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Free EA 2%-4% profit per Day

  • #141
  • Jan 25, 2016 8:52pm Jan 25, 2016 8:52pm
Quoting johntrung
This strategy is easy to create the same EA. I will give you free same EA if you join under me. I think it's best to use this EA to earn rebates. Yadix.com is a good rebate broker
The Forex Peace Army website has issued a warning in dealing with Yadix.com. On the FPA website it says about Yadix.com: "Forex Peace Army recommends an extremely high level of caution dealing with this company".

You can visit the Forex Peace Army website for more details about why they recommend caution when getting involved with Yadix.com.
"Dream big and dare to fail." - Norman Vaughan
  • #142
  • Edited 9:45pm Jan 25, 2016 9:31pm | Edited 9:45pm
I very much would like to see other people here test this EA and post your results. I think this EA has decent potential to be profitable. Tomosie has already shown that it can go several months making a lot of profit. Yes, his account did have a massive drawdown last week, but until last week his account had went several months of great success making pure profit. I think the problem was his max trades setting. He had it on 20 max trades and I think that is too high and that many max trades brings too much risk. I think at the very most it should be 10 max trades, but I think that even 10 max trades is probably too high. My opinion is that the max trades should be set at 5 or 6 ... somewhere around there. I am no longer testing it at 20 max trades. I am now testing it a 6 max trades.

However, in my Tallinex demo account in which I specifically removed the martingale aspect of the EA and instead have a fixed lot setting of 0.01, I have decided to leave that account at 20 max trades. I am also running this same EA on my FX Choice demo account with the same non-martingale setting that I am using on my Tallinex account. I want to compare the trade results of the smaller spread of FX Choice with the larger spread of Tallinex. I am curious to see if the smaller spreads of FX Choice will bring better bottom line results than the larger spreads of Tallinex.

By the way, I know I mentioned in an earlier post that I wasn't going to use FX Choice anymore due to their 1:200 leverage limit (I prefer to have 1:500 leverage), but I figured since I am using $3000 (demo money) and a fixed lot of 0.01 with this account, then I think I can get by with 1:200 leverage in this situation. I am no longer using FX Glory because I don't trust them as much as I do FX Choice ... even though I am only using demo accounts at this point.

Anyways, the main point of this post is to encourage others here to test this EA and post your results. You can post your results at the end of each week or at the end of each month. The EA is totally free to test. The more people we get to test this EA, the better we can shape this EA to make it better for everyone.

I will keep on testing this EA until I am satisfied enough to open a live account with it or until I feel it is not a feasible enough of an EA to continue testing anymore. And I encourage everyone else here to do the same.
"Dream big and dare to fail." - Norman Vaughan
  • #143
  • Jan 25, 2016 9:54pm Jan 25, 2016 9:54pm
Quoting Ace_1
{quote} The Forex Peace Army website has issued a warning in dealing with Yadix.com. On the FPA website it says about Yadix.com: "Forex Peace Army recommends an extremely high level of caution dealing with this company". You can visit the Forex Peace Army website for more details about why they recommend caution when getting involved with Yadix.com.
I have been with yadix for 2 years and i havent seen any problem with them.Withdrawal is fast and their support is professional. It is up to you to decide
  • #144
  • Jan 26, 2016 2:41am Jan 26, 2016 2:41am
Quoting putrimawarfx
jika saya memakai broker tickmill modal yang disarankan berapa ya? apakah hedging pair bisa dibacktest dalam 1 kali ?
Jika pake broker tickmill disarankan pakai $1500

Quoting johntrung
{quote} I have been with yadix for 2 years and i havent seen any problem with them.Withdrawal is fast and their support is professional. It is up to you to decide
I think you may make your own thread so people in here Focus on my ea

Quoting Ace_1
I very much would like to see other people here test this EA and post your results. I think this EA has decent potential to be profitable. Tomosie has already shown that it can go several months making a lot of profit. Yes, his account did have a massive drawdown last week, but until last week his account had went several months of great success making pure profit. I think the problem was his max trades setting. He had it on 20 max trades and I think that is too high and that many max trades brings too much risk. I think at the very most it should...
Yes i agree with you.. This ea still need better setup..
  • #145
  • Jan 27, 2016 2:44am Jan 27, 2016 2:44am
ok thanks tomosie see you again
i
onorebate
  • #146
  • Jan 28, 2016 3:26pm Jan 28, 2016 3:26pm
Quoting putrimawarfx
ok thanks tomosie see you again i
Welcome
  • #147
  • Edited 10:58pm Jan 29, 2016 10:47pm | Edited 10:58pm
Quoting Hotcool2016
This system is safe I'm testing it with 700 demo averaging 30 to 50 a day you just have to adjust the amount of max trades from 20 to 6 or 7 to prevent high drawdown and it will retrace or hit the trend desired to hit the targeted take profit
Hotcool2016,

