Vogon Forex EA (By forex_trader_161295)
The user has deleted this system.
Vogon Forex EA Discussion
Nov 24, 2014 at 23:33
567 Views
7 Replies
forex_trader_21787
Member Since Nov 02, 2010
99 posts
Dec 05, 2014 at 05:36
It looks like your EA has increased the open trade draw down to an unacceptable 49%. Your results looked so good up till a few days ago when we saw this huge draw down, and this leads me to believe that it will happen again and maybe at a much larger percentage than what we have seen so far.
I have seen many Robots come and go over the last few years, and its the same old story, it does well for a while then the draw down shoots up to such a high risk level, that no one will want to take such high risks.
I have seen many Robots come and go over the last few years, and its the same old story, it does well for a while then the draw down shoots up to such a high risk level, that no one will want to take such high risks.
Member Since Dec 04, 2010
1557 posts
Jan 02, 2015 at 01:40
Hey pipsquick, I notice the drawdown figure is displaying as 54% now, but when you click on the drawdown graph the highest bar I can see is just over 30% and it was for 1 day, so recovered quickly not a sustained period of drawdown. I wonder where the 54% comes from, unless it's a cumulative figure of all the drawdown bars added together, do you know? confused here.
Jan 02, 2015 at 16:11
Hey Matt you're here as well, this looks better than Magnus IMO, as the SL of 170pip is in place for each trade. And, it doesn't piss into the wind by holding long positions on the Euro! All trades are in the direction of the trend :) I have asked vendor what determines whether it only shorts or longs?
There's another Vogon account set up using real money, 3 days old 77% gain, obvs very lucky, but a step in right direction.
There's another Vogon account set up using real money, 3 days old 77% gain, obvs very lucky, but a step in right direction.
Member Since Dec 04, 2010
1557 posts
Jan 03, 2015 at 12:23
Yes Davey I am tracking that account also and I notice if it the one I think you mean he's purchase MDP Magnus and also Rev Trader Pro all eas (except MDP) I am looking at purchasing to spread risk. Will have to take a closer look in excel trade by trade of Magnus plus this one.
Member Since Dec 04, 2010
1557 posts
Jan 03, 2015 at 12:39
I do like it holds far few trades open when compared with Magnus and use of a hard SL for each trade. I can't work out the lot sizing logic the range of lot sizes on this account is huge lucky the two times it hit full SL on 26th November it was only 0.01 of a lot on both occasions.
Member Since Dec 04, 2010
1557 posts
Jan 03, 2015 at 12:41
Davey posted:
Hey Matt you're here as well, this looks better than Magnus IMO, as the SL of 170pip is in place for each trade. And, it doesn't piss into the wind by holding long positions on the Euro! All trades are in the direction of the trend :) I have asked vendor what determines whether it only shorts or longs?
There's another Vogon account set up using real money, 3 days old 77% gain, obvs very lucky, but a step in right direction.
Davey I see the account at forex peace army has crashed and burned so this one is off my list https://www.forexpeacearmy.com/metatrader_expert_advisor/vogon_forex_ea/real
Jan 03, 2015 at 21:56
Yeah cheers Matt. This only opens short positions according to the vendor, and Friday was a strong day for the USD, hence the amazing results. But the lot size is massive on the other smaller Adaninvestment Vogon account, if one of those trades went wrong that would be the end of the account. Hopefully they improve it by adding a drawdown stoploss parameter or something.
In other news I'm happy with RevTP and moment, it seems very stable in comparison. Thinking about BlueMonkey but it's just a complete flip of the coin!! Magnus would be good if they used fixed risk reward of 1:1 ratio, but the refusal to close the open positions is getting worse by the day, be finished shortly. You got any other EA's?
In other news I'm happy with RevTP and moment, it seems very stable in comparison. Thinking about BlueMonkey but it's just a complete flip of the coin!! Magnus would be good if they used fixed risk reward of 1:1 ratio, but the refusal to close the open positions is getting worse by the day, be finished shortly. You got any other EA's?
Member Since Dec 04, 2010
1557 posts
Jan 05, 2015 at 04:18
Wow this account has dropped 74% in a day! crazy risk trading 10 lots. Davey I think I am going to purchase Rev Trader seen nothing but good results from it. will PM you
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.
