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EA Profit Sytem - NOT Selling

  • #1
  • First Post: Edited Sep 4, 2016 10:13am Aug 31, 2016 1:46pm | Edited Sep 4, 2016 10:13am
I came here to share my Forex System and forex factory made me commercial member, this is funny, but OK, no problem.


MARIMBONDO Forex System
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it's a Scalper based in Volume, Flow Index, Momentum, Deviation and Liquidity. It won't trade all day, an order will be placed when the right condition match, so, it can be two up to hundred per week, only the Market move will guide the strategy to the right moment to place an order.

Here you can join our BETA Group: https://join.skype.com/sRlY8FFBrG7R

Here you can follow our FT: http://www.myfxbook.com/members/mari...eta-v2/1768347

Here you'll get info about this project:
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TIME FRAME: * M5

PAIRS: * EURUSD, GBPUSD, USDJPY, EURJPY.

LEVERAGE: * 1:500

SPREADS: * LOW SPREADS, ECN OR NDD.

VPS: * NOT FUNDAMENTAL, BUT SMALL LATENCY AND FAST EXECUTION WOULD BE USEFUL.

BALANCE: * $100/PAIR. IF YOU'RE GOING TO TRADE FOUR PAIRS, YOU'LL NEED $400.

LOTSIZE: * $100
0.01 --> SUPER SAFE
0.03 --> SAFE
0.04 --> LOW RISK
0.05 --> MEDIUM RISK
0.10 --> INSANE RESULTS

1) Put the files in the right folders;
2) Open a chart with your desired pair;
3) Change to M5 time frame;
4) Load the Marimbondo template.

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PS: PLEASE, DON'T FORGET TO JOIN OUR SKYPE FOREX GROUP.

Here you can join our BETA Group: https://join.skype.com/sRlY8FFBrG7R

Attached File(s)
File Type: zip Marimbondo.zip   325 KB | 1,389 downloads
File Type: rar Reports.rar   8.8 MB | 993 downloads
  • #2
  • Edited 4:37pm Aug 31, 2016 1:54pm | Edited 4:37pm

PS: PLEASE, DON'T FORGET TO JOIN OUR SKYPE FOREX GROUP.

Here you can join our BETA Group: https://join.skype.com/sRlY8FFBrG7R


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  • #3
  • Aug 31, 2016 4:37pm Aug 31, 2016 4:37pm

PS: PLEASE, DON'T FORGET TO JOIN OUR SKYPE FOREX GROUP.

Here you can join our BETA Group: https://join.skype.com/sRlY8FFBrG7R

  • #4
  • Sep 1, 2016 3:28am Sep 1, 2016 3:28am
thanks for sharing your EA. Is this EA free ? is this EA could run on live account or demo only ? thanks for information.
  • #5
  • Sep 1, 2016 3:29am Sep 1, 2016 3:29am
Have really not tried other EA but there's always that fear to try something you have never used also not heard someone who has used and heard about it, am using edragon which so far its been 6 months using its a good EA from FreshForex which i think has been working well for me it has an inbuilt money management function.
  • #6
  • Sep 1, 2016 5:45am Sep 1, 2016 5:45am
Quoting ronald_fsm
thanks for sharing your EA. Is this EA free ? is this EA could run on live account or demo only ? thanks for information.
I run this beta now on live, works without any limitation of features. What I really find interesting is that back test is about 99.9% match to live on all recent trades. Both winners and losers. Secondly, the losing trades are super tiny comparing to the big winning trades which is another big plus. No martingale or grid used from what I see.
  • #7
  • Sep 1, 2016 10:17am Sep 1, 2016 10:17am
Quoting rommark
{quote} I run this beta now on live, works without any limitation of features. What I really find interesting is that back test is about 99.9% match to live on all recent trades. Both winners and losers. Secondly, the losing trades are super tiny comparing to the big winning trades which is another big plus. No martingale or grid used from what I see.
Thanks for your explanation. i just wonder it's free before . Anyway what broker do you run this EA live ? thanks a lot for your nice info .
  • #8
  • Sep 1, 2016 12:39pm Sep 1, 2016 12:39pm
I am testing the beta on Forex4You NDD CENT but the advised brokers by developer are different. There are like 4-5 brokers that developer said are good once. That's pretty amazing how BT so match to Live. it means that all the decent results we see in BT we can see in live

NFP Today, will be interesting.
  • #9
  • Sep 3, 2016 6:10pm Sep 3, 2016 6:10pm
MARIMBONDO Forex System

Understanding the winning and losses:

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PS: PLEASE, DON'T FORGET TO JOIN OUR SKYPE FOREX GROUP.

