Fast Forex Millions (By forex_trader_20011)

Lietotājs ir dzēsis šo sistēmu.

Diskusija

Jan 20, 2012 at 01:01
1,047 Views
12 Replies
Biedrs kopš   270 ieraksti
Jan 23, 2012 at 09:19
Hi,

I hope to buy but first i'll follow your sharing for some time. Are you using with standart settings?

Thanks.
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 23, 2012 at 12:37
Pretty much.

My settings are default. 5% risk but I will adjust lot size manually so all trades are same lot size.
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 23, 2012 at 13:44
Wow - I just noticed there are several people tracking my chart. That's ok. Keep in mind that this is a DEMO account. Anyone who trades MDP will know that William's EA's always run differently on Demo as opposed to a live account. That is not supposed to be the case with this EA. It seems to trade normally.

The question I have at the moment...is there a real benefit to running all five pairs on one account? Possibly, it may be beneficial to only trade the most profitable pair with a higher lot size. That's what forward testing with myfxbook is all about.

I will be testing FFM on this account through the end of the month. If it does as expected, I will move to a LIVE account and continue to post results on myFXbook.
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 24, 2012 at 03:45
I made a change today. In reading different forum specifically Birts Ea Review, backtests over a long period of time match the vendors in results on the EURUSD. Taking Money Management into consideration, I am running FFM on EURUSD only with a higher risk of 10%. On average, this EA loses about 30 pips. With MM set for 10%, that makes average risk for this pair at about 3% or less.
BenjaminNathan
forex_trader_59739
Biedrs kopš   59 ieraksti
Jan 24, 2012 at 17:26
It will be interesting to see how it performs... to me the claims are too high... as in silly... and 'only 10% risk' thats crazy on their site... sounds like an account blower. But ill jump on the band wagon and take the risk if it does well lol
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 24, 2012 at 21:03
True enough, I always have my doubts. I received an email today from the developer to optimize your settings with the FilterDepth. Not exactly sure what that variable controls, but I did it and found that the default setting of 600 was terrible on my broker IBFX. However, a setting of 900 worked VERY well in backtests going back 10 years.

So, once again, I have made a change and put four of the pairs back online. As there are folks watching this, I wont start a new demo account but will let it run and see if it recoups its losses on the new settings. AUDUSD had crappy results going back 10, then 7, then 2 years...all bad. Never wiped out the account, just up/down with no equity curve to speak of.

We will see.
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 25, 2012 at 12:57
IN all fairness, I have reset the chart to a date starting today with the new settings. All default except FilterDepth set to 900.
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 25, 2012 at 13:45
Sigh - note to self - always check the data you are using to analyze your data with.

I ran the 10 backtests a few more time on the AUDUSD pair and found that it was using m15 data for the test. I deleted the existing data and reloaded. Upon using 1m data, the results were similar to the other pairs. So, the AUDUSD is back in the mix with 900 FilterDepth.
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 25, 2012 at 14:40
Typo - The 10 I referred to above was 10 year backtests
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 25, 2012 at 14:43
For those of you interested in buying but are worried about the history of the past few days...I just received this email from the developer...


Hi there,

As you may be concerned about the
past few days of trading, we have definitely
hit a rough patch with the trades.

I wanted to let you know I'm working on a
quick and emergency update.

This update would aim to reduce trading
frequency slightly to make it more accurate,
PLUS the AIM is to also improve the trailing
stop so it does not lose the profits that
you may have seen it missed.

Again, still good robot, and I'm sure we
are patient you would see a proper turn
around, but I'm going to make this emergency
update to help!

Thanks!

FFM Team
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 29, 2012 at 02:46
FFM 2.5 Loaded today - Default settings 3% Risk - 5 Pairs
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Jan 30, 2012 at 14:55
Reset Chart to show new version 2.5
ibthescottyb
forex_trader_20011
Biedrs kopš   407 ieraksti
Feb 02, 2012 at 14:44
After Backtesting new version 2.5 - went LIVE. This chart will no longer update. New stats can be found here

https://www.myfxbook.com/members/ibthescottyb/fast-forex-millions-25-live/238964
Pieslēgties / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.