591801 (Por forex_trader_8864)

O utilizador eliminou este sistema.

591801 Discussão

Jun 25, 2010 at 01:16
1,656 Visualizações
25 Replies
Membro Desde Nov 02, 2009   94 posts
Aug 02, 2010 at 04:20
What kind of EA that you mean by 'BEWARE!!! ACCOUNT BUSTER!!! '
Try not to be greedy trading with no emotion
pearlo
forex_trader_8864
Membro Desde Mar 18, 2010   127 posts
Aug 02, 2010 at 04:28
during the previous month i used martingale EA's with little money and busted my account 3 times (real money for testing purposes). now i deposited 5k and used blessing 3. question now is when will this 5k be busted. :-)
Membro Desde Nov 02, 2009   94 posts
Aug 02, 2010 at 05:25 (editado Aug 02, 2010 at 05:31)
Did you forward test before it .. ?
i use to use martingale before, it also busted my account, now i tried grid trading , it seem profit since last month

firt depo 100$ busted ..!
seconds depo 100$ busted
Last Depo 40$
Here the result .. !
https://www.myfxbook.com/members/Touareg/mkmk-3/41307
Try not to be greedy trading with no emotion
Membro Desde Feb 16, 2010   1332 posts
Aug 02, 2010 at 05:28
Marco, you're conducting very expensive experiments.😄
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Membro Desde Nov 02, 2009   94 posts
Aug 02, 2010 at 05:34

forexma posted:
    Marco, you're conducting very expensive experiments.😄

Yes i saw he got big nerve .... !
Try not to be greedy trading with no emotion
pearlo
forex_trader_8864
Membro Desde Mar 18, 2010   127 posts
Aug 02, 2010 at 06:20
this will be the forward test on blessing 3.
 5k depo, usdjpy only and used the last setfile from thier website.

Touareg posted:
    Did you forward test before it .. ?
i use to use martingale before, it also busted my account, now i tried grid trading , it seem profit since last month

firt depo 100$ busted ..!
seconds depo 100$ busted
Last Depo 40$
Here the result .. !
https://www.myfxbook.com/members/Touareg/mkmk-3/41307

pearlo
forex_trader_8864
Membro Desde Mar 18, 2010   127 posts
Aug 02, 2010 at 06:21
do you have any suggestion so it wont be expensive? 😄

forexma posted:
    Marco, you're conducting very expensive experiments.😄
Membro Desde Feb 16, 2010   1332 posts
Aug 02, 2010 at 06:25
Yeah, demo first.
"In trading, winning is frequently a question of luck, but losing is always a matter of skill."
Membro Desde Jul 18, 2010   26 posts
Aug 02, 2010 at 06:31
.......I think you should try it on demo til it got at least 10% before going on real account.
Be open mind, we can learn so much more.
pearlo
forex_trader_8864
Membro Desde Mar 18, 2010   127 posts
Aug 02, 2010 at 06:36
ive done demo testing. im forward testing it now. thanks for the suggestions. 😄
Membro Desde Apr 20, 2010   814 posts
Aug 02, 2010 at 08:45 (editado Aug 02, 2010 at 08:46)
You no upload your demo testing of Bless 3?

Here my sample for you : https://www.myfxbook.com/members/ForexSeeker/5-bless-martin/29610

3 month tested of FXDD, look like the UsdJpy only make -$33.88 in 3 month.

So your account is hardly to blow in 3 month, please try with all 5 pairs, change to get blow is better.

Erhhmmm... 22 pairs better, here the example https://www.myfxbook.com/members/bluemele/blessings-v3-7-6/38075

But that is IBXF micro , so you probably just need 10 pairs to get job done.
Information is Gold when come to organised.
pearlo
forex_trader_8864
Membro Desde Mar 18, 2010   127 posts
Aug 02, 2010 at 09:12 (editado Aug 02, 2010 at 09:14)
ForexSeeker posted:
    You no upload your demo testing of Bless 3?

i deleted all my demo account as im now testing EA's on LIVE accounts only

ForexSeeker posted: Here my sample for you : https://www.myfxbook.com/members/ForexSeeker/5-bless-martin/29610

3 month tested of FXDD, look like the UsdJpy only make -$33.88 in 3 month.

So your account is hardly to blow in 3 month, please try with all 5 pairs, change to get blow is better.

