Rsmereka Trading Journal

[rsmereka]

I just added the Blessing 2 BBStoch V5.21 EA to my demo account. This EA is from tradingsystemforex.com and it trades EURCHF on a M5 chart.

Rick

[rsmereka]

Since I don't have another EA fully tested and ready to replace EB-Turbo on my live account, I have decided to put MegaDroid back onto my live account with all the settings at the default including risk (0.10).

When I have another EA fully tested and ready for my live account, I will again re-evaluate my plan.

Rick

[rsmereka]

It was a terrible week trading my live account. A final drop just shy of 7.7% of my equity. One 3 trade set of EB-Turbo stalled and then EURUSD turned south and I was cooked. Needless to say, I have trashed EB-Turbo. Results:
Account performance, all EA's
total trades: 10
won: 7
lost: 3
net profit: $-1369.4
roi: -7.68%
pips: -570.2
Performance of EA Robominer AUDNZD
total trades: 2
won: 2
lost: 0
net profit: $49.93
roi: 0.29%
pips: 69.4
Performance of EA Robominer EURCHF
total trades: 2
won: 2
lost: 0
net profit: $77.16
roi: 0.46%
pips: 80.0
Performance of EA Robominer (both pairs)
total trades: 4
won: 4
lost: 0
net profit: $127.09
roi: 0.75%
pips: 149.4
Performance of EA EB-Turbo (normal strategy)
total trades: 3
won: 0
lost: 3
net profit: $-1648.17
roi: -9.34%
pips: -750.0
Performance of EA EB-Turbo (turbo strategy)
total trades: 2
won: 2
lost: 0
net profit: $39.36
roi: 0.24%
pips: 20.0
Performance of EA EB-Turbo (both strategies)
total trades: 5
won: 2
lost: 3
net profit: $-1608.81
roi: -9.1%
pips: -730.0
Performance of EA MegaDroid
total trades: 1
won: 1
lost: 0
net profit: $112.32
roi: 0.67%
pips: 10.4

It was also a bad week trading my demo account although there were some good points.
Account performance, all EA's
total trades: 12
won: 8
lost: 3
net profit: $-1738.65
roi: -9.88%
pips: -538.0
Performance of EA Robominer AUDNZD
total trades: 0
Performance of EA Robominer EURCHF
total trades: 0
Performance of EA Robominer (both pairs)
total trades: 0
Performance of EA EB-Turbo (normal strategy)
total trades: 3
won: 0
lost: 3
net profit: $-3945.57
roi: -27.3%
pips: -750.0
Performance of EA EB-Turbo (turbo strategy)
total trades: 3
won: 3
lost: 0
net profit: $123.99
roi: 1.04%
pips: 30.0
Performance of EA EB-Turbo (both strategies)
total trades: 6
won: 3
lost: 3
net profit: $-3821.58
roi: -26.26%
pips: -720.0
Performance of EA The Channel Scalper
total trades: 0
Performance of manual trading system AUDBounce
total trades: 0
Performance of EA Zoid
total trades: 3
won: 3
lost: 0
net profit: $2024.0
roi: 15.91%
pips: 138.0
Performance of EA Blessing 2 BBStoch
total trades: 3
won: 2
lost: 0
net profit: $58.93
roi: 0.47%
pips: 44.0

Rick

[rsmereka]

I just removed the Blessing 2 BBStoch EA from my demo account. There is a bug in the EA where it creates thousands of pending orders in a loop. This has the effect of flooding my statement with canceled pending orders. My demo statement was getting so big that it was becoming difficult to view it using a browser.

Rick

[JPM]

Hi, Rick!

First, (and I think I speak for many people) I want to say "Thanks!" for taking the time to post your Trading Journal here at PipCop. I have been following your journal since the beginning, and I really enjoy reading your results and commentary. Your honesty, integrity, and insight are wonderful! So again...Thank You! Please keep posting!

Second, I know that you are not at all happy with the recent performance of EB-Turbo, and you have said that you have totally trashed it. This is completely understandable. However, I just wanted to point out that the major losses occurred only with the "normal strategy" of EB-Turbo, while the "turbo strategy" has seemed to be consistently profitable, at least thus far. Perhaps instead of totally eliminating EB-Turbo from your trading, you could continue to trade with EB-Turbo using only the Turbo Strategy, at least maybe on your Demo account? Just a thought...


Best Regards,

-JPM

[rsmereka]

Originally Posted by JPM

Hi, Rick!

