Quote:
Originally Posted by trendcat  how do you know that is his results
it says they are not verified
you people are so naive,no wonder you send all your hard earned money to those sucker garbage EAS.that 99.9% will wipe your account out sooner or later.
pipbuster send us your live account reports of the MD trades the past year
lets see if they match the equity curve on the myfxbook chart.
you can block out the security info of course. |
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Originally Posted by hotsawce Who knows, but trendcat's response is completely unnecessary. He's doubted MD since day one, and it really is a profitable bot. |
TrendCat, Why should anyone do anything for you? Especially when your rude and demanding. This is not your site and we are not your freinds or employees. If you dont like robots, or just dont like this robot, please go elsewhere, and stop wasting space and time.
If Pipbusters account is the same one now posted on the MegaDroid web site, as I suspect it is, it seems to coincide with when he droped off the forums, it is suposedly trading a 10% position size on an ATC brokers account, which is what he was originally trading. At some point before droping off these forums he had mentioned raising his position size, but I have no idea what ever became of it. For the most part though people dont always consider the risk setting to be part of the default settings. He could very well be the default settings with a different risk allowance.
Either way his results are good for the time period he shows and the position size he runs. But different time periods have drastically different results. If you run any tests for the first half of 08, there were virtually no gains untill the fall. The use of Recovery Mode and Aggressive Mode failed terribly resulting in simultaneous losses from Aggressive Mode, and then followed by double losses with Recovery Mode active.
I have long held the opinion that if this EA can handle a double position size during Recovery Mode it should be able to handle it anytime, but to double the position size and allow the EA to open double simultaneous trades, Aggressive Mode, is silly.
From my backtesting over several years, and continuous forward testing, I have found that doubling the position size and turning off Recovery Mode is more profitable, some times far more profitable, but the equity curve is not always as smooth. When Recovery Mode works well it produces a smooth equity curve, but when it fails its a disaster. Further, in order to push the largest workable position size, or at least to maintain an even risk allowance, you cant allow it to open two trades at once some times, and not others. This would mean you are either under or over leveraged half the time. Turning off Aggresive Mode works, but blocks any aggressive trades even when they are the first choice. The asnswer here is to turn on the NFA filtrer with Aggessive Mode on. This will allow the EA to take either an aggressive trade or a conservative trade, but only one trade at a time.
By doing these things, turning off Recovery Mode and turning on NFA Mode, and running a large position size, you can maxinize profits and prevent frequent overleveraging.