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FxPapa Expert Advisor (Genom FxPapa)
Användaren har raderat systemet..
FxPapa Expert Advisor Diskussion
Medlem sedan Nov 26, 2011
136 inlägg
May 22, 2012 at 11:46
mckarlos posted:
something I can not understand. When we met the big drawdown your Lots were just 0.12, so you haven´t lost so much mony. Then you wrote it is because of your broker. But right after this everything is ok und the lotsize is as normal.? very strange.
Please read the discussion board. I've explained it.
May 24, 2012 at 14:01
Hi FxPapa,
It would be great if one of your future versions could include risk related to period of time and day so that it allowed us to reduce or increase risk on certain days and certain periods of time. Fx Papa goes very well on Wednesdays and afternoons (12-17:30h your EA time). It's not very good on Tuesdays. We should find a way to make it a little more profitable because if it loses 5 times in the year (same risk along the year) no profit will come. If it loses more than 5, it will end the 12-month period in loss. I think setting the risk based on parts of the day and days might improve it a llittle.
It would be great if one of your future versions could include risk related to period of time and day so that it allowed us to reduce or increase risk on certain days and certain periods of time. Fx Papa goes very well on Wednesdays and afternoons (12-17:30h your EA time). It's not very good on Tuesdays. We should find a way to make it a little more profitable because if it loses 5 times in the year (same risk along the year) no profit will come. If it loses more than 5, it will end the 12-month period in loss. I think setting the risk based on parts of the day and days might improve it a llittle.
Medlem sedan Nov 26, 2011
136 inlägg
May 29, 2012 at 05:11
therebox posted:
Sorry - correction related to my calculations above - even if the EA loses once every 2 months (losing 6 times in the year), it probably would end the year profitably.
Thanks for your notice. We try our best to improve the results.
May 29, 2012 at 05:21
therebox posted:
Sorry - correction related to my calculations above - even if the EA loses once every 2 months (losing 6 times in the year), it probably would end the year profitably.
yes yes, u r right, it will be too profitable, if you will decrease the lot size at the time of drawdown just like fxpapa did in the recent drawdown. HA HA HA HA 😇😇😇😇😇😇
Jun 05, 2012 at 03:26
Hi FxPapa,
I think your results are impressive and I am considering joining. I have one question for you first: have you analyzed your floating drawdown for your 1-3 trade baskets? Before your -218 pips loss on May 16, your worst previous drawdown was -124 pips on Feb 7, which came back to profit. But the worst floating DD besides that has been -35 pips on Jan 9. Correct me if I'm wrong - I'm just going off myfxbook data here. Have you considered reducing the -220 collective SL to say -40 pips? If I'm correct, a -40 pip SL would have you at +140 pips compared to now. I think you open up to 3 trades 60 pips apart, right? Maybe those could be closer together and/or reduced to 2 (or just 1). Correct my thinking if I'm missing something here. Great system as is - just wondering if risk management can be improved given the trade history thus far. Thanks.
I think your results are impressive and I am considering joining. I have one question for you first: have you analyzed your floating drawdown for your 1-3 trade baskets? Before your -218 pips loss on May 16, your worst previous drawdown was -124 pips on Feb 7, which came back to profit. But the worst floating DD besides that has been -35 pips on Jan 9. Correct me if I'm wrong - I'm just going off myfxbook data here. Have you considered reducing the -220 collective SL to say -40 pips? If I'm correct, a -40 pip SL would have you at +140 pips compared to now. I think you open up to 3 trades 60 pips apart, right? Maybe those could be closer together and/or reduced to 2 (or just 1). Correct my thinking if I'm missing something here. Great system as is - just wondering if risk management can be improved given the trade history thus far. Thanks.
forex_trader_59158
Medlem sedan Jan 09, 2012
4 inlägg
Jun 05, 2012 at 18:19
Has the new Fxpapa update been postponed or it's gonna been released inside June? Thanks
Jun 05, 2012 at 19:43
gwringh,
What you wrote is wrong. There were at least 60 pips in DD (2 trades open same time) 12 times on the following days since the beginning of the year:
- today (06.05)
- 05.16 - the loss
- 04.18
- 04.13
- 04.11
- 03.25
- 03.19
- 03.12
- 03.07
- 02.07 (3 trades)
- 01.09
- 01.04
Anyway it's a good system, at least it seems to me. If you want to reduce 220 pips to lose less, something close to 100 (100+40 in the 2nd trade) might be a good idea, but I'm not sure. But not 35.
