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FxPapa Expert Advisor (By FxPapa)

The user has deleted this system.

FxPapa Expert Advisor Discussion

Nov 26, 2011 at 18:49
36,577 Views
613 Replies
Member Since Nov 11, 2010   20 posts
Dec 05, 2011 at 13:56
Hello fxpapa

is this System another Grid ?

Best Regards
donald
Stay in Business
Member Since Nov 26, 2011   136 posts
Dec 05, 2011 at 19:19
Dear Donald

This is not a Grid Trader. The Max open orders are 3. The EA only trades on a one Symbol at the same time.

Regards
Member Since Nov 11, 2010   20 posts
Dec 05, 2011 at 21:54
Thank you for your Answer,

is there a way to test the ea?. I know, as a little ea programmer, the price is relative.
I want to know the parameters in the ea, to backtest other settings, to performe other risk level etc.

have you a trial version or something like that ?

i have no problems to buy an ea, but i think you know what i mean, buy the cat in the sack is not my goal.

And yes, i know, i can lost my money in a forex account. but it is different in 1 month or 3 years....

Best Regards,

Donald
Stay in Business
Member Since Nov 26, 2011   136 posts
Dec 06, 2011 at 07:24
Dear Donald

Please contact directly to our support. Use the contact page on our website.

Regards
Member Since May 24, 2010   371 posts
Dec 06, 2011 at 18:42 (edited Dec 06, 2011 at 19:04)
Typical grid EA with just 2 year backtest. You can make a backtest since 1999? Thanks

PS: A good grid EA has at least 10 years backtest.

PS2: The Same Vendor like : https://www.cyber-forex.com

PS3: Purchase is through PayPal, so a refund is out of the question.
ForexScam
forex_trader_32776
Member Since Mar 28, 2011   1008 posts
Dec 07, 2011 at 04:05 (edited Dec 07, 2011 at 04:05)

   Jarora posted:
   Typical grid EA with just 2 year backtest. You can make a backtest since 1999? Thanks

PS: A good grid EA has at least 10 years backtest.

PS2: The Same Vendor like : https://www.cyber-forex.com

PS3: Purchase is through PayPal, so a refund is out of the question.

I bookmarked Cyber-forex at it's launch and I wrote a short review on the system here - https://www.pipinvestment.com/Menu/1238

Fxpapa.com and cyber-forex.com sure look like the same website and similar trading style as well.

However, maybe this account will keep on going.

Best luck with this Version.

Here's the original - https://www.myfxbook.com/members/Cyber_Forex/cyber-forex/128885
Member Since Dec 01, 2011   95 posts
Dec 07, 2011 at 10:31 (edited Dec 07, 2011 at 10:32)
They are the same Owners. It's Normal for some System Makers to try different Brand Names And Websites on the same or Similar system. we use 2 sites as well.

Whois record for fxpapa.com Created on Jun. 22, 2011 and Expires on 16-Sep-2012

Canadian Address


Whois record for cyber-forex.com created on 16-Sep-2010 and Expires on Jun. 22, 2012


Canadian Address


Member Since May 24, 2010   371 posts
Dec 17, 2011 at 20:51
Check out the backtest properly. Vendor clear results in backtest.

142 2010.05.06 00:25 close 71 0.37 1.28377 0.00000 0.00000 35.67 2489.54
143 2010.07.08 07:04 buy 72 0.37 1.26454 0.00000 0.00000
144 2010.07.08 08:12 close 72 0.37 1.26555 0.00000 0.00000 37.37 2526.91

658 2011.06.09 02:07 close 329 9.30 1.46168 0.00000 0.00000 930.00 62914.67
659 2011.09.25 22:10 buy 330 9.44 1.35230 0.00000 0.00000
660 2011.09.25 23:38 close 330 9.44 1.35332 0.00000 0.00000 962.88 63877.55
Member Since Nov 26, 2011   136 posts
Dec 18, 2011 at 07:46
Dear Jarora

We have used IBFX AU Real Tick Data for the back test. It misses some months. We will publish new back tests soon on our website.

Thanks for your attention.

Regards
Member Since May 24, 2010   371 posts
Dec 23, 2011 at 06:48
I think the 10-year backtest will not. Otherwise there would have been.
Member Since Jun 15, 2011   270 posts
Jan 04, 2012 at 11:18
It's going well....
Member Since Jun 11, 2010   32 posts
Jan 09, 2012 at 00:17
hi, nice perf so far. why fxPAPA? is it an acronym? what does it stand for?

cheers
Member Since Nov 26, 2011   136 posts
Jan 09, 2012 at 12:31

   richdad711 posted:
   hi, nice perf so far. why fxPAPA? is it an acronym? what does it stand for?

cheers

Hi, Thanks for your attention.

Well... nothing special.
Member Since Jun 15, 2011   270 posts
Jan 10, 2012 at 21:18
Very good profit factor. We'll see that how the success continue like that. I hope to buy, but I'm worried that this can be resemble to cyber...
Member Since Feb 18, 2010   19 posts
Jan 11, 2012 at 01:00
Papa can you address these questions? Why will papa NOT blow up like Cyber?
Member Since Nov 26, 2011   136 posts
Jan 11, 2012 at 07:31
Dear Walt

They are completely different.

FxPapa may trades 24 hours a day but Cyber Forex only trades on Asian Session.

FxPapa Trades on EURUSD and GBPUSD but Cyber Forex trades only on EURUSD.

FxPapa never increase lot size but Cyber Forex triple the third's trade lot size.

The entry rules are completely different.

And there are more difference between them if you compare the histories.

Best Regards
Member Since May 24, 2010   371 posts
Jan 11, 2012 at 09:13
Forex Cyber ​​only 1 year backtest and account is blow. FxPapa only 2 years backtest and whether it will blow is questionable. I'm still waiting for the promised 10 backtest. Where is it? Customers are not stupid!!!
Member Since Jun 11, 2010   32 posts
Jan 11, 2012 at 10:34

   FxPapa posted:
   

   richdad711 posted:
   hi, nice perf so far. why fxPAPA? is it an acronym? what does it stand for?

cheers

Hi, Thanks for your attention.

Well... nothing special.

i would have thought it's an acronym, i have good one for you though...
walker36
forex_trader_36599
Member Since May 13, 2011   1341 posts
Jan 11, 2012 at 11:15
2 years BT result. I guess this is coded in 5 min or so.
Member Since Feb 18, 2010   19 posts
Jan 11, 2012 at 11:36
Thank you for the explanation, that makes sense. I personally dont need more than a 2 year backtest, and prefer to look at the forward test results of a few months to see the characteristics of the EA. Looks good so far, I may buy it.


   FxPapa posted:
   Dear Walt

They are completely different.

FxPapa may trades 24 hours a day but Cyber Forex only trades on Asian Session.

FxPapa Trades on EURUSD and GBPUSD but Cyber Forex trades only on EURUSD.

FxPapa never increase lot size but Cyber Forex triple the third's trade lot size.

The entry rules are completely different.

And there are more difference between them if you compare the histories.

Best Regards
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