BlueMonkey Real Money Live Test == Ended Oct 2014 (bluemonkey) Discussion

bluemonkey

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Oct 21, 2014 at 22:17

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Alaa_forex posted:
Hi Alex, the EA is interesting, I have a question:
is your EA configured to manage long term results (at least 3 years)?
after purchase,do you update the EA as required due to market changes?
is the lot size configured automatically by the EA?
does it work with AAAfx?

We send updates whenever market changes drastically enough that an update is needed.

AAAFx works fine on the EA.

A

saaedb

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Oct 22, 2014 at 06:32

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I would not use this EA as a long term EA. It's martingale and it will eventually eat up your profits... but when it does work, it works very well. So my plan is to constantly pull money out of the account, so when it does go belly side up, it doesn't kill the capital. And once it blows up, I'll put money in it again (hopefully from the stash of money it made, which i tucked away) and let it do its thing.

For short term, this is an excellent EA. For long term, it is horrible. These are my two cents about this EA.

bluemonkey

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Oct 22, 2014 at 06:38

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saaedb posted:
I would not use this EA as a long term EA. It's martingale and it will eventually eat up your profits... but when it does work, it works very well. So my plan is to constantly pull money out of the account, so when it does go belly side up, it doesn't kill the capital. And once it blows up, I'll put money in it again (hopefully from the stash of money it made, which i tucked away) and let it do its thing.

For short term, this is an excellent EA. For long term, it is horrible. These are my two cents about this EA.

the EA is absolutely not a martingale and I am willing to bet you $10,000 to prove you wrong.

let me know if you are in.... 😈

saaedb

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Oct 23, 2014 at 07:13

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bluemonkey posted:
saaedb posted:
I would not use this EA as a long term EA. It's martingale and it will eventually eat up your profits... but when it does work, it works very well. So my plan is to constantly pull money out of the account, so when it does go belly side up, it doesn't kill the capital. And once it blows up, I'll put money in it again (hopefully from the stash of money it made, which i tucked away) and let it do its thing.

For short term, this is an excellent EA. For long term, it is horrible. These are my two cents about this EA.

the EA is absolutely not a martingale and I am willing to bet you $10,000 to prove you wrong.

let me know if you are in.... 😈

Alex, I'm not complaining here. I like your EA, but it is what it is. It will not work long term on an account.
Maybe I used the term martingale too loosely here. By martingale I meant, that it will open more trades to average out a negative trade and as the market moves against the trade, it will eventually open trades with higher lot size to close all the positions in a net profit.

sunneee

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Oct 23, 2014 at 07:15

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Hi Alex,

There are no trades initiated from this Ea again for the past 1week. Not sure what's happening again.

bluemonkey

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Oct 31, 2014 at 15:14

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HAPPY HALLOWEEN EVERYONE :D

upload your costumes :D

bluemonkey

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Oct 31, 2014 at 15:15

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FXtrader2010

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Oct 31, 2014 at 16:22

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bluemonkey posted:
http://www.myfxbook.com/files/bluemonkey/BlueMonkey2.jpg

LOL Awesome! Go Blue Monkey!

bluemonkey

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Oct 31, 2014 at 22:51

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FXtrader2010 posted:
bluemonkey posted:
http://www.myfxbook.com/files/bluemonkey/BlueMonkey2.jpg
LOL Awesome! Go Blue Monkey!

haha, muchas gracias :)

bluemonkey

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Dec 03, 2014 at 08:28

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============ ANNOUNCEMENT
============ ANNOUNCEMENT
============ ANNOUNCEMENT

We have released version 1.1, please logon to member area (http://www.bluemonkeyea.com/account) and download it.

Please let me know if you have any questions.

A

bluemonkey

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Dec 03, 2014 at 08:28

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============ ANNOUNCEMENT
============ ANNOUNCEMENT
============ ANNOUNCEMENT

VERSION 1.1 CHANGES:

::: Initial balance is set at 0.2 per 10,000 Units. This means there is no more need to make any changes after attaching the EA.

::: Chart timeframe changes bug fixed. You can now change EAs timeframe while attached to the chart.

::: Useless parameters removed.

::: Useless presented info on screen simplified.

Please let me know if you have any questions.

A

forex_trader_8565

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Dec 03, 2014 at 08:38

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bluemonkey posted:
============ ANNOUNCEMENT
============ ANNOUNCEMENT
============ ANNOUNCEMENT

VERSION 1.1 CHANGES:

::: Initial balance is set at 0.2 per 10,000 Units. This means there is no more need to make any changes after attaching the EA.

