| | |  | | | PipCop - Real Forex robot reviews on real accounts! | | |  | » Welcome to the Pip Cop - Forex Robot Reviews and forums. |
PipCop reviews MetaTrader Forex robots (EA's) in real-time and posts detailed statements every 15 minutes. We ONLY forward test on real accounts for the most accurate robot reviews! Be smart! Read the Review FAQ or you WILL lose money! If you enjoy the site, please let me know by registering or donating! Thanks! -- PipCop  P.S. This message is hidden if you register! | | Previous robot reviews Previous reviews of robots, some good, some bad. |
2009-04-08, 12:42 PM
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#51 (permalink)
| | Rookie Pip Officer | Quote:
Originally Posted by portal Google can translate their entire site. I think I posted the google translation link in a previous post. It is definately an EA for you to look at again. As you can see from PiPCop testing it has had 3 great and profitable months out of 4 months
Thanks,
S | What I wonder is if goolge can translate the Expert's code  it's in Russian also I believe, that's why I wondered perhaps that's causing some incompatibilities such as not opening trades or something... We will keep an eye on pipCop's forwards, btw how does he manage to test all this software at once on different accounts? I am with a VPS and it has a hard time getting hold of two Windows sessions.
Regards |
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2009-04-08, 12:50 PM
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#52 (permalink)
| | Site Supporter
Trader for 2 - 4 years
Location: Pleasanton,CA
Posts: 54
Trading Live with: multiple
| EA Settings Hi Pipcop,
Can you please confirm if you are using these settings:
lot size .01
Autolot=true |
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2009-04-08, 12:58 PM
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#53 (permalink)
| | Rookie Pip Officer | Quote:
Originally Posted by portal Hi,
What version are you using?
I have version3 on a live account and it is working fine (4 digits). I am using InterBank, and this is also a concern for me...as they are moving to 5 digits soon. I believe v3 will be able to handle this, simply by adding an extra zero on the tp  and sl  level.
Version 4.2 is basic and does not have these settings. I will test it on an Alpari account for you, as it has 5 digits. I will let you know if it trades today, as it trades everyday at a specific time. Get back to you soon.
Question, have you considered opening a new additional account, with a different broker  ? Forex.com and MetaTrader.com are very good, and use 4 digits.
Thanks | You must be pretty confident if you already trading Live with this Expert. Why are you using v3 instead of 4.2?
Get back with the Alpari test results thanks!! even better, open a mt4stats.com account and post the link to your Live account statement, so we can see how you are doing (remember to choose "All history" in the Account history tab)
Cheers! Proupin |
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2009-04-08, 01:01 PM
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#54 (permalink)
| | Donating member
Trader for 0 - 1 year
Location: UK
Posts: 28
| Yea that'd be cool Yea that'd be cool...translation of the code.
But I use v3, and I am content with it. In 4 trading days (today being my 4th) I have made close to $600. With a small losing trade. I have put in some manual trades too though - in the same direction, which is risky for long trades due to drawdown  . So I will only do it with short  trades for now on.
I tested on Alpari - did not trade with the 5 decimal places. So I will have to change brokers in May so as to be able to use the EA.
Thanks,
S |
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2009-04-08, 01:07 PM
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#55 (permalink)
| | Pip Chief of Police and Site Owner | Quote:
Originally Posted by geekguy Hi Pipcop,
Can you please confirm if you are using these settings:
lot size .01
Autolot=true | I am using the default settings that load in the first time you attach the robot to a chart. |
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2009-04-08, 01:14 PM
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#56 (permalink)
| | Donating member
Trader for 0 - 1 year
Location: UK
Posts: 28
| Alpari did not trade on 5 decimal - yikes Quote:
Originally Posted by Proupin You must be pretty confident if you already trading Live with this Expert. Why are you using v3 instead of 4.2?
Get back with the Alpari test results thanks!! even better, open a mt4stats.com account and post the link to your Live account statement, so we can see how you are doing (remember to choose "All history" in the Account history tab)
Cheers! Proupin | Yes, I am pretty confident. I have tested this EA for a month with great results. And PipCops testing results, for 4 months, show three consecutive profitable months - over $3000 I think.
