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Avatar Username Experience Location Posts Member Since
kangaroos No Experience - 0 Jun 20 2015 at 00:03
kangaroomike No Experience - 0 Aug 01 2015 at 10:14
Kangaroo No Experience - 0 Jun 05 2016 at 01:58
KANGAROOPAW No Experience - 0 Nov 17 2018 at 03:36
kangaroo1 No Experience - 0 Nov 28 2020 at 15:46
Kangarootrader No Experience - 0 Aug 21 2020 at 16:36
Name Gain Drawdown System Trading Type Leverage Started Tracking Discussion
KIWI & KANGAROO IN CANADA +0.00% 0.00 Technical Automated Real 1:500 0 0
KangarooEA -98.22% 1.71 - - Demo 1:888 Nov 19 2019 at 00:00 0 0
Kangaroo EA NEW -86.44% 89.02 - - Demo 1:500 Aug 24 2020 at 00:00 0 0
Kangaroo Manual Live -99.90% 99.93 - - Real 1:500 Aug 21 2020 at 00:00 0 0
Kangaroo EA OLD -54.60% 69.85 - - Demo 1:500 Aug 16 2020 at 00:00 0 0
Kangaroo Manual +38.78% 23.81 - - Demo 1:500 Aug 20 2020 at 00:00 0 0
KangarooEA +49.67% 46.96 Technical Automated Real 1:500 Dec 01 2010 at 00:00 57 16
Kangaroo - PFX +187.14% 19.39 Technical Automated Real 1:100 Jan 17 2012 at 00:00 70 5
Kangaroo EA discontinued +47.76% 20.94 Technical Automated Real 1:400 Sep 26 2012 at 00:00 8 4
Kangaroo EA +116.45% 53.43 Technical Automated Real 1:500 Mar 15 2017 at 00:00 1 0
KANGAROO_OINPRO71 +202.78% 0.50 Fundamental Mixed Real 1:500 Dec 19 2020 at 00:00 0 0
dasani (dasani)
Jan 02 2013 at 15:45
14 posts
I would not recommend Kangaroo EA...
archiebald2 (archiebald2)
Apr 26 2015 at 12:27
3 posts
Kangaroo is not for sale anymore. Anyone have a licence they are willing to sell as I would like to acquire a copy to try.
TheFX4You (TheFX4You)
Jun 10 2013 at 14:44
92 posts
blum posted:
I am toalal new here and need your advice. I am searching for an good EA wich brings 4 to 7 % a month. Is Kangaroo EA a good chhoice???? They are closing on first of december so have make my dession till friday.

Whats your opinon?
Is there a better ea for me?



Definitely NOT to buy this one.


 
 
PipsTrap (PipsTrap)
Feb 16 2013 at 21:16
7 posts
Kangaroo is no longer for sale.
bladerunner (bladerunner)
Apr 28 2015 at 15:48
25 posts
archiebald2 if you wish you can contact me at . I might have a solution for you if you wish to trade Kangaroo EA. I am still trading it. If you wish contact me at tradinglandpoint@gmail.com
Michigander (Michigander)
Jan 02 2013 at 18:23
321 posts
Kangaroo is no longer for sale, so its a moot question.
blum (blum)
Nov 27 2012 at 09:06
1 posts
I am toalal new here and need your advice. I am searching for an good EA wich brings 4 to 7 % a month. Is Kangaroo EA a good chhoice???? They are closing on first of december so have make my dession till friday.

Whats your opinon?
Is there a better ea for me?

Andrew_S (Andrew_S)
Sep 04 2013 at 10:59
15 posts
I'm with everybody! No Kangaroo for me...not any more😞
san4x (san4x)
Jul 09 2013 at 08:21
edited Jul 09 2013 at 08:25
86 posts
FxMasterGuru posted:

It is funny that you bring up FxTulip today, which EA has been doing great for almost 3 years. Until TODAY when it has created a 19% DD, wiping out approx. 6 months' of profits. If you had started FxTulip a few weeks ago with 100k, your losses would be around 18k today. Would you add 18k to your account and continue FxTulip...?? Possibly, but I doubt.

As this above example shows 'sh.t can hit the fan' at any time with grid strategies. And sooner or later it will. The question is whether you are lucky enough to build up some profit before it happend. But if we have to talk about luck in regard to any strategy, then probably its not worthwhile even to consider. Unless a 'touch of gambling' is what a trader needs to spice his days up.

Best regards (Üdvözlettel):

FMG



'wiping out 6 months..'? I suggest you look again.

While I truly appreciate your posts here, as I tried to get a sense of risk for this system as well by asking questions about max DD at default risk (see previous posts), you also seem to exaggerate a bit.

In defense of TulipFX, the potential drawdown at default risk settings was always clearly communicated and documented. So every trader knew well in advance what could happen should they run Kangaroo on default risk.
venox250 (venox250)
Jul 09 2013 at 08:54
edited Jul 09 2013 at 08:55
18 posts
FxMasterGuru posted:

It is funny that you bring up FxTulip today, which EA has been doing great for almost 3 years. Until TODAY when it has created a 19% DD, wiping out approx. 6 months' of profits. If you had started FxTulip a few weeks ago with 100k, your losses would be around 18k today. Would you add 18k to your account and continue FxTulip...?? Possibly, but I doubt.


