MT4 EA Daily Play V1.1

Need to update on this thread now

Im quite busy lately so Im not able to track the real performance of the bot in the excel. However, some guys out there on the discord server are sharing their results of the bot on different accounts (standard/micro) on different brokers (icm, xtb, fibogroup, ...) so the latest results (12.-16. 10. 2020) are: -1,67% on the standard risk version - thats 1/4th of the risk I was setting the bot - so the live account would be down by -6,68% last week.

The only thing here is - that are the results of a micro acount at Fibogroup, their spreads and commissions are quite big, I dont know if thats another problem or not..

The tracked account was nearly blown on my own manual high risk trading last week, I stopped the bot for now on this acc and started some kind of revenge challenge to get it up again with high risk manual trading

I also posted some new experimental version of the bot for free in the Discord server so be sure to check it out!

Happy Piphunting FF traders!

Weekly update to the real performance of the bot:

Risk option: 0,25%
Weekly start: 10k
Weekly end: 10,442k
Gain: 442 (4,42%)

Sadly I dont have more information on this as it was on a demo on a discord users account, but as soon as next week Im running a new version (Experimental V2.0) on my own, tracked account again with a higher risk setting (2.0), so I will be able to tell the real performance + extra info about trade number, hitrate, expectancy and such stuff..

Furthermore, we now have the proof that broker fees play a BIG role on the bot, even bigger than I anticipated.. The 0,5% risk option on a spread-only account did worse in terms of % gain than the 0,25% risk option on a commission-spread-mix account!

Conclusion: If you want the max out of the bot - look for a zero-spread, low commission account. Best option ofc would be an account with institutional fees.

Happy Piphunting, stay safe and have fun on the weekend!
Piphunter

Quick update on the "original" bot here

Since this week monday Im running it on the monitored account here on FF again after I tried all the "new, experimental" versions (didnt work as expected )

Stats so far for this (election)week:

Starting balance and equity: 17.000€
current equity: 18.200€ (255€ unrealized)
gain: 1.200€ / 7,05% (1,5% unrealized)
Max DD: ~150€ (~1%)
Trades taken: 415
Running: 67
Closed winner: 276
Closed loser: 71
Closed even: 68
Hitrate: 66,5%
Expectancy: +0,017%
Risk setting: 0.25 "Standard Risk"

From next week on I will likely get the risk up again to 1.0 "High Risk".

Im quite happy how the bot can perform under such hightened volatility conditions like this election week. I also have some minor changes done in the background and will test them on a demo account simultaneously to see which is performing better

For more info on the bot - pls check our free and growing discord server https://discord.gg/KH8Td4Q
were professionals and newbies show and discuss manual entries, fundamentals and many many more

Have a nice weekend, stay safe and have some fun!
Pip

Weekly update on the bot:

Its running (original one) on my bigger, constitutional fees account and on demo's of a friend on discord at the moment.

Stats live account last week:

Gain: 3,21%
Max DD: 1,7%
Trades: 364
Winner: 236
Hitrate: 64,8%

Stats Demo account last week:

Gain: 2,56%
Max DD: xx
Trades: 359
Winners: 226
Hitrate: 62,9%

Pic is stats from the Demo account (from discord user)

Happy piphunting and stay safe!

Custom age of TE.
Contradicting trades.

No thanks.

Recipe for failure.

Worse trade profit is 30% of account and 3x bigger than best trade profit.

@barnell it would be a pleasure if you would read the whole thread

The tracked account on FF started as the bot account, but I turned it into a high risk manual trade account.. So.. NO, THIS IS NOT THE BOT ANYMORE

Have a nice day

As I stated above, max DD of "standard" risk bot is still running at 3,6% (on live, constitutional fees, raw spread account at ICMarkets, 250k+), below the calculated max of 5%.. Gain is at 19,3% at the moment, running for 8 weeks now (bit below 2,5%/week, gain withdrawn weekly)..

And no, I dont track the account as this is quite personal data on a bigger account..

Some ANNOUNCEMENT!

As the min equity threshold for the standard risk bot is quite "high" (10k), I decided to open a fond-like program.

I will have a live account with 10k (or more) at IC Markets ready from next week on (23rd Nov.) running the original standard risk bot.
Everyone can then send me an inquiry, deposit money there and get paid gains every month.
The whole thing will be as transparent as possible, you will receive the investor password to the account and I will be tracking the account here on FF too for stats overviews (then we will have the real, retail accounts stats live again).


Some summary of the bot so far:

As stated above in the thread, the bot is running on the more or less original form for around 3 months now, profitable since day 1.
The form which will run the account is running for around 2months now on my bigger live account - gains there at 19,1% at the moment overall, withdrawing gains weekly.
Max DD there stands at 3,6%.

The whole thing is free ofc, same as the bot itself! Gains are paid 100% of your partial fond equity.

If you have any further questions / want to use this program - join our discord server https://discord.gg/KH8Td4Q

Have another pipfull week ya´all!
Dom

Another week passed, another week the bot did its best!
This time around, it made some losses though, but looking forward to more gains ahead.

Stay safe Piphunters!

It's not worth the risk to put your money on an EA. But if you really want i can share one that only the license costs more than $10.000 and makes +20% profits monthly.