Rsmereka Trading Journal

[rsmereka]

A lot of trades in my live account with a good return. I have, however, grave concerns about FxproDroid in the long term. Results:

Account performance, all EA's
total trades: 47
won: 33
lost: 14
net profit: $51.36
roi: 3.31%
pips: 47.5
Performance of EA MegaDroid
total trades: 1
won: 1
lost: 0
net profit: $0.16
roi: 0.01%
pips: 0.1
Performance of EA The Channel Scalper
total trades: 0
Performance of EA FxproDroid (GBPUSD)
total trades: 15
won: 8
lost: 7
net profit: $-38.61
roi: -1.93%
pips: -38.4
Performance of EA FxproDroid (USDJPY)
total trades: 8
won: 6
lost: 2
net profit: $8.1
roi: 0.57%
pips: 8.1
Performance of EA FxproDroid (EURJPY)
total trades: 12
won: 9
lost: 3
net profit: $-2.36
roi: 0.39%
pips: -1.5
Performance of EA FxproDroid (GBPJPY)
total trades: 11
won: 9
lost: 2
net profit: $84.07
roi: 4.27%
pips: 79.2
Performance of EA FxproDroid (all pairs)
total trades: 46
won: 32
lost: 14
net profit: $51.2
roi: 3.3%
pips: 47.4

It was losing big time with my demo account. Heikenizer lost a pile (30% equity) and Caliber FX Pro had a rough start losing almost five percent equity. Results:

Account performance, all EA's
total trades: 25
won: 11
lost: 13
net profit: $-6776.33
roi: -36.36%
pips: -244.8
Performance of EA Heikenizer
total trades: 3
won: 0
lost: 2
net profit: $-5772.31
roi: -30.16%
pips: -160.0
Performance of EA RSI Expert M1-M5 (EURUSD)
total trades: 4
won: 2
lost: 2
net profit: $-370.12
roi: -2.05%
pips: -114.1
Performance of EA Expert M1-M5 (USDJPY)
total trades: 1
won: 1
lost: 0
net profit: $27.53
roi: 0.15%
pips: 12.8
Performance of EA Expert M1-M5 (GBPUSD)
total trades: 0
Performance of EA Expert M1-M5 (USDCHF)
total trades: 1
won: 1
lost: 0
net profit: $57.82
roi: 0.33%
pips: 30.8
Performance of EA Expert M1-M5 (all pairs)
total trades: 6
won: 4
lost: 2
net profit: $-284.77
roi: -1.57%
pips: -70.5
Performance of EA Caliber FX Pro(EURUSD)
total trades: 11
won: 4
lost: 7
net profit: $-1369.28
roi: -8.35%
pips: -76.1
Performance of EA Caliber FX Pro(GBPUSD)
total trades: 2
won: 2
lost: 0
net profit: $143.0
roi: 0.8%
pips: 20.0
Performance of EA Caliber FX Pro(USDJPY)
total trades: 3
won: 1
lost: 2
net profit: $507.03
roi: 2.92%
pips: 41.8
Performance of EA Caliber FX Pro(all pairs)
total trades: 16
won: 7
lost: 9
net profit: $-719.25
roi: -4.63%
pips: -14.3

Rick

[rsmereka]

It was a good week trading my live account. FxproDroid made back a small amount of the large loss it has generated. Results:

Account performance, all EA's
total trades: 74
won: 51
lost: 23
net profit: $73.81
roi: 4.35%
pips: 92.5
Performance of EA MegaDroid
total trades: 2
won: 2
lost: 0
net profit: $31.95
roi: 1.66%
pips: 21.3
Performance of EA The Channel Scalper
total trades: 9
won: 6
lost: 3
net profit: $-39.77
roi: -2.22%
pips: -9.0
Performance of EA FxproDroid (GBPUSD)
total trades: 19
won: 13
lost: 6
net profit: $52.76
roi: 3.05%
pips: 52.8
Performance of EA FxproDroid (USDJPY)
total trades: 13
won: 10
lost: 3
net profit: $46.53
roi: 2.51%
pips: 43.3
Performance of EA FxproDroid (EURJPY)
total trades: 18
won: 10
lost: 8
net profit: $-70.25
roi: -3.78%
pips: -64.8
Performance of EA FxproDroid (GBPJPY)
total trades: 13
won: 10
lost: 3
net profit: $52.59
roi: 3.13%
pips: 48.9
Performance of EA FxproDroid (all pairs)
total trades: 63
won: 43
lost: 20
net profit: $81.63
roi: 4.91%
pips: 80.2


