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WFL031D (CollectiveFx) (By Wallace )

The user has made his strategy private.

WFL031D (CollectiveFx) Discussion

Wallace
May 11 2010 at 14:51
86 posts
A new system with impressive result 😎

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Wallace
May 13 2010 at 22:56
86 posts
Any traders interested in trading this system?

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Elkart
Elkart (Elkart)
May 13 2010 at 23:12
941 posts
Wallace.

It's pretty obviously a load of dwang. Lost 92% of it's value at some point, open trades are locked and so on. Just spam really that spoils the website for the rest of us.



Wallace
May 14 2010 at 00:45
86 posts
Ok, I unlocked the open trades now for sake of transparency. We have nothing to hide though 😞. May be you will see this account got swiped out soon 😉

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Clearpaper
May 20 2010 at 20:11
95 posts
Hi Wallace,

Why do you say that this account might get swiped out soon? Doesn't look like a Martingale.

Did you just introduce the USDCAD and USDCHF pairs? All the floating losses are from them. The closed AUDUSD, NZDUSD, and USDJPY trades look good.

Clearpaper
May 20 2010 at 20:33
95 posts
What the heck am I saying, it's 4:20am and getting zoned out.

Took a look at the floating losses again and it is a Martingale.

I see some gradual decrease in lotsize for later positions and also increase in distance. Could you share the calculation logic and rationale behind it?

The max position is 10? Any final stop-out point?

Thanks for sharing by the way.

Wallace
May 21 2010 at 00:29
86 posts
Hi Clearpaper,

Thanks for your message. When I said this account might get swiped out soon, I didn't really mean that 😄. I just mean't that we didn't intend to hide anything even if the performance of the system is not good.

This is a private EA developed by our partner which adopts grid trading strategy (it is not a martingale EA). It is a trend based EA and has unique money management strategy to control the risk and recover losses in unfavorable market condition.

It is not for selling but only for managed our clients' accounts. It is under final testing stage. You can also find another demo test in myfxbook here:

https://www.myfxbook.com/members/Wallace/WFL029D/28110

Cheers,

Wallace


Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Wallace
May 23 2010 at 14:11
86 posts
The recent fluctuation in EUR and the financial market has provided us a good chance to test the sustainability of this EA 😐
 

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Robert
robw135 (robw135)
May 31 2010 at 15:09
140 posts
Bottom Line is, its still a DEMO which just shows how much faith you have in your system.

Wallace
May 31 2010 at 15:29
86 posts
We admit that our funding is not sufficient for performing real test. However, we still have confidence on this system.

Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
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