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BlueMonkey Real Money Live Test == Ended Oct 2014 (Od bluemonkey )
Používateľ odstránil tento systém.
BlueMonkey Real Money Live Test == Ended Oct 2014 Diskusia
Členom od Dec 10, 2013
82 príspevkov
Sep 03, 2014 at 12:12
I lost 30% today using the default settings... The EA just closed all my sell orders on E/G
now or never!
forex_trader_205556
Členom od Aug 29, 2014
5 príspevkov
Sep 03, 2014 at 12:13
A question:
Does the EA ever trade both pairs at the same time? Or have you now disabled EU trading untill the EG trades are closed?
So in other words are the two pairs trading 100% independently or ?
BR
Flip
Does the EA ever trade both pairs at the same time? Or have you now disabled EU trading untill the EG trades are closed?
So in other words are the two pairs trading 100% independently or ?
BR
Flip
Členom od Dec 08, 2010
60 príspevkov
Sep 03, 2014 at 13:03
Hello Blue monkey how do i set my EA so it only takes 1/3 of your trades my account balance is 2000 USD leverage is 500:1?
forex_trader_205556
Členom od Aug 29, 2014
5 príspevkov
Sep 03, 2014 at 13:48
Looks like it is over 30% loss here without being closed?
http://www.forexpeacearmy.com/metatrader_expert_advisor/blue_monkey/real
Flip
http://www.forexpeacearmy.com/metatrader_expert_advisor/blue_monkey/real
Flip
Členom od Dec 10, 2013
82 príspevkov
Sep 03, 2014 at 13:48
Alex, could I use anther EA next to Blue Monkey? Meaning if the 30% risk settings are hit on Blue Monkey, will it close all the trades or only the trades opened by Blue Monkey?
Could you update your MyFxbook? I assume that you also lost 30%?
Could you update your MyFxbook? I assume that you also lost 30%?
now or never!
Členom od Jul 31, 2013
33 príspevkov
Sep 03, 2014 at 13:49
Sincerely...
If Bluemonkey´s team wants to be honest with people and the drawdown has increased to the maximum of 30% it would be really good for their credibility to assume the lost and reflect it on their account. Tha´s the only way they can really continue and not blowing the account as with other EAs they developed...with that performance is better to show the real working of the EA than continuing until the balance curve goes to zero.
If Bluemonkey´s team wants to be honest with people and the drawdown has increased to the maximum of 30% it would be really good for their credibility to assume the lost and reflect it on their account. Tha´s the only way they can really continue and not blowing the account as with other EAs they developed...with that performance is better to show the real working of the EA than continuing until the balance curve goes to zero.
Členom od Jul 31, 2013
33 príspevkov
Sep 03, 2014 at 13:49
eurgbp could be the definitely the black beast.. let´s see
Členom od Jun 08, 2014
4 príspevkov
Sep 03, 2014 at 13:51
The 30% everyone has lost proves the system is working as programmed.
If you read the manual im pretty sure it lays it out there.
Lower your risk and inital lot if you dont have the appetite, expect smaller returns.
The 400% gain is representative of the risk willing to be taken
If you read the manual im pretty sure it lays it out there.
Lower your risk and inital lot if you dont have the appetite, expect smaller returns.
The 400% gain is representative of the risk willing to be taken
Členom od Feb 24, 2014
190 príspevkov
Sep 03, 2014 at 13:57
I have assumed 1/3 of the risk assumed by bm. I did not get stopped out yet. I have my sl at 10% and have had a max of about a 7% drawdown. Not sure if my lot sizes are less than 1/3 but according to alex I am set at 1/3. Sorry to all who have lost (I'm not fully in the clear yet but back down to about 5% drawdown). Lower you settings and risk less. Its a good system so far but better to be safe than sorry. I am going to to be decreasing my risk even more to about 5% risk each. Bm made 80% in one month 1/6 of that is still damn good!
Členom od Aug 20, 2011
587 príspevkov
Sep 03, 2014 at 14:26
well... the BM back tests results in more than 50% of DD. and the DD calculated by an MT4 back test is very bad (only calculated when a trade is closed)
so for sure the EA can have an DD higher than 50%.
we'll have to see if the profits will be good enough... or if the ratio profit / DD is too high.
so for sure the EA can have an DD higher than 50%.
we'll have to see if the profits will be good enough... or if the ratio profit / DD is too high.
Členom od Dec 08, 2010
60 príspevkov
Sep 03, 2014 at 14:27
Could someone tell me how to set my setting that i only trade 1/3 .my account is $2000 usd and my leverage is 500:1 i am running both pairs thanks
Členom od Jun 22, 2014
423 príspevkov
Sep 04, 2014 at 01:36
smahil posted:
Could someone tell me how to set my setting that i only trade 1/3 .my account is $2000 usd and my leverage is 500:1 i am running both pairs thanks
Use the following settings:
Initial_lot: 0.01
Account_balance: 2000
Accountloss margin: 10
Členom od Jun 22, 2014
423 príspevkov
Sep 04, 2014 at 01:37
Flip posted:
A question:
Does the EA ever trade both pairs at the same time? Or have you now disabled EU trading untill the EG trades are closed?
So in other words are the two pairs trading 100% independently or ?
BR
Flip
sometimes. yet that is not critical to the life of the EA.
they work 100% independently but sometimes they have trades at the same time.
A
Členom od Feb 24, 2014
190 príspevkov
Sep 04, 2014 at 01:39
Alex can you update your accy?
Členom od Jul 31, 2013
33 príspevkov
Sep 04, 2014 at 06:37
Flip posted:
Looks like it is over 30% loss here without being closed?
http://www.forexpeacearmy.com/metatrader_expert_advisor/blue_monkey/real
Flip
Yes I think he doesn´t use the 30% drawdown stop loss...that´s why in the end the account can crash...if the eurgbp continuous up without enough correction tha account will go to zero...that´s all
I think it would be better to assume the 30% lost and then keep on trading...that´s all...but is his decision...
Členom od Feb 24, 2014
190 príspevkov
Sep 04, 2014 at 11:15
Alex,
Just wondering why we haven't gotten any EURUSD trades at all this week.
Just wondering why we haven't gotten any EURUSD trades at all this week.
Členom od Oct 27, 2012
21 príspevkov
Sep 04, 2014 at 13:48
Hey Alex, did you manage to close the EURGBP trades after the ECB rate cut?
Členom od Feb 24, 2014
190 príspevkov
Sep 04, 2014 at 13:49
Mine closed for a decent profit. Amost 2%
Členom od Dec 07, 2009
134 príspevkov
Sep 04, 2014 at 13:57
The vendor disconnected his account to myfxbook for more than 1 day during this eurgbp drawdown to hide the fact that his new maximum dd was going to far exceed the calculated 28% that is currently displayed. Very deceptive since I would guess that the account was nearly wiped out and he was very lucky that it corrected when it did otherwise he would have been in need of a new account on his website. It really is only a matter of time before it is margin called with the risk level he is using in an attempt to display such huge gains.
Be afraid, very afraid?
Členom od Jul 31, 2013
33 príspevkov
Sep 04, 2014 at 14:02
askew8 posted:
Mine closed for a decent profit. Amost 2%
San Mario Draghi...haha
