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ResonanceTraderFX (By BESTFXAutomation)

Gain : +208.94%
Drawdown 40.97%
Pips: 3374.4
Trades 2794
Type: Real
Leverage: 1:500
Trading: Automated

ResonanceTraderFX Discussion

Oct 05, 2009 at 14:08
10 Replies
Member Since Dec 04, 2009   2 posts
Dec 04, 2009 at 22:54
Excellent work! This strategy looks very promising, though I would *really* like to see the balance graph! Too many strategies look good on the growth graph but lousy on the balance graph.
Member Since Oct 05, 2009   10 posts
Feb 04, 2010 at 15:49
Interesting that you should say that. You'll notice that the absolute gain is higher than the gain. This is because funds have been withdrawn from the trading account. Had funds been added to pad the graph, this could not be true.

Since this is a private beta tester account and the owner wishes not to have their balance made public, we will be starting a public account soon so that a public balance may be viewed. This will coincide with our website going live.

This is a fully automated system utilizing both fundamental, and technical analysis. The system uses both technical triggers and economic events for both trade selections and trade avoidance. Margin consideration for trades is internally calculated as if the account has 100:1 leverage.

This graph reflects the full history of ResonanceTraderFX's trading on a live account since it's inception. All bugs, problems and version changes have been recorded and are reflected herein. Please note that the 40% draw down was during the initial testing phase and revealed bugs that are only apparent when moving from testing on a demo account to trading on a live account.
Member Since Dec 04, 2009   2 posts
Feb 04, 2010 at 16:49
What is the URL for your website? I hope there will be more information about this strategy there!
Philippe (Cyrillic)
Member Since Nov 02, 2009   13 posts
Feb 27, 2010 at 04:30
Is this ea for sale, if so could i see more information on it
If it can't be bought its not worth my time...
Wayne (SunnyDays)
Member Since Feb 20, 2010   152 posts
Mar 27, 2010 at 07:40

Hey friends, does anyone know what the status of this EA is? Not seeing many postings here. A web site was mentioned. Does anyone have any info about the progress of this system and whether it will be for sale, etc.
A strategy must significantly profit in a 10 year backtest to have a chance in Live trading - Mine Does!
Member Since Oct 05, 2009   10 posts
Apr 15, 2010 at 16:25
Thank you all for your patience.

 This concludes the 1 year forward test, and the beta account has now been closed. As far as we can tell, 99% of the bugs have been worked out and the neural network optimization integration has been completed. We will be posting the new account shortly, with initial settings of RISK_LEVEL = 2 (default). The balance graph will also be visible. Any setting changes will also be posted to the myfxbook discussion pages for the new account.

 We are expecting the website to go live on June 1 - at the latest. The new account should be up before then and it will be able to be found under this user name, but we cannot guarantee the timing exactly. The website ~should~ also be up when the new account is posted, but again we can make no guarantees. Due to commercial posting restrictions of myfxbook we cannot post the name of the website, but it should be rather easy to guess from our user name.

-BESTFXAutomation Team
Member Since Aug 10, 2009   8 posts
May 21, 2010 at 10:57
Hi there.

Any news about this system?
Member Since Oct 05, 2009   10 posts
May 31, 2010 at 22:45
The website is now up. Also, the new account can be found as ResonanceTraderFX_2, under the list of systems associated with our user name.

-BESTFXAutomation Team
Member Since Feb 16, 2011   1 posts
Feb 16, 2011 at 18:25
does anybody could help how can i see the last two weeks results?


Member Since Jan 07, 2011   1 posts
Feb 21, 2011 at 05:13
I have just loaded this EA onto a demo account, will let you know the results when they appear.
Member Since Aug 20, 2011   588 posts
Mar 11, 2012 at 03:42
hi eraser... so
what's the results? :)
because there is no longer updated results in myfxbook...
the site says 'reputation about a low DD' but the account here display a 40% DD.... not so low ;)
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