What you wrote is wrong. There were at least 60 pips in DD (2 trades open same time) 12 times on the following days since the beginning of the year:
- today (06.05)
- 05.16 - the loss
- 04.18
- 04.13
- 04.11
- 03.25
- 03.19
- 03.12
- 03.07
- 02.07 (3 trades)
- 01.09
- 01.04
Anyway it's a good system, at least it seems to me. If you want to reduce 220 pips to lose less, something close to 100 (100+40 in the 2nd trade) might be a good idea, but I'm not sure. But not 35.
Jun 05, 2012 at 20:00
Yeah, I thought that looked wrong. I guess the myfxbook Drawdown tab does not work the way I would like it to (which would be to show the maximum floating drawdown each day for all open trades - and per trade would be awesome - like segmented bars). As it stands, I'm not sure what they're showing. I think their equity graphs must be wrong as well.
Medlem sedan Nov 26, 2011
136 inlägg
Jun 06, 2012 at 01:46
Zuttasoxx posted:
Hmm I haven't gotten the trades of june.. So I missed the last 2 trades.. I checked my chart and it has verified so what can it be? ANybody else not receiving the 2 trades?
Hi
Please contact our support.
Regards
Medlem sedan Nov 26, 2011
136 inlägg
Jun 06, 2012 at 01:48
gwrigh posted:
Hi FxPapa,
I think your results are impressive and I am considering joining. I have one question for you first: have you analyzed your floating drawdown for your 1-3 trade baskets? Before your -218 pips loss on May 16, your worst previous drawdown was -124 pips on Feb 7, which came back to profit. But the worst floating DD besides that has been -35 pips on Jan 9. Correct me if I'm wrong - I'm just going off myfxbook data here. Have you considered reducing the -220 collective SL to say -40 pips? If I'm correct, a -40 pip SL would have you at +140 pips compared to now. I think you open up to 3 trades 60 pips apart, right? Maybe those could be closer together and/or reduced to 2 (or just 1). Correct my thinking if I'm missing something here. Great system as is - just wondering if risk management can be improved given the trade history thus far. Thanks.
Hi
Thanks for your suggestion. We try to find the best optimization.
Regards
Medlem sedan Nov 26, 2011
136 inlägg
Jun 06, 2012 at 01:49
stpachis posted:
Has the new Fxpapa update been postponed or it's gonna been released inside June? Thanks
Hi
We are working on it. We want to test it live before publish.
Regards
Medlem sedan Nov 26, 2011
136 inlägg
Jun 12, 2012 at 06:39
ragency posted:
FxPapa,
While my demo account picked up the EURUSD (+8.8 pips) today, my live account did not.
The EA display messages were correct on both when I checked ...
Do you have any recommendations?
Hi
This may happens sometimes. The reason is different between brokers' price and spread.
Regards
Medlem sedan Sep 29, 2010
178 inlägg
Jun 12, 2012 at 14:33
u need an option for clients to switch off gbpusd trades. gbpusd seems to be your weakest pair, and biggest loss too in pips. can you implement that in your next updated. as well as a safety net SL incase our vps or your server disconnects. it has happened to me before with other EAs and had a margin call before there wasnt any visible stop loss even though there was an internal sl.
Get Rich or Die Trying
Jun 12, 2012 at 15:46
FxPapa and ragency,
In my view, Fxpapa server has a few problems. I'll explain why I think so. I have 2 EAs running in the same broker and same VPS, with different risks, both real accounts. Today 1 account traded twice. The other account trade once. The account that traded once had a trade (risk 25) with 3% profit. The other account (same trade, risk 10) made less than 0.5%. From time to time I see the EA active in one MT and not active in the other MT. So unless a better explanation is presented, the only one I see for this is the problem is in the FxPapa server.
In my view, Fxpapa server has a few problems. I'll explain why I think so. I have 2 EAs running in the same broker and same VPS, with different risks, both real accounts. Today 1 account traded twice. The other account trade once. The account that traded once had a trade (risk 25) with 3% profit. The other account (same trade, risk 10) made less than 0.5%. From time to time I see the EA active in one MT and not active in the other MT. So unless a better explanation is presented, the only one I see for this is the problem is in the FxPapa server.
