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Promised EA system

  • #961
  • Jan 16, 2014 3:07am Jan 16, 2014 3:07am
Quoting Marck
It would be great if Evil Jerrad comes back to the thread with its solutions. Cooperation is the answer. Or at least if he opens its own thread i'd be in. Don't like the way xlitang's is managing the thread lately.
Ideally everything I am trying to do is suppose to be done by xlitang being the OWNER of the thread - I fail to understand his seeming reluctance to act thus. Like I always say, MAYBE he is too busy.

Ty
My job: I speculate and manage risk.
  • #962
  • Jan 16, 2014 3:09am Jan 16, 2014 3:09am
Quoting Fbird
My 25k demo account is down to hell. Was already loaded with 3.84 lots in AU before the news. Guess that these are the risk of martingale. At least, that shows me the benefits of demo trading before going live lol... Seems that martingale is not for me. https://www.myfxbook.com/portfolio/25kpromised/783690
It's just draw down...who knows...it may still recover from that hell if a reversal occurs before you are margin called

Ty
My job: I speculate and manage risk.
  • #963
  • Jan 16, 2014 3:21am Jan 16, 2014 3:21am
Quoting TyLamai
{quote} It's just draw down...who knows...it may still recover from that hell if a reversal occurs before you are margin called Ty
Yes, it may recover but that's like throwing a coin... Even if it does, 56% dd for a monthly profitability of 15/20% is clearly a no go for me. I can't not even blame the news event as I was already at max position before it. Conclusión: fighting against a strong trend with martingale is a killer. In all cases, thanks all for your effort to try to make this EA viable.
  • #964
  • Jan 16, 2014 3:31am Jan 16, 2014 3:31am
These are my demo accounts:

Somehow they are yet to blow up.

http://www.myfxbook.com/members/TyLa...dea-25k/789990

http://www.myfxbook.com/members/TyLa...hea-25k/789991

http://www.myfxbook.com/members/TyLa...hea-50k/789988


(HYIP) Improperly funded but still going on strong (after a recent wicked DD):
http://www.myfxbook.com/members/TyLa...fishnet/778575


Regards,

Ty
My job: I speculate and manage risk.
  • #965
  • Jan 16, 2014 3:33am Jan 16, 2014 3:33am
Quoting Fbird
{quote} Yes, it may recover but that's like throwing a coin... Even if it does, 56% dd for a monthly profitability of 15/20% is clearly a no go for me. I can't not even blame the news event as I was already at max position before it. Conclusión: fighting against a strong trend with martingale is a killer. In all cases, thanks all for your effort to try to make this EA viable.
At least hang around until the demo account blows up...if for nothing else the company?

Ty
My job: I speculate and manage risk.
  • #966
  • Jan 16, 2014 4:07am Jan 16, 2014 4:07am


Quoting TyLamai
{quote} At least hang around until the demo account blows up...if for nothing else the company? Ty
  • #967
  • Jan 16, 2014 4:19am Jan 16, 2014 4:19am
Quoting Fbird
{quote}
Honestly I would like to see HOW FAR these demos go before they blow!

But my live account? Hell nah - ain't waiting around once am down minus 20% .

So far so good though...

Ty
My job: I speculate and manage risk.
  • #968
  • Jan 16, 2014 6:43am Jan 16, 2014 6:43am
Quoting Fbird
... Even if it does, 56% dd for a monthly profitability of 15/20% is clearly a no go for me...
By the way fbird I look at it a tad differently:

I see the 15-20% as profit for RISKING the 56% capital.

For me though the initial RISK am willing to take is ONLY 20%...this "risk" increases as the account balance increases so for example:

$1000 = Risk of $200 which is 20% but once the account increases to:

$1300 for example, then my Risk = $200 (20% of my initial balance) + $300 profit = $500.

Now is this 50% risk or STILL 20% risk?

I guess the answer will depend on your perspective right?

Regards,

Ty
My job: I speculate and manage risk.
  • #969
  • Jan 16, 2014 7:41am Jan 16, 2014 7:41am
Quoting TyLamai
... Further more, I have Identified the currency PAIRS which are causing me this particular headache. They are: AUDUSD & USDJPY. I have therefore suspended BOTH from further trading while hoping and praying for a quick reversal...
UPDATE:
-------------
USDJPY has reversed quite nicely...so I've reloaded the EA on that chart

Now IF only AUDUSD can learn from that!