If you look at that chart, SL's happened in the past too. I was only a reflection to your inquiry about a grid system that is more than a year old and has less than 20% drawdown. Kangaroo is still like that even with today's SL.

san4x posted:

'wiping out 6 months..'? I suggest you look again.

While I truly appreciate your posts here, as I tried to get a sense of risk for this system as well by asking questions about max DD at default risk (see previous posts), you also seem to exaggerate a bit.

In defense of TulipFX, the potential drawdown at default risk settings was always clearly communicated and documented. So every trader knew well in advance what could happen should they run Kangaroo on default risk.


This is my point too: know the risks involved and see if risk:reward is okay.
FxMasterGuru (FxMasterGuru)
Jul 09 2013 at 12:12
1607 posts
san4x posted:
FxMasterGuru posted:

It is funny that you bring up FxTulip today, which EA has been doing great for almost 3 years. Until TODAY when it has created a 19% DD, wiping out approx. 6 months' of profits. If you had started FxTulip a few weeks ago with 100k, your losses would be around 18k today. Would you add 18k to your account and continue FxTulip...?? Possibly, but I doubt.

As this above example shows 'sh.t can hit the fan' at any time with grid strategies. And sooner or later it will. The question is whether you are lucky enough to build up some profit before it happend. But if we have to talk about luck in regard to any strategy, then probably its not worthwhile even to consider. Unless a 'touch of gambling' is what a trader needs to spice his days up.

Best regards (Üdvözlettel):

FMG



'wiping out 6 months..'? I suggest you look again.

While I truly appreciate your posts here, as I tried to get a sense of risk for this system as well by asking questions about max DD at default risk (see previous posts), you also seem to exaggerate a bit.

In defense of TulipFX, the potential drawdown at default risk settings was always clearly communicated and documented. So every trader knew well in advance what could happen should they run Kangaroo on default risk.


Thanks for the correction. You are right. I was visually estimating Kanga's DD based on its profit curve. It seemed that the profit dropped to the visual level of approximately January of 2013. Since it is not possible to determine exactly when the profit was at that level, using the average monthly profit %, ONE BASKET has wiped out more than 4 months' of profit. In one day.

For most people the losses are really 6 months of profit or even more. Why? Because with any profitable strategy 95% percent of the traders increase their stake. Most of them want more profits, they reinvest their profits, even add to the capital and increase their lots. So their losses today were exponential and that is why 95% of Kanga's followers' profits are set back by at least 6 months. The only exceptions are those traders who have been trading Kanga with the same exact lot number for years. Like FxTulip's portfolio. I doubt that there is even one Kanga subscriber who would run it with the same exact lots for years....

So after all, my estimation was probably right for 95% of Kanga clients. Or even too optimistic.
__________________________________________________________________________________

So, what are the chances that Kanga will not wipe out another 4 months' profit in a few days? I don't know, but statistically much higher than yesterday, as it just happened.

Why now? Why most strategies stumble after some time? Well, because market behaviour can change unpredictably. So only those strategies and traders can survive and be successful on the long run, who can SENSE and ANTICIPATE these changes. (We all have indicators letting us know about these changes. But too late. After the facts.) That is why fund managers producing 30-40% YEARLY profits can collect millions of dollars monthly salaries.
san4x (san4x)
Jul 14 2013 at 07:14
86 posts
Oh, so because someone on Donnaforex wrote this it's true?

This is the third full SL since inception of Kangaroo. There were two stoplosses in 2011, with same %DD, around 18-19%. So even that post, stating 'the biggest in history' is not correct.

I track the official account, and stick to my point. Anyway, futile discussion.
FxMasterGuru (FxMasterGuru)
Jul 14 2013 at 06:21
1607 posts
san4x posted:
FxMasterGuru posted:

It is funny that you bring up FxTulip today, which EA has been doing great for almost 3 years. Until TODAY when it has created a 19% DD, wiping out approx. 6 months' of profits. If you had started FxTulip a few weeks ago with 100k, your losses would be around 18k today. Would you add 18k to your account and continue FxTulip...?? Possibly, but I doubt.

As this above example shows 'sh.t can hit the fan' at any time with grid strategies. And sooner or later it will. The question is whether you are lucky enough to build up some profit before it happend. But if we have to talk about luck in regard to any strategy, then probably its not worthwhile even to consider. Unless a 'touch of gambling' is what a trader needs to spice his days up.

Best regards (Üdvözlettel):

FMG



'wiping out 6 months..'? I suggest you look again.

While I truly appreciate your posts here, as I tried to get a sense of risk for this system as well by asking questions about max DD at default risk (see previous posts), you also seem to exaggerate a bit.

In defense of TulipFX, the potential drawdown at default risk settings was always clearly communicated and documented. So every trader knew well in advance what could happen should they run Kangaroo on default risk.