It was also a good week trading my demo account. Caliber FX Pro did very well this week even though it lost more trades than it won which is normal for this EA. Results:

Account performance, all EA's
total trades: 24
won: 9
lost: 15
net profit: $1744.1
roi: 13.7%
pips: 47.2
Performance of EA Heikenizer
total trades: 2
won: 0
lost: 2
net profit: $-160.0
roi: -0.98%
pips: -160.0
Performance of EA Caliber FX Pro (EURUSD)
total trades: 14
won: 5
lost: 9
net profit: $1854.69
roi: 14.33%
pips: 146.1
Performance of EA Caliber FX Pro (GBPUSD)
total trades: 4
won: 1
lost: 3
net profit: $-249.91
roi: -1.59%
pips: -40.4
Performance of EA Caliber FX Pro (USDJPY)
total trades: 4
won: 3
lost: 1
net profit: $299.32
roi: 1.94%
pips: 101.5
Performance of EA Caliber FX Pro (all pairs)
total trades: 22
won: 9
lost: 13
net profit: $1904.1
roi: 14.68%
pips: 207.2

Rick

[rsmereka]

It was another terrible month trading my live account. FxproDroid turned in into a nightmare, taking lots of trades, mostly losing. Results:

Account performance, all EA's
total trades: 193
won: 127
lost: 66
net profit: $-808.67
roi: -26.52%
pips: -322.1
Performance of EA MegaDroid
total trades: 5
won: 5
lost: 0
net profit: $39.66
roi: 2.02%
pips: 26.5
Performance of EA The Channel Scalper
total trades: 18
won: 12
lost: 6
net profit: $41.0100000000001
roi: 2.53%
pips: -50.7
Performance of EA FxproDroid (GBPUSD)
total trades: 54
won: 34
lost: 20
net profit: $-339.45
roi: -14.17%
pips: -205.3
Performance of EA FxproDroid (USDJPY)
total trades: 32
won: 22
lost: 10
net profit: $-129.08
roi: -3.75%
pips: -28.6
Performance of EA FxproDroid (EURJPY)
total trades: 47
won: 29
lost: 18
net profit: $15.21
roi: -0.5%
pips: 3.4
Performance of EA FxproDroid (GBPJPY)
total trades: 37
won: 25
lost: 12
net profit: $-436.02
roi: -12.65%
pips: -67.4
Performance of EA FxproDroid (all pairs)
total trades: 170
won: 110
lost: 60
net profit: $-889.34
roi: -31.07
pips: -297.9

It was a bizarre month trading my live account. Heikenizer lost a bundle. Just before I got a refund from Primeval-EA, it turned around some and made some profit. Results:

