Trading Journal of Baoky, Expert Advisor Trader

Trading Journal of Baoky, Expert Advisor Trader ( Live Accounts )

I am from Singapore, someone who build Expert Advisor, have build over 20 EA for my personal use.
I have other source of income and Forex is my 2nd source of income which I start to source for my 2nd income a few years ago.

Most of my Expert Advisor fail, until recently I build something that reap me 45% profit in 3 weeks time frame, at a max drawdown of 50%.
The Drawdown was due to I play too big lot size for the equity I play.

Took out the 45% profit and the 100% capital and re-open 3 EA at a higher equity and a lower risk setting.

Currently I am running 3 Expert Advisor on 3 currency pair

- EUR/USD
- NZD/USD
- USD/CHF

Reasons why I start building Expert Advisor:

I don't believe in my discipline in manual trading, there will always be 1 time where I am bias to a certain direction , long / short or got caught in bull/bear trap and blow reasonable amount of earning and have to start all over again.

The only way to prevent my personal issue is to use Expert Advisor, 1 who will trade on my algorithm and 24/5 watching the market chart (m1) for me and taking in profit and entry.

My Current EA is running on the following Idealogy

- Grid Trading

If you got question about my EA or if you got question on how to make profitable Expert Advisor or wanna share your EA experience .
If you wanna talk about turning Trading System into EA and share your experience, I am always ready to discuss with you at here.

We can share our experience of converting Forex Trading System into EA.

NZD/USD Earning for Today & friday



EUR/USD roughly make the same amount, USD/CHF is still on day 1 setup.


My setup is simple

I switch on my EA on pairs that reach their previous High/Low ( H1/H4 ) and I run on M1 chart, constantly taking profit by my own money management method.


I don't have SL, I know its risky to play without SL ( thats why I play at High/Low of H1/H4) and take into consideration the worse case.
Just assume I got enough capital to tolerate 1000 - 1500 pips per trade against me.

Forex is about investing your money at the best time, to me the following 3 pairs are good to trade now.

There are few values in my Expert Advisor to secure my capital, something like Maximum amount of trade to run at a time and many more options

Progress on the 3 EA.

-NZD/USD Performing exceptionally well due to commodity drop. Make about $430 + profits since the launch 2 days ago with 1.3k equity
-Current drawdown 2%

-USD/CHF Performing $73 profit with 30% drawdown out of a 1k equity due to USD weakness. - Added $200 to lower drawdown (Taken from NZD/USD)
Drawdown is now around 20%

-EUR/USD Performing $200-$300 profit with 15% drawdown out of a 9k equity

At the moment as long got price movement, there will be money to be make, nothing to be taken serious as drawdown is still kept at 50% and below.
Expect correction on USD pairs after the strong usd sell off yesterday.


Make money even when sleeping - Expert Advisor

Nice to hear this.

Can you share screen shots of how EA looks in MT4 ?? What are the most profitable pairs with this EA?

Ea have no special look. Just a smiley face at top right of your chart with the ea name. Ea is just a chunk of codes that you set if this happen what the bot should do. Many if else condition . The most profitable pair is definitely nzd usd due to the commodity weakness. What i like about my ea is that i dont need stay at my screen. I just need ensure my internet and com is powered on . I have a returns of 50%+ on this nzd usd with the highest drawdown when usd got sell off last night at drawdown 30% but now drawdown 2-5% . I know 30% drawdown is high but the way i code my ea have some serious capital protection when drawdown reach a certain range and i did my calculation.



Current running

2 x usd / chf EA ( previously 1 is nzd/usd )
1 x eur / usd EA

NZD / USD EA is switch off as its near my no trading range.

Conclusion of the Week:

A week of USD weakness, with slight rebound, quite of a trending market than a range market.

This week saw opportunity with NZD/USD short running with my E.A

- Total make about $400+ out of a starter of $1.2k

EUR/USD not performing so well, the bull is strong and the bear is weak. Hope next week will get more profit.

- This week fetch around $200-$300 but E/U is a bigger lot size per trade than NZD/USD.

USD/JPY - EA setup on potential support area 97.00 and manage make $50 out of 2 trades
This EA have a tolerance of about stop loss 95.60-95.80 to blow or lower as long as money keep come in.

USD/CHF - Same like E/U , just keep having USD weakness, make about $200-$300 for the week.

Weekly Profit roughly $1000 around.
Weekly Loss $0 as the EA doesn't close in loss ( there is unrealize loss thou but is within the money management strategy of the EA )

DrawDown for E/U EA is about 20%
Drawdown for U/J EA is about 2%
DrawDown for U/CHF EA 1 is about 25%
Drawdown for U/CHF EA 2 is about 7%

All EA are still working well and fetching money, next week might switch on a E/G short EA.

Next Week Planning:

> Might Close USD/CHF E.A and change other pair if it able rebounce to 0.9050 area
> Likely will hold U/J , E/U
> Maybe will consider cross currency EA setup like E/A, or G/A or E/G

Looking forward for more USD strength and getting 1-2% return of equity per trading day out of the 4 EA.

Video for the new coming week !

2 Weeks performance .

Deposit $1355
Total Profit make $850.09

About 62.7% gain



Still got some other account, gain about 20-30% so far per accounts.


Thinking I could rely on this for my daily living soon

nice results!, keep it up !

Awesome results man. Good luck

He lost all his money. See other thread,
http://www.forexfactory.com/showthre...44#post7118044

Yup... everyone does this lol... let's see if he learns his lesson or if he rinses and repeats like so many before him.

He seems to resurface as http://www.forexfactory.com/chaosbun but not selling EAs anymore. Now into teaching.