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PipCop reviews MetaTrader Forex robots (EA's) in real-time and posts detailed statements every 15 minutes.
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P.S. This message is hidden if you register! | | Previous robot reviews Previous reviews of robots, some good, some bad. | 
2008-12-14, 01:01 PM
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#101 (permalink)
| | Pip Chief of Police
and Site Owner |
No. Please see my previous post. | 
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2008-12-14, 01:12 PM
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#102 (permalink)
| | Banned - sharing robots
Trader for 1 - 2 years
Location: Mongolia
Posts: 30
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Quote:
Originally Posted by PipCop  No. Please see my previous post. | I see are you planning to restart it? I thought it went below the zero line and getting the STOP icon. I'll read the whole treat tomorrow. By the way how's ur business??? I will donate some donuts in the future  . Right now I couldn't transfer some $ to my paypal. | |
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2008-12-14, 01:39 PM
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#103 (permalink)
| | Pip Chief of Police
and Site Owner |
That's correct. It crashed MetaTrader, so the results are now unreliable. It did go below zero, but if it was not trading who knows if it may have recovered.
Business is slow - only one person has doanted. Feel free to help out when you can!  | |
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2008-12-15, 07:19 PM
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#105 (permalink)
| | Pip Sergeant
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331
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I've been running all 10 pair on my laptop, with 10 additional screens for changing time frames and manual trading, without any problem whatsoever. I simply removed all the indicators and run it on a basic black screen. This draws about 60K RAM. As soon as I add any Heiken Ashi indicator  it shoots up to near 200K.
I'm still working to find a good way to manage the drawdowns. Fabio's sugestion further above is about the best. For now I've been trying to put stops on all open positions, but this doesnt solve the problem. This program doesnt seem to be able to trade without drawdowns, its entries are just too inaccurate. It relies on the greater trend to pul it through. This works untill it fails...... | |
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2008-12-15, 07:47 PM
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#106 (permalink)
| | Pip Chief of Police
and Site Owner |
Part of my problem is that I am running about 10 XP's on one server with only 4GB of RAM to share between the OS and the VM 's. It's a little more complex than just running on a dedicated machine. 
I'm creating a new XP build that is smaller and should be less resource intensive, so we'll see how that goes in the next week or so.  | |
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2008-12-18, 01:40 PM
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#108 (permalink)
| | Pip Sergeant
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331
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I would be impressed to see this one survive, I dont think it will make it. I've been testing it for a couple of weeks now and its giving me a workout trying to keep up with its massive drawdowns. So far, on default settings with a little manual managment, it is profitable, nicely so, but not an easy task. As soon as I turn my back it goes into a drawdown , and it ends up becoming a waiting game of who will break first. Not the way I want to trade.
When this trades well it is a beautiful sight, but it always seems to catch the last trade and hold it into deficit . | |
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2008-12-18, 09:04 PM
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#109 (permalink)
| | Pip Detective
Trader for 2 - 4 years
Location: Colorado / NZ
Posts: 145
Trading Live with: Forex Funnel
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Yeah... -$2300 in loss and negative float against $2100 equity is not my cup of tea as to risk and trading... but who knows, maybe it'll recover before it gets called out- 
I am not one of those "I told ya so" people.... but.... LOL - well, we'll wait a bit more and see before I unleash  | |
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2008-12-19, 03:59 PM
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#110 (permalink)
| | Pip Sergeant
Trader for 2 - 4 years
Location: Cambridge, MA
Posts: 331
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Try -4050 pips, or -4050.00 on my 0.1 lot position size. Not bad for a 5K demo account, and I thought I was doing good building it up to 6500 in 2 weeks. Alas....
The problems with the drawdowns on this system is that they come on so fast you can be in a major deficit in short time. | |
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