Ty
My job: I speculate and manage risk.
  • #970
  • Jan 16, 2014 9:08am Jan 16, 2014 9:08am
I found the problem of my live account. They have a order size limit of 1 lot!
It is stupid to have a maximum lot size of 1 lot in a CENT acount!
I have to close EXNESS cent account and try to another broker to do the live test!
  • #971
  • Jan 16, 2014 9:36am Jan 16, 2014 9:36am
Quoting Sunnybeach
I found the problem of my live account. They have a order size limit of 1 lot! It is stupid to have a maximum lot size of 1 lot in a CENT acount! I have to close EXNESS cent account and try to another broker to do the live test!
At least you were saved from today's HUGE DD,

Profiforex seems to work fine so far.

Ty

NB: If you find another good Nano broker please post it here so we'll know. Thx.
My job: I speculate and manage risk.
  • #972
  • Jan 16, 2014 10:02pm Jan 16, 2014 10:02pm
Watch PromisedEA1, 2 and 5 for stress free trading if you are content with 10%, 20% or even 30% monthly return.
Follow me to the Promised Land
  • #973
  • Jan 17, 2014 4:05am Jan 17, 2014 4:05am
Are these new EAs you developped ? Same stress free trading as this one: https://www.myfxbook.com/portfolio/25kpromised/783690 ?

Some explanations are clearly needed...
  • #974
  • Jan 17, 2014 4:35am Jan 17, 2014 4:35am
Quoting Fbird
Are these new EAs you developped ? Same stress free trading as this one: https://www.myfxbook.com/portfolio/25kpromised/783690 ? Some explanations are clearly needed...
...and OBVIOUSLY not forthcoming.

Ty
My job: I speculate and manage risk.
  • #975
  • Jan 17, 2014 7:36am Jan 17, 2014 7:36am
Quoting TyLamai
{quote} At least you were saved from today's HUGE DD, Profiforex seems to work fine so far. Ty NB: If you find another good Nano broker please post it here so we'll know. Thx.
looks roboforex pro-cent account is a good choice.
http://www.roboforex.com/trade-condi...account-types/
  • #976
  • Jan 17, 2014 9:22am Jan 17, 2014 9:22am
Quoting Fbird
Are these new EAs you developped ? Same stress free trading as this one: https://www.myfxbook.com/portfolio/25kpromised/783690 ? Some explanations are clearly needed...
This version of EA has Spread and Price spike protection plus safe trading logic. It worked beautifully this morning for GBP pairs spike. I call it stress free trading EA. The EA is only available for paid members.
Follow me to the Promised Land
  • #977
  • Jan 17, 2014 2:55pm Jan 17, 2014 2:55pm
Hi fellas.

I would like to say that I have officially closed ALL my live trades - at a 3.2% loss on my initial deposit (8.56% IF you count the bonus from profiforex).

I don't want to be one of those foolish traders who want to "BELIEVE" that the trend will soon turn.

WHEN the trend turns, I may re-start the EA.

I must say that xlitang's handling of this thread especially in recent times leaves TOO MUCH to be desired. Enough said.

I will remain on the sidelines for now and monitor the going-ons.

Regards,

Ty
My job: I speculate and manage risk.
  • #978
  • Jan 18, 2014 7:47am Jan 18, 2014 7:47am
I open a new Roboforex cent-pro live account.
http://www.myfxbook.com/members/Sunn...fish-50/809510
  • #979
  • Jan 19, 2014 10:15pm Jan 19, 2014 10:15pm
Quoting Sunnybeach
I open a new Roboforex cent-pro live account. http://www.myfxbook.com/members/Sunn...fish-50/809510
xlitang:

would you please adapte EA to this account?

sunnybeach
  • #980
  • Jan 19, 2014 10:28pm Jan 19, 2014 10:28pm
Quoting Sunnybeach
{quote} xlitang: would you please adapte EA to this account? sunnybeach
Send me an email with your live account #.
Follow me to the Promised Land
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