Here you can join our BETA Group: https://join.skype.com/sRlY8FFBrG7R

  • #10
  • Sep 3, 2016 10:59pm Sep 3, 2016 10:59pm
it looks good on backtest, don't know whether forward test is exactly the same or not? As always, backtests are inaccurate.
Pips Collector EA, No Martingale, No Grid
  • #11
  • Sep 4, 2016 3:59am Sep 4, 2016 3:59am
Quoting huatboyz
it looks good on backtest, don't know whether forward test is exactly the same or not? As always, backtests are inaccurate.
That's were my exact concerns after testing over 80 EAs past 3 years. But this EA we've done with a friend different back testing simulations including advanced logic simulation with Slippage of 1,3 and 5 PIPs considered and in all cases we could get very positive results. Also, we've ran back test based on the last few days and we had perfect match between live trades and BT trades. Something we barely could find among commercial and other EAs we've tested. So that's really important point to mention.

As example, GBP/USD Advanced Back Testing Simulation Results with Slippage Considered:
1. Slippage 0-5 PIPs Simulated (Positive & Negative)
2. Deposit $100
3. Fixed Lot Size 0.03
4. Total Profit $2518 from January 2016 until today
5. NO Grid, NO Martingale.
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  • #12
  • Sep 4, 2016 6:59am Sep 4, 2016 6:59am
I tried to backtest this on XM demo, but it doesn't work and just throws alot of "order error: 130".
  • #13
  • Sep 4, 2016 8:18am Sep 4, 2016 8:18am
After looking at how the stratgy works, I doubt you will get this thing working profitable having live conditions. Why?

You are only entering in high volatile market movements with three pip SL doing scalping trades. Slippage and spread widening are going to prevent this thing to work, reminds me of Waygrow ..
  • #14
  • Sep 4, 2016 8:47am Sep 4, 2016 8:47am
Quoting Drolph
After looking at how the stratgy works, I doubt you will get this thing working profitable having live conditions. Why? You are only entering in high volatile market movements with three pip SL doing scalping trades. Slippage and spread widening are going to prevent this thing to work, reminds me of Waygrow ..
That's something I would not agree with after seeing advanced (slippage included) back testing and seeing how BT match the live market trading. This is nothing like waygrow or other tick scalpers. Also, it has no grid, no martingale and no tick trading. Hence, we could see almost 99.5% match between BT and Live performance this week.

In fact, even 5 PIP slippage simulation (both negative and positive combined as it is in real life) given good profits. See screen shot below with 5 PIP Slippage simulation:
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  • #15
  • Sep 4, 2016 8:51am Sep 4, 2016 8:51am
Quoting Lazyjones
I tried to backtest this on XM demo, but it doesn't work and just throws alot of "order error: 130".
Try to use quality dukas copy tick data with no distance limit as you have in XM. The 130 error is distance limit error comes from your broker data feed.
  • #16
  • Sep 4, 2016 9:00am Sep 4, 2016 9:00am
Quoting rommark
{quote} That's something I would not agree with after seeing advanced (slippage included) back testing and seeing how BT match the live market trading. This is nothing like waygrow or other tick scalpers. Also, it has no grid, no martingale and no tick trading. Hence, we could see almost 99.5% match between BT and Live performance this week. In fact, even 5 PIP slippage simulation (both negative and positive combined as it is in real life) given good profits. See screen shot below with 5 PIP Slippage simulation: {image}
Sorry, but slippage cannot be simulated. It is an individual broker dependent order filling problem NO backtest can ever reproduce in a reliable way. Next to that you are entering in direction of the momentum, so you will mostly have negative slippage no matter what the "theory" of slippage distribution is telling you.

