Rekon-X Auto Bots Expert Advisors for Forex Trading | Forex Factory

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Rekon-X Auto Bots Expert Advisors for Forex Trading

  • #1
  • First Post: Edited Aug 24, 2017 10:49am Aug 21, 2017 11:06am | Edited Aug 24, 2017 10:49am
Hi All,

One good news for the buddies followed me so far (10 plus years), I have finally compiled all my trading strategies for forex in one Exper Advisor and this is absolutely free for testing.

I will be sharing more details shortly.

Please feel free to download and test Rekon-X EURUSD Autobot posted here. Note, You may need to update the trading times for buy and sells as per the latest trend and time series analysis.

Keep following this page for updated numbers!
  • #2
  • Aug 21, 2017 11:14am Aug 21, 2017 11:14am
If you guys are new, check out my profile page to read my past works. It will be a good start for you guys to know and understand easily what I am talking about.
  • #3
  • Aug 21, 2017 11:19am Aug 21, 2017 11:19am
Let's start with the latest result set for various currency pairs, I am posting few, in case you want to check for any other pair, feel free to post!

NZDUSD Result:

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  • #4
  • Aug 21, 2017 11:27am Aug 21, 2017 11:27am
Before I start posting the results for other 8 pairs, one quick note is the results were not good for any AUD pairs for this EA so I am not trying any AUD pairs now but verifying all positive results by deploying the bots in my live account, I do have plan to do a deep dive later on the AUD pairs but I think there are few fundamental facts are making AUD risky for trading now a days. So, it is not in my favourite list.
  • #5
  • Aug 21, 2017 11:30am Aug 21, 2017 11:30am
Here is the look from my live account with Bots deployed on 9 Major/Minor currency pairs.

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  • #6
  • Aug 21, 2017 11:40am Aug 21, 2017 11:40am
Before posting any further result, just want you to remind you the core believe I have for my trading methods or any other methods, which is, It is easy task for an account having >1000 USD, you can easily make weekly profit out of it and pay your bills either full or a portion of it, but the less size of account you have the more tough it is to gain profit and sustain.

I am pretty happy that this EA works great for small accounts and it can do wonder for large accounts!
  • #7
  • Aug 21, 2017 11:56am Aug 21, 2017 11:56am
ok
super.i wait...
Find it The Best Entry Points
  • #8
  • Aug 21, 2017 12:09pm Aug 21, 2017 12:09pm
Quoting rekon67
Before posting any further result, just want you to remind you the core believe I have for my trading methods or any other methods, which is, It is easy task for an account having >1000 USD, you can easily make weekly profit out of it and pay your bills either full or a portion of it, but the less size of account you have the more tough it is to gain profit and sustain. I am pretty happy that this EA works great for small accounts and it can do wonder for large accounts!
Need to see long backtest result
Regard NOOR16
  • #9
  • Aug 21, 2017 12:10pm Aug 21, 2017 12:10pm
Quoting vgyuszko
ok super.i wait...
Sure, thanks.
  • #10
  • Aug 21, 2017 12:12pm Aug 21, 2017 12:12pm
Quoting Noor16
{quote} Need to see long backtest result
Sure thing!

My believe is long history will show good result only because of two major components of this EA

1) Time Series Analysis and clustering
2) Regression Analysis
  • #11
  • Aug 21, 2017 12:14pm Aug 21, 2017 12:14pm
EURGBP Result:

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  • #12
  • Aug 21, 2017 12:29pm Aug 21, 2017 12:29pm
Quoting rekon67
{quote} Sure thing! My believe is long history will show good result only because of two major components of this EA 1) Time Series Analysis and clustering 2) Regression Analysis
Another point about back testing is, you may disagree but assume in your script you are providing a condition on locking your profit if it gains a % say 5% but you have a fixed stop loss, it will never give you a good back testing result on this strategy, rather if you have risk reward 1:1, 1:2 or so your back testing result will improve, however, it has nothing to do with actual real world scenario.
  • #13
  • Aug 21, 2017 10:54pm Aug 21, 2017 10:54pm
Quoting rekon67
Hi All, One good news for the buddies followed me so far (10 plus years), I have finally compiled all my trading strategies for forex in one Exper Advisor and this is absolutely free for testing. I will be sharing more details shortly.
After testing, will EA be inaccessible?
Please excuse the bad English via Google Translate.
  • #14
  • Aug 22, 2017 12:21am Aug 22, 2017 12:21am
Quoting VEEFX
{quote} Good Luck on your journey. I personally applaud your courage to put everything you have learnt from your 10+ yrs of experience into an EA for everyone to see.
I do suppose, very soon, Mr.Rekon67 will likely begin to post only at the commercial section of this forum. With this kind of signature, it is hard to believe things will happen otherwise...
Attached Image
Maadik Hugiis. IQ 69.
  • #15
  • Edited Aug 23, 2017 12:42am Aug 22, 2017 5:10am | Edited Aug 23, 2017 12:42am
Quoting MoneyZilla
{quote} I do suppose, very soon, Mr.Rekon67 will likely begin to post only at the commercial section of this forum. With this kind of signature, it is hard to believe things will happen otherwise... {image}
This signature is helpful for other people to join the WhatsApp group and share / receive private information. Also, helpful for cutting-off unnecessary noice on the thread.