Account performance, all EA's
total trades: 137
won: 95
lost: 37
net profit: $-4425.59
roi: -17.48%
pips: 1246.6
Performance of EA Primeval-EA (EURUSD scalp)
total trades: 4
won: 4
lost: 0
net profit: $152.2
roi: 0.77%
pips: 17.0
Performance of EA Primeval-EA (GBPUSD scalp)
total trades: 5
won: 2
lost: 3
net profit: $-114.2
roi: -0.57%
pips: -113.9
Performance of EA Primeval-EA (EURGBP scalp)
total trades: 4
won: 3
lost: 0
net profit: $362.66
roi: 1.79%
pips: 9.4
Performance of EA Primeval-EA (USDCHF scalp)
total trades: 7
won: 6
lost: 1
net profit: $196.84
roi: 0.94%
pips: 20.8
Performance of EA Primeval-EA (EURCHF scalp)
total trades: 8
won: 7
lost: 0
net profit: $95.45
roi: 0.47%
pips: 20.8
Performance of EA Primeval-EA (GBPCHF scalp)
total trades: 5
won: 5
lost: 0
net profit: $421.67
roi: 2.09%
pips: 33.9
Performance of EA Primeval-EA (USDCAD scalp)
total trades: 2
won: 2
lost: 0
net profit: $285.47
roi: 1.43%
pips: 11.1
Performance of EA Primeval-EA (USDJPY scalp)
total trades: 2
won: 2
lost: 0
net profit: $152.07
roi: 0.75%
pips: 11.5
Performance of EA Primeval-EA (GBPUSD hedge )
total trades: 35
won: 35
lost: 0
net profit: $1243.26
roi: 5.68%
pips: 1244.2
Performance of EA Primeval-EA (all pairs/strategies)
total trades: 72
won: 66
lost: 4
net profit: $2795.42
roi: 13.35%
pips: 1254.8
Performance of EA Primeval-EA (all scalping pairs)
total trades: 37
won: 31
lost: 4
net profit: $1552.16
roi: 7.67%
pips: 10.6
Performance of EA Heikenizer
total trades: 21
won: 9
lost: 9
net profit: $-8121.09
roi: -39.31%
pips: -130.6
Performance of EA RSI Expert M1-M5 (EURUSD)
total trades: 4
won: 2
lost: 2
net profit: $-370.12
roi: -2.05%
pips: -114.1
Performance of EA RSI Expert M1-M5 (USDJPY)
total trades: 1
won: 1
lost: 0
net profit: $27.53
roi: 0.15%
pips: 12.8
Performance of EA RSI Expert M1-M5 (GBPUSD)
total trades: 0
Performance of EA RSI Expert M1-M5 (USDCHF)
total trades: 1
won: 1
lost: 0
net profit: $57.82
roi: 0.33%
pips: 30.8
Performance of EA RSI Expert M1-M5 (all pairs)
total trades: 6
won: 4
lost: 2
net profit: $-284.77
roi: -1.57%
pips: -70.5
Performance of EA Caliber FX Pro (EURUSD)
total trades: 25
won: 9
lost: 16
net profit: $485.41
roi: 5.98%
pips: 70.0
Performance of EA Caliber FX Pro (GBPUSD)
total trades: 6
won: 3
lost: 3
net profit: $-106.91
roi: -0.79%
pips: -20.4
Performance of EA Caliber FX Pro (USDJPY)
total trades: 7
won: 4
lost: 3
net profit: $806.35
roi: 4.86%
pips: 143.3
Performance of EA Caliber FX Pro (all pairs)
total trades: 38
won: 16
lost: 22
net profit: $1184.85
roi: 10.05%
pips: 192.9

Rick

[rsmereka]

I just pulled FxproDroid from my live account. Overall, it was a terrible system.

I also realized that I stopped trading my Ttrip manual trading system in haste almost a year ago and I have resumed this system on my demo account.

Rick

[rsmereka]

I have just enabled a MxFxBook.com account to be used with my live trading account. There seems to be a way with this service to analyze by magic number.

I have already found a big flaw in this service. Anytime my broker rolls-up or deletes part of my trading statement, this service is also affected. This service is not unique in this regard. All of the existing MetaTrader statement hosting services also suffer from the same problem. The only facility I know of that does not have this issue is Mt4Anslysis which is still in the alpha (read command line) stage.

Another flaw in Myfxbook service. In order to do analysis by EA (magic), you have to publish to Myfxbook using an EA and dll. In addition this will enable all the magic numbers you have ever used in your account settings. If you have used an EA that uses a range for the magic (like MegaDroid, Robominer and lots of others), you are in trouble. Every distinct magic will appear in your Myfxbook settings. This service is not capable of defining a magic range . It is also not capable of defining an EA group. For example, when I traded Robominer, I used the prefix 51 for AUDNZD and 61 for EURCHF. In Mt4Analysis, I can define an EA group that covers both Robominer pairs which I call Robominer. Myfxbook has no way to do this.

