ProjectZ''s フィード
ProjectZ
Apr 04, 2017 at 11:24
This Expert Advisor has been in the making for quite sometime now. And currently only works on EUR/USD
This EA will only work on those currency crosses that can result in a great movement based of News Event, Political Events, Speeches such as Yellen, ECB; you name it.
The EA was designed to trade when we dont expect moves to happen and also when we just cant react, its purpose is to make very quick trades with an advanced S/L and a sophisticated entry trigger, based on volume, momentum and timing.
�The EA does not trade on grid and does not rely on any kind of indicator, it is pure movement.
We are currently working on a version for GBP/USD.
The beauty about this EA is, that sometimes movements in the market happens so fast and out of the blue that we people dont have time to react, this is where the EA comes in handy. But also on News event, it will be triggered based on momentum, timing and volume, something that we people not always are able to do when we are in the moment, the EA automatically knows what the Lot size should be and also the SL.
It is impossible to lose a great percentage of your account in 1 trade, i'd say 1-2 percent max would be possible. and it is not normal for the EA to make more than 1-2 losses in a row, however 5-10 win in a row is very much possible.
Please look for images of Consecutive wins and Consecutive losses, you can also go to ''Risk of Ruin'' Make sure to look at all the statistics on this site as well.
You will also notice that many trades duration are 0's, this is not true; this is because MyFxBook only count in minutes. a trade can be 59 seconds long and MyFxBook would still say 0 seconds.
The EA is designed to trade very quickly therefore trades doesn't stay open for very long time. Please go to our Instagram and see video examples of how the EA trades.
To manage a proper backtest of this EA it is extremely important that the backtest software you are using, have real ticks. MT4 does not offer Ticks, which means that on the MT4 Backtest software it only knows the Opening of the candle, the low, the high and the close of the candles, but not the ticks (volume) in between. We are using a program called Tick Data Manager to download date from one of the purest brokers of all time Dukascopy. For example the EURUSD from January 1st 2013 to January 1st 2017 contains millions of ticks. Not only does Tick Data Manager provide real tick, it also provide commissions and Spread,
The spread is the same spread as it would have been on Dukascopy in the selected period, FYI Brokers such as FxPro have less spread, which means that trades could have been slightly more profitable than showed here.
Please know that the high ROI are extreme and they are based on a lot size that keeps compounding to extreme numbers. We all know that a broker will not allow you to trade 2.500 lots. So do not think you can turn 100 dollars into 30 million dollars in 4 years, you simply can't. But you can turn 100 dollars into some great amounts. And if you are creative, you use more than one broker for this, that way you can have more leverage and able to use more lots.
The only reasons I show you this big period is to demonstrate the consistency and that the drawdown are acceptable.
We see so many Robots here and there that have 1.000% ROI in 2 months, its bullshit; where is the consistency? We wanna see results, not Luck for 2 months. Thats why I recommend never to buy an EA unless it shows consistency over a period of at least 4 year.
4 years is the Key my friend, dont ever buy a Robot that cant fur fill this, and dont ever buy a robot from anyone who says it cant do backtest, they are hiding something. And dont ever buy a robot that has been backtested on Fake Ticks.
Remember Forex is a long term Business, it is okay to see months with small losses dont let that scare you, even my robot has a 1 or 2 losing months, its normal. But remember the consistency, thats the key!
If you have any questions please contact us at [email protected]
- Jake
Chat afsluttet
This EA will only work on those currency crosses that can result in a great movement based of News Event, Political Events, Speeches such as Yellen, ECB; you name it.
The EA was designed to trade when we dont expect moves to happen and also when we just cant react, its purpose is to make very quick trades with an advanced S/L and a sophisticated entry trigger, based on volume, momentum and timing.
�The EA does not trade on grid and does not rely on any kind of indicator, it is pure movement.
We are currently working on a version for GBP/USD.
The beauty about this EA is, that sometimes movements in the market happens so fast and out of the blue that we people dont have time to react, this is where the EA comes in handy. But also on News event, it will be triggered based on momentum, timing and volume, something that we people not always are able to do when we are in the moment, the EA automatically knows what the Lot size should be and also the SL.
It is impossible to lose a great percentage of your account in 1 trade, i'd say 1-2 percent max would be possible. and it is not normal for the EA to make more than 1-2 losses in a row, however 5-10 win in a row is very much possible.
Please look for images of Consecutive wins and Consecutive losses, you can also go to ''Risk of Ruin'' Make sure to look at all the statistics on this site as well.
You will also notice that many trades duration are 0's, this is not true; this is because MyFxBook only count in minutes. a trade can be 59 seconds long and MyFxBook would still say 0 seconds.
The EA is designed to trade very quickly therefore trades doesn't stay open for very long time. Please go to our Instagram and see video examples of how the EA trades.
To manage a proper backtest of this EA it is extremely important that the backtest software you are using, have real ticks. MT4 does not offer Ticks, which means that on the MT4 Backtest software it only knows the Opening of the candle, the low, the high and the close of the candles, but not the ticks (volume) in between. We are using a program called Tick Data Manager to download date from one of the purest brokers of all time Dukascopy. For example the EURUSD from January 1st 2013 to January 1st 2017 contains millions of ticks. Not only does Tick Data Manager provide real tick, it also provide commissions and Spread,
The spread is the same spread as it would have been on Dukascopy in the selected period, FYI Brokers such as FxPro have less spread, which means that trades could have been slightly more profitable than showed here.
Please know that the high ROI are extreme and they are based on a lot size that keeps compounding to extreme numbers. We all know that a broker will not allow you to trade 2.500 lots. So do not think you can turn 100 dollars into 30 million dollars in 4 years, you simply can't. But you can turn 100 dollars into some great amounts. And if you are creative, you use more than one broker for this, that way you can have more leverage and able to use more lots.
The only reasons I show you this big period is to demonstrate the consistency and that the drawdown are acceptable.
We see so many Robots here and there that have 1.000% ROI in 2 months, its bullshit; where is the consistency? We wanna see results, not Luck for 2 months. Thats why I recommend never to buy an EA unless it shows consistency over a period of at least 4 year.
4 years is the Key my friend, dont ever buy a Robot that cant fur fill this, and dont ever buy a robot from anyone who says it cant do backtest, they are hiding something. And dont ever buy a robot that has been backtested on Fake Ticks.
Remember Forex is a long term Business, it is okay to see months with small losses dont let that scare you, even my robot has a 1 or 2 losing months, its normal. But remember the consistency, thats the key!
If you have any questions please contact us at [email protected]
- Jake
Chat afsluttet