First, (and I think I speak for many people) I want to say "Thanks!" for taking the time to post your Trading Journal here at PipCop. I have been following your journal since the beginning, and I really enjoy reading your results and commentary. Your honesty, integrity, and insight are wonderful! So again...Thank You! Please keep posting!

Second, I know that you are not at all happy with the recent performance of EB-Turbo, and you have said that you have totally trashed it. This is completely understandable. However, I just wanted to point out that the major losses occurred only with the "normal strategy" of EB-Turbo, while the "turbo strategy" has seemed to be consistently profitable, at least thus far. Perhaps instead of totally eliminating EB-Turbo from your trading, you could continue to trade with EB-Turbo using only the Turbo Strategy, at least maybe on your Demo account? Just a thought...


Best Regards,

-JPM

Hi JPM and Welcome,

Thanks for your kind words of encouragement. It is my firm belief that sharing benefits us all. A prime of example of this benefit is your comments about EB-Turbo. I would never have realized this relationship. Based on your comments, here are my live account stats:
Normal strategy:
Number of trades

select count() from closedtrade where magic = 81
database result:
row(1):Array ( [count()] => 33 )

Pips:

select total(pips(ticket)) as pips from closedtrade where magic = 81
database result:
row(1):Array ( [pips] => -933.7 )

PL:

select total(pl + rollover ) as tot from closedtrade where magic = 81
database result:
row(1):Array ( [tot] => -1705.93 )

Turbo strategy:
Number of trades:

select count() from closedtrade where magic = 811
database result:
row(1):Array ( [count()] => 86 )

Pips:

select total(pips(ticket)) as pips from closedtrade where magic = 811
database result:
row(1):Array ( [pips] => 136.7 )

PL:

select total(pl + rollover ) as tot from closedtrade where magic = 811
database result:
row(1):Array ( [tot] => 426.01 )

Bottom line...Your right How did you discover this? I wonder if EB-Turbo has a setting where the normal strategy can be turned off? I just re-added the EA to a demo account chart and there is no switch for the normal strategy. There is an on/off switch for the turbo strategy.

Thanks anyway for the tip,
Rick

[rsmereka]

It was a good week trading my live account. Results:
Account performance, all EA's
total trades: 7
won: 7
lost: 0
net profit: $234.0
roi: 1.38%
pips: 241.7
Performance of EA Robominer AUDNZD
total trades: 4
won: 4
lost: 0
net profit: $106.53
roi: 0.63%
pips: 157.1
Performance of EA Robominer EURCHF
total trades: 2
won: 2
lost: 0
net profit: $75.49
roi: 0.44%
pips: 80.0
Performance of EA Robominer (both pairs)
total trades: 6
won: 6
lost: 0
net profit: $182.02
roi: 1.07%
pips: 237.1
Performance of EA MegaDroid
total trades: 1
won: 1
lost: 0
net profit: $51.98
roi: 0.31%
pips: 4.6

It was a really good week trading my demo account. The Channel Scalper is doing particularly well. Results:
Account performance, all EA's
total trades: 9
won: 8
lost: 1
net profit: $770.83
roi: 5.33%
pips: 20.5
Performance of EA Robominer AUDNZD
total trades: 0
Performance of EA Robominer EURCHF
total trades: 0
Performance of EA Blessing 2 BBStoch
total trades: 1
won: 1
lost: 0
net profit: $27.87
roi: 0.21%
pips: 22.0
Performance of EA The Channel Scalper
total trades: 6
won: 6
lost: 0
net profit: $1127.86
roi: 7.94%
pips: 24.0
Performance of manual trading system AUDBounce
total trades: 0
Performance of EA Zoid
total trades: 2
won: 1
lost: 1
net profit: $-384.9
roi: -2.82%
pips: -25.5

Rick

[rsmereka]

