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Previous robot reviews Previous reviews of robots, some good, some bad.
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Old 2008-12-08, 11:50 AM   #21 (permalink)
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Mine has been consistently making money. I personally disable the auto-lot function as well
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Old 2008-12-08, 01:18 PM   #22 (permalink)
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Quote:
Originally Posted by geekguy View Post
This is because it was two things, not on the 5 minute, and trading too large of lot sizes. You need to review the auto-lot function, it was designed for a much larger balance. It needs to be run only with .01 lot sizes and on the 5 minute tf of the EUR/USD.
Where did you find that information? If that is the case and I can verify it, I will restart it and let it have another chance.
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Old 2008-12-08, 01:22 PM   #23 (permalink)
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I have done extensive backtesting and I run this in a live account on the EUR/USD 5 minute. Try a backtest of it with .01 lots.
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Old 2008-12-08, 05:12 PM   #24 (permalink)
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Restarted!
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Old 2008-12-15, 11:20 AM   #25 (permalink)
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Geekguy: what is your average monthly return on this?
you just turned the autolot to false and put it on M5, or is there anything else that has to be done?
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Old 2008-12-15, 01:47 PM   #26 (permalink)
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Roughly 20-40% per year. Nope, that's all I did, make sure to adjust your lot size according to your equity.
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Old 2008-12-16, 11:47 PM   #27 (permalink)
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Robot went below starting balance so thread icon updated to warning.
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Old 2009-03-19, 10:12 AM   #28 (permalink)
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Hey PipCop,

I see you have been testing this EA now for 3 months. The last 2 months have produced some great results with over $1000 profit per month. Question...are
you going to test the robot on a live account? I don't understand why this thread
isn't getting the attention it deserves...
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Old 2009-03-19, 10:54 AM   #29 (permalink)
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I would like to, but I am waiting to get a little more money so I can open an account for it.
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Old 2009-03-19, 11:01 AM   #30 (permalink)
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Quote:
Originally Posted by PipCop View Post
I would like to, but I am waiting to get a little more money so I can open an account for it.
Yes, I see it reads that a balance of $10K is required. However, the robot does appear to be performing quite well on a 5K (excluding January results - maybe not the best time to trade?).

I am currently trading it on a demo 5K balance too. I opened a 3K demo today, so will observe both accounts closely for the next few weeks, while observing your results too. If all goes well in April, I will open live account for this robot, and will be happy to share my results.

Question: Is this robot free? Or am I using a version for demos only?

Thanks PipCop.
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