Australian (ASX) Stock Market Forum

Forex Robots (live EA results)

Jump to new
Wysiwyg said:
I myself don`t see the reasoning behind taking a trade (let alone hundreds) for a few cents to a few dollars.

If you wish, could you give some reasoning why you prefer the multiple trades with a profit/loss of a few cents up to a couple of bucks?
Click to expand...

I have lost to much money already (~$1080.00 USD) playing around with the long term Fap strategy. The mods I did to the long term strategy worked well until the market went against my trades (three times). And mostly due to account size issues, I was not able to trade until I had more equity.

The scalper seems to protect your trades really well. I have seen fast movements in a single trade that has triggered the scalper to exit out ASAP before it losses money. It tries to control the risk as best as it can.

I am not sure if I can increase the lot size without effecting the Money management feature. It does have a default setting to trade microlots and a lot size of 0.1 It is indeed boring to watch small gains, but in time the lot size will increase.

So for now...

I'm using just the scalper and its money management feature. I expect my capital growth to be exponential due to increasing lot sizes over time. Lot size will be relative to the capital growth. That will be evident once I have 1000.00 USD and over. (expecting sizes of 0.02 0.03 and 0.05 and more)

When I hopefully switch to an ECN, the profits will be much larger verses pips gained, due to the tiny spread size (as expected).
 
in the fxcbs software it says "The parties consent to jurisdiction of venue exclusively in the Country of Barbados". And the broker has his bank account in Cyprus. Good luck in the Barbados courts!
 
pilbara said:
in the fxcbs software it says "The parties consent to jurisdiction of venue exclusively in the Country of Barbados". And the broker has his bank account in Cyprus. Good luck in the Barbados courts!
Click to expand...

Well since the US government seems to think it can control the free market and vote on every ones behalf for spending over 9 Trillion dollars without question. What is safe in today s world?

It seems most things involving money is run by crooks.

It is a good thing I invest in Silver and Gold.
 
the broker has his bank account in Cyprus
Click to expand...

lolz.

That is where all the scam brokers are.

Not sure why, must be something to do with the laws there??
 
i cant remember what thread it was in.

but someone was talking about bad performance cause of memory issues.

an idea: change the number of bars in your history. that might help somewhat.
 
Stormin_Norman said:
i cant remember what thread it was in.

but someone was talking about bad performance cause of memory issues.

an idea: change the number of bars in your history. that might help somewhat.
Click to expand...

A well written EA or indicator wont be recomputing the values for the entire history each time a new tick of data is received; I have over 3.5 million data points in my EURUSD_1M chart and it doesn't miss a beat because each time a new tick arrives, only the bars which have not been computed get computed (so normally only the last bar).


wabbit :D
 
OK after reading some good feedback I have made some changes.

I have reduced the amount of trades in return for bigger profits. I have even reduced the Fapturbo trading times to improve the amount of winning trades. I have back tested the new trading times before the idea was put into production.

I have also increased the lot sizes so each trade will give a bigger return.


And yesterday I have introduced a new robot called GT Shadow v3.09. I put this in ASAP after I conducted a back test. I expect it to introduce short periods of major draw down now and then (not all the time) but it should still give near consistent wins.

GT Shadow will only trade at 0.01 lots at any time no matter what the capital is (unless I change the Lot size myself). I will have no control on how many trades will be opened at the same time, and I suspect it depends on the amount of equity that is already in use. I don't think it will place any more trades if 25% of equity is already used up (from my understanding).

I will have both robots running at the same time.
 

Attachments

  • aea0.jpg
    aea0.jpg
    60.8 KB · Views: 14
electronicmaster said:
GT Shadow will only trade at 0.01 lots at any time no matter what the capital is (unless I change the Lot size myself).
Click to expand...

It actually auto calculates the lot size depending on your balance and equity, if the lot size setting is left at 0.0.
But that is all written in the manual which im sure you would have read??:kiffer:
 
hi guys,

new to this particular thread?

im using FAP but wouldnt mind knowing more about PIPforia and if anyone has any experience with it?
 
im unsure to be honest, one of my collegues is using it with some good success. basically its been sugested that it trades under different conditions to FAP so when FAP is working PIPforia wont do as well and vice versa so a good way of capturing good results at all time. I have however just tried to go to the website but it isnt working, maybe it has some maintenance.
 
i put in the incorrect initial start balance ($5k rather then $50k) but this is the first week of live forward testing of franklin.
 

Attachments

  • initial franklin test.jpg
    initial franklin test.jpg
    153.4 KB · Views: 37
finished with $78k at the end of the week from a 50k account.

pretty happy with out its testing. got some further improvements to do yet.
 

Similar threads

pipsbuster
Forex MegaDroid EA - streaming live forward tests
2 3
Replies
48
Views
15K
nevic
N
Glen48
New wave of consumers?
Replies
4
Views
3K
Glen48
Glen48
Top