BlueMonkey Real Money Live Test == Started Oct 2014 (bluemonkey) Thảo luận

fx5473br

Tham gia từ Aug 13, 2014 146bài viết

Dec 23, 2014 at 04:24

Tham gia từ Aug 13, 2014 146bài viết

I just created the two accounts and i'm waiting for alex to enable the EA for then.

The accounts are already public

Alex, if you need to check anything in the vps you arealdy have the credetials.

Now we're running 4 brokers:

IronFx
FXCM
ThinkForex
FxPro

thanks all for your collaboration

Banana123

Tham gia từ Dec 20, 2014 11bài viết

Dec 23, 2014 at 07:56

Tham gia từ Dec 20, 2014 11bài viết

Wow fantastic. I just woke up and it's good to see all my 8 short positions were closed with good net profit but a little sad that the master account's DD is back again to 20% due to that 1 pip short of hitting the long closing target. I have checked again my trade that closed all my buy positions and I found out that the price even went 4.6 pips higher than my buy closing target and it looks quite strange to me why the master account needs 1 more pip before hitting the closing target of those long positions. Please note that I am not even using VPS, I am using only my laptop so hardware issue can be ruled out. Therefore, i think it has something to do with the broker.

mt4cas

Tham gia từ Nov 04, 2014 6bài viết

Dec 23, 2014 at 10:59

Tham gia từ Nov 04, 2014 6bài viết

@bluemonkey.

You have opened a 'competition' of suggestions - have you already decided?
Would you share the results with us: What and why s.o. has won?
Thanks in advance!
Calli

willgart

Tham gia từ Aug 20, 2011 587bài viết

Dec 23, 2014 at 13:39

Tham gia từ Aug 20, 2011 587bài viết

tic tac... does the 30% loss will be applied this time? :) (because the account already suffered a -39% in the past)
or does the account will not be update for a while and the trade never closed? :)

forex_trader_8565

Tham gia từ Mar 12, 2010 106bài viết

Dec 23, 2014 at 13:41

Tham gia từ Mar 12, 2010 106bài viết

willgart posted:
tic tac... does the 30% loss will be applied this time? :) (because the account already suffered a -39% in the past)
or does the account will not be update for a while and the trade never closed? :)

Hello @willgart

Bluemonkey's account in myfxbook, I believe it uses 100% risk.

willgart

Tham gia từ Aug 20, 2011 587bài viết

Dec 23, 2014 at 13:48

Tham gia từ Aug 20, 2011 587bài viết

done...
http://statements.forexpeacearmy.com/blue_monkey_real/statement_new.htm
at 5:34
the account got a DD of 911$ for a balance of 2472$ or 36.8% of loss...
more than the 30% threshold...

so its confirmed, the vendor hides things :)

Banana123

Tham gia từ Dec 20, 2014 11bài viết

Dec 23, 2014 at 14:00

Tham gia từ Dec 20, 2014 11bài viết

I am afraid today is the judgement day for the 30% of the account. Luckily i do not have the floating loss of those buy trades and currently enjoying profit on opened sell trades by the monkey.

willgart

Tham gia từ Aug 20, 2011 587bài viết

Dec 23, 2014 at 14:51

Tham gia từ Aug 20, 2011 587bài viết

ok... some trades has been closed... but not all BUY ones... why?

gorydan

Tham gia từ Jan 30, 2014 47bài viết

Dec 23, 2014 at 15:06

Tham gia từ Jan 30, 2014 47bài viết

To save your accounts from the drawdown, please read the following. You can apply it manually. I posted it early december.

gorydan posted:
@bluemonkey

Here is the concept to limit the loss owed to the drawdown, it is " the stoploss by stage ".

The general explanation is in this sentence: " When the drawdown reaches the maximal level of loss that you settled, the EA will close the oldest position taken on the pair. "

Now here is the illustration of this idea:
In the configuration of your robot, when you attach it to a currency pair, you have to fix the threshold of release of the stoploss in percentage of your capital.
Until now, once this level reached, the robot enclosed all the positions taken on this pair.
Now I propose you " stoploss by stage " that would allow to enclose the oldest position taken on a given pair when the drawdown reaches the fixed threshold, and it until the trend returns in our direction.
Naturally it understands that the robot continues to open its new positions to continue its suite.

If the EA is attached to several currency pairs, it is the one which will reach the level of maximum fixed drawdown which will activate " the stoploss by stage " in the first one, and so on...

Advantages:
- You don't lose the total amount of the drawdown because it is splitted.
- In every older position removed, the take profit gets closer to the price.
- You can take bigger positions easily.
- The drawdown will not exceed the value fixed in percentage because it will be "scalped" in its peak.

Inconveniences:
- To be positioned contrary to a trend of more than pips 300 at least, without retracement, what is rare but possible. But " the stoploss by stage " will continue its work.

For the technical details and the coding of the " stoploss by stage " in MT4, there are several possibilities :
You can command your robot to close " lots " or " groups of lots " such as they were opened, because, as I noticed, when there is big movements, the EA opens a group of lots after a number of pips to catch up the delay.