I am using v3, as it is the newer version I believe. You can confirm this on the russian site. It has many more settings to choose from, including the time you want it to trade at. I find trading at gmt 0 (3pm) instead of 6pm is better. Though this would be 6pm on ForexMeta.
I am off to play badminton now. When I get back I will check about an MT4 account. However, I trade manually, and agressively, on this account, using the EA trades as a guide. So the results would not be the same as letting the EA trade on its own.
I am also going to close my 3 open orders (which are in profit), as I want to test MegaDroid tonight (though wont be at computer). MegaDroid seems to trades between 9.30-10.30pm every night. So I want to do some sample trades with low lot sizes to see howit performs.
If results are good, I can trade 20/200 v3 during the day at 3pm...and then MegaDriod at 9.30pm onwards.
I will definately keep you updated.
I also use RoboMiner, on another account, and have done so for about 10 weeks. Made over $1000. I can set that MT4 up if you like.
Thanks,
S |
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2009-04-08, 07:18 PM
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#57 (permalink)
| | Donating member
Trader for 0 - 1 year
Location: UK
Posts: 28
| It does work Proupin Quote:
Originally Posted by Proupin You must be pretty confident if you already trading Live with this Expert. Why are you using v3 instead of 4.2?
Get back with the Alpari test results thanks!! even better, open a mt4stats.com account and post the link to your Live account statement, so we can see how you are doing (remember to choose "All history" in the Account history tab)
Cheers! Proupin | Hey Proupin,
After a closer inspection, I noticed the trade did not open, as an order was currently open. I therefore set the EA (v3) to trade at 1am, usin all defaults. It traded successfully with $3 win. (I forgot to change my lot size). I have timed the EA to trade again at 2am with the correct lot size. I will inform you of the results. Update to MegaDroid - Demo account has opened 3 orders today. Live account open 1 order (which is the same order as the demo accounts 3rd order). This order just opened, so I will inform you of the results. I do not expect it to trade as often as the demo account, as demo and live accounts are very much different.
Thanks,
S |
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2009-04-09, 08:24 AM
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#58 (permalink)
| | Donating member
Trader for 0 - 1 year
Location: UK
Posts: 28
| Traded successfully Hey,
The EA (v3) traded successfully on Alpari (UK), LLC - made a demo trade of $80. However, I could have answered this query a lot quicker if I used some of my brain cells.
PipCop is testing v4.2 on Alpari (US), LLC for months now, which is also 5 digits. So I believe it is safe to trade the EA on 5 digit brokers.
Thanks. |
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2009-04-09, 02:36 PM
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#59 (permalink)
| | Robot Author
Trader for 2 - 4 years
Location: Russia
Posts: 3
| Hi to all
"20/200 pips" is my system, so if you have any questions, please ask.
There are new article on my website about 5 digits on Alpari - http://www.autoforex.ru/articles/5digits/5digits.php but it is on Russian.
To get expert functional with 5 digits yuo have to multiply every value that in point SL  , TP  , delta, slippage  and so.
Thx for intresting the system. |
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2009-04-09, 02:49 PM
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#60 (permalink)
| | Donating member
Trader for 0 - 1 year
Location: UK
Posts: 28
| Quote:
Originally Posted by hwmaster Hi to all
"20/200 pips" is my system, so if you have any questions, please ask.
There are new article on my website about 5 digits on Alpari - http://www.autoforex.ru/articles/5digits/5digits.php but it is on Russian.
To get expert functional with 5 digits yuo have to multiply every value that in point SL  , TP  , delta, slippage  and so.
Thx for intresting the system. | Hey hwmaster,
Thanks for coming aboard. Here is the translation of the 5 Digit Article: http://translate.google.co.uk/transl...hl=en&ie=UTF-8
I use your system on a live account. I love it. I am using version3. Is this the latest version?
InterBank is moving to 5 digits soon...does "delta s" need to be multiplied by 10 too?
Thank you.
Portal |
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