This past week I've been trading with the eurusd & usdchf using the setting of 6 max trades (btw, I am no longer using the eurgbp or eurchf with any of my accounts). All the other settings I didn't change anything; I am using the default with all the other settings, including the Lot Exponent. I am using TradersWay for this specific account. My questions to you is:

1. What pairs are you trading with this EA?
2. About how many number of trades did the EA make for you this week?

I ask this because when the max trades setting was at 20, it was making over 500 trades per week (sometimes more, sometimes less). I now have the max trades setting at 6 max trades. However, instead of making less trades it seems to be making just as many trades. With the max trades setting at 6, on my demo account the EA actually made a total of over 600 trades this week! Knowing the fact that I have the max trades setting at 6, shouldn't the EA be making less trades? Or am I just misunderstanding how the EA works?

Tomosie, you can also reply if you happen to know the answer.
"Dream big and dare to fail." - Norman Vaughan
  • #148
  • Jan 30, 2016 3:52pm Jan 30, 2016 3:52pm
Quoting Ace_1
{quote} Hotcool2016, This past week I've been trading with the eurusd & usdchf using the setting of 6 max trades (btw, I am no longer using the eurgbp or eurchf with any of my accounts). All the other settings I didn't change anything; I am using the default with all the other settings, including the Lot Exponent. I am using TradersWay for this specific account. My questions to you is: 1. What pairs are you trading with this EA? 2. About how many number of trades did the EA make for you this week? I ask this because when the max trades setting...
Hi let me answer it :Maxtrade is made for martingale system on this ea. When ea made decision is not against the trend so it will open and close with profit and not achieve the maxtrade. So the maxtrade only achieve when it open the wrong way and it is not often happened. Base on your demo it pairs must open with less level than when it trade eurgbp last days. Im sorry for my english
  • #149
  • Jan 30, 2016 7:24pm Jan 30, 2016 7:24pm
Quoting Ace_1
{quote} Hotcool2016, This past week I've been trading with the eurusd & usdchf using the setting of 6 max trades (btw, I am no longer using the eurgbp or eurchf with any of my accounts). All the other settings I didn't change anything; I am using the default with all the other settings, including the Lot Exponent. I am using TradersWay for this specific account. My questions to you is: 1. What pairs are you trading with this EA? 2. About how many number of trades did the EA make for you this week? I ask this because when the max trades setting...
Hi let me answer it :Maxtrade is made for martingale system on this ea. When ea made decision is not against the trend so it will open and close with profit and not achieve the maxtrade. So the maxtrade only achieve when it open the wrong way and it is not often happened. Base on your demo it pairs must open with less level than when it trade eurgbp last days. Im sorry for my english
  • #150
  • Jan 30, 2016 8:05pm Jan 30, 2016 8:05pm
Quoting Ace_1
{quote} Hotcool2016, This past week I've been trading with the eurusd & usdchf using the setting of 6 max trades (btw, I am no longer using the eurgbp or eurchf with any of my accounts). All the other settings I didn't change anything; I am using the default with all the other settings, including the Lot Exponent. I am using TradersWay for this specific account. My questions to you is: 1. What pairs are you trading with this EA? 2. About how many number of trades did the EA make for you this week? I ask this because when the max trades setting...
Hi let me answer it :Maxtrade is made for martingale system on this ea. When ea made decision is not against the trend so it will open and close with profit and not achieve the maxtrade. So the maxtrade only achieve when it open the wrong way and it is not often happened. Base on your demo it pairs must open with less level than when it trade eurgbp last days. Im sorry for my english
  • #151
  • Jan 30, 2016 9:09pm Jan 30, 2016 9:09pm
Quoting tomosie
{quote} Hi let me answer it :Maxtrade is made for martingale system on this ea. When ea made decision is not against the trend so it will open and close with profit and not achieve the maxtrade. So the maxtrade only achieve when it open the wrong way and it is not often happened. Base on your demo it pairs must open with less level than when it trade eurgbp last days. Im sorry for my english
Tomosie, thank you for the explanation. I had thought that maybe the EA wasn't working correctly, but now I understand it is okay.

By the way, I have noticed in this thread that your posts will often end up being multiple posts - repeated over and over (for example, as your last message has done). Is this a problem caused by Forex Factory? I am just wondering if there is a technical issue that causes your messages to be repeated multiple times.
"Dream big and dare to fail." - Norman Vaughan
  • #152
  • Edited 11:00pm Jan 30, 2016 10:50pm | Edited 11:00pm
As I have mentioned a couple of days ago, I am no longer trading the eurgbp or eurchf with any of my accounts. I am instead now trading the eurusd and usdchf with all my demo accounts in regards to the Bumil EA.

