EvolutionX robot review - Page 18 - Pip Cop

**pipdetector** · 2009-03-16, 11:24 AM

AFAIK, Evolution X is not free -- I had to pay even for demo...

chankl78 · 2009-03-16, 11:44 AM

Quote:

Originally Posted by pipdetector

Does it mean that you manually set hedge

positions for each position that EvolutionX opens? In this case, the ea would need constant supervision, because as far as I can see there is no way to control the number of open positions in the ea properties.

I just opened the trades as & when I feel it is ok. I base myself on the support & resistance

.
once I put in the trades, I never bother about it. Because evo will look after it.

chankl78 · 2009-03-16, 11:48 AM

Quote:

Originally Posted by adubasu

First question is you said you bought it meaning you are using evo V? as evo x is free and can be dl on the first post. Second question is the .3 lot size for the pending order I assume is for a standard account with orders being placed at .1. How long have you been using this EA and could you post your stats using mt4sats.com? Last question is how hoes the EA take control of the pending orders without it being the one placing them originally?

1) 1st question is being answer. It is not free.
2) I have been using this EA for around 5 days. i do not have a mt4stats.
But, feel free to go to http://foxtrojan.dyndns.biz:88/forex.../statement.htm to take a look at my alpari.

Today trades is not good... It went all the way up to 1.30.... my DD is super high today.

**pipdetector** · 2009-03-16, 11:57 AM

Quote:

Originally Posted by chankl78

Today trades is not good... It went all the way up to 1.30.... my DD is super high today.

I had exactly the same situation last week, but it was with 10 short

positions just after the move up in the EURUSD started. I manually closed all the trades before the account was drained to 0.

I checked your Alpari statement and I see that some of your positions are 0.01 and some are bigger. Where all these positions opened by EvolutionX?

chankl78 · 2009-03-16, 12:03 PM

Quote:

Originally Posted by pipdetector

I had exactly the same situation last week, but it was with 10 short

positions just after the move up in the EURUSD started. I manually closed all the trades before the account was drained to 0.

I checked your Alpari statement and I see that some of your positions are 0.01 and some are bigger. Where all these positions opened by EvolutionX?

It is all opened by me in large lotsize 0.3. Evo slowly (or super rapidly) break down from 0.3 until it reaches 0.01.

Now, I do not know what to do with it. Maybe I would close it myself.
So far, I rarely see evo opened trades for me.

Cos most of the time, I insert it myself so that I can make money faster.
Looks like I need to fine tune my method.

**pipdetector** · 2009-03-17, 08:25 PM

It seems that the ea on the demo here got stuck. The last time there was some activity was March 2...

**PipCop** · 2009-03-17, 10:49 PM

Yeah, I think now is the time to go close all those open trades. It does that, which is weird...

**adubasu** · 2009-03-18, 03:25 AM

LETS GO LIVE!!! or maybe create a polling bar on which EAs to buy/start live

**PipCop** · 2009-03-18, 10:00 AM

You read my mind! I am in the process of setting up another live account to get a robot on it. I also have been trying to figure out how to change the robot submission thread to a tool that has a poll for voting on them!

**pipdetector** · 2009-03-18, 06:32 PM

I switched to demoing EvolutionX mini and I must admit that I am much more comfortable with it. The 0.01 size is ideal for this type of EA, because it generates many trades and when the market swings against them and it is easier to bear it because the amount of loss is 10 times lower than with 0.1 positions.

Also it seems that the mini version has some sort of 'all positions closing' feature that makes it easier to avoid large drawdowns.