RoboSniper 1x Risk Standard (By FxMasterGuru)
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RoboSniper 1x Risk Standard Discussion
Member Since May 04, 2012
1608 posts
Sep 09, 2016 at 07:16
(edited Sep 09, 2016 at 07:16)
Member Since May 04, 2012
1608 posts
Thanks, Magixs! The next few months' will show this strategy's strengths and weaknesses.
Main goal of keeping SL <1% per pair day has been successful so far.
'Take care of your losses and your profits will take care of themselves.' - A. B. Hostetter
Main goal of keeping SL <1% per pair day has been successful so far.
'Take care of your losses and your profits will take care of themselves.' - A. B. Hostetter
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Sep 09, 2016 at 07:19
(edited Sep 09, 2016 at 07:19)
Member Since Jul 08, 2014
435 posts
FxMasterGuru posted:
Thanks, Magixs!. The next few months' will show this strategy's strengths and weaknesses.
Main goal of keeping SL <1% per pair day has been successful so far.
'Take care of your losses and your profits will take care of themselves.' - A. B. Hostetter
If you stick to the 1% SL and honour it, you should grow a nice following.
Keep at it
Member Since Dec 04, 2010
1557 posts
Oct 27, 2016 at 04:40
Member Since Dec 04, 2010
1557 posts
This looks great. Keep it up. You are one of the few guys on this forum I respect and vouch for, always pointing out scams etc. If you need another tester let me know:)
Member Since May 04, 2012
1608 posts
Oct 27, 2016 at 05:12
Member Since May 04, 2012
1608 posts
Thanks, Ozzie! Appreciated. 😄
Actually the results look even better than expected. At least for now. Based on the backtests some 'less favorable' periods might come sooner or later.
Actually the results look even better than expected. At least for now. Based on the backtests some 'less favorable' periods might come sooner or later.
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Member Since Dec 04, 2010
1557 posts
Oct 27, 2016 at 07:42
Member Since Dec 04, 2010
1557 posts
with those backtests, can you judge weather it was during trending or ranging markets, i.e.could you manually turn off the EA during periods of ranging or trending markets (which ever isn't good for the EA)? I would love to find a good scalper. cheers
Member Since May 04, 2012
1608 posts
Oct 27, 2016 at 15:40
Member Since May 04, 2012
1608 posts
maxtraderea posted:
morning it had a name ForexBankEA
Someone has informed me that there used to be a commercial strategy on MyFxBook called 'ForexBank EA'. My live accounts have no relationship to that EA, whatsoever,. I have never even heard of that EA before, and it was simply a coincidence.
So, to avoid potential confusions and misunderstandings I decided to change the MyFxBook name of my live ACCOUNTS to RoboSniper.
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Member Since Feb 22, 2011
4862 posts
Oct 27, 2016 at 17:08
Member Since Feb 22, 2011
4862 posts
In any way impressive results.
I am tired of anyone here trying to promote their crappy systems.
Honestly you are the opposite - great system and no self promotion.
Keep it this way my friend.
I am tired of anyone here trying to promote their crappy systems.
Honestly you are the opposite - great system and no self promotion.
Keep it this way my friend.
Member Since May 04, 2012
1608 posts
Oct 27, 2016 at 17:08
Member Since May 04, 2012
1608 posts
aeronthomas posted:
with those backtests, can you judge weather it was during trending or ranging markets, i.e.could you manually turn off the EA during periods of ranging or trending markets (which ever isn't good for the EA)? I would love to find a good scalper. cheers
The EA trades only 3 hours a day, during the last 3 hours before Tokyo Open - i.e. during the PRE-ASIAN session - when ALL markets are closed.
In 5+ years of backtests the EA had a pretty stable performance on all tested 9 pairs, and I would be hesitant to argue with the results by turning the EA off based on my subjective observation of each market (ranging or trending) on a daily basis. What I really like about it is the 'Set and Forget' option.
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Member Since May 04, 2012
1608 posts
Oct 27, 2016 at 17:21
Member Since May 04, 2012
1608 posts
togr posted:
In any way impressive results.
I am tired of anyone here trying to promote their crappy systems.
Honestly you are the opposite - great system and no self promotion.
Keep it this way my friend.
Thanks, Tomas! Your comments are appreciated.
The EA makes enough profits (in %) for me and I have the necessary additional financial background from my daytime job to boost my accounts' funding in a stepwise fashion until I can join your 'Club' and leave my daytime job behind.
The ONLY reason I have not kept my accounts private (although I was seriously considering it) is to demonstrate that the markets still have some inefficiencies which can be harvested by a systematic and disciplined approach.
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Member Since Dec 04, 2010
1557 posts
Oct 27, 2016 at 22:18
Member Since Dec 04, 2010
1557 posts
so when you say the 3 hours before Tokyo opens it trades while Wellington / sydney are open (with the low movements typically experienced due to this time as the major markets, Tokyo, London and New York are all closed. I will keep following this account. Keep it up.