And also as I have mentioned in a previous post, I am using my TradersWay demo account to test the Bumil martingale EA but with the max trades set at 6 instead of 20. The max trades are the only thing I have changed in the EA for my TradersWay demo account. However, as I alluded to in the first paragraph, I am now using eurusd and usdchf as my pairs instead of eurgbp and eurchf. As Tomosie has said, we can use any pairs we want with the EA. If anyone wants to use the pairs I am using then that is fine, or if you want to use the pairs Tomosie is using then that is fine as well.

Here are the results for the past week with my 3 demo accounts:

Tradersway - martingale EA - with max 6 trades setting: This past week the EA - on my trading account at least - made 614 trades (not including the trades that are still in progress when the marked closed on Friday). For the week it made a net profit of $262.07.
As far as the pip total is concerned, I am not going to add up the pip total because it would take too long (and too much work) to calculate the pips of each of the 614 trades.

FX Choice - non-martingale EA (Lot Exponent set at 0.0) - with 20 max trades setting and a fixed lot setting of 0.01 for all my trades on this account: This past week the EA made 160 trades and for the week it made a net profit of $47.78.
With the Lot Exponent set at 0.0 that means this EA has a much lower risk than the regular martingale EA (I am using the regular EA with my TradersWay demo account). Therefore it is much less likely to make a huge profit as the regular EA does, but it is also much less likely to make a huge loss as the regular EA does. This EA is more of a "safe" EA than the regular one. But this EA still can make a good amount of money. For example, had I set the lots to 0.1 instead of 0.01, then I would have made about $470 U.S. dollars this past week. And if I had set it at 1.0 then I would've made about $4700 U.S. dollars (that is if I had used real money).

Tallinex - non-martingale EA (Lot Exponent set at 0.0) - with 20 max trades setting and a fixed lot setting of 0.01 for all my trades on this account: This past week the EA made 70 trades and for the week it made a net profit of $20.07.
I am using my Tallinex account with the exact same settings as my FX Choice account. I am doing this to see if the higher spread prices of Tallinex will have any bad effects on the trade results (in comparison to FX Choice which has lower spread prices than Tallinex). My Tallinex account made 90 less trades and $27 less than my FX Choice account. I wonder... is it because of the higher spreads of Tallinex? The spreads of Tallinex are somewhere around twice as much as FX Choice. Both of these accounts were turned on at the exact same time this past Sunday (Jan. 25). The only difference is that the Tallinex account stops trading 2 hours before the market closes each Friday. I have no idea why this broker does that, but it does stop 2 hours early for some crazy reason. That means my FX Choice trades 2 more hours each week than Tallinex does. I highly doubt the 2 extra hours caused FX Choice to make 90 more trades. lol. But in the long run (such as weeks or months) it could make a difference in the total number of trades and of course it could affect how much more profit one makes over the other.
"Dream big and dare to fail." - Norman Vaughan
  • #153
  • Jan 31, 2016 5:22am Jan 31, 2016 5:22am
Tomosie, Do you have source code of this EA?
If you can add a trend filter when enter a trade, this EA will be perfect.
  • #154
  • Jan 31, 2016 9:53am Jan 31, 2016 9:53am
Quoting Ace_1
{quote} Tomosie, thank you for the explanation. I had thought that maybe the EA wasn't working correctly, but now I understand it is okay. By the way, I have noticed in this thread that your posts will often end up being multiple posts - repeated over and over (for example, as your last message has done). Is this a problem caused by Forex Factory? I am just wondering if there is a technical issue that causes your messages to be repeated multiple times.
Hi about multiple post i had. I dont know what happened. But i think it came from my bad isp
  • #155
  • Jan 31, 2016 10:25am Jan 31, 2016 10:25am
Quoting Ace_1
{quote} Tomosie, thank you for the explanation. I had thought that maybe the EA wasn't working correctly, but now I understand it is okay. By the way, I have noticed in this thread that your posts will often end up being multiple posts - repeated over and over (for example, as your last message has done). Is this a problem caused by Forex Factory? I am just wondering if there is a technical issue that causes your messages to be repeated multiple times.
Hi about multiple post i had. I dont know what happened. But i think it came from my bad isp
  • #156
  • Feb 4, 2016 8:24pm Feb 4, 2016 8:24pm
Just wanna say hi
  • #157
  • Edited 1:40pm Feb 6, 2016 1:06pm | Edited 1:40pm
It is time for the results of my trades during the past week. But before you look at the results, always keep in mind these facts:

