ForexSensation (By sensation)

Pieaugums +215.07%
Kritums (Drawdown) 2.57%
Pipi: 723.8
Darījumi 102
Uzvaras
Zaudēt
Tips Reāls
Kredīta plecs: 1:200
Tirdzniecība Automatizētā

Diskusija

Oct 15, 2013 at 10:34
12,030 Views
271 Replies
Biedrs kopš   270 ieraksti
Oct 20, 2013 at 17:45
'investea' thanks for your great effort.
Biedrs kopš   18 ieraksti
Oct 20, 2013 at 18:12
And the last one : ForexSensation_All_Norm.htm

Sorry for delay but all my post are publish 5 to 8 hours later, I don't know why...

Speaking abou the EA, I was right the newsfilter seems to send no data back in 2008.
I don't know what are the effect in the EA itself but it can explain a lot about performance between 2008 and 2011 which seems to be extremly bad.
Biedrs kopš   270 ieraksti
Oct 20, 2013 at 18:16
investea posted:
And the last one : ForexSensation_All_Norm.htm

Sorry for delay but all my post are publish 5 to 8 hours later, I don't know why...

Speaking abou the EA, I was right the newsfilter seems to send no data back in 2008.
I don't know what are the effect in the EA itself but it can explain a lot about performance between 2008 and 2011 which seems to be extremly bad.

Very bad backtest results for a $1.000 EA. Maybe the vendor will make an explanation about that results.
Biedrs kopš   18 ieraksti
Oct 20, 2013 at 18:21
They are focusing only on 3 months...
And the 'not aggressive' result is not that bad !

Again, the EA seems to be news sensitive and the news filter included in it, don't provide news before 2010 - 2011. That can explain why the 2008 - 2011 is really bad.

The competition settings were really build for competition, and there need to be forget for real account.
Others strategies are valid, especially S1 and S2, I will probaly set it up on my real account with those 2 stratégies only.
Biedrs kopš   270 ieraksti
Oct 20, 2013 at 19:18
mcymcy posted:
investea posted:
And the last one : ForexSensation_All_Norm.htm

Sorry for delay but all my post are publish 5 to 8 hours later, I don't know why...

Speaking abou the EA, I was right the newsfilter seems to send no data back in 2008.
I don't know what are the effect in the EA itself but it can explain a lot about performance between 2008 and 2011 which seems to be extremly bad.

Very bad backtest results for a $1.000 EA. Maybe the vendor will make an explanation about that results.

The vendor contacted me with a mail and explained me about the situation.

There's two important factors:

1-news filter that EA uses
2- spreads

Whatever I'll buy the EA and test on a real account.(I'll share the results in myfxbook) Also they have a full refund offer.
fxchamp420
forex_trader_154045
Biedrs kopš   29 ieraksti
Oct 20, 2013 at 20:06
i'd save your money on this one, the backtest looks horrible there is no excuse...😉
Biedrs kopš   8 ieraksti
Oct 21, 2013 at 00:05
fxchamp420 posted:
i'd save your money on this one, the backtest looks horrible there is no excuse...😉

Yah, it does not look good. I will be staying away from this one!
rob559
forex_trader_29148
Biedrs kopš   1916 ieraksti
Oct 21, 2013 at 03:57
Jandre posted:
fxchamp420 posted:
i'd save your money on this one, the backtest looks horrible there is no excuse...😉

Yah, it does not look good. I will be staying away from this one!

ya ,very away
Biedrs kopš   8 ieraksti
Oct 21, 2013 at 14:57
FxPhil posted:
Running the standard and extended version on EURUSD and GBPUSD.
Using 6 EAs inc 3 Strategy 3 Aggressive EA.
So far has done 8 trades.
All closed in profit.
Made ~6% in 3 days at Risk 0.2.
The direct support from Oleg is good.

BTW according to Oleg the contest was done using the standard EA, all default setting except Risk 0.5.

Please, let us know how this the EA is doing on EURUSD only. I am tempted to get it but still a bit skeptical after all those bad back tests results.
Biedrs kopš   8 ieraksti
Oct 21, 2013 at 14:57
Are you running it on default settings?
 
Biedrs kopš   8 ieraksti
Oct 21, 2013 at 19:53
investea posted:
So I did the back tests,
...
https://skydrive.live.com/redir?resid=35E7C7ED845D4644!1042&authkey=!AEpdnWSmbUfW9Zk

My test use Dukascopy ticks data, it's an ECN as the ECN account used by forexsentation with FXChoice, as the guys sent the investor password for that account. Unfortunately I don't have the ticks data history of FXChoice. But I have a real account on which I'm running the EA.

