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Current Live robot Reviews Current forward tests of MetaTrader Forex robots (Expert Advisors)
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Old 2009-10-30, 04:12 AM   #571 (permalink)
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It looks that we need to lock our seatbelts as AUD/NZD is skyrocketing north. I guess it's the time to test agressive strategies .
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Old 2009-10-30, 10:14 AM   #572 (permalink)
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Yep,

At one point earlier today, I had 16 open AUDNZD trades. One has since closed so my open count is at 15.

Lets hope that this bull move is not the start of a major trend reversal.

Rick
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Old 2009-10-30, 10:41 AM   #573 (permalink)
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hey you can always try corralation code
they are selling that for $1700
better hurry up, i just got an email saying they have sold 800 copy's in the first 2 days
there are only a few more copys left

the owners of cooralation code have just sent me their new system
forexnightfox.
excuse me no time to type i have to rush out and grab the last copy
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Old 2009-10-30, 10:54 AM   #574 (permalink)
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Thanks for the tip Trendcat :-)

Did you grab AccuSwiss too?

I am really starting to wonder where these Megadroid and the like guys get their real money from taking into account the effort that they put in sales pitch of their cronies
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Old 2009-10-30, 11:03 AM   #575 (permalink)
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At this point my FXDD has ca 20% relative drawdown , which is OK, I wonder however how I will take the drawdown if the rate comes up to the upper range ...

Fundamentally the bull move seems to be set for longer. The Australian interest rate started to rise and NZ only hints at possible rise next year. The bulls will not buldge unless:
1. NZ starts hinting at rate hike (due to inflation for example)
2. RBA starts to back off rate hikes (due to second leg of recession)

The good thing is that such times are the best for RM/GT, if the up trend does not break the upper range it will be a harvest time when it starts to reverse.
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Old 2009-10-30, 11:04 AM   #576 (permalink)
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im developing a system now
that a hedge fund with NFA membership is interested in.
they also have CTA registration.
you know they woundnt risk their NFA membership if it didnt have potential.
it is coded in tradestation.
but i am trying to find a way to send the signels from tradestatuion
to multiple metatraders

my system has very low stops
it also has a drawdown recovery feature that adjusts the profit target.
it trades 10 pairs for great diversification

its done now and i am going to forward test it.
i already told james about it
as soon as i can get the tradestation -metatrader link set up.
i will tell you guys if you are interested.
cheers

Last edited by trendcat; 2009-10-30 at 11:05 AM.
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Old 2009-10-30, 11:11 AM   #577 (permalink)
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trendcat:

I guess this really begs for a nice new thread. I wonder how the low stop work with the system I am big "warpped" by the fact that RM/GT are no stop systems :-)

Please shed some more light on your system...

I wonder how are you going to set up the Tradestation-Metaquote bridge. It seems that Tradestation would have to play a server and there is potential for execution problems here. If your system is long trend following this should not be a problem.
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Old 2009-10-30, 11:41 AM   #578 (permalink)
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its a great system ,i have been forward testing it for 10 months myself
as i was developing it
i nver hooked it to a live or demo account but we will soon
it uses 3 time frames60,5min and 1
it enters on a very high probabilty candle patterns witrh a few indicators
it also uses divergence too.

i tried to develop it to get in accurately to keep the stops low
it can lose 10 in a row but one big winner will offset that.
the profit targets are 100-200 pips
and the stops are 30 or less.



tradestation is a great platform
but they force you to use their brokerage
if you put 5k in a tradestation account, tradestation is free.
i just thought if people liked metatrader and woundnt want to switch over
we could start a signal service with it.
i may be able to recode it in sql but im not sure yet.

i have a question,
does metatrader allow Dlls
also with metatrader can you send stops to the brokers server to protect your position.

thanks pipdetector and everyione for keeping everyone informed how the EAs are performing.
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Old 2009-10-30, 12:23 PM   #579 (permalink)
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Quote:
Originally Posted by pipdetector View Post
It looks that we need to lock our seatbelts as AUD/NZD is skyrocketing north. I guess it's the time to test agressive strategies .
Well my demo account just got blown. $5k with two instances of 0.1 lots, one shifted 20 pips. Oh well.

My live account is fine, though I wish I were not on IBFX and were on Forex UK so I could get some of those profits instead of waiting for FIFO and all my trades to close... could be months!
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Old 2009-10-30, 12:59 PM   #580 (permalink)
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My live account is back to 16 AUDNZD trades at 28% DD

Pass the valium

Rick
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