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Forex Robot World Cup?

  • #141
  • Feb 23, 2010 6:51pm Feb 23, 2010 6:51pm
Quoting jtmoore007
ItKIt is in big dd. But even with dd it's still up 48%

In the manual they say to keep .01 lot for every 1K in the account.
On members area they have a live account with "CONSERVATIVE" risk setting which is .02 lots for 1K account. Does that mean setting in manual is SUPER CONSERVATIVE ? which can translate to 10% return a month instead of 330% in 19 days ?
Trading is SIMPLE not EASY.
  • #142
  • Feb 23, 2010 6:59pm Feb 23, 2010 6:59pm
Quoting oqey
a lot of ppl think that with EAs like this there is no loss whatsoever, they run this thang and when they see few losses they freak out and start complaining that its rubbish. the thang is patience,losses couple with sound money management is the name of the game. A lot of ppl here are having succes with this stuff some due to unforseen reasons either with settings or glitch are not, there is a huge difference with real and demo acct, seeing that this ea was developed on a real acct and being tested when the market is at the most difficult time...
Having the Hirider open 10 positions long on EU and is now sitting at 100 pip loss, is not reassuring. This is not sound money management too me. Especially when the naked eye looks at the chart and sees the sell off. Yes I did manually short EU on Live account, while watching the DEMO Hirider take the loss. and How will it manager this loss?
-The hirider will wait to gain its 12 pips in another 112 Bullish spike:-)


However it is reassuring to see that the MYFXBOOK Fusion placed the same
10 LONGs on EU (from Hirider, i would assume) Atleast there is some consistency.

And If EBAY is selling the EA's.....$@&6$@ BS.
  • #143
  • Feb 23, 2010 7:03pm Feb 23, 2010 7:03pm
Quoting garfield75
In the manual they say to keep .01 lot for every 1K in the account.
On members area they have a live account with "CONSERVATIVE" risk setting which is .02 lots for 1K account. Does that mean setting in manual is SUPER CONSERVATIVE ? which can translate to 10% return a month instead of 330% in 19 days ?
Very interesting..

We all know that the 330% in 19 days was just a plead for attention. I would still be happy with 10% a month, for not doing anything..
  • #144
  • Feb 23, 2010 7:12pm Feb 23, 2010 7:12pm
Quoting garfield75
All robots are available on ebay for $99.00
Ok so I just had all the Ea's hacked so no register is needed.\
However on this Ebay ad, (easy to find, just type in FRWC) this guy from
INDO,, did not mention anything about the Register # for access...

This merchant also sold another Combo of other EA's ... dont know what to expect from Ebay..
  • #145
  • Edited 8:01pm Feb 23, 2010 7:44pm | Edited 8:01pm
Quoting garfield75
In the manual they say to keep .01 lot for every 1K in the account.
On members area they have a live account with "CONSERVATIVE" risk setting which is .02 lots for 1K account. Does that mean setting in manual is SUPER CONSERVATIVE ? which can translate to 10% return a month instead of 330% in 19 days ?

During the 19 day live trading in Jan the minimum lot size was .1 on a initial account size fo $1000. In the beta test that has been running since Feb 4, the lot sizes have been steadily getting bigger with account size. Starting at around .45 on a $10,000 initial account size and now .6 or .5.

It seems HiRider violates the intent of this setting when it opens multiple trades (up to 10) at almost the same price. Shouldn't the maximum number of trades for it be 1 for conservative trading? I notice that in the beta tester results, HiRider has been dialed back to a smaller lot size than the others, but still it puts more money at risk at once than the others by a factor of 2 to 5.
  • #146
  • Feb 23, 2010 11:16pm Feb 23, 2010 11:16pm
In all my demo accounts so far LMD Multicurrency has performed the worst of all EA's. Has any one else experienced the same ?
Trading is SIMPLE not EASY.
  • #147
  • Feb 24, 2010 6:19am Feb 24, 2010 6:19am
i am getting good result so far

http://www.myfxbook.com/members/shrek

best to all

sun trader
  • #148
  • Feb 24, 2010 8:51am Feb 24, 2010 8:51am
Quoting suntrader123
i am getting good result so far

http://www.myfxbook.com/members/shrek

best to all

sun trader

Is there some reason the account hasn't been verified?

