Pair+1 Strategy= 1 Investment (or one set).

Currently I am running Million Dollar Pips. Default settings but grouped to keep communication times down. .5% Risk
FOR MORE INFORMATION
https://mdpips.hop.clickbank.net

I am also running Forex Combo with my own set file and moderator EA
FOR MORE INFORMATION
https://www.plimus.com/jsp/redirect.jsp?contractId=2860408

Here is the link for my broker (50% Deposit Bonus)
https://www.hotforex.com

I just added Forex Cash Multiplier to my LIVE account. FOR MORE INFORMATION - https://www.plimus.com/jsp/redirect.jsp?contractId=3048440

I just added Point-Click-Pips to my LIVE account. FOR MORE INFORMATION:
https://www.plimus.com/jsp/redirect.jsp?contractId=3058052
ibthescottyb
Oct 20 2011 at 23:58
407 posts
Interesting day today. Last night the EURUSD had a 125 pip spike seen on the 1m and 5m charts. This caused several orders in play for Forex Cash Multiplier and Forex Combo to close at SL causing almost 250 pips in loss. However MDP (which likes market spikes) picked won 94 pips on this spike. This morning, the account was down about 150 pips. By the end of the day Forex Cash Multiplier had made back all but 6 pips.

This is the first loss the account has seen in 12 days, this being the 13th day (kinda of spooky).
ibthescottyb
Oct 21 2011 at 00:03
407 posts
Point Click Pips opened its first trade last night. Jury is still out as the trade is still open. Only one trade in a week is nothing like the developer website shows (what a surprise). It will probably be heading to the refund pool soon. Thank goodness for clickbank!
ibthescottyb
Oct 21 2011 at 00:45
407 posts
Results for 10/20/11 - in Pips Only

Forex Combo -147
Million Dollar Pips +94
Forex Cash Multiplier -53.7
Point Click Pips 0
ibthescottyb
Oct 21 2011 at 02:56
407 posts
Point Click Pips just closed it's first trade for -8.9 on a sell. Then opened a BUY. We'll see where it goes.
ibthescottyb
Oct 21 2011 at 12:54
407 posts
Ick, FCM had a couple losses overnight. Both in the same pair for -100 in EURCHF. USDJPY just closed it's two trades with a -50 and a +30. Never a good thing to wake up to. The trade PCP opened last night is in drawdown, thus far I am not impressed with that one. We'll see if we can recover before market close today.
ibthescottyb
Oct 21 2011 at 13:09
407 posts
MDP Just had a little trade 1 order - min size. -4 pips.
ibthescottyb
Oct 21 2011 at 23:27
407 posts
Not a happy ending to this week. 10/21/11

FXC 1= +21.6 pips
FXC 2= -34.2 Pips
MDP = -4 Pips
FCM = -92.9 Pips
PCP = -8.9 Pips

Net Loss Today -118 Pips Down right icky
ibthescottyb
Oct 22 2011 at 16:23
407 posts
Made a major change to the overall account today.

Added CompuForex Stop Loss control to ALL bots. I have witnessed on too many occasions a bot being accurate of placing an order, however the market only moves so far, then reverses catching a SL.

My theory is to see if having many more trades close with smaller gain may outweigh the losses incurred when a trade enters and reverses for SL. I have seen this happen many times in Forex Combo (especially strategy 2).

To counter the overall account health by limiting the large wins, I have adjusted all robots to a higher TP. Basically allowing the market to do what it wants (it will anyway) and capitalizing on the movements.

The Trailing Stop EA has worked VERY for me and can be found here...

https://www.donnaforex.com/forum/index.php?topic=3193.0
ibthescottyb
Oct 24 2011 at 23:36
407 posts
Had a nice recovery from Friday.

Forex Cash Multiplier won 179.7 pips today with Forex Combo 1 picking off a couple small trades for a 10 pip gain. I noticed another individual running Forex Cash Multiplier today that had about as many trades but they had several losses where I did not. I can only assume the Stop Loss EA I am using was able to catch them before they went negative.

Overall A good day.

No trades for MDP.
jsintl
Oct 25 2011 at 01:46
155 posts

   ibthescottyb posted:
   Made a major change to the overall account today.

Added CompuForex Stop Loss control to ALL bots. I have witnessed on too many occasions a bot being accurate of placing an order, however the market only moves so far, then reverses catching a SL.

My theory is to see if having many more trades close with smaller gain may outweigh the losses incurred when a trade enters and reverses for SL. I have seen this happen many times in Forex Combo (especially strategy 2).

To counter the overall account health by limiting the large wins, I have adjusted all robots to a higher TP. Basically allowing the market to do what it wants (it will anyway) and capitalizing on the movements.

The Trailing Stop EA has worked VERY for me and can be found here...

https://www.donnaforex.com/forum/index.php?topic=3193.0


Hi there!

Do you use general settings for all EAs being controlled by this compurex trailing ea?

Brgds,
ibthescottyb
Oct 25 2011 at 01:55
407 posts
Currently, I have it loaded on one chart.

It is running on all EA's with same settings.

15 Pip Starting point
62% Trail
Using Exponential Decay rate of .5
10 Minute wait

Hope this helps.

ibthescottyb
Oct 26 2011 at 01:33
407 posts
FXC 1 = 15.5 Pips
MDP = 5.1 Pips
FCM = 40.5 Pips

Not a bad day
tenix
Oct 26 2011 at 07:31
19 posts
I'm running mdp, and so far doing well. Let me know how the stop loss thing works for you.
ibthescottyb
Oct 26 2011 at 13:34
407 posts
Hi Tenix,

So far, MDP hasn't gotten above 15 pips to trigger it. But if it does, I will be posting it here. Thanks for stopping by.
ibthescottyb
Oct 26 2011 at 23:36
407 posts
A very nice day today.

FCM +84.8 pips
FXC2 +48.3 Pips
MDP our loser to today with -5.5 pips.
PCP is still in drawdown on it's last trade from almost a week ago. No other trades have opened. I requested clarification from the developer, but no reply as yet.
ibthescottyb
Oct 27 2011 at 12:25
407 posts
Removed Point Click Pips from live account - Website alludes to multiple trades per day across four pairs. Only one pair has opened 2 trades since starting over a week ago. Not saying it is bad EA, just doesn't match my trading style and vendor does not reply to queries with suitable answers. That plus a vague website leaded me to remove it.

So far, I am happy with the other 3 - MDP, Forex Combo, and Cash Multiplier.

HotForex servers always seem to go down when there is a large spike. I don't think anything fishy is going on, perhaps too many trades on that server due to MDP and they are too small to handle it.

I will be leaving the bulk of my account there but moving MDP to IBFX soon. We will see how well HF does with withdrawals.
ibthescottyb
Oct 30 2011 at 18:45
407 posts
New week. Not sure what happened at HotForex. From what I can tell, they have added a 2nd Europe server. However, on my MT4 platform, all history is gone and All orders that were in play on Friday were closed as if they didn't exist.

With no history, I am concerned as to what will happen with MyFXbook charts.

I have sent an email to support at Hotforex. And it will be interesting to see their reply.
tenix
Oct 31 2011 at 11:57
19 posts
Ya I'm planning on moving away from HotForex. Even with vps, I am seeing execution times of 3000ms sigh. I'm from the USA so hopefully FinFx works for me? No idea.

Glad to see you're up today. Keep me updated on what EAs are the best. I would love to trade strategies and information with you :P
tenix
Oct 31 2011 at 11:57
19 posts
Gosh, Forex Combo is 300 USD. I might need to make that money on a live account first before dropping anything.
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