Hi FX Real Profit Team


Is this account at IC Markets using the latest version with default settings?

Perhaps you could provide further information for each account specifying settings, as well as the versions of FRPEA used and when they were used.


Cheers

Dear Surrealistik,

The exact settings are the following:

First 12 charts:
FRPEAv6.06:
- Currencies: audusd, euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy, nzdusd
- Default settings
- Risk_percent = 3

Additional 10 charts:
FRPEAv6.06:
- Currencies: euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy
- Strategy 1 and 2 only
- Risk_percent = 3

* MagicNumbers: 74963755, 74963766, 74963777, 74963788 for Strategy 1, 2, 3, 4. (only for the Additional 10 charts)
* USDJPY - to Only Long, because of the risk of BOJ intervention. (Only for the Additional 10 charts)
* EURCHF - to Only Long, because of the risk of SNB intervention. (Only for the Additional 10 charts)

We use the normal settings and the conservative settings on the same account.
The risk is 2 times higher than normal.


All our updated Live Accounts Settings are available to our members in the Member Zone in the ForexRealProfitEA_settings PDF.


Kind regards,
Adrian
ForexRealProfitEA Team.

fxrealprofitea posted:
Dear Surrealistik,

The exact settings are the following:

First 12 charts:
FRPEAv6.06:
- Currencies: audusd, euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy, nzdusd
- Default settings
- Risk_percent = 3

Additional 10 charts:
FRPEAv6.06:
- Currencies: euraud, eurcad, eurchf, eurgbp, eurusd, gbpchf, gbpusd, usdcad, usdchf, usdjpy
- Strategy 1 and 2 only
- Risk_percent = 3

* MagicNumbers: 74963755, 74963766, 74963777, 74963788 for Strategy 1, 2, 3, 4. (only for the Additional 10 charts)
* USDJPY - to Only Long, because of the risk of BOJ intervention. (Only for the Additional 10 charts)
* EURCHF - to Only Long, because of the risk of SNB intervention. (Only for the Additional 10 charts)

We use the normal settings and the conservative settings on the same account.
The risk is 2 times higher than normal.


All our updated Live Accounts Settings are available to our members in the Member Zone in the ForexRealProfitEA_settings PDF.


Kind regards,
Adrian
ForexRealProfitEA Team.

hello Adrian
Have you changed anything since this post? Updated the EA version or changed the quoted settings for this specific account?
Thanks!

Hi,

Yes, we use our updated version of the robot, FRPEAv6.10, with the default settings.

FRPEAv6.10 uses 5 different strategies, 2 for scalping on Asian session, 2 for scalping on trend all day and one breakout strategy.

Kind regards,
Adrian
ForexRealProfitEA Team.

Hello and thanks for the reply!
Are you trading between 21-22 or 22-23 or both? from what I have read, it depends on the time of the year, summer or winter? is this still relevant for the V6 version?
Also on what risk% have you been running the EA on this account?
Thanks!

Dear Ben,

Those hours are not relevant for our updated version of the robot.

FRPEA v6.10:
MagicNumber1 (74963711) = Asian scalping strategy 1 (old version 5 modified)
MagicNumber2 (74963722) = Asian scalping strategy 2 (new)
MagicNumber3 (74963733) = Trend scalping strategy 1 (all day)
MagicNumber4 (74963744) = Trend scalping strategy 2 (all day)
MagicNumber5 (74963777) = Breakout strategy (all day)

The risk is set to 3.5% / 150 pips (Stop Loss value).

Kind regards,
Adrian
ForexRealProfitEA Team.

why its not verfied?

result for these few days are bad... what happen?

Dear SleepingFX,

All trading robots are based on statistical probability; FRPEA is programmed to take advantage on the average behavior of the forex market.
Any exception to the rule (or to the average behavior) can end up in loss, but loss is part of the trading and cannot be avoided. The most important thing is to win more than we lose on long term.

All strategies used by us are tested on tickdata history database for the last 8 years and metaquotes history database for the last 13 years.
If maximal draw down limit is not exceeded, there is no worry about changes to the average behavior of the forex market.

Also, our 6 years automated trading experience is used by us for continuous improvement of our trading strategies and our robot.


Kind regards,
Adrian
ForexRealProfitEA Team.

Hmm, the profile doesn't seem to be updating properly; last update was 16 hours ago as of the time of this writing.

Dear Surrealistik,

I sent a support ticket;
there are no updates while Myfxbook EA works just fine on our side.

Hope to solve this soon.

Kind regards,
Adrian
ForexRealProfitEA Team.

Forex Real Profit EA

excellent ea bro,what is the risk setting that you are using ?

fxrealprofitea posted:
Dear Surrealistik,

I sent a support ticket;
there are no updates while Myfxbook EA works just fine on our side.

Hope to solve this soon.

Kind regards,
Adrian
ForexRealProfitEA Team.

Hi Adrian,

Just try resetting the MFB EA; worked for me!

Dear rob559,

We calculated the risk so if we lose maximum draw dawn from the last 8 years of tickdata backtests and last 15 years of metaquotes backtests combined, the total loss doesn't exceed 25% from the account.


Kind regards,
Adrian
ForexRealProfitEA Team.

thanks😄

@rob559

This strategy has not made any net, i.e. 'REAL' profit for the past 8 months... (except for the broker)

So what is excellent about it...??

Do I miss anything...??

you are right ,thanks

Dear FxMasterGuru,

It’s true, last 8 months are on break even, but still 73% profit for the last year.

Never end up on loss on yearly basis, for the last 6 years of live trading.

Kind regards,
Adrian
ForexRealProfitEA Team.

looks like the recent addition of another volatility breakout system have increased the risk. You said the risk was going to be split between the 2 vol BO systems but clearly the opposite has happened....