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My EA Monthly Results

  • #1
  • First Post: May 10, 2008 3:11am May 10, 2008 3:11am
Hello guys,

I created this thread to post the results of my EA running on my live account since 10/04/2008

The main purpose of this thread is to motivate every ambitious trader to believe that stable profitable automated systems can be possibly coded however I will not discuss nor publish how it works.

This first periodical update shows the graph of the EA running on my live account from 10/04/2008 until 10/05/2008.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement-Since10-4-2008.gif Size: 5 KB
When life gives you lemons, make lemonade
  • #2
  • May 10, 2008 3:17am May 10, 2008 3:17am
I will look forward for more updates. But I don't see any significant edge in first month's graph.
  • #3
  • May 10, 2008 3:54am May 10, 2008 3:54am
Quoting micho
Hello guys,

I created this thread to post the results of my EA running on my live account since 10/04/2008

The main purpose of this thread is to motivate every ambitious trader to believe that stable profitable automated systems can be possibly coded however I will not discuss nor publish how it works.

This first periodical update shows the graph of the EA running on my live account from 10/04/2008 until 10/05/2008.
May I know which broker are you using? Thanks
  • #4
  • May 10, 2008 4:25am May 10, 2008 4:25am
Quoting good
I will look forward for more updates. But I don't see any significant edge in first month's graph.
The average pips per month should be around 250~300. The maximum draw down should be around 450 pips. These statistics were taken by back testing since 1999, taking into consideration the slippage and broker's conditions.
When life gives you lemons, make lemonade
  • #5
  • May 10, 2008 4:28am May 10, 2008 4:28am
Quoting joschia
May I know which broker are you using? Thanks
I heard a lot of bad comments regarding Crown Forex, but I thought like testing it on my live account for a period and till now I have no complains. The slow execution time of Crown Forex is not bothering my EA and the 1 pip spread with average 1.5 pips slippage per trade is taken into consideration.
When life gives you lemons, make lemonade
  • #6
  • May 10, 2008 4:51am May 10, 2008 4:51am
Quoting micho
I heard a lot of bad comments regarding Crown Forex, but I thought like testing it on my live account for a period and till now I have no complains. The slow execution time of Crown Forex is not bothering my EA and the 1 pip spread with average 1.5 pips slippage per trade is taken into consideration.
Great....look forwards to more updates...
  • #7
  • May 10, 2008 11:30am May 10, 2008 11:30am
Really your real account with spread 1 pips?
  • #8
  • May 10, 2008 1:00pm May 10, 2008 1:00pm
nice thread

hard to take it seriously though

not much evidence except a graph that can be made on a backtester
  • #9
  • May 10, 2008 1:41pm May 10, 2008 1:41pm
Quoting MrForex123
Really your real account with spread 1 pips?
Ya, the broker is called Crown Forex.

They have disadvantages but my EA seems to work fine with them till now
When life gives you lemons, make lemonade
  • #10
  • May 10, 2008 1:43pm May 10, 2008 1:43pm
Quoting tdion
nice thread

hard to take it seriously though

not much evidence except a graph that can be made on a backtester
You are right. Sometimes you meet people who don't lie but still find it hard to trust them...
So it is up to you to take it seriously or not. Sorry but I cannot put any more information about it because I would like to keep it confidential.
When life gives you lemons, make lemonade
  • #11
  • May 10, 2008 3:50pm May 10, 2008 3:50pm
So when do we get to buy it?
The breaking of a wave cannot explain the whole sea.
  • #12
  • May 10, 2008 3:57pm May 10, 2008 3:57pm
Quoting micho
The average pips per month should be around 250~300. The maximum draw down should be around 450 pips. These statistics were taken by back testing since 1999, taking into consideration the slippage and broker's conditions.
A slow bleeding festering wound until your account is drained to death.
Same Whore .... Different Dress
  • #13
  • May 10, 2008 3:57pm May 10, 2008 3:57pm
Quoting Craig
So when do we get to buy it?
I did not create this thread to market my system, but only to prove to the ambitious traders to believe in automated systems. I haven't decided really to sell it.
When life gives you lemons, make lemonade
  • #14
  • May 10, 2008 3:58pm May 10, 2008 3:58pm
Quoting micho
You are right. Sometimes you meet people who don't lie but still find it hard to trust them...
So it is up to you to take it seriously or not. Sorry but I cannot put any more information about it because I would like to keep it confidential.
Then why bother posting it..... Unless you plan to spam us later with the deal of the century.
Same Whore .... Different Dress
  • #15
  • May 10, 2008 3:59pm May 10, 2008 3:59pm
Quoting johnedoe
A slow bleeding festering wound until your account is drained to death.
Sorry, can you explain yourself? I did not understand what you meant.
When life gives you lemons, make lemonade
  • #16
  • May 10, 2008 4:01pm May 10, 2008 4:01pm
Quoting johnedoe
Then why bother posting it..... Unless you plan to spam us later with the deal of the century.
No I already have a warning, one more and I will be kicked out from the forum so I am not here to spam...

We will just share the results of the EA monthly
When life gives you lemons, make lemonade
  • #17
  • May 10, 2008 4:01pm May 10, 2008 4:01pm
The average pips per month should be around 250~300. The maximum draw down should be around 450 pips.


What part of your own admission that this EA has a bigger drawdown than expected gain per month don't you understand?
Same Whore .... Different Dress
  • #18
  • May 10, 2008 4:02pm May 10, 2008 4:02pm
Quoting micho
No I already have a warning, one more and I will be kicked out from the forum so I am not here to spam...

We will just share the results of the EA monthly
Your not sharing anything except some equity? graph......
Same Whore .... Different Dress
  • #19
  • May 10, 2008 4:08pm May 10, 2008 4:08pm
Quoting johnedoe
The average pips per month should be around 250~300. The maximum draw down should be around 450 pips.


What part of your own admission that this EA has a bigger drawdown than expected gain per month don't you understand?
The maximum drawdown since 1999, it is not the average drawdown. I did write MAXIMUM and the average profit/loss per month is +250~300 which means the average is positive. The maximum monthly loss was around -200 over 12*9 + 5= 113 months.
When life gives you lemons, make lemonade
  • #20
  • May 10, 2008 4:11pm May 10, 2008 4:11pm
Quoting johnedoe
Your not sharing anything except some equity? graph......
Here is what the result should look like in a 16 months period. If you take into account the 1.5 average slippage per trade which means -1.5 per trade, you will get a little bit less than that.

The maximum drawdown during backtesting was 350 but taking into considerations the slippage you would get around 450.
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When life gives you lemons, make lemonade
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