To use chat, please login.
Back to contacts

Xcalper Real Test (By xcalper )

Pieaugums +1304.03%
Kritums (Drawdown) 90.44%
Pipi: 704.1
Darījumi 230
Uzvaras
Zaudēt
Tips Reāls
Kredīta plecs: 1:200
Tirdzniecība Automatizētā

Diskusija

richbugger
Jan 27 2013 at 08:45
127 ieraksti
are you using the hedge protection mode for this account and is the hedge protection necessary?
xcalper
Jan 27 2013 at 18:15
25 ieraksti
We are but the hedge capability is off. if we feel like the market is unstable, we will turn it on.

Please let me know if you have any questions.
viltus
Jan 28 2013 at 09:27
82 ieraksti
Why to turn it off? Does it affect on profitability?
Lardo
Jan 28 2013 at 16:06
21 ieraksti
Any reason you switched to IC Markets from IBFX.au as per demo account? I have an IBFX.au account and would prefer not to change broker unless it was extremely compelling to do so...
xcalper
Jan 28 2013 at 17:24
25 ieraksti
No, we don't want The EA to bounce between the main trade and hedge trade. if we don't see a major uncertainty we would not turn it on.
xcalper
Jan 28 2013 at 17:48
25 ieraksti
Because IC-Markets offered us to use their live account for testing our EA. nothing special.
SleepingFX (SleepingFX)
Jan 29 2013 at 06:44
59 ieraksti
do u think it is better to use the EA at ECN broker?
xcalper
Jan 29 2013 at 17:10
25 ieraksti
forex2929 posted:
do u think it is better to use the EA at ECN broker?

yes, I do think ECN broker is better but the difference would be minimal.

Please let me know if you have any questions.

Xcalper
Jarora
Jan 31 2013 at 08:15
371 ieraksti
Hello Xcalper,

Updated:Jan 29 at 20:12 ?????? Big DD !!!!

FPA live:

https://statements.forexpeacearmy.com/8e6c21684f1b93f2984a23997e504ddc4ddedb28.htm

2875172 2013.01.30 09:46 buy 0.20 eurusdi 1.35337 1.35307 1.35940 1.35527 -1.40 0.00 -1.26 38.00 19

You manaul open trade with buy 0.20 lot?

This EA is scalper? I don't think!

For me you have lost confidence vendor. Sorry.
Kaptain
Jan 31 2013 at 12:05
55 ieraksti
Xcalper,

I thought this was a scalper. It is definitely not.

Looking at your live account you have two orders that are opposite of each other a sell 1 Lot and a Buy 2 lots that have been going since Jan 29 and Jan 30 respectively.

Big drawdown in play!

It is good that I waited a bit to see this. Caveat Emptor !!!

 

Plan your trade, trade your plan
xcalper
Jan 31 2013 at 18:43
25 ieraksti
Kaptain posted:
Xcalper,

I thought this was a scalper. It is definitely not.

Looking at your live account you have two orders that are opposite of each other a sell 1 Lot and a Buy 2 lots that have been going since Jan 29 and Jan 30 respectively.

Big drawdown in play!

It is good that I waited a bit to see this. Caveat Emptor !!!

 


It is a scalper. Please read the info on 'Hedge Protection' and you will know how it works.

Please let me know if you have questions.
xcalper
Jan 31 2013 at 18:46
25 ieraksti
Jarora posted:
Hello Xcalper,

Updated:Jan 29 at 20:12 ?????? Big DD !!!!

FPA live:

https://statements.forexpeacearmy.com/8e6c21684f1b93f2984a23997e504ddc4ddedb28.htm

2875172 2013.01.30 09:46 buy 0.20 eurusdi 1.35337 1.35307 1.35940 1.35527 -1.40 0.00 -1.26 38.00 19

You manaul open trade with buy 0.20 lot?

This EA is scalper? I don't think!

For me you have lost confidence vendor. Sorry.

It is a scalper. Please read the info on 'Hedge Protection' and you will know how it works.

Please let me know if you have questions.
James Bond (JimmyBond)
Feb 01 2013 at 01:56
9 ieraksti
1.) What are the time frames for the charts that your EA is attached to (Website seems to indicate that it doesn't matter). Does the 1-minute chart get more trades then the 1-week chart?

2.) What specific setting in this EA turns on/off money management?
FxMasterGuru (FxMasterGuru)
Feb 01 2013 at 03:09
1608 ieraksti
The hedging technique is clear from the trades dated January 29th and 30th.

This time it had worked out nicely, but what happens if the market decides to linger around the price level of the hedging position, stopping out and reentering it (with 3 pips SL in this case) on numerous occasions, again and again...??

Well, I know the answer from first hand, as I created such a 'Hedging EA' (to compliment a Martingale EA to prevent its inevitable demise). It did work well for a while, but at one point the market started to go sideways for a prolong period of time hitting the hedging EA's entry and SL levels numerous times, eventually chewing up the account in small pieces like a piranha (as opposed to 'Martingale strategies' which blow up your account at once).
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
Jarora
Feb 01 2013 at 07:58
371 ieraksti
The hedging technique is for death of spalping strategy. Consistently high DD!!! Use classic TP and SL.

https://statements.forexpeacearmy.com/8e6c21684f1b93f2984a23997e504ddc4ddedb28.htm
profix
Feb 02 2013 at 04:50
131 ieraksti
FxMasterGuru (FxMasterGuru)
Feb 02 2013 at 07:04
1608 ieraksti
profix posted:
90% DD ??? No, thx!!

Based on the trade analysis, the account balance DD was probably much less than 90%, as the BUY hedging position stepped in action to counteract the open loss of the SELL position.

Nevertheless, as Jarora stated it correctly: 'The hedging technique is for death of scalping strategy.' confirming what I had mentioned previously.
Please click "Vouch" if you liked my post. If not, just put me on your Blocked list. :o)
xcalper
Feb 02 2013 at 16:32
25 ieraksti
profix posted:
90% DD ??? No, thx!!

that number is not correct. Myfxbook is showing the amount for the worst trade. but that trade has been open along with a hedge trade which you can see that trade right after the 90% trade. so the drawdown of the account has not been more than 30%.

Please let me know if you need more clarification.
xcalper
Feb 02 2013 at 16:32
25 ieraksti
FxMasterGuru posted:
profix posted:
90% DD ??? No, thx!!

Based on the trade analysis, the account balance DD was probably much less than 90%, as the BUY hedging position stepped in action to counteract the open loss of the SELL position.

Nevertheless, as Jarora stated it correctly: 'The hedging technique is for death of scalping strategy.' confirming what I had mentioned previously.

well explained. thanks alot
xcalper
Feb 02 2013 at 16:39
25 ieraksti
FxMasterGuru posted:
profix posted:
90% DD ??? No, thx!!

Based on the trade analysis, the account balance DD was probably much less than 90%, as the BUY hedging position stepped in action to counteract the open loss of the SELL position.

Nevertheless, as Jarora stated it correctly: 'The hedging technique is for death of scalping strategy.' confirming what I had mentioned previously.

hedging is not the death of scalping. it saves the day when things go wrong, and of course in trading things can go wrong alot. so thats when hedging trade jumps in trying to save the day. Also it doesnt happen too often. may be once or twice a month.

Please let me know if you have any questions.

Mike
Lūdzu ienāciet, lai komentētu.