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Passive Income Generator (bei Bob LLewellyn )

Gewinn : +75.1%
Drawdown 41.05%
Pips: 7553.4
Trades 2421
Gewonnen:
Verloren:
Typ: Demo
Hebel: 1:200
Trading: Automatisiert

Passive Income Generator Diskussion

EAgreat
Mar 23 2014 at 12:28
56 Posts
Appropriate for USA traders? If yes, please tell me how we can use your system, buy EA, PAMM, signals... Thanks.

Bob LLewellyn (ForexAssistant)
Mar 23 2014 at 17:28
465 Posts
The Passive Income Generator was designed for use on US brokers. It is a quasi no loss program because although the PIG will open several trades over time, a process known as feathering into a trade, they will all close at once. When they close, there may be a loss or two but the total will always be for profit.

The passive income generator is a stand alone system that can be down-loaded free and used on your brokers demo account for as long as you like until you are happy with your program. To purchase or down-load go to TheSafeInvestor.com For general theory and operational nuances go to our research site at Forex-Assistant.com

If you have any questions, please feel free to ask them here, I'll do my best to answer them.

Bob


where research touches lives.
EAgreat
Mar 24 2014 at 08:07
56 Posts
Thanks Bob. Received the demo testing download and read the manual. So I use AUDCAD only right? Will any timeframe be ok or I must use a particular timeframe? Thanks.

Bob LLewellyn (ForexAssistant)
Mar 24 2014 at 09:28
465 Posts
Time frame is not important as there is no indicators to play off of the time charts. The Aud/Cad has a fair amount of up and down movement while keeping the total trading range low. You can put the program on other currency pairs but I would start with the aud/cad until I got a nice long look at the other pair to see how it operates. You want lots of up and down and not too much of big jumps away from center.

By the way, if you have any suggestions to make learning these programs easier, we would be sure glad to hear them.

Bob


where research touches lives.
EAgreat
Mar 24 2014 at 20:53
56 Posts
Thanks Bob. I will first backtest PIG on AUDCAD H1 to get a feel, then do demo with FXCM. While reading the manual I have the feeling that you are saying that even with setting 1 "no loss" cannot be guaranteed, right? That must be true because any investment involves risk so people with some retirement money for forex should at least have several baskets like PIG but not all in PIG. I may be wrong. Thanks.

EAgreat
Mar 26 2014 at 07:39
56 Posts
Hi, Bob,

I just completed backtesting on AUDCAD H1 from 2000 to 2013 with an initial balance of $12500 showing a net profit of $19711, a simple APR increase of 7%. Backtest does not include swap which always totals to a negative number. Also, when we try to close all positions in a basket, for many reasons they are not all closed at the same time and when they are finally all closed the prices have moved a little against us making our profit less. Then there is the investment for PIG EA of $495. We should not expect a 15% APR for SafeSetting of 1, right? I will try SafeSetting 3 and 5 to see if I can get an APR of 15%. Thanks.

Anhänge:


EAgreat
Mar 26 2014 at 07:42
56 Posts
Hi, Bob,

I just completed backtesting on AUDCAD H1 from 2000 to 2013 with an initial balance of $7500 showing a net profit of $16830, a simple APR increase of 8.77%. I will try SafeSetting 5 to see if I can get an APR of 15%. Thanks.

Anhänge:


EAgreat
Mar 26 2014 at 07:42
56 Posts
Well! When SafeSetting 3 (balance 7500) starts on 07/27/08, the account crashed, because there was no time to collect wins to increase balance to cover the 13 level range, right?

Anhänge:


Bob LLewellyn (ForexAssistant)
Mar 26 2014 at 09:21
465 Posts
You're working on back test? I could never get reasonable back-tests results. I have forward demo test to compare to and starting at the same place my forward test did, the back-tests always missed and by a fair margin. The only thing I can guess at is there may be missing data to cause the differences. I do not use back-tests, I don't trust them and don't believe when others show me their back-test for something. I have 7 years of dealing with them, and still haven't found them trustworthy.

That said, I can tell you why this one won't back-test. Normally the take profit is calculated but the PIG uses a different way to handle the changing daily swap. It calculates the expected profit internally and only closes when the profit is at least that calculated amount. Back-tests don't have any way to know what the profit is at any any given point, so it will close some trades but not others and so on.

The only way to test the Passive Income Generator is to put it on a demo and watch it. Watch the draw-down, watch how it closes the trades. While you are testing the system, you will also be learning about the system and every investors friend, patience. I'm not in any hurry to get your money, take your time and 'learn before you earn'.

The PIG account above was begun on July 1st 2013 and as of today (3/26/14) it is up 20.28% rounding up to 9 months of trading, comes to 2.25% a month on average. Just out of curiosity, why not run a B-T on the aud/cad July 1st 2013 to present and compare the data from the forward test to the back-test. You stand the best chance of good data if your just looking back one year, or less as the case is here.

I need to take some down time. If I don't get back with you as quickly as you deserve, I hope you can forgive me.

You can also get questions answered by e-mail if you send them to support@thesafeinvertor.com What Mary doesn't know, she knows how to find out.

Good luck with your testing.

Bob

where research touches lives.
EAgreat
Mar 26 2014 at 12:13
56 Posts
Hi, Bob,

Thank you for replying. You must be right about backtesting and you are absolutely right about SafeSetting 5: scary! See attached. Forward testing takes a long time but there is no way around it in the case of PIG. You are right: patience. I will next set up a demo account and let it run for sometime. Thanks for the explanation that helps me understand PIG better.

Anhänge:


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