To San4x: Yeah, Kanga has wiped out 6 months' of profit. Really! Just read comments from actual Kanga subscribers on Donnaforex before you write 'I suggest you look again'...

https://www.donnaforex.com/forum/index.php?topic=2840.2490

Quoted from the above link: 'Yes, that's true. I know your feeling a bit as I hit SL's (6 trades) on Kanga wiping 6 months of profit. So I am basically at 0% really, because I started Kangaroo EA in feb. After such huge loss, which is the biggest in Kanga history there will be questions/fear if we should continue to trade. Not long time ago there was very similar trade (6 trades) that almost hit SL (very few pips).'




forexgermany (forexgermany)
Jan 14 2012 at 16:32
138 posts
As promised, the detailed results for 2011. The account name 'Multi-Strategy' isn't random, meaning I add and remove EAs all the time. Therefore, the following list contains only EAs which significantly contributed to the overall performance, one way or the other.

Forex Multivers: 7,139 trades gaining 6,684 pips
Hyper v1: 834 trades gaining 1,929 pips
Forex MegaDroid: 117 trades gaining 591 pips
FAP Turbo: 524 trades gaining 602 pips (added mid-September)
Kangaroo EA: 304 trades gaining 1,755 pips
Forex Cleaner: 28 trades gaining 561 pips (added early in November)

Please keep in mind that this is an ECN account so the EAs have to earn the commission.
krana (krana)
Apr 11 2012 at 16:28
66 posts
what are the web sites for these EA to buy ??

Forex Multivers:
Hyper v1:
Forex MegaDroid:
FAP Turbo:
Kangaroo EA:
Forex Cleaner:
krana (krana)
Apr 11 2012 at 16:25
66 posts

   forexgermany posted:
   As promised, the detailed results for 2011. The account name 'Multi-Strategy' isn't random, meaning I add and remove EAs all the time. Therefore, the following list contains only EAs which significantly contributed to the overall performance, one way or the other.

Forex Multivers: 7,139 trades gaining 6,684 pips
Hyper v1: 834 trades gaining 1,929 pips
Forex MegaDroid: 117 trades gaining 591 pips
FAP Turbo: 524 trades gaining 602 pips (added mid-September)
Kangaroo EA: 304 trades gaining 1,755 pips
Forex Cleaner: 28 trades gaining 561 pips (added early in November)

Please keep in mind that this is an ECN account so the EAs have to earn the commission.



when you say it has to earn commision .. what does that mean..
lolik (lolik)
Feb 10 2011 at 04:55
5 posts

TulipFX posted:
    Hi lolik,

If you go to our website at www.tulipfx.com and download our KangarooEA whitepaper, full backtests are provided there for you to analyse.


well, i have already done that...
it mention only profit in $$$$$$
the whitepaper does not mention average pips per trade in backtesting...
bch159 (bch159)
Feb 11 2011 at 14:46
32 posts
Lolik: not that I've got anything to do with TulipFX (other than having bought Kangaroo), but as I'm getting exhausted by the Vaudeville cross-talk act:

Average Win: 18.31 pips / $534.98
Average Loss: -13.27 pips / -$392.62

based on 32 seconds' analysis having uploaded the AUDUSD backtest TulipFX posted above into the myfxbook strategy analysis applet. You can see it at https://www.myfxbook.com/strategies/kangaroo-audusd/2754 - I'll leave you to do the EURUSD yourself.

If you're trying to work out the 'pip expectancy' then of course you'll need to factor the above data into the strike rate - which is also in the strategy analyser at the link above.

Before you accuse others of lying/hiding/cheating always best, in my experience, to check you're not being dense yourself... although I do understand it's easy to make that assumption in the autotrader marketplace. For what it's worth, I've found TulipFX extremely open and responsive, and a far cry from the breathless marketing approach taken by most EA vendors.
TulipFX (TulipFX)
Apr 18 2011 at 06:24
edited Apr 18 2011 at 06:26
34 posts
Hi Dave,

It depends how you define a trend I suppose. The KangarooEA uses an averaging system, which is neither a grid nor a martingale. It has a very smart logic to enter additional trades and why in 8 months we have not had a losing trade sequence in our results.

As long as you have set your risk according to your tolerance level, just let the KangarooEA do its thing for you and continue to make money on your account.
TulipFX (TulipFX)
Mar 07 2011 at 00:29
34 posts
Hi Nick,

We have clients running the KangarooEA on IBFX. The KangarooEA is not spread dependent, of course spreads do pay their part but KangarooEA is not a scalper after 2 or 5 pips, so as long as the spread is reasonable (say 3 or under) then that is fine.

KangarooEA version 5.9 was released last week - as we had to fix an issue with the newsfilter, so we added many (almost all) of the Version 6 improvements (hence version 5.9 ... almost 6). We have the user interference solution and the partial fills to release in the final version 6. These are quite complicated logics so we are taking our time to get them right. Like mentioned above however version 5.9 contains 6 out of 8 version 6 improvements.

I hope that answers your question. We always welcome comments, feedback and questions at our email address info@tulipfx.com

Regards,

Ozzie @ TulipFX
Name Gain Drawdown Started Discussion
kangaroo 20150828 +113.16% 15.74 Jan 11 2012 at 00:00 0