Furthermore the myfxbook link is dead, that means your claim of identical performance cannot be verified unfortunately.
  • #17
  • Edited 9:59am Sep 4, 2016 9:07am | Edited 9:59am
Quoting Drolph
{quote} Sorry, but slippage cannot be simulated. It is an individual broker dependent order filling problem NO backtest can ever reproduce in a reliable way. Next to that you are entering in direction of the momentum, so you will mostly have negative slippage no matter what the "theory" of slippage distribution is telling you. Furthermore the myfxbook link is dead, that means your claim of identical performance cannot be verified unfortunately.
1. The myfxbook acc of developer, the one you relate to, was using high risk experimental lot. He will bring it back later as he said earlier in BETA skype group.
2. Saying that Slippage cannot be simulated is a wrong statement, In fact it does and there is special custom developed simulation platform for this. Nothing commercial or public. It might not be 100% real life slippage but thats the closest as it can get to get a good idea of what we might expect in life market.
3. In the simulation that includes life-like (not exact, but very close) slippage (both negative and positive) simulation we could clearly see that the EA will have losing days and losing weeks but it will win in monthly basis as it did whole year, this year based on the simulation results. See the figure as posted earlier in the attachment. Last week the BT data was compared to Live data and was perfectly matched around 95%.
4. Not me and not you can tell how this will work next weeks and if it would be as good as it is on BT. Therefore, you mostly welcomed follow up, as we all do and watch how it does next weeks/months. You can even setup the EA your self on your own VPS and monitor it within your own eyes for your education rather then create here another assumption, because assumption for sure wont help anyone but just mislead, only FT factual data would help and thats why developers having the BETA group open for all to see, observe and try themselves.

What else is possible.
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  • #18
  • Sep 4, 2016 9:46am Sep 4, 2016 9:46am
Quoting huatboyz
it looks good on backtest, don't know whether forward test is exactly the same or not? As always, backtests are inaccurate.
Yes, you're right.... that's why we're in BETA TEST.
BT it's the first step to check if the logic's works, after that, FT is the second step. FT will show us how the logic's will match in live market and third and final, we go with REAL accounts. I don't another way to do this.

If you wanna know more about this project, please join us our Skype group, you're welcome!
  • #19
  • Edited 10:07am Sep 4, 2016 9:56am | Edited 10:07am
Quoting Drolph
{quote} Sorry, but slippage cannot be simulated. It is an individual broker dependent order filling problem NO backtest can ever reproduce in a reliable way. Next to that you are entering in direction of the momentum, so you will mostly have negative slippage no matter what the "theory" of slippage distribution is telling you. Furthermore the myfxbook link is dead, that means your claim of identical performance cannot be verified unfortunately.
Hey @Drolph

Thanks for sharing your thoughts!

What I can say about your words is: You're right and wrong! and I'll explain.

1) You said that: "...slippage cannot be simulated."
That's correct and I agree with you in part of it. Because, you can't do it straight with your MT4, but you can simulate Slippage with paid Tickhystory version.

2) You also said: "...NO backtest can ever reproduce in a reliable way."
Here you're total wrong.

As a developer, my job is understand, avoid and prevent situations, using math calc, algo and etc.

Slippage is normally irrelevant, but can remarkably affect the result when you trade on short time frames, such as minutes or ticks. So far I used the following formula for calculating slippage when entering a trade at the open:

P = S/T * (C-O)

where P = price change due to slippage, S = slippage in seconds, T = bar width in seconds, C = close and O = open.

This is the theoretical average slippage under the assumption of a honest broker, but I found that this generates usually too small slippage. Therefore I'm now using the following formula:

P = S/T * (L-O) when C < O
P = S/T * (H-O) otherwise

This seems to give more realistic results.

Hope my explanation can help you.

Thanks again!!!
  • #20
  • Sep 4, 2016 10:08am Sep 4, 2016 10:08am
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