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WFL031 (Real 1) (By Wallace)
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WFL031 (Real 1) Discussion
Jul 14, 2010 at 15:49
Member Since Sep 18, 2009
86 posts
Our system is doing great in the real account 😎.
We are looking for interested partners and investors. PM me if you are interested to know more info.
We are looking for interested partners and investors. PM me if you are interested to know more info.
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Jul 26, 2010 at 22:22
Member Since Sep 18, 2009
86 posts
HI Bhushana,
from our experience and testing, the maxmium DD under the current setting is around 20-30%.
from our experience and testing, the maxmium DD under the current setting is around 20-30%.
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Aug 11, 2010 at 16:07
Member Since Sep 18, 2009
86 posts
We are looking for traders or business partners for this system:
Brief information:
1. This is a trend following system using unique grid trading strategy
2. It trades on multiple pairs which are carefully selected with hedging nature
3. Average return approx 10% -15% per month with prudent risk setting
4. Max DD from our testing and real trading so far is around 20% - 30%
5. Min. capital requirement: USD5,000 (can be in EUR or AUD as well)
6. Besides investors, we also welcome fx partners collaborating with us. Remuneration will be calculated on profit sharing basis based on profit generated in the referrals' accounts.
7. We hope to build a long term mutual beneficial partnership with both traders and fx partners.
If you are interested, feel free to PM me or e-mail us at [email protected]
Thanks
Wallace
Brief information:
1. This is a trend following system using unique grid trading strategy
2. It trades on multiple pairs which are carefully selected with hedging nature
3. Average return approx 10% -15% per month with prudent risk setting
4. Max DD from our testing and real trading so far is around 20% - 30%
5. Min. capital requirement: USD5,000 (can be in EUR or AUD as well)
6. Besides investors, we also welcome fx partners collaborating with us. Remuneration will be calculated on profit sharing basis based on profit generated in the referrals' accounts.
7. We hope to build a long term mutual beneficial partnership with both traders and fx partners.
If you are interested, feel free to PM me or e-mail us at [email protected]
Thanks
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Sep 13, 2010 at 13:53
Member Since Sep 18, 2009
86 posts
We are looking for investors and capital on this system.
Min capital can be USD4K but we suggset using USD5K. Average monthly return is 10% (not a get rich quick system) with max DD at 5% (based real trading result so far).
This is not a martingale system! In fact, this is a grid trading system with unique strategies trading with selected currency pairs.
It is suitable for most major brokers. If you are interested, please PM me for further details.
Cheers,
Wallace
Min capital can be USD4K but we suggset using USD5K. Average monthly return is 10% (not a get rich quick system) with max DD at 5% (based real trading result so far).
This is not a martingale system! In fact, this is a grid trading system with unique strategies trading with selected currency pairs.
It is suitable for most major brokers. If you are interested, please PM me for further details.
Cheers,
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Member Since Jul 21, 2010
106 posts
Member Since Sep 12, 2009
313 posts
Oct 25, 2010 at 16:07
Member Since Sep 18, 2009
86 posts
Hi Temitope123 and kishorejoga, thanks for your comments anyway 😄
We have adopted a hedging strategy recently in the system so as to improve its return and reduce the DD risk. Time will prove the ability of this EA.
We have adopted a hedging strategy recently in the system so as to improve its return and reduce the DD risk. Time will prove the ability of this EA.
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Nov 28, 2010 at 16:37
Member Since Sep 18, 2009
86 posts
The hedging strategy is running very well so far. For any traders who are interested in this system, please leave me a message.
Cheers,
Wallace
Cheers,
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Dec 05, 2010 at 16:03
Member Since Sep 18, 2009
86 posts
We are looking for investors for this system. This is not a get rich quick system but can produce stable return with acceptable DD.
