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  • #801
  • Jun 3, 2019 11:36am Jun 3, 2019 11:36am
Hi @Cubbybgood
Using V3 since last week, seems to be a clear system, thanks for all your effort.

Today I've got no trigger, it's ok?

Last week (+1.35% - 0.08% DD):
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  • #802
  • Jun 3, 2019 12:35pm Jun 3, 2019 12:35pm
[quote=Cubbybgood;12247301] I traded for a firm out in Houston Texas 2 years ago and have proof of this if you want to see.

Which firm allowed you to trade this system for them?

What are the profits made by you with this system by now? Which type of ea you used for that, martingale or stop loss?
  • #803
  • Jun 3, 2019 1:17pm Jun 3, 2019 1:17pm
@Cubbybgood, eventually two of the positions closed with nice profit, third one is still in the red. We'll wait and see what happens. One more thing, well actually two. You said that TP is 200 pips. Is this combined for all the positions like before or for each one? If it is combined than why the profit was way more than 200, and why it didn't close the third position? Thanks again for your reply.
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  • #804
  • Jun 3, 2019 1:34pm Jun 3, 2019 1:34pm
[quote=shmyyy;12308295]
Quoting Cubbybgood
I traded for a firm out in Houston Texas 2 years ago and have proof of this if you want to see. Which firm allowed you to trade this system for them? What are the profits made by you with this system by now? Which type of ea you used for that, martingale or stop loss?

Sure!

Two gentlemen came out to DC where I was living at the time to discuss me trading for their firm. They liked would I could offer and proceeded to fund a $10k account. Eventually adding more and more funds till we hit over $500k.

I will not disclose the firm as I don't think it's wise. I made $47992.53 profit back in 2015 for them. I traded at Belfofx as it was their broker of choice. This broker unfortunately went scam BECAUSE of my client. After a while of trading this $500k account, I started seeing some suspicious price manipulation. I told my client and he allowed me to withdraw my $15k personal account first. I got lucky and received my $15k. My client was't so lucky. He tried to withdraw his entire $500k. The little broker was not able to do this and ended up disappearing a week later with his $500k and pretty much everybody else's funds. It was a very unfortunate experience. I traded very old versions of the RMI and TMA strategies I'm using now on this old account for them.

It was frustrating though because I saw the early signs of this broker going scam. My client was naive and didn't take my advice of making smaller withdraws over a period of a few weeks or months.

https://www.myfxbook.com/members/lil...t-scam/1282344

After the firms loss of over $500k at Belforfx, I still ended up trading for another year to 1.5 years or so for them on a few undocumented accounts of $25k and under but over time, they couldn't handle the large $500k loss I had to be cut.

The crazy thing is they had me on salary + commission! It was a pretty crazy setup.
  • #805
  • Jun 3, 2019 1:38pm Jun 3, 2019 1:38pm
Quoting retrofuture
@Cubbybgood, eventually two of the positions closed with nice profit, third one is still in the red. We'll wait and see what happens. One more thing, well actually two. You said that TP is 200 pips. Is this combined for all the positions like before or for each one? If it is combined than why the profit was way more than 200, and why it didn't close the third position? Thanks again for your reply. {image}
200 basket pips. NOT 200 pips each trade.
  • #806
  • Jun 4, 2019 12:19am Jun 4, 2019 12:19am
Quoting Cubbybgood
Quoting shmyyy
{quote} Sure! Two gentlemen came out to DC where I was living at the time to discuss me trading for their firm. They liked would I could offer and proceeded to fund a $10k account. Eventually adding more and more funds till we hit over $500k. I will not disclose the firm as I don't think it's wise. I made $47992.53 profit back in 2015 for them. I traded at Belfofx as it was their broker of choice. This broker unfortunately went scam BECAUSE of my client. After a while of trading this $500k account, I started seeing some suspicious
...

then why you are not using fxcm or ICMARKETS? or FOREX.com?
  • #807
  • Jun 4, 2019 4:12am Jun 4, 2019 4:12am
can we use V5 default settings with $1k account or is that have a set file
Failure is not failure if you learn from it...
  • #808
  • Jun 4, 2019 4:23am Jun 4, 2019 4:23am
Quoting Cubbybgood
{quote} EA V5 only trades on the GBPCAD. EA V3 trades on GBPCAD, AUDCAD and NZDCAD. Also, you won't get trades every day. Likely every week though.
Hi Cubbybgood, first of all, thank you very much for sharing the system and the EA.
I've study the system with the EA V3 and it's very risky with your actual recommended settings.
But, you can reduce the risk with the following changes:

  1. 20 pips objective instead of 50
  2. Basket with AUDCAD, NZDCAD and AUDNZD
  3. 0.01 lots for a 10k account

In backtest, the EA runs with any currency pair, but here you say that it runs only with your recommended pairs. Could you confirm?
Is it possible to run with other currency pairs than the recommended? I'm interested in crosses other than USD and GBP.