It was an ok month trading my live account. After the heavy EB-Turbo loss on the 19th, I consider myself fortunate to only suffer a small loss for the month. Results:
Account performance, all EA's
total trades: 56
won: 52
lost: 4
net profit: $-195.03
roi: -0.71%
pips: 356.6
Performance of EA Robominer AUDNZD
total trades: 10
won: 10
lost: 0
net profit: $272.06
roi: 1.61%
pips: 386.5
Performance of EA Robominer EURCHF
total trades: 8
won: 8
lost: 0
net profit: $307.85
roi: 1.8%
pips: 319.4
Performance of EA Robominer (both pairs)
total trades: 18
won: 18
lost: 0
net profit: $579.91
roi: 3.41%
pips: 705.9
Performance of EA MegaDroid
total trades: 2
won: 2
lost: 0
net profit: $164.3
roi: 0.98%
pips: 15.0
Performance of EA EB-Turbo (normal strategy)
total trades: 9
won: 5
lost: 4
net profit: $-1460.81
roi: -8.19%
pips: -639.7
Performance of EA EB-Turbo (turbo strategy)
total trades: 27
won: 27
lost: 0
net profit: $521.57
roi: 3.09%
pips: 275.4
Performance of EA EB-Turbo (both strategies)
total trades: 36
won: 32
lost: 4
net profit: $-939.24
roi: -5.1%
pips: -364.3

It was a very good month trading my demo account. Results:
Account performance, all EA's
total trades: 59
won: 54
lost: 4
net profit: $2835.46
roi: 23.27%
pips: -39.2
Performance of EA Robominer AUDNZD
total trades: 0
Performance of EA Robominer EURCHF
total trades: 3
won: 3
lost: 0
net profit: $116.84
roi: 0.91%
pips: 120.0
Performance of EA Robominer (both pairs)
total trades: 3
won: 3
lost: 0
net profit: $116.84
roi: 0.91%
pips: 120.0
Performance of EA Blessing 2 BBStoch
total trades: 4
won: 3
lost: 0
net profit: $86.8
roi: 0.68%
pips: 66.0
Performance of EA The Channel Scalper
total trades: 14
won: 14
lost: 0
net profit: $3052.8
roi: 21.15%
pips: 56.0
Performance of manual trading system AUDBounce
total trades: 1
won: 1
lost: 0
net profit: $154.09
roi: 1.31%
pips: 20.0
Performance of EA Zoid
total trades: 5
won: 4
lost: 1
net profit: $1639.1
roi: 13.23%
pips: 112.5
Performance of EA EB-Turbo (normal strategy)
total trades: 6
won: 3
lost: 3
net profit: $-3641.41
roi: -24.87%
pips: -675.0
Performance of EA EB-Turbo (turbo strategy)
total trades: 25
won: 25
lost: 0
net profit: $1051.87
roi: 7.97%
pips: 252.7
Performance of EA EB-Turbo (both strategies)
total trades: 31
won: 28
lost: 3
net profit: $-2589.54
roi: -16.9%
pips: -422.3

Rick

[rsmereka]

Originally Posted by JPM

Second, I know that you are not at all happy with the recent performance of EB-Turbo, and you have said that you have totally trashed it. This is completely understandable. However, I just wanted to point out that the major losses occurred only with the "normal strategy" of EB-Turbo, while the "turbo strategy" has seemed to be consistently profitable, at least thus far. Perhaps instead of totally eliminating EB-Turbo from your trading, you could continue to trade with EB-Turbo using only the Turbo Strategy, at least maybe on your Demo account? Just a thought...


Best Regards,

-JPM

Further to your comments. I asked on the EB-Turbo about the normal strategy switch. There is one with the label EB. I re-loaded EB-Turbo on my demo account only using the turbo strategy as you suggested.

Very good catch
Rick

[JPM]

Hi, Rick!

I am glad that you were able to verify that the "Turbo Strategy" of EB-Turbo has indeed been profitable so far.

In post #346, you asked me, "How did you discover this?" Well as I mentioned, I have been following your Trading Journal, and I always very closely analyze the specific performance stats for each of the EAs you are using. So, when you posted those large losses, I noticed that the Normal Strategy had incurred the losses, while the Turbo Strategy had not. Which is why it somewhat surprised me when you said that you were trashing EB-Turbo altogether. I thought that maybe you had not seen the correlation that I had seen, which is why I decided to mention it in the first place.

Also, yes, the "EB" setting within EB-Turbo activates/deactivates the Euro Blaster logic (Normal Strategy), which is completely separate and distinct from the "TurboTrading" setting (Turbo Strategy). From what I understand, the EB-Turbo EA is not necessarily meant to be a totally different EA from the original Euro Blaster EA, but rather it was designed to essentially be two EAs in one, so to speak. In other words, EB-Turbo still contains the original Euro Blaster EA logic, but it also contains the newer Turbo logic. And these two different logics/strategies can be controlled independently of each other.

Hopefully, the EB-Turbo EA (Turbo Strategy) will continue to prove to be consistently profitable! The testing continues...

Thanks, Rick!


All the Best,

-JPM