Rick

[rsmereka]

It was a great week trading my live account. Both MegaDroid and The Channel Scalper did really well. Results:

Account performance, all EA's
total trades: 14
won: 14
lost: 0
net profit: $443.28
roi: 19.08%
pips: 123.1
Performance of EA MegaDroid
total trades: 5
won: 5
lost: 0
net profit: $94.81
roi: 4.25%
pips: 53.3
Performance of EA The Channel Scalper
total trades: 9
won: 9
lost: 0
net profit: $348.47
roi: 14.83%
pips: 69.8

It was also a really good week trading my demo account. Caliber FX Pro put in a very strong performance. Results:

Account performance, all EA's
total trades: 17
won: 11
lost: 6
net profit: $2432.73
roi: 15.19%
pips: 658.7
Performance of EA Heikenizer
total trades: 1
won: 1
lost: 0
net profit: $242.85
roi: 1.51%
pips: 486.1
Performance of manual trading system Ttrip
total trades: 1
won: 1
lost: 0
net profit: $239.0
roi: 1.23%
pips: 23.9
Performance of EA Caliber FX Pro (EURUSD)
total trades: 13
won: 8
lost: 5
net profit: $1832.32
roi: 11.42%
pips: 120.8
Performance of EA Caliber FX Pro (GBPUSD)
total trades: 2
won: 1
lost: 1
net profit: $118.56
roi: 1.03%
pips: 27.9
Performance of EA Caliber FX Pro (USDJPY)
total trades: 0
Performance of EA Caliber FX Pro (all pairs)
total trades: 15
won: 9
lost: 6
net profit: $1950.88
roi: 12.45%
pips: 148.7

Rick

[rsmereka]

After reading Ken Long's post #247 in the MegaDroid review post here, I have made the following changes to MegaDroid on my live account:
1. Recovery mode off
2. NFA mode on
3. Risk increased to .20 (20%)

If all goes well, I will gradually increase the risk to a possible maximum of .40 (40%).

Rick

[rsmereka]

I just created a mirror of my live account (balance, EA's and settings) opening a demo account with The Collective FX which is an ECN broker .

The MyFXBook link to this account is:
https://www.myfxbook.com/portfolio/l...ectivefx/31052

Since there is also a waiting list for Collective FX live accounts, I also put myself on the waiting list.

Rick

[pipdetector]

Collective FX looks really interesting. I am only concerned with the monthly fees... Even in case of the smallest accounts they amount to almost $1800 a year.

[rsmereka]

Originally Posted by pipdetector

Collective FX looks really interesting. I am only concerned with the monthly fees... Even in case of the smallest accounts they amount to almost $1800 a year.

Right now, I am under the impression that the extra profit that I make will more than make up for the fees.

Take last night as an example. My live account had one MD trade that lasted a long time and ended up with a measly $2 profit and no Channel Scalper trades. My CollectiveFX account took six trades. Two MD (for a healthy 10.2 and 12.2 pips) and The Channel Scalper took four trades (three at 4 the usual pips and one at 4.8). CollectiveFX raked in over 5%. On top of that, I realized last night after the Asian window that my Channel Scalper settings were wrong for the broker . The time frame was off by an hour and, in addition, the risk was set to half of what I have it on my live account.

Based on one day's trading, the profit difference is within $2 of paying for the tier 9 one month fees.

Now I don't want to go berserk here based on one day's trading and the fact that the CollectiveFX account is a demo (one comment that I kept reading about with CollectiveFX is that their demo account closely mirrors a live account) but there is a substantial difference. Time will tell. I am going to closely watch the progress of the CollectiveFX account verses my live account over time and I suggest you do the same.

Rick