EA1/2 Forward Test w/ 20% risk (By jriechers)

The user has deleted this system.

EA1/2 Forward Test w/ 20% risk Discussion

Nov 30, 2009 at 21:59
1,929 Views
27 Replies
Member Since Jul 31, 2009   37 posts
Dec 16, 2009 at 19:21
'...The new verification system also changes the systems search concept – only verified systems will appear on the systems page!'

https://blog.myfxbook.com/
Member Since Nov 09, 2009   60 posts
Dec 16, 2009 at 19:47
Well crap... when i opened this demo to forward test this project, i didnt record the investor password, or the trader password for that matter. Oh well. Its not ready to go LIVE yet anyway, though it just poked over the 400% profit level... !:)
It is what it is, until its not, and then its something else.
Member Since Oct 06, 2009   32 posts
Dec 16, 2009 at 23:16
If you used MT4 to open the demo account you will have all the details in the 'Mail' tab in the terminal...
...not that I've any doubts you've been trading. More just incase you wanted it verified for more visibility :)

Member Since Nov 09, 2009   60 posts
Dec 17, 2009 at 00:27
Hmm, i thought I had opened it with the client on my VPS, but while the mails are there they arent for that account so I have to assume that particular mail is with whatever machine I opened it on, which could be 1 of 4, lol.

I think its on my work laptop which is currently getting fixed as it had a critical hardware failure. Ill check my home computer when I get home, but since I do most trading while Im at work, its most likely on the laptop. I will update everyone when I can get that figured out as I know some of you would like to see that Im not scamming as 400% in two weeks is hard to believe.
It is what it is, until its not, and then its something else.
Member Since Nov 09, 2009   60 posts
Dec 17, 2009 at 07:39 (edited Dec 17, 2009 at 07:48)
Huge spike down just triggered SL, negating what was a very profitable trade. Thats what SL's are for... on to the next trade.
It is what it is, until its not, and then its something else.
Member Since Nov 09, 2009   60 posts
Dec 17, 2009 at 15:33
Lost a large % of profits yesterday due to some unknown factor (no news that I could find) that caused a large spike down in GBPJPY. However, the system is designed to handle 3 losses in a row so Im not particularly worried about it. Thats the point really, my risk tolerance is much higher than the average trader, just something to consider for those of you interested. This system can have up to 50% drawdown at any given point, even at the very start, which luckily didnt happen on this account. This is a 'close your eyes and hope' system. Will I trade it with real money? I already am on a small test account, but I plan on throwing 10k at it next month.

There are some changes Im considering... on the live account I had moved the SL to the entry when the price had moved up equal to the SL, so this spike down actually didnt effect my live account. I may implement a TS or at least a point where the trade is moved to free trade status. It will limit profits I suspect, but will also protect profits if that makes any sense.

Anyway, ill be doing some heavy testing of this over the weekend.
It is what it is, until its not, and then its something else.
Member Since Nov 09, 2009   60 posts
Dec 17, 2009 at 19:05
This gold trade ive had open for a while now is killing my equity. It is not part of the 'system' so please disregard the -4k or so its worth right now, it was an experimental trade.
It is what it is, until its not, and then its something else.
Member Since Nov 09, 2009   60 posts
Dec 19, 2009 at 05:10
Please consider this EA and Account offline - Im going to let it run just for the fun of it, but the holiday liquidity issues are starting to cause problems. Already I am seeing spreads on my ECN account that are 2-3 times larger than normal. This is making it impossible to analyze and further test as MT4 is using the spreads that are currently locked at close of Friday session. I wont go live until 1/5/2010 at the earliest, and may add one more week to that depending on spreads and volume.
It is what it is, until its not, and then its something else.
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