If you have any questions, do not hesitate to ask me.

willgart

Tham gia từ Aug 20, 2011 587bài viết

Dec 23, 2014 at 15:33

Tham gia từ Aug 20, 2011 587bài viết

thanks.
could be a good strategy... but sometimes its better to accept the loss and restart correctly instead of waiting a long long time to see the signal going up... without any buy profit for days or weeks.

willgart

Tham gia từ Aug 20, 2011 587bài viết

Dec 23, 2014 at 18:10

Tham gia từ Aug 20, 2011 587bài viết

its now 42% of DD on the forexpeacearmy site... no more trade closed for now...
(941$ on 2213$)

raviluke

Tham gia từ Apr 20, 2013 160bài viết

Dec 23, 2014 at 21:01 (đã sửa Dec 23, 2014 at 21:02)

Tham gia từ Apr 20, 2013 160bài viết

Drawdown now at 51% according to forex peace army statement.

fxtrader10

Tham gia từ Feb 09, 2010 224bài viết

Dec 23, 2014 at 21:13

Tham gia từ Feb 09, 2010 224bài viết

I have decided to turn this EA off for the moment for obvious reasons - though I should be honest and say I haven't suffered a loss with this EA and in fact I made quite a bit from a few days of running it but the fact my personal account does differ greatly from the vendors is quite worrying and it shouldn't happen.

growforex

Tham gia từ Apr 24, 2014 39bài viết

Dec 24, 2014 at 07:48

Tham gia từ Apr 24, 2014 39bài viết

people when it goes bad with monkey he updated his page anymore.
which was also in the previous account. I hope you guys all have a good Christmas.

monkey you good Christmas to,😀

FinalElement21

Tham gia từ May 03, 2014 9bài viết

Dec 24, 2014 at 07:48

Tham gia từ May 03, 2014 9bài viết

fx5473br posted:
alright I'll setup for fxpro also thinkforex give some time ;)

Also it would be good to give Traders Way a try.

FinalElement21

Tham gia từ May 03, 2014 9bài viết

Dec 24, 2014 at 07:49

Tham gia từ May 03, 2014 9bài viết

willgart posted:
done...
http://statements.forexpeacearmy.com/blue_monkey_real/statement_new.htm
at 5:34
the account got a DD of 911$ for a balance of 2472$ or 36.8% of loss...
more than the 30% threshold...

so its confirmed, the vendor hides things :)

When the EA measures DD. Its not calculated by account balance. Its calculated per trade.

thesupremeforex

Tham gia từ Apr 25, 2014 248bài viết

Dec 24, 2014 at 07:49

Tham gia từ Apr 25, 2014 248bài viết

Hi,
Hi this is a crazy EA!!!!!

Help others

FinalElement21

Tham gia từ May 03, 2014 9bài viết

Dec 24, 2014 at 07:50

Tham gia từ May 03, 2014 9bài viết

gorydan posted:
To save your accounts from the drawdown, please read the following. You can apply it manually. I posted it early december.

gorydan posted:
@bluemonkey

Here is the concept to limit the loss owed to the drawdown, it is " the stoploss by stage ".

The general explanation is in this sentence: " When the drawdown reaches the maximal level of loss that you settled, the EA will close the oldest position taken on the pair. "

Now here is the illustration of this idea:
In the configuration of your robot, when you attach it to a currency pair, you have to fix the threshold of release of the stoploss in percentage of your capital.
Until now, once this level reached, the robot enclosed all the positions taken on this pair.
Now I propose you " stoploss by stage " that would allow to enclose the oldest position taken on a given pair when the drawdown reaches the fixed threshold, and it until the trend returns in our direction.
Naturally it understands that the robot continues to open its new positions to continue its suite.

If the EA is attached to several currency pairs, it is the one which will reach the level of maximum fixed drawdown which will activate " the stoploss by stage " in the first one, and so on...

Advantages:
- You don't lose the total amount of the drawdown because it is splitted.
- In every older position removed, the take profit gets closer to the price.
- You can take bigger positions easily.
- The drawdown will not exceed the value fixed in percentage because it will be "scalped" in its peak.

Inconveniences:
- To be positioned contrary to a trend of more than pips 300 at least, without retracement, what is rare but possible. But " the stoploss by stage " will continue its work.

For the technical details and the coding of the " stoploss by stage " in MT4, there are several possibilities :
You can command your robot to close " lots " or " groups of lots " such as they were opened, because, as I noticed, when there is big movements, the EA opens a group of lots after a number of pips to catch up the delay.

If you have any questions, do not hesitate to ask me.

Then why has the master account currently at this time allowed the difference between DrawDown and Account balance to be above 30%. The difference is currently (341.71% to 194.55%)

hokie

Tham gia từ Oct 11, 2014 51bài viết

Dec 24, 2014 at 07:53

Tham gia từ Oct 11, 2014 51bài viết

willgart posted:
its now 42% of DD on the forexpeacearmy site... no more trade closed for now...
(941$ on 2213$)

When will the monkey says 'uncle' ? 30%, 40%, 60%, 100% ???

EURUSD	1.13037	GBPUSD	1.32767	AUDUSD	0.64436
USDJPY	144.966	USDCAD	1.38103	USDCHF	0.8268

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BlueMonkey Real Money Live Test == Started Oct 2014Thảo luận