Rsmereka Trading Journal

[rsmereka]

I have been running the Winalot trial on my demo account since August 12. In that time, the EA placed 22 trades with 14 winners and 8 losers for a 63.6% win rate .

pl: -$1,760.59
pips: -455.8

This is terrible performance and, as a result, I have removed it from my demo account and I will not be re-newing the trial. The EA's win/loss ratio is ok but the EA loses way more pips on a per trade basis than it wins. In addition, when it loses, it increases the lot size.

Result: failed after one month running in a demo account

Since my demo account has lost some $2,350 in the last month due to a whopper of a loss with MegaDroid and the losses with Winalot, I will be re-starting the account again from the beginning with a 13K balance. I will be putting both Robominer currencies on this account with a fixed lot size of one mini (0.10) and will also be testing the Oktat (aka PipZu) EA.

Rick

[pipdetector]

Originally Posted by rsmereka

Thanks for the report,

(...)

On another note, it's good to see your demo statement but where are the GT-Shadow trades?
(...)

I trade GT-Shadow only live. Only one MT4stats box is available, so I use it for EvolutionX demo. How do you add links in your posts footers?

[rsmereka]

Originally Posted by pipdetector

I trade GT-Shadow only live. Only one MT4stats box is available, so I use it for EvolutionX demo only. How do you add links in your posts footers?

Just click on 'User CP' above, then 'edit your signature'. The ability to put a URL in the signature is there. As least it's there for me being a site supporter. If it's not there and you can add a signature, just put the text in and people will have to copy and paste the URL from your signature.

Rick

[rsmereka]

I added another EA to my demo account. TOProfit 1.4.2. A demo is free. It trades GBPUSD on an H4 chart. All default settings

The EA took of right away and as I write this, it has opened four trades.

Rick

[rsmereka]

It was a very quiet week with my live account. Just one Robominer trade closed this week:

Week: $48.70, 0.54%, $9.74/day

As a matter of fact, I had more MegaDroid trades this week than with Robominer. That is very unusual.

In my demo account, TOProfit closed five GBPUSD trades this week, all in profit along with one EURCHF Robominer trade. Otkat has yet to place a trade.

Rick

[rsmereka]

A very good week with my live account. The best week yet with Robominer.

Week: $250.19, 2.43%, $50.04/day

My demo account has also really taken off. Otkat finally has had it's first trade which was a winner.

Rick

[rsmereka]

I have removed the TOProfit EA from my demo account after repeated backtests reveled a strong probability that the EA will enter into multiple bad trades, eating the entire account.

I have replaced TOProfit with FXNitro which I just bought. I have put the FXNitro main EA on a EURCHF M5 chart and have put FXNitroLFR on a EURGBP M15 chart.

Rick

[rsmereka]

It was a very good month with my live trading account.

Month overall, all EA's: $700.42, 7.29% ROI, $35.02/day, 30 trades, 911.7pips
EA breakdown:
Robominer AUDNZD: $595.97, 6.28% ROI, $29.80/day, 22 trades, 863.4pips
MegaDroid EURUSD: $104.45, 1.01% ROI, $5.22/day, 8 trades, 48.3pips

It has been a really good month with my demo account. Keep in mind that I started this account on Sep 15. I am assuming 10 trading days in the profit per day calculations.

Month overall, all EA's: $1470.12, 10.76% ROI, $147.01/day, 24 trades, 769.6pips
EA breakdown:
Robominer AUDNZD: $315.06, 2.3% ROI, $31.51/day, 11 trades, 440pips
Robominer EURCHF: $194.75, 1.44% ROI, $19.48/day, 5 trades, 200pips
Robominer (Both): $509.81, 3.74% ROI, $50.98/day, 16 trades, 640pips
Otkat EURUSD: $428.99, 3.04% ROI, $42.90/day, 2 trades, 38.3pips
TOProfit GBPUSD: $531.32, 3.98% ROI, $53.13/day, 6 trades, 91.3pips

Notes:
-TOProfit has been removed from my demo account (see post above)
-FXNitro and FXNitro LFR are the new EA's in my demo account, they have yet to place a trade

Forex party on dudes
Rick

[rsmereka]

I am having some issues getting both FXNitro and FXNitro LFR to trade.

It all started when I noticed that the 4xproject.com demo opened a trade last night. Since we are using the same broker , my demo should have also opened this trade. Well my demo account did not open this trade. I checked my experts log and there were no messages from the FXNitro EA but there were many repeating messages from FXNitro LFR about error 129. I looked up this error and it's an invalid price.

I contacted the FXNitro developer who responded with such speed that it knocked me of my chair It's a rare treat to find an EA developer that responds at all let alone within 10 minutes.

Anyway, the developer seems to think that my MaxSpread is too low but there are no messages in the experts log about the spread being to high but, then again, the EA may not output this message like MegaDroid does.

The developer also gave me a link to his statement although I am not sure whether it is live or demo.

I have bumped up my MaxSpread on FXNitro from 40 to 50 (4 to 5) and the developer is going to release another version of the FXNitro LFR EA that does not invoke MQL4 error 129.

Rick

[rsmereka]

Another good week with my live trading account.

Week overall, all EA's: $207.05, 1.93% ROI, $41.41/day, 8 trades, 247.3pips
EA breakdown:
Robominer AUDNZD: $169.97, 1.58% ROI, $33.99/day, 6 trades, 237pips
MegaDroid EURUSD: $37.08, 0.35% ROI, $7.42/day, 2 trades, 10.3pips

It has also been a good week with my demo account.

Week overall, all EA's: $528.60, 3.72% ROI, $105.72/day, 11 trades, 419pips
EA breakdown:
Robominer AUDNZD: $200.47, 1.4% ROI, $40.09/day, 7 trades, 280pips
Robominer EURCHF: $117.23, 0.85% ROI, $23.45/day, 3 trades, 120pips
Robominer (Both): $317.70, 2.25% ROI, $63.54/day, 10 trades, 400pips
Otkat EURUSD: $210.90, 1.47% ROI, $42.18/day, 1 trade, 19pips

Rick