Thank you,
Pedro.

  • #809
  • Jun 4, 2019 5:29am Jun 4, 2019 5:29am
when i run this EA, i see the error.
please help me to fix this error
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  • #810
  • Jun 4, 2019 6:10am Jun 4, 2019 6:10am
Quoting paulad
{quote}{quote} then why you are not using fxcm or ICMARKETS? or FOREX.com?
Those brokers should have been used when I was trading an account of that size but Belforfx was their broker of choice.
  • #811
  • Jun 4, 2019 6:11am Jun 4, 2019 6:11am
Quoting suneth2
can we use V5 default settings with $1k account or is that have a set file
Yup, V5 is already set for a $1000 account.
  • #812
  • Jun 4, 2019 6:19am Jun 4, 2019 6:19am
Quoting pedrofx
{quote} Hi Cubbybgood, first of all, thank you very much for sharing the system and the EA. I've study the system with the EA V3 and it's very risky with your actual recommended settings. But, you can reduce the risk with the following changes: 20 pips objective instead of 50 Basket with AUDCAD, NZDCAD and AUDNZD 0.01 lots for a 10k account In backtest, the EA runs with any currency pair, but here you say that it runs only with your recommended pairs. Could you confirm? Is it possible to run with other currency pairs than the recommended? I'm interested...

Honestly, the settings can be worked with to be run on pretty much any pair if the trader knows what they are doing and knows how and what settings to change. It's the beauty of the methodology. I recommended my 3 pairs as I felt those were the most flexible when it came to using this strategy.

I know some that are trading this system at 10X more my recommended risk settings and I know others that are using 10X less. It's really up to the trader and what kind of risk appetite they have.

Unfortunately, this EA wasn't really built with the new forex trader in mind. The more knowledge you have of the settings and methodology, the more successful the strategy will be.
  • #813
  • Jun 4, 2019 6:20am Jun 4, 2019 6:20am
Quoting wishotte
when i run this EA, i see the error. please help me to fix this error {image}
You may have an old version of the EA. The EA needs the the compiled RMI.exe indicator...

Downloading the RMI.exe and putting it in your brokers indicator folder will fix this.
Attached File(s)
File Type: ex4 RMI.ex4   8 KB | 597 downloads
  • #814
  • Jun 4, 2019 9:23am Jun 4, 2019 9:23am
Hi Cubby,
What if we apply V3 on 3 pairs (GBPCAD,AUDCAD,NZDCAD) and on the same account apply version 5 on GBPCAD as well ?
If you don't build your DREAM, Someone will hire to help build theirs ...
  • #815
  • Jun 4, 2019 9:33am Jun 4, 2019 9:33am
Quoting drsa1970
Hi Cubby, What if we apply V3 on 3 pairs (GBPCAD,AUDCAD,NZDCAD) and on the same account apply version 5 on GBPCAD as well ?

You can do this but I don't really see the point in doing this as the V3 and V5 will take the same GBPCAD entry's. The exits will be different but it doesn't make a whole lot of since to me. I think you should chose which version to trade so you're not over risking your account...
  • #816
  • Jun 4, 2019 11:56am Jun 4, 2019 11:56am
Quoting 6y588
For the "EA_Close_All" EA if I set the magic number = 123, then it will not close my non-EA trades (and also trades from my other EA). Is this correct?
Ive also experienced this aswell. trying my best to do the research before asking
  • #817
  • Jun 4, 2019 12:05pm Jun 4, 2019 12:05pm
Which strategy you used for making that profit for a firm? Martingale or stop loss strategy?
  • #818
  • Jun 4, 2019 12:07pm Jun 4, 2019 12:07pm
Quoting FXsniper111
{quote} You need to put the close all EA on a chart for itself..You cant have 2 EA`S on same chart.....You should really watch some videos on youtube abaut mt4 before starting to trade when you dont know this....
Thank you for your humble response.
Thank you cubbybgood for the EA. The Lord is bragging about you.
  • #819
  • Jun 4, 2019 1:44pm Jun 4, 2019 1:44pm
thanks for sharing
what is the recommended time frame?
how to change stop loss and take profit parameters?
  • #820
  • Jun 4, 2019 2:28pm Jun 4, 2019 2:28pm
Power moon is gone; i am pretty sure he will be coming back; so watch out for new users; especially the ones who posted their first post in this thread.
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