Erhhmmm... 22 pairs better, here the example https://www.myfxbook.com/members/bluemele/blessings-v3-7-6/38075

But that is IBXF micro , so you probably just need 10 pairs to get job done.


thanks but no thanks for your suggestion, im not in a hurry to blow up 5k. 😝😄
Membro Desde Oct 28, 2009   1430 posts
Aug 02, 2010 at 09:18
Demo testing only goes so far. It tells you if the logic of the system works. It isn't until you put a system on to a live account that you get a real result. I've seen demo systems that survived the exact same period that a live account blew up in as demo accounts don't have to worry about petty little problems like liquidity.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
pearlo
forex_trader_8864
Membro Desde Mar 18, 2010   127 posts
Aug 02, 2010 at 09:21
precisely. 😀

stevetrade posted:
    Demo testing only goes so far. It tells you if the logic of the system works. It isn't until you put a system on to a live account that you get a real result. I've seen demo systems that survived the exact same period that a live account blew up in as demo accounts don't have to worry about petty little problems like liquidity.

Membro Desde Apr 20, 2010   814 posts
Aug 02, 2010 at 09:34 (editado Aug 02, 2010 at 09:37)
What mean by liquidity ? You mean that the big move of pip in market where spread suddenly go high and you get re-quote as the market price change too fast ?

Can it be a problem to the trade if it already have pending order , stop loss, take profit ?
Like Bless3 already putting this pre-order in the broker server, will it facing re-quote problem and not able to execute the Sop Loss and loss more than he suppose to ?? Ohhh.. Bless3 no have stop loss, using EA internal control. Will be pending order not able to execute on server on liquidity period ?

Information is Gold when come to organised.
Membro Desde Oct 28, 2009   1430 posts
Aug 02, 2010 at 09:41
I didn't even get on to rapid movements in the market where you don't get filled at the price you wanted or don't get filled full stop - which is also a good killer of Martingale systems - so thanks for bringing those up 😄

Liquidity, spread and what I like to call pip velocity can all have an impact on any aspect of a trade, whether your order gets filled and at what price.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Membro Desde Apr 20, 2010   814 posts
Aug 02, 2010 at 10:13
Liquidity maybe a problem to manual trader, where he unable place the trade or getting the common error or re-quote when busy times.

But pending order, stop loss, take profit which already store in borker site is 100% will be execute rite?

Any trader facing problem where the pending order, SL, TP is not working even recorder in the broker server?

So effect to Martingale EA will be he miss the trade and only open trade when the price is far up, which not able to comply any more with it martingale strategy.

The effect will be more on tight scalping EA such like my 'Kill Bill 5' EA, where EA will not able to modify the TP and hit SL.

Is more obvious on FapTurbo where he got bunch of filters on spread,slip page, height, times to avoid liquidity.

So far my experience on Martingale that vulnerable to liquidity is that it use instant execution rather then pending order with SL and TP.

And my 'Kill Bill 5' make crazy 418% on Alpari because of the crazy big move up and down of price on 6May till 10May.
So you can get lucky with liquidity using EA but not with manual trade.



Information is Gold when come to organised.
Membro Desde Oct 28, 2009   1430 posts
Aug 02, 2010 at 10:18 (editado Aug 02, 2010 at 10:18)
Nothing in live trading is 100% reliable. Manual trading is more reliable as you are there to keep mashing the buttons and I'm sure the cursing and swearing helps but in my experience EA's will always fail to carry out their duly appointed task at some point.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
Membro Desde Apr 20, 2010   814 posts
Aug 02, 2010 at 10:26 (editado Aug 02, 2010 at 10:27)
Do you have shortcut button EA for manual trade ? As most time I try to place a trade, it already out of my range when I press F9 and try to key in SL and TP.

So how you able to keep smashing your keyboard in times of execution fails and price keep jumping around ?

Or you have a special add in interface program to control your MT4 interface for pre-setting of TP and SL using a single touch ?

Information is Gold when come to organised.
Membro Desde Oct 28, 2009   1430 posts
Aug 02, 2010 at 10:31
I don't manual trade on MT4. If I do manual trade, I trade on Dukascopy.
I use MT4 only for EA trading and bridging trades across to Dukascopy.

However I believe - I'm sure one of the manual traders will help out here - that if the broker can't fulfill your order then they put you back to the order entry box and you can modify if required and resubmit.

I have on occasion manually traded on MT4 and when I did I tend to use an EA that manages my orders. i.e. adds in stop losses, targets and handles the trailing stops.

I also have an EA I wrote that allows trades, stop losses and take profits to be generated by drawing trend lines and horizontal lines on the charts. Much easier.
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.
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