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Dec 12, 2010 at 22:56
Member Since Sep 18, 2009
86 posts
We have set up another real account with more aggressive setting for testing. We target to improve the monthly ROI from 6-8%/month to 10-15%/month. The new account can be found here:
https://www.myfxbook.com/members/Wallace/wfl031br/69864
https://www.myfxbook.com/members/Wallace/wfl031br/69864
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
May 01, 2011 at 16:06
Member Since Sep 18, 2009
86 posts
Hi Fx Traders,
You may register and reserve license of this EA at:
https://taiji.wallaceforexlab.com
Best regards,
Wallace
Wallace Forex Laboratory
We conduct research and testing on profitable forex autotrade system
https://www.wallaceforexlab.com
You may register and reserve license of this EA at:
https://taiji.wallaceforexlab.com
Best regards,
Wallace
Wallace Forex Laboratory
We conduct research and testing on profitable forex autotrade system
https://www.wallaceforexlab.com
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Member Since Feb 16, 2010
1332 posts
May 02, 2011 at 04:07
Member Since Feb 16, 2010
1332 posts
Wallace posted:
Hi Fx Traders,
You may register and reserve license of this EA at:
https://taiji.wallaceforexlab.com
Best regards,
Wallace
Wallace Forex Laboratory
We conduct research and testing on profitable forex autotrade system
https://www.wallaceforexlab.com
Thanx, keep it for yourself. I wouldn't call this joke an EA. Martingale with 800 pips SL is not an EA, it's pure CRAP.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
May 03, 2011 at 01:04
Member Since Sep 18, 2009
86 posts
Hi Solar,
Thanks for your comments. The EA has its own logic to adjust the TP and SL level.
In my humble opinion, EAs with all types of strategy (including martingale) has its own risk and potential. I believe that no single system is perfect. Therefore, we should find a combination of systems (instead a single system) with different strategies to form a portfolio for generating consistent profit.
This EA uses a combination of grid trading and money management strategy to generate profit. I am not saying that it is perfect and will be profitable forever (I think no people can give such kind of guarantee). I just do testing and share real result here. May be I can prove that this system is good, or on someday, I will prove that it is a crap....
Nevertheless, with conservative setting and effective hedging strategy, this system is able to survive for almost one year now. Profits were realised and withdrawn from the account. Those are facts.
Kind regards,
Wallace
Thanks for your comments. The EA has its own logic to adjust the TP and SL level.
In my humble opinion, EAs with all types of strategy (including martingale) has its own risk and potential. I believe that no single system is perfect. Therefore, we should find a combination of systems (instead a single system) with different strategies to form a portfolio for generating consistent profit.
This EA uses a combination of grid trading and money management strategy to generate profit. I am not saying that it is perfect and will be profitable forever (I think no people can give such kind of guarantee). I just do testing and share real result here. May be I can prove that this system is good, or on someday, I will prove that it is a crap....
Nevertheless, with conservative setting and effective hedging strategy, this system is able to survive for almost one year now. Profits were realised and withdrawn from the account. Those are facts.
Kind regards,
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Member Since May 11, 2011
15 posts
May 17, 2011 at 09:40
Member Since Sep 18, 2009
86 posts
Hi eaexpert888,
I come from Hong Kong.
I am not a full time trader yet but is working in the Finance Office of a local University. I also partner with a number of overseas programmers and traders in testing and developing of different kind of autotrade systems.
Nice to meet you!
Kind regards,
Wallace
I come from Hong Kong.
I am not a full time trader yet but is working in the Finance Office of a local University. I also partner with a number of overseas programmers and traders in testing and developing of different kind of autotrade systems.
Nice to meet you!
Kind regards,
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
May 23, 2011 at 13:08
Member Since Sep 18, 2009
86 posts
Dear all,
Once again, the system proved itself the ability to survive during adverse market situation.
We have further improved the performance by using a the better hedging setting. Any traders who are interested to trade with this system, please leave a contact at:
https://taiji.wallaceforexlab.com
Cheers,
Wallace
Once again, the system proved itself the ability to survive during adverse market situation.
We have further improved the performance by using a the better hedging setting. Any traders who are interested to trade with this system, please leave a contact at:
https://taiji.wallaceforexlab.com
Cheers,
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
Member Since May 23, 2011
18 posts
May 24, 2011 at 09:58
(edited May 24, 2011 at 09:58)
Member Since Sep 18, 2009
86 posts
Hi ForexCrazy,
We indeed intend to sell license of this system in order to raise more funding to trade with it. We have not worked out the details and pricing yet. If you would like to reserve a license, please leave us your contact at:
http;//taiji.wallaceforexlab.com
Cheers,
Wallace
We indeed intend to sell license of this system in order to raise more funding to trade with it. We have not worked out the details and pricing yet. If you would like to reserve a license, please leave us your contact at:
http;//taiji.wallaceforexlab.com
Cheers,
Wallace
Wallace Forex Laboratory conducts research on profitable EAs. Our ultimate goal is to create a portfolio of EAs which can provide consistent profit.
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