Multiple EA Combined (By Phoenix48)
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Multiple EA Combined Discussion
Apr 19, 2010 at 22:05
Member Since Sep 10, 2009
48 posts
Pimentel posted:
Phoenix48, after this months, what are your conclusions? did you find the best EA of them??
I think the most constant and effective of them are:
- Naminori Bill Final v9 ----- (M15; AUDCAD)
- MegaDroid v1.21 ----- (H1; EURUSD)
- Megadroid Pro v1.01ee ----- (H1; EURUSD, EURCHF, USDCHF)
- Volatility Scalp EURCHF D01 ----- (M15; EURCHF)
- Volatility Scalp Eurocross D05 non-FFCal ----- (M15; EURGBP, EURCHF)
Knowledge is power.
Jun 19, 2010 at 17:58
Member Since Sep 10, 2009
48 posts
Yes i am still here 😁
But i had not much news to report. I was just letting them trade and see how they perform over a long period. But i can still add some observations that i made since my last posts:
1- Naminori bill is still a very good EA but i made the error of thinking that putting a starting lot of 0.2 would be allright. It is in most cases for a while but when, one day, the market make a very big move, you can regret it very fast. It doesn't happen very often. Maybe once every year or 2 i think (maybe even more). But when it comes (and it happened last month...), it can make you lose all your profit because of the way it trades. So my advice is don't be greedy with it and set it to ALWAYS start his first trade with 0.1 lot. It may be slower to get profit but but the safety gained by this with this EA is priceless.
2- I used to think Volatility Scalp was a very solid scalper in any market conditions. Well... i was wrong. Be aware of that. As long as the market was just swinging up and down a little it was very fine. But since a month or two, the market is definitly trending and this EA don't seems to be able to limit his trading frequency according to those conditions. As a result: It hurts a lot! My advice: don't trade with it right now. I will probably remove it this week.
3- DragonPips seems to also have some problems with the latest change in market behavior. I may have to remove it also.
4- Fapturbo: Even by trading only the safest pairs. It doesn't seems to be performing so well... The EA wins a little and lose it and start over again... So in the end you are probably better just without it because either it lose a lot or just make a little profit so what's the point of letting it run with so much risk with so little gain? I will also probably remove it this week.
5- I am still stuck in the same trade with FX Equity Builder. NEVER use that EA for any reason other than testing.
6- All the rest is still performing reasonably for now.
So that was my lastest observations and hope that can help.
But i had not much news to report. I was just letting them trade and see how they perform over a long period. But i can still add some observations that i made since my last posts:
1- Naminori bill is still a very good EA but i made the error of thinking that putting a starting lot of 0.2 would be allright. It is in most cases for a while but when, one day, the market make a very big move, you can regret it very fast. It doesn't happen very often. Maybe once every year or 2 i think (maybe even more). But when it comes (and it happened last month...), it can make you lose all your profit because of the way it trades. So my advice is don't be greedy with it and set it to ALWAYS start his first trade with 0.1 lot. It may be slower to get profit but but the safety gained by this with this EA is priceless.
2- I used to think Volatility Scalp was a very solid scalper in any market conditions. Well... i was wrong. Be aware of that. As long as the market was just swinging up and down a little it was very fine. But since a month or two, the market is definitly trending and this EA don't seems to be able to limit his trading frequency according to those conditions. As a result: It hurts a lot! My advice: don't trade with it right now. I will probably remove it this week.
3- DragonPips seems to also have some problems with the latest change in market behavior. I may have to remove it also.
4- Fapturbo: Even by trading only the safest pairs. It doesn't seems to be performing so well... The EA wins a little and lose it and start over again... So in the end you are probably better just without it because either it lose a lot or just make a little profit so what's the point of letting it run with so much risk with so little gain? I will also probably remove it this week.
5- I am still stuck in the same trade with FX Equity Builder. NEVER use that EA for any reason other than testing.
6- All the rest is still performing reasonably for now.
So that was my lastest observations and hope that can help.
Knowledge is power.