*Different brokers can and do give different results. Don't expect broker "A" and broker "B" to give the exact same results.
*Remember - in regards to my demo accounts - that my Tradersway account is the martingale version with the Lot Exponent setting of 1.68, but my other 2 demo accounts (FX Choice & Tallinex) use the non-martingale version with the Lot Exponent setting of 0.0.
*The martingale version will overall have bigger wins (and bigger losses) than the non-martingale version. It is true that both versions are risky and either account can blow up (just like any trading account has a risk), but I think in comparison of the 2 versions of the EA's, the non-martingale version is more safe than the martingale version. But again, this doesn't mean the non-martingale EA is immune from blowing up. It certainly is possible it could happen on any week.
*I have the non-martingale lot settting fixed at 0.01. The non-martingale obviously makes smaller profits (and smaller losses) due to the fact that my lot setting is 0.01. But you can increase the profits by using a lot setting of 0.1 or higher. For example, if you make an average of $50 each week with a lot setting of 0.01, then you will generally make an average of $500 each of those weeks with a lot setting of 0.1 (instead of 0.01). The lot setting is up to you.

Here below are my Bumil EA results for this past week with my 3 demo accounts. I use the pairs of eur/usd & usd/chf with all 3 accounts.

TradersWay - martingale EA - with max 6 trades setting: This past week the EA made 679 trades for a net profit of $291.03. There are 17 trades still in progress due to Friday's market close.

FX Choice - non-martingale EA (Lot Exponent set at 0.0) - with 20 max trades setting and a fixed lot setting of 0.01 for all my trades on this account: This past week the EA made exactly 200 trades for a net profit of $59.93. There are 8 trades still in progress due to Friday's market close.

Tallinex - non-martingale EA (Lot Exponent set at 0.0) - with 20 max trades setting and a fixed lot setting of 0.01 for all my trades on this account: This past week the EA made 152 trades for a net profit of $43.90. There are 7 trades still in progress due to Friday's market close.

Realize that there will always be a certain number of trades still in progress at the end of each trading week. I note those number of "still in progress" trades above, along with my other stats. I will begin making mention each week of the current trades in my TradersWay account that are down $-50 or more. And I will note the current trades in my FX Choice and Tallinex accounts that are down -$10 or more.

Of the 17 trades still in progress in my TradersWay account, 6 of those current trades are down -$50 or more. And 2 of those 6 are currently down -$190 & -$134.

Of the the 8 trades still in progress in my FX Choice account, 5 of those trades are currently down 30-something dollars each, with the other 5 trades down in the single digits each ($9.99 or less).

Of the the 7 trades still in progress in my Tallinex account, 3 of those trades are currently down 30-something dollars each, with the other 4 trades down in the single digits each ($9.99 or less).

We will see next week how the EA handles those trades still in progress. But, then again, isn't that the case each and every week with open trades still in progress?
"Dream big and dare to fail." - Norman Vaughan
  • #158
  • Feb 6, 2016 2:36pm Feb 6, 2016 2:36pm
Thanks Ace-1 and for all your input and testing into this EA. I am using this on a live account on IC markets and it is doing very good, my account is up 30% in one week. I will be testing it on 2nd live account starting Monday i am just waiting for Tomosie to send me another EA for the new account. I am using $1000 USD account. I had this running even when the Non Farm Payroll came out and it did well.
  • #159
  • Feb 6, 2016 3:01pm Feb 6, 2016 3:01pm
One other thing i realized is if you restart the plat form it will open new set of trades , adding to the open trades all ready running prior to the restart. So just make sure you do not restart the platform while you have open trades. Or if you do just close the new trades right aways then you will just have the original trades running. It should not do this but for some reason it does. Maybe Tomosie can explain, why it does. I have used other EA's in the past and none of them ever added a new set of trades after a restart of the platform,
  • #160
  • Edited 9:36pm Feb 6, 2016 9:24pm | Edited 9:36pm
Smahil, thank you for pointing out the fact that it will open a new set of trades when the platform is restarted. It is something we have to watch out for and try to avoid. Have you noticed whether or not the EA will open up an new set of trades when the market opens each Sunday? I am curious if it does. I will try to remember to check if it opens new trades when the market opens on Sunday.

Also, I am glad you let us know how you did last week. The more people that post results, the better. I hope you will continue to at least occasionally post here your results with the EA. You don't have to be as detailed as I am, but it would be good to let us know from time to time how things are going for you with the EA. I also ask the same with anyone else here trying out this EA.
"Dream big and dare to fail." - Norman Vaughan
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