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Current Live robot Reviews Current forward tests of MetaTrader Forex robots (Expert Advisors)
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Old 2009-05-02, 06:55 AM   #31 (permalink)
Pip Detective
 
Trader for 1 - 2 years
Location: Canada
Posts: 159


Trading with:
Forex MegaDroid
Default

Quote:
Originally Posted by PipCop View Post
Okay, I am missing some icons, I will get those fixed soon.
Both
2009-04-statement.htm
2009-05-statement.htm (Current)
link to the same statement.
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Old 2009-05-02, 11:21 AM   #32 (permalink)
Pip Sergeant
 
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331


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Quote:
Originally Posted by Blackhand View Post
just like what Mark Larsen said : "If you are a serious forex trader and plan to make money you should understand that your forex trading portfolio should consist of several good systems. Remember, the diversification is the key to success!"



The quote from Mark Larsen is fair, and appropriate for anyone who intends to set up and trade a portfolio of EA's, or even manual trade several diffferent systems. There is still a lot we dont know, and a lot of unexpected suprises, and potential for losses. Trading a basket of EA's does make sense in this concern, but there is a big problem here. Not all of these EA's are worthy of inclusion in a portfolio. In fact, even among the commercial EA's that Mark tests and recomends there are lots of questionable systems.

I think that more than attempting to diversify for the sake of a portfolio, what is really needed is a proccess of elimination and choosing. Which is sort of what we're doing here. No sense in adding inferior or redundant robots to a portfolio. Idealy a couple of robots that can do different things, on different pairs with equal success, from trend riding, to swing trading, to scalping. Each one adds a slightly different aspect to the mix, and if all are done successfully the end result can be great.


Wide diversification is only required when investors do not understand what they are doing. -- -- Warren Buffet ...

Last edited by Ken Long; 2009-05-02 at 11:28 AM.
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Old 2009-05-02, 11:33 AM   #33 (permalink)
Pip Chief of Police
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Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,196
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Quote:
Originally Posted by pipsbuster View Post
Both
2009-04-statement.htm
2009-05-statement.htm (Current)
link to the same statement.
Bug in the system. It's supposed to backup the statements before it rolls over to the next day, but sometimes it doesn't do it quick enough. I'll restore that from a backup.
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Old 2009-05-05, 11:59 PM   #34 (permalink)
Pip Detective
 
Trader for 1 - 2 years
Location: Canada
Posts: 159


Trading with:
Forex MegaDroid
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The second week of my Forex MegaDroid forward testing is over. The results are as follows (streaming live through the MT4Stats site at the below links):

IBFX - the account balance went up to $3253.46; 9 trades, 8 wins: http://jacobbeasley.mt4stats.com

Alpari UK - the account balance went up to $3190.35; 8 trades, 8 wins: http://jacobalpari.mt4stats.com

FXDD - the account balance went up to $3214.00; 8 trades, 8 wins: http://jacobfxdd.mt4stats.com

Forex.com - the account balance went up to $3178.00; 8 trades, 8 wins: http://jacobforexcom.mt4stats.com

How did it go for those of you who are also using it? Please, share your results with the rest of the community.
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Old 2009-05-06, 02:38 AM   #35 (permalink)
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Trader for 1 - 2 years
Location: NY, NY
Posts: 6

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Quote:
Originally Posted by pipsbuster View Post
The second week of my Forex MegaDroid forward testing is over. The results are as follows (streaming live through the MT4Stats site at the below links):

IBFX - the account balance went up to $3253.46; 9 trades, 8 wins: http://jacobbeasley.mt4stats.com

Alpari UK - the account balance went up to $3190.35; 8 trades, 8 wins: http://jacobalpari.mt4stats.com

FXDD - the account balance went up to $3214.00; 8 trades, 8 wins: http://jacobfxdd.mt4stats.com

Forex.com - the account balance went up to $3178.00; 8 trades, 8 wins: http://jacobforexcom.mt4stats.com

How did it go for those of you who are also using it? Please, share your results with the rest of the community.
What settings are you using? Those are some good returns for a 2 weeks period. Much appreciated.
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Old 2009-05-06, 10:35 AM   #36 (permalink)
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Trader for 0 - 1 year
Location: Canada
Posts: 2

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Hi Pipsbuster I'm also trading with the megadroid. I'm using fxdd. I just look at your live stats and your megadroid seams to place trades more offten then mine. did u change any settings on it? Thanks
Ryan
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Old 2009-05-07, 09:05 PM   #37 (permalink)
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Trader for 0 - 1 year
Location: Australia
Posts: 8

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This are my stats.
Needles to say I'm very happy.
But we don't hear much from you PipCop
how you doing?
http://free-page.net/web/Bizkingmd.htm
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Old 2009-05-07, 09:42 PM   #38 (permalink)
Pip Detective
 
Trader for 1 - 2 years
Location: Canada
Posts: 159


Trading with:
Forex MegaDroid
Default

I have taken down my Forex.com account because it was a bit of an overload for my VPS (virtual private server). As for MegaDroid, it keeps raking in, both yesterday and today. The situation is now as follows (as a reminder, the initial balances on all accounts were $3000):

IBFX - up to $3361.86; 12 trades, 11 wins: http://jacobbeasley.mt4stats.com/

Alpari UK - up to $3272.19; 11 trades, 11 wins: http://jacobalpari.mt4stats.com/

FXDD - up to $3286.00; 11 trades, 11 wins: http://jacobfxdd.mt4stats.com/

If you got questions, feel free to ask.
Have a nice weekend, everyone!
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Old 2009-05-07, 09:44 PM   #39 (permalink)
Pip Detective
 
Trader for 1 - 2 years
Location: Canada
Posts: 159


Trading with:
Forex MegaDroid
Default

Quote:
Originally Posted by ryan705 View Post
Hi Pipsbuster I'm also trading with the megadroid. I'm using fxdd. I just look at your live stats and your megadroid seams to place trades more offten then mine. did u change any settings on it? Thanks
Ryan
These are the default settings (conservative strategy, 5% risk level).
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Old 2009-05-07, 11:26 PM   #40 (permalink)
Pip Chief of Police
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Trader for 2 - 4 years
Location: Sterling, VA, USA
Posts: 1,196
My Trading Journal

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Quote:
Originally Posted by Bizking View Post
This are my stats.
Needles to say I'm very happy.
But we don't hear much from you PipCop
how you doing?
http://free-page.net/web/Bizkingmd.htm
I'm doing okay. The only robot I am running live is the RoboMiner demo, so I am waiting for the chart to start falling!
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