Funnel trader could very well be the greatest system created ever. It's hard to believe a grid system this simple could do this well. Drawdown can get annoying at worst. All you have to do is monitor your system and add funds when drawdown gets high. Lately it's been doing extraordinary. I went to sleep last night with a drawdown and woke up today with a good size profit.
Could not agree more Ryan. The balancing of the pairs, and how it escalates the trades into trends and counter to trends, while not being over aggressive with the lots increase, seems to allow it to always survive and come out on top. Possibly Fibo in its processing in some way.
If anyone is wondering if the published account is valid, it is. My trades closely match that of the published account. Follow the recommendations for the lots in the documentation when you start, best to begin with $5000, and then sit back and enjoy the ride. At times the basket can be open for a while, but the logic has always worked to close in profit.
I got the same slight DD (5%) turned nice profit. Seems this system is not too broker or spread sensitive which is nice to see.
I'm seeing a possible large move south for most JPY pairs which effects funnel. Make sure your accounts are prepared with enough funds to cover a large move if you have open a long basket (short eurusd). I made this mistake once and never again! Got stopped out overnight when I was away on vacation. Need to keep a good amount of funds handy for drawdowns.
roggerladislau, please check the Manual. The EA only requires to be on one EURUSD/M15 chart, even though it opens trades on 5 pairs. Give it enough time open trades and confirm the chart shows 'Funnel Trade is Activated and Operating', with a :-) on the top right corner.
davidoff9 posted: hello , since the trade basket is always the same, eurusd one side, usdjpy, audusd, nzdusd, eurjpy the other side , why not open audjpy and nzdjpy, it will be the same? thanks
Yes, the EUR and USD are ALMOST cancelled out. You have to remember that one pip when the JPY is the quote currency is not the same as one pip when the USD is the quote currency so ALMOST is the key word. Because of that, buying the AUDJPY and the NZDJPY or shorting the same would not be the same as what you have here with funnel.
AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs.
Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque.
Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions.
Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation.
Les performances passées ne sont pas indicatives des résultats futurs.