Forex Identity X3 - Closed (By forex_trader_33635)
The user has deleted this system.
Forex Identity X3 - Closed Discussion
Oct 14, 2012 at 18:01
1,157 Views
5 Replies
forex_trader_32776
Member Since Mar 28, 2011
942 posts
Oct 21, 2012 at 09:22
Last Week, I started off with 4 different Short Cycles setting on EURUSD. Each Cycle started at a different time and had a range of 4-8 SafeMode setting. The purpose of this experiment was to space out the orders by starting each cycle at a different time since a few pip difference can lead to a basket being closed out or not closing. Diversification is always best even if you are trading on the same pair. I also used Different TimeFrames and UseLogic to give each system its own agenda.
All trades were closed before the weekend. Next Week I'll do a similar experiment with a new feature!
All trades were closed before the weekend. Next Week I'll do a similar experiment with a new feature!
forex_trader_32776
Member Since Mar 28, 2011
942 posts
Oct 25, 2012 at 12:08
(edited Oct 25, 2012 at 12:09)
ForexScam posted:
Last Week, I started off with 4 different Short Cycles setting on EURUSD. Each Cycle started at a different time and had a range of 4-8 SafeMode setting. The purpose of this experiment was to space out the orders by starting each cycle at a different time since a few pip difference can lead to a basket being closed out or not closing. Diversification is always best even if you are trading on the same pair. I also used Different TimeFrames and UseLogic to give each system its own agenda.
All trades were closed before the weekend. Next Week I'll do a similar experiment with a new feature!
About the same setting as last week.
3 Short Cycles -with a Variation of SafeMode and UseLogic configurations.
1 MiniCycle - This is a new feature that allows the Short or Long Cycle to be adjusted by the user to PICK about any Grid Distance that you would like. I'm using a very aggressive setting which is almost 1/2 of the normal ShortCycle. I'm using only 6 MaxOrderLevels with SafeMode = 4 .
One of the new feature includes a HedgeMode to help reduce DD in trending markets. However, the markets were flat this week so the HedgeMode gave a nice boost to the profit.
Depending on what happens in the next 24 hours, I'll most likely close all the positions before the weekend and design a new setup for the following week..
So far, about 40% Gain this Week with little DD>
https://www.pipinvestment.com/forex-identity-ea
Skype: pipinvestment
Email: [email protected]
forex_trader_32776
Member Since Mar 28, 2011
942 posts
Nov 12, 2012 at 08:00
forex_trader_33635
Member Since Apr 08, 2011
26 posts
Jan 27, 2013 at 06:31
This account will be moved to Private since it was a Beta Test of Forex Identity and the account was stopped after withdrawal on Oct 26th.
These accounts will be available for monitoring.
https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x8/395109
https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x6/453362
https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x9-tf/460753
These accounts will be available for monitoring.
https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x8/395109
https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x6/453362
https://www.myfxbook.com/members/pipinvestmentbot/forex-identity-x9-tf/460753
forex_trader_33635
Member Since Apr 08, 2011
26 posts
Jan 27, 2013 at 06:37
ForexScam posted:
I started off with 4 different Short Cycles setting on EURUSD. Each Cycle started at a different time and had a range of 4-8 SafeMode setting. The purpose of this experiment was to space out the orders by starting each cycle at a different time since a few pip difference can lead to a basket being closed out or not closing. Diversification is always best even if you are trading on the same pair. I also used Different TimeFrames and UseLogic to give each system its own agenda.
Quoted From Oct 21th, 2012 -- I'll add this information to the manual since this is the best way to trade this system.
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