::: Chart timeframe changes bug fixed. You can now change EAs timeframe while attached to the chart.

::: Useless parameters removed.

::: Useless presented info on screen simplified.

Please let me know if you have any questions.

A

Hello @bluemonkey ,

You mentioned EA will work on GBPUSD,
is this version for GBPUSD already ?
Thank you.

bluemonkey

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Dec 03, 2014 at 08:52

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gftcfd posted:
bluemonkey posted:
============ ANNOUNCEMENT
============ ANNOUNCEMENT
============ ANNOUNCEMENT

VERSION 1.1 CHANGES:

::: Initial balance is set at 0.2 per 10,000 Units. This means there is no more need to make any changes after attaching the EA.

::: Chart timeframe changes bug fixed. You can now change EAs timeframe while attached to the chart.

::: Useless parameters removed.

::: Useless presented info on screen simplified.

Please let me know if you have any questions.

A

Hello @bluemonkey ,

You mentioned EA will work on GBPUSD,
is this version for GBPUSD already ?
Thank you.

Yes indeed. same EA will work on GBPUSD. please gohead and set it up on GBP and you should see the trades comming in according to the master account.

please let me know if you have any questions.

A

bluemonkey

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Dec 04, 2014 at 10:56

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============== ANNOUNCEMENT
============== ANNOUNCEMENT
============== ANNOUNCEMENT
============== ANNOUNCEMENT

We have started to release educational articles so our users can learn more and trade more efficiently.
They are available here:

http://www.bluemonkeyea.com/#education

Today we released 4 topics:
http://www.bluemonkeyea.com/education/topic/what_is_forex
http://www.bluemonkeyea.com/education/topic/why_trade_forex
http://www.bluemonkeyea.com/education/topic/who_trades_forex
http://www.bluemonkeyea.com/education/topic/when_can_you_trade

MANY MORE TO COME :)

Please let us know your thoughts. If you'd like to volunteer and help make the content better, we would love that. let us know at: [email protected] and we will give you instructions. Helping us create educational content will help us all further succeed in trading.

If you have any questions/suggestions/concerns, please let me know.

Alex

FXtrader2010

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Dec 04, 2014 at 11:27

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Congrats on the EA update! looking forwardto cable trades! made a custom BMEA template just for the EA ! cheers

Pielikumi

bluemonkey

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Jan 30, 2015 at 17:12

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bluemonkey posted:
========= ANNOUNCEMENT
========= ANNOUNCEMENT
========= ANNOUNCEMENT

New Demo Account Published:

http://www.myfxbook.com/members/bluemonkey/blue-monkey-demo-account/1140368

We will publish live account as well.

Please let us know if you have any questions.

A

bluemonkey

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Feb 03, 2015 at 20:43

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ANNOUNCEMENT============================
ANNOUNCEMENT============================
ANNOUNCEMENT============================
ANNOUNCEMENT============================

So as promised, new live account just launched. we will take down the demo account even though it had great success.

http://www.myfxbook.com/members/bluemonkey/blue-monkey-12-fxchoice/1148951

Please let me know if you have any questions.

A

didzis1985

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Mar 08, 2015 at 13:09

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sunneee posted:
Hi All,

This EA do not work on EURUSD. Please do not buy and buy at your own risk. I've the EA running for 2weeks but no trade at all.

This EA is a fraud. Goodluck. I would not suggest anyone getting it. This is one of the worse EA ever. Fake results and cause account to crash.

I paid for a non working EA. Completely NOT Worth it!!! Do not be cheated!!

I give a rating of DO NOT BUY!

Totally agree, there are a lot of much more better EA's

didzis1985

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Mar 08, 2015 at 13:09

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TheFX4You posted:
sunneee posted:
Hi All,

This EA do not work on EURUSD. Please do not buy and buy at your own risk. I've the EA running for 2weeks but no trade at all.

This EA is a fraud. Goodluck. I would not suggest anyone getting it. This is one of the worse EA ever. Fake results and cause account to crash.

I paid for a non working EA. Completely NOT Worth it!!! Do not be cheated!!

I give a rating of DO NOT BUY!

I just wonder, do they offer money back guarantee?

There was not any single guarantee. So many users loosed money, also me ...

EURUSD	1.13299	GBPUSD	1.33658	AUDUSD	0.64584
USDJPY	142.952	USDCAD	1.3816	USDCHF	0.82456

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