forex_trader_13838
Member Since Jun 18, 2010
3 posts
Jun 20, 2010 at 21:56
Member Since Sep 10, 2009
48 posts
Update:
Removed:
- DragonPips Ultimate v2.02 ----- (M15; GBPUSD)
- FapTurbo50 ----- (M15; EURCHF, USDCHF, GBPUSD)
- Volatility Scalp EURCHF D01 ----- (M15; EURCHF)
- Volatility Scalp Eurocross D05 non-FFCal ----- (M15; EURGBP, EURCHF)
List of EA now in use:
- Forex Accumulator v3.1 ----- (M5; EURUSD, GBPUSD, USDJPY, USDCHF)
- FX Equity Builder v2.0.1 ----- (M5; EURCHF)
- MegaDroid v1.21 ----- (H1; EURUSD)
- Megadroid Pro v1.01ee ----- (H1; EURUSD, EURCHF, USDCHF)
- Naminori Bill Final v9 ----- (M15; AUDCAD)
- RoboMiner II v3.05 ----- (H1; AUDNZD, EURCHF)
- RoboMiner Pro v2.01 ----- (H1; AUDNZD, EURCHF)
Removed:
- DragonPips Ultimate v2.02 ----- (M15; GBPUSD)
- FapTurbo50 ----- (M15; EURCHF, USDCHF, GBPUSD)
- Volatility Scalp EURCHF D01 ----- (M15; EURCHF)
- Volatility Scalp Eurocross D05 non-FFCal ----- (M15; EURGBP, EURCHF)
List of EA now in use:
- Forex Accumulator v3.1 ----- (M5; EURUSD, GBPUSD, USDJPY, USDCHF)
- FX Equity Builder v2.0.1 ----- (M5; EURCHF)
- MegaDroid v1.21 ----- (H1; EURUSD)
- Megadroid Pro v1.01ee ----- (H1; EURUSD, EURCHF, USDCHF)
- Naminori Bill Final v9 ----- (M15; AUDCAD)
- RoboMiner II v3.05 ----- (H1; AUDNZD, EURCHF)
- RoboMiner Pro v2.01 ----- (H1; AUDNZD, EURCHF)
Knowledge is power.
Member Since Jun 16, 2010
198 posts
Jun 21, 2010 at 12:55
Member Since Jun 16, 2010
198 posts
Hi Phoenix.
Are you still using FxOpen? I read somewher4e, that they lost their license to provide fincial services less than a month ago...
If you run into trouble with them, I can suggest Instaforex - open a standard cent-account, and you can trade 0.00001 market lots with a leverage 1:1000. Their "standard"-lot is only 10'000 opposed to the normal 100'000 and microlots in a Cent-account 😀 is great for free margin.
I myself is trading my own grid trading EA on 29! currencypairs on a cent-account (commission-charged which I'm trying to get converted to standard-account)
Look at "GridsForPips" - dependant on two settings, you can use it together with other EA's (FIFO and CleanUp uses equity/balance but I'm thinking of changing the programming to only use MagicNumbers...)
Happy testing... 😎
Are you still using FxOpen? I read somewher4e, that they lost their license to provide fincial services less than a month ago...
If you run into trouble with them, I can suggest Instaforex - open a standard cent-account, and you can trade 0.00001 market lots with a leverage 1:1000. Their "standard"-lot is only 10'000 opposed to the normal 100'000 and microlots in a Cent-account 😀 is great for free margin.
I myself is trading my own grid trading EA on 29! currencypairs on a cent-account (commission-charged which I'm trying to get converted to standard-account)
Look at "GridsForPips" - dependant on two settings, you can use it together with other EA's (FIFO and CleanUp uses equity/balance but I'm thinking of changing the programming to only use MagicNumbers...)
Happy testing... 😎
Always get cashback -
Member Since Jun 16, 2010
198 posts
Jun 21, 2010 at 12:59
Member Since Jun 16, 2010
198 posts
By the way, I changed the program in the weekend to only trade the upper and lower quadrant of the historical range.
And cashbackforex gives 1.3 pips cahback with Instaforex.
And the second deposit in the account is the 30% welcome-bonus currently available, so I'm on the positive side as long as it stays above 2300,-
Cheers
And cashbackforex gives 1.3 pips cahback with Instaforex.
And the second deposit in the account is the 30% welcome-bonus currently available, so I'm on the positive side as long as it stays above 2300,-
Cheers
Always get cashback -

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