Yes, I got your point, so testing the EA and commercialization two are different things.

I am targeting to make the EA available for testing to the people who either pm me or WhatsApp me.

{ information deleted by staff, per membership policy }

There is no hurry and no need for me to promote it now. I think I am clear about the background. It will take some time to elaborate more on this and make all clear about the entire project.

Please feel free to post in the mean time. After all, knowledge is something which I gathered here and nurtured, contribution from each will make it better for use.
  • #16
  • Aug 22, 2017 5:14am Aug 22, 2017 5:14am
Quoting dokopy
{quote} After testing, will EA be inaccessible?
I don't think so, once it is available you can use it as per your choice.
Only thing which is going to update is it's characteristics, as people are going to report various findings and we need to update the EA for betterment.
  • #17
  • Aug 22, 2017 5:23am Aug 22, 2017 5:23am
Quoting rekon67
{quote}Please feel free to post in the mean time. After all, knowledge is something which I gathered here and nurtured, contribution from each will make it better for use.
That is alright. I just wanted to warn you what your destiny on FF will likely to be...

Post the ea. Lets see it how it works on a demo. For the testing purposes - the less parameters it has in the set file, the better.
Maadik Hugiis. IQ 69.
  • #18
  • Aug 22, 2017 5:35am Aug 22, 2017 5:35am
Quoting VEEFX
{quote} Good Luck on your journey. I personally applaud your courage to put everything you have learnt from your 10+ yrs of experience into an EA for everyone to see. I might start a similar thread but only if my results hold merit for a minimum of 3 consecutive years with realized drawdown capped at 30% floating drawdown (peak/trough equity) at 15% risk per trade <= 2% and risk of ruin < 5% That's the goal I have set for myself with my automation in order to put my future retirement ($100+K) capital at risk in Forex. For me, Risk is everything...
Yes, agree with you. Jump start with a thread and getting attention is not the objective. And, it is not a commercial product with vague claims.

Some working method which earns profit at the most odd situation compiling it into a script is the objective.

Even, if you do 100% full proof strategy, then also you are dependent on your broker platform how it responds during release of billion dollar numbers? How it executes your time specified trades with minimal slippage, how it interprets risk %, how it calculates and assigns trade lots when market releases volumes of data, there are n number of factors which will possibly try to make your strategy defeat, so I think expecting some long term stable proof of profiting system from a broker account is a myth.

Yes, you can follow online signal services which shows you month on month transactions/ trade reports etc. But can you put a handsome money on them? At the day's end you need a control on that as well, I loved your thought on opening similar thread when you have 3yrs or so positive working history.

I would say, do it when you are doing it, instead waiting for 3 years result, back testing forward testing all has it's own merit and benefits.

I will discuss on the problem statement you have given, once I have some free hours later today.


Thank you for posting, it makes the trading interactive. Cheers!
  • #19
  • Aug 22, 2017 5:41am Aug 22, 2017 5:41am
Quoting MoneyZilla
{quote} That is alright. I just wanted to warn you what your destiny on FF will likely to be... Post the ea. Lets see it how it works on a demo. For the testing purposes - the less parameters it has in the set file, the better.
well say
Regard NOOR16
  • #20
  • Aug 22, 2017 6:23am Aug 22, 2017 6:23am
I will be sharing the EA before USA open this Friday. Presently it is currency pair specific, so I will make it universal, it can be use on any pair.

There will be lot of input parameters, this may be a downside for first time installation, but I want user to customize it in maximum possible way. Basically, I do not want to put lot of hidden layers of trading methods on it.

Example, setting up trading time, order type, lot size, profit marzin, stop loss etc.

Will post in detail while distributing the system.

It is for mt5 only and I don't think we would need a mt4 version.

I am not going to attach the file here, rather it will be distributed privately but everyone is welcome to post the observations here.

I do understand not everyone is going to like everything, but let's be constructive and channalise the positive energy.

Feel free to post your methods of trading and expections in the mean time. Take care.
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