The bots went on sale Feb 16 yet you show transactions on the 15th. How is that possible?
  • #149
  • Edited 4:00pm Feb 24, 2010 8:57am | Edited 4:00pm
Quoting suntrader123
i am getting good result so far

http://www.myfxbook.com/members/shrek

best to all

sun trader
All your account has AUDNZD trades, Fusion doesn't trade it. Except for the last one, which only has EURUSD, that account was started today.
How do you explain your remark of "Getting Good result so far" ?
Trading is SIMPLE not EASY.
  • #150
  • Feb 25, 2010 1:38am Feb 25, 2010 1:38am
Quote
Check out the beta tester's results. Sitting on a huge drawdown. HiRider riding low.

it's not about hirider, its EURO which is riding low. Look on the chart. It is abnormally low and fell to the level of May 2009. All EAs are having hard time these weeks.
  • #151
  • Feb 25, 2010 6:55am Feb 25, 2010 6:55am
Quoting Marktradr
it's not about hirider, its EURO which is riding low. Look on the chart. It is abnormally low and fell to the level of May 2009. All EAs are having hard time these weeks.

OK, so the market is to blame for the failings of HiRider and the other losing EAs. I guess that makes sense.
  • #152
  • Feb 25, 2010 10:03am Feb 25, 2010 10:03am
Quoting Marktradr
it's not about hirider, its EURO which is riding low. Look on the chart. It is abnormally low and fell to the level of May 2009. All EAs are having hard time these weeks.
please tell me i didnt read that
  • #153
  • Feb 25, 2010 10:05am Feb 25, 2010 10:05am
this is me currently on my vps in case it helps anyone...top echf was me manually before i loaded the ea
Attached Image (click to enlarge)
Click to Enlarge Name: fwrc.png Size: 66 KB
  • #154
  • Feb 25, 2010 3:43pm Feb 25, 2010 3:43pm
I am so impressed with fusion ea... I have it on my $ 2,000 demo account since last Monday and set Hirider to two trades only because this account doesn't allow trade less than 0.10 lot size. LMD lost two big trades around 50 pips each but now there is a positive 140 pips floating from them. Straasha wins 11 trades as each lot size increased. Straasha is the best one so far in four days with around 230 dollars profit. No trades yet from Volcanos and Neg-correction.
  • #155
  • Feb 25, 2010 5:59pm Feb 25, 2010 5:59pm
Quoting DeafPipster
I am so impressed with fusion ea... I have it on my $ 2,000 demo account since last Monday and set Hirider to two trades only because this account doesn't allow trade less than 0.10 lot size. LMD lost two big trades around 50 pips each but now there is a positive 140 pips floating from them. Straasha wins 11 trades as each lot size increased. Straasha is the best one so far in four days with around 230 dollars profit. No trades yet from Volcanos and Neg-correction.

I think that is exactly the right thing to do with HiRider. It needs to be brought into line with the risk of the others. I wouldn't fall in love with Straasha too quickly. I don't know much about it since it failed so badly in the competition, but it was demostrating signs of having a Martingale structure and that will work well sometimes but as a long term strategy it usually fails. But again you might like Martingale and I don't so we would react differently.

I definitely think that Fusion is going to be dependent on the trader to find the best combination of risk/reward and so far FRWC cannot be relied upon for that.
  • #156
  • Feb 25, 2010 6:41pm Feb 25, 2010 6:41pm
i'm not too keen on how many new registrants write here on FF just to claim support for the EA
  • #157
  • Feb 25, 2010 7:01pm Feb 25, 2010 7:01pm
Quoting Sim
i'm not too keen on how many new registrants write here on FF just to claim support for the EA
We have had one fraudster and he got caught out pretty quickly. I for one enjoy the feedback from many. Few posts |= stupidity || fraudlent.
  • #158
  • Feb 26, 2010 5:18am Feb 26, 2010 5:18am
I noticed the MYFXBOOK/ shrek is not functional. Maybe the bots crashed again.

I pulled these bot off the demo accounts for now. Maybe next month will be better .lol.
  • #159
  • Feb 28, 2010 7:33pm Feb 28, 2010 7:33pm
The Fusion V robot is now being live tested at 4XProject. It started a week ago so the results are still too early to be relied upon. I have no idea how good 4XProject's evaluations are but they talk a good game.

This shows FWRC is not afraid to expose their robots to 3 party monitoring. They are now on Forex Peace Army, myFXBook and 4XProject.

http://www.4xproject.com/expert-advisors/ea-demo-tests/
  • #160
  • Mar 1, 2010 7:43am Mar 1, 2010 7:43am
My $1000.00 demo account was up by $34.00 after 1 1/2 weeks of trading is now down to $485.00 thanks to 3 losses in EURGBP.
4 GBPJPY trades are still open in negative $200.00, at this rate, I expect the account to be wiped out before end of this week.
Trading is SIMPLE not EASY.
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