I took data from 2008 to now. I took an initial balance of 10000 $. Fixed lot of 0.1, except for the full strategy, tested both the competition params and the default ones.

Comments and new backtests will follow.

Thanks for the backtests. This is not an EA I'd buy. And it's certainly not double-your-account-in-3-month system :) Definitely a hype. Nothing more.
The wisest men follow their own direction. - Eurípidés
Biedrs kopš   88 ieraksti
Oct 22, 2013 at 06:08
I run 6 EAs in demo for testing.
eurusd standard default
eurusd standard only aggressive
eurusd extended default
eurusd extended only aggressive
gbpusd extended default
gbpusd extended only aggressive

using 5 brokers:
Instaforex
FxOpen
FxPig
FxChoice
Tallinex
Biedrs kopš   270 ieraksti
Oct 22, 2013 at 06:37
FxPhil posted:
I run 6 EAs in demo for testing.
eurusd standard default
eurusd standard only aggressive
eurusd extended default
eurusd extended only aggressive
gbpusd extended default
gbpusd extended only aggressive

using 5 brokers:
Instaforex
FxOpen
FxPig
FxChoice
Tallinex

We'll be glad if you share your results.

Here's my test with a real account: Leverage 1:500, S1,S2,S3=TRUE, Agressive mode=10, Risk=0.5

https://www.myfxbook.com/members/mcymcy/mcy-fs/729251

Biedrs kopš   88 ieraksti
Oct 22, 2013 at 08:52
Here is an analysis of the trades versus magics for the FxSensation account:

Trades P/L Magic number
46 $14,678.63 P/L 0
02 $959.10 P/L 4563216
14 $1,981.95 P/L 7613491
40 $6,873.08 P/L 987654231

The profits are gross (before commission and swaps)

Have asked FxSensation support where all the magic 0 trades came from as the normal source of a 0 magic trade is a manual trade. Have attached the account in excel format, sorted as per magics then tickets.

Pielikumi

Biedrs kopš   88 ieraksti
Oct 22, 2013 at 09:24 (labots Oct 22, 2013 at 09:29)
mcymcy posted:
Here's my test with a real account: Leverage 1:500, S1,S2,S3=TRUE, Agressive mode=10, Risk=0.5

https://www.myfxbook.com/members/mcymcy/mcy-fs/729251

That account starts 15 Oct 2012 and ends before this EA was released???????
Maybe check the link address?

BTW S3_Aggressive is a Boolean variable, ie can be set True or False. It can't be set to a number (10) as you indicated you did???
Biedrs kopš   270 ieraksti
Oct 22, 2013 at 09:28
Sorry. That's an old account.
I started the ea on the account yesterday.
Only forex sensation EA will work from now.
You can check the orders from here.
Biedrs kopš   88 ieraksti
Oct 22, 2013 at 10:01 (labots Oct 22, 2013 at 10:03)
All accounts are run at Risk = 0.2.
Between the brokers is a big spread difference.
FxOpen is normally the smallest spread, with FxChoice the widest spread.
That the EA did so well on FxChoice is amazing as it has 4 - 6 times wider spreads that FxOpen does

Typical spread order on EURUSD
InstaForex Eurica (fixed 0.0 spreads)
FxOpen 0.2
FxPig 0.4
Tallinex 0.6
FxChoice 1.2
Biedrs kopš   4862 ieraksti
Oct 22, 2013 at 10:59
Even if the results are genuine the EA sucks.
Why?
It opens large trades like 4 lots on small account. Just taking couple of pips like 6-10 pips.
If couple of those trades go wrong it will wipe the account out.
And it would happen soon or later.
Biedrs kopš   88 ieraksti
Oct 22, 2013 at 11:13
togr posted:
Even if the results are genuine the EA sucks.
Why?
It opens large trades like 4 lots on small account. Just taking couple of pips like 6-10 pips.
If couple of those trades go wrong it will wipe the account out.
And it would happen soon or later.
Not so.
The EA uses a dynamic close technique.
Have watched it happen / work.
Never seen a trade close at the original TP or SL.
Biedrs kopš   18 ieraksti
Oct 22, 2013 at 14:29
Just setup an account for the EA, it's currently trading, I hope you'll start to see history in few minutes.
I've start with 100$ in the account :

https://www.myfxbook.com/members/investea/forexsensation-default-real-fxchoice/730020
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