Member Since May 04, 2012
1608 posts
Oct 27, 2016 at 22:22
Member Since May 04, 2012
1608 posts
aeronthomas posted:
so when you say the 3 hours before Tokyo opens it trades while Wellington / sydney are open (with the low movements typically experienced due to this time as the major markets, Tokyo, London and New York are all closed. I will keep following this account. Keep it up.
Yes, correct. Thank you for the clarification.
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Oct 27, 2016 at 22:25
(edited Oct 27, 2016 at 22:26)
Member Since Jun 01, 2015
42 posts
FxMasterGuru posted:togr posted:
In any way impressive results.
I am tired of anyone here trying to promote their crappy systems.
Honestly you are the opposite - great system and no self promotion.
Keep it this way my friend.
Thanks, Tomas! Your comments are appreciated.
The EA makes enough profits (in %) for me and I have the necessary additional financial background from my daytime job to boost my accounts' funding in a stepwise fashion until I can join your 'Club' and leave my daytime job behind.
The ONLY reason I have not kept my accounts private (although I was seriously considering it) is to demonstrate that the markets still have some inefficiencies which can be harvested by a systematic and disciplined approach.
I truly Respect you for that and am sure with your transparency you will be getting big investors investing in you. Most people keep good systems private and nothing is wrong with that, even though its still early to determine that but so far so good.
Also i study all the history and manage to do it manually mix in with another strategy and manage to make 3% LIVE ACCOUNT today due better entry point.
Cheers Mate
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Member Since May 04, 2012
1608 posts
Oct 27, 2016 at 22:34
(edited Oct 27, 2016 at 22:38)
Member Since May 04, 2012
1608 posts
slayeraeb posted:FxMasterGuru posted:togr posted:
In any way impressive results.
I am tired of anyone here trying to promote their crappy systems.
Honestly you are the opposite - great system and no self promotion.
Keep it this way my friend.
Thanks, Tomas! Your comments are appreciated.
The EA makes enough profits (in %) for me and I have the necessary additional financial background from my daytime job to boost my accounts' funding in a stepwise fashion until I can join your 'Club' and leave my daytime job behind.
The ONLY reason I have not kept my accounts private (although I was seriously considering it) is to demonstrate that the markets still have some inefficiencies which can be harvested by a systematic and disciplined approach.
I truly Respect you for that and am sure with your transparency you will be getting big investors investing in you. Most people keep good systems private and nothing is wrong with that, even though its still early to determine that but so far so good.
Also i study all the history and manage to do it manually mix in with another strategy and manage to make 3% today due better entry point.
Cheers Mate
I am glad that you could use the entry points with even more profit. Congratulations!
I keep Open Trades visible and let MyFxBook refresh Open Trades every 5 minutes (instead of every hour), so fellow traders could get some ideas for themselves.
Transparency is a ''byproduct'' as I do not solicit investors; I have enough reserve funds myself to become my own investor should the strategy prove itself on the long run.
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Member Since May 16, 2012
27 posts
Oct 28, 2016 at 07:35
Member Since May 16, 2012
27 posts
Would that be the same ForexBankEA as by NikolayRazgula?
(previously here: https://www.myfxbook.com/members/NikolayRazgula/forexbankea-hedgecorrelation-setlow/1649531)
(previously here: https://www.myfxbook.com/members/NikolayRazgula/forexbankea-hedgecorrelation-setlow/1649531)
Member Since May 16, 2012
27 posts
Member Since Feb 19, 2014
61 posts
forex_trader_370967
Member Since Oct 23, 2016
24 posts
Oct 28, 2016 at 08:41
Member Since Oct 23, 2016
24 posts
arielkorber posted:
Would that be the same ForexBankEA as by NikolayRazgula?
(previously here: https://www.myfxbook.com/members/NikolayRazgula/forexbankea-hedgecorrelation-setlow/1649531)
Yes
Member Since May 04, 2012
1608 posts
Oct 28, 2016 at 10:57
(edited Oct 28, 2016 at 11:08)
Member Since May 04, 2012
1608 posts
Just to clarify again for those who want to know with certainty: This is NOT Nikolay Razgula's ''ForexBank EA'' strategy, and it is based on price action, not 'hedge correlation'.
The initial name identity was a coincidence, which is why this one it is called ''RoboSniper'' now.
P.S. For those who want to see the performance and Trade History of ForexBank EA and compare with this one, I have looked up an account on MyFxBook running ForexBank EA. Here it is:
https://www.myfxbook.com/members/pomauto/forexbankea/1762348
The initial name identity was a coincidence, which is why this one it is called ''RoboSniper'' now.
P.S. For those who want to see the performance and Trade History of ForexBank EA and compare with this one, I have looked up an account on MyFxBook running ForexBank EA. Here it is:
https://www.myfxbook.com/members/pomauto/forexbankea/1762348
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